NOT LISTED FOR SALE

10832 Us Highway 35 Economy, IN 47339

Estimated Value: $81,000 - $224,000

5 Beds
2 Baths
1,430 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $58,000 $41 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $756/month

2 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Living Room
  • Main Floor Bedroom
  • First Floor Utility Room
  • Bathroom on Main Level

About This Home

As of February 2021

This home is located at 10832 Us Highway 35, Economy, IN 47339 since 12 January 2021 and is currently estimated at $130,443, approximately $91 per square foot. This property was built in 1930. 10832 Us Highway 35 is a home located in Wayne County with nearby schools including Hagerstown Elementary School, Hagerstown Junior/Senior High School, and Sugar Grove School.

Last Agent to Sell the Property

Chris Thompson

Better Homes and Gardens First Realty Group License #RB14051301 Listed on: 01/12/2021

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Chris Thompson

Better Homes and Gardens First Realty Group License #RB14051301 Listed on: 01/12/2021

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Chain Link Fence

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Electric Range
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Nettle Creek Elementary And Middle School
  • Nettle Creek High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Wall Furnace
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • $1,740 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 10832 US 35
  • Second Address Number: 10832
  • Estimated Year Built: 1930
  • Estimated Basement Size: Yes
  • Dining Rm Level: M
  • Directions: US 35 to Economy, home on the right as you enter town
  • E X E M P T: None
  • Family Room Level: U
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 10832 Us Highway 35
  • Geo Longitude: -85.08245
  • Geo Primary City: Economy
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Living Rm Level: M
  • Other Rm1 Level: U
  • Other Rm2 Comments: BR
  • Other Rm2 Level: U
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Tax Dup Number: 013-00084-00
  • Taxes Half: 209.13
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Appliances Included: Range-Electric, Refrigerator
  • Total Number Rooms: 11
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: U
  • Primary Bathroom: No
  • Has Basement: Yes
  • Bedroom 2 Level: M
  • Bedroom 3 Level: U
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 5
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 40.56
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Fencing: Chain
  • Foundation: Basement
  • Porch/Deck Type: Covered, Deck, Porch
  • Roof Age: new
  • Roof Type: Shingle

Garage/Parking

  • Driveway: Yes
  • Garage Capacity: 0

Utilities

  • Air Conditioner: Window
  • Electric Company: Duke Energy
  • Heat Type: Electric, Propane, Wall Furnace, Forced Air
  • Sewer: Septic
  • Hot Water: Well
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Nettle Creek
  • Middle School: Nettle Creek
  • High School: Nettle Creek
  • Elementary School: Nettle Creek
  • High School: Nettle Creek
  • Middle School: Nettle Creek

Lot Info

  • Geo Update Timestamp: 2021-01-14
  • Estimated Number Acres: 0.33
  • Land Contract: No
  • Lot Size: .33
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Rummel Benjamin K
Bought by
Rummel Benjamin K and Rummel Herman D
Current Estimated Value
$130,443

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 26, 2021
Sold by
Rummel Herman D and Lee-Rummel Mary
Bought by
Rummel Benjamin K
Seller's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
Buyer's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
List Price
$60,000
Sold Price
$58,000
Premium/Discount to List
-$2,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$46,400
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 16, 2019
Closed on
Jan 22, 2020
Sold by
Fhlm
Bought by
Rummel Herman D and Rummel Mary L
Seller's Agent
JONI HIRONS
Better Homes and Gardens First Realty Group
Buyer's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
List Price
$9,900
Sold Price
$8,000
Premium/Discount to List
-$1,900
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
526.05%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Brown Chad J and Retter Randall L
Bought by
First Financial Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rummel Benjamin K -- None Available
Rummel Benjamin K -- None Available
Rummel Herman D $8,000 Radian Sehlement
First Financial Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rummel Benjamin Kyle $25,000
Previous Owner Rummel Benjamin K $46,400
Previous Owner Brown Chad $14,400
Previous Owner Brown Chad J $65,600
Previous Owner Brown Chad $8,200
Previous Owner Brown Chad J $63,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $58,000 -3.3% $41 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $60,000 +650.0% $42 / Sq Ft
01/28/2020 01/28/20 Sold $8,000 -19.2% $6 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $9,900 -- $7 / Sq Ft
Source: Richmond Association 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 $556 $92,300 $8,500 $83,800
2023 $467 $84,600 $7,800 $76,800
2022 $501 $85,500 $7,800 $77,700
2021 $437 $78,300 $7,800 $70,500
2020 $1,566 $78,300 $7,800 $70,500
2019 $418 $74,700 $7,600 $67,100
2018 $391 $71,100 $7,600 $63,500
2017 $354 $66,700 $7,600 $59,100
2016 $353 $68,000 $7,600 $60,400
2014 $319 $66,000 $7,600 $58,400
2013 $319 $64,000 $7,600 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Chris Thompson

    Seller's Agent in 2021

    Chris Thompson

    Better Homes and Gardens First Realty Group

    (765) 994-0667

    208 Total Sales

    Chris Thompson
    Section Image

  • J

    Seller's Agent in 2020

    JONI HIRONS

    Better Homes and Gardens First Realty Group

    (765) 969-0466

    23 Total Sales

    JONI HIRONS
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10040312

APN: 89-02-28-340-520.000-024

Indiana Wayne County Economy 47339

10832 Us Highway 35, Economy, IN

This home is located at 10832 Us Highway 35, Economy, IN 47339 since 12 January 2021 and is currently estimated at $130,443, approximately $91 per square foot. This property was built in 1930. 10832 Us Highway 35 is a home located in Wayne County with nearby schools including Hagerstown Elementary School, Hagerstown Junior/Senior High School, and Sugar Grove School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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