NOT LISTED FOR SALE

2383 S 500 E Marion, IN 46953

Estimated Value: $223,000 - $310,000

25 Acres
$10,608 Price per Acre
1,089,000 Sq Ft Lot

Last Sold February 19, 2015

Last sale price $97,500

Est. 172% increase in value since last sale

Current estimated payment $1,515/month

149 Days on Market

About This Lot

As of February 2015

Approximately 25 tillable acres to be divided from 32.49 acres. Great cash rent income. Buyer will be responsible for survey. Taxes to be determined after split.

Last Agent to Sell the Property

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 05/06/2014

Last Buyer's Agent

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 05/06/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,010

Lot Details

  • 25 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Private Parking

Schools

  • North View Elementary School
  • R J Basket Middle School
  • Mississinewa High School

Farming

  • Agricultural

Community Details

  • Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-07-24-200-001.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$1,010

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 05-03-535 PT SSW NW SEC 24 32.63 A |
  • Parcel Number ID: 27-07-24-200-001.000-001
  • Platted: Yes
  • Location: Rural
  • Road Access: Easement
  • Road Surface: Paved
  • Parcel Description: Partially Wooded, Undeveloped, Tillable
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Miscellaneous: Easy Access to Interstate
  • Options: Will Divide
  • Side Of Road: East
  • Type Use: Agriculture
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Private

Schools

  • Elementary School: North View

Lot Info

  • Lot Dimensions: 25 acres
  • Estimated Lot Sq Ft: 1089000
  • Estimated Lot Size Acres: 25
  • Easements: Yes

Tax Info

  • Annual Taxes: 1010.33

MLS Schools

  • High School: Mississinewa
  • Middle School: R J Basket
  • School District: Mississinewa Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2014
Closed on
Feb 25, 2015
Sold by
Nelson William D
Bought by
Richey Michael David and Richey Alyssa Renee
Seller's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
Buyer's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
List Price
$136,000
Sold Price
$97,500
Premium/Discount to List
-$38,500
-28.31%
Current Estimated Value
$265,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,710
Avg. Annual Appreciation
9.61%
Original Mortgage
$48,772
Outstanding Balance
$37,327
Interest Rate
3.66%
Mortgage Type
Unknown
Estimated Equity
$227,883
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Richey Michael David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey Michael David $48,772
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2015 02/19/15 Sold $97,500 -28.3% --
10/02/2014 10/02/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $136,000 -- --
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 $1,540 $210,100 $54,500 $155,600
2023 $1,791 $212,500 $54,500 $158,000
2022 $1,463 $174,300 $35,900 $138,400
2021 $1,335 $157,500 $30,400 $127,100
2020 $1,213 $154,700 $29,100 $125,600
2019 $1,084 $149,100 $29,100 $120,000
2018 $996 $146,400 $29,100 $117,300
2017 $970 $146,800 $29,100 $117,700
2016 $905 $146,100 $29,100 $117,000
2014 $1,095 $157,200 $40,800 $116,400
2013 $1,095 $149,100 $37,300 $111,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201416829

Indiana Regional MLS

APN: 27-07-24-200-001.000-001