NOT LISTED FOR SALE

622 Cedar River Rd Indian Lake, NY 12842

Estimated Value: $761,221 - $1,197,000

321 Acres
$3,050 Price per Acre
13,982,760 Sq Ft Lot

Last Sold February 16, 2022

Last sale price $995,000

Est. 5% decrease in value since last sale

Current estimated payment $5,953/month

Highlights

  • Lake Front
  • Mountainous Lot
  • Wooded Lot
  • 321 Acre Lot
  • Wetlands on Lot
  • No HOA

About This Lot

As of February 2022

So many options on this gorgeous piece of property. Property is the site of what used to be the Wakely Lodge 9 hole golf course. Includes a 25 acre private lake, 20-25 feet deep, open space, wooded area, river frontage and views of Blue Mountain and Sawyer Mountain. Easy access with a level driveway, 2 800 foot wells, 3 phase power, 3 different septic tanks, The lake which is great for fishing, swimming and paddling.There is a trail nestled into the woods which takes you around the lake and backside of property. State land borders two sides giving the owner added privacy. The beautiful and clear running 38 mile Cedar River borders part of the land. The location is convenient for access to the Moose River Plains Recreational Area and the Cedar River Flow. Recreational opportunities in the area include; power boating, fishing, hunting, hiking, paddling, biking, xc skiing, downhill skiing (GORE) and snowmobiling to name a few. Build your dream home, open a business, and or subdivide.

Last Agent to Sell the Property

Anne Brewer

Merrill L. Thomas, Inc. License #10401346050 Listed on: 12/31/2020

Last Buyer's Agent

Anne Brewer

Merrill L. Thomas, Inc. License #10401346050 Listed on: 12/31/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,600

Lot Details

  • 321 Acre Lot
  • Lake Front
  • River Front
  • Property fronts a private road
  • Level Lot
  • Mountainous Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Commercial

Property Views

  • Lake
  • Mountain

Utilities

  • Drilled Well
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 55.015-1-14.112

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$12,600

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 321.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Cedar River
  • Subdivision Name: None
  • Directions: Cedar River Road is located off Rt 28 in the town of Indian Lake, the property is 2.6 miles west on Cedar River Road. From Lake Placid take Rt 30 S. 60 miles to Blue Mountain Lake then take Rt 28 N 11 miles to Indian Lake. From Albany take I-87 N to Rt 28 to Indian Lake, approx 100 miles. Approx. 250 miles from NYC, 270 from Boston, and 330 from Philadelphia.
  • Financial Details School Taxes: 6000.0
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Level, Views, Wetlands, Wooded, Mountain
  • View: Lake, Mountain(s), River, Water
  • Waterfront Features: Lake, River Front
  • Waterfront: No
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Mountain: Yes
  • Lot Features:Wetlands: Yes
  • Lot Features:Views: Yes
  • Waterfront Features:Lake2: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Electricity Connected, Internet Available
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Indian Lake

Lot Info

  • Current Use: Commercial, Farm, Industrial, Subdivision
  • Development Status: Raw Land
  • Lot Size Sq Ft: 13982760.0
  • Parcel #: 55.015-1-14.112
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Obrien Thomas W
Bought by
Hall John C
Current Estimated Value
$947,778

Purchase Details

Closed on
Jun 22, 2015
Sold by
O'Brien Thomas
Bought by
O'Brien Thomas
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hall John C $999,500 None Available
O'Brien Thomas -- Joseph Walsh
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $995,000 -- --
02/16/2022 02/16/22 Sold $995,000 +5.3% --
12/31/2020 12/31/20 Pending -- -- --
12/31/2020 12/31/20 For Sale $945,000 -- --
Source: Adirondack-Champlain Valley 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 $9,168 $491,900 $370,400 $121,500
2023 $9,102 $491,900 $370,400 $121,500
2022 $8,421 $491,900 $370,400 $121,500
2021 $8,271 $491,900 $370,400 $121,500
2020 $8,073 $491,900 $370,400 $121,500
2019 $8,005 $491,900 $370,400 $121,500
2018 $7,742 $491,900 $370,400 $121,500
2017 $7,524 $491,900 $370,400 $121,500
2016 $7,717 $508,400 $367,000 $141,400
2015 -- $508,400 $367,000 $141,400
2014 -- $556,500 $399,000 $157,500
Source: Public Records

Agents Affiliated with this Home

  • Anne Brewer

    Seller's Agent in 2022

    Anne Brewer

    Merrill L. Thomas, Inc.

    (518) 637-2977

    1 in this area

    37 Total Sales

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 172456

APN: 202600-055-015-0001-014-112-0000

New York Hamilton County Indian Lake 12842

622 Cedar River Rd, Indian Lake, NY

This home is located at 622 Cedar River Rd, Indian Lake, NY 12842 since 31 December 2020 and is currently estimated at $979,111. 622 Cedar River Rd is a home located in Hamilton County with nearby schools including Indian Lake Central School.

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