NOT LISTED FOR SALE

3721 N Ol Logging Trail Martinsville, IN 46151

Estimated Value: $99,000

6 Acres
$17,870 Price per Acre
241,322 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $38,000

Est. 161% increase in value since last sale

Current estimated payment $676/month

About This Lot

As of July 2019

Corlett Ridge Sub division offering Lots from 1.2 to 13+ acres. All lot owners have use of lake and common areas. Very low maintenance fees.

Last Agent to Sell the Property

Kevin Williams

Kevin Williams License #RB14040331 Listed on: 05/16/2019

Last Buyer's Agent

Kevin Williams

Kevin Williams License #RB14040331 Listed on: 05/16/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20

Lot Details

  • 5.54

Additional Features

  • 5.54 Acre Lot
  • Septic Needed

Community Details

  • Association fees include home owners, snow removal
  • Corlett Ridge Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 550817200004008002

Property Details

Property Type

Land

Est. Annual Taxes

$20

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2014
  • Lot Size Acres: 5.54
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: CORLETT RIDGE
  • Property Description: Corlett Ridge Sub division offering Lots from 1.2 to 13+ acres. All lot owners have use of lake and common areas. Very low maintenance fees.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 41500
  • Other Structures: No Building
  • Topography: Level
  • Road Access: PrivateRd
  • Water: Municipal Water on Site

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Phone: 765-342-0808
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Snow Removal
  • Mandatory Fee: 100

Lot Info

  • Development Status: Surveyed
  • Number Of Lots: 5
  • Parcel Number: 550817200004008002
  • Zoning: Single
  • Acres: 5-10 Acres
  • Lot Number: 5
  • Lot Size: 5.540
  • Improvements: None
  • Land Characteristics: Rural In Subdivsion,Water Acces
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 7491

Tax Info

  • Tax Annual Amount: 20
  • Semi Annual Property Tax Amt: 10
  • Tax Exemption: None

MLS Schools

  • School District: Eminence Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Cramer Daniel Dale
Bought by
Whittle Al Dean
Current Estimated Value
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Outstanding Balance
$25,950
Interest Rate
7%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$239,050

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 1, 2019
Sold by
Snoddy Alexander Q and Snoddy Portia C
Bought by
Cramer Daniel Dale
Seller's Agent
Kevin Williams
Kevin Williams
Buyer's Agent
Kevin Williams
Kevin Williams
List Price
$41,500
Sold Price
$38,000
Premium/Discount to List
-$3,500
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.56%
Original Mortgage
$222,300
Outstanding Balance
$198,614
Interest Rate
3.9%
Mortgage Type
Construction
Estimated Equity
$66,386

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 5, 2019
Sold by
Cramer Daniel Dale
Bought by
Snoddy Alexander Q and Snoddy Portia C
Seller's Agent
Kevin Williams
Kevin Williams
Buyer's Agent
Kevin Williams
Kevin Williams
List Price
$41,500
Sold Price
$38,000
Premium/Discount to List
-$3,500
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Outstanding Balance
$198,614
Interest Rate
3.9%
Mortgage Type
Construction
Estimated Equity
$66,386
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
Whittle Al Dean $30,000 None Available
Cramer Daniel Dale -- None Available
Snoddy Alexander Q -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittle Al Dean $27,000
Open Snoddy Alexander Q $222,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $38,000 -8.4% --
05/17/2019 05/17/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $41,500 -- --
Source: MIBOR Broker Listing Cooperative®

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 $1,552 $135,900 $77,400 $58,500
2023 $951 $86,300 $52,700 $33,600
2022 $514 $47,600 $47,600 $0
2021 $87 $7,200 $7,200 $0
2020 $88 $7,100 $7,100 $0
2019 $120 $8,900 $8,900 $0
2018 $220 $10,900 $10,900 $0
2017 $148 $10,900 $10,900 $0
2016 $198 $10,900 $10,900 $0
2014 $86 $9,800 $9,800 $0
2013 $86 $9,800 $9,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21641207

MIBOR Broker Listing Cooperative®

APN: 55-08-17-200-004.008-002