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

Living Area Source
Assessor
Year Built
9999
Lot Size Acres
146.3
Lot Size Square Feet
6372828
Basement YN
No
Builder Name
NO IMPROVEMENTS
Bathrooms Half
0
Bathrooms Three Quarter
0
Rooms Total
0
Above Grade Finished Area
0
Below Grade Finished Area
0
Garage Spaces
0

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
Yes
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
Wooded Area
0

Showing Requirements

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

Historical Information

Public Historical Remarks
Year built: 9999

Location, Tax, and Legal

Postal Code +4
9536
Tax Annual Amount
2292
Tax Legal Description
Legal Description: PT SW1/4 LY'G S. OF BELSHAW ROAD S.30 T.33 R.8 73.275AC
Parcel Number
452030300011000007
Directions
From Hwy 2 turn South on Clark St to intersection of Belshaw Rd & Clark St. Property is on SE corner of intersection with frontage on both Belshaw & Clark.
Cross Street
Clark St

Community Features

None
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Lock Box Information

Lock Box Serial Number
No

Lot Features

Rolling Slope
Yes

Other Structures

None
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes
Listing Office: Wille Stiener & Brust, Inc.
Last Updated: June - 19 - 2024
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