NOT LISTED FOR SALE

7694 S 700 W Morgantown, IN 46160

Estimated Value: $272,000 - $682,000

88.2 Acres
$4,676 Price per Acre
3,841,992 Sq Ft Lot

Last Sold April 17, 2019

Last sale price $435,000 $345 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,365/month

81 Days on Market

About This Lot

As of April 2019

Mostly wooded 88.2 acres with rolling hills and Indian Creek flowing through the northern edge of the property. Located just outside of Morgantown in Johnson County, this is a rare find. This property is great for hunting and many more outdoor recreational activities. This land is full of marketable timber consisting of large poplar, red oak, and walnut trees. An old farm house with a full basement and solid structure is an added bonus. This 88.2 acre parcel is a must see.

Last Agent to Sell the Property

Jacob Sebesky

Listed on: 11/09/2018

Co-Listed By

Mark Bowman

Tramcore Realty License #RB14039468

Last Buyer's Agent

Stephen Sanford

RE/MAX Realty Group

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,242

Lot Details

  • 88.2

Additional Features

  • 88.2 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 411030042005000015

Property Details

Property Type

Land

Est. Annual Taxes

$1,242

Lot Details

0

Listing Details

  • Type: Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Co List Office Phone: 317-431-6346
  • Lot Size Acres: 88.2
  • Road Frontage Type: NotApplic
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: Mostly wooded 88.2 acres with rolling hills and Indian Creek flowing through the northern edge of the property. Located just outside of Morgantown in Johnson County, this is a rare find. This property is great for hunting and many more outdoor recreational activities. This land is full of marketable timber consisting of large poplar, red oak, and walnut trees. An old farm house with a full basement and solid structure is an added bonus. This 88.2 acre parcel is a must see.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 529200
  • Other Structures: Shed(s)
  • Topography: Hilly,Stream,Wooded
  • Road Access: CountyRd
  • Water: Well on Site

Utilities

  • Sewer: Septic Tank
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Parcel Number: 411030042005000015
  • Zoning: A-1
  • Acres: >20 Acres
  • Lot Number: 6
  • Lot Size: 3,580,632
  • Improvements: None
  • Land Characteristics: Rural,Mature Trees,Wooded
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Agricultur,Single Family
  • Price Acre: 6000

Tax Info

  • Tax Annual Amount: 1242
  • Semi Annual Property Tax Amt: 621
  • Tax Exemption: None
  • Multiple Tax I D: 411030024001000015
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Robinson Terry W and Franklin Joint Trust
Bought by
Limp Danny D and Petersen Carri A
Current Estimated Value
$412,404

Purchase Details

Listed on
Nov 9, 2018
Closed on
Apr 17, 2019
Sold by
Ratliff Virginia L and Speer Denward W
Bought by
Robinson Terry W and Franklin Joint Trust
Seller's Agent
Jacob Sebesky
Buyer's Agent
Stephen Sanford
RE/MAX Realty Group
List Price
$529,200
Sold Price
$435,000
Premium/Discount to List
-$94,200
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Speer Nadine
Bought by
Ratliff Virginia L and Speer Denward W
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
Limp Danny D -- None Available
Robinson Terry W -- Royal Title Services
Ratliff Virginia L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $435,000 -17.8% $345 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $529,200 -- $420 / 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
2025 $2,040 $170,500 $56,700 $113,800
2024 $2,040 $142,800 $55,600 $87,200
2023 $1,921 $129,600 $47,500 $82,100
2022 $1,690 $117,600 $43,500 $74,100
2021 $1,439 $103,700 $41,300 $62,400
2020 $1,339 $102,200 $41,200 $61,000
2019 $1,297 $100,500 $44,100 $56,400
2018 $1,251 $98,700 $44,600 $54,100
2017 $1,243 $94,900 $47,100 $47,800
2016 $333 $95,500 $47,700 $47,800
2014 $282 $97,100 $48,600 $48,500
2013 $282 $93,900 $45,700 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21606406

MIBOR Broker Listing Cooperative®

APN: 41-10-30-042-005.000-015