NOT LISTED FOR SALE

220 E Mercer St Spiceland, IN 47385

Estimated Value: $128,000

1.55 Acres
$82,741 Price per Acre
67,387 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $130,000 $120 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $838/month

1 Day on Market

About This Lot

As of December 2020

This home is located at 220 E Mercer St, Spiceland, IN 47385 since 22 March 2020 and is currently priced at $128,000, approximately $118 per square foot. This property was built in 1998. 220 E Mercer St is a home located in Henry County with nearby schools including Tri Elementary School and Tri Junior/Senior High School.

Last Listed By

Susan Falck-Neal

RE/MAX First Integrity Listed on: 03/22/2020

RE/MAX First Integrity

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $716

Year Built

  • 1998

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 177x246
  • Property fronts an easement
  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number 33--1-7--17--431.-45-9.0

Property Details

Property Type

Land

Est. Annual Taxes

$716

Year Built

1998

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: SOUTH SIDE ADD LOTS 1-10 EX S PT LOTS 2,3,6,7 & 10 & EX W 185' LOTS 1 & 2 VAC ALLY .016A & .09A VAC STATE ST
  • Parcel Number ID: 33--1-7--17--431.-45-9.0
  • Platted: Yes
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 92.92
  • Parcel Description: Corner, 0-2.9999
  • Type of Sale: Private Seller
  • Platted Development: Yes
  • Type Use: Commercial
  • Special Features: None
  • Year Built: 1998

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • School District: South Henry School Corp.
  • Elementary School: Tri-Elementary
  • Middle School: Tri
  • High School: Tri Jr-Sr

Lot Info

  • Lot Dimensions: 177x246
  • Estimated Lot Sq Ft: 67387
  • Estimated Lot Size Acres: 1.547
  • Easements: Yes

Tax Info

  • Annual Taxes: 716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Spiceland Partners Llc
Bought by
Hmk Dg Spiceland Llc
Total Days on Market
1
Current Estimated Value
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$394,572
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 22, 2020
Closed on
Dec 1, 2020
Sold by
Mohler William I
Bought by
Spiceland Partners Llc
Seller's Agent
Susan Falck-Neal
RE/MAX First Integrity
Buyer's Agent
Bryan Paugh
Legacy Real Estate Partners Inc
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Conley Thomas D and Conley Patty
Bought by
Mohler William I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hmk Dg Spiceland Llc $1,499,000 None Available
Spiceland Partners Llc $130,000 In Title Company
Mohler William I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hmk Dg Spiceland Llc $500,000
Previous Owner Mohler William I $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $130,000 -7.1% $120 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $139,900 -- $130 / 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 $18,238 $980,000 $192,100 $787,900
2023 $22,098 $980,000 $192,100 $787,900
2022 $24,539 $998,000 $192,100 $805,900
2021 $3,422 $128,200 $128,200 $0
2020 $732 $32,500 $17,200 $15,300
2019 $717 $32,400 $17,200 $15,200
2018 $700 $32,600 $17,200 $15,400
2017 $738 $34,800 $17,200 $17,600
2016 $735 $85,700 $23,700 $62,000
2014 $1,594 $83,300 $23,700 $59,600
2013 $1,594 $81,200 $23,700 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202047687

Indiana Regional MLS

APN: 33-17-17-431-459.000-026