NOT LISTED FOR SALE

3261 S 550 W Mentone, IN 46539

Estimated Value: $61,000 - $66,120

-- Bed
-- Bath
-- Sq Ft
3.66 Acres

Last Sold June 17, 2024

Last sale price $65,000

Est. 1% decrease in value since last sale

Current estimated payment $373/month

58 Days on Market

Highlights

  • Access To Lake
  • Fruit Trees
  • Agricultural

About This Home

As of June 2024

If you’ve been looking for some acreage to settle down on or try your hand at a hobby farm this property has great amenities! Located just a stone's throw away from the shimmering waters of Palestine Lake, you can relish in the beauty of nature while enjoying easy access to lake life. Situated a mere half-mile from the public boat launch, water enthusiasts will appreciate the easy access to go boating or fishing. This 3.66 acres of land presents ample space for your outdoor pursuits. The property is zoned agricultural so whether you envision raising a few animals for 4H, cultivating a thriving garden, or enjoying fresh eggs everyday the possibilities are endless. Mature trees provide shade and privacy. As recently as three years ago there was a home on the lot and utilities were connected. REMC electric meter is on site, well & septic believed to be available on site but not warrantied. Park your RV here and make it your summer retreat!

Last Agent to Sell the Property

James Bausch

RE/MAX Results- Warsaw Brokerage Phone: 574-742-4531 Listed on: 04/15/2024

RE/MAX Results- Warsaw

Last Buyer's Agent

Jeremy Fox

King Realty, LLC

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $440

Lot Details

  • 3.66 Acre Lot
  • Lot Dimensions are 414x370x556
  • Property fronts a county road
  • Fruit Trees
  • Subdivision Possible

Parking

  • Driveway

Home Design

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Well
  • Septic System

Additional Features

  • Access To Lake
  • Agricultural
  • Mobile Home Allowed

Listing and Financial Details

  • Assessor Parcel Number 43-10-33-400-152.000-034

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$440

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 13-169-5.A SE COR SE NW 33-32-5 .86A PER DEED, 013-169-014 Pt E Side Se Nw 33-32-5 2.80A
  • Parcel Number ID: 43-10-33-400-152.000-034
  • Platted: Yes
  • Cross Street: SR 25
  • Grid: 10 - Central Kosc.
  • Parcel Id2: 43-10-33-400-174.000-034
  • Road Access: County
  • Road Surface: Concrete
  • Sp Lp Percent: 100
  • Parcel Description: Corner, Irregular, Partially Wooded, 3-5.9999
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Miscellaneous: Mobile Hme/Manfct Allowed, Fruit Trees
  • Type Use: Agriculture, Mobile Home, Camp/RV with Land
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Water Features: Walk to Lake Access
  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Mentone

Lot Info

  • Lot Dimensions: 414x370x556
  • Estimated Lot Sq Ft: 159430
  • Estimated Lot Size Acres: 3.66

Tax Info

  • Annual Taxes: 440

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 2, 2024
Sold by
Howard Amanda A and Howard Mike S
Bought by
Howard Amanda A and Howard Mike S
Seller's Agent
James Bausch
RE/MAX Results- Warsaw
Buyer's Agent
Jeremy Fox
King Realty, LLC
List Price
$65,000
Sold Price
$65,000
Views
29
Current Estimated Value
$64,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$960
Avg. Annual Appreciation
0.33%
Original Mortgage
$55,250
Outstanding Balance
$53,559
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$11,683

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 17, 2024
Sold by
Adams Lloyd Rice and Adams Chayla Elaine
Bought by
Howard Amanda A and Howard Mike S
Seller's Agent
James Bausch
RE/MAX Results- Warsaw
Buyer's Agent
Jeremy Fox
King Realty, LLC
List Price
$65,000
Sold Price
$65,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Outstanding Balance
$53,559
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$11,683
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
Howard Amanda A -- None Listed On Document
Howard Amanda A $65,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Amanda A $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $65,000 0.0% --
06/12/2024 06/12/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $65,000 -- --
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 $236 $17,300 $17,300 $0
2023 $243 $17,300 $17,300 $0
2022 $108 $28,700 $17,300 $11,400
2021 $108 $26,300 $17,300 $9,000
2020 $115 $27,400 $17,300 $10,100
2019 $92 $23,200 $17,300 $5,900
2018 $91 $22,700 $17,300 $5,400
2017 $87 $23,000 $17,300 $5,700
2016 $87 $23,000 $17,300 $5,700
2014 $86 $22,400 $17,300 $5,100
2013 $86 $22,700 $17,300 $5,400
Source: Public Records

Agents Affiliated with this Home

  • James Bausch

    Seller's Agent in 2024

    James Bausch

    RE/MAX

    (574) 551-6051

    340 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Jeremy Fox

    King Realty, LLC

    (260) 625-4115

    4 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202412521

Indiana Regional MLS

APN: 43-10-33-400-152.000-034

Indiana Kosciusko County Mentone 46539

3261 S 550 W, Mentone, IN

This home is located at 3261 S 550 W, Mentone, IN 46539 since 15 April 2024 and is currently estimated at $64,040. 3261 S 550 W is a home located in Kosciusko County with nearby schools including Tippecanoe Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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