NOT LISTED FOR SALE

3843 12b Rd Bourbon, IN 46504

Estimated Value: $906,732

40 Acres
$22,668 Price per Acre
1,742,400 Sq Ft Lot

Last Sold September 18, 2014

Last sale price $410,000 $279 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,893/month

18 Days on Market

About This Lot

As of September 2014

Auction: Highly productive farm land, potential building site, bank barn and more. August 25 @ 6:00 pm on site. 3 tracts.

Last Agent to Sell the Property

Samuel Goebel

RE/MAX OAK CREST -PLYMOUTH Listed on: 08/08/2014

RE/MAX OAK CREST -PLYMOUTH

Last Buyer's Agent

Samuel Goebel

RE/MAX OAK CREST -PLYMOUTH Listed on: 08/08/2014

RE/MAX OAK CREST -PLYMOUTH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,149

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320 x1320
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible
  • Land Lease

Parking

  • Driveway

Schools

  • Triton Elementary And Middle School
  • Triton High School

Farming

  • Agricultural

Utilities

  • Gas Available
  • Well
  • Septic System

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 50-33-24-000-018.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$1,149

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: The Northwest Quarter of the Southwest Quarter of Section 24, Township 33 North, Range 3 East. |
  • Parcel Number ID: 50-33-24-000-018.000-001
  • Platted: Yes
  • Cross Street: Elm Rd.
  • Road Access: County
  • Road Surface: Asphalt
  • Section Number: 24
  • Sp Lp Percent: 100
  • Parcel Description: Corner, Level
  • Type of Sale: Auction
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2014
  • Special Features: Auction

Exterior Features

  • Road Frontage: County

Utilities

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

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton
  • Elementary School: Triton

Lot Info

  • Lot Dimensions: 1320 x1320
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40
  • Leased Acres: Yes

Tax Info

  • Annual Taxes: 1148.54

MLS Schools

  • High School: Triton
  • Middle School: Triton
  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Sep 18, 2014
Sold by
Dragani Robert B
Bought by
Metheny David L
Seller's Agent
Samuel Goebel
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Samuel Goebel
RE/MAX OAK CREST -PLYMOUTH
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$906,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,732
Avg. Annual Appreciation
5.97%
Original Mortgage
$100,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Sechrist Edwin M
Bought by
Dragani Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.2%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Metheny David L -- None Available
Dragani Robert B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Metheny David L $100,000
Previous Owner Dragani Robert B $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2014 09/18/14 Sold $410,000 0.0% $279 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $410,000 -- $279 / 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 $1,027 $91,700 $91,700 --
2022 $1,027 $60,300 $60,300 $0
2021 $784 $51,900 $51,900 $0
2020 $761 $51,500 $51,500 $0
2019 $937 $62,700 $62,700 $0
2018 $985 $64,700 $64,700 $0
2017 $1,071 $74,400 $74,400 $0
2016 $1,067 $85,100 $80,500 $4,600
2014 $1,470 $109,000 $105,000 $4,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201434977

Indiana Regional MLS

APN: 50-33-24-000-018.000-001