NOT LISTED FOR SALE

448 Splinter Ridge Rd Madison, IN 47250

Estimated Value: $182,803 - $226,000

34.69 Acres
$5,917 Price per Acre
1,511,096 Sq Ft Lot

Sale Details

Date Sold: April 28, 2021

Last sale price $140,100 $195 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,163 / mo

14 Days on Market

Highlights

  • Horse Stalls
  • 34.69 Acre Lot
  • Partially Wooded Lot
  • View of Trees or Woods
  • Lake, Pond or Stream
  • 20 Acres of Pasture

About This Lot

As of April 2021

Are you looking for land for recreational use and/or building site? This is for you! Located across the road from Splinter Ridge Fish and Wildlife Area, this property comes with a house and all the extras...there is no value in the house and the trash/old pool, etc but they are included at this price. You clean up. If the owner/lender cleans it up, the price goes up, up, up! The property is beautiful rolling land with a pond and plenty of woods for hunting. Have cattle or horses? There is a barn with stalls and fencing included, condition is as is. There are no warranties expressed or implied. This property is being sold as is! All offers are to be submitted via PropOffers.com.

Last Agent to Sell the Property

Christy Cutter

River Ridge Realtors Listed on: 03/16/2021

Last Buyer's Agent

Christy Cutter

River Ridge Realtors Listed on: 03/16/2021

Property Details

Property Type

  • Land

Lot Details

  • 34.69 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is zoned AGRI

Utilities

  • Natural Gas Not Available
  • Septic Tank

Additional Features

  • Views of Woods
  • 20 Acres of Pasture
  • Horse Stalls

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00201633300006002

Community Details

Overview

  • Southeastern Indiana Board Association

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Lot Details

34.69 Acres

Listing Details

  • Property Sub Type: Acreage
  • FILLACRES: 34.6900
  • Allow On Internet: Yes
  • Land Description: Lake/Pond, Partially Wooded
  • Lot Measurement: Acres
  • Prop. Type: Land
  • Road Access: County Road
  • Inside Bldg Features: Stalls
  • Public Listing Url: https://seibr.rapmls.com/scripts/mgrqispi.dll?APPNAME=seindiana&PRGNAME=MLSLogin&ARGUMENT=t2nvD/UJMARqcRfyFkS6PR22M0CZ4RGfymUadEba9KA=&KeyRid=1
  • Special Features: None

Interior Features

  • Other Tax Parcel ID: 00201633300006002

Exterior Features

  • Road Frontage: 2000.00
  • Topography: ROLL
  • View: Woods
  • Wooded Acres: 10.00
  • Easements: Public Record

Utilities

  • Gas Company: None
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: Southeastern Indiana Board

Schools

  • School District: Switzerland County

Lot Info

  • Lot Dimensions: 34.69
  • Lot Size Sq Ft: 1511096.00
  • Pastured Acres: 20.00
  • Best Use: Farming, Hunting, Recreational, Resid. Single Family
  • Zoning: AGRI

Tax Info

  • Semi Annual Taxes: 237.75
  • Tax Exemptions: Homestead, Mortgage

MLS Schools

  • School Type: Elementary School
  • School Name: Jeff Craig Elementar
  • School Type: High School
  • School Name: Switzerland County H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 14, 2021
Sold by
Pancap Llc
Bought by
Samuel Ernst
Seller's Agent
Christy Cutter
River Ridge Realtors
Buyer's Agent
Christy Cutter
River Ridge Realtors
List Price
$134,900
Sold Price
$140,100
Premium/Discount to List
$5,200
3.85%
Current Estimated Value
$205,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,168
Avg. Annual Appreciation
8.07%
Interest Rate
3.13%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Morton Sheriff Brian
Bought by
Pancap Llc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Samuel Ernst $140,100 --
Pancap Llc $85,707 Feiwell & Hannoy, P.C.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Samuel Ernst --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $140,100 +3.9% $195 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $134,900 -- $187 / Sq Ft
Source: Southeastern Indiana Board 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 $794 $127,000 $37,700 $89,300
2024 $794 $70,600 $39,300 $31,300
2023 $472 $66,700 $35,400 $31,300
2022 $422 $63,200 $31,300 $31,900
2021 $230 $59,700 $29,200 $30,500
2020 $348 $57,100 $29,100 $28,000
2019 $370 $59,900 $31,900 $28,000
2018 $402 $69,700 $32,400 $37,300
2017 $419 $72,000 $35,000 $37,000
2016 $430 $75,400 $36,100 $39,300
2014 $406 $75,600 $37,000 $38,600
2013 $406 $73,600 $34,100 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 194520

Southeastern Indiana Board of REALTORS®

APN: 78-16-33-300-006.002-002

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