NOT LISTED FOR SALE

11769 E State Road 250 Crothersville, IN 47229

Estimated Value: $890,682

8.32 Acres
$107,053 Price per Acre
362,419 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $850,000

Est. 5% increase in value since last sale

Current estimated payment $5,817/month

350 Days on Market

About This Lot

As of February 2024

8.32 Acres for sale at I-65 (Exit 41) and Highway 250 in Jackson County, Indiana. Zoned GB (General Business), prime location for fuel station, truck stop, convivence store, QSR Development and more. 3,200 sq ft building with city water and electric at the property, soon to have city sewer. Property includes 90' high (20' x 15') electric sign with great highway visibility.

Last Agent to Sell the Property

Craig Dohman

Century 21 Scheetz - Bloomington Brokerage Phone: 812-606-0136 Listed on: 01/13/2023

Century 21 Scheetz - Bloomington

Co-Listed By

Wanqing (Megan) Dohman

Century 21 Scheetz - Bloomington Brokerage Phone: 812-606-0136

Last Buyer's Agent

Craig Dohman

Century 21 Scheetz - Bloomington Brokerage Phone: 812-606-0136 Listed on: 01/13/2023

Century 21 Scheetz - Bloomington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,548

Lot Details

  • 8.32 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Additional Features

  • Agricultural
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 36-56-26-400-070.000-015

Property Details

Property Type

Land

Est. Annual Taxes

$5,548

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: PT SE 26-5-6 3.92A PT E1/2 SE 26-5-6 4.4A
  • Parcel Number ID: 36-56-26-400-070.000-015
  • Platted: Yes
  • Parcel Id2: 36-56-26-400-066.001-01
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 85
  • Parcel Description: Irregular
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Commercial
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

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

Schools

  • School District: Crothersville Community Schools
  • Elementary School: Crothersville
  • Middle School: Crothersville
  • High School: Crothersville Sr
  • Elementary School: Crothersville

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 362419
  • Estimated Lot Size Acres: 8.32

Tax Info

  • Annual Taxes: 5548

MLS Schools

  • High School: Crothersville Sr
  • Middle School: Crothersville
  • School District: Crothersville Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 15, 2024
Sold by
Adams Marlin D and Nehrt Andre N
Bought by
Mbs Investments Inc
Seller's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
Buyer's Agent
Craig Dohman
Century 21 Scheetz - Bloomington
List Price
$1,000,000
Sold Price
$850,000
Premium/Discount to List
-$150,000
-15%
Views
115
Current Estimated Value
$890,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,682

Purchase Details

Closed on
Jun 28, 2013
Sold by
Mers Llc
Bought by
Adams Marlin D and Nehrt Andrew N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mbs Investments Inc $850,000 None Listed On Document
Adams Marlin D $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Marlin D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $850,000 -15.0% --
02/15/2024 02/15/24 For Sale $1,000,000 +17.6% --
02/01/2024 02/01/24 Off Market $850,000 -- --
01/13/2023 01/13/23 For Sale $1,000,000 -- --
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 $11,680 $304,600 $117,600 $187,000
2023 $6,205 $322,900 $117,600 $205,300
2022 $5,278 $320,800 $117,600 $203,200
2021 $5,456 $303,900 $117,600 $186,300
2020 $5,778 $319,700 $117,600 $202,100
2019 $5,297 $319,700 $117,600 $202,100
2018 $5,681 $319,700 $117,600 $202,100
2017 $5,553 $331,300 $117,600 $213,700
2016 $5,400 $331,300 $117,600 $213,700
2014 $5,615 $364,600 $117,600 $247,000
2013 $5,615 $360,100 $117,600 $242,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202301150

Indiana Regional MLS

APN: 36-56-26-400-070.000-015