NOT LISTED FOR SALE

2478 S 875 E Zionsville, IN 46077

Estimated Value: $1,291,000 - $1,671,955

2 Acres
$746,159 Price per Acre
87,120 Sq Ft Lot

Last Sold October 25, 2019

Last sale price $145,000

Est. 782% increase in value since last sale

Current estimated payment $8,508/month

177 Days on Market

About This Lot

As of October 2019

Here is an opportunity to pick your builder & build your dream home on this rare 2 acre lot surround by custom homes, horse farms, and estates. Feeling of being in the country but just a few miles away from shopping, dining and more. Top rated Zionsville school system. Photos are showing a similar home you could build on this lot, not the actual photos of the listed property.

Last Agent to Sell the Property

Steve Clark

Compass Indiana, LLC License #RB14045792 Listed on: 01/17/2019

Compass Indiana, LLC

Last Buyer's Agent

Erika Frantz

Berkshire Hathaway Home

Berkshire Hathaway Home

Property Details

Property Type

Land

Est. Annual Taxes

$18,111

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: North on 875 East from 300 South, Property is located on the corner of 250 South and 875 East
  • New Construction: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: NewHome

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: NotApplic
  • Water: Well Required
  • Disclosures: Not Applicable
  • Topography: Cleared

Utilities

  • Solid Waste: 0
  • Sewer: Septic Needed

Lot Info

  • Acres: 1-3 Acres
  • Lot Number: 1
  • Lot Size: 87120
  • Improvements: Paved Streets
  • Land Characteristics: See Remarks
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 77500
  • Development Status: Finished Lot(s), Plat Recorded, Surveyed
  • Zoning: R2

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0
  • Tax Year: 2018

MLS Schools

  • School District: Zionsville Community
  • Schools: Union Elementary,Zionsville High,Zionsville Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Oct 25, 2019
Sold by
Kent Shaffer Builders Inc
Bought by
Wilson Brandon J and Wilson Sarah J
Seller's Agent
Steve Clark
Compass Indiana, LLC
Buyer's Agent
Erika Frantz
Berkshire Hathaway Home
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Current Estimated Value
$1,278,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,342
Avg. Annual Appreciation
44.54%
Original Mortgage
$484,350
Outstanding Balance
$431,471
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$796,880
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
Wilson Brandon J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Brandon J $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $145,000 -6.5% --
07/14/2019 07/14/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $155,000 -- --
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 $18,111 $1,508,400 $37,400 $1,471,000
2023 $15,075 $1,246,700 $37,400 $1,209,300
2022 $13,448 $1,114,300 $37,400 $1,076,900
2021 $11,516 $912,500 $37,400 $875,100
2020 $675 $37,400 $37,400 $0
2019 $947 $48,200 $48,200 $0
2018 $947 $48,200 $48,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21614814

MIBOR Broker Listing Cooperative®

APN: 06-08-16-000-034.001-016