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(SOLD) $780,000

9313 Pennington North Road Mooresville, IN  46158

  • 52.15 Acres

Property Description for 9313 Pennington North Road Mooresville, IN 46158

The Jacobs Farm comprises a total of 52.147 deeded acres, with approximately 45.81 acres designated as tillable land. With a Weighted Average Production Index (WAPI) of 146, it boasts fertile soil, predominantly Crosby and Miami silt loam, ideal for cultivating high-yield crops such as corn and soybeans. The terrain features a gentle roll, with an elevation change of 33 feet, offering favorable conditions for agricultural activities or a building site. Access to the farm is convenient, off of Pennington Rd offering 500 +/- feet of road frontage. Situated on the outskirts of Mooresville and within a 30-minute drive to Indianapolis, the farm's location enhances its desirability.
QuickBuy option for home selling

Address:9313 Pennington North Road Mooresville IN 46158
Status:Sold
Sold On: 11/1/2024
Price:$840,000
Bathrooms:0
Lot Size:52.15
County: Morgan
Township: Madison
MLS #:21983217
Property Type:Farm

Lot Dimensions:2271523.3
Road Frontage:County Road
Road Access:County Rd, Frontage Road
Road Surface:Asphalt
Zoning:Ag
Directions:GPS Friendly

Loan Price
$4,480
Price And Interest $4,069/month
Property Tax $86/month
MTG INS $0/month
HOME INS $325/month
Price
$780,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$86/month
Home Owner Insurance
$3,900 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$513
Tax Year:2023
Mandatory HOA Fee:$

Area: 5504 - Morgan - Madison
Subdivision: No Subdivision
Zip Code:46158

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 Eric Richards with Landproz of Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/03/2024 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.





Mooresville Market Report

110
Avg. DOM
$167.39
Avg. $ / Sq.Ft.
$ 392,495
Med. List Price

The house prices in Mooresville are indeed dropping at the moment. There has been a decrease in price of $21,405.02. 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 Mooresville are going Down. The average house price is $399,990.00 and the average price per square feet is $169.59 per square feet. At the moment, the amount of homes listed is exactly 273 houses, with 47 with active status, 26 with pending status and 200 sold in Mooresville .

The most popular place to buy a home in Mooresville is 5503 - Morgan - Brown. 5503 - Morgan - Brown 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 Mooresville .

The average amount of property taxes you would have to pay for a home in Mooresville is $1,804.35. 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 Mooresville are staying listed for an average of 63 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 Mooresville was 1850 minutes ago.

At the moment we have 12 open houses that you can visit.

The cost of the most expensive home in Mooresville is $995,000.00. 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 Mooresville is $39,900.00 . 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 Mooresville in year 1885 and the newest built house is in year 2025.

The average size of properties in Mooresville is 2594.21 sq.ft. , the biggest one being 6466 sq.ft. and the smaller being 596 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.