NOT LISTED FOR SALE

407 N 3rd St Mitchell, IN 47446

Estimated Value: $95,000 - $173,000

0.23 Acre
$628,304 Price per Acre
10,019 Sq Ft Lot

Last Sold May 11, 2017

Last sale price $3,500 $3 Per Sq Ft

Est. 4,029% increase in value since last sale

Current estimated payment $1,016/month

166 Days on Market

About This Lot

As of May 2017

100x81 lot inside Mitchell city limits - previous house burnt, lot has been cleared. Nice area to build your new home.

Last Agent to Sell the Property

Teresa Baker

RE/MAX Real Estate Center Listed on: 11/03/2016

Last Buyer's Agent

Debra Suddarth

Suddarth & Company

Property Details

Property Type

  • Land

Year Built

  • 1974

Lot Details

  • Lot Dimensions are 100x81
  • Finished Lot(s)
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Schools

  • Mitchell Elementary And Middle School
  • Mitchell High School

Listing and Financial Details

  • Assessor Parcel Number 47-11-36-402-060.000-005

Property Details

Property Type

Land

Year Built

1974

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Sec 36 Twp 4 R1W .1859A nw se |
  • Parcel Number ID: 47-11-36-402-060.000-005
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 87.5
  • Parcel Description: Level, 0-2.9999
  • Restrictions: Zoning Restrictions
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Side Of Road: West
  • Type Use: Residential
  • Year Taxes Payable: 2016
  • Special Features: None
  • Year Built: 1974

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Gravel, Off Street

Utilities

  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: Mitchell Water
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • School District: Mitchell Community Schools
  • Elementary School: Mitchell
  • Middle School: Mitchell
  • High School: Mitchell
  • Elementary School: Mitchell

Lot Info

  • Lot Dimensions: 100x81

Tax Info

  • Annual Taxes: 176

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
May 11, 2017
Sold by
Terrell Gary D and Terrell Nancy S
Bought by
Johnson James L and Johnson Meleah K
Seller's Agent
Teresa Baker
RE/MAX Real Estate Center
Buyer's Agent
Debra Suddarth
Suddarth & Company
List Price
$4,000
Sold Price
$3,500
Premium/Discount to List
-$500
-12.5%
Total Days on Market
166
Current Estimated Value
$144,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,010
Avg. Annual Appreciation
58.48%

Purchase Details

Closed on
May 24, 2007
Sold by
Davis Robert T
Bought by
Terrell Gary D and Terrell Nancy S
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
Johnson James L -- --
Terrell Gary D $30,000 Lawrence County Abstract Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $3,500 -12.5% $3 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $4,000 -- $4 / 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 $2,484 $121,200 $13,200 $108,000
2023 $2,254 $109,700 $12,800 $96,900
2022 $2,024 $101,200 $12,400 $88,800
2021 $1,830 $91,500 $12,100 $79,400
2020 $1,780 $89,000 $11,800 $77,200
2019 $1,726 $97,600 $8,000 $89,600
2018 $237 $7,900 $7,900 $0
2017 $176 $8,800 $8,800 $0
2016 $176 $8,800 $8,800 $0
2014 $1,058 $52,900 $8,800 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201650323

Indiana Regional MLS

APN: 47-11-36-402-060.000-005