Seller's Agent in 2023
Andrew Malott
Whitetail Properties Real Estate
(574) 225-2699
2 in this area
121 Total Sales
2164 E State Road 32 Lebanon, IN 46052
Estimated Value: $1,167,000 - $1,206,000
3
Beds
4
Baths
3,724
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- 39.83 Acre Lot
- 2 Car Attached Garage
- Perry Worth Elementary School Rated A-
- Covered Patio or Porch
- Forced Air Heating and Cooling System
About This Home
As of October 2023Listed for sale is nearly 40 acres of quality farmland located on the east side of Lebanon on State Road 32. This farm is made up of productive soils consisting of silt loam & silty clay loam with an average NCCPI (National Commodity Crop Productivity Index) of 73.03. Currently, this farm is in a corn & soybean crop rotation, and there is a tenant in place who manages the farming operations on a year-by-year basis. This cash rent lease arrangement provides the new owner an opportunity for yearly income and to continue the current agreement. In addition to the farmland, the property includes a 3,724 sq. ft. one and a half story home. This home features 3 bedrooms, 3 bathrooms, an attached two car garage, a bonus room, and a loft area that currently acts as an office space, a fenced back yard and a large front porch. The ample amount of space that his home offers, inside and out, provides a comfortable living environment. While the house could benefit from some updates and renovations, it has the potential to become a beautiful and spacious modern farmhouse with an upgraded interior. With some investment and improvements, the house could be transformed in a desirable living space! This home is being sold as is! This property offers great road frontage as it sits right on State Road 32. State Road 32 provides access to major travel routes making your commute to work that much easier! This farm is located just a few miles from Lebanon which offers plenty of amenities such as restaurants, shopping, and entertainment. Overall, this property offers the opportunity to own a size-able piece of quality farmland with productive soils, along with a house that has the potential to be renovated into a charming and spacious modern farmhouse!
Last Agent to Sell the Property
Whitetail Properties Real Estate Brokerage Phone: 574-225-2699 Listed on: 07/20/2023
Last Buyer's Agent
Whitetail Properties Real Estate Brokerage Phone: 574-225-2699 Listed on: 07/20/2023
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $4,327
Year Built
- Built in 2006
Lot Details
- 39.83 Acre Lot
- Lot Dimensions are 2093 x 865
- Property fronts a state road
- Rural Setting
- Wire Fence
- Level Lot
Parking
- 2 Car Attached Garage
- Gravel Driveway
- Off-Street Parking
Home Design
- Shingle Roof
- Shingle Siding
- Vinyl Construction Material
Interior Spaces
- 3,724 Sq Ft Home
- 1.5-Story Property
- Crawl Space
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
Outdoor Features
- Covered Patio or Porch
Schools
- Perry Worth Elementary School
- Lebanon Middle School
- Lebanon High School
Utilities
- Forced Air Heating and Cooling System
- Propane
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 06-11-33-000-002.002-001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Oct 25, 2023
Sold by
Dulhanty Janet Kathleen Estate
Bought by
Distinctive Campus Rentals Llc
Seller's Agent
Andrew Malott
Whitetail Properties Real Estate
Buyer's Agent
Andrew Malott
Whitetail Properties Real Estate
List Price
$1,300,000
Sold Price
$1,075,000
Premium/Discount to List
-$225,000
-17.31%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,116
Avg. Annual Appreciation
5.10%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Distinctive Campus Rentals Llc | $1,075,000 | Meridian Title Corporation |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $1,075,000 | -17.3% | $289 / Sq Ft |
| 09/10/2023 09/10/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $1,300,000 | -- | $349 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $8,088 | $589,100 | $113,500 | $475,600 |
| 2024 | $8,088 | $570,700 | $120,300 | $450,400 |
| 2023 | $4,744 | $537,800 | $102,200 | $435,600 |
| 2022 | $4,327 | $483,100 | $85,500 | $397,600 |
| 2021 | $3,926 | $419,400 | $76,800 | $342,600 |
| 2020 | $3,591 | $389,000 | $76,400 | $312,600 |
| 2019 | $3,498 | $400,000 | $88,100 | $311,900 |
| 2018 | $3,593 | $372,900 | $90,100 | $282,800 |
| 2017 | $3,475 | $367,800 | $100,100 | $267,700 |
| 2016 | $3,648 | $359,900 | $104,700 | $255,200 |
| 2014 | $3,504 | $348,200 | $108,400 | $239,800 |
| 2013 | $3,226 | $335,400 | $95,600 | $239,800 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Malott
Map
Source: Indiana Regional MLS
MLS Number: 202325370
APN: 06-11-33-000-002.002-001
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