NOT LISTED FOR SALE

3501 W 550 S Portland, IN 47371

Estimated Value: $466,666

39.1 Acres
$11,935 Price per Acre
1,703,196 Sq Ft Lot

Last Sold February 26, 2015

Last sale price $249,772

Est. 87% increase in value since last sale

Current estimated payment $2,604/month

50 Days on Market

About This Lot

As of February 2015

The real estate consists of +/- 80 acres and will be offered in 4 tracts. Approximately +/- 46 acres are tillable. There are potential home sites on the land, opportunities for recreational use and timber. Tract #1 consists of +/-40 tillable acres, Tract #2 consists of +/- 24 wooded acres, Tract #3 consists of +/-10 wooded acres and Tract #4 consists of +/- 6 tillable acres. The tracts will be offered using the Freedom Tract Auction Method. This method allows for bidders to bid on any individual tract, any combination of tracts, or the entirety. Tracts will sell with owner confirmation. Bidding is not contingent upon inspections or financing, so come prepared to bid. Statements made day of sale take precedence over printed material.

Last Agent to Sell the Property

Kyle Cook

Home Experts Realty Listed on: 12/03/2014

Home Experts Realty

Co-Listed By

Brody Tarter

RE/MAX Evolve

RE/MAX Evolve

Last Buyer's Agent

Brody Tarter

RE/MAX Evolve

RE/MAX Evolve

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $806

Lot Details

  • 39.1 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Albany Elementary School
  • East Jay County Middle School
  • Jay County High School

Farming

  • Agricultural

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 38-10-14-800-005.001-024

Property Details

Property Type

Land

Est. Annual Taxes

$806

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Property subject to survey |
  • Parcel Number ID: 38-10-14-800-005.001-024
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Parcel Description: Corner, Heavily Wooded, 15+
  • Restrictions: Deed Restrictions
  • Type of Sale: Auction
  • Can Be Subdivided: Yes
  • Options: Will Divide
  • Type Use: Agriculture, Recreational
  • Special Features: Auction

Exterior Features

  • Road Frontage: County

Schools

  • School District: Jay Schools
  • Elementary School: Albany
  • Middle School: East Jay County
  • High School: Jay County
  • Elementary School: Albany

Lot Info

  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 1703196
  • Estimated Lot Size Acres: 39.1

MLS Schools

  • High School: Jay County
  • Middle School: East Jay County
  • School District: Jay Schools

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

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $249,772 0.0% --
01/22/2015 01/22/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $249,772 -- --
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 $806 $52,700 $52,700 $0
2023 $806 $40,900 $40,900 $0
2022 $576 $32,200 $32,200 $0
2021 $541 $27,800 $27,800 $0
2020 $560 $27,500 $27,500 $0
2019 $632 $33,500 $33,500 $0
2018 $629 $34,600 $34,600 $0
2017 $770 $39,800 $39,800 $0
2016 $731 $42,200 $42,200 $0
2014 $1,763 $100,900 $100,900 $0
2013 $1,763 $86,600 $86,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201453084

Indiana Regional MLS

APN: 38-10-14-800-005.001-024