NOT LISTED FOR SALE

7541 E 450 N Rochester, IN 46975

Estimated Value: $566,000

60 Acres
$9,433 Price per Acre
2,613,600 Sq Ft Lot

Last Sold October 25, 2017

Last sale price $525,000

Est. 8% increase in value since last sale

Current estimated payment $3,500/month

25 Days on Market

Highlights

  • 60 Acre Lot
  • Pole Barn
  • 3 Acres of Pasture

About This Lot

As of October 2017

This property is going to auction on September 25, 2017, 6pm at the property. Auction estimate: $300,000 - $480,000. 60 Acres offered in 4 tracts. Great place to build your dream home with multiple barns already established! Bid on one tract, a combination or the whole farm.

Last Agent to Sell the Property

Chad Metzger

Metzger Property Services, LLC Listed on: 08/31/2017

Last Buyer's Agent

Chad Metzger

Metzger Property Services, LLC Listed on: 08/31/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,390

Lot Details

  • 60 Acre Lot
  • Lot Dimensions are 1970 x 1330
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Off-Street Parking

Outdoor Features

  • Pole Barn
  • Shed

Schools

  • Akron Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Farming

  • 3 Acres of Pasture
  • Agricultural

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 25-04-20-400-001.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$2,390

Lot Details

60 Acres

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Nw W 1/2 Se 20-31-4. 60 A. |
  • Parcel Number ID: 25-04-20-400-001.000-006
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Parcel Description: Tillable, 15+
  • Type of Sale: Auction
  • Can Be Subdivided: Yes
  • Options: Sell Entirely, Will Divide
  • Side Of Road: South
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • Special Features: Auction

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Off Street

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

  • Elementary School: Akron

Lot Info

  • Lot Dimensions: 1970 x 1330
  • Estimated Lot Sq Ft: 2613600
  • Estimated Lot Size Acres: 60
  • Easements: Yes
  • Number Pasture Acres: 3.09
  • Numbertillable Acres: 57.76
  • Land Features: Barn, Pole Barn, Shed

Tax Info

  • Annual Taxes: 2389.56

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 25, 2017
Sold by
Heather Long
Bought by
Martin Joel L
Seller's Agent
Chad Metzger
Metzger Property Services, LLC
Buyer's Agent
Chad Metzger
Metzger Property Services, LLC
List Price
$300,000
Sold Price
$525,000
Premium/Discount to List
$225,000
75%
Current Estimated Value
$566,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,000
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Martin Joel L $150,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $525,000 +75.0% --
09/25/2017 09/25/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $300,000 -- --
Source: Indiana Regional MLS

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
2025 $6,654 $337,100 $53,700 $283,400
2024 $6,654 $443,300 $56,100 $387,200
2023 $6,249 $406,500 $50,300 $356,200
2022 $6,073 $385,800 $39,600 $346,200
2021 $6,138 $354,700 $36,400 $318,300
2020 $6,400 $354,500 $36,200 $318,300
2019 $6,229 $359,900 $40,600 $319,300
2018 $1,033 $57,300 $44,100 $13,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201740836

Indiana Regional MLS

APN: 25-04-20-400-001.010-006

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