$575,000
SOLD JUL 27, 2018

2470 S 625 W Topeka, IN 46571

25 Acres
$23,000 Price per Acre
1,089,000 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

23% Below List Price

22 Days on Market

Highlights

  • 25 Acre Lot
  • Westview Elementary School Rated A-
  • Agricultural

About This Lot

As of July 2019

25 Country acres zoned agriculture. Quiet ground in a rural setting. Call today for more info & to discuss your opportunities with this land.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,321

Lot Details

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

Schools

  • Topeka Elementary School
  • Westview Middle School
  • Westview High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 44-12-01-400-010.000-007

Property Details

Property Type

Land

Est. Annual Taxes

$2,321

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: TBD |
  • Parcel Number ID: 44-12-01-400-010.000-007
  • Platted: Yes
  • Location: Rural
  • Parcel Id2: 441201400001000007
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 76.67
  • Parcel Description: Irregular
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Agriculture
  • Year Taxes Payable: 2018
  • Special Features: None

Exterior Features

  • Road Frontage: County

Schools

  • School District: Westview School Corp.
  • Elementary School: Topeka
  • Middle School: Westview
  • High School: Westview
  • Elementary School: Topeka

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1089000
  • Estimated Lot Size Acres: 25

Tax Info

  • Annual Taxes: 2320.76

MLS Schools

  • High School: Westview
  • Middle School: Westview
  • School District: Westview School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Otto Aaron David
Bought by
Petersheim Merlin James and Petersheim Eva Irene
Total Days on Market
22
Current Estimated Value
$479,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$319,601
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$185,477

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 12, 2019
Sold by
David Mayers J and David Barbara A
Bought by
Otto Aaron David
List Price
$399,000
Sold Price
$400,500
Premium/Discount to List
$1,500
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$320,400
Interest Rate
4.89%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $640,000 Metropolitan Title
Grant Deed $400,500 Metroplitan Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,463 New Conventional
Open $330,000 New Conventional
Previous Owner $320,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $400,500 +0.4% $216 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $399,000 -30.6% $216 / Sq Ft
07/27/2018 07/27/18 Sold $575,000 -23.3% $239 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $750,000 -- $311 / Sq Ft
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 $2,559 $443,300 $44,200 $399,100
2023 $2,348 $430,100 $42,100 $388,000
2022 $4,177 $392,400 $36,700 $355,700
2021 $3,936 $349,200 $34,600 $314,600
2020 $3,740 $324,000 $33,100 $290,900
2019 $3,752 $324,000 $33,800 $290,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201823900

Indiana Regional MLS

APN: 44-12-01-400-010.002-007

Indiana LaGrange County Topeka 46571

2470 S 625 W, Topeka, IN

This home is located at 2470 S 625 W, Topeka, IN 46571 and is currently priced at $575,000, approximately $238 per square foot. 2470 S 625 W is a home located in LaGrange County with nearby schools including Shipshewana-Scott Elementary School, Westview Elementary School, and Westview Junior/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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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