NOT LISTED FOR SALE

Estimated Value: $358,885 - $2,134,000

2 Beds
2 Baths
1,665 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $1,861,657 $1,118 Per Sq Ft

Current estimated payment $4,445/month

11 Days on Market

Highlights

  • 146.3 Acre Lot
  • Lowell Senior High School Rated 9+
  • Farm

About This Home

As of October 2022

Subject property of 146.3 acres (+/-) consists of 2 parcels of approx 73 acres each. Property is historically farmed with rolling topography less than 1 mile S of Hwy 2 and Lowell HS with combined frontage in excess of 4300' on Belshaw Rd & Clark St. Low ag taxes ($2,292 2021 payable 2022) and cash rent from farm lease. Property is approx 1,000' outside of Lowell Town Limits which make this an attractive investment long term with residential development potential. Property is adjacent and South of Buckley Homestead Park with Lake Co Parks & Recreation owning 370 acres (+/-). Subject to 2022 crop rights. See attached soil map, topography, plat map and GIS information. Other than a 2.75 acre parcel on Belshaw Rd the property has road frontage along the North and West property lines.

Last Agent to Sell the Property

Tim Brust

Wille Stiener & Brust, Inc. License #RB14036872 Listed on: 06/13/2022

Last Buyer's Agent

Non-Member Agent

Non-Member MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,292

Lot Details

  • 146.3 Acre Lot

Home Design

  • Farm

Community Details

  • Built by NO IMPROVEMENTS

Listing and Financial Details

  • Assessor Parcel Number 452030300011000007

Property Details

Property Type

Other

Est. Annual Taxes

$2,292

Lot Details

146.3 Acres

Listing Details

  • Property Type: Farm
  • Year Built: 9999
  • Reso Property Sub Type: Farm
  • ResoLotFeatures: Rolling Slope
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: NRA1232
  • Subdivision Name: N/A
  • Habitable Residence: No
  • Reso Other Structures: None
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement YN: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 146.3
  • Builder Name: NO IMPROVEMENTS

Utilities

  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 6372828
  • Cultivated Acreage: 143
  • Parcel #: 452030300011000007

Rental Info

  • LeaseType: Net

Tax Info

  • Tax Annual Amount: 2292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 1, 2022
Sold by
Marjorie Herlitz Revocable Trust
Bought by
Moon Island Farms Incorporated
Seller's Agent
Tim Brust
Wille Stiener & Brust, Inc.
Buyer's Agent
Non-Member Agent
Non-Member MLS Office
List Price
$1,861,657
Sold Price
$1,861,657
Current Estimated Value
$833,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,027,936
Avg. Annual Appreciation
-21.61%
Original Mortgage
$1,850,000
Outstanding Balance
$1,790,327
Interest Rate
7.08%
Estimated Equity
-$956,606
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moon Island Farms Incorporated -- Greater Indiana Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Island Farms Incorporated $1,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $1,861,657 0.0% $1,118 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $1,861,657 -- $1,118 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $1,799 $267,900 $72,400 $195,500
2024 $4,168 $248,700 $72,600 $176,100
2023 $1,848 $215,600 $42,200 $173,400
2022 $1,848 $208,200 $41,700 $166,500
2021 $1,560 $177,800 $41,500 $136,300
2020 $1,446 $171,500 $41,500 $130,000
2019 $1,505 $166,900 $41,800 $125,100
2018 $1,476 $164,200 $41,900 $122,300
2017 $1,360 $144,900 $42,100 $102,800
2016 $1,382 $149,800 $42,300 $107,500
2014 $1,273 $145,300 $42,300 $103,000
2013 $1,255 $141,700 $42,000 $99,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 513964

Northwest Indiana Association of REALTORS®

APN: 45-20-30-300-010.000-007

Your Personal Tour Guide

Ask me questions while you tour the home.