NOT LISTED FOR SALE

18013 Mcnabb Rd Unit 9 Spencerville, IN 46788

Estimated Value: $874,000 - $980,000

5 Acres
$181,147 Price per Acre
217,800 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $100,000

Est. 806% increase in value since last sale

Current estimated payment $5,609/month

24 Days on Market

Highlights

  • Waterfront
  • Cedarville Elementary School Rated A-
  • Lake, Pond or Stream

About This Lot

As of May 2019

Build your dream home on this picturesque 5 acre lot in Leo Schools! Enjoy views and use of the large pond, access the property via an easement with paved private drive, and realize costs savings by connecting to the utilities that are already present at the property! Minutes away from the new development on Dupont Road, Parkview Hospital, 69, and Dupont YMCA. Priced to sell at $119,900!

Last Listed By

Troy Wieland

Wieland Real Estate Listed on: 03/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,059

Year Built

  • 2019

Lot Details

  • 5 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)

Parking

  • Driveway

Schools

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

Utilities

  • Heating System Uses Gas
  • Well Required
  • Septic System

Community Details

Overview

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

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$7,059

Year Built

2019

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Parcel number and legal description TBD.
  • Parcel Number ID: 00-00-00-000-000.000-000
  • Platted: Yes
  • Location: Rural
  • Road Access: Easement
  • Road Surface: Asphalt
  • Sp Lp Percent: 100.1
  • Parcel Description: Slope, Waterfront, 3-5.9999, Water View
  • Restrictions: Covenants, Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None
  • Year Built (Public Record): 2019

Exterior Features

  • Road Frontage: Easement

Utilities

  • Water Utilities: Well Needed
  • Water Type: Pond
  • 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

  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5
  • Lot Number: 9
  • Easements: Yes

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
Oct 18, 2024
Sold by
Mondragon-Nova Gerardo
Bought by
Clendenin Franklin D and Clendenin Katie L
Total Days on Market
24
Current Estimated Value
$905,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$373,185
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$532,550

Purchase Details

Closed on
May 17, 2022
Sold by
Mondragon Blanca E
Bought by
Mondragon-Nova Gerardo

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
Clendenin Franklin D $875,000 Fidelity National Title
Mondragon-Nova Gerardo -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clendenin Franklin D $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $100,000 +0.1% --
04/12/2019 04/12/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $99,900 -16.7% --
03/19/2019 03/19/19 For Sale $119,900 -- --
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 $7,059 $763,200 $122,400 $640,800
2023 $7,059 $753,900 $105,900 $648,000
2022 $6,219 $665,600 $105,900 $559,700
2021 $5,423 $538,100 $105,900 $432,200
2020 $5,091 $302,800 $105,900 $196,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201909496

Indiana Regional MLS

APN: 02-03-01-300-009.004-042