NOT LISTED FOR SALE

15446 Annabelle Place Leo, IN 46765

68 Acres
-- Price per Acre
2,949,012 Sq Ft Lot

Last Sold October 15, 2013

Last sale price $677,000 $361 Per Sq Ft

205 Days on Market

Highlights

  • 67.7 Acre Lot
  • Cedarville Elementary School Rated A-
  • Agricultural

About This Lot

As of October 2013

RARELY AVAILABLE LARGE PARCEL-offers a wonderful large development type property or large acre estates with sewer across the street: mostly rolling and sloping acres, presently farmed, includes a small amount of minor wetland area, ideally suited for a retention pond. All homes built could qualify for the Rural Development USDA type financing (USDA restrictions apply). There’s a tree-lined ditch that boarders the south boundary and a large wooded area with single family estates on larger acreage parcels bordering the north boundary. Potentially, 141-153 lots could be realized with 2-4 retention pond areas, making for a very attractive layout. Nowadays, there is just not enough building lots available in this area that specifically qualify for zero down payment financing! This is due to the fact most developers have been absorbing their existing inventory of lots over the last 4 years. All developers take notice: if you need a partner to participate, let us know, we're already on it!

Last Listed By

Ken Steury

Coldwell Banker Real Estate Group Listed on: 02/22/2012

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,842

Year Built

  • 1986

Lot Details

  • 67.7 Acre Lot
  • Lot Dimensions are 1883x1178x1629x1613
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Heating System Uses Gas
  • Private Water Source

Additional Features

  • City Lot
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 02-03-16-351-001.000-082

Property Details

Property Type

Land

Est. Annual Taxes

$1,842

Year Built

1986

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Pt of SW 1/4 Sec 16, T32N, R13E, containing apprx 67.7 acres +/- w/additional 7.2 ac parcel possible |
  • Parcel Number ID: 02-03-16-351-001.000-082
  • Platted: Yes
  • Cross Street: Halter Road
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Section Number: 16
  • Sp Lp Percent: 83.58
  • Parcel Description: Slope
  • Restrictions: Tap Fee
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Type Use: Agriculture
  • Year Taxes Payable: 2013
  • Special Features: None
  • Year Built: 1986

Exterior Features

  • Road Frontage: City

Utilities

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

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Cedarville

Lot Info

  • Lot Dimensions: 1883x1178x1629x1613
  • Estimated Lot Sq Ft: 2949012
  • Estimated Lot Size Acres: 67.7
  • Easements: Yes

Tax Info

  • Annual Taxes: 1842

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $677,000 -16.4% $361 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $810,000 -- $432 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201201949

Indiana Regional MLS

APN: 02-03-16-301-006.000-082