NOT LISTED FOR SALE

11331 Reed St Arcola, IN 46704

Estimated Value: $106,000 - $254,000

4 Beds
1 Bath
1,600 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $69,900 $44 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $931/month

105 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Arcola Elementary School Rated A
  • 1-Story Property
  • Level Lot

About This Home

As of June 2015

USDA AREA 100% Financing may be Aval....Recently Remodeled / New Kitchen / large lot / 4 bedroom / 1 bath / Appliances available / new flooring / high efficiency Furnace / Central air /easy to show /call today / Elementary school close / eat in kitchen / split bedroom design / loft area/central air and high efficiency furnace/replacement windows / awesome park down the street /Spanish lace ceiling / hardwood floors/steel entry doors/six panel doors/ceiling fan/

Last Agent to Sell the Property

David Mervar

Beer & Mervar REALTORS Listed on: 02/03/2015

Last Buyer's Agent

Steven McMichael

ReMaxImagine

ReMaxImagine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

  • Arcola Elementary School
  • Carroll Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Community Details

  • Peabodys Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-06-28-452-002.000-049

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1937
  • Age: 78
  • Style: One Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Peabodys lot 29 |
  • Parcel Number ID: 02-06-28-452-002.000-049
  • Platted: Yes
  • Amenities: Home Warranty Included
  • Location: City/Town/Suburb
  • Sp Lp Percent: 87.92
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2550
  • Total Finished Sq Ft: 1600
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 950
  • Price Per Sq Ft: 43.69
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 12x17, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 16x12, On Level: Upper
  • Bedroom 4: Dimensions: 13x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 950

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x26
  • Garage Sq Ft: 520
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx9, On Level: 7
  • Well Type: Private

Schools

  • School District: Northwest Allen County
  • Elementary School: Arcola
  • Middle School: Carroll
  • High School: Carroll
  • Elementary School: Arcola

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x150
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 1750
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Northwest Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
David Smith
Bought by
Smith David and Smith Traci
Current Estimated Value
$166,722

Purchase Details

Closed on
Apr 26, 2018
Sold by
Simth Donna M
Bought by
Smith David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,556
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jun 5, 2015
Sold by
Iab Financial Bank
Bought by
Smith Donna M
Seller's Agent
David Mervar
Beer & Mervar REALTORS
Buyer's Agent
Steven McMichael
ReMaxImagine
List Price
$87,900
Sold Price
$69,900
Premium/Discount to List
-$18,000
-20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Kelley Joel A and Fifth Third Mortgage Co
Bought by
Pepple Roth Ira Jill E

Purchase Details

Closed on
Sep 12, 2008
Sold by
Johnson Donald A and Johnson Anne
Bought by
Delagrange Homes Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Johnson Donald A and Johnson Anne
Bought by
Johnson Donald A and Johnson Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
7.18%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Johnson Donald A
Bought by
Johnson Donald A and Johnson Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
7.18%
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
Smith David -- None Listed On Document
Smith David -- Centurion Land Title Inc
Smith Donna M -- None Available
Pepple Roth Ira Jill E $31,951 None Available
Delagrange Homes Llc -- Lawyers Title
Johnson Donald A -- --
Johnson Donald A -- Title Express
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David $67,556
Previous Owner Johnson Donald A $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $69,900 -20.5% $44 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $87,900 -- $55 / 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 $558 $99,600 $13,100 $86,500
2022 $365 $91,200 $8,800 $82,400
2021 $340 $84,400 $8,800 $75,600
2020 $358 $84,600 $9,000 $75,600
2019 $305 $78,400 $9,000 $69,400
2018 $312 $78,600 $9,000 $69,600
2017 $1,445 $77,500 $9,000 $68,500
2016 $1,783 $92,400 $9,000 $83,400
2014 $1,750 $87,500 $9,000 $78,500
2013 $1,800 $90,000 $9,000 $81,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Mervar

    Beer & Mervar REALTORS

    (260) 750-8527

    62 Total Sales

    David Mervar
    Section Image

  • S

    Buyer's Agent in 2015

    Steven McMichael

    RE/MAX

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201504147

Indiana Regional MLS

APN: 02-06-28-452-002.000-049

Indiana Allen County

11331 Reed St, IN

This home is located at 11331 Reed St, Arcola, IN 46704 since 03 February 2015 and is currently estimated at $166,722, approximately $104 per square foot. This property was built in 1937. 11331 Reed St is a home located in Allen County with nearby schools including Arcola Elementary School, Carroll Middle School, and Carroll High 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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