NOT LISTED FOR SALE

2263 S 475 W Morgantown, IN 46160

Estimated Value: $180,032 - $290,000

35.04 Acres
$6,457 Price per Acre
1,526,342 Sq Ft Lot

Last Sold August 07, 2017

Last sale price $175,000 $137 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,240/month

6 Days on Market

About This Lot

As of August 2017

Potential building site for your next home or weekend cabin. This 35 acre mostly wooded lot has a stream that runs through the middle of the property with 10 acres currently being farmed. Build on or use for recreation, no covenants or building restrictions and has plenty of potential. This property does have well and septic. There is a house on the property now, the property is being sold for land and the owners prefer no one enter the house. Adjoining acreage also available for purchase.

Last Agent to Sell the Property

Victoria Shumaker

Keller Williams Indy Metro S Listed on: 06/29/2017

Keller Williams Indy Metro S

Last Buyer's Agent

Victoria Shumaker

Keller Williams Indy Metro S Listed on: 06/29/2017

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 35.04

Additional Features

  • 35.04 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 410934023001000034

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

Listing Details

  • Type: AgricLand,Other
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2015
  • Lot Size Acres: 35.04
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: NO SUBDIVISION
  • Property Description: Potential building site for your next home or weekend cabin. This 35 acre mostly wooded lot has a stream that runs through the middle of the property with 10 acres currently being farmed. Build on or use for recreation, no covenants or building restrictions and has plenty of potential. This property does have well and septic. There is a house on the property now, the property is being sold for land and the owners prefer no one enter the house. Adjoining acreage also available for purchase.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 297500
  • Other Structures: NoValue
  • Topography: Flood Plain Partial,Sloping,Stream,Wooded
  • Road Access: CountyRd
  • Water: Well on Site

Utilities

  • Sewer: Septic Tank
  • Solid Waste: 0

Lot Info

  • Development Status: Easements
  • Parcel Number: 410934023001000034
  • Zoning: A-1
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 1,526,342
  • Improvements: Other
  • Land Characteristics: Creek On Property,Irregular Lot,Rural Not in Subdivision,Mature Trees,Wooded
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Agricultur,Other
  • Price Acre: 8490
  • Soil Type: Other

Tax Info

  • Tax Annual Amount: 864
  • Semi Annual Property Tax Amt: 432
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Franklin Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2018
Sold by
Smith Mike and Smith Connie
Bought by
Gant Cody and Smith Allyson
Current Estimated Value
$226,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,898
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2017
Closed on
Aug 7, 2017
Sold by
Sullivan Linda G and Eccles Linda Gail
Bought by
Smith Mike and Smith Connie
Seller's Agent
Victoria Shumaker
Keller Williams Indy Metro S
Buyer's Agent
Victoria Shumaker
Keller Williams Indy Metro S
List Price
$297,500
Sold Price
$175,000
Premium/Discount to List
-$122,500
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Source: Public Records

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
Gant Cody -- None Available
Smith Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gant Cody $129,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $175,000 -41.2% $137 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $297,500 -- $232 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $487 $98,800 $42,300 $56,500
2024 $487 $86,100 $42,100 $44,000
2023 $433 $79,300 $40,700 $38,600
2022 $433 $79,300 $40,700 $38,600
2021 $389 $73,200 $40,300 $32,900
2020 $371 $69,900 $40,300 $29,600
2019 $358 $62,600 $30,800 $31,800
2018 $718 $77,900 $46,900 $31,000
2017 $727 $75,600 $49,700 $25,900
2016 $863 $79,000 $55,200 $23,800
2014 $824 $78,400 $56,500 $21,900
2013 $824 $76,000 $52,400 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21495007

MIBOR Broker Listing Cooperative®

APN: 41-09-34-023-001.000-034