NOT LISTED FOR SALE

Estimated Value: $649,000 - $1,140,000

1.02 Acres
$925,132 Price per Acre
44,301 Sq Ft Lot

Last Sold May 01, 2019

Last sale price $160,000

Est. 488% increase in value since last sale

Current estimated payment $5,701/month

531 Days on Market

About This Lot

As of May 2019

This project has captured the imagination of future homeowners who love the location and the fact that all home sites are at least an acre in size. This means that this 27 acre project has only 17 exclusive home sites! The community is graced with a 2.5 acre, landscaped entrance with masonry pillars, a custom bridge crossing a creek and an outdoor gathering place overlooking the creek for the enjoyment of residents. The privacy and safety that the single entrance/exit provides is an extremely popular amenity.

Last Agent to Sell the Property

Kimberly Ward

North Eastern Group Realty Listed on: 02/21/2017

North Eastern Group Realty

Last Buyer's Agent

Kimberly Ward

North Eastern Group Realty Listed on: 02/21/2017

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,357

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 213x208
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Heating System Uses Gas
  • Water Tap or Transfer Fee

Property Details

Property Type

Land

Est. Annual Taxes

$7,357

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 12, The Estates on Homestead Section I |
  • Cross Street: Homestead Road
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: I
  • Sp Lp Percent: 86.07
  • Parcel Description: Cul-De-Sac, Level, Partially Wooded
  • Restrictions: Restrictions, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 1200
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Aboite
  • Middle School: Summit
  • High School: Homestead

Lot Info

  • Lot Dimensions: 213x208
  • Estimated Lot Sq Ft: 44304
  • Estimated Lot Size Acres: 1.017
  • Lot Number: 12
  • Zoning: R1 One Family Residence
  • Easements: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Preston Allen Homes Llc
Bought by
Veerkamp Patrick Michael and Veerkamp Jade Nicole
Current Estimated Value
$940,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Outstanding Balance
$725,629
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$215,230

Purchase Details

Closed on
Oct 15, 2020
Sold by
Martin Craig D and Martin Connie M
Bought by
Preston Allen Homes Llc
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
Veerkamp Patrick Michael -- None Listed On Document
Preston Allen Homes Llc -- Metropolitan Title
Martin Craig D -- Metropolitan Title Of Indian
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veerkamp Patrick Michael $798,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $160,000 -13.9% --
08/06/2018 08/06/18 Pending -- -- --
02/21/2017 02/21/17 For Sale $185,900 -- --
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 $7,357 $857,100 $170,000 $687,100
2022 $6,360 $778,100 $170,000 $608,100
2021 $1,070 $170,000 $170,000 $0
2020 $96 $3,100 $3,100 $0
2019 $98 $3,100 $3,100 $0
2018 $98 $3,100 $3,100 $0
2017 $51 $3,100 $3,100 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201706833

Indiana Regional MLS

APN: 02-11-16-278-002.000-038