NOT LISTED FOR SALE

2950 E Bever Dr Lagro, IN 46941

Estimated Value: $172,000 - $628,464

18.5 Acres
$18,837 Price per Acre
805,860 Sq Ft Lot

Last Sold July 24, 2024

Last sale price $172,100 $49 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,110/month

640 Days on Market

About This Lot

As of July 2024

Check out this 18.5 +/- acre property located in Lagro, IN in Wabash County right off US route 24 east and west bound. This property offers a mixed use of tillable and recreational possibilities. The tillable acreage offers a great opportunity for food plots or a small income for cash rent. The wooded area on the property shows dense whitetail deer trails, Small game trails, and future walking trails. The timber on the property consist of mostly Walnut. A few potential building sites are on the property.

Last Agent to Sell the Property

Ty Mills

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 05/24/2022

Co-Listed By

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle

Last Buyer's Agent

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle

Property Details

Property Type

  • Land

Lot Details

  • 18.5 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Wire Fence
  • Finished Lot(s)

Parking

  • Private Parking
  • Driveway

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 85-11-28-200-005.000-003

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT SW & W1/2 SE & S1/2 NE & PT NW 28-28-7 27.314AC (18.5 +/- acres to be surveyed) from parcel
  • Parcel Number ID: 85-11-28-200-005.000-003
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Partially Wooded, Tillable
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Side Of Road: North, West
  • Type Use: Agriculture, Residential, Recreational
  • Special Features: None

Exterior Features

  • Fence: Woven Wire
  • Road Frontage: County

Garage/Parking

  • Parking: Private

Utilities

  • Electric Company: REMC

Schools

  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Dimensions: 18.5 +/- acres
  • Estimated Lot Sq Ft: 805860
  • Estimated Lot Size Acres: 18.5

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 24, 2024
Sold by
Bowman Phyllis R
Bought by
Wells Marcus P
Seller's Agent
Ty Mills
Mossy Oak Properties/Indiana Land and Lifestyle
Buyer's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
List Price
$249,000
Sold Price
$172,100
Premium/Discount to List
-$76,900
-30.88%
Views
235
Current Estimated Value
$348,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,388
Avg. Annual Appreciation
67.36%
Original Mortgage
$163,495
Outstanding Balance
$155,473
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$193,015
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
Wells Marcus P $172,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Marcus P $163,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $172,100 -9.4% $49 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $189,900 -23.7% $54 / Sq Ft
11/02/2023 11/02/23 For Sale $249,000 +44.7% $70 / Sq Ft
11/01/2023 11/01/23 Off Market $172,100 -- --
12/14/2022 12/14/22 For Sale $249,000 +44.7% $70 / Sq Ft
08/29/2022 08/29/22 Off Market $172,100 -- --
05/24/2022 05/24/22 For Sale $249,000 -- $70 / 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 $3,327 $444,100 $49,000 $395,100
2023 $2,909 $426,400 $43,800 $382,600
2022 $2,269 $389,500 $38,300 $351,200
2021 $2,271 $358,400 $32,200 $326,200
2020 $2,043 $339,100 $32,100 $307,000
2019 $1,832 $319,700 $35,800 $283,900
2018 $1,795 $316,700 $36,500 $280,200
2017 $1,689 $313,900 $39,300 $274,600
2016 $1,236 $312,800 $40,800 $272,000
2014 $1,127 $294,500 $42,000 $252,500
2013 $980 $287,700 $38,100 $249,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202219999

Indiana Regional MLS

APN: 85-11-28-200-005.000-003