NOT LISTED FOR SALE

2322 S Pine Run Unit 7 Oxford, IN 47971

Estimated Value: $433,000 - $753,403

14.8 Acres
$40,084 Price per Acre
644,644 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $120,000

Est. 394% increase in value since last sale

Current estimated payment $3,533/month

511 Days on Market

About This Lot

As of December 2021

Just right exburb distance from Lafayette. Property has mature woods and tree cover to the west and the south. Good quality soils for growing crops or produce. Small amount of farm animals allowed. Excellent deer and turkey hunting Perfect 1+ acre area for a farm pond.

Last Agent to Sell the Property

Phillip Kerkhoff

Maitlen Realty Listed on: 06/01/2020

Last Buyer's Agent

Tyler Nunnally

The Real Estate Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $184

Lot Details

  • 14.8 Acre Lot
  • Property fronts a private road
  • Private Streets
  • Rural Setting
  • Finished Lot(s)
  • Land Lease

Utilities

  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 04-10-31-511-007.000-013

Property Details

Property Type

Land

Est. Annual Taxes

$184

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Pine Run Subdivision Lot 7, 14.7A
  • Parcel Number ID: 04-10-31-511-007.000-013
  • Platted: Yes
  • Location: Subdivision, Rural
  • Road Access: Private
  • Road Surface: Gravel
  • Section Number: 31
  • Sp Lp Percent: 98.36
  • Parcel Description: Irregular, Level, Partially Wooded, Undeveloped, 10-14.999
  • Restrictions: Restrictions, Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Side Of Road: West
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: Private

Utilities

  • Water Utilities: Private, Well
  • Electric Company: REMC
  • Electricity Type: Available
  • Sewer Type: Private, Septic

Schools

  • School District: Benton Community
  • Elementary School: Prairie Crossing
  • Middle School: Benton Central
  • High School: Benton Central

Lot Info

  • Lot Dimensions: varied
  • Estimated Lot Sq Ft: 644644
  • Estimated Lot Size Acres: 14.799
  • Leased Acres: Yes
  • Numberwooded Acres: 5.3

Tax Info

  • Annual Taxes: 184
  • Total Assessed Value: 19400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Midwest Framing Contractors In
Bought by
Albrecht Adam and Albrecht Nicole
Current Estimated Value
$593,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,600
Outstanding Balance
$470,628
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$122,574

Purchase Details

Listed on
Jun 1, 2020
Closed on
Dec 13, 2021
Sold by
Kerkhoff Brothers Llc
Bought by
Midwest Framing Contractors In
Seller's Agent
Phillip Kerkhoff
Maitlen Realty
Buyer's Agent
Tyler Nunnally
The Real Estate Agency
List Price
$122,000
Sold Price
$120,000
Premium/Discount to List
-$2,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.45%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Pfeifer Farms Inc
Bought by
Kerkhoff Brothers Llc
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
Albrecht Adam -- Metropolitan Title
Midwest Framing Contractors In $120,000 Howard S Gregory
Kerkhoff Brothers Llc $245,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Adam $491,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $120,000 -1.6% --
10/25/2021 10/25/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $122,000 +1.7% --
12/02/2020 12/02/20 Off Market $120,000 -- --
06/01/2020 06/01/20 For Sale $122,000 -- --
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 $4,656 $629,900 $73,500 $556,400
2023 $4,757 $644,700 $53,800 $590,900
2022 $62 $18,600 $18,600 $0
2021 $208 $16,000 $16,000 $0
2020 $182 $15,900 $15,900 $0
2019 $184 $19,400 $19,400 $0
2018 $200 $20,000 $20,000 $0
2017 $227 $21,600 $21,600 $0
2016 $207 $22,900 $22,900 $0
2014 $213 $23,900 $23,900 $0
2013 $213 $20,500 $20,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202021420

Indiana Regional MLS

APN: 04-10-31-511-007.000-013