NOT LISTED FOR SALE

12501 Iowa St Crown Point, IN 46307

Estimated Value: $885,785

158 Acres
$5,612 Price per Acre
6,875,075 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $525,000

Est. 69% increase in value since last sale

Current estimated payment $5,119/month

263 Days on Market

Highlights

  • 157.83 Acre Lot
  • Winfield Elementary School Rated A-
  • Home fronts a stream

About This Lot

As of December 2015

Subject property consists of 157.83 acres (+/-). Western portion is farmed and Eastern portion consists of a combination of wetlands, wooded areas, and approximately 2 acre pond. Property is 1/2 mile North of Hwy 231 on the East side of Iowa Street and is less than 1 mile from I65 intersection by aerial distance. Niles Ditch crosses the NE corner. Parcel would be a square 160 acres except for a 2 acre cutout in the NW corner. Property is zoned Agricultural but the Eastern property line of city limits of Crown Point. There are no buildings or improvements on the property. Soil map, wetland map and flood plain map are all available on line.

Last Listed By

Tim Brust

Wille Stiener & Brust, Inc. License #RB14036872 Listed on: 02/27/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,286

Year Built

  • Built in 1800

Lot Details

  • 157.83 Acre Lot
  • Home fronts a stream
  • Zoning described as Agriculture

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 451623200001000042

Property Details

Property Type

Land

Est. Annual Taxes

$5,286

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Farm
  • Year Built: 1800
  • Road Frontage Type: County Road
  • Co List Office Mls Id: NRA1232
  • Subdivision Name: N/A
  • Habitable Residence: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No
  • ResoLivingAreaSource: Owner

Exterior Features

  • Acres: 157.83
  • Waterfront Features: Creek, Stream

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 6875075
  • Cultivated Acreage: 90
  • Parcel #: 451623200001000042
  • Zoning Description: Agriculture

Rental Info

  • LeaseType: Net

Tax Info

  • Tax Annual Amount: 5286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2015
Closed on
Dec 16, 2015
Sold by
Dobosz Michael D
Bought by
Hein Edward J
Seller's Agent
Tim Brust
Wille Stiener & Brust, Inc.
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$800,000
Sold Price
$525,000
Premium/Discount to List
-$275,000
-34.38%
Total Days on Market
263
Current Estimated Value
$885,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,785
Avg. Annual Appreciation
6.00%
Original Mortgage
$367,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
Lake County Trust Co
Bought by
Dobosz Michael D and Eleanor B Leese Trust

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
Hein Edward J -- Greater Indiana Title Co
Dobosz Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hein Edward J $5,246,000
Closed Hein Edward J $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $525,000 -34.4% --
11/17/2015 11/17/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $800,000 -- --
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 $2,496 $108,900 $108,900 --
2023 $1,585 $90,800 $90,800 --
2022 $1,585 $71,700 $71,700 $0
2021 $1,361 $61,600 $61,600 $0
2020 $1,350 $61,100 $61,100 $0
2019 $1,739 $74,600 $74,600 $0
2018 $2,052 $77,000 $77,000 $0
2017 $2,371 $88,400 $88,400 $0
2016 $2,550 $93,700 $93,700 $0
2014 $2,433 $97,900 $97,900 $0
2013 $2,112 $84,000 $84,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tim Brust

    Wille Stiener & Brust, Inc.

    (219) 384-6721

    1 in this area

    25 Total Sales

    Tim Brust
    Section Image

  • N

    Buyer's Agent in 2015

    Non-Member Agent

    Non-Member MLS Office

See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 366622

Northwest Indiana Association of REALTORS®

APN: 45-16-23-200-001.000-042

Indiana Lake County Crown Point 46307

12501 Iowa St, Crown Point, IN

Homes for Sale in Crown Point, IN

This home is located at 12501 Iowa St, Crown Point, IN 46307 since 27 February 2015 and is currently estimated at $885,785. This property was built in 1800. 12501 Iowa St is a home located in Lake County with nearby schools including Winfield Elementary School, Colonel John Wheeler Middle School, and Crown Point High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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