NOT LISTED FOR SALE

51625 E County Line Rd Middlebury, IN 46540

Estimated Value: $214,000 - $338,000

4.5 Acres
$60,385 Price per Acre
196,020 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $170,000

Est. 60% increase in value since last sale

Current estimated payment $1,850/month

6 Days on Market

About This Lot

As of July 2021

Pending at list. Entered for sale/comp purposes only.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,800

Lot Details

  • 4.5 Acre Lot
  • Lot Dimensions are 388x632x350x435
  • 40 Feet of Waterfront
  • Lake Front
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Additional Features

  • Lake, Pond or Stream
  • Well

Listing and Financial Details

  • Assessor Parcel Number 20-04-13-426-035.000-032

Property Details

Property Type

Land

Est. Annual Taxes

$1,800

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: pt Ne 1/4 Se 1/4 Ex .162 A Sec 13
  • Parcel Number ID: 20-04-13-426-035.000-032
  • Platted: Yes
  • Road Access: Easement
  • Road Surface: Gravel
  • Sp Lp Percent: 113.33
  • Parcel Description: Irregular
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Frontage: 40
  • Water Name: Stone Lake
  • Road Frontage: Easement

Utilities

  • Water Utilities: Well
  • Water Type: Lake
  • Electricity Type: Available
  • Sewer Type: Regional

Schools

  • School District: Middlebury Community Schools
  • Elementary School: York
  • Middle School: Heritage
  • High School: Northridge

Lot Info

  • Lot Dimensions: 388x632x350x435
  • Estimated Lot Sq Ft: 196020
  • Estimated Lot Size Acres: 4.5
  • Easements: Yes

Tax Info

  • Annual Taxes: 1800

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Joann Miller
Bought by
Miller Kevin J and Miller Lisa D
Current Estimated Value
$271,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$124,133
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$142,352

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 16, 2021
Sold by
Bontrager Doyle
Bought by
Miller Kevin J and Miller Lisa D
List Price
$150,000
Sold Price
$170,000
Premium/Discount to List
$20,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$127,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Zickafoose Kevin P and Zickafoose Karolyn D
Bought by
Bontrager Doyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Miller Kevin J -- Beers Mallers Llp
Miller Kevin J $170,500 Metropolitan Title
Bontrager Doyle -- Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kevin J $129,000
Previous Owner Miller Kevin J $127,500
Previous Owner Bontrager Doyle $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $170,000 +13.3% --
04/19/2021 04/19/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $150,000 -- --
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 $4,439 $284,100 $78,800 $205,300
2022 $4,439 $117,200 $66,900 $50,300
2021 $1,937 $108,700 $66,900 $41,800
2020 $1,933 $107,900 $66,900 $41,000
2019 $1,791 $102,100 $66,900 $35,200
2018 $1,745 $99,800 $66,900 $32,900
2017 $991 $54,000 $18,600 $35,400
2016 $866 $50,300 $18,600 $31,700
2014 $890 $50,700 $18,800 $31,900
2013 $976 $50,000 $18,100 $31,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202114508

Indiana Regional MLS

APN: 20-04-13-426-035.000-032