NOT LISTED FOR SALE

8377 W 700 S Redkey, IN 47373

Estimated Value: $60,000 - $94,000

0.76 Acre
$110,889 Price per Acre
33,106 Sq Ft Lot

Last Sold August 18, 2024

Last sale price $17,750 $12 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $491/month

187 Days on Market

About This Lot

As of August 2024

Introducing an extraordinary opportunity in Redkey, Indiana! Nestled at 8377 W 700 S, this 0.79-acre parcel in the heart of Jay County, waiting for the right touch to unlock its possibilities. This this parcel comes with a charming old farmhouse, steeped in history and waiting to be revitalized. Picture yourself breathing new life into its weathered walls, restoring its former glory, and transforming it into a cozy country retreat or a stunning bed-and-breakfast. Surrounded by mature trees, the landscape offers a serene and picturesque backdrop, perfect for creating your own slice of rural paradise. Imagine waking up to the gentle rustle of leaves and the sweet scent of wildflowers, all just steps from your front door. Strategically positioned in Jay County, this property seamlessly blends rustic charm with modern convenience, offering a lifestyle opportunity like no other. With the right vision, this could be the canvas for your dream home or a lucrative venture. Seize the opportunity to breathe new life into this historic farmhouse and craft a haven amidst the scenic beauty that surrounds it. Whether you're dreaming of a private sanctuary for your family or an enchanting retreat for guests, this property holds the promise of fulfilling your wildest aspirations. Don't let this chance slip away to claim ownership of this idyllic piece of land with its charming old farmhouse. Embrace the charm of rural living while enjoying the convenience of nearby amenities. Your dream property is just a step away from becoming a reality!

Last Agent to Sell the Property

Caleb Low

Mossy Oak Properties Brokerage Email: MossyoakLow@gmail.com License #RB19001496 Listed on: 01/25/2024

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Land

Year Built

  • 1890

Lot Details

  • 0.76

Schools

  • Jay County Jr/Sr High School

Additional Features

  • 0.76 Acre Lot
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number 380925100004000030
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Year Built

1890

Lot Details

0

Listing Details

  • Type: Not Applic
  • Property Sub Type: Farm
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2023
  • Lot Size Acres: 0.76
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: MossyoakLow@gmail.com
  • Attribution Contact: MossyoakLow@gmail.com
  • Special Features: None
  • Year Built: 1890

Exterior Features

  • List Price: 17900
  • Other Structures: Barn(s)
  • Topography: Level
  • Road Access: County Rd
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Development Status: Not Applicable
  • Horse Amenities: None
  • Lot Size Sq Ft: 32931
  • Parcel Number: 380925100004000030
  • Zoning: AG
  • Acres: 1/2-1 Acre
  • Land Characteristics: Not Applicable
  • Present Zoning: Agricultur
  • Price Acre: 23355
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 514
  • Tax Lot: 030
  • Semi Annual Property Tax Amt: 257

MLS Schools

  • High School: Jay County Jr/Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Aug 15, 2024
Sold by
Perpetual Motion Real Estate Investing I
Bought by
Ortega Bayron
Seller's Agent
Caleb Low
Mossy Oak Properties
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$17,900
Sold Price
$17,750
Premium/Discount to List
-$150
-0.84%
Total Days on Market
187
Views
290
Current Estimated Value
$84,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,526
Avg. Annual Appreciation
568.35%

Purchase Details

Closed on
Apr 20, 2018
Sold by
Lairson Jason E
Bought by
Perpetual Motion Re Investing

Purchase Details

Listed on
May 6, 2015
Closed on
Oct 2, 2015
Sold by
Deutsche Fr
Bought by
Lairson Jason E
Seller's Agent
Brad Taflinger
Taflinger Real Estate Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$17,500
Sold Price
$7,000
Premium/Discount to List
-$10,500
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.21%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Dwane Sheriff
Bought by
Deutsche First and Frankllin 2006-Ff16
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
Ortega Bayron $16,750 Near North Title Group
Perpetual Motion Re Investing -- --
Lairson Jason E $7,000 Sojourners
Deutsche First $17,000 Krisor & Assoc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2024 08/18/24 Sold $17,750 -0.8% $12 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $17,900 +0.8% $12 / Sq Ft
07/25/2024 07/25/24 Off Market $17,750 -- --
05/07/2024 05/07/24 Price Changed $17,900 -12.7% $12 / Sq Ft
03/14/2024 03/14/24 Price Changed $20,500 -6.4% $14 / Sq Ft
02/05/2024 02/05/24 For Sale $21,900 0.0% $15 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $21,900 +212.9% $15 / Sq Ft
01/04/2016 01/04/16 Off Market $7,000 -- --
10/02/2015 10/02/15 Sold $7,000 -60.0% $5 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $17,500 -- $12 / 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 $527 $18,700 $13,500 $5,200
2023 $527 $39,000 $13,500 $25,500
2022 $518 $38,600 $13,500 $25,100
2021 $519 $34,200 $12,400 $21,800
2020 $824 $53,600 $12,400 $41,200
2019 $708 $51,400 $12,400 $39,000
2018 $175 $51,400 $12,400 $39,000
2017 $196 $49,600 $12,000 $37,600
2016 $152 $49,600 $12,000 $37,600
2014 $127 $50,100 $12,000 $38,100
2013 $127 $44,000 $12,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21961141

MIBOR Broker Listing Cooperative®

APN: 38-09-25-100-004.000-030