NOT LISTED FOR SALE

5871 E Cummins Rd Montpelier, IN 47359

Estimated Value: $115,000 - $182,000

2.5 Acres
$59,087 Price per Acre
108,900 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $15,000 $9 Per Sq Ft

Est. 885% increase in value since last sale

Current estimated payment $869/month

147 Days on Market

About This Lot

As of January 2017

Secluded building site next to golf course. 2.50 acres with a barn. The house needs torn down. Call for a personal tour.

Last Agent to Sell the Property

Kathy Casterline

Neff Sales & Development LLC Listed on: 08/11/2016

Last Buyer's Agent

Kathy Casterline

Neff Sales & Development LLC Listed on: 08/11/2016

Property Details

Property Type

  • Land

Lot Details

  • 2.5 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Private Streets
  • Finished Lot(s)

Schools

  • Montpelier Elementary School
  • Hartford City Middle School
  • Blackford High School

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 05-02-02-100-010.000-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: FR NE 3 24 11 2.50 |
  • Parcel Number ID: 05-02-02-100-010.000-001
  • Platted: Yes
  • Road Access: Private
  • Road Surface: Gravel
  • Sp Lp Percent: 50.17
  • Parcel Description: Level
  • Type of Sale: Estate Sale
  • Platted Development: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2016
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Schools

  • School District: Blackford County
  • Elementary School: Montpelier
  • Middle School: Hartford City
  • High School: Blackford
  • Elementary School: Montpelier

Lot Info

  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5
  • Easements: Yes

Tax Info

  • Annual Taxes: 1481.5

MLS Schools

  • High School: Blackford
  • Middle School: Hartford City
  • School District: Blackford County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Rep Tracy L Velasquez Personal
Bought by
Leas Mark
Current Estimated Value
$147,717

Purchase Details

Listed on
Aug 11, 2016
Closed on
Jan 20, 2017
Sold by
Cook Joyce E
Bought by
Raymond Velasquez
Seller's Agent
Kathy Casterline
Neff Sales & Development LLC
Buyer's Agent
Kathy Casterline
Neff Sales & Development LLC
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.31%
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
Leas Mark $5,000 Aaron M Henderson Law Office
Raymond Velasquez $15,000 --
Velasquez Raymond $15,000 Forcum & Forbes Llp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $15,000 -49.8% $9 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
08/11/2016 08/11/16 For Sale $29,900 -- $19 / Sq Ft
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 $768 $39,600 $24,200 $15,400
2023 $597 $29,700 $14,300 $15,400
2022 $50 $30,500 $14,300 $16,200
2021 $13 $27,400 $14,300 $13,100
2020 $10 $27,200 $14,300 $12,900
2019 $39 $27,400 $14,300 $13,100
2018 $58 $30,300 $14,300 $16,000
2017 $0 $30,200 $14,300 $15,900
2016 $552 $76,200 $14,300 $61,900
2014 $1,515 $74,500 $14,300 $60,200
2013 $1,515 $74,300 $14,300 $60,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kathy Casterline

    Neff Sales & Development LLC

    (765) 728-2584

    42 Total Sales

    Kathy Casterline
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Map

Source: Indiana Regional MLS

MLS Number: 201637550

Indiana Regional MLS

APN: 05-02-03-100-010-000-001

Indiana Blackford County Montpelier 47359

5871 E Cummins Rd, Montpelier, IN

This home is located at 5871 E Cummins Rd, Montpelier, IN 47359 since 11 August 2016 and is currently estimated at $147,717, approximately $91 per square foot. 5871 E Cummins Rd is a home located in Blackford County with nearby schools including Montpelier School, Blackford Junior High School, and Blackford 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.

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