NOT LISTED FOR SALE

2860 E 266th St Arcadia, IN 46030

Estimated Value: $437,000 - $1,360,110

5 Beds
3 Baths
3,660 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $1,350,000 $369 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $5,453/month

23 Days on Market

Highlights

  • Docks
  • Home fronts a pond
  • 23.49 Acre Lot
  • Guest House
  • Updated Kitchen
  • Family Room with Fireplace

About This Home

As of February 2024

Homesteader's dream on 23.5 Acres in rural northern Hamilton County! Escape to the tranquility of country living while staying just minutes away from all the conveniences of town! Nestled in the heart of northern Hamilton County, this remarkable property offers a piece of history, a touch of modern comfort, and an abundance of natural beauty. Property Overview * Address: 2860 E 266th St., Arcadia, IN 46030 * Acreage: 23.5 acres of pure serenity * Home: Charming farmhouse with 5 bedrooms and 3 bathrooms, built in 1868. * Outbuildings: Four barns, cabin, three car detached garage, chicken coop, pumphouse * Pond: One-acre pond with a beach, dock, and fish stocked to delight anglers * Nature: Abundant birdlife including purple martins, bluebirds, and barn swallows. * Orchards: pecan, pawpaw, and persimmon trees, along with lavender plants by the pond * Amenities: Geothermal heating and cooling, spacious decks, renovated interior, historical barn, brick patio, and playground. Outbuildings along with Nature's Best: * Nine outbuildings offering over 13,000 square feet of storage and possibilities. * A three care detached garage for your vehicles * Cabin with wrap around porch, loft space, murphy bed, and aromatic cedar wood interior, nestled next to the picturesque pond * Four spacious barns, including one built in 1905 * Several horse stalls for your equestrian pursuits * Metal siding on select outbuildings for durability and low maintenance needs * White vinyl fencing for added charm * Abundant wildlife including large colonies of purple martins, bluebirds, barn swallows, and bats * A one-acre pond, fully stocked with hybrid striped bass, largemouth bass, walleye, bluegill, and perch * Enjoy your own beach, dock, and a field stone perimeter around the pond * Nearly 1,000 trees on the property, including arborvitae for windbreaks and privacy * Orchards of pecan, pawpaw, and persimmon trees * Micro-environment for lavender by the pond's banks

Last Agent to Sell the Property

Chad Renbarger

Mossy Oak Properties Brokerage Email: crenbarger@mossyoakproperties.com License #RB16001466 Listed on: 12/19/2023

Last Buyer's Agent

John Long

Coldwell Banker - Kaiser

Coldwell Banker - Kaiser

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1868

Lot Details

  • 23.49 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Irregular Lot
  • Landscaped with Trees

Parking

  • 4 Car Detached Garage

Home Design

  • Prairie Architecture
  • Farmhouse Style Home
  • Farm
  • Stone Foundation
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Property Views
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio
  • Pole Barn
  • Shed
  • Storage Shed
  • Playground

Additional Homes

  • Guest House

Schools

  • Hamilton Heights Elementary School
  • Hamilton Heights Middle School
  • Hamilton Heights High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 03-02-18-00-00-009.000
  • Assessor Parcel Number 290218000009000008

Property Details

Property Type

Other

Est. Annual Taxes

$4,532

Year Built

Built in 1868

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Farm
  • Architectural Style: Farmhouse, Prairie
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1868
  • Building Area Total: 5060
  • Garage Y N: Yes
  • Lot Size Acres: 23.49
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://indianalandandlifestyle.com/property/24-acres-hamilton-co-hamilton-indiana/47766/
  • Accessibility Features YN: No
  • MBR_AttributionContact: crenbarger@mossyoakproperties.com
  • Attribution Contact: crenbarger@mossyoakproperties.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Den/Library Fireplace, Family Room
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, Built In Book Shelves, Center Island, Hardwood Floors, Eat-in Kitchen, Pantry, Walk-in Closet(s)
  • Living Area: 3660
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1700
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding, Vinyl With Stone
  • Exterior Features: Barn Mini, Barn Pole, Barn Storage, Carriage/Guest House, Playset, Storage Shed
  • Foundation Details: Stone
  • Patio And Porch Features: Open Patio
  • View Y N: Yes
  • Waterfront Features: Dock, Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Electric
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Hamilton Heights Middle School

