NOT LISTED FOR SALE

Estimated Value: $1,190,000 - $1,682,000

0.58 Acre
$2,448,548 Price per Acre
25,134 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $103,500

Est. 1,265% increase in value since last sale

Current estimated payment $7,916/month

593 Days on Market

Highlights

  • Garage
  • Homestead Senior High School Rated A
  • Home to be built

About This Lot

As of July 2023

One of the last remaining lots available in the highly coveted, gated community of Heron Preserve. Nestled at the end of a cul-de-sac, this lot backs to a quiet stream that winds through the subdivision's nature preserve. Perfectly situated for a custom built home, this lot offers a secluded and quiet setting, affording ample room for a walk-out basement, swimming pool, or private exterior living space.

Last Agent to Sell the Property

Al Hamed

North Eastern Group Realty Listed on: 02/02/2020

North Eastern Group Realty

Last Buyer's Agent

Heather Regan

Regan & Ferguson Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,108

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 205x141x267x64
  • Property fronts a private road
  • Finished Lot(s)
  • Property is zoned R1

Parking

  • Garage

Home Design

  • Home to be built

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Heating System Uses Gas

Community Details

  • Heron Preserve Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 02-11-18-400-025.000-038

Property Details

Property Type

Land

Est. Annual Taxes

$5,108

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Heron Preserve Section II Lot 15 |
  • Parcel Number ID: 02-11-18-400-025.000-038
  • Platted: Yes
  • Cross Street: Heron Preserve Trail
  • Location: Subdivision
  • Road Access: City
  • Road Surface: Paved
  • Section Number: II
  • Sp Lp Percent: 103.76
  • Parcel Description: Cul-De-Sac, Partially Wooded
  • Restrictions: Building Restrictions, Covenants, Easements
  • Type of Sale: Traditional
  • Options: Will Build to Suit
  • Platted Development: Yes
  • Type Use: Residential
  • County Zoning: R1
  • Year Taxes Payable: 2015
  • Special Features: None

Exterior Features

  • Road Frontage: Private

Garage/Parking

  • Parking: Garage

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 2500

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Dimensions: 205x141x267x64
  • Estimated Lot Sq Ft: 25131
  • Estimated Lot Size Acres: 0.577
  • Lot Number: 15
  • Easements: Yes
  • Improvements: Storm Sewers, Street Lights

Tax Info

  • Annual Taxes: 39.56

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Af Hamed
Bought by
Bowen Emma and Bowen John
Current Estimated Value
$1,412,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,200
Outstanding Balance
$1,251,496
Interest Rate
3.55%
Mortgage Type
Construction
Estimated Equity
$161,316

Purchase Details

Closed on
May 21, 2014
Sold by
Heron Developers Llc Ii
Bought by
Hamed Af and Af Hamed Construction
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
Bowen Emma $207,000 Trademark Title Services
Hamed Af -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Emma $1,345,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $103,500 +3.8% --
09/17/2021 09/17/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $99,750 -3.6% --
04/01/2021 04/01/21 Off Market $103,500 -- --
12/31/2020 12/31/20 Price Changed $99,750 +25.1% --
02/02/2020 02/02/20 For Sale $79,750 -- --
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 $5,108 $1,155,800 $200,000 $955,800
2023 $5,083 $633,700 $170,000 $463,700
2022 $15 $2,200 $2,200 $0
2021 $32 $2,200 $2,200 $0
2020 $33 $2,200 $2,200 $0
2019 $34 $2,200 $2,200 $0
2018 $34 $2,200 $2,200 $0
2017 $36 $2,200 $2,200 $0
2016 $42 $2,200 $2,200 $0
2014 $37 $2,200 $2,200 $0
2013 $40 $2,200 $2,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202003990

Indiana Regional MLS

APN: 02-11-18-400-025.000-038