NOT LISTED FOR SALE

1278 Old School Rd Indian River, MI 49749

Estimated Value: $250,377 - $383,000

10 Acres
$31,759 Price per Acre
435,600 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $162,500 $89 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,838/month

13 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Adjoins Government Land
  • Wood Flooring
  • Living Room
  • Dining Room

About This Lot

As of September 2020

On a beautiful 10 acre parcel sits this 3 bedroom, 1.5 bath home with full basement. Asian walnut wood flooring in the living/dining area, new bedroom carpet, new roof, new well, new septic/drainfield, new blown-in fiberglass insulation and new 200 amp elecric service.Only 2 miles from the beautiful Jewell Road Mullett Lake public boat launch. Excellent hunting property with hundreds of acres of state land adjacent to the south.

Last Agent to Sell the Property

Gail Rhine

Berkshire Hathaway Homeservices Indian River Brokerage Phone: 231.238.7400 License #6501386853 Listed on: 07/02/2020

Berkshire Hathaway Homeservices Indian River

Co-Listed By

Denise Bazuin

Berkshire Hathaway HomeServices Brokerage Phone: 231.238.7400 License #6501297419

Last Buyer's Agent

Heidi Kresnak

MLS NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,326

Lot Details

  • 10 Acre Lot
  • Adjoins Government Land
  • Hunting Land

Home Design

  • Frame Construction

Interior Spaces

  • 1,834 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Inland Lakes Elementary School
  • Inland Lakes High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 130-026-400-015-00
  • Tax Block 26

Community Details

Overview

  • T36n R2w Subdivision

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$1,326

Lot Details

0

Listing Details

  • Directions: East Mullett Lake Road to right on Quail Trail, left on Old School Road
  • Garage Yn: No
  • Lot Size: 10 ACRES
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Water Size: 4''
  • Attribution Contact: 231.238.7400
  • PropertySubType: Residential Acreage
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 10.0
  • Road Surface Type: Gravel, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Microwave, Dryer
  • Co List Office Phone: 231-238-7400
  • MLS Status: Closed
  • Subdivision Name: T36N R2W
  • Above Grade Finished Sq Ft: 1093.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 10 ACRES
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 10.0
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Hot Water3: Yes
  • Basement Specifics Walkout: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full, Walk-Out Access
  • BasementSpecificsBasementSize: 23.5x22.8
  • Interior Amenities: Ceiling Fan, 1st Flr Master Bdrm
  • Bedroom 3 Level: 2nd
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Features 1st Flr Master Bdrm: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Stacked WasherDryer: Yes

Exterior Features

  • Exterior Features: Adj State/Federal Ld, Deck, Hunting Prop, Natural
  • Waterfront: No
  • Construction Type: Other
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes

Schools

  • Schools Elementary School: Inland Lakes
  • Schools High School: Inland Lakes
  • Elementary School: Inland Lakes
  • Junior High Dist: Inlandlakes
  • High School: Inland Lakes

Lot Info

  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 130-026-400-015-00

Tax Info

  • Tax Block: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 10, 2020
Sold by
Dubey Dale
Bought by
Neff Kyle
Seller's Agent
Gail Rhine
Berkshire Hathaway Homeservices Indian River
Buyer's Agent
Heidi Kresnak
MLS NON-MEMBER
Sold Price
$162,500
Current Estimated Value
$317,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,094
Avg. Annual Appreciation
14.43%
Original Mortgage
$130,000
Outstanding Balance
$115,889
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$201,705

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 28, 2016
Sold by
Marlene D Cruse Trust
Bought by
Dubey Colleen and Dubey Dale
Seller's Agent
MATT WHITENER
REAL ESTATE ONE INDIAN RIVER
Buyer's Agent
Matt Whitener
Alpine Realty Group Indian River
Sold Price
$18,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.83%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Cruse Marlene and Cruse Rubin
Bought by
Marlene D Cruse Trust

Purchase Details

Closed on
Jun 26, 1984
Sold by
Selby C Richard and Selby Catherine
Bought by
Cruse Marlene and Cruse Rubin
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
Neff Kyle $162,500 --
Dubey Colleen $19,250 Devon Title Agency
Marlene D Cruse Trust -- None Available
Cruse Marlene $5,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neff Kyle $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $162,500 +778.4% $89 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
10/06/2016 10/06/16 Sold $18,500 -- $10 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
Source: Water Wonderland Board 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
2025 $1,326 $104,600 $0 $0
2024 $702 $100,500 $0 $0
2023 $672 $82,500 $0 $0
2022 $640 $64,400 $0 $0
2021 $1,187 $52,600 $52,600 $0
2020 $658 $30,700 $30,700 $0
2019 $1,154 $28,400 $28,400 $0
2018 $1,132 $27,700 $0 $0
2017 $1,006 $25,300 $0 $0
2016 $204 $9,800 $0 $0
2015 -- $7,400 $0 $0
2014 -- $7,400 $0 $0
2012 -- $9,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gail Rhine

    Berkshire Hathaway Homeservices Indian River

    (231) 420-6491

    141 Total Sales

    Gail Rhine
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Denise Bazuin

    Berkshire Hathaway HomeServices

    (231) 420-7205

    86 Total Sales

    Denise Bazuin
    Section Image
  • Heidi Kresnak

    Buyer's Agent in 2020

    Heidi Kresnak

    MLS NON-MEMBER

    (231) 838-1977

    107 Total Sales

    Heidi Kresnak
    Section Image

  • M

    Seller's Agent in 2016

    MATT WHITENER

    REAL ESTATE ONE INDIAN RIVER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 324699

Water Wonderland Board of REALTORS®

APN: 130-026-400-015-00

Michigan Cheboygan County Indian River 49749

1278 Old School Rd, Indian River, MI

This home is located at 1278 Old School Rd, Indian River, MI 49749 since 02 July 2020 and is currently estimated at $317,594, approximately $173 per square foot. 1278 Old School Rd is a home located in Cheboygan County with nearby schools including Inland Lakes Elementary School and Inland Lakes Secondary School.

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