5245 Polk Lane, Olive Branch, MS 38654 (MLS# 2336477)

5245 Polk Lane, Olive Branch, MS 38654

$425,000

Property Type: Land Lot Size (sq. ft.): 436,036 Status: Closed

Current Price: $425,000 List Date: 7/13/2021 Last Modified: 11/04/2024

Overview

Description

10.01 acres of beautiful rolling majority wooded property. There are 2 metal buildings situated on the property, one 60X80 with 1,100 sf of office space on the ground floor w/3 offices, 1 full, 1 half bathroom and 1,100 sf apartment above that w/1 br, 1ba, kitchen and den. Both the office and the apartment have central heat and air. The remainder of this building is in a shop w/concrete floors. The second building is a 40x40 metal building with 5' overhang. Well and septic on property with water running to all different areas of the land. Other sites for a home scattered around the land. Long driveway with culverts already in place.

Listing Details MLS# 2336477

General Property Information

Approx Lot Size Acres: 10.01
Expandable Area: No
List Price/Acre: 49950.05
Number of Lots: Yes
Divisible: No
Elementary School: Center Hill
Intermediate School: None
Middle or Junior School: Center Hill Middle
High School: Center Hill
Property Sub Type: Acreage (more than 10 acres)
New Construction: No

Property Features

Current Use: Agricultural; Residential Location: Rural Lot Features: Rectangular Lot; Rolling Slope Water Source: Private; Well Listing Terms: Cash; Conventional; Other Utilities: Electricity Available; Water Available Trees - Wooded: Heavily Wooded Road Surface Type: Paved Disclosures: None

Address and Location Information

Street Number Assigned?: Yes
Street Number: 5245
Street Name: Polk
Street Suffix: Lane
County: DeSoto
State: MS
Zip Code: 38654
Parcel Number: 206101000 004000
Subdivision: Metes And Bounds
Directions to Property: From Goodman Road go south on Hacks Cross Road 1.3 miles, left on Whispering Pines 1.2 miles, right on Polk 0.4 miles.

Listing Information

Property Sub Type: Acreage (more than 10 acres)
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 2706.66
Tax Year: 2020
Homestead Y/N: No
Additional Exemptions Y/N: No
Zoning: Agriculture
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: Yes
Legal Description: 10.01 acres located in Section 1 Township 2 S Range 6W, Desoto County, MS Lot 5 American Savings Bank Tract

Status Change Info

Contract Date/Pending Date: 2021-11-20
Closing Date: 2022-03-15

More Information

Location

Rural: Yes

Remarks & Miscellaneous

Public Remarks: 10.01 acres of beautiful rolling majority wooded property. There are 2 metal buildings situated on the property, one 60X80 with 1,100 sf of office space on the ground floor w/3 offices, 1 full, 1 half bathroom and 1,100 sf apartment above that w/1 br, 1ba, kitchen and den. Both the office and the apartment have central heat and air. The remainder of this building is in a shop w/concrete floors. The second building is a 40x40 metal building with 5' overhang. Well and septic on property with water running to all different areas of the land. Other sites for a home scattered around the land. Long driveway with culverts already in place.

Current Use

Agricultural: Yes
Residential: Yes

Lot Features

Rectangular Lot: Yes
Rolling Slope: Yes

Water Source

Private: Yes
Well: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

Trees - Wooded

Heavily Wooded: Yes

Road Surface Type

Paved: Yes

Disclosures

None: Yes

Documents

Document ›

Listing Office: Burch Realty Group Senatobia

Listing Agent: Jason Burch

Last Updated: November - 04 - 2024

5245 Polk Lane, Olive Branch, MS 38654 (MLS# 2336477)