NOT LISTED FOR SALE

4061 S 100 W Kokomo, IN 46902

Estimated Value: $273,000 - $383,298

11 Acres
$29,155 Price per Acre
485,694 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $260,000

Est. 25% increase in value since last sale

Current estimated payment $2,034/month

119 Days on Market

Highlights

  • 11.15 Acre Lot
  • Western Middle School Rated A-
  • Garage

About This Lot

As of March 2024

Nestled within Indiana's picturesque landscapes is an aviation enthusiast's dream: an expansive 11.15-acre property with its very own private airstrip. This unique offering doesn't just stop at the runway; it boasts two generous hangars, perfect for housing aircraft & equipment. One hangar comfortably offers a small living quarters with a kitchen, bedroom, bathroom, and small living area. The airstrip is primed to handle a variety of personal aircraft, ensuring seamless take-offs and landings every time. Safety is paramount here, with a clear runway lined by trees, meticulously maintained grounds, and secure storage. Combining the tranquility of its serene setting with the convenience of easy accessibility to nearby amenities, this property is truly a rare find in Indiana. If the promise of sky-high adventures and land ownership intrigues you, this is an opportunity not to be missed.

Last Agent to Sell the Property

Andy Hardie

The Hardie Group Brokerage Phone: 765-457-7214 Listed on: 10/10/2023

Last Buyer's Agent

DJ Butcher

Fortune Companies, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,393

Lot Details

  • 11.15 Acre Lot
  • Lot Dimensions are 2400 x 200
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Parking

  • Garage

Schools

  • Western Primary Elementary School
  • Western Middle School
  • Western High School

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 34-09-26-226-008.000-019

Property Details

Property Type

Land

Est. Annual Taxes

$3,393

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: PT N2 NE4 26-23-3 11.15 AC
  • Parcel Number ID: 34-09-26-226-008.000-019
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 100
  • Parcel Description: Level, Pasture
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Garage, Paved

Utilities

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

Schools

  • School District: Western School Corp.
  • Elementary School: Western Primary
  • Middle School: Western Middle School
  • High School: Western High School
  • Elementary School: Western Primary

Lot Info

  • Lot Dimensions: 2400 x 200
  • Estimated Lot Sq Ft: 485694
  • Estimated Lot Size Acres: 11.15

Tax Info

  • Annual Taxes: 3393.43

MLS Schools

  • High School: Western High School
  • Middle School: Western Middle School
  • School District: Western School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Mar 7, 2024
Sold by
Hartlage James
Bought by
Propeller Properties Llc
Seller's Agent
Andy Hardie
The Hardie Group
Buyer's Agent
DJ Butcher
Fortune Companies, Inc
List Price
$260,000
Sold Price
$260,000
Views
405
Current Estimated Value
$325,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,075
Avg. Annual Appreciation
15.90%
Original Mortgage
$195,000
Outstanding Balance
$187,213
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$130,574

Purchase Details

Closed on
Apr 6, 2021
Sold by
James Hartlage
Bought by
State Of Indiana
Source: Public Records

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
Propeller Properties Llc $260,000 None Listed On Document
State Of Indiana $1,800 Kossmann Michelle L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propeller Properties Llc $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $260,000 0.0% --
02/06/2024 02/06/24 Pending -- -- --
10/10/2023 10/10/23 For Sale $260,000 -- --
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 $2,858 $253,600 $89,300 $164,300
2023 $2,858 $247,300 $89,300 $158,000
2022 $3,193 $252,000 $89,300 $162,700
2021 $2,886 $230,700 $90,000 $140,700
2020 $2,212 $169,300 $79,400 $89,900
2019 $2,361 $174,100 $79,400 $94,700
2018 $2,219 $174,400 $79,400 $95,000
2017 $2,215 $173,700 $79,400 $94,300
2016 $1,948 $157,100 $67,700 $89,400
2014 $1,031 $117,300 $67,700 $49,600
2013 $1,162 $120,200 $67,700 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202337300

Indiana Regional MLS

APN: 34-09-26-226-008.000-019