NOT LISTED FOR SALE

2550 Hindman Rd Marion, IA 52302

Estimated Value: $600,000 - $1,356,142

2 Beds
1.5 Baths
-- Sq Ft
41.11 Acres

Last Sold October 31, 2014

Last sale price $1,000,000

Est. 2% decrease in value since last sale

Current estimated payment $5,727/month

60 Days on Market

Highlights

  • 41.11 Acre Lot
  • Ranch Style House
  • Living Room
  • Linn-Mar High School Rated A-
  • Forced Air Cooling System
  • Home Security System

About This Home

As of October 2014

An amazing opportunity of an equine facility, with 41.11 acres, only about 1/4 of a mile of gravel, and all located right off of Hwy. 151! A total of 87 stalls, per assessors office, 2 wash areas with heated water, heaters for the "wings" with stalls and living quarters. Two saw dust pits, main hay storage area, along with additional storage for equipment, parking for trucks and trailers. Full indoor riding arena, tack rooms, tie up areas, 3 office areas, 1 and 1/2 bathrooms, alarm system for smoke and fire already installed, overhead doors, with the arena door being an automatic door. Multiple hydrants and automatic waterers, breeding docs , and all fencing will stay with the property. A property like this one is hard to find, so call today to see!

Last Agent to Sell the Property

Alicia Porter

RE/MAX CONCEPTS Listed on: 09/01/2014

RE/MAX CONCEPTS

Last Buyer's Agent

Alicia Porter

RE/MAX CONCEPTS Listed on: 09/01/2014

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,727

Year Built

  • 1995

Lot Details

  • 41.11 Acre Lot
  • Fenced
  • Property is zoned AG

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Aluminum Siding
  • Stone Exterior Construction

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1.5 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Guest Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,727

Year Built

1995

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 41.1100
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • City Name: Marion
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 5727
  • List User Cell Phone: 319-350-1093
  • Miscellaneous: Fencing, Security System
  • Net Tax: 5654
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.90909
  • Tax Roll Number: 103417800300000
  • Water Sewer Roads: Septic System, Well Water
  • Zoning: AG
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Appliances Included: Dryer, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Electric
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Living Room
  • Basement: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum, Stone

Garage/Parking

  • Garage/Parking: Drive Under, Guest Parking

Utilities

  • Heating Cooling: Central Air, Forced Air, Lp Heat

Schools

  • Elementary School: Linn Mar
  • Middle School: Linn Mar
  • High School: Linn Mar

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Jrs Ventures Group Llc
Bought by
Midwest Stallion Station Llc
Current Estimated Value
$978,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$608,073
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$369,998

Purchase Details

Listed on
Sep 1, 2014
Closed on
Oct 31, 2014
Sold by
Midwest Stallion Station Llc and Crystal Creek Equine Center Llc
Bought by
Jrs Ventures Group Llc
Seller's Agent
Alicia Porter
RE/MAX CONCEPTS
Buyer's Agent
Alicia Porter
RE/MAX CONCEPTS
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$751,957
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2001
Sold by
Burger Robert A
Bought by
Burger Robert A and Robert A Burger Trust

Purchase Details

Closed on
Jun 30, 1999
Sold by
Stull Ronna J and Stull James R
Bought by
Burger Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,100
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Midwest Stallion Station Llc $1,250,000 None Listed On Document
Jrs Ventures Group Llc -- --
Burger Robert A -- --
Burger Robert A $469,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Stallion Station Llc $625,000
Previous Owner Jrs Ventures Group Llc $751,957
Previous Owner Burger Robert A $347,100
Closed Burger Robert A $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $1,000,000 -9.1% --
10/31/2014 10/31/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $1,100,000 -- --
Source: Cedar Rapids Area Association of REALTORS®

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 $4,900 $338,700 $92,200 $246,500
2023 $4,900 $338,700 $92,200 $246,500
2022 $4,642 $192,300 $70,600 $121,700
2021 $4,464 $192,300 $70,600 $121,700
2020 $4,464 $190,600 $70,600 $120,000
2019 $4,280 $190,600 $70,600 $120,000
2018 $4,052 $275,500 $97,500 $178,000
2017 $4,595 $384,200 $111,100 $273,100
2016 $4,595 $353,800 $111,100 $242,700
2015 $5,517 $435,700 $122,600 $313,100
2014 $5,434 $435,700 $122,600 $313,100
2013 $5,196 $435,700 $122,600 $313,100
Source: Public Records

Agents Affiliated with this Home

  • Alicia Porter

    Seller's Agent in 2014

    Alicia Porter

    RE/MAX

    (319) 350-1093

    232 Total Sales

    Alicia Porter
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1406050

Cedar Rapids Area Association of REALTORS®

APN: 10341-76003-00000

Iowa Linn County Marion 52302

2550 Hindman Rd, Marion, IA

This home is located at 2550 Hindman Rd, Marion, IA 52302 since 01 September 2014 and is currently estimated at $978,071. This property was built in 1995. 2550 Hindman Rd is a home located in Linn County with nearby schools including Linn Grove Elementary School, Excelsior Middle School, and Linn-Mar 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.

Cedar Rapids Area Association of REALTORS® 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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