NOT LISTED FOR SALE

407 W State Road 47 Lebanon, IN 46052

Estimated Value: $495,711

38.64 Acres
$12,829 Price per Acre
1,683,158 Sq Ft Lot

Last Sold September 28, 2017

Last sale price $270,200

Est. 83% increase in value since last sale

Current estimated payment $2,692/month

6 Days on Market

About This Lot

As of September 2017

Rare opportunity in Lebanon area w picturesque 360 degree views ideal for row crops, horse farm, dream home, future development neighborhood or future commercial property investment Close to I 65 immediately East of SR 39 (GPS incorrect, GPS to 460 W SR 47 across the street) Potential for farm, new const development or possible commercial future uses due to desirable location near St Rd 39 and 47 intersection & great opportunity to be near I 65! Barn includes well and electricity.

Last Agent to Sell the Property

Joel Abney

Carpenter, REALTORS® License #RB14038744 Listed on: 09/14/2017

Carpenter, REALTORS®

Last Buyer's Agent

Joel Abney

Carpenter, REALTORS® License #RB14038744 Listed on: 09/14/2017

Carpenter, REALTORS®

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,034

Lot Details

  • 38.64

Home Design

  • Concrete Perimeter Foundation

Additional Features

  • Shed
  • 38.64 Acre Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 061001000016001017

Property Details

Property Type

Land

Est. Annual Taxes

$1,034

Lot Details

0

Listing Details

  • Type: AgricLand,RowCrop
  • Property Sub Type: Farm
  • Property Type: Farm
  • New Construction: No
  • Tax Year: 2016
  • Lot Size Acres: 38.64
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General,Not Applicable
  • Property Description: Rare opportunity in Lebanon area w picturesque 360 degree views ideal for row crops, horse farm, dream home, future development neighborhood or future commercial property investment Close to I 65 immediately East of SR 39 (GPS incorrect, GPS to 460 W SR 47 across the street) Potential for farm, new const development or possible commercial future uses due to desirable location near St Rd 39 and 47 intersection & great opportunity to be near I 65! Barn includes well and electricity.
  • F H A Certified: 0
  • Miscellaneous: CrpYldData,LeaseCrop,LeaseFarm
  • Residence: 0
  • Special Features: None

Interior Features

  • Room Count: 0
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Topography: Cleared
  • Road Access: Frontage Road,StateRoad

Utilities

  • Water Source: Well
  • Solid Waste: 0

Lot Info

  • Parcel Number: 061001000016001017
  • Acres: >20 Acres
  • Lot Number: NA
  • Lot Size: 1,683,158
  • Soil Type: Loam
  • Pasture Acres: 2.0000

Tax Info

  • Tax Annual Amount: 1034
  • Semi Annual Property Tax Amt: 517
  • Tax Exemption: None

MLS Schools

  • School District: Lebanon Community
  • Schools: Lebanon High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Sep 29, 2017
Sold by
Kouns Ag Inc
Bought by
Shelley Edward Lee and Shelley Eva Jane
Seller's Agent
Joel Abney
Carpenter, REALTORS®
Buyer's Agent
Joel Abney
Carpenter, REALTORS®
List Price
$316,848
Sold Price
$270,200
Premium/Discount to List
-$46,648
-14.72%
Current Estimated Value
$495,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,511
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
May 21, 2009
Sold by
Stewart Clifford H and Stewart Karen D
Bought by
Kouns Craig N and Kouns Dawn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shelley Edward Lee -- Royal Title Services Inc
Kouns Craig N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $270,200 -14.7% --
09/21/2017 09/21/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $316,848 -- --
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
2025 $983 $75,300 $75,300 $0
2024 $983 $81,000 $81,000 $0
2023 $830 $67,500 $67,500 $0
2022 $707 $53,300 $53,300 $0
2021 $656 $45,800 $45,800 $0
2020 $651 $45,400 $45,400 $0
2019 $768 $55,400 $55,400 $0
2018 $827 $60,800 $57,200 $3,600
2017 $908 $69,100 $65,700 $3,400
2016 $1,077 $85,500 $69,600 $15,900
2014 $1,025 $89,100 $72,800 $16,300
2013 $1,106 $84,500 $68,500 $16,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joel Abney

    Carpenter, REALTORS®

    (317) 258-1768

    29 Total Sales

    Joel Abney
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21512915

MIBOR Broker Listing Cooperative®

APN: 06-10-01-000-016.001-017

Indiana Boone County Lebanon 46052

407 W State Road 47, Lebanon, IN

Not Listed for Sale

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