$2,195,000
SOLD APR 18, 2025

7001 N Us 421 Sheridan, IN 46069

103 Acres
$21,415 Price per Acre
4,464,900 Sq Ft Lot

Recently Sold

4% Below List Price

1 Day on Market

About This Lot

As of April 2025

Available in Boone County...102.5 acres of prime central Indiana farmland. This property has been meticulously maintained and consistently produces a diverse range of crops. Approximately 100 acres are currently cash rented through 2026. The property boasts a pond with mature trees, and a separate parcel has been established to accommodate an entrance off of US 421. Access is also available from County Road 750 to the north end of the property. The sellers recently collaborated with Boone County to replace an 18-inch tile ditch, ensuring optimal drainage for the entire property. The current tenant farmer is interested in continuing to rent from a new owner. MUST have an approval from listing agent in order to drive or walk the property.

Last Agent to Sell the Property

Lori Davis Smith

Highgarden Real Estate Brokerage Email: dearlori@bhtindy.com License #RB14050253 Listed on: 03/08/2025

Last Buyer's Agent

Thomas Colvin

eXp Realty, LLC License #RB14025301

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,638

Lot Details

  • 102.5 Acre Lot
  • Additional Parcels

Schools

  • Sheridan Elementary School
  • Sheridan Middle School
  • Sheridan High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 007-02450-00
  • Assessor Parcel Number 061629000007000012
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$3,638

Lot Details

0

Listing Details

  • Type: Agric Land
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 102.5
  • Road Frontage Type: County Road, FrontageRd, State Road
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: dearlori@bhtindy.com
  • Attribution Contact: dearlori@bhtindy.com
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial, Perimeter
  • List Price: 2295000
  • Other Structures: Barn(s), No Value
  • Topography: Cleared,Level,Pond
  • Road Access: County Rd,Frontage Road,See Remarks
  • Water: Other

Utilities

  • Sewer: Other
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Sheridan Middle School

Lot Info

  • Lot Features: See Remarks
  • Additional Parcels Description: 007-02460-01
  • Additional Parcels: Yes
  • Development Status: NoStatus
  • Horse Amenities: None
  • Lot Size Sq Ft: 4736279
  • Number Of Lots: 2
  • Parcel Number: 061629000007000012
  • Zoning: Ag
  • Acres: >20 Acres
  • Land Characteristics: Rural,See Remarks
  • Present Zoning: Agricultur
  • Price Acre: 21415
  • Soil Type: See Remarks
  • Divisible: No
  • Tillable Acres: 100
  • Wooded Acres: 2

Tax Info

  • Tax Annual Amount: 3638
  • Tax Lot: 007-02450-00
  • Semi Annual Property Tax Amt: 1819
  • Tax Exemption: None

MLS Schools

  • Elementary School: Sheridan Elementary School
  • High School: Sheridan High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
Apr 11, 2025
Sold by
Flanary Roy
Bought by
Bs Management Services Llc
Seller's Agent
Lori Davis Smith
Highgarden Real Estate
Buyer's Agent
Thomas Colvin
eXp Realty, LLC
List Price
$2,295,000
Sold Price
$2,195,000
Premium/Discount to List
-$100,000
-4.36%
Views
17
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $2,195,000 Centurion Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $2,195,000 -4.4% --
03/09/2025 03/09/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $2,295,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $4,263 $265,300 $264,300 $1,000
2023 $3,406 $221,200 $220,200 $1,000
2022 $2,717 $174,900 $173,900 $1,000
2021 $2,435 $150,500 $149,500 $1,000
2020 $2,371 $149,300 $148,300 $1,000
2019 $2,860 $183,700 $180,800 $2,900
2018 $3,025 $189,300 $186,600 $2,700
2017 $3,392 $217,100 $214,500 $2,600
2016 $3,455 $229,600 $227,200 $2,400
2014 $3,881 $242,400 $237,600 $4,800
2013 $3,422 $208,700 $204,000 $4,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22025526

MIBOR Broker Listing Cooperative®

APN: 06-16-29-000-007.000-012