NOT LISTED FOR SALE

6612 Indian Hills Rd Edina, MN 55439

Indian Hills Neighborhood

Estimated Value: $3,502,000 - $4,195,000

2.32 Acres
$1,609,067 Price per Acre
101,059 Sq Ft Lot

Last Sold October 02, 2012

Last sale price $795,000

Est. 370% increase in value since last sale

Current estimated payment $24,845/month

277 Days on Market

Highlights

  • Lake Front
  • 2.32 Acre Lot
  • Many Trees
  • Creek Valley Elementary School Rated A
  • Agricultural

About This Lot

As of October 2012

2.32 acres on gorgeous Arrowhead Lake. Over 200 feet lakefront, wooded and private. A prime Indian Hills location - builders welcome. Build your exceptional home on this superb site!

Last Agent to Sell the Property

George Bodnia

CENTURY 21 Luger Realty Listed on: 08/05/2011

Last Buyer's Agent

Bruce Birkeland

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $59,694

Lot Details

  • 2.32 Acre Lot
  • Lake Front
  • Sloped Lot
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0611621240006

Property Details

Property Type

Land

Est. Annual Taxes

$59,694

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessment Balance: 481
  • Assessments: Unknown
  • Parcel Number: 0611621240006
  • Projected Closed Date: 10/01/2012
  • Street Designation: Road
  • Taxes With Assessments: 19257
  • Estimated Number of Acres: 2.32
  • Additional Information: Survey, Survey Stakes
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 22
  • Waterfront Name: Arrowhead
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Private Well, Telephone

Schools

  • School District: Edina #273

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2018
Sold by
Great Neighborhood Homes Inc
Bought by
Morrell Ryan and Morrell Jessica
Current Estimated Value
$3,733,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,681,244
Outstanding Balance
$2,265,519
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,467,516

Purchase Details

Closed on
Aug 15, 2016
Sold by
Liepke Malcolm and Liepke Michelle
Bought by
Great Neighborhood Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 5, 2011
Closed on
Oct 2, 2012
Sold by
Haugen Eric and Pettengill Kimberly
Bought by
Liepke Malcolm and Liepke Michelle
Seller's Agent
George Bodnia
CENTURY 21 Luger Realty
Buyer's Agent
Bruce Birkeland
Coldwell Banker Burnet
List Price
$879,900
Sold Price
$795,000
Premium/Discount to List
-$84,900
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Morrell Ryan $3,830,350 Burnet Title
Great Neighborhood Homes Inc $1,135,000 Executive Title Northwest Ll
Liepke Malcolm $795,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrell Ryan $2,681,244
Previous Owner Great Neighborhood Homes Inc $908,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2012 10/02/12 Sold $795,000 -9.6% --
05/08/2012 05/08/12 Pending -- -- --
08/05/2011 08/05/11 For Sale $879,900 -- --
Source: REALTOR® Association of Southern Minnesota

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 $59,694 $4,008,300 $952,700 $3,055,600
2023 $48,927 $3,448,700 $1,003,700 $2,445,000
2022 $44,163 $3,273,900 $960,500 $2,313,400
2021 $43,179 $2,914,900 $835,200 $2,079,700
2020 $42,814 $2,853,000 $773,300 $2,079,700
2019 $16,003 $2,782,700 $703,000 $2,079,700
2018 $9,927 $1,083,000 $703,000 $380,000
2017 $9,594 $655,000 $650,000 $5,000
2016 $9,961 $655,000 $650,000 $5,000
2015 $8,380 $587,000 $582,000 $5,000
2014 -- $490,000 $485,000 $5,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Bodnia

    CENTURY 21 Luger Realty

  • B

    Buyer's Agent in 2012

    Bruce Birkeland

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3493577

REALTOR® Association of Southern Minnesota

APN: 06-116-21-24-0006

Minnesota Hennepin County Edina 55439 Indian Hills

6612 Indian Hills Rd, Edina, MN

This home is located at 6612 Indian Hills Rd, Edina, MN 55439 since 05 August 2011 and is currently estimated at $3,733,035. 6612 Indian Hills Rd is a home located in Hennepin County with nearby schools including Creek Valley Elementary School, Valley View Middle School, and Edina 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.

REALTOR® Association of Southern Minnesota 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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