NOT LISTED FOR SALE

1426 N 500 E Michigan City, IN 46360

Porter County Neighborhood

Estimated Value: $213,100

24.42 Acres
$8,726 Price per Acre
1,063,735 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $140,000

Est. 52% increase in value since last sale

Current estimated payment $1,203/month

196 Days on Market

Highlights

  • Horses Allowed On Property
  • 24.42 Acre Lot
  • Pond

About This Lot

As of May 2019

Absolutely beautiful rolling building site with small pond. 24 plus acres ready for your dream home or mini farm. All the preliminary site work has been completed. Survey and soil work available.

Last Agent to Sell the Property

Nick Landers

Coldwell Banker Realty License #RB14019672 Listed on: 09/19/2018

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $574

Lot Details

  • 24.42

Additional Features

  • 24.42 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 640422426002000009

Community Details

Overview

  • O'kelly Farms Admin Sub Subdivision

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$574

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Farm
  • Reso Property Sub Type: Vacant Land/Acreage
  • ResoLotFeatures: Acreage, Horses Allowed, Pond(s), Tilable
  • Road Frontage Type: County Road, Paved Road
  • Co List Office Mls Id: GNR372
  • Subdivision Name: O'Kelly Farms Admin Sub
  • Reso Other Structures: None
  • GNR_Auction: No
  • GNR_PermitsNeeded: All Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Acres: 24.42

Lot Info

  • Lot Size Sq Ft: 1063735
  • ResoLotSizeUnits: Acres
  • Parcel #: 640422426002000009
  • Zoning Description: RESI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Davis Bill D and Davis Fawn M
Bought by
Davis Bill D
Current Estimated Value
$213,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,200
Outstanding Balance
$565,253
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2018
Closed on
May 1, 2019
Sold by
Kelly Norma J O and Norma J O Kelly Living Trust
Bought by
Davis Bill D and Davis Fawn M
Seller's Agent
Nick Landers
Coldwell Banker Realty
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

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
Davis Bill D -- Nations Lending Services
Davis Bill D $140,000 Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Bill D $567,200
Previous Owner Davis Bill D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $140,000 0.0% --
04/03/2019 04/03/19 Pending -- -- --
09/19/2018 09/19/18 For Sale $140,000 -- --
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 $1,045 $42,800 $42,800 --
2023 $451 $35,700 $35,700 --
2022 $384 $28,200 $28,200 $0
2021 $406 $24,200 $24,200 $0
2020 $421 $24,000 $24,000 $0
2019 $496 $29,300 $29,300 $0
2018 $502 $30,200 $30,200 $0
2017 $575 $34,800 $34,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Landers

    Seller's Agent in 2019

    Nick Landers

    Coldwell Banker Realty

    (219) 926-7535

    1 in this area

    59 Total Sales

    Nick Landers
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR442959

Northwest Indiana Association of REALTORS®

APN: 64-04-22-426-002.000-009

Indiana Porter County Michigan City 46360 Porter County

1426 N 500 E, Michigan City, IN

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