NOT LISTED FOR SALE

1041 N Portland Arch Rd Covington, IN 47932

Estimated Value: $227,000 - $368,000

3 Beds
2 Baths
1,400 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $250,000 $179 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,785/month

6 Days on Market

Highlights

  • In Ground Pool
  • Wood Burning Stove
  • 4 Car Garage
  • Covington Community High School Rated 10
  • Fenced Yard
  • Whole House Fan

About This Home

As of June 2021

WOW!! That is what you'll say when you see this almost 8 acre 3 bedroom 2 bath property. Country living with high speed internet just minutes from town and the Wabash River. Behind the house is a chicken lovers dream featuring a fenced in chicken coop and a heated and plumbed chicken house. There are plenty of trees including one cherry, several apple, two plum and three pear trees. There is a privacy fenced in 16 x 32 eight foot deep in ground swimming pool off the back door. At the end of the long drive, on the right, is a 2.5 car detached garage that is heated and also has a lean to behind it. Pull to the left and enter through the 2.5 car attached garage. Inside there is updated flooring (Every room except the master updated in 2017) and appliances. Both bathrooms have been updated as well. There is a full basement with high ceilings that could be finished with a 4th, 5th bedroom and even a family room.

Last Agent to Sell the Property

Will Connelly

Real Broker LLC License #475181390 Listed on: 04/23/2021

Last Buyer's Agent

Will Connelly

Real Broker LLC License #475181390 Listed on: 04/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,355

Year Built

  • Built in 1979

Lot Details

  • 7.58 Acre Lot
  • Fenced Yard

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 23-06-23-201-015.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,355

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Above Grade Finished Sq Ft: 1400.0
  • Directions: From Covington head North on Portland Arch Rd past 260 N. It will be on the right.
  • Lot Size Acres: 7.58
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Gravel
  • Building Stories: 1
  • Year Built: 1979
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Propane Water Heater, Refrigerator, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Bath in Master Bedroom, Main Level Master
  • Fireplace Features: Wood Burning Stove
  • Fireplace: No
  • Stories: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Fence, Pool
  • Roof: Asphalt
  • Fencing: Yard Fenced
  • Pool Features: In Ground
  • Waterfront: No
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Garage

Utilities

  • Cooling: Central Air, Whole House Fan
  • Heating: Forced Air, Propane, Wood
  • Water Source: Well
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Junior High Dist: Covington In School District

Lot Info

  • Lot Size Sq Ft: 330185.0
  • Parcel #: 23-06-23-201-015.000-015
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1355.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 1, 2021
Sold by
Reich Kirby Lee
Bought by
Whittington Jacob B and Whittington Pacia L
Seller's Agent
Will Connelly
Real Broker LLC
Buyer's Agent
Will Connelly
DECK REALTY GROUP
List Price
$269,900
Sold Price
$250,000
Premium/Discount to List
-$19,900
-7.37%
Current Estimated Value
$313,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,429
Avg. Annual Appreciation
5.36%
Original Mortgage
$200,000
Outstanding Balance
$181,075
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,354
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
Whittington Jacob B -- Partners Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittington Jacob B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $250,000 -7.4% $179 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $269,900 -- $193 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $1,474 $218,000 $50,400 $167,600
2023 $1,565 $216,700 $46,200 $170,500
2022 $1,539 $202,400 $42,900 $159,500
2021 $1,463 $174,400 $42,300 $132,100
2020 $1,414 $162,000 $34,600 $127,400
2019 $1,355 $156,400 $35,500 $120,900
2018 $1,279 $148,700 $35,700 $113,000
2017 $1,127 $142,500 $36,500 $106,000
2016 $999 $138,000 $36,800 $101,200
2014 $999 $135,900 $37,100 $98,800
2013 $999 $122,300 $23,500 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6210991

APN: 23-06-23-201-015.000-015