NOT LISTED FOR SALE

1801 600 S Lebanon, IN 46052

Estimated Value: $2,467,315

158 Acres
$15,616 Price per Acre
6,882,480 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $1,738,000

Est. 42% increase in value since last sale

Current estimated payment $13,588/month

About This Lot

As of September 2020

Prime location and tremendous potential. Has frontage on both 200 E. and 600 S.

Last Agent to Sell the Property

Robbin Edwards

Encore Sotheby's International License #RB14051259 Listed on: 08/13/2020

Last Buyer's Agent

Robbin Edwards

Encore Sotheby's International License #RB14051259 Listed on: 08/13/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,850

Lot Details

  • 158 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 060305000006000013

Property Details

Property Type

Land

Est. Annual Taxes

$3,850

Lot Details

0

Listing Details

  • Type: AgricLand,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2019
  • Co List Office Phone: 317-873-5391
  • Lot Size Acres: 158
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Prime location and tremendous potential. Has frontage on both 200 E. and 600 S.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: NotApplicable
  • Topography: Level
  • Road Access: CountyRd
  • Water: NotApplic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Parcel Number: 060305000006000013
  • Zoning: ZO01
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 6,884,222
  • Improvements: None
  • Land Characteristics: Corner,Rural
  • Potential Zoning: Agricultur
  • Present Zoning: Agricultur
  • Soil Type: Loam

Tax Info

  • Tax Annual Amount: 3850
  • Semi Annual Property Tax Amt: 1925
  • Tax Exemption: None

MLS Schools

  • School District: Lebanon Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 15, 2020
Sold by
Herr Michael S
Bought by
D & E Herr Farms Llc
Seller's Agent
Robbin Edwards
Encore Sotheby's International
Buyer's Agent
Robbin Edwards
Encore Sotheby's International
List Price
$1,988,430
Sold Price
$1,738,000
Premium/Discount to List
-$250,430
-12.59%
Current Estimated Value
$2,467,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,315
Avg. Annual Appreciation
7.16%
Original Mortgage
$1,738,000
Outstanding Balance
$1,542,360
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$924,955

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 14, 2020
Sold by
Herr Mary Beth
Bought by
Herr Michael S
Seller's Agent
Robbin Edwards
Encore Sotheby's International
Buyer's Agent
Robbin Edwards
Encore Sotheby's International
List Price
$1,988,430
Sold Price
$1,738,000
Premium/Discount to List
-$250,430
-12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,738,000
Outstanding Balance
$1,542,360
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$924,955

Purchase Details

Closed on
Jul 2, 2020
Sold by
Herr Farm Llc
Bought by
Herr Mary Beth
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
D & E Herr Farms Llc -- Meridian Title
Herr Michael S -- Meridian Title
Herr Mary Beth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & E Herr Farms Llc $1,738,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $1,738,000 -12.6% --
08/13/2020 08/13/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,988,430 -- --
Source: MIBOR Broker Listing Cooperative®

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 $5,931 $410,500 $407,000 $3,500
2023 $4,920 $342,600 $339,100 $3,500
2022 $3,876 $273,700 $267,700 $6,000
2021 $3,603 $235,000 $230,200 $4,800
2020 $3,468 $233,100 $228,500 $4,600
2019 $3,950 $283,800 $278,500 $5,300
2018 $4,387 $292,200 $287,400 $4,800
2017 $4,848 $334,700 $330,100 $4,600
2016 $5,483 $354,100 $349,900 $4,200
2014 $5,097 $368,800 $365,900 $2,900
2013 $4,263 $317,000 $314,100 $2,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21728751

MIBOR Broker Listing Cooperative®

APN: 06-03-05-000-006.000-013