NOT LISTED FOR SALE

1457 N County Road 312 W Rockport, IN 47635

Estimated Value: $77,000 - $78,000

1.07 Acres
$72,430 Price per Acre
46,609 Sq Ft Lot

Last Sold June 18, 2021

Last sale price $50,000

Est. 55% increase in value since last sale

Current estimated payment $415/month

57 Days on Market

Highlights

  • Barn
  • Fruit Trees
  • Garage

About This Lot

As of June 2021

This wonderful 1-acre homesite for sale in Reo (Spencer County in Southern Indiana) is build-ready for a dream country home. A concrete floor garage (approximately 3-car) and 2 lean-tos provide plenty of storage for cars and recreational vehicles. The barn, with its multiple stalls, is ready for horses or can be used for additional storage.  The site has city water, and electricity already runs onto the property. A fence running the perimeter of the property provides safety and security. The land also sits on a dead end lane which is ideal for privacy and lack of traffic but has easy access from paved County Road 312, which runs the entire west boundary of the property. Spencer County Middle and High Schools are just across the field to the east of the property. This listing provides Investment and/or income potential as a site for a mini-farm or developer homesite.

Last Agent to Sell the Property

Bill Daily

Midwest Land & Lifestyle LLC Listed on: 04/05/2021

Last Buyer's Agent

Bill Daily

Midwest Land & Lifestyle LLC Listed on: 04/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 1.07 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Aluminum or Metal Fence
  • Fruit Trees
  • Finished Lot(s)

Parking

  • Garage
  • Driveway
  • Off-Street Parking

Farming

  • Barn

Listing and Financial Details

  • Assessor Parcel Number 74-15-18-400-027.000-017

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: NE SE 18-7-6 1.07A
  • Parcel Number ID: 74-15-18-400-027.000-017
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Level, 0-2.9999, Cable Available
  • Type of Sale: Traditional
  • Miscellaneous: Fruit Trees
  • Options: Sell Entirely
  • Side Of Road: East
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Fence: Metal
  • Road Frontage: County

Garage/Parking

  • Parking: Garage, Off Street

Utilities

  • Water Utilities: City
  • Electricity Type: Available

Lot Info

  • Lot Dimensions: 1 acre +/-
  • Estimated Lot Sq Ft: 46609
  • Estimated Lot Size Acres: 1.07
  • Land Features: Barn, Garage

Tax Info

  • Annual Taxes: 254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Ee & Ca Schnell Trust
Bought by
Besing James R
Current Estimated Value
$77,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$41,620
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$35,880

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 28, 2021
Sold by
Durcholz Gordon R
Bought by
Ee And Ca Schnell Trust and Schnell
Seller's Agent
Bill Daily
Midwest Land & Lifestyle LLC
Buyer's Agent
Bill Daily
Midwest Land & Lifestyle LLC
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 16, 2015
Sold by
Starkey Gary R and Starkey Dorothy L
Bought by
Durcholz Gordon R
Seller's Agent
Scott Dixon
DIXON'S AUCTION/REALTY
Buyer's Agent
UPSTAR NonMember
Non-Member Office
List Price
$39,500
Sold Price
$33,500
Premium/Discount to List
-$6,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
May 23, 2007
Sold by
Mcintyre Jessie T
Bought by
Stanley Gary R and Stanley Dorothy L

Purchase Details

Closed on
Feb 17, 2006
Sold by
Rudisill Stanley M
Bought by
Mcintyre Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Besing James R $89,900 None Listed On Document
Ee And Ca Schnell Trust -- None Listed On Document
Durcholz Gordon R -- None Available
Stanley Gary R -- None Available
Mcintyre Jesse -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besing James R $45,000
Previous Owner Mcintyre Jesse $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $50,000 -23.1% --
04/05/2021 04/05/21 For Sale $65,000 +94.0% --
10/16/2015 10/16/15 Sold $33,500 -15.2% -- View Prior Sale
09/17/2015 09/17/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $39,500 -- --
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 $101 $27,600 $11,000 $16,600
2023 $54 $18,800 $3,800 $15,000
2022 $235 $19,500 $3,800 $15,700
2021 $252 $17,500 $3,800 $13,700
2020 $249 $16,600 $3,500 $13,100
2019 $245 $16,600 $3,500 $13,100
2018 $257 $17,000 $3,500 $13,500
2017 $245 $16,700 $3,500 $13,200
2016 $229 $16,900 $3,500 $13,400
2014 $225 $16,500 $3,500 $13,000
2013 $225 $16,200 $3,500 $12,700
Source: Public Records

Agents Affiliated with this Home

  • Bill Daily

    Seller's Agent in 2021

    Bill Daily

    Midwest Land & Lifestyle LLC

    (812) 568-8698

    118 Total Sales

    Bill Daily
    Section Image

  • S

    Seller's Agent in 2015

    Scott Dixon

    DIXON'S AUCTION/REALTY

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Aaron Mosby

    Key Associates Signature Realty

    (812) 719-0635

    29 Total Sales

    Aaron Mosby
    Section Image

  • U

    Buyer's Agent in 2015

    UPSTAR NonMember

    Non-Member Office

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202111436

Indiana Regional MLS

APN: 74-15-18-400-027.000-017

Indiana Spencer County Rockport 47635

1457 N County Road 312 W, Rockport, IN

Not Listed for Sale

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