NOT LISTED FOR SALE

Estimated Value: $816,000 - $2,320,000

3 Beds
2 Baths
2,087 Sq Ft
$838/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $2,200,000 $1,054 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $10,613/month

262 Days on Market

Highlights

  • 1,500 Feet of Waterfront
  • 5/8+ Mile Equestrian Track
  • Home fronts a pond
  • Guest House
  • Barn
  • Pond View

About This Home

As of September 2021

Looking for a turnkey training center? This 147+/- acre training center could be that perfect fit for you.
Two residences are located on the property overlooking the racetrack. Main residence is 3 bedrooms/ 2 baths, and the second home is 2/1 with attached 1/1 in-law suite. Homes have new updated kitchens, floors, bathrooms, and A/C’s.

Training facilities include: 4 Barns-all with metal roofs for a total of 54 stalls, covered Euro exerciser, tack rooms, and farm office. Barn A; 14-stall center-aisle CB barn, with tack room and half bath. Barn B; 20-stall CB barn, 6-horse free walker, ½ bath, feed and tack rooms. Barn C; 10-stall CB barn with 2 foaling stalls, tack room, and feed room. Barn D; 8-stall frame barn. A 5/8 +/-mile irrigated track plus viewing quarters. Recently installed new fencing. Plus equipment building and viewing stand. There are 3 wells with new well pumps and 3 septic tanks on the property.

Last Agent to Sell the Property

Joan Pletcher

JOAN PLETCHER License #0609547 Listed on: 12/02/2020

Last Buyer's Agent

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,646

Year Built

  • Built in 1986

Lot Details

  • 147.09 Acre Lot
  • Lot Dimensions are 1320x4854
  • Home fronts a pond
  • 1,500 Feet of Waterfront
  • Northeast Facing Home
  • Wood Fence
  • Property is zoned A1

Parking

  • 2 Carport Spaces

Home Design

  • Farm
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Family Room Off Kitchen
  • Ceramic Tile Flooring
  • Pond Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Pond
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Schools

  • Reddick-Collier Elem. Elementary School
  • North Marion Middle School
  • North Marion High School

Farming

  • Barn
  • Barn Apartment
  • Barn Office
  • Feed Room
  • Pasture

Horse Facilities and Amenities

  • Eurocizer
  • Wash Rack
  • Zoned For Horses
  • Corral
  • Paddocks: 12
  • 5/8+ Mile Equestrian Track
  • Gallop Track

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$9,646

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 2087
  • Lot Size Acres: 147.09
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 2591
  • Lot Size Sq Ft: 6407240
  • Directions to Property: West on US Hwy 27 to West on Hwy 225A to end - make a left on Hwy 329, turn Right on 198th - Left to farm. Or I-75 to 318 Exit, turn left off exit to right on intersection of 329, turn right on 198th farm on Left.
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM611899?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM611899?w=Customer
  • Homestead Y N: No
  • Total Acreage: 100 to less than 200
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93617
  • Price per Sq Ft: 1054.14
  • Close to Original List Price Ratio: 0.93617
  • Ratio: Current Price\Building Area Total: 849.09
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10871
  • Room Count: 3

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Barn Apartment, Barn Office, Barn(s), Corral(s), Guest House, Workshop
  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Number Of Wells: 3
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 1500
  • Water Frontage Feet Pond: 1500

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 3
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Reddick-Collier Elem. School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 01661-000-00
  • Additional Parcels: No
  • Current Use: Cattle, Horses
  • Fencing: Wood
  • Lot Features: In County, Pasture, Zoned for Horses
  • Lot Dimensions: 1320x4854
  • Horse Amenities: Feed Room, Wash Rack, 5/8+ Mile Track, Eurocizer, Gallop Track
  • Flood Zone Code: x,ae
  • Number Of Paddocks Pastures: 12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 9646.24
  • Tax Block: NA
  • Tax Book Number: 6606/0533
  • Tax Lot: NA

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Sep 20, 2021
Sold by
La Hacienda Stables Ranch Llc
Bought by
Thoroughbred Endeavors Llc
Seller's Agent
Joan Pletcher
JOAN PLETCHER
Buyer's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%
Current Estimated Value
$1,749,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$450,602
Avg. Annual Appreciation
-1.75%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Allen James Patrick and Jackson Zana Louise
Bought by
La Hacienda Stables And Ranch Llc

Purchase Details

Closed on
Apr 3, 2016
Sold by
Sabine Stable Llc
Bought by
Allen James Patrick and Jackson Zana Louise

Purchase Details

Closed on
Nov 18, 2014
Sold by
Greeley Winifred
Bought by
Sabine Stable Llc

Purchase Details

Closed on
Jun 18, 2014
Sold by
Greeley Winifred
Bought by
Greeley Joseph B

Purchase Details

Closed on
Dec 8, 2006
Sold by
Greeley Joseph B and Greeley Winifred
Bought by
Greeley Joseph B and Greeley Winifred
Source: Public Records

Range of Values:

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Average Value
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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
Thoroughbred Endeavors Llc $2,200,000 Advantage Title Llc
La Hacienda Stables And Ranch Llc $1,500,000 Attorney
Allen James Patrick $1,000,000 Attorney
Sabine Stable Llc -- Attorney
Greeley Joseph B -- Attorney
Greeley Joseph B -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $2,200,000 -6.4% $1,054 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $2,350,000 -- $1,126 / Sq Ft
Source: Stellar 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 $13,205 $774,362 -- --
2023 $12,081 $706,447 $0 $0
2022 $26,763 $1,591,676 $1,037,669 $554,007
2021 $9,698 $519,613 $39,748 $479,865
2020 $9,660 $513,257 $39,212 $474,045
2019 $9,646 $506,940 $38,676 $468,264
2018 $8,560 $469,249 $37,169 $432,080
2017 $8,482 $462,979 $37,017 $425,962
2016 $8,665 $460,923 $0 $0
2015 $8,609 $450,419 $0 $0
2014 $7,624 $412,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM611899

Stellar MLS

APN: 01661-000-00