NOT LISTED FOR SALE

Estimated Value: $508,000 - $1,315,000

12.5 Acres
$66,863 Price per Acre
544,500 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $900,000 $750 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,765/month

141 Days on Market

About This Lot

As of December 2019

DEVELOPMENT OPPORTUNITY!!! 12.50 acres now available in prime location in Carmel! Property is in R2 District, Maximum 3.9 lots/acre. City water and sewer very close. On city street frontage.

Last Agent to Sell the Property

Marisol Bonilla

Senior Real Estate Experts License #RB18000587 Listed on: 12/19/2018

Last Buyer's Agent

Dean Glascock

F.C. Tucker Company

F.C. Tucker Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,518

Lot Details

  • 12.5

Additional Features

  • 12.5 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 291030000014000018

Property Details

Property Type

Land

Est. Annual Taxes

$2,518

Lot Details

12.5 Acres

Listing Details

  • Type: AgricLand,Undeveloped,SeeRemarks
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 12.5
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: DEVELOPMENT OPPORTUNITY!!! 12.50 acres now available in prime location in Carmel! Property is in R2 District, Maximum 3.9 lots/acre. City water and sewer very close. On city street frontage.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: Barn(s)
  • Topography: Sloping
  • Road Access: Frontage Road,CityStreet
  • Water: Municipal Water Near By

Utilities

  • Sewer: Septic Tank
  • Solid Waste: 1

Lot Info

  • Development Status: Easements,Zoning Change Required
  • Parcel Number: 291030000014000018
  • Zoning: AGR-NEC
  • Acres: 10-20 Acres
  • Lot Number: 17103000
  • Lot Size: 544,500
  • Improvements: Paved Streets
  • Land Characteristics: Suburban
  • Potential Zoning: Single Family,See Remarks
  • Present Zoning: Agricultur
  • Divisible: 1

Tax Info

  • Tax Annual Amount: 2518
  • Semi Annual Property Tax Amt: 1259
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Carmel Clay Schools
  • Schools: Carmel High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Old Town Holdings I Llc
Bought by
Vance Michael Tony and Vance Tammy Lynn
Current Estimated Value
$835,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$850,608
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$14,820

Purchase Details

Listed on
Dec 19, 2018
Closed on
Dec 5, 2019
Sold by
Foland Robert C
Bought by
Old Town Holdings Llc
Seller's Agent
Marisol Bonilla
Senior Real Estate Experts
Buyer's Agent
Dean Glascock
F.C. Tucker Company
List Price
$1,250,000
Sold Price
$900,000
Premium/Discount to List
-$350,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.18%
Original Mortgage
$525,000
Interest Rate
3.7%
Mortgage Type
Commercial
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
Vance Michael Tony $1,325,000 None Listed On Document
Old Town Holdings Llc -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Michael Tony $1,060,000
Previous Owner Old Town Holdings Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $900,000 -28.0% $750 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $1,250,000 -- $1,042 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $5,550 $328,600 $175,300 $153,300
2023 $5,550 $275,300 $121,100 $154,200
2022 $4,979 $241,400 $116,700 $124,700
2021 $4,812 $232,200 $114,300 $117,900
2020 $4,525 $218,300 $112,300 $106,000
2019 $2,524 $222,200 $115,000 $107,200
2018 $2,453 $218,400 $115,500 $102,900
2017 $2,519 $222,700 $117,800 $104,900
2016 $2,432 $213,700 $118,800 $94,900
2014 $2,184 $202,600 $109,700 $92,900
2013 $2,184 $194,800 $106,900 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21611581

MIBOR Broker Listing Cooperative®

APN: 29-10-30-000-014.000-018

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