NOT LISTED FOR SALE

Estimated Value: $241,000 - $457,000

4.75 Acres
$80,944 Price per Acre
206,910 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $144,000 $111 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,418/month

105 Days on Market

Highlights

  • 4.75 Acre Lot
  • No HOA
  • Dining Area
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Lot

As of June 2015

Nice 3 bedroom ranch with some finish in basement. needs some floor work but in good condition. Great small acreage near Lake Aquabi. Sold AS-IS Case # 161-274465. Offered the first 15 days to owner occupant, non profit and government agencies only. After the initial period if not sold home will be available to investor purchasers. All inspections are for buyer knowledge only. Review the Property Condition report on line. Managed by MMREM.

Last Agent to Sell the Property

Brent Kelso

Silverado Realty Listed on: 03/17/2015

Last Buyer's Agent

Terry Pauling

ITown Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1983

Lot Details

  • 4.75 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31000160866

Property Details

Property Type

Land

Est. Annual Taxes

$2,512

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 120.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 111.00
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1008
  • Sq Ft Fin Bsmt: 600
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 1296
  • Total Sq Ft: 1296

Exterior Features

  • Exterior: Frame
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Septic
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Indianola

Lot Info

  • Acres: 4.7500
  • Lot S F: 206910
  • Assessor Parcel Number: 31000160866
  • Zoning: R

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2512.00
  • Net Taxes: 2366.00
  • Assessor Parcel Number: 9559WNIXONSTWARRENINDIANOL50125
  • Tax Year: 2013

MLS Schools

  • School District: Indianola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2018
Sold by
Clevenger Kelly and Clevenger Diane
Bought by
Hobbs Michael and Hobbs Bernadine
Current Estimated Value
$384,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jun 29, 2015
Sold by
Secretary Of Hud
Bought by
Hobbs Michael J and Hobbs Bernadine J
Seller's Agent
Brent Kelso
Silverado Realty
Buyer's Agent
Terry Pauling
ITown Real Estate, LLC
List Price
$176,000
Sold Price
$144,000
Premium/Discount to List
-$32,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$200,000
Interest Rate
3.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 2013
Sold by
Barnes Christopher Kelley
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 12, 2010
Sold by
Barnes Lora L
Bought by
Barnes Christopher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,952
Interest Rate
5.12%
Mortgage Type
FHA
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
Hobbs Michael $9,000 None Available
Hobbs Michael J -- None Available
Wells Fargo Bank Na $67,911 None Available
Barnes Christopher K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Michael $518,791
Closed Hobbs Michael J $510,000
Closed Hobbs Michael J $360,000
Closed Hobbs Michael J $85,000
Previous Owner Hobbs Michael J $262,000
Previous Owner Hobbs Michael John $238,000
Previous Owner Hobbs Michael J $200,000
Previous Owner Barnes Christopher K $149,952
Previous Owner Barnes Christopher K $149,952
Previous Owner Barnes Christophe K $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $144,000 -18.2% $111 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $176,000 -- $136 / Sq Ft
Source: Des Moines Area 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 $3,920 $327,600 $55,700 $271,900
2023 $3,530 $295,100 $55,700 $239,400
2022 $3,500 $233,100 $54,600 $178,500
2021 $3,556 $233,100 $54,600 $178,500
2020 $3,556 $219,800 $54,600 $165,200
2019 $3,234 $219,800 $54,600 $165,200
2018 $3,306 $0 $0 $0
2017 $2,860 $0 $0 $0
2016 $2,030 $119,500 $0 $0
2015 $2,030 $0 $0 $0
2014 $930 $153,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 450466

Des Moines Area Association of REALTORS®

APN: 31000160866