NOT LISTED FOR SALE

6884 E Rust Rd Unionville, IN 47468

Estimated Value: $386,000 - $505,000

6 Acres
$78,305 Price per Acre
261,360 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $80,000

Est. 472% increase in value since last sale

Current estimated payment $2,774/month

361 Days on Market

Highlights

  • Dock Rights
  • Lake, Pond or Stream
  • Private Streets
  • Unionville Elementary School Rated A

About This Lot

As of May 2018

Come and build your dream home on this 6 acre parcel in Lake Lemon Estates. Located on the south west side of Lake Lemon. Wooded lot with access to Lake Lemon for the purpose of a dock. Easy access to Blgtn or Indy.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,047

Lot Details

  • 6 Acre Lot
  • Property fronts a county road
  • Private Streets
  • Finished Lot(s)

Utilities

  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-01-33-100-071.000-003

Community Details

Overview

  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Waterfront Owned by Association
  • Dock Rights
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$1,047

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lake Lemon Estates Lot 6
  • Parcel Number ID: 53-01-33-100-071.000-003
  • Platted: Yes
  • Road Access: Private
  • Road Surface: Gravel
  • Parcel Description: Level, Partially Wooded
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Options: Sell Entirely
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Features: Boat Docking Rights, Assoc
  • Water Name: Lake Lemon
  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Electric Company: South Central REMC
  • Water Type: Lake
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

Lot Info

  • Lot Dimensions: irre
  • Estimated Lot Sq Ft: 261360
  • Estimated Lot Size Acres: 6
  • Lot Number: 6

Tax Info

  • Annual Taxes: 1046.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 18, 2018
Sold by
Banks Joanne
Bought by
Mcalexander Aaron
List Price
$89,500
Sold Price
$80,000
Premium/Discount to List
-$9,500
-10.61%
Current Estimated Value
$457,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,380
Avg. Annual Appreciation
26.35%
Original Mortgage
$60,000
Outstanding Balance
$18,656
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,176

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 15, 2018
Sold by
Banks Joanne S
Bought by
Mcalexander Aaron
List Price
$89,500
Sold Price
$80,000
Premium/Discount to List
-$9,500
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$18,656
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,176

Purchase Details

Closed on
Apr 18, 2012
Sold by
Terry Todd A and Terry Marcy R
Bought by
Banks Joanne S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcalexander Aaron $80,000 --
Mcalexander Aaron -- None Available
Banks Joanne S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcalexander Aaron $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $80,000 -10.6% --
04/17/2017 04/17/17 For Sale $89,500 -- --
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 $4,410 $359,600 $79,100 $280,500
2023 $2,590 $342,100 $75,100 $267,000
2022 $2,590 $319,900 $75,100 $244,800
2021 $1,255 $75,100 $75,100 $0
2020 $1,112 $75,100 $75,100 $0
2019 $1,100 $75,100 $75,100 $0
2018 $1,041 $70,100 $70,100 $0
2017 $1,055 $70,100 $70,100 $0
2016 $1,047 $70,100 $70,100 $0
2014 $916 $70,100 $70,100 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201715913

Indiana Regional MLS

APN: 53-01-33-100-071.000-003

Indiana Monroe County Unionville 47468

6884 E Rust Rd, Unionville, IN

Not Listed for Sale

Lots

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.

Nearby Homes