NOT LISTED FOR SALE

6523 Us Highway 50 Shoals, IN 47581

Estimated Value: $88,000 - $145,000

31.43 Acres
$3,778 Price per Acre
1,369,091 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $105,000

Est. 13% increase in value since last sale

Current estimated payment $644/month

64 Days on Market

About This Lot

As of September 2022

Check out this solid timber investment property with great hunting adjacent to restricted state lands. This property sits just east of the iconic Shoals overlook and neighbors the Jug Rock Nature Preserve. This property offers a great mix of hardwood timber including poplar, hickory, hard maple, and white/black oaks. The under and mid-story are full of pawpaw trees and there are multiple acorn bearing pin oaks that help support area wildlife. There is an old logging road system that has been maintained, providing good access across the property which features many rock lined wet weather drainages, wet weather waterfall features, and impressive rock outcroppings that beg to be explored. Powerline clear cuts along the southern end of the property provide several excellent locations for food plots clearings. There is also plenty of room at the top to create an RV pad or place a small barn/cabin if you'd like a place to stay for overnights. If you've been looking for a quality recreational property that offers great investment potential with additional public lands nearby, you'll be hard pressed to find a better property in Martin Co right now.

Last Agent to Sell the Property

Zach Holt

Whitetail Properties Real Estate Listed on: 07/11/2022

Whitetail Properties Real Estate

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $115

Lot Details

  • 31.43 Acre Lot
  • Property fronts a state road
  • Property fronts an easement
  • Finished Lot(s)

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Additional Features

  • Agricultural
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 51-07-24-200-019.000-001

Property Details

Property Type

Land

Est. Annual Taxes

$115

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: 51-07-24-200-019.000-001;PT SW NE & PT SE NW 24-3-4 .33AC PER DEED & 51-07-24-900-035.000-001;PT S1/2 NW 24-3-4 31.1AC
  • Parcel Number ID: 51-07-24-200-019.000-001
  • Platted: Yes
  • Parcel Id2: 51-07-24-900-035.000-001
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 84.41
  • Parcel Description: Heavily Wooded, Ravine, Adj to State/Natl Forest, 15+
  • Type of Sale: Traditional
  • Type Use: Camp/RV with Land, Recreational
  • Year Taxes Payable: 2020
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

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

Schools

  • School District: Shoals Community School Corp.
  • Elementary School: Shoals Community
  • Middle School: Shoals Community
  • High School: Shoals
  • Elementary School: Shoals Community

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1369091
  • Estimated Lot Size Acres: 31.43
  • Easements: Yes

Tax Info

  • Annual Taxes: 115
  • Total Assessed Value: 2000

MLS Schools

  • High School: Shoals
  • Middle School: Shoals Community
  • School District: Shoals Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 30, 2022
Sold by
Raber Gary A
Bought by
Graber Monroe and Graber Laura Mae
Seller's Agent
Zach Holt
Whitetail Properties Real Estate
Buyer's Agent
Delmar Wagler
Integrity Realty Group LLC
List Price
$124,400
Sold Price
$105,000
Premium/Discount to List
-$19,400
-15.59%
Current Estimated Value
$118,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,742
Avg. Annual Appreciation
4.27%
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
Graber Monroe -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $105,000 -15.6% --
09/13/2022 09/13/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $124,400 -- --
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 $29 $2,100 $2,100 $0
2023 $29 $2,100 $2,100 $0
2022 $30 $2,100 $2,100 $0
2021 $53 $2,000 $2,000 $0
2020 $51 $1,900 $1,900 $0
2019 $51 $1,900 $1,900 $0
2018 $51 $1,900 $1,900 $0
2017 $51 $1,900 $1,900 $0
2016 $108 $5,900 $5,900 $0
2014 $102 $5,600 $5,600 $0
2013 -- $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202228326

Indiana Regional MLS

APN: 51-07-24-200-019.000-001