NOT LISTED FOR SALE

Estimated Value: $456,000 - $604,000

287 Acres
$1,900 Price per Acre
12,484,300 Sq Ft Lot

Last Sold June 14, 2022

Last sale price $3,200,000 $1,720 Per Sq Ft

Current estimated payment $3,710/month

282 Days on Market

About This Lot

As of June 2022

Investor/Developer Opportunity with nearby access to I-65. Beautiful 286 acre farm composed of 4 parcels adjacent to Stoney Run Park features tillable land, rolling hills, two ponds-one stocked, a marsh and wooded acreage. So many possibilities! Farm house built in 1917 sits on 58.8 acre parcel with several out buildings. Additional parcels: 47 acres, 159.43 acres and 22.11 acres. Crown Point schools. Farm equipment NOT included, but available for purchase. So many possibilities. Don't think too long about this hidden gem - they will sell the farm with or without you!

Last Agent to Sell the Property

Sherry Green

Crown Real Estate Group, LLC License #RB14050355 Listed on: 08/06/2021

Co-Listed By

Eston Stump

Crown Real Estate Group, LLC License #RB14033950

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 1917

Lot Details

  • 286.6 Acre Lot
  • Land Lease
  • Zoning described as Rural, farm

Parking

  • 2 Car Garage

Home Design

  • 1,860 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 451733100008000044

Property Details

Property Type

Land

Est. Annual Taxes

$7,912

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Year Built: 1917
  • Co List Office Mls Id: GNR1826
  • Co List Office Mls Id: GNR1826
  • Subdivision Name: N/A
  • GNR_TotalBathrooms: 1.75
  • GNR_Auction: No
  • GNR_RealEstateOwnedYN: false
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Acres: 286.6

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Utilities: On

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 12484296
  • ResoLotSizeUnits: Acres
  • Parcel #: 451733100008000044
  • Zoning Description: Rural, farm
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Jun 17, 2022
Sold by
John R Hough Trust
Bought by
Groen John and Groen Pamela
Seller's Agent
Sherry Green
Crown Real Estate Group, LLC
List Price
$3,200,000
Sold Price
$3,200,000
Current Estimated Value
$544,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,655,487
Avg. Annual Appreciation
-45.28%
Original Mortgage
$2,000,000
Outstanding Balance
$1,921,387
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
-$1,400,132
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
Groen John -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groen John $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $3,200,000 0.0% $1,720 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
08/06/2021 08/06/21 For Sale $3,200,000 -- $1,720 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $8,112 $437,100 $182,100 $255,000
2023 $4,039 $364,900 $164,300 $200,600
2022 $4,039 $326,000 $117,300 $208,700
2021 $3,414 $292,600 $107,400 $185,200
2020 $3,394 $279,100 $96,100 $183,000
2019 $3,146 $254,300 $96,100 $158,200
2018 $3,284 $249,300 $98,500 $150,800
2017 $3,333 $243,700 $109,700 $134,000
2016 $3,352 $240,400 $114,900 $125,500
2014 $3,349 $249,300 $119,100 $130,200
2013 $3,124 $237,600 $105,500 $132,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR497957

Northwest Indiana Association of REALTORS®

APN: 45-17-33-100-001.000-044