NOT LISTED FOR SALE

1843 W 400 S Albion, IN 46701

Estimated Value: $289,000 - $2,550,360

217 Acres
$6,542 Price per Acre
9,452,520 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $2,250,000 $1,325 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $8,372/month

97 Days on Market

Highlights

  • 217 Acre Lot
  • Wood Frame Window
  • 1-Story Property
  • Pole Barn
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Lot

As of June 2022

This beautiful 217 acre farm with over a mile of road frontage, and approximately 40 acres of professionally managed woods has been owned by the same family since the 1800's, and the time has come for them to offer it to a new family. There is a 2 bedroom, 1 bathroom home with an oversized 2 car garage, in addition to a 64x40 machinery barn, with a 20x64 addition that houses a workshop and more storage. The original bank barn built in the 1800's is in amazing condition, and has hardwood flooring out of their personal woods. The farm ground is tiled, stocked pond, and the correctly managed woods produces unbelievable timber harvests every several years in addition to amazing hunting, trails and just good old fashioned fun.

Last Agent to Sell the Property

Denise Sinn

Keller Williams Indy Metro S Listed on: 09/28/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,224

Year Built

  • Built in 1920

Lot Details

  • 217 Acre Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Partial Basement

Kitchen

  • Gas Oven
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 571926100005000009

Property Details

Property Type

Land

Est. Annual Taxes

$6,224

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Type: AgricLand,RowCrop
  • Property Sub Type: Farm
  • Property Type: Farm
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1920
  • Building Area Total: 1698
  • Garage Y N: Yes
  • Lot Size Acres: 217
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Miscellaneous: AerialPhot
  • Residence: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Microwave, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood
  • Other Equipment: Not Applicable
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1132
  • Main Level Sq Ft: 1132
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 566
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Barn Storage, Driveway Gravel, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 2500000
  • Other Structures: Cattle Barn, Dairy Barn, Pole Barn, Utility Buildings(s)
  • Topography: Cleared,Hilly,Pond,Wooded
  • Porch: Deck Main Level,Glass Enclosed Porch
  • Road Access: CountyRd,Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Propane
  • Garage Parking Description: Attached
  • Garage Sq Ft: 768

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0

Lot Info

  • Parcel Number: 571926100005000009
  • Acres: >20 Acres
  • Lot Number: 0
  • Soil Type: NotApplic
  • Pasture Acres: 27.0000
  • Tillable Acres: 150.0000
  • Wooded Acres: 40.0000

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 6224
  • Semi Annual Property Tax Amt: 3112
  • Tax Exemption: HomesteadTaxExemption
  • Multiple Tax I D: 5719261000060000009

MLS Schools

  • School District: Central Noble Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Sih Llc
Bought by
Shank Kerry
Total Days on Market
97
Current Estimated Value
$1,419,680

Purchase Details

Listed on
Sep 28, 2021
Closed on
Jun 2, 2022
Sold by
Ottfarm 1835 Llc
Bought by
Sih Llc
Seller's Agent
Denise Sinn
Keller Williams Indy Metro S
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$2,500,000
Sold Price
$2,250,000
Premium/Discount to List
-$250,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.58%
Source: Public Records

Range of Values:

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Average Value
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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
Shank Kerry $2,250,000 Metropolitan Title Of Indiana
Sih Llc $2,250,000 Assurance Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $2,250,000 -10.0% $1,325 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
09/28/2021 09/28/21 For Sale $2,500,000 -- $1,472 / Sq Ft
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 $8,356 $638,000 $400,500 $237,500
2023 $8,356 $511,400 $347,400 $164,000
2022 $6,141 $447,900 $290,100 $157,800
2021 $5,012 $383,100 $250,500 $132,600
2020 $5,764 $362,400 $235,900 $126,500
2019 $6,028 $385,900 $271,700 $114,200
2018 $6,173 $388,100 $277,200 $110,900
2017 $6,185 $400,600 $293,900 $106,700
2016 $6,132 $407,600 $308,000 $99,600
2014 $4,595 $412,500 $319,700 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21815951

MIBOR Broker Listing Cooperative®

APN: 571926100006000009