NOT LISTED FOR SALE

1130 W County Road 500 S North Vernon, IN 47265

Estimated Value: $58,139 - $202,000

0.7 Acre
$182,550 Price per Acre
30,492 Sq Ft Lot

Last Sold November 18, 2021

Last sale price $10,000 $3 Per Sq Ft

Est. 1,178% increase in value since last sale

Current estimated payment $713/month

23 Days on Market

About This Lot

As of November 2021

Located in Lovett Township is this .70 acre property. The land has both municipal water and a good well on site along with electric being connected. The old Railroad Station building that was built in the mid 1800’s has no value and needs to be torn down. This unique property is also zoned part commercial and part agricultural.

Last Agent to Sell the Property

Leon Marion

Coldwell Banker Martin Miller License #RB14033757 Listed on: 10/05/2021

Last Buyer's Agent

Beth Terry

Coldwell Banker Martin Miller

Coldwell Banker Martin Miller

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $316

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$316

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: SeeRemarks
  • Property Sub Type: Commercial Land
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Directions: From North Vernon take Hwy 3 S, turn right on 500 S, property apx. 1/2 mile on the right
  • New Construction: No
  • Road Frontage Type: County Road, FrontageRd
  • Road Surface Type: Asphalt
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: CountyRd,Frontage Road
  • Water: Municipal Water on Site,Well on Site
  • Disclosures: Not Applicable
  • Other Structures: NoValue
  • Topography: Wooded

Utilities

  • Solid Waste: 0
  • Sewer: Septic Needed

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Number: N/A
  • Lot Size: 30,500
  • Improvements: Paved Streets
  • Land Characteristics: Irregular Lot,Rural In Subdivsion,Wooded,See Remarks
  • Potential Zoning: Agricultur,Commercial,Single Family
  • Present Zoning: Agricultur,Commercial
  • Price Acre: 22857
  • Divisible: 0
  • Development Status: Not Applicable
  • Number Of Lots: 1
  • Zoning: Commercial/Agricultural

Tax Info

  • Semi Annual Property Tax Amt: 158
  • Tax Exemption: None
  • Tax Annual Amount: 316
  • Tax Year: 2020

MLS Schools

  • School District: Jennings County Schools
  • Schools: Graham Creek Elementary,Jennings County High,Jennings County Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Chasteen Marshall David
Bought by
Kimsey Smantha L
Current Estimated Value
$127,785

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 18, 2021
Sold by
Gosnell Frank Lloyd
Bought by
Chasteen David
Seller's Agent
Leon Marion
Coldwell Banker Martin Miller
Buyer's Agent
Beth Terry
Coldwell Banker Martin Miller
List Price
$16,000
Sold Price
$10,000
Premium/Discount to List
-$6,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.21%

Purchase Details

Closed on
May 21, 2010
Sold by
Gough John
Bought by
Gonsell Frank L and Gonsell Theresa J
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
Kimsey Smantha L $60,000 Royal Title Services, Inc.
Chasteen David $10,000 North Vernon Abstract Company
Gonsell Frank L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $10,000 -37.5% $3 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $16,000 -- $5 / Sq Ft
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 $194 $11,100 $9,600 $1,500
2023 $212 $12,100 $9,600 $2,500
2022 $299 $17,000 $9,600 $7,400
2021 $317 $16,300 $9,600 $6,700
2020 $316 $16,400 $9,700 $6,700
2019 $312 $16,400 $9,700 $6,700
2018 $300 $16,400 $9,700 $6,700
2017 $295 $16,400 $9,700 $6,700
2016 $681 $38,900 $9,700 $29,200
2014 $762 $44,100 $9,700 $34,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Leon Marion

    Coldwell Banker Martin Miller

    Section Image

  • B

    Buyer's Agent in 2021

    Beth Terry

    Coldwell Banker Martin Miller

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817383

MIBOR Broker Listing Cooperative®

APN: 40-12-33-440-010.000-007

Indiana Jennings County North Vernon 47265

1130 W County Road 500 S, North Vernon, IN

This home is located at 1130 W County Road 500 S, North Vernon, IN 47265 since 05 October 2021 and is currently estimated at $127,785, approximately $38 per square foot. 1130 W County Road 500 S is a home located in Jennings County with nearby schools including Graham Creek Elementary School, Jennings County Middle School, and Jennings County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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