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(SOLD) $105,000

  • 6.00 Acres

Property Description for 9075 N 800 E Morristown, IN 46161

Oh the possibilities this 6 acre lot offers!! Know to locals as "Hub Cap Corner". The concrete slab was once a family home. There is a well (located 100 ft west of the concrete) present on the property but the condition is unknown. The electric is available at the pole for easy access. Current owner planned on opening a small business but has decided on another location. He did have the perk test completed (see attached septic approval). A variance was approved by the county (On February 13th, 2024, the Shelby County Board of Zoning Appeals approved variance petition BZA 24-04, pertaining to property located at 9075 N 800 E, Morristown, Hanover Township. The approval allows for an outdoor living, garden, and farm supplies retail establishment, including outdoor storage of product, in the A1 (Conservation Agricultural) District and for a commercial ground sign in the A1 District.) (See attached approval letter). You are welcome to walk the property but you are accessing at your own risk. Buyer to do their due diligence for whatever purpose they would intend to use the property for before making an offer.
QuickBuy option for home selling

Address:9075 N 800 E Morristown IN 46161
Status:Sold
Sold On: 10/30/2024
Price:$120,000
Bathrooms:0
Lot Size:6.00
County: Shelby
Township: Hanover
MLS #:21996626
Property Type:Farm

Lot Dimensions:261360
Road Frontage:Highway
Road Access:County Rd
Road Surface:Asphalt
Lot Features:Corner Lot
Zoning:Conservative Agriculture
Water Source:No Water
Directions:GPS Friendly

Loan Price
$665
Price And Interest $548/month
Property Tax $73/month
MTG INS $0/month
HOME INS $44/month
Price
$105,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$73/month
Home Owner Insurance
$528 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$435
Tax Year:2023
Mandatory HOA Fee:$

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

High School:Morristown Jr-Sr High School
Elementary School:Morristown Elementary School

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 Nadine Coombs with Listing Leaders North Central from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 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

189
Avg. DOM
$178.36
Avg. $ / Sq.Ft.
$ 399,000
Med. List Price

The house prices in Morristown are indeed dropping at the moment. There has been a decrease in price of $51,275.00. 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 Down. The average house price is $399,000.00 and the average price per square feet is $178.36 per square feet. At the moment, the amount of homes listed is exactly 28 houses, with 7 with active status, 2 with pending status and 19 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 $3,378.40. 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 79 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 6567 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 $99,000.00 . 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 1880 and the newest built house is in year 2024.

The average size of properties in Morristown is 2958.43 sq.ft. , the biggest one being 6659 sq.ft. and the smaller being 1656 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.