NOT LISTED FOR SALE

11720 Distant Hills Unit 24 Spencerville, IN 46788

Estimated Value: $788,000 - $849,000

1.16 Acres
$703,894 Price per Acre
50,530 Sq Ft Lot

Last Sold July 09, 2018

Last sale price $100,000

Est. 717% increase in value since last sale

Current estimated payment $4,851/month

1,163 Days on Market

Highlights

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

About This Lot

As of July 2018

Private, rural setting, yet conveniently located. Ten miles to I-69/Parkview, 11 miles to the 37 interchange and 13 miles to the Auburn exchange. Lot is over one acre has water views and will allow for walkout basement. City water and sewer. 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

Jerry Hakes

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

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,023

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 227 x 224 x 184 x 256
  • Property fronts a county road
  • Private Streets
  • Rural Setting
  • Finished Lot(s)

HOA Fees

  • $33 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 02-03-11-102-001.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$6,023

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot #24 Section 1 Honeysuckle |
  • Parcel Number ID: 02-03-11-102-001.000-042
  • Platted: Yes
  • Location: Near Walking Trail, Rural, Subdivision
  • Planned Unit Dev: Yes
  • Road Access: Private
  • Road Surface: Asphalt
  • Section Number: I
  • Sp Lp Percent: 94.43
  • Parcel Description: Irregular, Slope, Waterfront, Rolling, Planned Unit Development, Cable Available, Water View
  • Restrictions: Building Restrictions, Covenants, Easements, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Options: Will Build to Suit
  • Platted Development: Yes
  • Side Of Road: North
  • 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: 400
  • 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: 227 x 224 x 184 x 256
  • Estimated Lot Sq Ft: 50530
  • Estimated Lot Size Acres: 1.16
  • Lot Number: 24
  • 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

Listed on
Apr 6, 2015
Closed on
Jul 13, 2018
Sold by
Mark D Ulmschneider
Bought by
Hicks Barry and Hicks Natalie
Seller's Agent
Jerry Hakes
North Eastern Group Realty
Buyer's Agent
Jerry Hakes
North Eastern Group Realty
List Price
$105,900
Sold Price
$100,000
Premium/Discount to List
-$5,900
-5.57%
Current Estimated Value
$816,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,517
Avg. Annual Appreciation
33.33%
Original Mortgage
$101,605
Outstanding Balance
$88,115
Interest Rate
4.53%
Estimated Equity
$728,402

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jul 9, 2018
Sold by
Mark
Bought by
Barry Hicks
Seller's Agent
Jerry Hakes
North Eastern Group Realty
Buyer's Agent
Jerry Hakes
North Eastern Group Realty
List Price
$105,900
Sold Price
$100,000
Premium/Discount to List
-$5,900
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,605
Outstanding Balance
$88,115
Interest Rate
4.53%
Estimated Equity
$728,402

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
Bought by
Tower Bank & Trust Company
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 Buyer Sale Price Title Company
Hicks Barry -- --
Barry Hicks $100,000 --
Ulmschneider Mark D -- None Available
Tower Bank & Trust Company $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Barry $101,605
Closed Hicks Barry --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $100,000 -5.6% --
06/12/2018 06/12/18 Pending -- -- --
04/06/2015 04/06/15 For Sale $105,900 -- --
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 $6,023 $793,900 $92,900 $701,000
2023 $6,023 $703,700 $92,900 $610,800
2022 $5,581 $655,800 $92,900 $562,900
2021 $4,859 $539,400 $92,900 $446,500
2020 $3,491 $393,800 $92,900 $300,900
2019 $1,276 $84,400 $84,400 $0
2018 $40 $2,500 $2,500 $0
2017 $41 $2,500 $2,500 $0
2016 $42 $2,500 $2,500 $0
2014 $41 $2,500 $2,500 $0
2013 $42 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jerry Hakes

    North Eastern Group Realty

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Map

Source: Indiana Regional MLS

MLS Number: 201513714

Indiana Regional MLS

APN: 02-03-11-102-001.000-042

Indiana Allen County Spencerville 46788

11720 Distant Hills Unit 24, Spencerville, IN

This home is located at 11720 Distant Hills Unit 24, Spencerville, IN 46788 since 06 April 2015 and is currently estimated at $816,517. 11720 Distant Hills Unit 24 is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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