NOT LISTED FOR SALE

744 S 500 E Marion, IN 46953

Estimated Value: $242,000 - $431,645

8.8 Acres
$38,314 Price per Acre
383,328 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $72,000

Est. 368% increase in value since last sale

Current estimated payment $1,939/month

8 Days on Market

About This Lot

As of October 2019

Country setting with a pond in a quiet private location. Close to I69, Marion, IWU, Taylor U. Seller has installed a new mound septic system and has new electric service to the acreage. As a bonus, all the metal for a 50x80 pole building is on site for an additional price. Two loads of stone for foundation work are on site also. No manufactured homes allowed.

Last Agent to Sell the Property

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 09/15/2019

Co-Listed By

David Dessing

Nicholson Realty - Marion Branch

Last Buyer's Agent

Craig Luthy

Nicholson Realty 2.0 LLC Listed on: 09/15/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $142

Lot Details

  • 8.8 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Allen/Justice Elementary School
  • Mcculloch/Justice Middle School
  • Marion High School

Utilities

  • Well Required
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-07-11-400-031.201-001

Community Details

Overview

  • Brent Wood / Brentwood Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$142

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: LOT 1 BRENTWOOD SUB DIV BEING 1.55A, LOT2 BRENTWOOD SUB DIV BEING 1.34A, LOT 3 BRENTWOOD SUB DIV BEING 1.54A, LOT 4 BRENTWOOD SUB DIV BEING 1.62A, LOT 12 BRENTWOOD SUB DIV BEING 2.75A
  • Parcel Number ID: 27-07-11-400-031.201-001
  • Platted: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Level
  • Restrictions: Covenants
  • Type of Sale: Traditional
  • Can Be Subdivided: Yes
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: Private

Utilities

  • Water Utilities: Well Needed
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Electric
  • Sewer Type: Septic

Schools

  • Elementary School: Allen/Justice

Lot Info

  • Lot Dimensions: 383,327
  • Estimated Lot Sq Ft: 383328
  • Estimated Lot Size Acres: 8.8

Tax Info

  • Annual Taxes: 141.6

MLS Schools

  • High School: Marion
  • Middle School: McCulloch/Justice
  • School District: Marion Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2019
Closed on
Oct 4, 2019
Sold by
Meyers Lori
Bought by
Bell Joseph A and Bell Cynthia R
Seller's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
Buyer's Agent
Craig Luthy
Nicholson Realty 2.0 LLC
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%
Current Estimated Value
$337,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,161
Avg. Annual Appreciation
27.87%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Biehl Thomas R and Biehl Brandy D
Bought by
Biehl Thomas R and Biehl Brandy D

Purchase Details

Closed on
Feb 23, 2011
Sold by
First Merchant Bank
Bought by
Biehl Thomas R and Biehl Brandy D

Purchase Details

Closed on
Aug 12, 2010
Sold by
Yeagy Bruce L and Yeagy Pamela S
Bought by
First Merchants Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bell Joseph A $72,000 North American Title Company L
Biehl Thomas R -- None Available
Biehl Thomas R -- None Available
First Merchants Bank Na -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2019 10/04/19 Sold $72,000 -9.9% --
09/23/2019 09/23/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $79,900 +405.3% --
08/17/2018 08/17/18 Sold $15,812 -38.9% -- View Prior Sale
08/11/2018 08/11/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $25,900 -- --
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 $2,112 $270,200 $63,500 $206,700
2023 $2,378 $262,300 $63,500 $198,800
2022 $2,581 $255,300 $63,500 $191,800
2021 $2,579 $236,300 $63,500 $172,800
2020 $840 $40,000 $40,000 $0
2019 $791 $40,000 $40,000 $0
2018 $142 $7,000 $7,000 $0
2017 $138 $7,000 $7,000 $0
2016 $131 $7,000 $7,000 $0
2014 $122 $7,000 $7,000 $0
2013 $122 $7,000 $7,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201940951

Indiana Regional MLS

APN: 27-07-11-400-031.201-001