NOT LISTED FOR SALE

17501 Lochner Rd Spencerville, IN 46788

Estimated Value: $485,409

18 Acres
$26,598 Price per Acre
794,970 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $350,000

Est. 39% increase in value since last sale

Current estimated payment $2,717/month

4 Days on Market

Highlights

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

About This Lot

As of May 2021

Look No Further! Welcome to your new build site, A quite country setting boasting 18.47 acres, partially wooded lot, and small wetland (Pond) area in the back. This amazingly tranquil lot backs up to the former Cedar Creek Golf course. City/Public utilities are possible here with connection into the Tullymore Run subdivision. Build your dream home, pole barn, pond, and anything else your heart desires and surround yourself with nature all awhile being in the highly desirable East Allen County School District and easy access to shopping.

Last Agent to Sell the Property

Justin Longardner

CENTURY 21 Bradley Realty, Inc Listed on: 03/17/2021

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Matthew Donahue

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $688

Lot Details

  • 18.25 Acre Lot
  • Lot Dimensions are 657' x 1330'
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Farming

  • Livestock Fence
  • Agricultural

Utilities

  • Private Water Source
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-200-002.007-042

Property Details

Property Type

Land

Est. Annual Taxes

$688

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: S 1/2 NW 1/4 NE 1/4 Sec 10
  • Parcel Number ID: 02-03-10-200-002.007-042
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 87.72
  • Parcel Description: Partially Wooded, Tillable
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture, Residential, Recreational
  • Special Features: None

Exterior Features

  • Fence: Farm
  • Road Frontage: County

Utilities

  • Water Utilities: Private, Available
  • Electricity Type: Available
  • Sewer Type: Private, Septic

Schools

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

Lot Info

  • Lot Dimensions: 657' X 1330'
  • Estimated Lot Sq Ft: 794970
  • Estimated Lot Size Acres: 18.25
  • Easements: Yes

Tax Info

  • Annual Taxes: 687.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Wagler Reuben and Wagler Margaret
Bought by
Miller Raymond Allen
Current Estimated Value
$485,409

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 3, 2021
Sold by
Miller Raymond Allen
Bought by
Wagler Reuben and Wagler Margaret
Seller's Agent
Justin Longardner
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Matthew Donahue
CENTURY 21 Bradley Realty, Inc
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 17, 2021
Closed on
Mar 16, 2021
Sold by
Miller Raymond Allen
Bought by
Miller Raymond Allen
Seller's Agent
Justin Longardner
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Matthew Donahue
CENTURY 21 Bradley Realty, Inc
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2020
Sold by
Allen Miller Raymond
Bought by
Verti-Cal Real Estate Llc

Purchase Details

Closed on
Apr 9, 2020
Sold by
Allen Miller Raymond
Bought by
Vertical Real Estate Llc

Purchase Details

Listed on
Feb 13, 2017
Closed on
May 20, 2017
Sold by
Smith Gloria Margean
Bought by
Tullis James Mark and Tullis Darlene A
Seller's Agent
Karen Tuggle-Dize
Coldwell Banker Real Estate Group
Buyer's Agent
Karen Tuggle-Dize
Coldwell Banker Real Estate Group
List Price
$445,950
Sold Price
$345,263
Premium/Discount to List
-$100,687
-22.58%

Purchase Details

Listed on
Feb 13, 2017
Closed on
Apr 20, 2017
Sold by
Smith Gloria Margaean
Bought by
Heath Shane and Heath Kelli
Seller's Agent
Karen Tuggle-Dize
Coldwell Banker Real Estate Group
Buyer's Agent
Karen Tuggle-Dize
Coldwell Banker Real Estate Group
List Price
$445,950
Sold Price
$345,263
Premium/Discount to List
-$100,687
-22.58%
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
Miller Raymond Allen $8,400 None Available
Wagler Reuben $380,000 Centurion Land Title Inc
Miller Raymond Allen -- Centurion Land Title Inc
Verti-Cal Real Estate Llc -- --
Vertical Real Estate Llc -- --
Tullis James Mark -- Metropolitan Title Of Indian
Heath Shane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagler Reuben $195,000
Previous Owner Vertical Real Estate Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $350,000 -12.3% --
03/21/2021 03/21/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $399,000 +15.6% --
04/20/2017 04/20/17 Sold $345,263 -22.6% --
02/24/2017 02/24/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $445,950 -- --
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 $436 $31,700 $31,700 --
2023 $436 $26,400 $26,400 $0
2022 $271 $20,900 $20,900 $0
2021 $685 $41,900 $41,900 $0
2020 $701 $41,700 $41,700 $0
2019 $688 $45,500 $45,500 $0
2018 $678 $42,800 $42,800 $0
2017 $764 $46,100 $46,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202106760

Indiana Regional MLS

APN: 02-03-10-200-002.007-042