$115,000
SOLD DEC 4, 2015

11606 Border Ridge Spencerville, IN 46788

0.98 Acre
$117,347 Price per Acre
42,689 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

9% Below List Price

215 Days on Market

Highlights

  • Garage
  • Private Streets
  • Home to be built
  • Cedarville Elementary School Rated A-

About This Lot

As of January 2017

Wooded, cul-de-sac lot in rural setting offers a lot of privacy. Daylite windows, city water/sewer, convenient location. Ten miles to I-69/Parkview, 11 miles to the 37 interchange and 13 miles to the Auburn interchange. Lot is open to all builders.

Last Agent to Sell the Property

Jerry Hakes

North Eastern Group Realty Listed on: 04/06/2015

North Eastern Group Realty

Last Buyer's Agent

Amber Moss

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,398

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 56 x 190 x 208 x 124 x 252
  • Property fronts a county road
  • Private Streets
  • Rural Setting
  • Finished Lot(s)

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Home to be built
  • Planned Development

Parking

  • Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Heating System Uses Gas
  • Water Tap or Transfer Fee

Community Details

  • Honeysuckle Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 02-03-11-101-011.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$8,398

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot #27 Section I Honeysuckle. |
  • Parcel Number ID: 02-03-11-101-011.000-042
  • Platted: Yes
  • Location: Near Walking Trail, Rural, Subdivision
  • Planned Unit Dev: Yes
  • Road Access: Private
  • Road Surface: Asphalt
  • Section Number: I
  • Sp Lp Percent: 91.34
  • Parcel Description: Cul-De-Sac, Heavily Wooded, Irregular, Slope, Rolling, Planned Unit Development, Cable Available
  • Restrictions: Building Restrictions, Covenants, Easements, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Options: Will Build to Suit
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Residential
  • Year Taxes Payable: 2015
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Garage, Off Street, Paved, Street

Utilities

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

Condo/Co-op/Association

  • Association Fees: 1000
  • Association Fees Frequency: Annually

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Leo

Lot Info

  • Lot Dimensions: 56 x 190 x 208 x 124 x 252
  • Estimated Lot Sq Ft: 42689
  • Estimated Lot Size Acres: 0.98
  • Lot Number: 27
  • Easements: Yes
  • Improvements: Storm Sewers, Underground Service

Tax Info

  • Annual Taxes: 41.24

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2016
Sold by
Kennedy Jeffrey T and Kennedy Jennifer L
Bought by
Kennedy Jeffrey T and Kennedy Jennifer L
Current Estimated Value
$1,010,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$328,797
Interest Rate
3.12%
Mortgage Type
Construction
Estimated Equity
$696,282

Purchase Details

Listed on
Apr 6, 2015
Closed on
Dec 4, 2015
Sold by
Ulmschneider Mark D
Bought by
Kennedy Jeffery T and Kennedy Jennifer L
Seller's Agent
Jerry Hakes
North Eastern Group Realty
Buyer's Agent
Amber Moss
Mike Thomas Assoc., Inc
List Price
$125,900
Sold Price
$115,000
Premium/Discount to List
-$10,900
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.92%

Purchase Details

Closed on
Aug 6, 2010
Sold by
Tower Bank & Trust Company
Bought by
Ulmschneider Mark D

Purchase Details

Closed on
Apr 1, 2010
Sold by
Stauffer Development Llc and Stauffer Chris
Bought by
Tower Bank & Trust Company
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Metropolitan Title Of In
Warranty Deed -- Titan Title Services Llc
Limited Warranty Deed -- None Available
Sheriffs Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $562,300 0.0% $121 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $562,300 +389.0% $121 / Sq Ft
12/04/2015 12/04/15 Sold $115,000 -8.7% $22 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $125,900 -- $24 / 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 $8,398 $996,500 $90,000 $906,500
2023 $8,398 $896,400 $90,000 $806,400
2022 $7,852 $844,300 $90,000 $754,300
2021 $7,786 $786,300 $90,000 $696,300
2020 $7,658 $760,200 $90,000 $670,200
2019 $6,346 $707,900 $82,000 $625,900
2018 $6,363 $677,400 $82,000 $595,400
2017 $6,622 $674,100 $82,000 $592,100
2016 $1,312 $82,000 $82,000 $0
2014 $41 $2,500 $2,500 $0
2013 $42 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201513717

Indiana Regional MLS

APN: 02-03-11-101-011.000-042