NOT LISTED FOR SALE

75 S Cataract Rd Spencer, IN 47460

Estimated Value: $466,374 - $511,000

11.84 Acres
$41,274 Price per Acre
515,750 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $375,000 $198 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,471/month

86 Days on Market

About This Lot

As of December 2021

Nice private building spot on this 11.84+/- acre tract with electric and access to additional well and older septic system not guaranteed. Woods and pasture with beautiful views for your new home! There is also a home that can be bought with 10.24+/- acres for $265,000 and the additional 11.84+/- acres can be bought for $145,000 but home must sell first. $410,000 buys all!

Last Agent to Sell the Property

Beth Neeley

Down Home Real Est & Auction License #RB14024619 Listed on: 08/28/2021

Last Buyer's Agent

Brette Land

Greene Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $480

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$480

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: AgricLand
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Website: Downhome.Properties
  • Directions: Go south from Cloverdale on hwy 231 approx. 7 miles to South Cataract Rd, turn right to property on the right.
  • New Construction: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Water: See Remarks
  • Disclosures: Not Applicable
  • Topography: Pasture,Wooded

Utilities

  • Solid Waste: 0
  • Sewer: See Remarks

Lot Info

  • Acres: 10-20 Acres
  • Lot Number: 0
  • Lot Size: 515,750
  • Improvements: SeeRemarks
  • Development Status: See Remarks
  • Zoning: ag

Tax Info

  • Semi Annual Property Tax Amt: 240
  • Tax Exemption: None
  • Tax Annual Amount: 480
  • Tax Year: 2020

MLS Schools

  • School District: Cloverdale Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Dec 20, 2021
Sold by
Daubenspeck Justin L
Bought by
Black Tabitha L and Williams Scott E
Seller's Agent
Beth Neeley
Down Home Real Est & Auction
Buyer's Agent
Brette Land
Greene Realty, LLC
Sold Price
$375,000
Current Estimated Value
$464,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,897
Avg. Annual Appreciation
6.72%
Original Mortgage
$362,404
Outstanding Balance
$333,227
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$155,460

Purchase Details

Closed on
Mar 9, 2017
Sold by
Mader Steven V
Bought by
Daubenspeck Justin L

Purchase Details

Closed on
Apr 23, 2014
Sold by
Rush Mark A and Rush Brandy J
Bought by
Mader Steven V and Mader Lynn A

Purchase Details

Closed on
Nov 29, 2012
Sold by
Sheriff Chester H Richardson Iii
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
May 20, 2010
Sold by
Reeves Danny E and Reeves Marcia D
Bought by
Reeves Danny E and Reeves Marcia D

Purchase Details

Closed on
Mar 28, 2010
Sold by
Reeves Danny E
Bought by
Murray Angelina M

Purchase Details

Closed on
Jan 16, 2007
Sold by
Reeves Marcia D and Mcdaniel Marcia
Bought by
Reeves Danny E and Reeves Marcia D
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
Black Tabitha L $158,378 None Available
Daubemspeck Justin L $158,378 None Available
Daubenspeck Justin L $172,000 --
Mader Steven V -- None Available
Jp Morgan Chase Bank -- --
Reeves Danny E -- None Available
Murray Angelina M $116,000 --
Reeves Danny E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Tabitha L $362,404
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $375,000 +158.6% $198 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/16/2021 11/16/21 For Sale -- -- --
10/31/2021 10/31/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $145,000 -- $77 / Sq Ft
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 $481 $33,500 $33,500 $0
2023 $498 $31,300 $31,300 $0
2022 $457 $28,900 $28,900 $0
2021 $451 $27,700 $27,700 $0
2020 $481 $27,600 $27,600 $0
2019 $473 $26,400 $26,400 $0
2018 $500 $26,900 $24,600 $2,300
2017 $526 $28,400 $25,900 $2,500
2016 $585 $29,200 $26,500 $2,700
2014 $519 $27,000 $27,000 $0
2013 -- $25,400 $25,400 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beth Neeley

    Down Home Real Est & Auction

    (765) 376-6240

    82 Total Sales

    Beth Neeley
    Section Image

  • B

    Buyer's Agent in 2021

    Brette Land

    Greene Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21810053

MIBOR Broker Listing Cooperative®

APN: 60-07-05-400-240.000-026

Indiana Owen County Spencer 47456

75 S Cataract Rd, Spencer, IN

Not Listed for Sale

Lots

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