NOT LISTED FOR SALE

Estimated Value: $452,000 - $588,000

2.82 Acres
$182,014 Price per Acre
122,839 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $42,000

Est. 1,122% increase in value since last sale

Current estimated payment $3,139/month

59 Days on Market

About This Lot

As of May 2016

Beautiful building lot. Just under 3 acres, majority of it wooded. Red Oak Estates offers large lots with peaceful quiet settings just minutes from town, shools, shopping & Lake Monroe. Great access to Hwy 37 & future I69.

Last Agent to Sell the Property

Samantha Brummett

Millican Realty Listed on: 02/15/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $310

Lot Details

  • 2.82 Acre Lot
  • Property fronts a county road
  • Finished Lot(s)

Parking

  • Driveway

Utilities

  • Septic System

Community Details

  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 53-11-02-202-013.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$310

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Red Oak Estates Lot 32
  • Parcel Number ID: 53-11-02-202-013.000-006
  • Platted: Yes
  • Cross Street: Ramp Creek
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 84.17
  • Parcel Description: Partially Wooded
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Lakeview
  • Middle School: Jackson Creek
  • High School: Bloomington South

Lot Info

  • Estimated Lot Sq Ft: 122839
  • Estimated Lot Size Acres: 2.82

Tax Info

  • Annual Taxes: 310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 27, 2016
Sold by
Seifers Brad and Seifers Kelly
Bought by
Palileo Gerry and Palielo Carla
Seller's Agent
Samantha Brummett
Millican Realty
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%
Current Estimated Value
$513,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,279
Avg. Annual Appreciation
31.12%

Purchase Details

Closed on
May 16, 2006
Sold by
Karras Louis Lee and Karras Kathryn S
Bought by
Seifers Brad and Seifers Kelly
Source: Public Records

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    Section Image

Range of Values:

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Average Value
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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
Palileo Gerry -- None Available
Seifers Brad -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palileo Gerwien $195,800
Closed Palileo Gerwien $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $42,000 -15.8% --
04/14/2016 04/14/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $49,900 -- --
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 $3,348 $406,700 $80,000 $326,700
2023 $3,215 $390,700 $76,800 $313,900
2022 $2,973 $360,900 $76,800 $284,100
2021 $2,560 $307,300 $53,200 $254,100
2020 $2,659 $305,500 $53,200 $252,300
2019 $2,087 $282,600 $45,300 $237,300
2018 $2,036 $269,500 $45,300 $224,200
2017 $1,623 $222,100 $45,300 $176,800
2016 $619 $45,300 $45,300 $0
2014 $620 $45,300 $45,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201606310

Indiana Regional MLS

APN: 53-11-02-202-013.000-006