$50,000
SOLD OCT 2, 2024

507 Main St Colfax, IN 46035

0.54 Acre
$92,593 Price per Acre
23,522 Sq Ft Lot

Recently Sold

9% Below List Price

6 Days on Market

About This Lot

As of October 2024

Looking for a place to build in Colfax? Located within excellent school districts, this plot of land includes 3 parcels of land, priced all together, but can be sold separately. Includes hookups for city water and sewage. A perfect location for a new home, and within walking distance of local amenities in the charming small town of Colfax, this property is full of opportunity!

Last Agent to Sell the Property

Shelby Myers

Find Your Bliss Real Estate Brokerage Phone: 765-637-8215 Listed on: 08/16/2024

Co-Listed By

Peggy Carten

Find Your Bliss Real Estate Brokerage Phone: 765-637-8215

Last Buyer's Agent

RACI NonMember

NonMember RACI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $422

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 186x120
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Clinton Prairie Elementary And Middle School
  • Clinton Prairie High School

Listing and Financial Details

  • Assessor Parcel Number 12-13-08-333-001.000-014

Property Details

Property Type

Land

Est. Annual Taxes

$422

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 015-11015-00 J G Clark's 1st Add Lots 25 & 26 also PT NE SW 8-20-2W .18 A 3061-2890-3173
  • Parcel Number ID: 12-13-08-333-001.000-014
  • Platted: Yes
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 90.91
  • Parcel Description: Undeveloped
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Sewer Type: City

Schools

  • School District: Clinton Prairie School Corp.
  • Elementary School: Clinton Prairie
  • Middle School: Clinton Prairie
  • High School: Clinton Prairie
  • Elementary School: Clinton Prairie

Lot Info

  • Lot Dimensions: 186x120
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Tax Info

  • Annual Taxes: 422.4

MLS Schools

  • High School: Clinton Prairie
  • Middle School: Clinton Prairie
  • School District: Clinton Prairie School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 2, 2024
Sold by
Green Smart Landscape Llc
Bought by
Campbell Properties Llc
Seller's Agent
Shelby Myers
Find Your Bliss Real Estate
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Views
4
Current Estimated Value
$127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,500
Avg. Annual Appreciation
247.14%
Original Mortgage
$300,000
Outstanding Balance
$298,302
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$175,802

Purchase Details

Closed on
Jul 31, 2024
Sold by
Perkins Rita
Bought by
Green Smart Landscape Llc

Purchase Details

Closed on
Nov 22, 2017
Sold by
Watkins Charles R and Watkins Joy J
Bought by
Perkins Rita

Purchase Details

Closed on
Oct 24, 2017
Sold by
Watkins Joy J and Watkins Charles R
Bought by
Perkins Rita

Purchase Details

Closed on
Nov 17, 2016
Sold by
Steelman Nicholas D and Steelman Hanna L
Bought by
Watkins Charles R and Watkins Joy J

Purchase Details

Closed on
Nov 4, 2008
Sold by
Cardinal Properties Management Llc
Bought by
Steelman Nicholas D and Steelman Hanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,508
Interest Rate
7.49%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- Meridian Title
Warranty Deed $50,000 Meridian Title
Warranty Deed $19,000 Metropolitan Title
Warranty Deed -- None Available
Deed $9,000 --
Warranty Deed -- None Available
Warranty Deed $50,000 Stallard & Schuh
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $300,000 Credit Line Revolving
Previous Owner $74,508 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $50,000 -9.1% --
08/22/2024 08/22/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $55,000 -- --
Source: Indiana Regional MLS

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 $256 $12,500 $11,900 $600
2023 $256 $12,500 $11,900 $600
2022 $256 $12,500 $11,900 $600
2021 $640 $12,500 $11,900 $600
2020 $256 $12,500 $11,900 $600
2019 $256 $12,500 $11,900 $600
2018 $259 $12,600 $11,900 $700
2017 $405 $19,900 $16,900 $3,000
2016 $1,068 $53,000 $17,500 $35,500
2014 $1,061 $52,600 $17,500 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202431250

Indiana Regional MLS

APN: 12-13-08-333-001.000-014