NOT LISTED FOR SALE

1049 E Dearland Ln Vallonia, IN 47281

Estimated Value: $382,401 - $1,147,000

4 Beds
3 Baths
2,124 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $1,200,000 $565 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $4,308/month

58 Days on Market

Highlights

  • Panoramic View
  • Wood Burning Stove
  • Pole Barn
  • 243 Acre Lot
  • Pond
  • 2 Car Detached Garage

About This Home

As of August 2023

Check out this magnificent farm property , offering a range of features and amenities that make it an ideal location for those seeking a peaceful and rural lifestyle. With 188 acres of marketable timber, the property provides a valuable source of income that can be utilized for a variety of commercial purposes. In addition, the 55 acres of hay production offer ample space for livestock grazing and feed production.The farm home on the property is a cozy and comfortable space, providing a peaceful retreat from the world outside. The pole barns provide ample storage for equipment and supplies, while the ponds offer a source of water for livestock and a tranquil place for fishing or swimming. For those who love to explore the outdoors, the trail system on the property is an absolute paradise, providing a network of paths for hiking, horseback riding, or ATV use. And with a running creek meandering through the property, there is always the soothing sound of flowing water to enjoy. The property is also home to a variety of wildlife, including deer and turkeys, making it an excellent location for hunting or wildlife watching. In short, this farm property is a rare and special place, offering a unique combination of natural beauty and productivity, but perhaps the most appealing aspect of the farm is its seclusion and privacy. Tucked away from the hustle and bustle of city life, this is a place where one can truly get away from it all and enjoy the peace and quiet of country living.

Last Agent to Sell the Property

Kris Christianson

License #RB21001754 Listed on: 04/13/2023

Co-Listed By

Zachary Holt

License #RB18001466

Last Buyer's Agent

Kris Christianson

License #RB21001754 Listed on: 04/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1981

Lot Details

  • 243 Acre Lot
  • Street terminates at a dead end

Parking

  • 2 Car Detached Garage

Property Views

  • Panoramic
  • Hills

Interior Spaces

  • 2,124 Sq Ft Home
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Pond
  • Creek On Lot
  • Pole Barn

Farming

  • 55 Acres of Pasture

Utilities

  • Heating System Uses Wood
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0080028028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,782

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Improvements: 95900
  • Annual Tax: 3782
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Land Assessment: 43200
  • Legal Description: WH SW 28-4-4 80. AC PT SW NW 28-4-4 3. AC
  • Parcel Number: 0080028028
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Timber Acreage: 188
  • Total: 139100
  • Total Finished Square Footage: 2124
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2124.00
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Wood Stove
  • Lot Sq Ft: 10585080.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2124

Garage/Parking

  • Garage Type: Detached, Pole Barn
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Wood
  • Heat Type: Unknown
  • Water: Creek, Pond
  • Water Type: Unknown

Lot Info

  • Acres: 243.0000
  • Lot Description: Creek, Dead End Street, Hill/Knobs View, Panoramic View
  • Pasture Acreage: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Aug 10, 2023
Sold by
Ohio River Veneer Llc
Bought by
Dearland Ln Farms Llc
Seller's Agent
Kris Christianson
Buyer's Agent
Kris Christianson
List Price
$1,490,000
Sold Price
$1,200,000
Premium/Discount to List
-$290,000
-19.46%
Views
78
Current Estimated Value
$755,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$444,533
Avg. Annual Appreciation
-19.36%
Original Mortgage
$960,000
Outstanding Balance
$806,468
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
-$51,001

Purchase Details

Listed on
Jan 10, 2023
Closed on
Jan 20, 2023
Sold by
Herther David R and Herther Deborah C
Bought by
Ohio River Veneer Llc
Seller's Agent
Mary Finkle
Mainstreet Realtors
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$990,000
Sold Price
$920,000
Premium/Discount to List
-$70,000
-7.07%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.11%
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
Dearland Ln Farms Llc -- None Listed On Document
Ohio River Veneer Llc $920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearland Ln Farms Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $1,200,000 -13.7% $565 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $1,390,000 -6.7% $654 / Sq Ft
04/13/2023 04/13/23 For Sale $1,490,000 +62.0% $702 / Sq Ft
01/20/2023 01/20/23 Sold $920,000 -7.1% $433 / Sq Ft View Prior Sale
01/13/2023 01/13/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $990,000 -- $466 / 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 $3,445 $177,200 $67,100 $110,100
2023 $3,422 $170,500 $57,900 $112,600
2022 $3,045 $152,300 $48,200 $104,100
2021 $2,863 $139,100 $43,200 $95,900
2020 $3,134 $142,300 $42,900 $99,400
2019 $3,266 $149,900 $49,700 $100,200
2018 $3,189 $146,800 $51,000 $95,800
2017 $3,070 $152,600 $56,800 $95,800
2016 $2,945 $159,600 $59,400 $100,200
2014 $2,848 $162,900 $61,600 $101,300
2013 $2,726 $150,400 $53,200 $97,200
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2023

    Mary Finkle

    Mainstreet Realtors

    (812) 883-9555

    456 Total Sales

    Mary Finkle
    Section Image

  • Z

    Seller Co-Listing Agent in 2023

    Zachary Holt

  • B

    Buyer's Agent in 2023

    Bedford NonMember

    NonMember BED

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202306952

Southern Indiana REALTORS® Association

APN: 88-44-28-000-006.000-012

Indiana Washington County Vallonia 47281

1049 E Dearland Ln, Vallonia, IN

This home is located at 1049 E Dearland Ln, Vallonia, IN 47281 since 13 April 2023 and is currently estimated at $755,467, approximately $355 per square foot. This property was built in 1981. 1049 E Dearland Ln is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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