NOT LISTED FOR SALE

2306 S Richman Way New Palestine, IN 46163

Estimated Value: $355,000 - $498,641

0.64 Acre
$709,625 Price per Acre
27,878 Sq Ft Lot

Last Sold March 20, 2014

Last sale price $35,000

Est. 1,198% increase in value since last sale

Current estimated payment $2,902/month

213 Days on Market

About This Lot

As of March 2014

This is a beautiful exterior lot to build your dream home on. At almost 3/4 of an acre, this lot is priced less than the 2 remaining interior lots that are half the size!

Last Agent to Sell the Property

Jennifer Wakefield

Relocation Specialists License #RB14035757 Listed on: 07/30/2013

Last Buyer's Agent

Jennifer Wakefield

Relocation Specialists License #RB14035757 Listed on: 07/30/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,034

Lot Details

HOA Fees

  • $13 per month

Property Details

Property Type

Land

Est. Annual Taxes

$1,034

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: From Highway 40, head south on 600 (Mt. Comfort Road), go 2 miles to the Richman Platz Subdivision on the right. Take the 1st right, this road curves around and becomes S. Richman Way
  • New Construction: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: RICHMAN PLATZ AT THE SETTLEMENT
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Road Access: CityStreet
  • Water: Other
  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Cleared,Level

Utilities

  • Solid Waste: 0
  • Sewer: Other

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance, Snow Removal

Lot Info

  • Acres: 1/2-3/4 Acre
  • Lot Number: 14
  • Lot Size: 370X72
  • Improvements: None
  • Land Characteristics: Platted Subdivision,Rural In Subdivsion,Water View
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Number Of Lots: 1
  • Zoning: Residential

Tax Info

  • Semi Annual Property Tax Amt: 517
  • Tax Exemption: None
  • Tax Annual Amount: 1034
  • Tax Year: 2013

MLS Schools

  • School District: Southern Hancock County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Mar 14, 2014
Sold by
Hallmark Housing Llc
Bought by
Smith James and Smith Phyllis
Seller's Agent
Jennifer Wakefield
Relocation Specialists
Buyer's Agent
Jennifer Wakefield
Relocation Specialists
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%
Current Estimated Value
$454,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,160
Avg. Annual Appreciation
25.46%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Williams James L
Bought by
First Merchants Bank Na and Lincolon Bank

Purchase Details

Closed on
Jul 18, 2007
Sold by
Borgmann Kenneth L
Bought by
Williams James and Hartman Krista C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Smith James -- None Available
First Merchants Bank Na $12,500 Charles F Miller Jr
Williams James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James $181,000
Closed Smith James $257,000
Previous Owner Hallmark Housing Llc $28,000
Previous Owner Williams James $37,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $35,000 -10.3% --
03/01/2014 03/01/14 Pending -- -- --
07/30/2013 07/30/13 For Sale $39,000 -- --
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
2024 $4,320 $479,900 $70,000 $409,900
2023 $4,320 $430,600 $70,000 $360,600
2022 $3,383 $373,900 $37,900 $336,000
2021 $3,508 $350,800 $37,900 $312,900
2020 $2,979 $316,900 $37,900 $279,000
2019 $2,850 $295,200 $37,900 $257,300
2018 $2,691 $293,000 $37,900 $255,100
2017 $2,634 $280,000 $37,900 $242,100
2016 $2,820 $282,500 $37,900 $244,600
2014 $871 $37,900 $37,900 $0
2013 $871 $37,900 $37,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21247418

MIBOR Broker Listing Cooperative®

APN: 30-09-13-102-014.000-012