NOT LISTED FOR SALE

1041 E Nicholas Ln Unit 25 Ellettsville, IN 47429

Estimated Value: $393,851 - $467,000

0.52 Acre
$814,833 Price per Acre
22,651 Sq Ft Lot

Last Sold July 22, 2019

Last sale price $35,000

Est. 1,111% increase in value since last sale

Current estimated payment $2,664/month

266 Days on Market

About This Lot

As of July 2019

Lots available in beautiful Overbrook Estates! Great location, just a short distance from Ellettsville, Bloomington, Indiana University, and Westside shopping and dining! City utilities available! Choose a lot for your dream home today!

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,566

Year Built

  • 2022

Lot Details

  • 0.52 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • On-Street Parking

Additional Features

  • Suburban Location
  • Heating System Uses Gas

Community Details

  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 53-04-11-200-075.000-013

Property Details

Property Type

Land

Est. Annual Taxes

$3,566

Year Built

2022

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 009-13277-25 Overbrook Estates 1st Lot 25 |
  • Parcel Number ID: 53-04-11-200-075.000-013
  • Platted: Yes
  • Cross Street: McNeely St
  • Grid: Northwest Monroe County-A000
  • Location: Subdivision, Suburb
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 89.74
  • Parcel Description: Cul-De-Sac, Irregular
  • Restrictions: Restrictions, Sidewalk Required, SqFt Restrictions, Building Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: North
  • Type Use: Residential
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Street

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Ellettsville Water Sewage
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: City

Schools

  • School District: Richland-Bean Blossom Community Schools
  • Elementary School: Edgewood
  • Middle School: Edgewood
  • High School: Edgewood

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 22651
  • Estimated Lot Size Acres: 0.52
  • Lot Number: 25
  • Easements: Yes

Tax Info

  • Annual Taxes: 53.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Equity Trust Company
Bought by
Rickert John William and Newforth Veronica Lynn
Total Days on Market
266
Current Estimated Value
$423,713

Purchase Details

Closed on
Jan 31, 2020
Sold by
Equity Trust Company
Bought by
Reiter Matthew T and Reiter Jennifer G

Purchase Details

Listed on
Oct 23, 2018
Closed on
Jul 16, 2019
Sold by
Tapp Philip O
Bought by
Daniels Gregory P
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.31%
Interest Rate
3.75%

Purchase Details

Listed on
Oct 23, 2018
Closed on
Jul 9, 2019
Sold by
Tapp Philip O and Tapp Barbara E
Bought by
Equity Trust Company and Micky L Brafford Ira
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.75%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Oct 19, 2018
Sold by
Overbrook Estates I Llc
Bought by
Tapp Philip O and Tapp Barbara E
List Price
$39,600
Sold Price
$30,000
Premium/Discount to List
-$9,600
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.49%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rickert John William $54,500 None Available
Reiter Matthew T -- None Available
Daniels Gregory P $70,000 --
Equity Trust Company -- None Available
Tapp Philip O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Gregory P --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $35,000 -10.3% --
10/23/2018 10/23/18 For Sale $39,000 +30.0% --
10/19/2018 10/19/18 Sold $30,000 -24.2% --
06/30/2017 06/30/17 For Sale $39,600 -- --
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
2023 $3,566 $356,600 $50,000 $306,600
2022 $1,016 $50,000 $50,000 $0
2021 $942 $42,000 $42,000 $0
2020 $982 $42,000 $42,000 $0
2019 $989 $42,000 $42,000 $0
2018 $46 $1,900 $1,900 $0
2017 $53 $2,000 $2,000 $0
2016 $51 $2,000 $2,000 $0
2014 $44 $1,800 $1,800 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201847614

Indiana Regional MLS

APN: 53-04-11-200-075.000-013