NOT LISTED FOR SALE

487 Indian Bay Blvd Merritt Island, FL 32953

Estimated Value: $98,000 - $411,000

0.05 Acre
$3,902,440 Price per Acre
2,178 Sq Ft Lot

Last Sold October 02, 2018

Last sale price $60,000

Est. 226% increase in value since last sale

Current estimated payment $1,079/month

Highlights

  • Community Boat Slip
  • Home fronts navigable water
  • No HOA
  • Lewis Carroll Elementary School Rated A-

About This Lot

As of October 2018

FOR COMPARABLE PURPOSES ONLY Waterfront lot with 2 boat lifts

Last Agent to Sell the Property

Joseph Cholewa

Blue Marlin Real Estate License #3135943 Listed on: 10/02/2018

Blue Marlin Real Estate

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $176

Lot Details

  • 2,178 Sq Ft Lot
  • Home fronts navigable water
  • River Front
  • Home fronts a canal

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-50-00000.0-000d.02

Community Details

Overview

  • No Home Owners Association
  • Indian Bay Estates Phase 1 Subdivision

Recreation

  • Community Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$176

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Slip
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Bay Estates Phase 1
  • Location Tax and Legal Parcel Number2: 23-36-34-50-00000.0-000d.02
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 72.29
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.05
  • Waterfront Features: Canal Front, Navigable Water, River Front
  • Waterfront: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Navigable Water: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-34-50-00000.0-000d.02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 72.29

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Sep 24, 2018
Sold by
Sullivan Graham Tommie B and Sullivan Graham Jennifer
Bought by
Silsbee Frank J and Silsbee Lisa J
Seller's Agent
Joseph Cholewa
Blue Marlin Real Estate
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$195,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,303
Avg. Annual Appreciation
18.23%

Purchase Details

Closed on
Oct 15, 1994
Sold by
John Byron M and John Jean D
Bought by
Dover Gay and Dover Diane L
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
Silsbee Frank J $60,000 Attorney
Dover Gay $8,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $60,000 0.0% --
10/02/2018 10/02/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $60,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2023 $176 $16,580 $0 $0
2022 $160 $16,580 $0 $0
2021 $130 $9,970 $7,250 $2,720
2020 $133 $9,970 $7,250 $2,720
2019 $138 $10,000 $7,250 $2,750
2018 $94 $8,180 $5,500 $2,680
2017 $72 $4,870 $2,000 $2,870
2016 $80 $5,120 $2,000 $3,120
2015 $83 $5,120 $2,000 $3,120
2014 $85 $5,120 $2,000 $3,120
Source: Public Records

Agents Affiliated with this Home

  • Joseph Cholewa

    Seller's Agent in 2018

    Joseph Cholewa

    Blue Marlin Real Estate

    (321) 543-9939

    22 in this area

    46 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 826074

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-50-00000.0-000D.02

Florida Brevard County Merritt Island 32953

487 Indian Bay Blvd, Merritt Island, FL

This home is located at 487 Indian Bay Blvd, Merritt Island, FL 32953 since 02 October 2018 and is currently estimated at $195,122. 487 Indian Bay Blvd is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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