NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,027,770

0.55 Acre
$1,654,681 Price per Acre
24,132 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $82,500

Est. 1,011% increase in value since last sale

Current estimated payment $5,654/month

11 Days on Market

About This Lot

As of May 2014

This is a gated community. Gate is manned 12 hours per day. Annual association dues are $2,500.00.

Last Agent to Sell the Property

Michael Thomas

Mike Thomas Assoc., Inc Listed on: 09/25/2013

Mike Thomas Assoc., Inc

Co-Listed By

Jennifer Thomas

Mike Thomas Assoc., Inc

Last Buyer's Agent

Richard Watson

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,027

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 109x173x155x178
  • Property fronts a county road
  • Finished Lot(s)

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Garage

Schools

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

Utilities

  • Heating System Uses Gas
  • Water Tap or Transfer Fee

Community Details

  • Heron Preserve Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$7,027

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: HERON PRESERVE SEC IV LOT 88 |
  • Location: Subdivision
  • Road Access: County
  • Section Number: 4
  • Sp Lp Percent: 91.67
  • State Id: ----.-
  • Parcel Description: Lake
  • Restrictions: Access Fee, Restrictions, Sidewalk Required, SqFt Restrictions, Tap Fee
  • Type of Sale: Traditional
  • Type Use: Residential
  • Year Taxes Payable: 2013
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

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

Condo/Co-op/Association

  • Association Fees: 2500
  • Association Fees Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 109x173x155x178
  • Estimated Lot Sq Ft: 24132
  • Estimated Lot Size Acres: 0.554
  • Lot Number: 88
  • Easements: Yes
  • Land Features: Garage

Tax Info

  • Annual Taxes: 31

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
Dec 20, 2016
Sold by
Palmatial Homesinc
Bought by
Mann Onkar
Current Estimated Value
$916,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,203
Interest Rate
3.57%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2016
Sold by
Mira Hamid A
Bought by
Palatial Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,125
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 25, 2013
Closed on
Jul 16, 2014
Sold by
Palatial Homes Inc
Bought by
Mira Hamld A
Seller's Agent
Michael Thomas
Mike Thomas Assoc., Inc
Buyer's Agent
Richard Watson
Mike Thomas Assoc., Inc
List Price
$90,000
Sold Price
$82,500
Premium/Discount to List
-$7,500
-8.33%

Purchase Details

Closed on
Jan 20, 2014
Sold by
Heron Developers Llc Ii
Bought by
Palatial Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Mann Onkar -- Renaissance Title
Palatial Homes Inc -- Renaissance Title
Mira Hamld A -- Renaissance Title
Palatial Homes Inc -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mann Onkar $378,203
Previous Owner Palatial Homes Inc $85,125
Previous Owner Palatial Homes Inc $61,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $82,500 -8.3% --
10/06/2013 10/06/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $90,000 -- --
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 $7,027 $937,800 $156,400 $781,400
2023 $6,997 $824,700 $156,400 $668,300
2022 $5,826 $723,600 $95,700 $627,900
2021 $5,254 $640,800 $95,700 $545,100
2020 $4,951 $597,400 $95,700 $501,700
2019 $5,012 $585,200 $95,700 $489,500
2018 $4,866 $573,700 $95,700 $478,000
2017 $458 $95,700 $95,700 $0
2016 $1,618 $95,700 $95,700 $0
2014 $29 $1,700 $1,700 $0
2013 $31 $1,700 $1,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201314293

Indiana Regional MLS

APN: 02-11-18-407-011.000-038