17151-apprx Morse Street, Lowell, IN 46356

$1,100,000
Property Type: Land Lot Size (sq. ft.): 5,227,200 Status: Closed
Current Price: $1,100,000 List Date: 6/27/2016 Last Modified: 2/22/2024

Overview

Description

120 acres in the path of progress at the corner of 171st and Morse. Seller has a tentative plan layout for single family, multi family and a commercial site at the corner. A portion of the plan has been full engineered and approved., but has expired. this property is listed at over 1/2 million below last appraisal.

Listing Details MLS# 396604

General Property Information

Lot Size Acres
120
Lot Size Square Feet
5227200
Lot Size Dimensions
120 +/- acres
List Price/Acre
10416.67
Sold Price/Acre
9166.67

Property Features

Current Use: Other Lease Type: Net Lot Features: Open Lot; Wetlands; Wooded Other Structures: None Possible Use: Multi-Family; Residential; Retail Road Frontage Type: City Street; County Road Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available

Contract Information

Auction YN
No
Original List Price
1250000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
17151-apprx
Street Name
Morse
Street Suffix
Street
County
Lake
State
IN
Postal Code
46356
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
120 acres in the path of progress at the corner of 171st and Morse. Seller has a tentative plan layout for single family, multi family and a commercial site at the corner. A portion of the plan has been full engineered and approved., but has expired. this property is listed at over 1/2 million below last appraisal.

Status Change Information

Major Change Timestamp
2022-05-21T03:52:45Z
Major Change Type
Status Change
Status Change Timestamp
2022-05-20
Offer Acceptance Date
2021-11-21
Close Date
2022-05-20
Close Price
1100000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Vacant land

Historical Information

Public Historical Remarks
Office File Number: JL-1055, No Septic Tank: No, No Well: No

Location, Tax, and Legal

School District
Tri-Creek
Tax Annual Amount
5542
Tax Year
2014
Tax Assessed Value
0
Tax Legal Description
Legal Description: SW NE S.14 T.33 R.9 40 AC.- Full legal in office
Parcel Number
451914200011000008
Township
Cedar Creek
Directions
Morse St. to 171st, just north of SACO on east side of Morse and north side of 171st.

Lot Features

Open Lot
Yes
Wetlands
Yes
Wooded
Yes

Other Structures

None
Yes

Road Frontage Type

City Street
Yes
County Road
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes

Current Use

Other
Yes

Possible Use

Multi-Family
Yes
Residential
Yes
Retail
Yes
Listing Office: Langen Realty
Last Updated: February - 22 - 2024
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