$400,000
SOLD OCT 8, 2024

12555 E 266th St Arcadia, IN 46030

9.95 Acres
$40,201 Price per Acre
433,422 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

20% Below List Price

22 Days on Market

Highlights

  • Deck
  • Pole Barn
  • Porch
  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage

About This Lot

As of October 2024

Discover a rare opportunity to own a slice of Arcadia, Indiana, "Where Small Town America Still Exists", with this beautiful 10-acre property that combines peaceful country living with productive farmland. This generational family farm, cherished for over 80 years, offers a unique blend of classic charm and modern convenience. Property Highlights: Expansive Farmland: With 9.95 acres of prime, fertile land, this property is ideal for lifestyle farming enthusiasts or rural residential living. The land is perfectly suited for a variety of agricultural uses. Modern Apartment: A stylish 1-bedroom, 1-bath modern apartment with a private entrance, large living space, laundry, and ample storage, an elevator (!), and a huge 2 bay garage, all built in 2017. A new septic system as of 2017 as well. Barn and Pole Barn: The property includes a large barn with recent exterior updating and a pole barn. Old House: The older main house is possibly a 'tear down' but is not physically connected to the apartment/garage addition. Location: Nestled just 10 minutes from the charming town of Cicero and scenic Morse Lake, 15 minutes from Noblesville, and 45 minutes from downtown Indy, this farm provides the tranquility of country life while remaining conveniently close to local amenities and recreational opportunities. The property is being sold "as is". Embrace the beauty and productivity of this exceptional Arcadia farm.

Last Agent to Sell the Property

Amy Barbar

F.C. Tucker Company Brokerage Email: amy.barbar@talktotucker.com License #RB20000110 Listed on: 09/06/2024

F.C. Tucker Company

Last Buyer's Agent

Schuyler Estes

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1950

Lot Details

  • 9.95 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Wood Siding
  • Cement Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Schools

  • Hamilton Heights Elementary School
  • Hamilton Heights Middle School
  • Hamilton Heights High School

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 290322000005000017
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Patio
  • Pole Barn
  • Shed
  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$3,022

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Farm
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1950
  • Building Area Total: 3323
  • Garage Y N: Yes
  • Lot Size Acres: 9.95
  • On Market Date: 2024-09-06
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: amy.barbar@talktotucker.com
  • Attribution Contact: amy.barbar@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Elevator, In-Law Arrangement, Eat-in Kitchen
  • Living Area: 3121
  • Main Level Bedrooms: 2
  • Spa Y N: No
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1235
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1886
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cement Siding, Wood Siding, Vinyl Siding
  • Exterior Features: Barn Pole, Barn Storage
  • Foundation Details: Cellar, Block
  • List Price: 450000
  • Patio And Porch Features: Deck UP, Open Patio, Porch Open
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 0

Utilities

  • Utilities: Cable Available, Septic System, Well
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Electric
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Hamilton Heights Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 433422
  • Parcel Number: 290322000005000017
  • Acres: 5-10 Acres
  • Price Acre: 40201
  • Tillable Acres: 9

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3022
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1511

MLS Schools

  • Elementary School: Hamilton Heights Elementary School
  • High School: Hamilton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 8, 2024
Sold by
Orto Rebekah
Bought by
Collins Jeffrey and Collins Amy
Seller's Agent
Amy Barbar
F.C. Tucker Company
Buyer's Agent
Schuyler Estes
RE/MAX Real Estate Solutions
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Views
96
Current Estimated Value
$418,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,160
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Aug 29, 2023
Sold by
Meyers Don Alan
Bought by
Meyers Don Alan and Orto Rebekah

Purchase Details

Closed on
Jan 12, 2022
Sold by
Meyers Don A
Bought by
Henricks Michael D

Purchase Details

Closed on
Jul 23, 2021
Sold by
Meyers Don Alan and Meyers Don A
Bought by
Meyers Don Alan and Meyers Kim M
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 Type Sale Price Title Company
Warranty Deed $400,000 Meridian Title
Deed -- None Listed On Document
Quit Claim Deed -- Drake Andrew R
Quit Claim Deed -- Drake Andrew R
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $400,000 -11.1% $128 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $450,000 -10.0% $144 / Sq Ft
09/06/2024 09/06/24 For Sale $500,000 -- $160 / Sq Ft
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 $1,757 $242,200 $65,300 $176,900
2023 $1,816 $214,800 $61,900 $152,900
2022 $3,072 $275,700 $141,900 $133,800
2021 $2,869 $250,000 $128,400 $121,600
2020 $2,721 $237,500 $127,800 $109,700
2019 $2,932 $253,600 $125,800 $127,800
2018 $2,915 $244,900 $129,000 $115,900
2017 $2,888 $238,900 $144,600 $94,300
2016 $2,880 $229,400 $151,700 $77,700
2014 $2,548 $229,800 $157,500 $72,300
2013 $2,548 $211,000 $138,700 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21994693

MIBOR Broker Listing Cooperative®

APN: 29-03-22-000-005.000-017