NOT LISTED FOR SALE

2527 S Lake Rd S Scottsburg, IN 47170

109 Acres
-- Price per Acre
4,748,040 Sq Ft Lot

Last Sold May 03, 2021

Last sale price $1,450,000 $956 Per Sq Ft

878 Days on Market

Highlights

  • Lake View
  • 109 Acre Lot
  • Pole Barn

About This Lot

As of May 2021

Well Located opportunity for an investor and/or developer, this acreage is a FAA Approved Grass Strip Airport. The airport can be retained and a fly-in community be developed (conceptual drawing is available). The grass landing strip is currently 2750 feet long but could be extended to 4200 feet. There is also the option to close the airport and develop much needed housing in the Scottsburg/Scott County/Southern Indiana area.

The country setting appeals to anyone wanting a degree of tranquility and still have easy access to Louisville, Indianapolis, Cincinnati, St. Louis or Chicago. Interstate 65 is within five minute drive with links to all other transportation options. Check out this video: https://youtu.be/6kQwgOwi1Lw

Call/text today to request a showing.

Last Listed By

Chris Wakeman

Bridge Realtors License #RB15000619 Listed on: 11/19/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,443

Year Built

  • 1995

Lot Details

  • 109 Acre Lot
  • Subdivision Possible
  • Property is zoned Agriculture, Commercial

Additional Features

  • Lake Views
  • Pole Barn
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 720531600016000007

Property Details

Property Type

Land

Est. Annual Taxes

$3,443

Year Built

1995

Lot Details

0

Listing Details

  • Improvements: 64400
  • Additional Assessor Parcel Numbers: 72-05-31-200-017/000-007
  • Annual Tax: 3443
  • Electricity On Property: Yes
  • Land Assessment: 12800
  • Legal Description: SE1/4 NWQR & SW1/4 NWQR & NW1/4 SWQR 31-3-7 108.791A
  • Mobileor Modular: Not Allowed
  • Out Buildings: Pole Barn
  • Parcel Number: 720531600016000007
  • Property Type: Vacant Land
  • Timber Acreage: 30
  • Total: 77200
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1995

Interior Features

  • Lot Sq Ft: 4748040.00

Exterior Features

  • Road Frontage: 1100

Utilities

  • Water: Lake
  • Water Type: Public Available

Lot Info

  • Acres: 109.0000
  • Lot Description: Divisible Lot, Lake View
  • Tillable Acreage: 60
  • Zoning: Agriculture, Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
May 3, 2021
Sold by
Beckley Charles Lawrence
Bought by
Aviation Partners Llc
Seller's Agent
Chris Wakeman
Bridge Realtors
Buyer's Agent
Lauren Nigrelli
Rainey Jones & Shaw
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Total Days on Market
878

Purchase Details

Closed on
Mar 31, 2010
Sold by
Beckley Charles Lawrence
Bought by
Beckley Charles Lawrence and Fitch Tommy G

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
Aviation Partners Llc $1,464,500 None Available
Beckley Charles Lawrence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckley Charles Lawrence $16,000
Previous Owner Beckley Charles Lawrence $96,000
Previous Owner Beckley Charles Lawrence $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $1,450,000 -12.1% $956 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
11/19/2018 11/19/18 For Sale $1,650,000 -- $1,088 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $3,986 $206,300 $127,600 $78,700
2023 $3,500 $179,000 $106,300 $72,700
2022 $2,894 $154,100 $83,900 $70,200
2021 $2,624 $134,900 $72,100 $62,800
2020 $2,538 $134,400 $71,600 $62,800
2019 $2,903 $150,100 $87,300 $62,800
2018 $3,026 $154,400 $90,000 $64,400
2017 $3,203 $170,400 $103,600 $66,800
2016 $3,301 $176,000 $109,700 $66,300
2014 $9,312 $483,200 $414,000 $69,200
2013 $9,312 $204,200 $117,700 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018013097

Southern Indiana REALTORS® Association

APN: 72-05-31-600-016.000-007