NOT LISTED FOR SALE

Estimated Value: $462,000 - $600,000

0.32 Acre
$1,570,091 Price per Acre
13,939 Sq Ft Lot

Last Sold March 15, 2017

Last sale price $57,855

Est. 768% increase in value since last sale

Current estimated payment $3,159/month

801 Days on Market

About This Lot

As of March 2017

Cul-de-sac, Wooded, 1800 SQ. FT. MINIMUM RANCH - 2100 SQ. FT. MINIMUM 2 STORY

Last Agent to Sell the Property

Michael Thomas

Mike Thomas Assoc., Inc Listed on: 10/23/2014

Mike Thomas Assoc., Inc

Last Buyer's Agent

NCIAR NonMember

NonMember NCIAR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,202

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 93x148x88x145
  • Finished Lot(s)

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Heating System Uses Gas

Community Details

  • The Fountain At Covington Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,202

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: The Fountains of Covington, Section 1, Lot 92 |
  • Location: Subdivision
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 1
  • Sp Lp Percent: 99.92
  • State Id: ----.-
  • Parcel Description: Corner, Cul-De-Sac, Level, Partially Wooded
  • Restrictions: Sidewalk Required
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Road Frontage: City

Utilities

  • Water Utilities: Public
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 250
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Dimensions: 93X148X88X145
  • Estimated Lot Sq Ft: 14200
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 92

Tax Info

  • Annual Taxes: 15.68

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Alan Franke Bruce
Bought by
Baker Mary K Peters
Current Estimated Value
$502,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Majestic Inc
Bought by
Alan Franke Bruce

Purchase Details

Closed on
Sep 17, 2017
Sold by
Majestic Custom Homes Of Lafauyette Inc
Bought by
Franke Bruce Alan and Baker Mary K Peters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2017
Sold by
Franke Bruce A and Peters Baker Mary Kathryn
Bought by
Majestic Custom Homes Of Lafayette Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 15, 2017
Sold by
3030 Llc
Bought by
Franke Bruce A and Peters Baker Mary Kathryn
Seller's Agent
Michael Thomas
Mike Thomas Assoc., Inc
Buyer's Agent
NCIAR NonMember
NonMember NCIAR
List Price
$57,900
Sold Price
$57,855
Premium/Discount to List
-$45
-0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.47%
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
Baker Mary K Peters -- None Listed On Document
Alan Franke Bruce $284,000 --
Franke Bruce Alan -- Metropolitan Title Of In
Majestic Custom Homes Of Lafayette Inc -- Metropolitan Title Of In
Franke Bruce A -- Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Mary K Peters $125,000
Previous Owner Franke Bruce Alan $181,450
Previous Owner Majestic Custom Homes Of Lafayette Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $57,855 -0.1% --
01/01/2017 01/01/17 Pending -- -- --
10/23/2014 10/23/14 For Sale $57,900 -- --
Source: Indiana Regional MLS

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 $4,202 $430,700 $71,300 $359,400
2022 $3,931 $362,600 $52,000 $310,600
2021 $3,427 $326,000 $52,000 $274,000
2020 $3,186 $302,300 $52,000 $250,300
2019 $3,131 $296,200 $52,000 $244,200
2018 $3,007 $284,000 $52,000 $232,000
2017 $29 $500 $500 $0
2016 $21 $500 $500 $0
2014 $16 $500 $500 $0
2013 $16 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201446886

Indiana Regional MLS

APN: 02-11-11-427-033.000-075