NOT LISTED FOR SALE

9899 Waters Edge Dr Elberfeld, IN 47613

Estimated Value: $304,000 - $499,000

2.5 Acres
$154,754 Price per Acre
108,900 Sq Ft Lot

Last Sold September 13, 2023

Last sale price $45,000

Est. 760% increase in value since last sale

Current estimated payment $2,183/month

196 Days on Market

About This Lot

As of September 2023

Looking for a country setting to build your custom home located in the popular Waters Edge Subdivision near the Bluegrass Wildlife and Fishing Area? This 2.5 acre lot is located off Zoar Church Road and is 10 minutes from Evansville's Eastside businesses, restaurants and shopping. Pole Barns allowed. Water and electric are available with a septic system. This is one of the last lots available!

Last Agent to Sell the Property

Jodi Fehrenbacher

F.C. TUCKER EMGE Listed on: 02/16/2023

F.C. TUCKER EMGE

Last Buyer's Agent

Jodi Fehrenbacher

F.C. TUCKER EMGE Listed on: 02/16/2023

F.C. TUCKER EMGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $559

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 180x640
  • Property fronts a county road
  • Finished Lot(s)

Schools

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

Utilities

  • Septic System

Community Details

  • Waters Edge / Watersedge Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 87-08-16-302-055.000-006

Property Details

Property Type

Land

Est. Annual Taxes

$559

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Lot 55 Water's Edge Sub Sec II EXCEPT ALL COAL, OIL, GAS & OTHER MINERALS
  • Parcel Number ID: 87-08-16-302-055.000-006
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 90
  • Parcel Description: Level
  • Restrictions: Building Restrictions
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Year Taxes Payable: 2023
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Electricity 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: 180x640
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 36

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
Apr 22, 2024
Sold by
Spm Development Llc
Bought by
Houchin Sayer Christopher and Houchin Ali Christine
Current Estimated Value
$386,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,828
Outstanding Balance
$354,996
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$29,492

Purchase Details

Listed on
Feb 16, 2023
Closed on
Sep 13, 2023
Sold by
Paradise Villa Homes Llc
Bought by
Spm Development Llc
Seller's Agent
Jodi Fehrenbacher
F.C. TUCKER EMGE
Buyer's Agent
Jodi Fehrenbacher
F.C. TUCKER EMGE
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%
Views
219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
222.93%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Lake Group Inc
Bought by
Paradise Villa Homes Llc
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
Houchin Sayer Christopher $377,714 None Listed On Document
Spm Development Llc $45,000 None Listed On Document
Paradise Villa Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houchin Sayer Christopher $358,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $45,000 -10.0% --
08/31/2023 08/31/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $50,000 -23.1% --
07/04/2023 07/04/23 For Sale $65,000 0.0% --
06/15/2023 06/15/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $65,000 -13.3% --
03/15/2023 03/15/23 Price Changed $75,000 -11.8% --
02/16/2023 02/16/23 For Sale $85,000 -- --
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 $559 $123,900 $97,100 $26,800
2023 $15 $1,200 $1,200 $0
2022 $16 $1,200 $1,200 $0
2021 $17 $1,200 $1,200 $0
2020 $18 $1,200 $1,200 $0
2019 $18 $1,200 $1,200 $0
2018 $17 $1,200 $1,200 $0
2017 $17 $1,200 $1,200 $0
2016 $17 $1,200 $1,200 $0
2014 $17 $1,200 $1,200 $0
2013 $16 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202304462

Indiana Regional MLS

APN: 87-08-16-302-055.000-006