NOT LISTED FOR SALE

Estimated Value: $414,499

20.1 Acres
$20,622 Price per Acre
875,556 Sq Ft Lot

Last Sold March 26, 2024

Last sale price $399,900

Est. 4% increase in value since last sale

Current estimated payment $2,223/month

9 Days on Market

Highlights

  • Barn
  • 20.1 Acre Lot
  • No HOA
  • Lowell Senior High School Rated 9+

About This Lot

As of March 2024

Fantastic opportunity to acquire 20 +/- Acres in Lowell with a 40'x100' FBI pole barn with approximately 1 acre pond loaded with fish!!! Options are unlimited on the possibilities for this parcel!An estimated 12 acres on the far south side of the parcel is currently rented to a farmer. The parcels feature a 10 +/-year old pole barn with a 6'' Concrete floor, w/#6 Steel Mesh, 2 large ingress/egress doors (one w/Electric and Remote 14'H x 12'W), 10 Skylights, 10 Warehouse Lights 500W, 200-amp electric service, all electric is in conduit. Natural gas is available at the street front. Recently, the pole barn has had a finished office space with heat/AC and a .5 bath. A well and septic service has been added.The parcels are located at the end of 163rd which allows the privacy you want; however, located within a short drive to I-65, Route 2, and downtown Lowell. The front 8 acres are also for rent. Please see NIRA/MLS listing #544523

Last Agent to Sell the Property

Michael Golumbeck

REI Brokerage License #RB14050640 Listed on: 01/31/2024

REI Brokerage

Last Buyer's Agent

Tori Rothchild

Realty Executives Premier License #RB21000048

Realty Executives Premier

Property Details

Property Type

  • Land

Lot Details

  • 20.1 Acre Lot
  • Building or Site Plan Approved
  • Zoning described as Agriculture

Additional Features

  • Barn
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 452011400005000012

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Farm, Recreational
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Level, Open Lot, Pond On Lot
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1790
  • Subdivision Name: None
  • Reso Other Structures: Barn(s)
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Farm, Mixed Use, Recreational, Residential, Warehouse

Exterior Features

  • Acres: 20.1

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Site Plan Approved
  • Lot Dimensions: SEE SURVEY
  • Lot Size Sq Ft: 875556
  • Parcel #: 452011400005000012
  • Zoning Description: Agriculture

Rental Info

  • LeaseType: Net

Tax Info

  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 21, 2024
Sold by
Tah Real Estate Llc
Bought by
Corcoran Richard
Seller's Agent
Michael Golumbeck
REI Brokerage
Buyer's Agent
Tori Rothchild
Realty Executives Premier
List Price
$399,900
Sold Price
$399,900
Views
45
Current Estimated Value
$414,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,599
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jan 22, 2020
Sold by
Jevert Glenn and Jevert Kathleen
Bought by
Tah Real Estate Llc
Seller's Agent
Tony Mitidiero
eXp Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$239,900
Sold Price
$215,000
Premium/Discount to List
-$24,900
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
Jun 5, 2009
Sold by
Grandchamp Todd and Grandchamp Faith Lynne
Bought by
Jevert Glenn and Jevert Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Corcoran Richard $399,900 Fidelity National Title
Tah Real Estate Llc -- Greater Indiana Title Co
Jevert Glenn -- Community Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jevert Glenn $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2024 03/26/24 Sold $399,900 0.0% --
01/31/2024 01/31/24 For Sale $399,900 +86.0% --
01/29/2020 01/29/20 Sold $215,000 0.0% -- View Prior Sale
01/28/2020 01/28/20 Sold $215,000 -10.4% -- View Prior Sale
01/02/2020 01/02/20 Pending -- -- --
12/29/2019 12/29/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $239,900 +11.6% --
05/16/2019 05/16/19 For Sale $215,000 -- --
Source: Northwest Indiana Association of REALTORS®

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
2025 $675 $40,400 $20,800 $19,600
2024 $747 $42,600 $22,400 $20,200
2023 $619 $39,200 $18,600 $20,600
2022 $619 $37,600 $14,700 $22,900
2021 $512 $32,000 $12,700 $19,300
2020 $493 $31,900 $12,600 $19,300
2019 $626 $35,900 $15,300 $20,600
2018 $656 $37,800 $15,800 $22,000
2017 $733 $40,200 $18,100 $22,100
2016 $749 $42,400 $19,200 $23,200
2014 $329 $20,000 $20,000 $0
2013 $296 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 544505

Northwest Indiana Association of REALTORS®

APN: 45-20-11-400-005.000-012