NOT LISTED FOR SALE

5550 N 10 W Patoka, IN 47666

Estimated Value: $1,202,664

177.1 Acres
$6,791 Price per Acre
7,714,606 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $600,000

Est. 100% increase in value since last sale

Current estimated payment $6,821/month

63 Days on Market

About This Lot

As of June 2016

OPPORTUNITY Quality diverse farm. Productive tillable soils for farming and semi mature hardwoods for woodland enjoyment or future timber harvest. Large amount of county road frontage enhance possibilities of diverse uses and located only 1/2 mile from a major 4 lane highway, north to south thru the western side of Indiana. Appropriately priced.

Last Agent to Sell the Property

Donald Morrow

MORROW REAL ESTATE Listed on: 03/01/2016

Co-Listed By

Jenny Feagley

MORROW REAL ESTATE

Last Buyer's Agent

Donald Morrow

MORROW REAL ESTATE Listed on: 03/01/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,998

Lot Details

  • 177.1 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)
  • Land Lease

Schools

  • Brumfield Elementary School
  • Princeton Middle School
  • Princeton High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 26-05-58-008-000.945-018

Property Details

Property Type

Land

Est. Annual Taxes

$3,998

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Part of Sec. 18, T 1 S, R 10 W, containing 177.103 acres, +/- |
  • Parcel Number ID: 26-05-58-008-000.945-018
  • Platted: Yes
  • Location: Rural
  • Parcel Id2: 260518100000944018
  • Road Access: County
  • Road Surface: Gravel
  • Section Number: Section 18
  • Sp Lp Percent: 82.76
  • Parcel Description: Heavily Wooded, Rolling, Undeveloped, Tillable
  • Parcel Id3: 26-04-13-200-000.946-018
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Architecture
  • Year Taxes Payable: 2015
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Electricity Type: Available

Schools

  • School District: North Gibson School Corp.
  • Elementary School: Brumfield
  • Middle School: Princeton
  • High School: Princeton
  • Elementary School: Brumfield

Lot Info

  • Estimated Lot Sq Ft: 7714607
  • Estimated Lot Size Acres: 177.103
  • Easements: Yes
  • Leased Acres: Yes
  • Numbertillable Acres: 90
  • Numberwooded Acres: 80

Tax Info

  • Annual Taxes: 3998.06

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Bingham Byron and Bingham William B
Bought by
Bingham Family Farms Llc
Current Estimated Value
$1,202,664

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 17, 2016
Sold by
South Energy
Bought by
Bingham Ellen
Seller's Agent
Donald Morrow
MORROW REAL ESTATE
Buyer's Agent
Donald Morrow
MORROW REAL ESTATE
List Price
$725,000
Sold Price
$600,000
Premium/Discount to List
-$125,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
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
Bingham Family Farms Llc -- None Listed On Document
Bingham Ellen $1,400,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $600,000 -17.2% --
05/03/2016 05/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $725,000 -- --
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 $3,366 $166,900 $161,000 $5,900
2023 $2,828 $140,100 $134,200 $5,900
2022 $2,259 $112,300 $106,000 $6,300
2021 $2,055 $100,800 $91,200 $9,600
2020 $2,070 $100,100 $90,500 $9,600
2019 $2,439 $119,700 $110,100 $9,600
2018 $2,102 $102,800 $93,200 $9,600
2017 $2,375 $117,200 $107,100 $10,100
2016 $2,505 $123,800 $113,500 $10,300
2014 $2,557 $127,600 $118,700 $8,900
2013 -- $111,000 $101,900 $9,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donald Morrow

    MORROW REAL ESTATE

    (812) 677-0140

    47 Total Sales

    Donald Morrow
    Section Image
  • Jenny Feagley

    Seller Co-Listing Agent in 2016

    Jenny Feagley

    MORROW REAL ESTATE

    (812) 677-0137

    17 Total Sales

    Jenny Feagley
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201608386

Indiana Regional MLS

APN: 26-05-58-008-000.945-018

Indiana Gibson County Patoka 47666

5550 N 10 W, Patoka, IN

This home is located at 5550 N 10 W, Patoka, IN 47666 since 01 March 2016 and is currently estimated at $1,202,664. 5550 N 10 W is a home located in Gibson County with nearby schools including Princeton Community Intermediate School, Princeton Community Primary School, and Princeton Community Middle 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.

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