NOT LISTED FOR SALE

2874 S 500 E Morocco, IN 47963

189.3 Acres
-- Price per Acre
8,245,908 Sq Ft Lot

Last Sold December 27, 2024

Last sale price $1,950,000

137 Days on Market

About This Lot

As of December 2024

***189 ACRES*** ***TWO PARCELS*** ***PRIME AGRICULTURAL PROPERTY***Located at the corner of SR 55 and County Road 500 E, this income producing farm is now available. Yield information available upon request. Call an agent today.

Last Agent to Sell the Property

Trisha Potts

RE/MAX Executives License #RB14046118 Listed on: 05/31/2024

RE/MAX Executives

Last Buyer's Agent

James Taulman

Stucker Realty, Inc. License #RB14038382

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,322

Lot Details

  • 189.3 Acre Lot
  • Property fronts a state road
  • Additional Parcels

Utilities

  • No Utilities
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56-11-14-400-011.000-008

Property Details

Property Type

Land

Est. Annual Taxes

$7,322

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Agricultural
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Agricultural
  • ResoPoolFeatures: None
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Asphalt
  • Reso View: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: NRA1811
  • Subdivision Name: None
  • Reso Other Structures: None
  • Financial Info Electric: Other
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural

Exterior Features

  • Fencing: None
  • Acres: 189.3
  • Reso Roof: None

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Lot Info

  • Lot Dimensions: Multiple Lots
  • Lot Size Sq Ft: 8245908
  • Additional Parcels: Yes
  • Parcel #: 56-11-14-400-011.000-008

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Dec 21, 2024
Sold by
Gelsosomo Tracy L
Bought by
Taulman Rudy D
Seller's Agent
Trisha Potts
RE/MAX Executives
Buyer's Agent
James Taulman
Stucker Realty, Inc.
List Price
$2,366,250
Sold Price
$1,950,000
Premium/Discount to List
-$416,250
-17.59%
Views
12
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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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
Taulman Rudy D $1,950,000 Northwest Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $1,950,000 -17.6% --
10/16/2024 10/16/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $2,366,250 -- --
Source: Northwest Indiana 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 $5,315 $352,600 $350,000 $2,600
2023 $4,904 $292,100 $291,800 $300
2022 $5,036 $230,700 $230,400 $300
2021 $3,966 $198,300 $198,100 $200
2020 $4,745 $196,800 $196,600 $200
2019 $5,610 $244,600 $239,900 $4,700
2018 $5,821 $252,200 $247,500 $4,700
2017 $6,846 $289,000 $284,400 $4,600
2016 $7,239 $307,100 $301,300 $5,800
2014 $5,293 $320,800 $315,200 $5,600
2013 $5,293 $276,200 $270,700 $5,500
Source: Public Records

Agents Affiliated with this Home

  • Trisha Potts

    Seller's Agent in 2024

    Trisha Potts

    RE/MAX

    (219) 204-8312

    34 in this area

    199 Total Sales

    Trisha Potts
    Section Image
  • James Taulman

    Buyer's Agent in 2024

    James Taulman

    Stucker Realty, Inc.

    (219) 869-2782

    2 in this area

    48 Total Sales

    James Taulman
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 804615

Northwest Indiana Association of REALTORS®

APN: 56-11-14-400-011.000-008

Indiana Newton County Morocco 47963

2874 S 500 E, Morocco, IN

Not Listed for Sale

Lots

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