NOT LISTED FOR SALE

16975 Viberg Rd Leo, IN 46765

Estimated Value: $735,000 - $786,376

6.86 Acres
$110,887 Price per Acre
298,822 Sq Ft Lot

Last Sold June 12, 2017

Last sale price $119,000

Est. 539% increase in value since last sale

Current estimated payment $4,685/month

162 Days on Market

About This Lot

As of June 2017

Gorgeous building site, 6.86 acres, partially wooded, gentle rolling ground would work well for pond site, possible walk-out, out buildings and animals permitted, easy access to Tonkle Rd & Highway 69.

Last Agent to Sell the Property

Jeff Fields

ERA Crossroads Listed on: 11/29/2016

ERA Crossroads

Last Buyer's Agent

Troy Wieland

Wieland Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $388

Lot Details

  • 6.86 Acre Lot
  • Lot Dimensions are 366x816
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Gravel Driveway

Schools

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

Utilities

  • Well Required
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-07-400-006.000-042

Property Details

Property Type

Land

Est. Annual Taxes

$388

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: frt s 441 ft ne 1/4 se 1/4 ex n 74.15 of 310 ft sec 7 & ex w 441.1 ft |
  • Parcel Number ID: 02-03-07-400-006.000-042
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Section Number: 7
  • Sp Lp Percent: 85.06
  • Parcel Description: Partially Wooded, Slope, Undeveloped, 6-9.999
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2015 pay 2016
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Gravel

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 366x816
  • Estimated Lot Sq Ft: 298822
  • Estimated Lot Size Acres: 6.86
  • Easements: Yes

Tax Info

  • Annual Taxes: 387.82

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Rode Derek N
Bought by
Rode Derek N and Rode Jenna R
Current Estimated Value
$760,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,650
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2016
Closed on
Jun 12, 2017
Sold by
Singh Kuldeep and Singh Paramjit
Bought by
Rode Derek N
Seller's Agent
Jeff Fields
ERA Crossroads
Buyer's Agent
Troy Wieland
Wieland Real Estate
List Price
$139,900
Sold Price
$119,000
Premium/Discount to List
-$20,900
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.61%
Original Mortgage
$107,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2015
Sold by
Singh Kuldeep and Singh Paramjit
Bought by
Miner Christopher and Miner Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,950
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Cooper Terry J and Cooper Laura
Bought by
Singh Kuldeep and Singh Paramjit
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
Rode Derek N -- Metropolitan Title Of In Llc
Rode Derek N $119,000 Fidelity Natl Title Co Llc
Miner Christopher -- Centurion Land Title Inc
Singh Kuldeep -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rode Derek N $316,000
Closed Rode Derek N $316,000
Closed Rode Derek N $317,650
Closed Rode Derek N $107,000
Previous Owner Miner Christopher $471,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $119,000 -14.9% --
05/10/2017 05/10/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $139,900 -- --
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 $6,582 $737,100 $166,500 $570,600
2023 $6,540 $702,100 $144,800 $557,300
2022 $5,379 $581,500 $144,800 $436,700
2021 $4,835 $483,400 $144,800 $338,600
2020 $4,776 $466,600 $144,800 $321,800
2019 $4,240 $460,100 $144,800 $315,300
2018 $1,287 $117,500 $117,500 $0
2017 $204 $12,300 $12,300 $0
2016 $216 $13,000 $13,000 $0
2014 $394 $23,900 $23,900 $0
2013 $348 $20,500 $20,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201653358

Indiana Regional MLS

APN: 02-03-07-400-006.000-042