NOT LISTED FOR SALE

2875 N County Road 1000 W Norman, IN 47264

Estimated Value: $129,000

80 Acres
$1,612 Price per Acre
3,484,800 Sq Ft Lot

Last Sold April 05, 2013

Last sale price $210,000 $64 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $758/month

2 Days on Market

About This Lot

As of April 2013

80 ACRES AND MORE! APPROXIMATELY 45 TILLABLE ACRES, 25 WOODED ACRES, AND A 1 ACRE POND. THERE ARE 3 MOBILE HOME SITES ON PROPERTY, ALL WITH SEPARATE UTILITIES. ALSO INCLUDED IN THE SALE ARE A 1993 MOBILE HOME WITH 3 BEDROOMS & 2 BATHS, AND A 1976 MOBILE HOME WITH 3 BEDROOMS AND 1 BATH, THE 3RD MOBILE HOME SITE IS CURRENTLY VACANT. THERE IS ALSO AN OLDER HOME ON THE PROPERTY THAT HAS LITTLE OR NO VALUE. PROPERTY BEING SOLD AS IS PER COURT ORDER.

Last Agent to Sell the Property

Teresa Baker

RE/MAX Real Estate Center Listed on: 03/18/2013

Last Buyer's Agent

Teresa Baker

RE/MAX Real Estate Center Listed on: 03/18/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,197

Lot Details

  • 80 Acre Lot
  • Finished Lot(s)

Schools

  • Brownstown Elementary School
  • Brownstown Central Middle School
  • Brownstown Central High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 36-63-32-200-007.000-010

Property Details

Property Type

Land

Est. Annual Taxes

$1,197

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: N 1/2 NW IMP 32-6-3 80A |
  • Parcel Number ID: 36-63-32-200-007.000-010
  • Platted: Yes
  • Section Number: 32
  • Year Taxes Payable: 2012
  • Special Features: None

Schools

  • Elementary School: Brownstown
  • Middle School: Brownstown Central
  • High School: Brownstown Central
  • Elementary School: Brownstown

Lot Info

  • Lot Dimensions: 80 ACRES M/L
  • Estimated Lot Sq Ft: 3484800
  • Estimated Lot Size Acres: 80

Tax Info

  • Annual Taxes: 1196.9

MLS Schools

  • High School: Brownstown Central
  • Middle School: Brownstown Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Otting Enterprises Llc
Bought by
Otting David
Current Estimated Value
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,697,500
Outstanding Balance
$2,281,130
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$2,143,130

Purchase Details

Closed on
Jul 23, 2015
Sold by
Otting Lorene
Bought by
Otting Enterprises Llc

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 5, 2013
Sold by
Ault Herb R
Bought by
Prusha Avril
Seller's Agent
Teresa Baker
RE/MAX Real Estate Center
Buyer's Agent
Teresa Baker
RE/MAX Real Estate Center
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.31%
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 Buyer Sale Price Title Company
Otting David $316,800 --
Otting David $316,800 Security Title Services
Otting Enterprises Llc -- --
Prusha Avril $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otting David $2,697,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $210,000 -12.5% $64 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $240,000 -- $73 / Sq Ft
Source: Indiana Regional 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
2024 $922 $55,700 $55,700 $0
2023 $787 $46,400 $46,400 $0
2022 $967 $36,600 $36,600 $0
2021 $639 $37,200 $31,500 $5,700
2020 $628 $36,800 $31,300 $5,500
2019 $704 $43,600 $38,100 $5,500
2018 $812 $51,800 $46,300 $5,500
2017 $887 $59,600 $51,700 $7,900
2016 $953 $62,000 $54,100 $7,900
2014 $1,043 $66,400 $58,800 $7,600
2013 $1,043 $166,300 $51,900 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20024533

Indiana Regional MLS

APN: 36-63-32-200-007.000-010