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(SOLD) $63,000
5611 E MineralKoleen Road Bloomfield, IN 47424
- 21.00 Acres
Property Description for 5611 E MineralKoleen Road Bloomfield, IN 47424
This parcel consists of approximately 21 wooded acres with road frontage on Mineral-Koleen Road, 7 miles southeast of Bloomfield, Indiana, and just north of the home at 5615 E. Mineral-Koleen Rd. The road frontage provides direct access to potential home building sites. This parcel joins the 5 acres with the house on its south and the 80 acres on its north. Approximately 15 acres of this parcel has been registered as a Classified Forest. This designation greatly reduces real estate taxes. The total real estate tax due in 2024 is $66. Since 1985 this forest has been managed for timber production. Between 1993 and 2014 this forest has returned over $168,000 to the owner through timber sales. This parcel currently has approximately $10,000 net-to-owner of marketable timber, which should appreciate with time and management. Whitetail deer, turkeys, grey squirrels, racoons, rabbits and more inhabit this area, offering wildlife watching and hunting opportunities. An adjoining 80-acre parcel with road frontage, and a 4 BR/2 BA home on 5 acres are also being offered. If the buyer of the 80 acres is not an adjoining landowner, or the buyer of this parcel, there will be a 15' wide easement created parallel to the west line of this parcel for ingress to the 80-acre parcel.
Address:5611 E MineralKoleen Road Bloomfield IN 47424
Status:Sold
Sold On: 8/30/2024
Price:$70,000
Bathrooms:0
Lot Size:21.00
County: Greene County
Township: Taylor
School System : Bloomfield School District
MLS #:202420243
Property Type:Residential Land
Lot Dimensions:1295' x 1000'
Directions:On Hwy 231 at the south edge of Bloomfield, turn east onto Furnace Rd. Go 1.8 miles to T and turn right onto Mineral-Koleen Rd. Go 5 miles. The property is just north of the home at 5615 E. Mineral-Koleen Rd.
Semi-Annual Property Tax:$033
Tax Year:2025
Mandatory HOA Fee:$
School System:Bloomfield School District
High School:Bloomfield
Middle School:Bloomfield
Elementary School:Bloomfield
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
Listing provided courtesy of John Wells with Wells Auction & Realty
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Bloomfield Market Report
153
Avg. DOM
$158.11
Avg. $ / Sq.Ft.
$ 259,950
Med. List Price
The house prices in Bloomfield are not dropping at the moment. There has been a increase in price of $161,450.00. 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 Bloomfield are going Up. The average house price is $250,000.00 and the average price per square feet is $152.81 per square feet. At the moment, the amount of homes listed is exactly 114 houses, with 25 with active status, 9 with pending status and 80 sold in Bloomfield .
The most popular place to buy a home in Bloomfield is GREENE COUNTY. GREENE COUNTY 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 Bloomfield .
The average amount of property taxes you would have to pay for a home in Bloomfield is $1,426.92. 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 Bloomfield are staying listed for an average of 67 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 Bloomfield was 3829 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Bloomfield is $849,000.00. 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 Bloomfield is $65,000.00 . 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 Bloomfield in year 1868 and the newest built house is in year 2022.
The average size of properties in Bloomfield is 2173.48 sq.ft. , the biggest one being 4960 sq.ft. and the smaller being 640 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.