NOT LISTED FOR SALE

1406 Indian Trail Kankakee, IL 60901

Estimated Value: $18,000 - $320,601

0.24 Acre
$885,000 Price per Acre
10,454 Sq Ft Lot

Last Sold October 11, 2023

Last sale price $13,000

Est. 1,534% increase in value since last sale

Current estimated payment $1,213/month

113 Days on Market

About This Lot

As of October 2023

Motivated seller! Make an offer! Builder bought with big plans to build and sell in Indian Meadows. Unfortunately, health issues put his plans to a halt. Property is located close to hospital, river and is in Herscher school district. Drive by and see for yourself why this would be a great spot to build! *Property qualifies for special tax abatement to refund about half of annual taxes. Ask me for more info!

Last Agent to Sell the Property

Mollie Grizzle

LaMore Realty License #475176963 Listed on: 06/06/2023

Last Buyer's Agent

Annie Mitchell

Berkshire Hathaway HomeServices Speckman Realty License #475196499

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x130
  • Property is zoned SINGL

Schools

  • Herscher High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Indian Meadows Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted, Single Family
  • Road Surface Type: Asphalt
  • Subdivision Name: Indian Meadows
  • General Information: School Bus Service
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Schools

  • High School: Herscher High School

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 80X130
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 10
  • Land Amenities: Curbs and Gutters,Garbage Removal,Park/Playground
  • Land Description: Cleared

Rental Info

  • Board Number: 21
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1145.96
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Beard Chris
Bought by
Arredondo Avelino and Arredondo Mary Jo
Current Estimated Value
$212,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,960
Outstanding Balance
$225,873
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$13,473

Purchase Details

Listed on
Jun 6, 2023
Closed on
Oct 10, 2023
Sold by
Karafa Judith S
Bought by
Beard Chris
Seller's Agent
Mollie Grizzle
LaMore Realty
Buyer's Agent
Annie Mitchell
Berkshire Hathaway HomeServices Speckman Realty
List Price
$20,000
Sold Price
$13,000
Premium/Discount to List
-$7,000
-35%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
290.67%

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 8, 2022
Sold by
Trust Number 1849
Bought by
Karafa Judith S
Seller's Agent
Mollie Grizzle
LaMore Realty
Buyer's Agent
Mollie Grizzle
LaMore Realty
List Price
$24,000
Sold Price
$20,000
Premium/Discount to List
-$4,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.96%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Arredondo Avelino $290,512 Kankakee County Title
Beard Chris $26,000 Community Title
Karafa Judith S $40,000 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arredondo Avelino $231,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $13,000 -13.3% --
09/28/2023 09/28/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $15,000 -25.0% --
06/06/2023 06/06/23 For Sale $20,000 0.0% --
04/11/2022 04/11/22 Sold $20,000 -16.7% -- View Prior Sale
03/24/2022 03/24/22 For Sale $24,000 -- --
03/23/2022 03/23/22 Pending -- -- --
Source: Midwest Real Estate Data (MRED)

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 $1,219 $11,130 $11,130 $0
2023 $1,192 $10,211 $10,211 $0
2022 $1,146 $9,433 $9,433 $0
2021 $22 $175 $175 $0
2020 $22 $175 $175 $0
2019 $23 $175 $175 $0
2018 $23 $175 $175 $0
2017 $27 $175 $175 $0
2016 $2,332 $175 $175 $0
2015 $2,331 $175 $175 $0
2014 $2,330 $175 $175 $0
2013 -- $175 $175 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11800543

Midwest Real Estate Data (MRED)

APN: 07-08-25-412-010