NOT LISTED FOR SALE

9888 Waters Edge Dr Elberfeld, IN 47613

Estimated Value: $495,000 - $626,000

2.5 Acres
$226,128 Price per Acre
108,900 Sq Ft Lot

Last Sold September 11, 2015

Last sale price $37,000

Est. 1,428% increase in value since last sale

Current estimated payment $3,304/month

84 Days on Market

Highlights

  • Waterfront
  • Elberfeld Elementary School Rated A-
  • Lake, Pond or Stream

About This Lot

As of September 2015

Lakefront property situated on a 30+ acre lake. Great country feel in Elberfeld's popular Waters Edge Subdivision featuring many additional lakes nearby. Lot features a rolling hill towards the lake that would make a great setting for a walk-out basement. Newer homes nearby with building restrictions. All utilities available with septic systems. Contact agent for builder information and opportunities. All roads leading to property are paved and county maintained. Plat map is online. Pole barns are allowed. Only 5 minutes to I164 and 15 minutes to Green River Rd.

Last Agent to Sell the Property

Phillip Brundage

F.C. TUCKER EMGE Listed on: 05/26/2015

Last Buyer's Agent

Sharon McIntosh

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $401

Lot Details

  • 2.5 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Finished Lot(s)

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Elberfeld Elementary School
  • Tecumseh Middle School
  • Tecumseh High School

Utilities

  • Gas Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 87-08-16-302-037.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$401

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 37 Waters Edge Subdivision Phase II |
  • Parcel Number ID: 87-08-16-302-037.000-006
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 92.5
  • Parcel Description: Lake, Partially Wooded, Slope, Waterfront
  • Restrictions: Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Side Of Road: North
  • Type Use: Residential
  • Year Taxes Payable: 2014
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Septic

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Elberfeld
  • Middle School: Tecumseh Middle School
  • High School: Tecumseh
  • Elementary School: Elberfeld

Lot Info

  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5
  • Easements: Yes

Tax Info

  • Annual Taxes: 400.76

MLS Schools

  • High School: Tecumseh
  • Middle School: Tecumseh Middle School
  • School District: Warrick County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2019
Sold by
Gutscher Michael David
Bought by
Gutscher Michael David and Gutscher Kayla Anne
Current Estimated Value
$565,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$196,260
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,059

Purchase Details

Listed on
May 26, 2015
Closed on
Sep 10, 2015
Sold by
Powell Eric W
Bought by
Gutscher Michael David
Seller's Agent
Phillip Brundage
F.C. TUCKER EMGE
Buyer's Agent
Sharon McIntosh
F.C. TUCKER EMGE
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.06%
Original Mortgage
$29,600
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Gutscher Michael David -- Foreman Watson Land Title
Gutscher Michael David -- Regional Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutscher Michael David $225,000
Closed Gutscher Michael David $29,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $37,000 -7.5% --
08/18/2015 08/18/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $40,000 -- --
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 $3,537 $514,300 $97,100 $417,200
2023 $3,635 $504,500 $72,800 $431,700
2022 $3,893 $472,000 $80,900 $391,100
2021 $3,626 $412,500 $75,600 $336,900
2020 $3,505 $380,400 $51,500 $328,900
2019 $1,934 $221,600 $50,000 $171,600
2018 $2,560 $300,200 $50,000 $250,200
2017 $2,259 $273,900 $44,100 $229,800
2016 $578 $44,100 $44,100 $0
2014 $413 $29,300 $29,300 $0
2013 $401 $29,300 $29,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201523883

Indiana Regional MLS

APN: 87-08-16-302-037.000-006