NOT LISTED FOR SALE

1475 N Lexington Rd Unit 70 Marion, IN 46952

Shady Hills Neighborhood

Estimated Value: $43,000 - $50,000

0.54 Acre
$86,111 Price per Acre
23,522 Sq Ft Lot

Last Sold July 07, 2022

Last sale price $28,000

Est. 66% increase in value since last sale

Current estimated payment $315/month

381 Days on Market

About This Lot

As of July 2022

LAST CALL! This is the very last available vacant building lot in Crane Pond Farms "Original" section! Half Acre, 90x260 lot is located on dead end cul-de-sac street. Country views backing up to the west. Edge of Town Neighborhood features close proximity to grocery & schools. Neighborhood features sidewalks & appealing entrances. Available Immediately! Build Your Dream Home NOW!

Last Listed By

Joe Schroder

RE/MAX Realty One Listed on: 06/16/2021

RE/MAX Realty One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $396

Year Built

  • 2023

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 90x260
  • Finished Lot(s)

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Driveway

Schools

  • Kendall/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Additional Features

  • City Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-03-35-100-010.217-023

Community Details

Overview

  • Crane Pond Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Owned by Association

Property Details

Property Type

Land

Est. Annual Taxes

$396

Year Built

2023

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: LOT 70; CRANE POND FARMS SUB DIV SEC 4; CONT; .54A
  • Parcel Number ID: 27-03-35-100-010.217-023
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 4
  • Sp Lp Percent: 80.23
  • Parcel Description: Level
  • Road Frontage Description: LEXINGTON DRIVE
  • Restrictions: Sidewalk Required, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Residential
  • Year Taxes Payable: 2021
  • Special Features: None
  • Year Built (Public Record): 2023

Exterior Features

  • Water Features: Assoc
  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Marion Utilities
  • Cable Company: Spectrum
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Annually

Schools

  • School District: Marion Community Schools
  • Elementary School: Kendall/Justice
  • Middle School: McCulloch/Justice
  • High School: Marion
  • Elementary School: Kendall/Justice

Lot Info

  • Lot Dimensions: 90x260
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54
  • Lot Number: 70
  • Improvements: Storm Sewers, Street Lights

Tax Info

  • Annual Taxes: 396

MLS Schools

  • High School: Marion
  • Middle School: McCulloch/Justice
  • School District: Marion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Hayes Jordan R
Bought by
Hayes Jordan R and Booher David G
Total Days on Market
381
Current Estimated Value
$46,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Outstanding Balance
$240,402
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$190,735

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 7, 2022
Sold by
Rademaker Andrea L
Bought by
Hayes Jordan R
Seller's Agent
Joe Schroder
RE/MAX Realty One
Buyer's Agent
Joe Schroder
RE/MAX Realty One
List Price
$34,900
Sold Price
$28,000
Premium/Discount to List
-$6,900
-19.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%

Purchase Details

Closed on
Feb 23, 2021
Sold by
Recometa Amber N
Bought by
Rademaker Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 2, 2015
Sold by
Tyson Rick
Bought by
Recometa Amber N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,800
Interest Rate
0.78%
Mortgage Type
Unknown

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
Hayes Jordan R -- None Listed On Document
Hayes Jordan R -- None Listed On Document
Rademaker Andrea L -- None Available
Recometa Amber N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Jordan R $245,700
Previous Owner Rademaker Andrea L $24,000
Previous Owner Recometa Amber N $20,800
Previous Owner Baker Patricia P $21,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $28,000 -19.8% --
07/02/2022 07/02/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $34,900 +24.6% --
06/15/2022 06/15/22 Off Market $28,000 -- --
04/15/2022 04/15/22 Price Changed $34,900 -6.9% --
06/16/2021 06/16/21 For Sale $37,500 -- --
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 $2,245 $224,500 $20,300 $204,200
2023 $459 $15,300 $15,300 $0
2022 $396 $13,200 $13,200 $0
2021 $396 $13,200 $13,200 $0
2020 $396 $13,200 $13,200 $0
2019 $396 $13,200 $13,200 $0
2018 $401 $13,200 $13,200 $0
2017 $401 $13,200 $13,200 $0
2016 $423 $14,100 $14,100 $0
2014 $549 $18,300 $18,300 $0
2013 $549 $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202123034

Indiana Regional MLS

APN: 27-03-35-100-010.217-023