$2,400,000
SOLD FEB 7, 2025

25550 Dunbar Rd Arcadia, IN 46030

60 Acres
$40,000 Price per Acre
2,613,600 Sq Ft Lot

Recently Sold

$1,908 Per Sq Ft

40 Days on Market

About This Lot

As of February 2025

Incredible opportunity 5 miles north of Chatham. Partially wooded and 60 acres ready for development.

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services Brokerage Email: chris@indyplace.com License #RB14031306 Listed on: 09/27/2024

RE/MAX Realty Services

Last Buyer's Agent

Tatiana Wheeler

GOOD JOB REALTY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,642

Lot Details

  • 60 Acre Lot

Schools

  • Sheridan Elementary School
  • Sheridan Middle School
  • Sheridan High School

Listing and Financial Details

  • Legal Lot and Block 290125000003000001 / 25
  • Assessor Parcel Number 290125000003000001
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$2,642

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 60
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: www.IndyPlace.com
  • MBR_AttributionContact: chris@indyplace.com
  • Attribution Contact: chris@indyplace.com
  • Special Features: None

Exterior Features

  • List Price: 2400000
  • Other Structures: Not Applicable
  • Topography: Other
  • Road Access: Not Applic
  • Water: Not Applic

Utilities

  • Sewer: Not Applicable
  • Solid Waste: No

Schools

  • Middle Or Junior School: Sheridan Middle School

Lot Info

  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 2613600
  • Number Of Lots: 1
  • Parcel Number: 290125000003000001
  • Zoning: Residential
  • Acres: >20 Acres
  • Land Characteristics: Irregular Lot,Rural
  • Present Zoning: Agricultur
  • Price Acre: 40000
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 2642
  • Tax Block: 25
  • Tax Lot: 290125000003000001
  • Semi Annual Property Tax Amt: 1321

MLS Schools

  • Elementary School: Sheridan Elementary School
  • High School: Sheridan High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Hammond Farms Of Indiana Llc
Bought by
Davis Tony D and Davis Debra K
Total Days on Market
40
Current Estimated Value
$244,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$139,462
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$205,038

Purchase Details

Closed on
Aug 19, 2022
Sold by
Hammond Farms Of Indiana Llc
Bought by
Miller Jim and Miller Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$139,462
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$205,038

Purchase Details

Closed on
Jan 26, 2022
Sold by
Hammond Farm Inc
Bought by
Hammond Farms Of Indiana Llc
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 -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed -- Harpring Michael R
Warranty Deed -- Harpring Michael R
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $2,400,000 0.0% $1,908 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $2,400,000 -- $1,908 / Sq Ft
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 $1,087 $141,000 $63,500 $77,500
2023 $1,102 $135,100 $62,900 $72,200
2022 $3,890 $207,500 $143,200 $64,300
2021 $3,745 $189,500 $130,900 $58,600
2020 $3,642 $187,100 $130,300 $56,800
2019 $3,717 $191,700 $127,500 $64,200
2018 $3,812 $192,000 $130,400 $61,600
2017 $3,881 $202,300 $144,500 $57,800
2016 $3,872 $208,700 $151,000 $57,700
2014 $3,823 $197,300 $151,200 $46,100
2013 $3,823 $180,100 $134,000 $46,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22004055

MIBOR Broker Listing Cooperative®

APN: 29-01-25-000-006.000-001