NOT LISTED FOR SALE

11956 N Long Meadow Ln Mooresville, IN 46158

Estimated Value: $632,000 - $1,272,972

48 Acres
$19,843 Price per Acre
2,090,880 Sq Ft Lot

Last Sold April 02, 2019

Last sale price $378,500

Est. 152% increase in value since last sale

Current estimated payment $6,052/month

32 Days on Market

About This Lot

As of April 2019

Great custom home Planned Unit Development in Mooresville. Beautiful 48+ acres with pond and 9 lots, featuring rolling hills and some wooded. All lots are ideal for walkout basements. Lot sizes range from 2.5 to 5.81 acres. Conveniently located to Mooresville Schools, golf and shopping. Covenants and Restrictions apply to protect your investment. SELLER WILL NOT DIVIDE PROPERTY, WILL ONLY SELL ALL 48.229 ACRES AS ONE. The road shown in the picture has not been put in.

Last Agent to Sell the Property

John Jones II

The Modglin Group License #RB17000882 Listed on: 01/24/2019

Last Buyer's Agent

Jerome Witte

Berkshire Hathaway Home License #RB14040937

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,096

Lot Details

  • 48

Additional Features

  • 48 Acre Lot
  • Septic Needed

Community Details

  • Long Meadow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 550503100006001004

Property Details

Property Type

Land

Est. Annual Taxes

$1,096

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 48
  • Road Frontage Type: FrontageRd
  • Road Surface Type: NotApplic
  • Subdivision Name: LONG MEADOW
  • Property Description: Great custom home Planned Unit Development in Mooresville. Beautiful 48+ acres with pond and 9 lots, featuring rolling hills and some wooded. All lots are ideal for walkout basements. Lot sizes range from 2.5 to 5.81 acres. Conveniently located to Mooresville Schools, golf and shopping. Covenants and Restrictions apply to protect your investment. SELLER WILL NOT DIVIDE PROPERTY, WILL ONLY SELL ALL 48.229 ACRES AS ONE. The road shown in the picture has not been put in.
  • Transaction Type: Sale
  • Website: www.SadlerRealEstate.com
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 390000
  • Topography: Hilly,Pasture,Pond,Wooded
  • Road Access: CountyRd
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Lot Info

  • Development Status: Plat Designed,Plat Recorded
  • Parcel Number: 550503100006001004
  • Zoning: Residential and Agricultu
  • Acres: >20 Acres
  • Lot Number: 1
  • Lot Size: 48
  • Improvements: None
  • Land Characteristics: Irregular Lot,Rural
  • Potential Zoning: Agricultur,Planned Development
  • Present Zoning: Agricultur,Single Family
  • Price Acre: 8125
  • Soil Type: Clay

Tax Info

  • Tax Annual Amount: 1096
  • Semi Annual Property Tax Amt: 548
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Mooresville Consolidated
  • Schools: Mooresville High,Paul Hadley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Apr 2, 2019
Sold by
Roberts Danny K
Bought by
Reecer Jerry A and Reecer Rachel A
Seller's Agent
John Jones II
The Modglin Group
Buyer's Agent
Jerome Witte
Berkshire Hathaway Home
List Price
$390,000
Sold Price
$378,500
Premium/Discount to List
-$11,500
-2.95%
Current Estimated Value
$952,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,986
Avg. Annual Appreciation
14.08%
Original Mortgage
$246,025
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Reecer Jerry A -- Chicago Title Company Llc
Roberts Danny K -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reecer Jerry A $450,000
Closed Reecer Jerry A $350,000
Open Reecer Jerry A $720,000
Closed Reecer Jerry A $246,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $378,500 -2.9% --
02/26/2019 02/26/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $390,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $10,472 $854,200 $127,700 $726,500
2023 $10,376 $851,600 $117,600 $734,000
2022 $8,812 $732,100 $107,000 $625,100
2021 $7,395 $631,500 $82,200 $549,300
2020 $2,015 $168,300 $73,100 $95,200
2019 $50 $4,100 $4,100 $0
2018 $48 $4,100 $4,100 $0
2017 $58 $5,000 $5,000 $0
2016 $58 $5,000 $5,000 $0
2014 $49 $4,500 $4,500 $0
2013 $49 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21616103

MIBOR Broker Listing Cooperative®

APN: 55-05-03-100-006.001-004