NOT LISTED FOR SALE

575 E 200 N 25 Acres Montgomery, IN 47558

25 Acres
-- Price per Acre
1,089,000 Sq Ft Lot

Last Sold August 28, 2024

Last sale price $425,000

219 Days on Market

Highlights

  • Lake Front
  • 25 Acre Lot
  • Agricultural
  • Barr Reeve Elementary School Rated A-
  • Lake, Pond or Stream
  • Waterski or Wakeboard

About This Lot

As of August 2024

It is very rare for a Farm/Recreational/Building property like this to become available in the Montgomery Indiana area ! This 25 Acre property is currently an income producing farm with an approximately 3.8 acre stocked lake on a paved road that gives you immediate return on your investment as well as a fantastic recreational property. Would be a great location for multiple family homes all with access to a beautiful lake and just minutes from Barr-Reeve Schools. Property can also be divided into separate parcels.

Last Agent to Sell the Property

Chris Craig

Home & Harvest Properties LLC Brokerage Email: chris@homeandharvestproperties.com Listed on: 01/08/2024

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $598

Lot Details

  • 25 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Finished Lot(s)
  • Subdivision Possible

Outdoor Features

  • Waterski or Wakeboard
  • Lake, Pond or Stream

Schools

  • Barr Reeve Elementary And Middle School
  • Barr Reeve High School

Additional Features

  • Agricultural
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-09-22-100-003.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$598

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Waterfront: Yes
  • Legal Description: 001-02680-00 PT NW NE 22-03-06 25.0 ACRES MP - - . -
  • Parcel Number ID: 14-09-22-100-003.000-001
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 94.65
  • Parcel Description: Corner, Lake, Level, Waterfront, Undeveloped, Tillable, 15+, Water View
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Options: Sell Entirely, Will Divide
  • Side Of Road: South, West
  • Type Use: Agriculture, Residential, Recreational
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Lake Type: Ski Lake
  • Water Frontage: 3.8
  • Water Name: Private Lake
  • Road Frontage: County

Utilities

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

Schools

  • School District: Barr-Reeve Community
  • Elementary School: Barr Reeve
  • Middle School: Barr Reeve
  • High School: Barr Reeve
  • Elementary School: Barr Reeve

Lot Info

  • Lot Dimensions: Approx 1300' X 650 '
  • Estimated Lot Sq Ft: 1089000
  • Estimated Lot Size Acres: 25

Tax Info

  • Annual Taxes: 598.46
  • Total Assessed Value: 39700

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Barr Reeve
  • Middle School: Barr Reeve
  • School District: Barr-Reeve Community

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $425,000 -5.3% --
08/14/2024 08/14/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $449,000 -10.0% --
01/08/2024 01/08/24 For Sale $499,000 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202401496

Indiana Regional MLS