$402,550
SOLD OCT 8, 2024
0.38 Acre
$1,059,342 Price per Acre
16,553 Sq Ft Lot

Recently Sold

3% Below List Price

76 Days on Market

Highlights

  • Water Views
  • Water Access
  • Reservoir Front
  • Geist Elementary School Rated A

About This Lot

As of October 2024

WALKOUT LOT in CANAL PLACE. Discover the perfect setting for your waterfront dream home on this exceptional lot, complete with a dock and newly installed steel seawall by Deatons Docks. Situated in prestigious Canal Place, the .38-acre parcel boasts 99 feet of frontage along the canal with direct access to Geist and a wooded tree line backdrop. Designed for luxurious living, the sloped lot presents an ideal canvas for crafting your ideal retreat with basement ceiling height 10'-12' due to the grade. Imagine the possibilities as you envision a pool gracefully integrated into the landscape, offering a seamless transition from indoor to outdoor living. Peaceful sanctuary away from the hustle and bustle while minutes from Geist Waterfront Park, Nickel Plate District, countless restaurants and upscale retail. Within the highly sought-after HSE School District, there are endless opportunities for relaxation and recreation. Don't miss this rare opportunity to secure your slice of paradise in one of Geist's most desirable communities. Lot is cleared and ready to go! Bring your builder and live the waterfront lifestyle you've always dreamed of. Seller willing to consider buyer agent concessions.

Last Agent to Sell the Property

Catherine Fese

F.C. Tucker Company Brokerage Email: katie.fese@talktotucker.com License #RB17001233 Listed on: 06/07/2024

F.C. Tucker Company

Last Buyer's Agent

Noelle Aasen

Real Broker, LLC

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,568

Lot Details

  • 0.38 Acre Lot
  • Reservoir Front
  • Irregular Lot

HOA Fees

  • $79 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 291501016016000020
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include parkplayground, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Canal Place Subdivision
  • Property managed by Canal Place POA - Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Water Access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$5,568

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 0.38
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Canal Place
  • Transaction Type: Sale
  • Website: https://www.talktotucker.com/katie.fese
  • Website: https://marinalimitedland.com/
  • MBR_AttributionContact: katie.fese@talktotucker.com
  • Attribution Contact: katie.fese@talktotucker.com
  • Special Features: None

Exterior Features

  • List Price: 415000
  • Other Structures: Not Applicable
  • Topography: Cleared,Sloping
  • View: Water
  • View Y N: Yes
  • Waterfront Features: On Reservoir, Seawall, Water Access, Waterfront
  • Waterfront: Yes
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Boating, Playground
  • Association Fee: 475
  • Association Fee Frequency: Semi-Annually
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Canal Place POA - Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, ParkPlayground, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 16553
  • Number Of Lots: 1
  • Parcel Number: 291501016016000020
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Dock Owned,Irregular Lot,Lake Front,Reservoir,Water Acces,Water View,Wooded
  • Present Zoning: Single Family
  • Price Acre: 1059342
  • Soil Type: Not Applic
  • Divisible: No
  • Tillable Acres: 0
  • Wooded Acres: 0

Tax Info

  • Tax Annual Amount: 5568
  • Tax Lot: 97
  • Semi Annual Property Tax Amt: 2784
  • Tax Exemption: Homestead Tax Exemption Filed Not Reflected

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 8, 2024
Sold by
Jones David Allen and Cardini Stephanie Marie
Bought by
Barnes Neal W and Barnes Noelle A
Seller's Agent
Catherine Fese
F.C. Tucker Company
Buyer's Agent
Noelle Aasen
Real Broker, LLC
List Price
$415,000
Sold Price
$402,550
Premium/Discount to List
-$12,450
-3%
Views
27
Current Estimated Value
$407,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,257
Avg. Annual Appreciation
2.56%
Original Mortgage
$261,657
Outstanding Balance
$257,230
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$153,656

Purchase Details

Listed on
Jul 25, 2023
Closed on
Jan 9, 2024
Sold by
Eagle Investments Inc
Bought by
Jones David Allen and Cardini Stephanie Marie
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Chris Schulhof
RE/MAX Realty Services
List Price
$475,000
Sold Price
$380,000
Premium/Discount to List
-$95,000
-20%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 24, 2020
Sold by
The Marina Lp
Bought by
Norman James B
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 Type Sale Price Title Company
Warranty Deed $402,550 None Listed On Document
Warranty Deed $380,000 Chicago Title
Warranty Deed -- Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,657 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $402,550 -3.0% --
08/23/2024 08/23/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $415,000 +9.2% --
01/08/2024 01/08/24 Sold $380,000 -4.8% --
12/22/2023 12/22/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $399,000 -6.1% --
09/27/2023 09/27/23 Price Changed $425,000 -5.6% --
09/22/2023 09/22/23 Price Changed $450,000 -5.3% --
07/25/2023 07/25/23 For Sale $475,000 -20.8% --
05/12/2022 05/12/22 For Sale $600,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $5,567 $256,900 $256,900 --
2023 $5,567 $256,900 $256,900 $0
2022 $4,717 $209,700 $209,700 $0
2021 $4,839 $209,700 $209,700 $0
2020 $74 $600 $600 $0
2019 $14 $600 $600 $0
2018 $14 $600 $600 $0
2017 $14 $600 $600 $0
2016 $14 $600 $600 $0
2014 $13 $600 $600 $0
2013 $13 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21980084

MIBOR Broker Listing Cooperative®

APN: 29-15-01-016-016.000-020