NOT LISTED FOR SALE

12377 Indian Mound Rd Wellington, FL 33449

Estimated Value: $5,608,000 - $8,115,000

4 Beds
6 Baths
5,721 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $7,000,000 $1,224 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $41,872/month

17 Days on Market

Highlights

  • Water Views
  • Horses Allowed in Community
  • 437,342 Sq Ft lot
  • Panther Run Elementary School Rated A-
  • RV Access or Parking
  • Room in yard for a pool

About This Home

As of June 2022

This elite & prestigious sporthorse facility was professionally designed and maintained for top equine athletes. Offering a luxurious equestrian experience, this property boasts 10 acres, an 19 stall show barn, a 3-stall USDA certified quarantine barn, a detached 3 bedroom, 2 bathroom staff house, olympic level 205 x 85 ft covered riding arena with Martin Collins CLOPF footing and a Risohorse sub-irrigation system, a 100 x 220 ft outdoor arena with GGT footing, all-weather GGT round pen, 11 paddocks and 3 RV Hookups. Additionally, there is a newly constructed tent pad with full electricity, water, flyspray system to house 8-10 12x12 portable stalls. Property is ideally set up with 2 large storage containers, extra trailer and equipment parking areas and much more

Last Agent to Sell the Property

Travis Laas

Engel & Volkers Wellington License #3262273 Listed on: 04/17/2022

Engel & Volkers Wellington

Last Buyer's Agent

Robert Ross

KW Reserve Palm Beach License #3210971

KW Reserve Palm Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,785

Year Built

  • Built in 2001

Lot Details

  • 10.04 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned AR

Property Views

  • Water
  • Garden

Home Design

  • Studio
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,721 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • French Doors
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Closed Circuit Camera
  • Fire and Smoke Detector

Parking

  • Over 1 Space Per Unit
  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 73414427000001120

Community Details

Overview

  • Acreage & Unrec Subdivision

Recreation

  • Horses Allowed in Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,785

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South shore to Indian Mound, East on Indian Mound. Property will be on the left side.
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Split Bedrooms, Tub Shower
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Concrete, Tile
  • Living Area: 5721.0
  • Dining Room Type: Storage Room, Studio
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio, Room For Pool
  • View: Garden, Other, Water
  • Lot Features: Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Apartment
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway, Golf Cart Garage, RV Access/Parking, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414427000001120
  • Horse Amenities: Horses Allowed
  • Lot Size: 467.0 ft x 0.0 ft
  • Lot Size Sq Ft: 437342.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 42785.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
Jun 2, 2022
Sold by
Diamante Farms Inc
Bought by
Nhm2011 Realty Llc
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Robert Ross
KW Reserve Palm Beach
List Price
$7,000,000
Sold Price
$7,000,000
Current Estimated Value
$6,706,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,263
Avg. Annual Appreciation
-2.50%
Original Mortgage
$4,900,000
Outstanding Balance
$4,599,563
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,852,269

Purchase Details

Closed on
Sep 30, 2002
Sold by
Two Swans Farm Llc
Bought by
Diamante Farms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
6.19%

Purchase Details

Closed on
Mar 14, 2000
Sold by
Greene Jeffrey A and Greene Tina B
Bought by
Two Swans Farm Llc

Purchase Details

Closed on
May 20, 1999
Sold by
Cypress Meadows Inc
Bought by
Grene Tina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1994
Sold by
Niebel John W and Niebel Lucinda
Bought by
Cypress Meadows Inc
Source: Public Records

Range of Values:

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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
Nhm2011 Realty Llc $7,000,000 Galle Law Group Pa
Diamante Farms Inc $3,800,000 --
Two Swans Farm Llc $325,000 --
Grene Tina B $285,000 --
Cypress Meadows Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nhm2011 Realty Llc $4,900,000
Previous Owner Kane Living Trust $8,225,000
Previous Owner Kane Richard S $12,000,000
Previous Owner Diamante Farms Inc $3,900,000
Previous Owner Grene Tina B $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $7,000,000 0.0% $1,224 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $7,000,000 -- $1,224 / Sq Ft
Source: BeachesMLS

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 $63,949 $3,218,664 -- --
2023 $65,046 $3,255,139 $301,200 $2,953,939
2022 $46,251 $1,882,682 $0 $0
2021 $42,785 $2,559,149 $0 $0
2020 $40,106 $2,373,223 $0 $0
2019 $38,489 $2,296,968 $0 $0
2018 $33,183 $1,901,569 $0 $0
2017 $32,502 $1,928,727 $0 $0
2016 $30,497 $1,116,486 $0 $0
2015 $28,529 $995,820 $0 $0
2014 $25,863 $882,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10792783

BeachesMLS

APN: 73-41-44-27-00-000-1120