4403 Belshaw Road, Lowell, IN 46356

$1,861,657
Property Type: Farm Lot Size (sq. ft.): 6,372,828 Status: Closed
Current Price: $1,861,657 List Date: 6/13/2022 Last Modified: 6/19/2024

Overview

Description

Subject property of 146.3 acres (+/-) consists of 2 parcels of approx 73 acres each. Property is historically farmed with rolling topography less than 1 mile S of Hwy 2 and Lowell HS with combined frontage in excess of 4300' on Belshaw Rd & Clark St. Low ag taxes ($2,292 2021 payable 2022) and cash rent from farm lease. Property is approx 1,000' outside of Lowell Town Limits which make this an attractive investment long term with residential development potential. Property is adjacent and South of Buckley Homestead Park with Lake Co Parks & Recreation owning 370 acres (+/-). Subject to 2022 crop rights. See attached soil map, topography, plat map and GIS information. Other than a 2.75 acre parcel on Belshaw Rd the property has road frontage along the North and West property lines.

Listing Details MLS# 513964

General Property Information

New Construction YN
No
Living Area Source
Assessor
Year Built
9999
Garage YN
No
Lot Size Acres
146.3
Lot Size Square Feet
6372828
Waterfront YN
No
Basement YN
No
Builder Name
NO IMPROVEMENTS

Property Features

Community Features: None Lease Type: Net Listing Terms: Cash; Conventional; Other Lot Features: Rolling Slope Other Structures: None Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: County Road Road Surface Type: Paved Utilities: Electricity Available; Natural Gas Available

Contract Information

Auction YN
No
Original List Price
2190000
Lease Considered YN
No
Property Sub Type
Farm
Listing Agreement
Exclusive Right To Sell

Location Tax and Legal

Street Number
4403
Street Name
Belshaw
Street Suffix
Road
County
Lake
State
IN
Postal Code
46356
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
Subject property of 146.3 acres (+/-) consists of 2 parcels of approx 73 acres each. Property is historically farmed with rolling topography less than 1 mile S of Hwy 2 and Lowell HS with combined frontage in excess of 4300' on Belshaw Rd & Clark St. Low ag taxes ($2,292 2021 payable 2022) and cash rent from farm lease. Property is approx 1,000' outside of Lowell Town Limits which make this an attractive investment long term with residential development potential. Property is adjacent and South of Buckley Homestead Park with Lake Co Parks & Recreation owning 370 acres (+/-). Subject to 2022 crop rights. See attached soil map, topography, plat map and GIS information. Other than a 2.75 acre parcel on Belshaw Rd the property has road frontage along the North and West property lines.

Status Change Information

Major Change Timestamp
2022-10-31T12:37:24Z
Major Change Type
Status Change
Status Change Timestamp
2022-10-31
Offer Acceptance Date
2022-06-24
Close Date
2022-10-31
Close Price
1861657
Concessions
No
Buyer Financing
Conventional

More Information

Land Details

Cultivated Area
143
Habitable Residence YN
No

Showing Requirements

Showing Instructions
Vacant land, Crops planted NO driving allowed, road frontage

Historical Information

Public Historical Remarks
Year built: 9999
Listing Office: Wille Stiener & Brust, Inc.
Last Updated: June - 19 - 2024
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