NOT LISTED FOR SALE

Estimated Value: $567,000 - $751,000

8 Acres
$79,071 Price per Acre
348,480 Sq Ft Lot

Last Sold July 29, 2016

Last sale price $160,000 $82 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $3,908/month

98 Days on Market

Highlights

  • 8 Acre Lot
  • Homestead Senior High School Rated A
  • Agricultural

About This Lot

As of July 2016

PLEASE SEE DIAGRAM FOR ESTIMATE OF 32 ACRES BEING PARCELED OFF, DIVIDED INTO 8 ACRES APIECE. The 32-acre parcel is a portion of the 68 total acres registered with the address of 15023 Aboite Center Road. The portion for sale is located off of County Line Road (toward Liberty Mills Road) and will need to be recorded by the new owner in order for the new street address to be assigned by the county registrar’s office. These 32 acres are mostly wooded and are currently zoned as Agricultural, but would also be wonderful Residential acreage as well, since it is adjacent to Winding Brook Farms and also near Heron Preserve. This land would be ideal for farming or make prime investment property for development, since it is near all the Aboite Township amenities --just minutes away from Jefferson Blvd/HWY 24, Coventry Village, movie theatres, restaurants, Kroger Market Place and only 7.9 miles away from Jefferson Pointe Mall.

Last Agent to Sell the Property

Lynn Reecer

Reecer Real Estate Advisors Listed on: 03/07/2016

Last Buyer's Agent

Joseph Sullivan

Sullivan Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 8 Acre Lot
  • Finished Lot(s)
  • Subdivision Possible

Schools

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

Additional Features

  • Agricultural
  • Well Required

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 1-19-1-024 FRL NW1/4 EX S 200 OF N 989.1 OF E 200 OF W 1198.7 FT SEC 19 |
  • Cross Street: W County Line Road S
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 19
  • Sp Lp Percent: 80
  • Parcel Description: Heavily Wooded, 15+
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available

Schools

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

Lot Info

  • Lot Dimensions: 0x0x0x0
  • Estimated Lot Sq Ft: 348480
  • Estimated Lot Size Acres: 8

Tax Info

  • Annual Taxes: 898

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

Listed on
Mar 7, 2016
Closed on
Apr 1, 2016
Sold by
Selzer Angela L and Selzer Jeremy J
Bought by
Sullivan Ryan and Sullivan Monica
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Joseph Sullivan
Sullivan Associates
List Price
$199,992
Sold Price
$152,000
Premium/Discount to List
-$47,992
-24%
Current Estimated Value
$632,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,566
Avg. Annual Appreciation
16.36%
Original Mortgage
$117,391
Outstanding Balance
$51,949
Interest Rate
3.62%
Estimated Equity
$580,617

Purchase Details

Closed on
Jan 27, 2015
Sold by
Selzer John C and Alvar Jennifer M
Bought by
Alvar Jennifer M
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
Sullivan Ryan -- Metropolitan Title Of In Llc
Alvar Jennifer M -- None Available
Selzer John C -- None Available
Selzer John C -- None Available
Selzer Angela L -- None Available
The Estate Of Robert J Selzer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Ryan $117,391
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $160,000 -20.0% $82 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $199,992 -- $102 / Sq Ft
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 $6,816 $428,100 $122,000 $306,100
2022 $4,893 $351,200 $121,300 $229,900
2021 $4,484 $306,500 $121,100 $185,400
2020 $4,552 $304,400 $121,100 $183,300
2019 $4,729 $305,900 $121,300 $184,600
2018 $4,568 $297,900 $121,400 $176,500
2017 $4,633 $282,300 $121,600 $160,700
2016 $4,786 $283,600 $121,700 $161,900
2014 $898 $175,200 $97,500 $77,700
2013 $858 $166,700 $95,000 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201608779

Indiana Regional MLS

APN: 02-11-19-100-001.000-038