Lot Info

  • Lot Features: Irregular Lot, Rural - Not Subdivision, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: Barn, Hay Storage, Stable(s)
  • Lot Size Sq Ft: 1023224
  • Parcel Number: 290218000009000008
  • Acres: >20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4532
  • Tax Lot: 03-02-18-00-00-009.000
  • Semi Annual Property Tax Amt: 2266

MLS Schools

  • Elementary School: Hamilton Heights Elementary School
  • High School: Hamilton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Feb 19, 2024
Sold by
Brittain Lee L and Brittain Alison M
Bought by
Lammer Christopher and Lammer Catharine
Seller's Agent
Chad Renbarger
Mossy Oak Properties
Buyer's Agent
John Long
Coldwell Banker - Kaiser
List Price
$1,350,000
Sold Price
$1,350,000
Views
116
Current Estimated Value
$968,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$381,472
Avg. Annual Appreciation
-16.11%
Original Mortgage
$1,080,000
Outstanding Balance
$1,060,950
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$92,422

Purchase Details

Closed on
May 8, 2018
Sold by
Brittain Lee L and Brittain Alison M
Bought by
Brittain Lee L and Brittain Alison M

Purchase Details

Closed on
Aug 11, 2017
Sold by
Mcgffney Benjamin M
Bought by
Mcgaffney Benjamin M

Purchase Details

Listed on
May 3, 2015
Closed on
Jul 8, 2015
Sold by
Durbin Christine
Bought by
Brittan Lee L and Brittan Alison M
Seller's Agent
Chris Dell
F.C. Tucker Company
Buyer's Agent
Marita Topmiller
Highgarden Real Estate
List Price
$476,000
Sold Price
$460,000
Premium/Discount to List
-$16,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$414,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Havenwood Homeowners Assn Inc
Bought by
Davis Jeremy Kent and Davis Katie Marine

Purchase Details

Closed on
Mar 9, 2013
Sold by
Willoughby Cara E and Willoughby Rick
Bought by
Durbin Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Mccool Michael D and Mccool Lisa
Bought by
Willoughby Cara E and Willoughby Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,600
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Surber Michael D and Surber Carrie K
Bought by
Mccool Michael D and Mccool Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Lammer Christopher $1,350,000 Centurion Land Title
Brittain Lee L -- Meridian Title Corp
Mcgaffney Benjamin M -- None Available
Brittan Lee L -- Attorney
Davis Jeremy Kent -- None Available
Durbin Christine -- None Available
Willoughby Cara E -- Stewart Title
Mccool Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lammer Christopher $1,080,000
Previous Owner Brittan Lee L $414,000
Previous Owner Durbin Christine $375,250
Previous Owner Willoughby Cara E $353,600
Previous Owner Mccool Michael D $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2024 02/14/24 Sold $1,350,000 0.0% $369 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $1,350,000 +193.5% $369 / Sq Ft
07/09/2015 07/09/15 Sold $460,000 -3.4% $96 / Sq Ft View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $476,000 +20.5% $99 / Sq Ft
06/17/2013 06/17/13 Sold $395,000 -1.0% $107 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
10/05/2011 10/05/11 For Sale $399,000 -- $108 / 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 $4,662 $475,600 $116,000 $359,600
2023 $4,662 $449,200 $107,500 $341,700
2022 $4,532 $419,500 $98,500 $321,000
2021 $4,146 $375,600 $93,800 $281,800
2020 $2,416 $272,700 $74,400 $198,300
2019 $2,442 $279,900 $44,000 $235,900
2018 $2,600 $286,300 $44,300 $242,000
2017 $2,411 $267,800 $46,100 $221,700
2016 $2,439 $270,800 $46,900 $223,900
2014 $2,634 $255,000 $45,100 $209,900
2013 $2,634 $237,700 $42,900 $194,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21954891

MIBOR Broker Listing Cooperative®

APN: 29-02-18-000-009.000-008