NOT LISTED FOR SALE

2301 Barrett Switch Rd Poseyville, IN 47633

Estimated Value: $167,646 - $401,000

52.59 Acres
$4,675 Price per Acre
2,290,820 Sq Ft Lot

Last Sold February 27, 2023

Last sale price $285,000 $318 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,312/month

97 Days on Market

About This Lot

As of February 2023

Located in a remote setting and positioned at the end of a county maintained dead end road, sits this stunningly beautiful 50:50 mix multi-purpose farm just 4 miles from the Wabash River and Illinois state line. This property consist of 25+/- acres of quality tillable made up primarily of Wakeland silt loam and Sylvan Silt Loam soils with an overall NCCPI rating of 68.3. This was previously a cattle farm with grass pastures that have been converted to row crop production nearly a decade ago. There are numerous areas of this farm where wooded fingers and contoured fields join to create ideal pitch points that are perfect foodplot and/or treestand locations. In addition, this farm has several areas that would be ideal for grasslands or CRP plantings. The entire western boundary of this property falls along Cox Creek and a 1/3 ac cattle pond provide a year round water source for all area wildlife. The other half of this farm is made up primarily of hardwood bottoms timber. Although there are some beautiful large oaks around the perimeter of the entire property, most of the internal timber is low value species and brush. However, these brushy drawls and wooded bowls make for perfect bedding blocks with several oriented in such a way that they are acting as thermal/wind breaks from our dominate winds here in southern Indiana. If a cabin or homesite is on your list…this property has a gorgeous location. Right at the entrance to the property sites a picturesque 2 acre knob surrounded by mature hardwoods overlooking the majority of the farm. Both electric and municipal water are located within approx. 300 yrds from the build site. This property is in a great neighborhood surrounded by tons of diversity. Whether you’re interests lie in hunting or simply as an investment, we have no doubt this farm will exceed your expectations. We think it's one of the prettiest farms we’ve listed this year.

Last Agent to Sell the Property

Zach Holt

Whitetail Properties Real Estate Listed on: 11/18/2022

Whitetail Properties Real Estate

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $580

Lot Details

  • 52.59 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)

Schools

  • North Elementary School
  • North Posey Middle School
  • North Posey High School

Additional Features

  • Agricultural
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 65-04-09-900-004.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$580

Lot Details

52.59 Acres

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Part of NE COR SW 9-4-13 TOTAL 85.80A
  • Parcel Number ID: 65-04-09-900-004.000-011
  • Platted: Yes
  • Road Access: County
  • Road Surface: Gravel
  • Parcel Description: Irregular, Rolling, Undeveloped, Tillable, 15+
  • Type of Sale: Traditional
  • Type Use: Agriculture, Residential, Camp/RV with Land, Recreational
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City, Available
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Schools

  • Elementary School: North

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 2290820
  • Estimated Lot Size Acres: 52.59
  • Numbertillable Acres: 25
  • Numberwooded Acres: 25

Tax Info

  • Annual Taxes: 580

MLS Schools

  • High School: North Posey
  • Middle School: North Posey
  • School District: MSD of North Posey County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 27, 2023
Sold by
Carner William D
Bought by
Mumford William M and Mumford Sandra D
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$319,900
Sold Price
$285,000
Premium/Discount to List
-$34,900
-10.91%
Views
76
Current Estimated Value
$245,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,118
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Carner William D
Bought by
Perigo David B and Perigo Hannah C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mumford William M -- None Listed On Document
Perigo David B -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $285,000 -10.9% $318 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $319,900 -- $357 / Sq Ft
Source: Indiana Regional MLS

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 $534 $99,200 $36,000 $63,200
2023 $1,064 $128,800 $71,600 $57,200
2022 $824 $97,900 $51,800 $46,100
2021 $694 $86,700 $44,700 $42,000
2020 $750 $88,800 $44,300 $44,500
2019 $864 $97,300 $52,700 $44,600
2018 $1,246 $123,400 $78,800 $44,600
2017 $1,359 $134,000 $91,300 $42,700
2016 $1,358 $139,000 $96,200 $42,800
2014 $1,807 $174,200 $133,000 $41,200
2013 $1,807 $157,400 $115,400 $42,000
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202247392

Indiana Regional MLS

APN: 65-04-09-900-004.000-011

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