NOT LISTED FOR SALE

112 Elm St Somerset, IN 46984

Estimated Value: $115,000 - $183,000

3 Beds
2 Baths
1,504 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $74,900 $50 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $917/month

103 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Carpet
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2019

All one leve, 3 Bedroom, 2 bath home with living room and bonus room on one end to finish as you desire. Detached 2 car garage, large corner lot.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270

Year Built

  • Built in 1953

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 110 x 150
  • Corner Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 85-18-27-403-059.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$270

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 65
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Somerset Addn 112 |
  • Parcel Number ID: 85-18-27-403-059.000-013
  • Platted: Yes
  • Sp Lp Percent: 99.87
  • Special Features: None

Interior Features

  • Total Sq Ft: 1504
  • Total Finished Sq Ft: 1504
  • Above Grade Finished Sq Ft: 1504
  • Price Per Sq Ft: 49.8
  • Flooring: Carpet, Vinyl
  • Recreation Room: Dimensions: 16x16, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 110 x 150
  • Estimated Lot Sq Ft: 16466
  • Estimated Lot Size Acres: 0.378

Tax Info

  • Annual Taxes: 29
  • Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 30, 2019
Sold by
Harrison Edward L
Bought by
Wines David L
List Price
$77,900
Sold Price
$74,900
Premium/Discount to List
-$3,000
-3.85%
Current Estimated Value
$160,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,523
Avg. Annual Appreciation
11.76%
Original Mortgage
$74,900
Interest Rate
4.5%
Mortgage Type
VA
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
Wines David L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wines David L $103,330
Closed Wines David L $103,500
Closed Wines David L $74,900
Closed Wines David L $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $74,900 -0.1% $50 / Sq Ft
12/13/2018 12/13/18 Price Changed $75,000 -3.7% $50 / Sq Ft
10/17/2018 10/17/18 For Sale $77,900 -- $52 / 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 $270 $106,500 $18,200 $88,300
2023 $406 $107,200 $18,200 $89,000
2022 $311 $97,100 $15,400 $81,700
2021 $269 $85,400 $15,400 $70,000
2020 $194 $80,100 $15,400 $64,700
2019 $5 $80,100 $15,400 $64,700
2018 $5 $77,300 $15,400 $61,900
2017 $29 $74,500 $15,400 $59,100
2016 $29 $76,100 $15,400 $60,700
2014 $5 $78,400 $15,400 $63,000
2013 $5 $81,400 $15,400 $66,000
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201846862

Indiana Regional MLS

APN: 85-18-27-403-059.000-013