NOT LISTED FOR SALE

1063 E 1500 N Akron, IN 46910

Estimated Value: $411,000 - $557,657

7 Beds
2.5 Baths
4,168 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $395,000 $95 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,898/month

22 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered Patio or Porch
  • Balcony
  • 10.04 Acre Lot
  • Walk-In Pantry
  • 1 Car Attached Garage

About This Home

As of May 2023

MUST SEE in person to understand and take in all that I attempt to describe in only a few words and 36 photos! It's impossible to capture the beauty and amenities that this over 4,000 sq ft home has to offer and it is situated right in the middle of 10 acres (tillable & fenced pasture)! It has an open concept living area, 7 bedrooms, 2.5 baths and an awesome back deck overlooking the land and one of the the kids 2 play areas. The master bedroom is on the main level with the rest being upstairs. The home sits above a 1568 sq ft walkout basement, (that could be finished) which includes a large concrete patio out back. The 384 sq ft in-law suite adds another full bath, a bedroom, and combined living room/kitchen with its own entrance & covered deck, located at the far end of the home beside the 28'X24' oversized garage/work area. Outside is a barn with stalls, chicken coop and room for feed and equipment. There is a 3,188 sq ft warehouse/building with an office, full kitchen, banquet room and 3 bathrooms, currently being used as a church, but allows for so many different options. There is a fenced in garden area with its own Greenhouse! There are handmade hickory cabinets & pine doors. Huge pantry in the basement, Huge 16'X14' laundry/mud room, 2 water softeners. NEW siding & windows (2021), roof (2019), furnaces (2021, 2020), in-law suite (2019). There is SO MUCH MORE, so schedule your showing ASAP before you miss out !!!

Last Agent to Sell the Property

Pat Randolph

Hoosier Real Estate Group Listed on: 03/16/2023

Last Buyer's Agent

Brandi Rees

The Hardie Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1998

Lot Details

  • 10.04 Acre Lot
  • Lot Dimensions are 1322' x 331'
  • Rural Setting
  • Landscaped
  • Irregular Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

  • North Miami Elementary And Middle School
  • North Miami High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Energy-Efficient Windows
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 52-02-11-200-005.000-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Style: Two Story
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 014-06401-00 NW1/4 NW1/4 11-29-4; 10.004 ACRES; 27 064 00100
  • Parcel Number ID: 52-02-11-200-005.000-014
  • Platted: Yes
  • Amenities: Balcony, Ceiling Fan(s), Deck Covered, Deck Open, Dryer Hook Up Electric, Garage Door Opener, Landscaped, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Gas, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Hwy 19
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5736
  • Total Finished Sq Ft: 4168
  • Above Grade Finished Sq Ft: 4168
  • Below Grade Sq Ft: 1568
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Unfinished, Outside Entrance
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 28x18, On Level: Main
  • Kitchen: Dimensions: 20x13, On Level: Main
  • Dining Room: Dimensions: 28x14, On Level: Main
  • Extra Room: Bedroom #6, Dimensions: 17x10, On Level: Upper
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 23x11, On Level: Upper
  • Bedroom 3: Dimensions: 23x11, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: Dimensions: 14x7, On Level: Upper
  • Other Room1: Bedroom #7, Dimensions: 15x10, On Level: Upper
  • Other Room 2: In-Law Suite, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1568

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 28x24
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Miami/Cass REMC
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx14, On Level: 16
  • Well Size: 5 Inches
  • Well Type: Private

Schools

  • Elementary School: North Miami

Lot Info

  • Lot Description: Irregular, Rolling, 10-14.999, Pasture
  • Lot Dimensions: 1322' X 331'
  • Estimated Lot Sq Ft: 437342
  • Estimated Lot Size Acres: 10.04

Green Features

  • Energy Efficient: Windows

Tax Info

  • Annual Taxes: 1851.44
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: North Miami
  • Middle School: North Miami
  • School District: North Miami Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 18, 2023
Sold by
Schwartz Samuel N and Schwartz Mary M
Bought by
Covington Jackie T and Ccovington Rachel N
Seller's Agent
Pat Randolph
Hoosier Real Estate Group
Buyer's Agent
Brandi Rees
The Hardie Group
List Price
$445,000
Sold Price
$395,000
Premium/Discount to List
-$50,000
-11.24%
Views
93
Current Estimated Value
$488,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,914
Avg. Annual Appreciation
8.32%
Original Mortgage
$395,000
Outstanding Balance
$385,418
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$103,496

Purchase Details

Closed on
Aug 27, 2015
Sold by
Stutzman Floyd E and Stutzman Rosa P
Bought by
Schwartz Samuel N and Schwartz Mary M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Covington Jackie T -- None Listed On Document
Schwartz Samuel N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covington Jackie T $395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $395,000 -11.2% $95 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $445,000 -- $107 / 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 $4,105 $381,200 $26,900 $354,300
2023 $4,105 $390,900 $25,400 $365,500
2022 $2,080 $273,100 $23,900 $249,200
2021 $1,851 $244,200 $23,000 $221,200
2020 $1,330 $189,300 $23,000 $166,300
2019 $1,470 $194,300 $24,100 $170,200
2018 $1,178 $196,000 $24,300 $171,700
2017 $1,001 $166,100 $23,600 $142,500
2016 $1,046 $173,800 $29,400 $144,400
2014 $978 $177,000 $30,000 $147,000
2013 -- $163,800 $28,000 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202307580

Indiana Regional MLS

APN: 52-02-11-200-005.000-014