NOT LISTED FOR SALE

15901 Amstutz Rd Leo, IN 46765

Estimated Value: $269,971 - $346,000

6.21 Acres
$49,587 Price per Acre
270,551 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $164,000

Est. 88% increase in value since last sale

Current estimated payment $1,667/month

17 Days on Market

Highlights

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

About This Lot

As of October 2019

6.211 acres is in CRP. It expires October 2018. Buyer will be responsible for early payoff if they break before 10/18. Restrictive covenants not completed. Current Easement is being reviewed and possibly modified. Hopefully completed by June. If buyer splits into 3 lots Track 1 driveway is to be off of Amstutz Rd, not the easement. Track 2 and 3 can be off of easement. Track 1 & 2 houses to be on the south half facing north. Well and Septic at buyer's expense. Close to Leo High School, Leo Elementary.

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 05/10/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 05/10/2018

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $749

Lot Details

  • 6.21 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Leo Elementary And Middle School
  • Leo High School

Farming

  • Agricultural

Utilities

  • Heating System Uses Gas
  • Well Required
  • Septic System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-16-200-004.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$749

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT OF S 406 OF N 604 FT S1/2 NE1/4 SEC 16 TRACKS 1,2,3 6.211 ACRES |
  • Parcel Number ID: 02-03-16-200-004.000-042
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Level
  • Restrictions: Covenants, Easements, Restrictions
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Septic

Schools

  • Elementary School: Leo

Lot Info

  • Estimated Lot Sq Ft: 270551
  • Estimated Lot Size Acres: 6.211
  • Easements: Yes

Tax Info

  • Annual Taxes: 748.88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Oct 31, 2019
Sold by
Crawford Rachel and Crawford Christopher
Bought by
Loeffler Anthony L and Loeffler Carrie B
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$167,900
Sold Price
$164,000
Premium/Discount to List
-$3,900
-2.32%
Current Estimated Value
$307,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,986
Avg. Annual Appreciation
10.94%
Original Mortgage
$3,131,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2012
Closed on
Mar 12, 2012
Sold by
Schmucker Steven
Bought by
Crawford Rachel and Crawford Christopher
Seller's Agent
James Witmer
Premier Inc., REALTORS
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$131,700
Sold Price
$243,700
Premium/Discount to List
$112,000
85.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.05%
Original Mortgage
$115,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Budden Connie S
Bought by
Schmucker Steven
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
Loeffler Anthony L -- Metropolitan Title Of In Llc
Crawford Rachel -- Metropolitan Title Of In
Schmucker Steven -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Loeffler Anthony L $3,131,200
Previous Owner Crawford Rachel $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2019 10/31/19 Sold $164,000 -2.3% --
05/27/2018 05/27/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $167,900 -31.1% --
03/12/2012 03/12/12 Sold $243,700 +85.0% -- View Prior Sale
02/09/2012 02/09/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $131,700 -- --
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 $475 $34,200 $34,200 --
2022 $346 $22,500 $22,500 $0
2021 $316 $19,300 $19,300 $0
2020 $352 $19,200 $19,200 $0
2019 $468 $30,600 $30,600 $0
2018 $505 $31,600 $31,600 $0
2017 $606 $36,300 $36,300 $0
2016 $645 $38,500 $38,500 $0
2014 $663 $40,200 $40,200 $0
2013 $585 $34,500 $34,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Swartz

    Seller's Agent in 2019

    Joyce Swartz

    Coldwell Banker Real Estate Group

    (260) 438-3835

    46 in this area

    185 Total Sales

    Joyce Swartz
    Section Image

  • J

    Seller's Agent in 2012

    James Witmer

    Premier Inc., REALTORS

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201819414

Indiana Regional MLS

APN: 02-03-16-200-004.000-042

Indiana Allen County Leo 46765

15901 Amstutz Rd, Leo, IN

Not Listed for Sale

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