$345,263
SOLD APR 20, 2017

17501 Lochner Rd Spencerville, IN 46788

27.62 Acres
$12,500 Price per Acre
1,203,171 Sq Ft Lot

Recently Sold

23% Below List Price

11 Days on Market

Highlights

  • Waterfront
  • 27.62 Acre Lot
  • Creek or Stream
  • Cedarville Elementary School Rated A-
  • Agricultural

About This Lot

As of May 2021

27.621 Acres in Leo School System. Rolling property w/possible daylight or walk-out site for your Dream Home. Approx. 7 Acres of Woods along the rear of the property, per assessors office. Property has been farmed for years. Taxes are on based on 48 AC & will be less when new bills come out. Soil testing & septic installation to be at buyers expense.

Last Agent to Sell the Property

Karen Tuggle-Dize

Coldwell Banker Real Estate Group Listed on: 02/13/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Karen Tuggle-Dize

Coldwell Banker Real Estate Group Listed on: 02/13/2017

Coldwell Banker Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,082

Lot Details

  • 27.62 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Creek or Stream
  • Rural Setting
  • Barbed Wire
  • Finished Lot(s)

Schools

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

Farming

  • Agricultural

Utilities

  • Heating System Uses Gas
  • Well Required
  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$2,082

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Waterfront: Yes
  • Legal Description: 2 parcel numbers 02-03-10-200-002.000-042 1.093 Acres 02-03-10-200-002.006-042 |
  • Cross Street: Schlatter Rd
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 77.42
  • State Id: IN
  • Parcel Description: Irregular, Partially Wooded, Slope
  • Restrictions: Easements
  • Type of Sale: Private Seller
  • Side Of Road: East
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2016
  • Special Features: None

Exterior Features

  • Fence: Barb Wire
  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Water Type: Creek
  • Electricity Type: Available
  • Fuel Type: Gas
  • 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: To Be determned by a survey
  • Estimated Lot Sq Ft: 1203171
  • Estimated Lot Size Acres: 27.621
  • Easements: Yes

Tax Info

  • Annual Taxes: 2081.58

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
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 12, 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
New Conventional

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
New Conventional

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
New Conventional

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 Type Sale Price Title Company
Warranty Deed $8,400 None Available
Warranty Deed -- Centurion Land Title
Warranty Deed $380,000 Centurion Land Title Inc
Interfamily Deed Transfer -- Centurion Land Title Inc
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- Metropolitan Title Of Indian
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 New Conventional
Previous Owner $195,000 Purchase Money Mortgage
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: 201705884

Indiana Regional MLS

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