$1,250,000

Estimated payment $7,019/month

Total Views 23,201
5 Acres
$249,501 Price per Acre
218,236 Sq Ft Lot

About This Lot

PRIME LOCATION: Discover this remarkable investment or development opportunity on Elm Road on 5 +/- acres. Located directly across from Harris Branch Library (P-H-M) and just a short walk to Harris Township Park and Granger Paths walking/biking trail, this property offers limitless potential for residential or commercial development. While there is currently a house and barn on property, the value is in the land. Property is sold as-is. The seller will not pay for demolition, repairs, or permits. Currently zoned Residential.

Last Listed By

Kerrie Drury

RE/MAX 100 Brokerage Phone: 574-607-3890 Listed on: 04/05/2024

RE/MAX 100

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,618

Year Built

  • 1971

Lot Details

  • 5.01 Acre Lot
  • Lot Dimensions are 330x661
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Northpoint Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

  • Heating System Uses Gas
  • Private Water Source
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-04-14-277-017.000-011

Property Details

Property Type

Land

Est. Annual Taxes

$4,618

Year Built

1971

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 5.013 AC BEG 1985.13' S OF NE 010619 SEC 14-38-3E
  • Parcel Number ID: 71-04-14-277-017.000-011
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Parcel Description: Level, 3-5.9999
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None
  • Year Built: 1971

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Private, Well
  • Electricity Type: Available
  • Fuel Type: Electric, Gas
  • Sewer Type: Septic

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Northpoint
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Northpoint

Lot Info

  • Lot Dimensions: 330x661
  • Estimated Lot Sq Ft: 218366
  • Estimated Lot Size Acres: 5.01
  • Easements: Yes

Tax Info

  • Annual Taxes: 4618.24

MLS Schools

  • High School: Penn
  • Middle School: Discovery
  • School District: Penn-Harris-Madison School Corp.

Map

Range of Values:

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Average Value
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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

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 $2,307 $288,300 $80,800 $207,500
2023 $2,259 $259,800 $79,700 $180,100
2022 $4,618 $259,100 $78,500 $180,600
2021 $2,415 $236,700 $61,200 $175,500
2020 $2,162 $220,900 $57,300 $163,600
2019 $1,296 $148,300 $40,000 $108,300
2018 $1,292 $149,500 $40,200 $109,300
2017 $1,362 $149,500 $40,900 $108,600
2016 $1,593 $157,400 $41,200 $116,200
2014 $1,676 $163,200 $50,400 $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 For Sale $1,250,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202411282

Indiana Regional MLS

APN: 71-04-14-277-017.000-011