NOT LISTED FOR SALE

505 N Swain St Ingalls, IN 46048

Estimated Value: $222,000

0.12 Acre
$1,850,000 Price per Acre
5,200 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $20,000 $8 Per Sq Ft

Est. 1,010% increase in value since last sale

Current estimated payment $1,182/month

6 Days on Market

About This Lot

As of September 2024

Exciting opportunity to build on two lots consisting of approximately .24 acres in Madison County. NO HOA. Lots have access to water and sewer. Two adjacent parcels for sale separately as well as an income property with a 3 bedroom home. This portfolio offers a rare blend of immediate income potential and future development---don't miss your chance to add all these parcels to your real estate portfolio!

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services Brokerage Email: chris@indyplace.com License #RB14031306 Listed on: 08/20/2024

RE/MAX Realty Services

Last Buyer's Agent

Kathy Hall

Berkshire Hathaway Home License #RB14035651

Berkshire Hathaway Home

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $88

Lot Details

  • 5,200 Sq Ft Lot
  • Irregular Lot
  • Additional Parcels

Schools

  • Pendleton Heights Middle School
  • Pendleton Heights High School

Listing and Financial Details

  • Legal Lot and Block 30-54-1 / 764
  • Assessor Parcel Number 481536300153000015
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$88

Lot Details

0

Listing Details

  • Type: Not Applic
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: www.IndyPlace.com
  • MBR_AttributionContact: chris@indyplace.com
  • Attribution Contact: chris@indyplace.com
  • Special Features: None

Exterior Features

  • List Price: 20000
  • Other Structures: Not Applicable
  • Topography: Level
  • Road Access: Not Applic
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Lot Features: Irregular Lot
  • Additional Parcels Description: Section 763
  • Additional Parcels: Yes
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 5200
  • Parcel Number: 481536300153000015
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Land Characteristics: Not Applicable
  • Present Zoning: Not Applicable
  • Price Acre: 166667
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 88
  • Tax Block: 764
  • Tax Lot: 30-54-1
  • Semi Annual Property Tax Amt: 44

MLS Schools

  • High School: Pendleton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Puma Cub Properties Llc
Bought by
Eagle Investments Inc
Current Estimated Value
$222,000

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 5, 2021
Sold by
Beckner Trust
Bought by
Puma Cub Properties Llc
Seller's Agent
Sherri Humes
RE/MAX Real Estate Solutions
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$168,000
Sold Price
$157,500
Premium/Discount to List
-$10,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2016
Sold by
Beckner Trust
Bought by
Beckner Trust
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
Eagle Investments Inc -- Chicago Title
Puma Cub Properties Llc -- Best Title
Beckner Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puma Cub Properties Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $20,000 0.0% $8 / Sq Ft
09/18/2024 09/18/24 Sold $20,000 0.0% $8 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/26/2024 08/26/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $20,000 0.0% $8 / Sq Ft
08/20/2024 08/20/24 For Sale $20,000 -87.3% $8 / Sq Ft
04/05/2021 04/05/21 Sold $157,500 -6.3% $64 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $168,000 -- $68 / Sq Ft
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
2024 $63 $3,400 $3,400 $0
2023 $74 $3,300 $3,300 $0
2022 $70 $3,100 $3,100 $0
2021 $78 $3,100 $3,100 $0
2020 $83 $3,000 $3,000 $0
2019 $88 $3,000 $3,000 $0
2018 $90 $3,000 $3,000 $0
2017 $90 $3,000 $3,000 $0
2016 $90 $3,000 $3,000 $0
2014 $90 $3,000 $3,000 $0
2013 $90 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21997521

MIBOR Broker Listing Cooperative®

APN: 48-15-36-300-155.000-015