NOT LISTED FOR SALE

7165 W 1050 N Nappanee, IN 46550

Estimated Value: $208,000

1.5 Acres
$138,667 Price per Acre
65,340 Sq Ft Lot

Last Sold August 04, 2023

Last sale price $30,500 $15 Per Sq Ft

Est. 582% increase in value since last sale

Current estimated payment $1,275/month

30 Days on Market

About This Lot

As of August 2023

120+/- Acres of High Quality Productive Cropland & Potential Building Sites offered in 8 Tracts going to Auction on Thursday, June 15, 2023 at 6 pm! Tract 1 features 1.5+/- Acres with Poultry Barn already in place. Would make a great country setting for your dream home! Bid Live In-Person or Online! Bid on each tract individually, any combination, or for the entirety!

Last Agent to Sell the Property

Chad Metzger

Metzger Property Services, LLC Listed on: 05/16/2023

Last Buyer's Agent

Chad Metzger

Metzger Property Services, LLC Listed on: 05/16/2023

Property Details

Property Type

  • Land

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 300x235
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Property is zoned A1

Schools

  • Nappanee Elementary School
  • Northwood Middle School
  • Northwood High School

Farming

  • Agricultural

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 43-02-19-200-078.000-011

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Approximately 1.5+/- Acres part of: 33-47-1 E 1/2 SE 19-34-5 80.00A
  • Parcel Number ID: 43-02-19-200-078.000-011
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 100
  • Parcel Description: 0-2.9999
  • Type of Sale: Auction
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential
  • County Zoning: A1
  • Year Taxes Payable: 2023
  • Special Features: Auction

Exterior Features

  • Road Frontage: County

Utilities

  • Electricity Type: Available

Schools

  • School District: Wa-Nee Community Schools
  • Elementary School: Nappanee
  • Middle School: NorthWood
  • High School: NorthWood
  • Elementary School: Nappanee

Lot Info

  • Lot Dimensions: 300x235
  • Estimated Lot Sq Ft: 65340
  • Estimated Lot Size Acres: 1.5
  • Easements: Yes

Tax Info

  • Annual Taxes: 3478.14

MLS Schools

  • High School: NorthWood
  • Middle School: NorthWood
  • School District: Wa-Nee Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Aug 4, 2023
Sold by
Peggy L Hagenmeyer Revocable Living Trus
Bought by
Fairview Ajv Llc
Seller's Agent
Chad Metzger
Metzger Property Services, LLC
Buyer's Agent
Chad Metzger
Metzger Property Services, LLC
List Price
$30,500
Sold Price
$30,500
Views
14
Current Estimated Value
$208,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,500
Avg. Annual Appreciation
138.38%
Original Mortgage
$850,000
Outstanding Balance
$830,122
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$622,122

Purchase Details

Closed on
Aug 6, 2015
Sold by
Hagenmeyer Peggy L
Bought by
Hagenmeyer Peggy L

Purchase Details

Closed on
Aug 5, 2015
Sold by
1St Source Bank
Bought by
Hagenmeyer Peggy L

Purchase Details

Closed on
Dec 7, 1999
Sold by
Mikel Richard F and Mikel Dixie L
Bought by
Mikel Richard F and Mikel Dixie L
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
Fairview Ajv Llc $1,178,723 None Listed On Document
Pauls Welding Inc $1,178,723 None Listed On Document
Smf Properties Llc $1,178,723 None Listed On Document
Hagenmeyer Peggy L -- Attorney
Hagenmeyer Peggy L -- Attorney
Mikel Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smf Properties Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $30,500 0.0% $15 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $30,500 -- $15 / Sq Ft
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 $2,097 $149,700 $149,700 $0
2023 $2,912 $208,200 $196,700 $11,500
2022 $2,446 $171,300 $160,600 $10,700
2021 $3,742 $245,300 $141,400 $103,900
2020 $3,587 $233,600 $137,500 $96,100
2019 $3,871 $254,300 $162,900 $91,400
2018 $4,012 $250,600 $165,400 $85,200
2017 $3,884 $268,200 $187,000 $81,200
2016 $4,109 $273,700 $196,000 $77,700
2014 $3,684 $277,500 $204,100 $73,400
2013 $3,684 $248,600 $177,900 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202315920

Indiana Regional MLS

APN: 43-02-19-200-078.000-011