NOT LISTED FOR SALE

7911 E 249th St Arcadia, IN 46030

Estimated Value: $644,000 - $1,371,000

8.25 Acres
$126,430 Price per Acre
359,370 Sq Ft Lot

Last Sold November 28, 2016

Last sale price $112,000 $90 Per Sq Ft

Est. 831% increase in value since last sale

Current estimated payment $6,162/month

43 Days on Market

About This Lot

As of November 2016

Wonderful opportunity! Nice property w/ road frontage on both 249th St & Point Ln. Subject to municipal approvals, this plot would be approximately 8.25 +/- acres. Plenty of room for your custom home, outbuilding, animals, etc. Currently tillable farmland. Seller retains all crop rights thru 2016 harvest. Offers/negotiations to be on a 'per acre' basis and final acreage to be determined by survey. Come home to the country!

Last Agent to Sell the Property

Sandy Thomas

Highgarden Real Estate License #RB14042750 Listed on: 04/25/2016

Highgarden Real Estate

Last Buyer's Agent

Ryan Hoesli

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $796

Lot Details

  • 8.25

Additional Features

  • 8.25 Acre Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 290225000013000008

Property Details

Property Type

Land

Est. Annual Taxes

$796

Lot Details

0

Listing Details

  • Type: AgricLand,SeeRemarks
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2015
  • Lot Size Acres: 8.25
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Property Description: Wonderful opportunity! Nice property w/ road frontage on both 249th St & Point Ln. Subject to municipal approvals, this plot would be approximately 8.25 +/- acres. Plenty of room for your custom home, outbuilding, animals, etc. Currently tillable farmland. Seller retains all crop rights thru 2016 harvest. Offers/negotiations to be on a 'per acre' basis and final acreage to be determined by survey. Come home to the country!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 144000
  • Topography: Cleared,Level
  • Road Access: Frontage Road
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Lot Info

  • Development Status: NoStatus
  • Parcel Number: 290225000013000008
  • Zoning: Res1
  • Acres: 5-10 Acres
  • Lot Number: 0
  • Lot Size: 8.25+/-
  • Improvements: None
  • Land Characteristics: Corner,Rural,See Remarks
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Single Family
  • Price Acre: 17455

Tax Info

  • Tax Annual Amount: 796
  • Semi Annual Property Tax Amt: 398
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Hamilton Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Drees Premier Homes Inc
Bought by
Scott Brian and Scott Jyl
Current Estimated Value
$1,043,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,653
Outstanding Balance
$402,751
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$640,293

Purchase Details

Listed on
Apr 25, 2016
Closed on
Nov 28, 2016
Sold by
Amick Elisabeth Ann and Miller Elisabeth Ann
Bought by
Drees Premier Homes Inc
Seller's Agent
Sandy Thomas
Highgarden Real Estate
Buyer's Agent
Ryan Hoesli
Compass Indiana, LLC
List Price
$144,000
Sold Price
$112,000
Premium/Discount to List
-$32,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%
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
Scott Brian -- First American Title
Drees Premier Homes Inc -- Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Brian $484,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $112,000 -22.2% $90 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $144,000 -- $115 / 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 $7,320 $826,200 $80,000 $746,200
2023 $7,320 $772,700 $77,500 $695,200
2022 $6,849 $683,400 $74,900 $608,500
2021 $6,292 $628,500 $73,500 $555,000
2020 $5,716 $583,200 $73,400 $509,800
2019 $6,415 $654,400 $42,700 $611,700
2018 $6,343 $635,300 $43,100 $592,200
2017 $287 $44,600 $44,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21413582

MIBOR Broker Listing Cooperative®

APN: 29-02-25-001-001.000-008