NOT LISTED FOR SALE

86 Cedar Ln Cicero, IN 46034

Estimated Value: $1,116,000 - $1,510,780

4.1 Acres
$335,962 Price per Acre
178,596 Sq Ft Lot

Last Sold April 12, 2019

Last sale price $215,000

Est. 541% increase in value since last sale

Current estimated payment $7,535/month

164 Days on Market

About This Lot

As of April 2019

Tired of looking at Morse lakefront homes that need too much work? Consider building your custom dream home on this 4 acre waterfront lot on Morse! 1+ acre of buildable wooded land w/almost 400' of water frontage! Dense wooded lot allows for you to plan your dream estate w/woods OR clear the trees and have a panoramic lake view! Don't cross this one off your list due to power lines! The power lines are NOT visible from the buildable section of the lot and provide a private boundary of the property! Skip the fixer upper and build your lakefront dream home!

Last Agent to Sell the Property

Andy Sheets

Compass Indiana, LLC License #RB14042313 Listed on: 09/14/2018

Compass Indiana, LLC

Last Buyer's Agent

Robin Page

Highgarden Real Estate

Highgarden Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,880

Lot Details

  • 4.1

Additional Features

  • 4.1 Acre Lot
  • Septic Needed

Community Details

  • Forest Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290611302007000008

Property Details

Property Type

Land

Est. Annual Taxes

$1,880

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2017
  • Lot Size Acres: 4.1
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: FOREST BAY
  • Inspection Warranties: Not Applicable
  • Property Description: Tired of looking at Morse lakefront homes that need too much work? Consider building your custom dream home on this 4 acre waterfront lot on Morse! 1+ acre of buildable wooded land w/almost 400' of water frontage! Dense wooded lot allows for you to plan your dream estate w/woods OR clear the trees and have a panoramic lake view! Don't cross this one off your list due to power lines! The power lines are NOT visible from the buildable section of the lot and provide a private boundary of the property! Skip the fixer upper and build your lakefront dream home!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

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

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 299900
  • Other Structures: Shed(s)
  • Topography: Sloping,Wooded
  • Road Access: CityStreet
  • Water: Well Required

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Lot Info

  • Development Status: Not Applicable
  • Number Of Lots: 1
  • Parcel Number: 290611302007000008
  • Zoning: Residential
  • Acres: 3-5 Acres
  • Lot Number: 86
  • Lot Size: 178,596
  • Improvements: NotApplic
  • Land Characteristics: Cul-de-Sac,Dock Owned,Lake Front,Reservoir,Water View,Wooded
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 73146
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 1880
  • Semi Annual Property Tax Amt: 940
  • 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
Aug 7, 2023
Sold by
Drees Homes
Bought by
Cooper Christina and Cooper Evan
Current Estimated Value
$1,377,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,063,900
Outstanding Balance
$1,035,154
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$342,291

Purchase Details

Closed on
Oct 24, 2022
Sold by
Cooper Evan and Cooper Christina
Bought by
Drees Premier Homes Inc

Purchase Details

Listed on
Sep 14, 2018
Closed on
Apr 11, 2019
Sold by
Weirich Teresa K and Weirich Matthew W
Bought by
Cooper Evan and Cooper Christina
Seller's Agent
Andy Sheets
Compass Indiana, LLC
Buyer's Agent
Robin Page
Highgarden Real Estate
List Price
$299,900
Sold Price
$215,000
Premium/Discount to List
-$84,900
-28.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.13%
Original Mortgage
$172,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 2, 2016
Closed on
Jan 31, 2017
Sold by
Buck Thomas Joseph and Gardner Buck Catharine Marie
Bought by
Weirich Teresa K and Weirich Matthew W
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
Philip Millage
Dropped Members
List Price
$224,000
Sold Price
$115,000
Premium/Discount to List
-$109,000
-48.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.07%
Original Mortgage
$86,250
Interest Rate
4.3%
Mortgage Type
Commercial
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
Cooper Christina $1,418,656 First American Title
Drees Premier Homes Inc $215,000 --
Cooper Evan -- Meridian Title
Weirich Teresa K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Christina $1,063,900
Previous Owner Cooper Evan $172,000
Previous Owner Weirich Teresa K $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold $215,000 -28.3% --
02/26/2019 02/26/19 Pending -- -- --
09/14/2018 09/14/18 For Sale $299,900 +160.8% --
01/31/2017 01/31/17 Sold $115,000 0.0% -- View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
12/27/2016 12/27/16 Off Market $115,000 -- --
07/29/2016 07/29/16 Price Changed $150,000 -23.1% --
06/07/2016 06/07/16 Price Changed $195,000 -12.9% --
05/02/2016 05/02/16 For Sale $224,000 -- --
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 $2,782 $1,089,100 $217,300 $871,800
2023 $2,782 $217,300 $217,300 $0
2022 $3,577 $217,300 $217,300 $0
2021 $3,650 $217,300 $217,300 $0
2020 $3,551 $217,300 $217,300 $0
2019 $3,283 $203,000 $203,000 $0
2018 $3,350 $203,000 $203,000 $0
2017 $1,881 $203,000 $203,000 $0
2016 $3,304 $203,000 $203,000 $0
2014 $3,094 $184,300 $184,300 $0
2013 $3,094 $193,400 $193,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21595612

MIBOR Broker Listing Cooperative®

APN: 29-06-11-302-007.000-008