$189,000
SOLD JUN 22, 2012

7222 E Pine Needle Ln Morgantown, IN 46160

22 Acres
$8,487 Price per Acre
970,081 Sq Ft Lot

Recently Sold

16% Below List Price

730 Days on Market

About This Lot

As of August 2018

Wow! Over 22 acres of Paradise! Owners have recently put in new gravel drives and paths throughout, several fantastic building sites. 1 acre lake, rolling, wooded, tranquil, private area. Access roads, electric and divisible for several homesites if buyer desires. **Seller will consider trade or contract sale**

Last Agent to Sell the Property

Tanya Smythe

Smythe & Co, Inc Brokerage Email: tanya@smytherealestate.com License #RB14038926 Listed on: 04/22/2010

Last Buyer's Agent

Tanya Smythe

Smythe & Co, Inc Brokerage Email: tanya@smytherealestate.com License #RB14038926 Listed on: 04/22/2010

Property Details

Property Type

Land

Est. Annual Taxes

$315

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2009
  • Lot Size Acres: 22.27
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Pine Ridge
  • Transaction Type: Sale
  • MBR_AttributionContact: tanya@smytherealestate.com
  • Attribution Contact: tanya@smytherealestate.com
  • Special Features: None

Interior Features

  • Upper Level Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 209900
  • Other Structures: No Building, Not Applicable
  • Topography: Pond,Sloping,Stream,Wooded
  • Road Access: County Rd
  • Water: Municipal Water on Site

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • H O A Disclosures: Covenants & Restrictions

Lot Info

  • Additional Parcels: No
  • Development Status: Plat Recorded, Surveyed
  • Lot Size Sq Ft: 22.27
  • Number Of Lots: 2
  • Parcel Number: 551415225013000012
  • Zoning: Single Family
  • Acres: 20-29 Acres
  • Land Characteristics: Lake Front,On Pond,Rural,Wooded
  • Present Zoning: Agricultur
  • Price Acre: 9425

Tax Info

  • Tax Annual Amount: 314
  • Tax Lot: 13
  • Semi Annual Property Tax Amt: 157
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 20, 2018
Sold by
Gardner Charles L and Gardner Kathryn L
Bought by
Porter Christopher K and Porter Amanda M
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
Daniel Frische
Smythe & Co, Inc
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Current Estimated Value
$307,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,590
Avg. Annual Appreciation
6.78%
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2015
Sold by
Gardner Charles L and Gardner Kathryn L
Bought by
Gardner Charles L and Gardner Kathryn L

Purchase Details

Listed on
Apr 22, 2010
Closed on
Jun 20, 2012
Sold by
Cummings Richard and Cummings Nikol
Bought by
Gardner Charles L and Gardner Kathryn L
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
Tanya Smythe
Smythe & Co, Inc
List Price
$225,000
Sold Price
$189,000
Premium/Discount to List
-$36,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$154,500
Interest Rate
3.87%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed -- Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,000 New Conventional
Closed $404,000 New Conventional
Closed $404,000 Construction
Closed $135,000 New Conventional
Previous Owner $171,000 Commercial
Previous Owner $154,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $180,000 -10.0% --
07/13/2018 07/13/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $199,900 +5.8% --
06/22/2012 06/22/12 Sold $189,000 -16.0% --
04/22/2012 04/22/12 Pending -- -- --
04/22/2010 04/22/10 For Sale $225,000 -- --
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 $315 $25,300 $25,300 $0
2023 $259 $25,300 $25,300 $0
2022 $2,090 $367,000 $77,100 $289,900
2021 $1,512 $292,500 $49,100 $243,400
2020 $883 $205,000 $49,100 $155,900
2019 $341 $37,200 $37,200 $0
2018 $330 $37,200 $37,200 $0
2017 $340 $37,200 $37,200 $0
2016 $347 $37,200 $37,200 $0
2014 $269 $37,200 $37,200 $0
2013 $269 $37,200 $37,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21022092

MIBOR Broker Listing Cooperative®

APN: 55-14-15-225-013.000-012