NOT LISTED FOR SALE

9820 Garman Rd Leo, IN 46765

Estimated Value: $374,000 - $698,043

2.5 Acres
$231,004 Price per Acre
108,900 Sq Ft Lot

Last Sold February 26, 2015

Last sale price $66,000 $29 Per Sq Ft

Est. 775% increase in value since last sale

Current estimated payment $3,542/month

81 Days on Market

About This Lot

As of February 2015

WOODED LOT, BEAUTIFUL BUILDING SITE, CLOSE TO CEDAR CREEK GOLF COURSE, LEO HIGH SCHOOL, WELL & SEPTIC @ BUYERS EXPENSE. RESTRICTIVE COVENANTS WILL INCLUDE MINIMUN 1800 SQ FT RANCH OR 2200 SQ FT 2 STORY, 3 CAR GARAGE. 200' SETBACK ON N LINE AND 40FT SETBACK FROM E BOUNDARY. NATURAL GAS LINE AVAILABLE. OUTBUILDING PERMITTED, SELLER TO OK ALL PLANS.

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 10/28/2014

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jake Wiederkehr

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $595

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 267x492x266x486
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Heating System Uses Gas
  • Gas Available
  • Well Required
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-04-400-021.001-042

Property Details

Property Type

Land

Est. Annual Taxes

$595

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: FRL N 492 FT OF W 266.78 OF E 888.79 FT SE 1/4 SE 1/4 SEC 4 |
  • Parcel Number ID: 02-03-04-400-021.001-042
  • Platted: Yes
  • Road Surface: Asphalt
  • Sp Lp Percent: 94.42
  • Parcel Description: Heavily Wooded, Undeveloped
  • Type of Sale: Traditional
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Utilities

  • Water Utilities: Well Needed
  • Electricity Type: Available
  • Fuel Type: Available, Gas
  • Sewer Type: Septic

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Leo

Lot Info

  • Lot Dimensions: 267X492X266X486
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 595.44

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2004
Sold by
Zehr David L and Zehr Debra D
Bought by
Zehr Amos
Current Estimated Value
$577,511

Purchase Details

Closed on
Jun 4, 2002
Sold by
Stuckey Roy and Stuckey Loretta Jean
Bought by
Zehr David L and Zehr Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$167,767
Interest Rate
6.95%
Estimated Equity
$363,910
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
Zehr Amos -- --
Zehr David L -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zehr David L $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $66,000 -26.6% $29 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $89,900 -- $39 / Sq Ft
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 $5,764 $627,600 $164,200 $463,400
2023 $5,757 $553,300 $142,100 $411,200
2022 $5,703 $562,600 $142,200 $420,400
2021 $5,471 $498,700 $142,200 $356,500
2020 $5,468 $484,500 $142,200 $342,300
2019 $4,675 $458,300 $142,200 $316,100
2018 $4,555 $430,800 $124,300 $306,500
2017 $4,593 $412,500 $124,300 $288,200
2016 $4,428 $395,400 $124,300 $271,100
2014 $4,179 $377,500 $124,300 $253,200
2013 $4,442 $388,100 $130,400 $257,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201447632

Indiana Regional MLS

APN: 02-03-04-400-020.000-042