NOT LISTED FOR SALE

Estimated Value: $908,000 - $986,914

0.34 Acre
$2,791,481 Price per Acre
14,680 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $97,500

Est. 865% increase in value since last sale

Current estimated payment $6,502/month

66 Days on Market

About This Lot

As of December 2015

Build your dream home on this beautiful walkout home site in prestigious Lake Hills Subdivision. This is one of the last walkout home sites available. This premier development features the finest estate homes, outdoor amphitheater, 168 acres of open space, Two parks, 34 acre lake, fishing pier and walking paths.

Last Agent to Sell the Property

Scott Spevacek

Century 21 Circle License #RB14024642 Listed on: 09/25/2015

Century 21 Circle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,811

Lot Details

  • 0.34 Acre Lot
  • Sloped Lot

Community Details

  • Lake Hills Resub B #9 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451128403007000035

Property Details

Property Type

Land

Est. Annual Taxes

$1,811

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: None
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Curbs, Sloped
  • Road Frontage Type: City Street
  • Co List Office Mls Id: GNR161
  • Subdivision Name: Lake Hills Resub B #9
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 0.337

Schools

  • Junior High Dist: Lake Central

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14680
  • Parcel #: 451128403007000035
  • Zoning Description: RESI

Tax Info

  • Tax Annual Amount: 1811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Armani Development Inc
Bought by
Louden Scott P and Louden Danielle L
Current Estimated Value
$940,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,920,000
Outstanding Balance
$2,354,199
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,413,470

Purchase Details

Listed on
Sep 25, 2015
Closed on
Dec 30, 2015
Sold by
Reese James D and Reese Kristen
Bought by
Armani Development Inc
Seller's Agent
Scott Spevacek
Century 21 Circle
List Price
$97,500
Sold Price
$97,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.99%
Original Mortgage
$78,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2013
Sold by
Lake Hills Properties Llc
Bought by
Reese James D and Reese Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
4.38%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Louden Scott P -- Chicago Title Insurance Co
Armani Development Inc -- Chicago Title Co Llc
Reese James D -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louden Scott P $2,920,000
Previous Owner Armani Development Inc $78,000
Previous Owner Reese James D $62,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $97,500 0.0% --
11/30/2015 11/30/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $97,500 -- --
Source: Northwest Indiana Association of REALTORS®

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 $18,117 $913,600 $131,700 $781,900
2023 $9,309 $896,000 $131,700 $764,300
2022 $10,168 $868,600 $131,700 $736,900
2021 $9,725 $849,500 $131,700 $717,800
2020 $9,302 $797,400 $106,000 $691,400
2019 $10,216 $810,500 $106,000 $704,500
2018 $10,010 $774,700 $106,000 $668,700
2017 $9,762 $781,400 $98,300 $683,100
2016 $1,868 $93,200 $93,200 $0
2014 $1,767 $93,200 $93,200 $0
2013 $25 $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR380938

Northwest Indiana Association of REALTORS®

APN: 45-11-28-403-007.000-035