NOT LISTED FOR SALE

10034 W 55 S Farmland, IN 47340

Estimated Value: $220,000 - $249,927

3 Beds
2 Baths
1,512 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $200,000 $132 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,381/month

64 Days on Market

Highlights

  • Covered Patio or Porch
  • Pasture
  • Carpet
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of September 2022

Get ready to own a 3 bedroom 2 bath home on 5.5 acres! This home is in a great location with easy access to Monroe Central, Farmland, Muncie, and Winchester. The home has had recent updates on the interior including bathrooms, flooring, kitchen, laundry room, and more. Stay warm all winter long with the wood stove. Use your imagination to make the grounds whatever you like, animals, garden, rec area, you name it!

Last Agent to Sell the Property

Matt Glentzer

RE/MAX Evolve Listed on: 05/27/2022

RE/MAX Evolve

Last Buyer's Agent

Craig Morris

Property House

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1969

Lot Details

  • 5.55 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Walkup Attic
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Monroe Central Elementary And Middle School
  • Monroe Central High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Multiple Heating Units
  • Radiant Ceiling
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 68-07-27-100-026.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$794

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1969
  • Age: 53
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E NE 27-20-12 5.55 A
  • Parcel Number ID: 68-07-27-100-026.000-010
  • Platted: Yes
  • Amenities: Attic-Walk-up, Dryer Hook Up Electric, Porch Covered
  • Location: Rural
  • Sp Lp Percent: 90.91
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1512
  • Total Finished Sq Ft: 1512
  • Above Grade Finished Sq Ft: 1512
  • Price Per Sq Ft: 132.28
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 16x11, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Other Room1: Sun Porch, Dimensions: 13x12, On Level: Main
  • Main Level Sq Ft: 1512
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 20x12
  • Fence: Farm
  • Outbuilding2: Shed, Dimensions: 12x8, 96

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x21
  • Garage Sq Ft: 483
  • Garage: Yes

Utilities

  • Heating Fuel: Wood, Ceiling, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 10
  • Well Type: Private

Schools

  • School District: Monroe Central School Corp.
  • Elementary School: Monroe Central
  • Middle School: Monroe Central
  • High School: Monroe Central
  • Elementary School: Monroe Central

Lot Info

  • Lot Description: 3-5.9999, 6-9.999, Pasture
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 241758
  • Estimated Lot Size Acres: 5.55

Tax Info

  • Annual Taxes: 793.52
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Monroe Central
  • Middle School: Monroe Central
  • School District: Monroe Central School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 14, 2022
Sold by
Morris Brandon J and Moystner Arthur
Bought by
Morris Holly Elaine and Morris Craig
Seller's Agent
Matt Glentzer
RE/MAX Evolve
Buyer's Agent
Craig Morris
Property House
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
20
Current Estimated Value
$237,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,642
Avg. Annual Appreciation
5.92%
Original Mortgage
$196,377
Outstanding Balance
$188,959
Interest Rate
6.03%
Mortgage Type
FHA
Estimated Equity
$48,683

Purchase Details

Listed on
Mar 18, 2015
Closed on
Aug 26, 2015
Sold by
Payzant Caleb M
Bought by
Morris Brandon J and Moystner Arthur
Seller's Agent
Raymond Burcham
Coldwell Banker Real Estate Group
Buyer's Agent
Matt Glentzer
RE/MAX Evolve
List Price
$112,900
Sold Price
$109,000
Premium/Discount to List
-$3,900
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$107,025
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2011
Sold by
Powell Lonna and Powell Shirley Pauline
Bought by
Payzant Caleb M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,523
Interest Rate
4.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morris Holly Elaine -- None Listed On Document
Morris Brandon J -- None Available
Payzant Caleb M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Holly Elaine $9,229
Open Morris Holly Elaine $196,377
Previous Owner Morris Brandon J $107,025
Previous Owner Payzant Caleb M $103,523
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $200,000 -9.1% $132 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $220,000 -6.4% $146 / Sq Ft
06/06/2022 06/06/22 Price Changed $235,000 -6.0% $155 / Sq Ft
05/27/2022 05/27/22 For Sale $250,000 +129.4% $165 / Sq Ft
08/26/2015 08/26/15 Sold $109,000 -3.5% $72 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $112,900 -- $75 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,375 $164,900 $23,600 $141,300
2023 $1,104 $151,300 $22,400 $128,900
2022 $868 $112,800 $21,200 $91,600
2021 $794 $104,800 $19,400 $85,400
2020 $753 $101,500 $18,600 $82,900
2019 $767 $109,200 $19,400 $89,800
2018 $827 $112,800 $21,200 $91,600
2017 $705 $108,000 $22,000 $86,000
2016 $709 $108,300 $22,300 $86,000
2014 $569 $94,800 $22,600 $72,200
2013 $569 $91,400 $21,700 $69,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202220620

Indiana Regional MLS

APN: 68-07-27-100-026.000-010