See Home Value
Fresno 93657
505 N Indianola Avenue
$3,240,000 - $3,958,000
House - Off Market

505 N Indianola Avenue

Sanger, CA 93657
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2280 Sqft
Sold Oct 07, 1998
$130,000
$325,000 by Central Valley Community Bank
Mortgage

About This Property

Introducing an extraordinary opportunity to bring your dreams to life on this magnificent AE-20 property. Encompassing an impressive 55 acres, this stunning property features an 18-acre private lake, designed and maintained exclusively for tournament water skiing. Complete with two islands, this aquatic gem also serves as a recharge basin, sourced by FID water directly from the Sierras. Surrounded by citrus and almond groves, the property offers the utmost in privacy. With two parcels available, you have the flexibility to build two homes on each, or utilize the subdivided parcel map to build a small neighborhood. Adding to its allure, the property boasts two acres of beautiful lavender fields that bloom twice a year with stunning purple flowers that are harvested and sold throughout the season. Enhancing the property's versatility, the grounds feature a spacious 4,000sf shop, featuring vintage lockers, striking black and red checkered flooring, an ADA-compliant bathroom, and storage loft. Additionally, a charming vintage barn serves as a backdrop for timeless photographs. This remarkable property benefits from a current Conditional Use Permit (CUP) granted by the County of Fresno, allowing your event venue to easily come to life. Conveniently located just a quarter mile north of Hwy 180, this estate also features a turn key, 5bd 3bath pre-fab home. This structure can easily serve as a caretaker's cottage, a business office, or residence while you build your dream home.

The manager has listed the unit size as 2280 square feet.
Unit Size
2,280Ft²
Days on Market
-
Land Size
55.00 acres
Price per sqft
$1,579
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 2, 2024 No longer available -
No longer available
Jul 7, 2023 Listed $3,599,000
Listed
May 11, 2023 No longer available -
No longer available
Apr 19, 2023 Price Decreased $3,599,000
↓ $400K (10%)
Price Decreased
Feb 23, 2023 Listed $3,999,000
Listed
This beautifully unique AE-20, 55 acre property is the perfect canvas to paint your dreams come true! An 18 acre private lake, built for the tournament water skier with two islands. The lake is also considered a recharge basin and is gravity fed by FID (Fresno Irrigation District) water direct from the Sierra mountains. Two parcels, allowing for two homes each, is surrounded by neighbors' mature and well tended citrus and almond groves. Set back 1/4 mile north of Hwy 180, on Indianola Ave…
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Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,463,163
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Agricultural
  • Land Acres: 33.59
  • Standard Land Use Code: Farm land
  • Mobile Home Indicator: T
  • Legal Description 1: AZFL421A11

Ownership

  • Current Owner : HALL JEAN B ROMAGNOLI
  • Previous Owner : KOSSARAS NICK TOM
  • Previous Owner 2: KOSSARAS CARMALEE FRANCES
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sanger Unified School District
  • Census Tract: 005916

Zoning

  • Zoning: AE20

Geography

  • Parcel: 314-031-74
  • Latitude: 36.7436
  • Longitude: -119.584

    Address

  • Full Address: 505 N Indianola Ave
  • Address - House Number: 505
  • Street Direction: N
  • Address - Street Name: Indianola
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sanger
  • Carrier Code: R007
  • 4-Digit Zip Code: 9444
  • Zip Code: 93657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,328
  • Tax Rate Code Area: 071-000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: CENTRAL VALLEY COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Aug 08, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $325,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,110
  • Assessed Land Value: $299,599
  • Assessed Improvements Value: $72,511

    Sales

  • Current Sale Contract Date: Sep 24, 1998
  • Current Sale Recording Date: Oct 07, 1998
  • Current Sale Transaction ID: 1034126183
  • Current Sale Price: $130,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98145305

    Last Sale Mortgage

  • First Mortgage Lender: NIC TOM KOSSARAS
  • First Mortgage Transaction Date: Oct 07, 1998
  • First Mortgage Loan Amount: $93,153
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fresno


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 940 Sterling Ave., Sanger, CA, 93657

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,110 ft²
940 Sterling Ave. #940 Sterling Ave., Sanger, CA, 93657 Listing by Manager


Frequently Asked Questions

When was property at 505 North Indianola Avenue built and last sold?
The property at 505 North Indianola Avenue was built in and last sold on Sep 24, 1998 for $130,000.
How much is this home worth?
The estimated value of the home located at 505 North Indianola Avenue is $3,634,990.
What are some comparable homes to 505 North Indianola Avenue?
There are currently no comparable homes to 505 North Indianola Avenue.

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