$1,053,662
SOLD MAR 31, 2015

11801 Schlatter Rd Spencerville, IN 46788

80 Acres
$13,171 Price per Acre
3,484,800 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

11% Above List Price

87 Days on Market

Highlights

  • 80 Acre Lot
  • Cedarville Elementary School Rated A-
  • 5 Acres of Pasture

About This Lot

As of March 2017

Land for sale in Cedar Creek Township. This farm is only 1.2 miles from the Leo-Cedarville four way stop. Available are 80 +/- acres, of it 25 acres are wooded with ravines and a creek; approximately 50 acres are tillable the wooded acres back to Honeysuckle Subdivision. Will divide. Just minutes away from Fort Wayne off of the well maintained Indiana State Road 1: enjoy the peacefulness of the country while having quick access to city amenities. House not included (outbuildings to be removed, barn may be upgraded if not removed). Seller will offer restrictions on remaining land if divided. Gas available and a sewer line is just across State Road 1.

Last Agent to Sell the Property

Jason Pence

Coldwell Banker Real Estate Group Listed on: 11/18/2014

Coldwell Banker Real Estate Group

Co-Listed By

Martin Brandenberger

Coldwell Banker Real Estate Group

Last Buyer's Agent

Joyce Swartz

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,016

Lot Details

  • 80 Acre Lot
  • Lot Dimensions are 3000x1160
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Farming

  • 5 Acres of Pasture
  • Agricultural

Utilities

  • Heating System Uses Gas
  • Well Required

Listing and Financial Details

  • Assessor Parcel Number 02-03-11-351-001.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$4,016

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: TBD |
  • Parcel Number ID: 02-03-11-351-001.000-042
  • Platted: Yes
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 110.68
  • Parcel Description: Partially Wooded
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture
  • Year Taxes Payable: 2013
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Fuel Type: Gas

Schools

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

Lot Info

  • Lot Dimensions: 3000x1160
  • Estimated Lot Sq Ft: 3485000
  • Estimated Lot Size Acres: 80
  • Number Pasture Acres: 5
  • Numbertillable Acres: 50
  • Numberwooded Acres: 25

Tax Info

  • Annual Taxes: 4016
  • Total Assessed Value: 321600

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
Apr 8, 2020
Sold by
Stegmann Bruce A
Bought by
Rundquist Matthew
Current Estimated Value
$780,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,300
Outstanding Balance
$395,150
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$357,265

Purchase Details

Closed on
Apr 7, 2020
Sold by
Crawford Gregory A and Crawford Susan O
Bought by
Crawford Christopher and Crawford Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,300
Outstanding Balance
$395,150
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$357,265

Purchase Details

Listed on
Mar 27, 2017
Closed on
Mar 28, 2017
Sold by
Delagrange Kevin Ray and Delagrange Brenda Fay
Bought by
Crawford Gregory A and Crawford Susan O
Seller's Agent
Jason Pence
Coldwell Banker Real Estate Group
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$10,900
Sold Price
$10,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.86%

Purchase Details

Listed on
Nov 18, 2014
Closed on
Mar 31, 2015
Sold by
Delagrange Kavin Ray and Delagrange Brenda Fay
Bought by
Crawford Gregory A and Crawford Susan O
Seller's Agent
Jason Pence
Coldwell Banker Real Estate Group
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$952,000
Sold Price
$1,053,662
Premium/Discount to List
$101,662
10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-89.95%

Purchase Details

Closed on
Jul 23, 2004
Sold by
Delagrange Kevin Ray and Delagrange Brenda Fay
Bought by
Mulherin Jon D and Mulherin Joan S
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
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title
Warranty Deed -- Metropolitan Title Of Indian
Warranty Deed -- Metropolian Title Of In
Warranty Deed -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,300 New Conventional
Previous Owner $155,000 Unknown
Previous Owner $192,800 Commercial
Previous Owner $187,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $10,900 0.0% $3 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $10,900 -99.0% $3 / Sq Ft
03/31/2015 03/31/15 Sold $1,053,662 +10.7% $327 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $952,000 -- $295 / 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 $6,980 $845,200 $124,900 $720,300
2022 $6,108 $692,400 $109,100 $583,300
2021 $5,290 $558,900 $109,100 $449,800
Source: Public Records

Agents Affiliated with this Home

  • Jason Pence

    Seller's Agent in 2017

    Jason Pence

    Coldwell Banker Real Estate Group

    (260) 437-5211

    18 Total Sales

    Jason Pence
    Section Image
  • Joyce Swartz

    Buyer's Agent in 2017

    Joyce Swartz

    Coldwell Banker Real Estate Group

    (260) 438-3835

    47 in this area

    186 Total Sales

    Joyce Swartz
    Section Image
  • Martin Brandenberger

    Seller Co-Listing Agent in 2015

    Martin Brandenberger

    Coldwell Banker Real Estate Group

    (260) 438-4663

    6 in this area

    152 Total Sales

    Martin Brandenberger
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201450343

Indiana Regional MLS

APN: 02-03-11-351-001.002-042

Indiana Allen County Spencerville 46788

11801 Schlatter Rd, Spencerville, IN

This home is located at 11801 Schlatter Rd, Spencerville, IN 46788 and is currently priced at $1,053,662, approximately $327 per square foot. 11801 Schlatter Rd 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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