NOT LISTED FOR SALE

10709 Us Highway 24 W Fort Wayne, IN 46804

Estimated Value: $399,000 - $861,307

4 Acres
$140,957 Price per Acre
174,240 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $120,000

Est. 370% increase in value since last sale

Current estimated payment $3,322/month

195 Days on Market

About This Lot

As of July 2021

Contingent - accepting for back up offers - Looking to build in SWAC School District? This heavily wooded 4 acre lot is located on US 24 W near Homestead Road. Minutes to schools, hospital, retail, and I-69. Property maybe subdivided. Currently zoned A3.

Last Agent to Sell the Property

Scott Pressler

Keller Williams Realty Group Listed on: 12/16/2020

Keller Williams Realty Group

Last Buyer's Agent

Jesse Pennington

Minear Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $618

Year Built

  • 2023

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 269x220x78x300x345x455
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 02-11-27-352-002.000-038

Property Details

Property Type

Land

Est. Annual Taxes

$618

Year Built

2023

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: SW1/4 SW1/4 S OF H RD EX E 2A & EX W 9 1/2A & EX W 80 OF E 204.7 OF N 305.5FT SEC 27
  • Parcel Number ID: 02-11-27-352-002.000-038
  • Platted: Yes
  • Road Access: County
  • Road Surface: Concrete
  • Sp Lp Percent: 100
  • Parcel Description: Heavily Wooded
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Residential
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • Road Frontage: County

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Lafayette Meadow
  • Middle School: Woodside
  • High School: Homestead

Lot Info

  • Lot Dimensions: 269x220x78x300x345x455
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Pennington and Kristin
Bought by
Freeman Eric and Freeman Hannah
Total Days on Market
195
Current Estimated Value
$563,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jul 8, 2021
Sold by
Doan Myphuong Thi
Bought by
Pennington Jesse and Pennington Kristin
Seller's Agent
Scott Pressler
Keller Williams Realty Group
Buyer's Agent
Jesse Pennington
Minear Real Estate
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.31%
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 4, 2015
Sold by
Demo Mary M
Bought by
Doan Myphuong Thi
Seller's Agent
David Graney
Keller Williams Realty Group
Buyer's Agent
Michelle Linsky
ERA Crossroads
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.48%

Purchase Details

Listed on
Oct 15, 2014
Closed on
Jan 23, 2015
Sold by
Piatt Cherie L
Bought by
Demo Mary M
Seller's Agent
David Graney
Keller Williams Realty Group
Buyer's Agent
Michelle Linsky
ERA Crossroads
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Purchase Details

Listed on
Oct 15, 2014
Closed on
Jan 14, 2015
Sold by
Demo Lisa
Bought by
Demo Mary M
Seller's Agent
David Graney
Keller Williams Realty Group
Buyer's Agent
Michelle Linsky
ERA Crossroads
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Source: Public Records

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Range of Values:

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Average Value
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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
Freeman Eric $125,000 Metropolitan Title
Pennington Jesse $120,000 Fidelity National Title Co
Doan Myphuong Thi -- Fidelity Natl Title Co Llc
Demo Mary M -- None Available
Demo Mary M -- None Available
Demo Mary M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Freeman Eric $831,250
Closed Freeman Eric $75,000
Previous Owner Pennington Jesse $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $120,000 0.0% --
06/29/2021 06/29/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $120,000 +166.7% --
02/04/2015 02/04/15 Sold $45,000 -18.2% --
12/05/2014 12/05/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $55,000 -- --
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 $1,886 $569,400 $160,000 $409,400
2022 $1,115 $80,000 $80,000 $0
2021 $585 $40,000 $40,000 $0
2020 $598 $40,000 $40,000 $0
2019 $618 $40,000 $40,000 $0
2018 $613 $40,000 $40,000 $0
2017 $657 $40,000 $40,000 $0
2016 $677 $40,000 $40,000 $0
2014 $681 $40,000 $40,000 $0
2013 $719 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202049086

Indiana Regional MLS

APN: 02-11-27-352-002.000-038