NOT LISTED FOR SALE

10255 Otterbein Rd SE Laconia, IN 47135

Estimated Value: $225,000 - $352,926

2 Beds
1 Bath
838 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $412,500 $492 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,664/month

Highlights

  • 101.62 Acre Lot
  • Forced Air Heating and Cooling System
  • Farm
  • 2 Car Detached Garage

About This Home

As of December 2021

INSPECTION/OPEN HOUSE: Thurs Nov 4 4-6 PM. This auction includes 101 +/- acres with a 1940 log-built farmhouse (repairs and updates needed), 838 SF, & 2BR/1BA. Mechanicals: LP forced air furnace (tank leased), central air, septic system. Additional improvements: 960 SF garage/pole barn, 1728 SF wood-sided barn, & grain bin. Land features: 1500’ +/- of road frontage on Otterbein Rd SE, 2 large ponds, fenced on all sides, 85% open pastureland & 15% wooded areas. Adjoins Tract #2. Current tenant has farm leased through Nov 1, 2021. Tenant has until Dec 9, 2021 to remove all cattle related equipment & round hay bales. Don't miss out!!! Bid now at https://bid.beckortauctions.com/auctions/catalog/id/29504/ AUCTION ENDS Nov 9.

Last Agent to Sell the Property

Brian Beckort

Beckort Auctions, LLC License #RB14035061 Listed on: 10/18/2021

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1940

Lot Details

  • 101.62 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 838 Sq Ft Home
  • Farm

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 311830300002000003

Property Details

Property Type

Other

Est. Annual Taxes

$1,397

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Improvements: 36800
  • Additional Assessor Parcel Numbers: 311830100014000003
  • Annual Tax: 1397
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 99800
  • Legal Description: PT NW & SW 1/4 30-5-4 85.62 acres & W 1/2 SE 1/4 NW 1/4 30-5-4 16 acres
  • Parcel Number: 311830300002000003
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 136600
  • Total Deduction Amnt: 26196
  • Total Finished Square Footage: 838
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Above Grade Finished Sq Ft: 838.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 4426567.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 838

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 101.6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 9, 2021
Sold by
Estate Of Mildred Cavins
Bought by
Trf Properties Llc
Seller's Agent
Brian Beckort
Beckort Auctions, LLC
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$1
Sold Price
$412,500
Premium/Discount to List
$412,499
41249900%
Current Estimated Value
$272,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,858
Avg. Annual Appreciation
-10.25%
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
Trf Properties Llc $412,500 Simpson Thompson & Colin
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $412,500 +41249900.0% $492 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $1 -- $0 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,552 $229,500 $152,400 $77,100
2023 $2,025 $177,200 $127,800 $49,400
2022 $1,814 $152,900 $99,600 $53,300
2021 $1,252 $124,200 $87,400 $36,800
2020 $1,237 $119,400 $85,800 $33,600
2019 $1,494 $135,500 $102,000 $33,500
2018 $1,506 $138,000 $105,000 $33,000
2017 $1,668 $155,000 $119,000 $36,000
2016 $1,788 $160,500 $125,300 $35,200
2014 $1,713 $165,300 $130,600 $34,700
2013 $1,713 $92,000 $58,400 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021011631

Southern Indiana REALTORS® Association

APN: 31-18-30-300-002.000-003