NOT LISTED FOR SALE

12045 Otterbein Rd SW Laconia, IN 47135

Estimated Value: $92,000 - $144,000

3 Beds
1 Bath
960 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $35,000 $36 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $623/month

Highlights

  • Barn
  • Deck
  • Garden
  • Panoramic View
  • Shed
  • Forced Air Heating System

About This Home

As of January 2017

INVESTMENT/FLIP OPPORTUNITY...Convenient location within minutes to the Mauckport/Brandenburg Bridge. Country living yet very close to grocery and restaurants in Brandenburg. This property is partially fenced with an older barn and plenty of room for livestock, garden area, and has a big yard. The home is a 3 bedroom and has newer windows, and a newer metal roof. The home is in need of repairs and is being offered AS-IS. This home will not qualify for financing and is a cash only deal.

Last Agent to Sell the Property

Leslie Williams

eXp Realty, LLC License #RB14041305 Listed on: 10/25/2016

eXp Realty, LLC

Last Buyer's Agent

Leslie Williams

eXp Realty, LLC License #RB14041305 Listed on: 10/25/2016

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108

Year Built

  • Built in 1929

Lot Details

  • 6 Acre Lot
  • Garden
  • Subdivision Possible
  • Property is zoned Agri/ Residential

Property Views

  • Panoramic
  • Hills

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 960 Sq Ft Home
  • 1.5-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Farming

  • Barn

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 311735400006000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$108

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Improvements: 27800
  • Annual Tax: 108
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Land Assessment: 22100
  • Legal Description: PT SE 1/4 SE QR; 35-5-3; 6.
  • Numof Fireplaces: 0
  • Out Buildings: Barn(s), Shed
  • Parcel Number: 311735400006000009
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 49900
  • Total Finished Square Footage: 960
  • Type: 1.5 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 576.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Lot Sq Ft: 261360.00
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 960
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: South Harrison

Lot Info

  • Acres: 6.0000
  • Lot Description: Divisible Lot, Garden Area, Hill/Knobs View, Panoramic View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 20, 2017
Sold by
Clark Robert
Bought by
Druck
Seller's Agent
Leslie Williams
eXp Realty, LLC
Buyer's Agent
Leslie Williams
eXp Realty, LLC
List Price
$42,000
Sold Price
$35,000
Premium/Discount to List
-$7,000
-16.67%
Current Estimated Value
$112,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,979
Avg. Annual Appreciation
14.44%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Mike Sphire
Bought by
Robert Clark

Purchase Details

Closed on
Oct 6, 2016
Sold by
Rodney
Bought by
Sphire Mike
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
Druck $3,500 Pitt & Frank Attorneys
Robert Clark $23,000 Davis Davis & Layson
Sphire Mike $22,000 Davis Davis & Layson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $35,000 -16.7% $36 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $42,000 -- $44 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $251 $63,500 $34,600 $28,900
2023 $222 $55,700 $28,000 $27,700
2022 $204 $47,500 $21,300 $26,200
2021 $192 $41,900 $20,400 $21,500
2020 $186 $39,000 $18,800 $20,200
2019 $206 $40,200 $20,000 $20,200
2018 $204 $40,100 $20,200 $19,900
2017 $210 $49,000 $21,200 $27,800
2016 $619 $49,300 $21,700 $27,600
2014 $215 $50,100 $22,100 $28,000
2013 $215 $46,900 $19,800 $27,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201607033

Southern Indiana REALTORS® Association

APN: 31-17-35-400-006.000-009