NOT LISTED FOR SALE

12651 Us Highway 150 Shoals, IN 47581

Estimated Value: $76,000 - $1,107,000

41 Acres
$11,004 Price per Acre
1,785,960 Sq Ft Lot

Last Sold October 10, 2023

Last sale price $168,100 $166 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $3,140/month

4 Days on Market

About This Lot

As of October 2023

This area is known for its great genetics and holds big deer. The bottom ground is a main travel route for deer passing through the property. A high ridge offers a cabin pad with easy access to utilities.

Last Agent to Sell the Property

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 08/04/2023

Whitetail Properties Real Estate

Co-Listed By

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Last Buyer's Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 08/04/2023

Whitetail Properties Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $400

Lot Details

  • 41 Acre Lot
  • Property fronts an interstate
  • Finished Lot(s)

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 51-11-13-100-003.000-003

Property Details

Property Type

Land

Est. Annual Taxes

$400

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: also 51-11-13-400-016.000-003 PT W1/2 NE 13-2-3 64AC. PT W1/2 W1/2 SE 13-2-3 9.956AC. PT W1/2 SE 13-2-3 41.818AC. PT NE SE 13-2-3 8AC.
  • Parcel Number ID: 51-11-13-100-003.000-003
  • Platted: Yes
  • Parcel Id2: 51-11-13-100-011.000-003
  • Road Access: Interstate
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: Heavily Wooded, Irregular, Undeveloped, 15+
  • Parcel Id3: 51-11-13-400-015.000-003
  • Type of Sale: Traditional
  • Type Use: Agriculture, Recreational
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: Interstate

Utilities

  • Electricity Type: Available

Schools

  • School District: Shoals Community School Corp.
  • Elementary School: Shoals Community
  • Middle School: Shoals Community
  • High School: Shoals
  • Elementary School: Shoals Community

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1785960
  • Estimated Lot Size Acres: 41

Tax Info

  • Annual Taxes: 400

MLS Schools

  • High School: Shoals
  • Middle School: Shoals Community
  • School District: Shoals Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Ohio River Veneer Llc
Bought by
Pfaff Properties Llc
Current Estimated Value
$560,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Outstanding Balance
$668,246
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$253,867

Purchase Details

Closed on
Jul 3, 2024
Sold by
Ohio River Veneer Llc
Bought by
Wettstein Thomas and Kiela Gene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,000
Outstanding Balance
$668,246
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$253,867

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 6, 2023
Sold by
Ohio River Veneer Llc
Bought by
Wettstein Thomas and Kiela Gene F
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
Zach Holt
Whitetail Properties Real Estate
List Price
$168,100
Sold Price
$168,100
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.29%
Original Mortgage
$134,500
Interest Rate
6.78%

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 25, 2023
Sold by
Payne Ronald E and Payne Kathleen E
Bought by
Ohio River Veneer Llc
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
Zach Holt
Whitetail Properties Real Estate
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.93%
Original Mortgage
$427,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jan 25, 2013
Sold by
Robinson Rose Mary
Bought by
Payne Ronald E and Payne Ronald E
Seller's Agent
Larry Albright
RE/MAX Elite
Buyer's Agent
SWIAR NonMember
NonMember SWIAR
List Price
$454,000
Sold Price
$257,000
Premium/Discount to List
-$197,000
-43.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$205,600
Interest Rate
3.32%
Mortgage Type
Stand Alone First
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
Pfaff Properties Llc $775,000 None Listed On Document
Wettstein Thomas $775,000 Classic Title
Wettstein Thomas -- None Listed On Document
Ohio River Veneer Llc $610,000 None Listed On Document
Payne Ronald E $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfaff Properties Llc $676,000
Closed Wettstein Thomas $52,000
Previous Owner Wettstein Thomas $134,500
Previous Owner Ohio Riverveneer Llc $488,000
Previous Owner Ohio River Veneer Llc $427,000
Previous Owner Payne Ronald E $68,134
Previous Owner Payne Ronald E $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $168,100 0.0% $166 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $168,100 -72.4% $166 / Sq Ft
04/25/2023 04/25/23 Sold $610,000 0.0% $469 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $610,000 +137.4% $469 / Sq Ft
01/25/2013 01/25/13 Sold $257,000 -43.4% $254 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $454,000 -- $450 / 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 $872 $144,400 $30,300 $114,100
2023 $872 $136,500 $27,800 $108,700
2022 $743 $129,800 $24,100 $105,700
2021 $618 $115,500 $21,800 $93,700
2020 $582 $110,600 $21,100 $89,500
2019 $579 $110,600 $22,700 $87,900
2018 $598 $109,100 $22,900 $86,200
2017 $588 $107,100 $24,400 $82,700
2016 $589 $107,900 $25,100 $82,800
2014 $573 $92,100 $25,400 $66,700
2013 -- $89,200 $23,100 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202328043

Indiana Regional MLS

APN: 51-11-13-100-003.000-003