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  • $63,000

    5611 E Mineral Koleen Rd, Bloomfield, IN 47424

    --beds
    --baths
    21Acres
    Residential Land
    Built in ----
    21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 31, 2024 at 05:24am

    Listed by:

    John Wells Office:812-875-2323,

    Wells Auction & Realty

    Bought with:

    Marcus Marner, RB21002640

    farm2country.com

    Source: IRMLS,MLS#: 202420243MLS Logo

    Facts & features

    Property

    Lot
    • Size: 21 Acres
    • Dimensions: 1295' x 1000'
    • Features: Many Trees, Rolling Slope, 15+
    Details
    • Additional parcels included: 281210000005.000019
    • Parcel number: 281210000003.001019
    • Wooded area: 914760

    Utilities & green energy

    • Sewer: None
    • Water: City
    • Utilities for property: Electricity Available, Water Available

    Community & neighborhood

    Location
    • Region: Bloomfield
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/30/2024Sold$63,000-10%
    Source: IRMLS #202420243 Report a problem
    6/5/2024Pending sale$70,000
    Source: IRMLS #202420243 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 47424

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bloomfield
    • Middle: Bloomfield
    • High: Bloomfield
    • District: Bloomfield S.D.

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.