NOT LISTED FOR SALE

2348 S 825 W Lapel, IN 46051

Estimated Value: $413,000 - $588,743

23.93 Acres
$20,931 Price per Acre
1,042,391 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $500,000 $370 Per Sq Ft

Current estimated payment $2,847/month

5 Days on Market

About This Lot

As of March 2023

30+ acres for sale in Lapel! Multiple parcels including both farmland available for harvest as well as a 2-acre lot with current home all being sold together. Shed and Barn also on the property. The home has been taken down to the studs - perfect opportunity to renovate and make it into your own dream farmhouse. When previously occupied home had 3Bdrms/1Bath and 1,350 Sq Ft. Don't miss this opportunity to own a residence PLUS land in Lapel! Country living at it's best with only a short drive to I-69!

Last Agent to Sell the Property

Whitney Strange

Keller Williams Indy Metro NE License #RB18000184 Listed on: 01/26/2023

Keller Williams Indy Metro NE

Last Buyer's Agent

Jeremy Newman

Myers Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,404

Lot Details

  • 23.93 Acre Lot
  • Additional Parcels

Schools

  • Lapel Middle School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 481027900002000031

Property Details

Property Type

Land

Est. Annual Taxes

$1,404

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Lot Size Acres: 23.93
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: whitneystrange@kw.com
  • Special Features: None

Exterior Features

  • List Price: 500000
  • Other Structures: Barn(s)
  • Topography: Level,Wooded
  • Road Access: County Rd
  • Water: Well on Site

Utilities

  • Sewer: Septic Tank
  • Solid Waste: No

Schools

  • Middle Or Junior School: Lapel Middle School

Lot Info

  • Additional Parcels: Yes
  • Development Status: Surveyed
  • Lot Size Sq Ft: 1042478
  • Parcel Number: 481027900002000031
  • Zoning: Agricultural
  • Land Characteristics: Not Applicable
  • Present Zoning: Agricultur
  • Price Acre: 20894.2749686586
  • Soil Type: Not Applic
  • Divisible: Yes

Tax Info

  • Tax Annual Amount: 1404
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 28, 2023
Sold by
Owens Kristina K
Bought by
Callahan Real Estate Llc
Seller's Agent
Whitney Strange
Keller Williams Indy Metro NE
Buyer's Agent
Jeremy Newman
Myers Real Estate
List Price
$500,000
Sold Price
$500,000
Views
40
Current Estimated Value
$500,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Sep 14, 2021
Sold by
Owens Kristina K
Bought by
Owens Nathon J and Owens Brandon W
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
Callahan Real Estate Llc -- Chicago Title
Owens Nathon J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $500,000 0.0% $370 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $500,000 -- $370 / 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
2024 $1,416 $70,800 $70,800 $0
2023 $860 $43,000 $43,000 $0
2022 $1,424 $126,400 $58,100 $68,300
2021 $1,324 $115,100 $53,100 $62,000
2020 $1,403 $110,700 $51,800 $58,900
2019 $1,585 $122,800 $58,400 $64,400
2018 $1,634 $126,200 $59,600 $66,600
2017 $1,543 $123,700 $63,400 $60,300
2016 $1,581 $126,300 $66,000 $60,300
2014 $1,748 $133,100 $68,700 $64,400
2013 $1,748 $123,500 $61,800 $61,700
Source: Public Records

Agents Affiliated with this Home

  • Whitney Strange

    Seller's Agent in 2023

    Whitney Strange

    Keller Williams Indy Metro NE

    (317) 518-3418

    20 in this area

    251 Total Sales

    Whitney Strange
    Section Image

  • J

    Buyer's Agent in 2023

    Jeremy Newman

    Myers Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21902486

MIBOR Broker Listing Cooperative®

APN: 48-10-27-900-002.000-031

Indiana Madison County Lapel 46051

2348 S 825 W, Lapel, IN

This home is located at 2348 S 825 W, Lapel, IN 46051 since 26 January 2023 and is currently estimated at $500,872, approximately $371 per square foot. 2348 S 825 W is a home located in Madison County with nearby schools including Lapel Elementary School, Lapel Middle School, and Lapel Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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