NOT LISTED FOR SALE

1132 N Michigan Rd Shelbyville, IN 46176

Estimated Value: $141,000 - $182,000

3 Beds
1 Bath
936 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $116,000 $124 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,010/month

5 Days on Market

Highlights

  • Waterfront
  • Mature Trees
  • Covered Patio or Porch
  • 0.45 Acre Lot
  • No HOA
  • Wood Frame Window

About This Home

As of August 2022

Very cute bungalow with new roof, new carpet, new paint, oversized garage plus to large sheds, one with electric. Large backyard with lots of room for summer cookouts! Kitchen with range and oven included.

Last Agent to Sell the Property

Nancy Smith

Dropped Members License #RB14023639 Listed on: 07/06/2022

Dropped Members

Last Buyer's Agent

Steve Lew

Steve Lew Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1939

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Rural Setting
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Aggregate Flooring
  • Garage Door Opener

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Window Screens
  • Combination Dining and Living Room
  • Storm Windows
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Electric Oven

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 730731200029000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1939
  • Building Area Total: 936
  • Garage Y N: Yes
  • Lot Size Acres: 0.45
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: nancysmith@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some, Storms Some, Windows Wood, Breakfast Bar
  • Living Area: 936
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 936
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 936

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Out Building With Utilities
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered Patio
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Aggregate, Detached, Garage Door Opener, Storage

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Laundry Features: Laundry Closet
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 19602
  • Parcel Number: 730731200029000001
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1352
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 676
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 17, 2022
Sold by
Taylor Sumerford Jr W
Bought by
Kelley Michael
Seller's Agent
Nancy Smith
Dropped Members
Buyer's Agent
Steve Lew
Steve Lew Real Estate Group, LLC
List Price
$125,000
Sold Price
$116,000
Premium/Discount to List
-$9,000
-7.2%
Current Estimated Value
$161,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,449
Avg. Annual Appreciation
10.88%
Original Mortgage
$98,600
Outstanding Balance
$94,107
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$67,342
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
Kelley Michael -- Graham N Gregg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Michael $98,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $116,000 -7.2% $124 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $125,000 -- $134 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,924 $123,500 $19,300 $104,200
2023 $1,846 $119,200 $19,300 $99,900
2022 $1,448 $92,800 $17,000 $75,800
2021 $1,353 $86,100 $17,000 $69,100
2020 $1,300 $83,500 $17,000 $66,500
2019 $1,256 $80,900 $17,000 $63,900
2018 $1,194 $75,600 $17,000 $58,600
2017 $1,127 $73,800 $17,000 $56,800
2016 $1,139 $73,600 $17,000 $56,600
2014 $1,072 $71,400 $17,000 $54,400
2013 $1,072 $71,400 $17,000 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21866427

MIBOR Broker Listing Cooperative®

APN: 73-07-31-200-029.000-001