NOT LISTED FOR SALE

2851 Indian Hill Rd Honor, MI 49640

Estimated Value: $493,902

52 Acres
$9,498 Price per Acre
2,265,120 Sq Ft Lot

Last Sold February 28, 2018

Last sale price $300,000

Est. 65% increase in value since last sale

Current estimated payment $3,051/month

2,425 Days on Market

Highlights

  • Private Waterfront
  • 52 Acre Lot
  • Level Lot
  • Deeded Waterfront Access Rights

About This Lot

As of February 2018

1556' Platte River frontage, 52 acres, partially wooded, blueberry patch, 10-ac. tilled field, 1512' U.S. 31 frontage, pole building, and older home (considered to be a tear-down). Lots of opportunity here for the creative buyer. Ideas include fruit/vegetable stands, agriculture, orchards, campground, family fishing compound, trails, etc. Very near Sleeping Bear National Lakeshore. Enjoy all northern Michigan outdoor amenities. Access via U.S. 31, Indian Hill Rd., Deadstream Rd.

Last Agent to Sell the Property

Sharon McKinley

REO-TCBeulah-Frankfort-233027 License #6501176725 Listed on: 04/22/2011

REO-TCBeulah-Frankfort-233027

Last Buyer's Agent

Sharon McKinley

REO-TCBeulah-Frankfort-233027 License #6501176725 Listed on: 04/22/2011

REO-TCBeulah-Frankfort-233027

Property Details

Property Type

  • Land

Lot Details

  • 52 Acre Lot
  • Private Waterfront
  • 1,556 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Private or Community Septic Tank
  • Phone Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Deeded Waterfront Access Rights
  • River Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 14W

Exterior Features

  • Body Of Water: Platte River
  • Exterior Features: Development Property
  • Number Of Acres: 52
  • Road: Public Maintained
  • Water Features: Priv Frontage (Wtr Side), River, Water View
  • Waterfront Frontage: 1556

Utilities

  • Utilities Available: Electric, Telephone
  • Waste Installed: Private Septic
  • Water Installed: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Some Lowland Areas, Hardwoods
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Agricultural, Forest/Recreational, Metes And Bounds, Timber, Tillable

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Grand Traverse Regl Land Cons
Bought by
Township Of Homestead
Current Estimated Value
$493,902

Purchase Details

Listed on
Apr 22, 2011
Closed on
Feb 28, 2018
Sold by
John Hanley and John Jo
Bought by
Grand Traverse Regional Land Conser
Seller's Agent
Sharon McKinley
REO-TCBeulah-Frankfort-233027
Buyer's Agent
Sharon McKinley
REO-TCBeulah-Frankfort-233027
List Price
$430,000
Sold Price
$300,000
Premium/Discount to List
-$130,000
-30.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Township Of Homestead $300,000 Capital Title
Grand Traverse Regional Land Conser $300,000 Capital Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $300,000 -30.2% --
12/11/2017 12/11/17 Pending -- -- --
04/22/2011 04/22/11 For Sale $430,000 -- --
Source: Northern Great Lakes REALTORS® 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
2025 -- $0 $0 $0
2024 -- $0 $0 $0
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sharon McKinley

    Real Estate One

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1730834

Northern Great Lakes REALTORS® MLS

APN: 07-008-021-00

Michigan Benzie County Honor 49640

2851 Indian Hill Rd, Honor, MI

Not Listed for Sale

Lots

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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