NOT LISTED FOR SALE

1885 E Vandalia Rd Flat Rock, IN 47234

Estimated Value: $24,000 - $194,000

0.5 Acre
$246,300 Price per Acre
21,780 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $16,000 $40 Per Sq Ft

Est. 670% increase in value since last sale

Current estimated payment $685/month

8 Days on Market

About This Lot

As of December 2024

This beautiful piece of property is aside the Flatrock River! It was 3 parcels combined into one and now totals a half acre. It does have a dry cabin and out house, which are both sold "as-is." The well was dry long ago and there are utilities nearby. Great location for a little getaway.

Last Agent to Sell the Property

Doug Dilling

United Real Estate Indianapolis Brokerage Email: doug@dillinggrouprealestate.com Listed on: 11/23/2024

United Real Estate Indianapolis

Last Buyer's Agent

Doug Dilling

United Real Estate Indianapolis Brokerage Email: doug@dillinggrouprealestate.com Listed on: 11/23/2024

United Real Estate Indianapolis

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • 80 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Southwestern Elementary And Middle School
  • Southwestern High School

Utilities

  • The river is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 73-15-16-400-033.000-021
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: S2 E2 Se 16 11 7 .50A
  • Parcel Number ID: 73-15-16-400-033.000-021
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Partially Wooded, Waterfront, Flood Plain
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Frontage: 80
  • Water Name: Flatrock River
  • Road Frontage: County

Utilities

  • Water Type: River

Schools

  • Elementary School: Southwestern

Lot Info

  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 475

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: Southwestern
  • Middle School: Southwestern
  • School District: Southwestern Cons. School Shelby County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Dec 12, 2024
Sold by
Fouse Michelle L
Bought by
Land Joseph and Land Laura
Seller's Agent
Doug Dilling
United Real Estate Indianapolis
Buyer's Agent
Doug Dilling
United Real Estate Indianapolis
List Price
$23,000
Sold Price
$16,000
Premium/Discount to List
-$7,000
-30.43%
Views
33
Current Estimated Value
$123,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,150
Avg. Annual Appreciation
573.49%
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
Land Joseph -- First American Title
Land Joseph $16,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $16,000 -30.4% $40 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/23/2024 11/23/24 For Sale $23,000 -- $58 / 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 $507 $43,000 $15,200 $27,800
2023 $474 $41,900 $15,200 $26,700
2022 $443 $36,800 $13,400 $23,400
2021 $444 $35,000 $13,400 $21,600
2020 $434 $34,200 $13,400 $20,800
2019 $395 $33,400 $13,400 $20,000
2018 $372 $33,400 $13,400 $20,000
2017 $433 $38,400 $13,400 $25,000
2016 $420 $37,100 $11,800 $25,300
2014 $375 $35,700 $11,300 $24,400
2013 $375 $35,700 $11,300 $24,400
Source: Public Records

Agents Affiliated with this Home

  • Doug Dilling

    Seller's Agent in 2024

    Doug Dilling

    United Real Estate Indianapolis

    (317) 965-1001

    281 Total Sales

    Doug Dilling
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Map

Source: Indiana Regional MLS

MLS Number: 202445303

Indiana Regional MLS

APN: 73-15-16-400-033.000-021

Indiana Shelby County Flat Rock 47234

1885 E Vandalia Rd, Flat Rock, IN

Not Listed for Sale

Lots

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