NOT LISTED FOR SALE

11431 Grants Ridge Dr Unit 2 Evansville, IN 47712

Estimated Value: $400,000 - $427,000

1.12 Acres
$364,664 Price per Acre
48,787 Sq Ft Lot

Last Sold October 11, 2018

Last sale price $30,500

Est. 1,239% increase in value since last sale

Current estimated payment $2,483/month

175 Days on Market

About This Lot

As of October 2018

Minimum sq ft for 1 story is 1500, 1.5 story 1550 must have a minimum of 850 sq ft on main level, 2 story is 1600 with a minimum of 800 per level. All driveways to garages to be concrete or asphalt. Location of house and detached buildings to be approved by developer. House plans and exterior of homes to be approved by developer.Seller has Indiana real estate license

Last Agent to Sell the Property

Jerry Nord

RE/MAX REVOLUTION Listed on: 02/08/2018

RE/MAX REVOLUTION

Last Buyer's Agent

Carson Lowry

RE/MAX REVOLUTION

RE/MAX REVOLUTION

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,145

Lot Details

  • 1.12 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Marrs Elementary School
  • Mount Vernon Middle School
  • Mount Vernon High School

Utilities

  • Heating System Uses Gas
  • Septic System

Community Details

  • West Franklin Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 65-14-12-201-003.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$3,145

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 2 West Franklin Ridge Sub |
  • Parcel Number ID: 65-14-12-201-003.000-019
  • Platted: Yes
  • Road Access: County
  • Road Surface: Concrete
  • Sp Lp Percent: 96.83
  • Parcel Description: Partially Wooded
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: Private

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Schools

  • School District: MSD of Mount Vernon
  • Elementary School: Marrs
  • Middle School: Mount Vernon
  • High School: Mount Vernon
  • Elementary School: Marrs

Lot Info

  • Lot Dimensions: 1.12
  • Estimated Lot Sq Ft: 48787
  • Estimated Lot Size Acres: 1.12
  • Lot Number: 2
  • Easements: Yes

Tax Info

  • Annual Taxes: 34.54

MLS Schools

  • High School: Mount Vernon
  • Middle School: Mount Vernon
  • School District: MSD of Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Lloyd Brent R
Bought by
Rainey George and Rainey Jayme
Current Estimated Value
$408,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,900
Outstanding Balance
$233,375
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$175,670

Purchase Details

Listed on
Feb 8, 2018
Closed on
Oct 11, 2018
Sold by
Nord Enterprises Inc
Bought by
Lloyd Brent R
Seller's Agent
Jerry Nord
RE/MAX REVOLUTION
Buyer's Agent
Carson Lowry
RE/MAX REVOLUTION
List Price
$31,500
Sold Price
$30,500
Premium/Discount to List
-$1,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.68%
Original Mortgage
$207,000
Interest Rate
4.5%
Mortgage Type
Commercial
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
Rainey George $334,900 None Available
Lloyd Brent R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey George $83,465
Open Rainey George $254,900
Previous Owner Lloyd Brent R $40,000
Previous Owner Lloyd Brent R $189,200
Previous Owner Lloyd Brent R $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $30,500 -3.2% --
08/02/2018 08/02/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $31,500 -- --
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 $3,145 $362,100 $36,200 $325,900
2023 $2,450 $298,600 $33,500 $265,100
2022 $2,512 $295,800 $32,700 $263,100
2021 $2,044 $244,400 $32,700 $211,700
2020 $2,002 $236,900 $32,100 $204,800
2019 $119 $24,800 $24,800 $0
2018 $37 $2,200 $2,200 $0
2017 $35 $2,200 $2,200 $0
2016 $33 $2,200 $2,200 $0
2014 $33 $2,300 $2,300 $0
2013 $33 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201804694

Indiana Regional MLS

APN: 65-14-12-201-003.000-019