$1,350,000
SOLD SEP 20, 2024
106 Acres
$12,785 Price per Acre
4,599,500 Sq Ft Lot

Recently Sold

$991 Per Sq Ft

14% Below List Price

19 Days on Market

Highlights

  • 105.59 Acre Lot
  • No HOA
  • 1-Story Property
  • Deck
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Lot

As of September 2024

Calling all investors! Located just West of DeMotte in a prime spot surrounded by developments is where you'll find this 105+ acre farm. The property offers 3 different sections of paved road frontage with county road 1170 N Stubbed up to it on the West side. There are approximately 88 tillable acres offering you potential rent income. This land is currently being farmed & is subject to the 2024 crop rights. The property is comprised of a great mix of tillable , wooded land and offers several ditches for drainage. BONUS.... there is a 2 bedroom, 2 bath ranch style home on a full basement. This could be used for extra rental income as well! DeMotte is growing and properties like this do not come available often, check this one out and expand your investment portfolio!

Last Agent to Sell the Property

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 05/31/2024

Countryside Realty

Last Buyer's Agent

Dan Walstra

Countryside Realty License #RB14027366 Listed on: 05/31/2024

Countryside Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1994

Lot Details

  • 105.59 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Basement

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0070012200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Covered patio or porch

Property Details

Property Type

Land

Est. Annual Taxes

$3,370

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Year Built: 1994
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA844
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 1362
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Habitable Residence: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Appliances: Dishwasher, Water Softener Rented, Refrigerator, Range Hood, Free-Standing Gas Range
  • Basement: Block, Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 105.59
  • Construction Type: Block, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Patio, Front Porch, Deck

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Kankakee Valley

Lot Info

  • Development Status: Raw Land
  • Lot Dimensions: See Attached Survey
  • Lot Size Sq Ft: 4599500.4
  • Crops Included: No
  • Cultivated Acreage: 88
  • Additional Parcels: No
  • Parcel #: 0070012200

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3370.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Sep 20, 2024
Sold by
Belstra Rita M
Bought by
Mikota Holdings Llc
Seller's Agent
Dan Walstra
Countryside Realty
Buyer's Agent
Dan Walstra
Countryside Realty
List Price
$1,575,000
Sold Price
$1,350,000
Premium/Discount to List
-$225,000
-14.29%
Total Days on Market
19
Views
3
Current Estimated Value
$1,105,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,740
Avg. Annual Appreciation
-33.04%
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 Type Sale Price Title Company
Personal Reps Deed $1,350,000 State Street Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,350,000 0.0% $991 / Sq Ft
09/20/2024 09/20/24 Sold $1,350,000 -14.3% $991 / Sq Ft
06/01/2024 06/01/24 For Sale $1,575,000 0.0% $1,156 / Sq Ft
06/01/2024 06/01/24 For Sale $1,575,000 -- $1,156 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $3,849 $355,100 $166,200 $188,900
2023 $2,857 $309,300 $137,700 $171,600
2022 $2,200 $263,400 $114,000 $149,400
2021 $2,063 $235,400 $99,600 $135,800
2020 $2,123 $227,000 $99,000 $128,000
2019 $2,251 $241,100 $115,500 $125,600
2018 $1,913 $238,200 $118,500 $119,700
2017 $1,987 $253,500 $132,600 $120,900
2016 $2,016 $261,300 $139,100 $122,200
2014 $1,617 $266,100 $144,400 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804663

Northwest Indiana Association of REALTORS®

APN: 37-15-33-000-032.000-024