NOT LISTED FOR SALE

10127 Kress Rd Roanoke, IN 46783

Estimated Value: $822,000 - $2,131,146

3 Beds
5 Baths
3,320 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $1,250,000 $377 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,222/month

146 Days on Market

Highlights

  • 25.3 Acre Lot
  • Screened Porch
  • Double Vanity
  • Summit Middle School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of April 2021

Sitting on twenty-five acres of lush Indiana pasture and farmland, the noteworthy Freeland Farm was an equine breeding destination for many years—and now, its state-of-the-art facilities, indoor arena, and 2800+ square foot home can make your event center or agricultural dreams a reality. Built for horse-breeding, the large agricultural building boasts 47 horse stalls and everything needed to maintain an upscale operation, whether converted for livestock or other uses. The heated barn houses an indoor arena, complete with a sound system, spectator area, and wet bar. And the on-site 2,840 square-foot home offers a modern kitchen, finished basement, and a stunning screened-in porch that overlooks the half-acre stocked pond. This will be Allen County’s next luxury event venue, livestock farm, or equine facility—the perfect investment. Property Details: 25 acres in Southwest Allen County (Roanoke); currently set up as an equine breeding facility, but could be converted into a luxury event property, livestock farm, etc.; formerly known as Freeland Farm.

Last Agent to Sell the Property

Jonathan Hough

North Eastern Group Realty Listed on: 07/21/2020

Last Buyer's Agent

UPSTAR NonMember

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,600

Year Built

  • Built in 2006

Lot Details

  • 25.3 Acre Lot
  • Lot Dimensions are 572x1938x573x1839
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Screened Porch
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Partially Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement

Schools

  • Lafayette Meadow Elementary School
  • Summit Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-16-10-300-012.000-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,600

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Style: Tri-Level
  • Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: FRL E 574.2' SW 1/4 SEC 10
  • Parcel Number ID: 02-16-10-300-012.000-048
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Porch Screened, Twin Sink Vanity
  • Special Features: None

Interior Features

  • Total Sq Ft: 3668
  • Total Finished Sq Ft: 3320
  • Above Grade Finished Sq Ft: 2840
  • Below Grade Finished Sq Ft: 480
  • Below Grade Sq Ft: 348
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 27x16, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Recreation Room: Dimensions: 27x16, On Level: Lower
  • Bedroom 1: Dimensions: 21x14, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 828

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Horse Facilities, Dimensions: 123x108
  • Outbuilding2: Horse Facilities, Dimensions: 91x45, 4095

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x21
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Lowerx6, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Lafayette Meadow

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 572x1938x573x1839
  • Estimated Lot Sq Ft: 1102068
  • Estimated Lot Size Acres: 25.3

Tax Info

  • Annual Taxes: 10600

MLS Schools

  • High School: Homestead
  • Middle School: Summit
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Ask Ltr Real Estate Holdings Llc
Bought by
Djs Ranch Investment Llc
Current Estimated Value
$1,516,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,227,575
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$289,140

Purchase Details

Closed on
Sep 15, 2023
Sold by
Ask Ltr Real Estate Holdings Llc
Bought by
Djs Ranch Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,227,575
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$289,140

Purchase Details

Listed on
Jul 21, 2020
Closed on
Apr 1, 2021
Sold by
Platt Travis R and Platt Adrienne M
Bought by
Ask Ltr Real Estate Holdings Llc
Seller's Agent
Jonathan Hough
North Eastern Group Realty
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 21, 2020
Closed on
Mar 31, 2021
Sold by
Platt Travis R and Platt Adrienne M
Bought by
Ask Ltr Real Estate Holdings Llc
Seller's Agent
Jonathan Hough
North Eastern Group Realty
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 26, 2018
Sold by
Freeland Deanna K
Bought by
Platt Travis R and Platt Adrienne M
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Lisa Schrader
Keller Williams Realty Group
List Price
$688,500
Sold Price
$688,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.90%
Original Mortgage
$2,000,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 22, 2017
Sold by
Bobilya David and Richard J Freeland Business Tn
Bought by
Freeland Deanna K

Purchase Details

Closed on
Mar 19, 2012
Sold by
Freeland Richard J
Bought by
Freeland Farm Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Djs Ranch Investment Llc $2,000,000 None Listed On Document
Djs Ranch Investment Llc -- None Listed On Document
Ask Ltr Real Estate Holdings Llc -- Metropolitan Title Of In Llc
Ask Ltr Real Estate Holdings Llc -- Metropolitan Title
Platt Travis R -- Metropolitan Title Of Indian
Freeland Deanna K -- None Available
Richard J Freeland Business Interests Tr -- None Available
Freeland Farm Llc -- Titan Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Djs Ranch Investment Llc $1,600,000
Closed Djs Ranch Investment Llc $1,600,000
Previous Owner Ask Ltr Real Estate Holdings Llc $1,000,000
Previous Owner Ask Ltr Real Estate Holdings Llc $1,000,000
Previous Owner Platt Travis R $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2021 04/07/21 Sold $1,250,000 -16.7% $377 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $1,500,000 +117.9% $452 / Sq Ft
12/26/2018 12/26/18 Sold $688,500 0.0% $318 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $688,500 -- $318 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,545 $781,100 $81,000 $700,100
2023 $14,418 $815,700 $74,200 $741,500
2022 $11,975 $792,200 $57,000 $735,200
2021 $9,827 $622,600 $53,200 $569,400
2020 $10,542 $639,500 $53,000 $586,500
2019 $10,727 $641,300 $58,100 $583,200
2018 $9,668 $588,000 $59,000 $529,000
2017 $9,658 $552,600 $63,300 $489,300
2016 $9,997 $554,500 $65,300 $489,200
2014 $9,144 $497,700 $66,900 $430,800
2013 $6,047 $313,400 $61,700 $251,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202028589

Indiana Regional MLS

APN: 02-16-10-300-012.000-048