NOT LISTED FOR SALE

9877 Gerig Rd Leo-Cedarville, IN 46765

Estimated Value: $65,000 - $290,000

0.43 Acre
$287,323 Price per Acre
18,731 Sq Ft Lot

Last Sold September 02, 2022

Last sale price $60,000

Est. 106% increase in value since last sale

Current estimated payment $686/month

About This Lot

As of September 2022

FSBO entered for comp purposes only.

Last Agent to Sell the Property

UPSTAR NonMember

Non-Member Office Listed on: 09/02/2022

Last Buyer's Agent

Stacy Dailey

North Eastern Group Realty

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $654

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 105x135
  • Private Streets
  • Finished Lot(s)

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Listing and Financial Details

  • Assessor Parcel Number 02-03-21-476-011.000-082

Property Details

Property Type

Land

Est. Annual Taxes

$654

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: GERIG GARDENS LOT 1 (F/K/A .875 AC TR 439.22 FT W OF INTER GERIG RD & LEO RD C/L)
  • Parcel Number ID: 02-03-21-476-011.000-082
  • Platted: Yes
  • Road Access: Private
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: Level
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Road Frontage: City

Schools

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

Lot Info

  • Lot Dimensions: 105x135
  • Estimated Lot Sq Ft: 18818
  • Estimated Lot Size Acres: 0.43
  • Lot Number: 1
  • Easements: Yes

Tax Info

  • Annual Taxes: 654

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Sep 2, 2022
Sold by
Graber Inc
Bought by
Austin Melissa A
Seller's Agent
UPSTAR NonMember
Non-Member Office
Buyer's Agent
Stacy Dailey
North Eastern Group Realty
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$123,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,549
Avg. Annual Appreciation
26.43%

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 14, 2018
Sold by
Worman Dennis W and Worman Kathleen A
Bought by
Graber Inc
Seller's Agent
Denny Worman
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
List Price
$34,900
Sold Price
$35,000
Premium/Discount to List
$100
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$26,250
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2016
Sold by
Worman Dennis W and Worman Kathleen A
Bought by
Worman Joshua W

Purchase Details

Closed on
Feb 25, 2013
Sold by
Worman Rex W and Worman Joseph W
Bought by
Worman Dennis W and Worman Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2003
Sold by
Primacy Closing Corp
Bought by
Worman Rex W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Austin Melissa A -- None Listed On Document
Graber Inc -- Centurion Land Title Inc
Worman Joshua W -- Centurion Land Title Inc
Worman Dennis W -- Renaissance Title
Worman Rex W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graber Inc $26,250
Previous Owner Worman Dennis W $52,000
Previous Owner Worman Rex W $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $60,000 0.0% --
09/02/2022 09/02/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $60,000 +71.4% --
12/14/2018 12/14/18 Sold $35,000 +0.3% --
11/04/2018 11/04/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $34,900 -- --
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 $372 $43,900 $43,900 --
2022 $372 $37,200 $37,200 $0
2021 $654 $37,200 $37,200 $0
2020 $9 $500 $500 $0
2019 $185 $10,100 $10,100 $0
2018 $140 $7,300 $7,300 $0
2017 $144 $7,300 $7,300 $0
2016 $144 $7,300 $7,300 $0
2014 $143 $7,300 $7,300 $0
2013 $147 $7,300 $7,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202236948

Indiana Regional MLS

APN: 02-03-21-476-011.000-082