NOT LISTED FOR SALE

502 Lutz Rd Bloomington, IL 61704

Estimated Value: $240,000 - $420,277

70.49 Acres
$4,484 Price per Acre
3,070,544 Sq Ft Lot

Last Sold November 14, 2013

Last sale price $1,540,000 $1,645 Per Sq Ft

Current estimated payment $2,310/month

196 Days on Market

About This Lot

As of November 2013

Tillable ground with excellent yields. Recently has had$ 16,000+ in tiling to the land. This land includes a small pond and red barn. Homestead is not included. In future plan for city development. 1+ acre in CRP on waterway. Yearly income approx. $400.00+. Priced 16,000 per acre. Call Cindy for any details. A home on the property was sold and more acerage and the asking price for some of the land went up.

Last Agent to Sell the Property

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 03/25/2013

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274 Listed on: 03/25/2013

Property Details

Property Type

  • Land

Lot Details

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Agricultural/Land Only
  • Potential Use: Agricultural/Land Only
  • Utilities To Site: Well-Private, Septic-Private
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Pond/Lake, Level
  • Road Surface: Asphalt

Exterior Features

  • Acreage: 70.49
  • Frontage Access: Township Road

Schools

  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 70.49
  • Parcel Identification Number: 2120200003
  • BNAR Zoning: R1

Building Info

  • Building Improvements: Barn

Tax Info

  • Taxes: 3618.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Nov 14, 2013
Sold by
Beasley Mildred L
Bought by
Kieser Ronald D and Kieser Duane
Seller's Agent
Cindy Eckols
RE/MAX Choice
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$1,540,000
Sold Price
$1,540,000
Current Estimated Value
$357,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,182,837
Avg. Annual Appreciation
-12.20%
Original Mortgage
$370,500
Interest Rate
4.17%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Dec 4, 2007
Sold by
Hinshaw Mildred L
Bought by
Hinshaw Mildred L and Revocable Living Trust Of Mildred L Hins
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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Purchase History

Date Buyer Sale Price Title Company
Kieser Ronald D $981,500 Mclean County Title
Hinshaw Mildred L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kieser Ronald D $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2013 11/14/13 Sold $1,540,000 0.0% $1,645 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $1,540,000 -- $1,645 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,301 $74,565 $54,021 $20,544
2022 $5,301 $64,268 $47,339 $16,929
2021 $5,037 $60,875 $44,696 $16,179
2020 $4,838 $58,205 $42,392 $15,813
2019 $4,557 $57,158 $40,621 $16,537
2018 $4,418 $57,158 $40,621 $16,537
2017 $4,060 $55,048 $38,736 $16,312
2016 $4,015 $54,012 $37,088 $16,924
2015 $3,911 $52,514 $35,590 $16,924
2014 $3,894 $51,574 $34,826 $16,748
2013 -- $54,343 $31,949 $22,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10196307

Midwest Real Estate Data (MRED)

APN: 21-20-200-003