NOT LISTED FOR SALE

5481 Main St Freedom, IN 47431

Estimated Value: $146,000 - $168,000

5 Acres
$29,967 Price per Acre
226,512 Sq Ft Lot

Last Sold March 14, 2024

Last sale price $150,000

Est. 4% increase in value since last sale

Current estimated payment $952/month

212 Days on Market

About This Lot

As of March 2024

Great opportunity for a new business on the North side of Freedom. Property is 5.20 Acres currently being rezoned commercial. There is an older home and garage on the property that will need to be razed. Great location for Convenience Store or Rural Retail Chain.

Last Listed By

Deborah Foutch

Owen County Home Company Brokerage Phone: 812-821-7005 Listed on: 08/15/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,071

Year Built

  • 1870

Lot Details

  • 5.2 Acre Lot
  • Property fronts a state road
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-16-17-400-290.010-017

Property Details

Property Type

Land

Est. Annual Taxes

$1,071

Year Built

1870

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: PT S 1/2 SE S17 T9 R4 4.82A
  • Parcel Number ID: 60-16-17-400-290.010-017
  • Platted: Yes
  • Cross Street: Big Four Rd
  • Parcel Id2: 60-16-16-400-290.010-017
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • Parcel Description: Corner
  • Road Frontage Description: State Hwy 67
  • Type of Sale: Private Seller
  • Type Use: Commercial
  • Year Taxes Payable: 2023
  • Special Features: None
  • Year Built (Public Record): 1870

Exterior Features

  • Road Frontage: State

Utilities

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

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Spencer

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 226512
  • Estimated Lot Size Acres: 5.2

Tax Info

  • Annual Taxes: 1071.1

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Dgogfreedomin09062023 Llc
Bought by
Dgfrin001 Llc
Total Days on Market
212
Current Estimated Value
$155,830

Purchase Details

Listed on
Aug 15, 2023
Closed on
Mar 19, 2024
Sold by
White Leonard E
Bought by
Dgogfreedomin09062023 Llc
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Rolando Trentini
F.C. TUCKER EMGE
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,502,038
Interest Rate
6.63%
Mortgage Type
New Conventional

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
Dgfrin001 Llc -- None Listed On Document
Dgfrin001 Llc $2,071,777 None Listed On Document
Dgogfreedomin09062023 Llc $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dgogfreedomin09062023 Llc $1,502,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $150,000 0.0% --
03/14/2024 03/14/24 Pending -- -- --
08/15/2023 08/15/23 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 $1,057 $79,700 $22,400 $57,300
2023 $1,071 $75,600 $21,900 $53,700
2022 $1,075 $70,800 $21,500 $49,300
2021 $955 $55,200 $21,300 $33,900
2020 $930 $54,700 $21,300 $33,400
2019 $893 $49,200 $17,400 $31,800
2018 $884 $48,500 $17,400 $31,100
2017 $1,130 $63,000 $17,600 $45,400
2016 $1,102 $61,200 $17,700 $43,500
2014 $1,102 $61,400 $17,800 $43,600
2013 -- $62,500 $17,500 $45,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Deborah Foutch

    Owen County Home Company

    (812) 821-7005

    142 Total Sales

    Deborah Foutch
    Section Image

  • R

    Buyer's Agent in 2024

    Rolando Trentini

    F.C. TUCKER EMGE

    (812) 499-9234

    30 Total Sales

    Rolando Trentini
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202409013

Indiana Regional MLS

APN: 60-16-17-400-290.010-017

Indiana Owen County Freedom 47431

5481 Main St, Freedom, IN

Homes for Sale in Freedom, IN

This home is located at 5481 Main St, Freedom, IN 47431 since 15 August 2023 and is currently estimated at $155,830. This property was built in 1870. 5481 Main St is a home located in Owen County with nearby schools including Owen Valley Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.