NOT LISTED FOR SALE

11676 Jefferson Rd Osceola, IN 46561

Estimated Value: $222,000 - $237,000

0.71 Acre
$323,811 Price per Acre
30,928 Sq Ft Lot

Last Sold November 01, 2023

Last sale price $220,000 $172 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,401/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 89 Feet of Waterfront
  • Shed
  • Bittersweet Elementary School Rated A
  • Barn
  • The river is a source of water for the property

About This Lot

As of November 2023

This is not your average river lot! Complete with an adorable guest cottage, large outbuilding, shed, and boat house, all on .71 acres with a high bank that slopes to the river. Thanks to the irrigation system, the lawn is soft and green with tons of flowers. You have plenty of time to host bonfires at the firepit surrounded by pavers that you will find in the patio area. This must be seen to appreciate the potential.

Last Listed By

Elisabeth Arvoy

Cressy & Everett- Elkhart Brokerage Phone: 574-538-1269 Listed on: 09/08/2023

Cressy & Everett- Elkhart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Year Built

  • 1910

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 309x102x301x13x21x55
  • 89 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Irrigation
  • Finished Lot(s)

Parking

  • Private Parking
  • Paved Parking
  • Off-Street Parking

Schools

  • Bittersweet Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Heating System Uses Gas
  • The river is a source of water for the property
  • Well
  • Septic System

Additional Features

  • City Lot
  • Barn

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 71-10-08-176-004.000-031

Community Details

Overview

  • The community has rules related to building or community restrictions, zoning restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Seawall
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Year Built

1910

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 10 Herman Hts. In E 1/2 Nw Sec.8-37-4E
  • Parcel Number ID: 71-10-08-176-004.000-031
  • Platted: Yes
  • Location: City
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: Slope, Waterfront, 0-2.9999, Water View, Waterfront-High Bank
  • Restrictions: Building Restrictions, Easements, Zoning Restrictions
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: South
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2024
  • Special Features: None
  • Year Built: 1910

Exterior Features

  • Sea Wall Type: Concrete
  • Water Features: Deeded
  • Water Frontage: 89
  • Water Name: Saint Joseph River
  • Road Frontage: County

Garage/Parking

  • Parking: Off Street, Paved, Private

Utilities

  • Water Utilities: Well
  • Water Type: River
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Septic

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Bittersweet
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Bittersweet

Lot Info

  • Lot Dimensions: 309x102x301x13x21x55
  • Estimated Lot Sq Ft: 30928
  • Estimated Lot Size Acres: 0.71
  • Improvements: Irrigation
  • Land Features: Barn, Shed

Tax Info

  • Annual Taxes: 1200
  • Exemptions: Homestead

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 7, 2023
Sold by
Skeats Kelvin P
Bought by
Lesho William L and Lesho Leigh Ann
Seller's Agent
Elisabeth Arvoy
Cressy & Everett- Elkhart
Buyer's Agent
Elisabeth Arvoy
Cressy & Everett- Elkhart
List Price
$220,000
Sold Price
$220,000
Total Days on Market
6
Views
32
Current Estimated Value
$229,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,906
Avg. Annual Appreciation
2.98%
Original Mortgage
$165,000
Outstanding Balance
$162,729
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$67,177

Purchase Details

Closed on
May 21, 2008
Sold by
Rems Martha G and Rems Larry W
Bought by
Skeats Kelvin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.93%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Lesho William L -- Near North Title Group
Skeats Kelvin P -- Metropolitian Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesho William L $165,000
Previous Owner Skeats Kelvin P $116,746
Previous Owner Skeats Kelvin P $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $220,000 0.0% $172 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $220,000 -- $172 / 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 $1,454 $164,200 $101,400 $62,800
2023 $1,885 $169,900 $101,400 $68,500
2022 $1,885 $185,800 $101,400 $84,400
2021 $1,187 $118,900 $44,200 $74,700
2020 $1,713 $227,800 $44,200 $183,600
2019 $1,853 $193,400 $37,400 $156,000
2018 $1,651 $183,000 $35,400 $147,600
2017 $1,685 $180,900 $35,400 $145,500
2016 $1,342 $151,500 $29,500 $122,000
2014 $1,524 $158,300 $29,500 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202332707

Indiana Regional MLS

APN: 71-10-08-176-004.000-031