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(SOLD) $498,600

2600 E Freeport Road Morristown, IN  46161

  • 32.00 Acres

Property Description for 2600 E Freeport Road Morristown, IN 46161

Rural farmland of 32+ acres near the towns of Freeport and Morristown in Northern Shelby County. Current owner is splitting off 2 homebuilding lots of 2-3 acres each. Significant amount of road frontage on Freeport Road. Mature trees at back of property. Owner will consider splitting with a strong offer. Address is approximate. See our other listing for building lot at this same property on Co Rd 250 East.
QuickBuy option for home selling

Address:2600 E Freeport Road Morristown IN 46161
Status:Sold
Sold On: 9/13/2024
Price:$525,000
Bathrooms:0
Lot Size:32.00
County: Shelby
Township: Hanover
MLS #:21973790
Property Type:Farm

Lot Dimensions:1393920
Road Frontage:County Road
Road Access:County Rd
Road Surface:Asphalt
Zoning:ag and/or residential
Directions:GPS Friendly

Loan Price
$2,892
Price And Interest $2,601/month
Property Tax $83/month
MTG INS $0/month
HOME INS $208/month
Price
$498,600
Down Payment %
0 %
Down Payment
$0
Property Taxes
$83/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$500
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 7303 - Shelby - Hanover
Subdivision: No Subdivision
Zip Code:46161

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Randall Schwier with Schwier & Co from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/14/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Morristown Market Report

203
Avg. DOM
$158.23
Avg. $ / Sq.Ft.
$ 363,450
Med. List Price

The house prices in Morristown are not dropping at the moment. There has been a increase in price of $76,275.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Morristown are going Up. The average house price is $491,000.00 and the average price per square feet is $190.37 per square feet. At the moment, the amount of homes listed is exactly 24 houses, with 6 with active status, 3 with pending status and 15 sold in Morristown .

The most popular place to buy a home in Morristown is 7303 - Shelby - Hanover. 7303 - Shelby - Hanover is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Morristown .

The average amount of property taxes you would have to pay for a home in Morristown is $3,611.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Morristown are staying listed for an average of 65 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Morristown was 35761 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Morristown is $1,430,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Morristown is $299,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Morristown in year 1920 and the newest built house is in year 2024.

The average size of properties in Morristown is 3175.5 sq.ft. , the biggest one being 6659 sq.ft. and the smaller being 1872 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.