NOT LISTED FOR SALE

521 S 13th St Decatur, IN 46733

11 Acres
-- Price per Acre
479,160 Sq Ft Lot

Last Sold February 05, 2019

Last sale price $550,000

227 Days on Market

About This Lot

As of February 2019

This is a great opportunity to purchase all or part of 11.3 acres of prime real estate in the heart of Decatur. Sitting along US Highway 27, these 3 existing parcels can be subdivided and rezoned, subject to City approval, and are currently serviced by city water, sewer and natural gas. 5 streets entrances and almost 650 foot of street frontage make for easy access and development of your project. Currently zoned RS (residential-suburban) and previously was used as a 100-lot mobile home park, and currently houses 5 existing mobile homes on site. This real estate awaits your particular commercial development use.

Last Agent to Sell the Property

Justin Wall

Ness Bros. Realtors & Auctioneers Listed on: 04/13/2018

Last Buyer's Agent

Justin Wall

Ness Bros. Realtors & Auctioneers Listed on: 04/13/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,358

Lot Details

  • 11 Acre Lot
  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number 01-05-03-300-027.000-022

Property Details

Property Type

Land

Est. Annual Taxes

$7,358

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: Mid PT NW SW W of 11th ST SEC 3 (10.59A), McConnehey's Subd Lot 684 & 685, | Mcconnehey's Add Lots 682 & 683 EX R/W
  • Parcel Number ID: 01-05-03-300-027.000-022
  • Platted: Yes
  • Parcel Id2: 010503303005000022
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 79.14
  • Parcel Description: Level
  • Parcel Id3: 010503303006000022
  • Type of Sale: Traditional
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Sewer Type: City

Schools

  • School District: North Adams Community
  • Elementary School: Northwest
  • Middle School: Bellmont
  • High School: Bellmont

Lot Info

  • Estimated Lot Sq Ft: 479160
  • Estimated Lot Size Acres: 11

Tax Info

  • Annual Taxes: 7358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2020
Sold by
Nk Decatur Holdings 1 Llc
Bought by
Profed Fcu

Purchase Details

Listed on
Apr 13, 2018
Closed on
Feb 5, 2019
Sold by
Nk Decatur Holdings I Llc
Bought by
Js Heck Properties Llc
Seller's Agent
Justin Wall
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Justin Wall
Ness Bros. Realtors & Auctioneers
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Profed Fcu -- None Available
Js Heck Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Js Heck Properties Llc $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2019 02/05/19 Sold $550,000 -20.9% --
11/26/2018 11/26/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $695,000 0.0% --
10/12/2018 10/12/18 Pending -- -- --
09/04/2018 09/04/18 Price Changed $695,000 -53.7% --
08/29/2018 08/29/18 For Sale $1,500,000 0.0% --
07/11/2018 07/11/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $1,500,000 -- --
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 $21,915 $781,900 $396,000 $385,900
2023 $22,058 $786,000 $396,000 $390,000
2022 $21,453 $767,500 $396,000 $371,500
2021 $10,966 $418,300 $372,600 $45,700
2020 $4,712 $234,600 $72,600 $162,000
2019 $4,712 $234,600 $72,600 $162,000
2018 $4,712 $234,600 $72,600 $162,000
2017 $4,402 $219,300 $72,600 $146,700
2016 $3,924 $195,900 $50,800 $145,100
2014 $4,904 $245,200 $50,800 $194,400
2013 $18,400 $920,000 $725,600 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201814232

Indiana Regional MLS

APN: 01-05-03-300-027.000-022