NOT LISTED FOR SALE

Estimated Value: $1,209,037

120 Acres
$10,075 Price per Acre
5,227,200 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $980,000 $0 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,805/month

417 Days on Market

About This Lot

As of December 2020

PRICE REDUCED Subject property is currently farmed but has longer term potential for residential development. Property is L shaped with 1/4 mile (+/-) of frontage on 117th and 1/2 mile (+/-) of frontage on Gibson. Property also has a pond and some trees and includes a former railroad right of way. Soil maps and productivity reports are attached. This is in the highly desirable area of Winfield and in the path of development. It does not currently have sewer and water to the site but it is expanding toward the property from Winfield.

Last Agent to Sell the Property

Tim Brust

Wille Stiener & Brust, Inc. License #RB14036872 Listed on: 09/26/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1900

Lot Details

  • 120 Acre Lot
  • Land Lease

Home Design

  • 5,227,200 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 451718200007000047

Property Details

Property Type

Land

Est. Annual Taxes

$5,182

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Farm
  • Year Built: 1900
  • Co List Office Mls Id: GNR1232
  • Subdivision Name: N/A
  • GNR_TotalBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 120

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 5227200
  • Parcel #: 451718200007000047

Tax Info

  • Tax Annual Amount: 5182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 16, 2020
Sold by
Moench Richard E and Moench Patricia G
Bought by
Region Holdings Inc
Seller's Agent
Tim Brust
Wille Stiener & Brust, Inc.
List Price
$980,000
Sold Price
$980,000
Current Estimated Value
$1,209,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,037
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Moench Richard E
Bought by
Moench Richard E and Moench Patricia G

Purchase Details

Closed on
Nov 28, 2007
Sold by
Moench Richard E and Moench Revocable Trust
Bought by
Moench Richard E
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 Buyer Sale Price Title Company
Region Holdings Inc -- Fidelity National Title Co
Moench Richard E -- None Available
Moench Richard E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $980,000 0.0% $0 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $980,000 -- $0 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $4,671 $202,700 $202,700 --
2023 $3,017 $173,000 $173,000 --
2022 $3,017 $136,500 $136,500 $0
2021 $2,536 $117,400 $117,400 $0
2020 $3,816 $179,200 $179,200 $0
2019 $4,371 $207,800 $207,800 $0
2018 $4,753 $212,800 $212,800 $0
2017 $5,273 $237,200 $237,200 $0
2016 $5,623 $248,400 $248,400 $0
2014 $5,315 $247,500 $247,500 $0
2013 $4,804 $219,600 $219,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR463763

Northwest Indiana Association of REALTORS®

APN: 45-17-18-200-007.000-047