$112,000
SOLD MAR 10, 2025

5351 E Valeene Rd Marengo, IN 47140

18.76 Acres
$5,970 Price per Acre
817,186 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Panoramic View
  • 18.76 Acre Lot
  • Garden

About This Lot

As of March 2025

Imagine waking up to the gentle breeze and the promise of a breathtaking view every single day. This dream could become your reality with this stunning 18+ acre parcel of land, perfectly positioned for crafting the home you've always envisioned. Barndominium? Brick Ranch? Cape Cod? You decide! As you navigate the newly completed winding driveway, feel the stress melt away. The anticipation builds with each turn, leading you to the crest of a gentle hill. Here, you're rewarded with a panoramic view of 18+ acres of natural canvas that could become your very own front yard with your back yard overlooking the beautiful pond. This isn't just a piece of land; it’s an invitation to create a lifestyle surrounded by nature's beauty. This is your chance to invest in your future. Water, electric available, perk test on file.
Call today, we can help make your dream a reality!

Last Agent to Sell the Property

Ashley Bullington

Debby Broughton Realty License #RB14039013 Listed on: 01/12/2025

Last Buyer's Agent

Ashley Bullington

Debby Broughton Realty License #RB14039013 Listed on: 01/12/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108

Lot Details

  • 18.76 Acre Lot
  • Garden
  • Subdivision Possible
  • Property is zoned Agri/ Residential, Agriculture

Property Views

  • Panoramic
  • Scenic Vista
  • Hills
  • Park or Greenbelt

Utilities

  • Approved Septic System

Listing and Financial Details

  • Assessor Parcel Number RE040653

Property Details

Property Type

Land

Est. Annual Taxes

$108

Lot Details

0

Listing Details

  • Annual Tax: 108
  • Electricity On Property: Yes
  • Legal Description: E1/2 SW NW 36-1-1E 18.10A
  • Parcel Number: RE040653
  • Property Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 817185.60
  • Sewer Type: Septic Approved

Exterior Features

  • Road Frontage: Yes

Utilities

  • Water Type: Public Available

Lot Info

  • Acres: 18.7600
  • Lot Description: Divisible Lot, Garden Area, Hill/Knobs View, Panoramic View, Park-Like View, Scenic View
  • Zoning: Residential, Agri/ Residential, Agriculture

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $112,000 -6.7% $46 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $120,000 -- $49 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,746 $236,400 $44,800 $191,600
2023 $2,690 $235,100 $39,100 $196,000
2022 $1,833 $165,900 $31,900 $134,000
2021 $1,620 $150,500 $28,700 $121,800
2020 $1,630 $152,000 $27,600 $124,400
2019 $1,701 $155,000 $31,800 $123,200
2018 $1,484 $132,900 $8,600 $124,300
2017 $1,722 $133,400 $8,700 $124,700
2016 $1,710 $133,300 $8,700 $124,600
2014 $1,737 $141,200 $8,800 $132,400
2013 $1,737 $143,700 $8,700 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505098

Southern Indiana REALTORS® Association

APN: 130336104001000006