NOT LISTED FOR SALE

Estimated Value: $309,000 - $348,882

8.7 Acres
$37,985 Price per Acre
378,972 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $305,000 $193 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,240/month

20 Days on Market

Highlights

  • Barn
  • 8.7 Acre Lot
  • Garage
  • Horizon Elementary School Rated A
  • Shed

About This Lot

As of August 2023

Are you looking for acreage, well here it is. 8.7 acres in the PHM school district just waiting for you to build your dream home on. What a perfect setting. No trees to clear. Property has 2 barns and a large shed. Want to raise chickens or farm animals there is plenty of room.What a great place to store all your toys and lawn equipment no need to have to put it in your garage. There is a home on the property but it has just little value and most likely would be a tear down, you decide. This property is so close to shopping and restaurants and the schools. No interior photos per Seller. Come out and take a look there are many possibilities!

Last Agent to Sell the Property

Karen Seiler

Howard Hanna SB Real Estate Listed on: 05/25/2023

Howard Hanna SB Real Estate

Last Buyer's Agent

Karen Seiler

Howard Hanna SB Real Estate Listed on: 05/25/2023

Howard Hanna SB Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,129

Lot Details

  • 8.7 Acre Lot
  • Lot Dimensions are 464x840
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Parking

  • Garage
  • Driveway

Schools

  • Horizon Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

  • Propane
  • Private Water Source
  • Septic System

Additional Features

  • Shed
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 71-05-29-200-001.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$3,129

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 1 8.712 AC WOLFES MINOR SUB NE CORNER NE SEC 20-38-4E
  • Parcel Number ID: 71-05-29-200-001.000-011
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 82.43
  • Parcel Description: Corner, Level
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2021 PAY 2022
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Private
  • Electric Company: AEP/I&M
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Horizon
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Horizon

Lot Info

  • Lot Dimensions: 464X840
  • Estimated Lot Sq Ft: 378972
  • Estimated Lot Size Acres: 8.7
  • Land Features: Barn, Garage, Shed

Tax Info

  • Annual Taxes: 3129.44

MLS Schools

  • High School: Penn
  • Middle School: Discovery
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 23, 2023
Sold by
Edgar W Wolfe Living Trust
Bought by
Indiana Earth Inc
Seller's Agent
Karen Seiler
Howard Hanna SB Real Estate
Buyer's Agent
Karen Seiler
Howard Hanna SB Real Estate
List Price
$390,000
Sold Price
$305,000
Premium/Discount to List
-$85,000
-21.79%
Views
151
Current Estimated Value
$330,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,471
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Jun 16, 2023
Sold by
Edgar W Wolfe Living Trust
Bought by
St Joseph County Board Of Commissioners

Purchase Details

Closed on
Feb 7, 2023
Sold by
Wolfe Edgar W
Bought by
Edgar W Wolfe Living Trust

Purchase Details

Closed on
Dec 7, 2022
Sold by
Wolfe Edgar W
Bought by
Edgar W Wolfe Living Trust

Purchase Details

Closed on
Feb 25, 2019
Sold by
Wolfe Edgar W
Bought by
Wolfe Michael R
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
Indiana Earth Inc $305,000 Metropolitan Title
St Joseph County Board Of Commissioners $12,300 None Listed On Document
Edgar W Wolfe Living Trust -- --
Edgar W Wolfe Living Trust -- --
Wolfe Michael R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Edgar W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $305,000 -17.6% $193 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $370,000 -5.1% $235 / Sq Ft
05/25/2023 05/25/23 For Sale $390,000 -- $247 / Sq Ft
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 $5,270 $299,300 $109,300 $190,000
2023 $3,402 $295,100 $109,300 $185,800
2022 $3,402 $295,100 $109,300 $185,800
2021 $3,393 $269,100 $103,700 $165,400
2020 $3,129 $254,100 $96,700 $157,400
2019 $1,911 $168,200 $64,000 $104,200
2018 $1,896 $168,200 $64,000 $104,200
2017 $1,937 $166,500 $64,000 $102,500
2016 $1,956 $167,600 $64,000 $103,600
2014 $1,963 $165,100 $64,000 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202317268

Indiana Regional MLS

APN: 71-05-29-200-001.000-011