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(SOLD) $425,000

575 200 N 25 Acres Montgomery, IN  47558

  • 25.00 Acres

Property Description for 575 200 N 25 Acres Montgomery, IN 47558

It is very rare for a Farm/Recreational/Building property like this to become available in the Montgomery Indiana area ! This 25 Acre property is currently an income producing farm with an approximately 3.8 acre stocked lake on a paved road that gives you immediate return on your investment as well as a fantastic recreational property. Would be a great location for multiple family homes all with access to a beautiful lake and just minutes from Barr-Reeve Schools. Property can also be divided into separate parcels.

Address:575 200 N 25 Acres Montgomery IN 47558
Status:Sold
Sold On: 8/28/2024
Price:$449,000
Bathrooms:0
Lot Size:25.00
County: Daviess County
Township: Barr
School System : Barr-Reeve Community
MLS #:202401496
Property Type:Agricultural Land

Lot Dimensions:Approx 1300' X 650 '
Directions:From Hwy 50 in Montgomery, Go north on CR 650 E, Turn left ( West ) on 200 N, travel approx 3/4 mile and property starts at SW side of intersection of 200 N & 575 E.

Loan Price
$2,444
Price And Interest $2,217/month
Property Tax $50/month
MTG INS $0/month
HOME INS $177/month
Price
$425,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$50/month
Home Owner Insurance
$2,124 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$299
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47558

School System:Barr-Reeve Community
High School:Barr Reeve
Middle School:Barr Reeve
Elementary School:Barr Reeve

Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Listing provided courtesy of Chris Craig with Home & Harvest Properties LLC

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.





Montgomery Market Report

95
Avg. DOM
$200.44
Avg. $ / Sq.Ft.
$ 360,450
Med. List Price

The house prices in Montgomery are indeed dropping at the moment. There has been a decrease in price of $315,000.00. 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 Montgomery are going Down. The average house price is $285,000.00 and the average price per square feet is $258.15 per square feet. At the moment, the amount of homes listed is exactly 13 houses, with 1 with active status, 3 with pending status and 9 sold in Montgomery .

The most popular place to buy a home in Montgomery is . 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 Montgomery .

The average amount of property taxes you would have to pay for a home in Montgomery is $664.80. 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 Montgomery are staying listed for an average of 73 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 Montgomery was 180830 minutes ago.

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

The cost of the most expensive home in Montgomery is $285,000.00. 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 Montgomery is $285,000.00 . 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 Montgomery in year 1954 and the newest built house is in year 1954.

The average size of properties in Montgomery is 1104 sq.ft. , the biggest one being 1104 sq.ft. and the smaller being 1104 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.