NOT LISTED FOR SALE

123 E Frank St Mitchell, IN 47446

Estimated Value: $133,000 - $155,079

0.31 Acre
$471,839 Price per Acre
13,504 Sq Ft Lot

Last Sold March 12, 2022

Last sale price $10,500 $8 Per Sq Ft

Est. 1,293% increase in value since last sale

Current estimated payment $922/month

52 Days on Market

About This Lot

As of March 2022

Look at this large 2 city lot parcel. Conveniently located near Lehigh and all the amenities the city of Mitchell has to offer. Veteran owned.

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x132
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 47-14-01-120-071.000-005

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: ORIG LOT 447 & ORIG LOTS 475, 476
  • Parcel Number ID: 47-14-01-120-071.000-005
  • Platted: Yes
  • Location: City
  • Parcel Id2: 47-11-36-430-011.000-005
  • Road Access: City
  • Road Surface: Asphalt
  • Parcel Description: Corner, Level, Undeveloped
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: Mitchell Water
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Schools

  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Dimensions: 100X132
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31

Tax Info

  • Annual Taxes: 390

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 11, 2022
Sold by
Tomlinson Robert
Bought by
Johnson James and Johnson Meleah
List Price
$20,000
Sold Price
$10,500
Premium/Discount to List
-$9,500
-47.5%
Current Estimated Value
$146,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,770
Avg. Annual Appreciation
101.11%

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 17, 2021
Sold by
Jennings Properties Llc
Bought by
Tomlinson Robert
List Price
$17,000
Sold Price
$9,000
Premium/Discount to List
-$8,000
-47.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Johnson James $10,500 Classic Title Inc
Tomlinson Robert $9,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2022 03/12/22 Sold $10,500 -38.2% $8 / Sq Ft
01/31/2022 01/31/22 Price Changed $17,000 -15.0% $14 / Sq Ft
01/07/2022 01/07/22 For Sale $20,000 +122.2% $16 / Sq Ft
09/17/2021 09/17/21 Sold $9,000 -30.8% $7 / Sq Ft View Prior Sale
08/29/2021 08/29/21 Pending -- -- --
06/30/2021 06/30/21 Price Changed $13,000 -23.5% $10 / Sq Ft
05/24/2021 05/24/21 For Sale $17,000 -- $14 / 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 $1,830 $88,500 $7,400 $81,100
2023 $1,809 $83,900 $7,100 $76,800
2022 $203 $7,000 $7,000 $0
2021 $104 $6,700 $6,700 $0
2020 $195 $6,500 $6,500 $0
2019 $124 $6,200 $6,200 $0
2018 $122 $6,100 $6,100 $0
2017 $122 $30,900 $6,000 $24,900
2016 $638 $31,900 $6,000 $25,900
2014 $644 $32,200 $6,000 $26,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202200624

Indiana Regional MLS

APN: 47-11-36-430-011.000-005