$118,000
SOLD MAR 19, 2025

17727 Castlefeane Ct Leo, IN 46765

0.71 Acre
$166,197 Price per Acre
30,928 Sq Ft Lot

Recently Sold

6% Below List Price

256 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Home to be built
  • Cedarville Elementary School Rated A-

About This Lot

As of March 2025

Tullymore Run large water front lot in the Reserves.

Last Agent to Sell the Property

Michael McKinney

Mike Thomas Assoc., Inc Listed on: 06/04/2024

Mike Thomas Assoc., Inc

Last Buyer's Agent

Evan Riecke

Encore Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,036

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 114 x 200 x 213 x 200
  • Waterfront
  • Finished Lot(s)

Home Design

  • Home to be built

Parking

  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-128-013.000-042

Community Details

Overview

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

Recreation

  • Waterfront Owned by Association
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$2,036

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Tullymore Run Sec 2 Lot 55
  • Parcel Number ID: 02-03-10-128-013.000-042
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.8
  • Parcel Description: Level, Waterfront
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Will Build to Suit
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Water Features: Assoc
  • Road Frontage: City

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: City
  • Water Type: Pond
  • 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: 114 X 200 X 213 X 200
  • Estimated Lot Sq Ft: 31111
  • Estimated Lot Size Acres: 0.71

Tax Info

  • Annual Taxes: 2036.28

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
Jun 4, 2024
Closed on
Mar 17, 2025
Sold by
Nierman Robert T and Nierman Morgan A
Bought by
J & K Contractors Inc
Seller's Agent
Michael McKinney
Mike Thomas Assoc., Inc
Buyer's Agent
Evan Riecke
Encore Sotheby's International Realty
List Price
$124,900
Sold Price
$118,000
Premium/Discount to List
-$6,900
-5.52%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$681,477
Outstanding Balance
$571,406
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
-$453,406

Purchase Details

Closed on
Dec 8, 2023
Sold by
Timberlin Homes Llc
Bought by
Nierman Robert T and Nierman Morgan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.76%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 14, 2022
Sold by
Anderson Wesley P and Anderson Katherine M
Bought by
Timberlin Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 20, 2021
Sold by
Timberlin Homes Llc
Bought by
Anderson Wesley P and Anderson Katherine M

Purchase Details

Closed on
Jan 17, 2020
Sold by
Tullymore Run Llc
Bought by
Timberlin Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.73%
Mortgage Type
Credit Line Revolving
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 $118,000 None Listed On Document
Deed $121,900 None Listed On Document
Warranty Deed -- --
Warranty Deed $121,900 Renaissance Title
Deed -- Fidelity National Ttl Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $681,477 Construction
Closed $681,477 Construction
Previous Owner $103,600 Balloon
Previous Owner $1,000,000 Construction
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $999,000 +746.6% $213 / Sq Ft
03/19/2025 03/19/25 Sold $118,000 -3.2% --
02/15/2025 02/15/25 Pending -- -- --
09/21/2024 09/21/24 Price Changed $121,900 -2.4% --
06/04/2024 06/04/24 For Sale $124,900 -- --
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 $2,036 $120,400 $120,400 --
2023 $1,986 $120,400 $120,400 $0
2022 $1,850 $120,400 $120,400 $0
2021 $15 $900 $900 $0
2020 $65 $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202420131

Indiana Regional MLS

APN: 02-03-10-128-013.000-042