NOT LISTED FOR SALE

1849 N Mountain Lake Rd Albion, IN 46701

Estimated Value: $22,140 - $229,000

0.86 Acre
$106,256 Price per Acre
37,462 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $16,000 $18 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $420/month

224 Days on Market

About This Lot

As of February 2021

What an opportunity to get access to beautiful Lower Long Lake. This corner property boasts both wooded and grassy areas. Plus it's rolling making it a perfect site for a walk-out basement if you so desire. There is a majestic tree that is the centerpiece of this parcel! You will enjoy the abundance of wild raspberries growing along the property. The current owners have already gotten soil sampling completed and a septic system permit along with a driveway permit. The work is done, now the building can begin! The property also comes with an approx 14 x 49 deeded lake access. Pontoons or fishing boats allowed - just a no wake lake. Lower Long Lake boasts a variety of fish including Bass, Bluegill, Catfish, Crappie, Gar, Perch, Pickerel, and Sunfish! It's truly peaceful and beautiful. You must take a drive out there to experience it!

Last Agent to Sell the Property

Mary Anne Taylor

North Eastern Group Realty Listed on: 07/06/2020

North Eastern Group Realty

Last Buyer's Agent

Mary Anne Taylor

North Eastern Group Realty Listed on: 07/06/2020

North Eastern Group Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.86 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Utilities

  • Well Required
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 57-15-28-100-105.000-021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PHEASANT COVE LOT 105 & 105 B
  • Parcel Number ID: 57-15-28-100-105.000-021
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Corner, Partially Wooded, Slope
  • Restrictions: Restrictions
  • Type of Sale: Private Seller
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well Needed
  • Sewer Type: Septic

Lot Info

  • Lot Dimensions: IRREG
  • Estimated Lot Sq Ft: 37462
  • Estimated Lot Size Acres: 0.86

Tax Info

  • Annual Taxes: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Feb 24, 2021
Sold by
Lien and Carolyn
Bought by
Davis Christopher L
Seller's Agent
Mary Anne Taylor
North Eastern Group Realty
Buyer's Agent
Mary Anne Taylor
North Eastern Group Realty
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$75,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,363
Avg. Annual Appreciation
43.76%

Purchase Details

Closed on
Apr 13, 2017
Sold by
Rose Langton
Bought by
Perry Weeks L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Christopher L -- North American Title
Perry Weeks L -- Attorney Only
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $16,000 -5.3% $18 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $16,900 -15.1% $19 / Sq Ft
07/06/2020 07/06/20 For Sale $19,900 -- $22 / Sq Ft
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 $286 $19,600 $19,600 $0
2023 $272 $18,900 $18,900 $0
2022 $172 $13,200 $13,200 $0
2021 $149 $11,700 $11,700 $0
2020 $164 $9,800 $9,800 $0
2019 $153 $9,300 $9,300 $0
2018 $156 $9,300 $9,300 $0
2017 $587 $40,000 $16,300 $23,700
2016 $567 $40,500 $15,900 $24,600
2014 $523 $39,500 $15,900 $23,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Anne Taylor

    Seller's Agent in 2021

    Mary Anne Taylor

    North Eastern Group Realty

    (260) 235-1421

    227 Total Sales

    Mary Anne Taylor
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Map

Source: Indiana Regional MLS

MLS Number: 202025679

Indiana Regional MLS

APN: 571528100105000021

Indiana Noble County Albion 46701

1849 N Mountain Lake Rd, Albion, IN

Not Listed for Sale

Lots

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Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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