$192,500
SOLD APR 4, 2025

116 E Forbes Dr Bald Knob, AR 72010

3 Beds
2 Baths
1,642 Sq Ft
0.26 Acres

Recently Sold

$117 Per Sq Ft

3% Below List Price

83 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of April 2025

Discover small town charm with convenience at 116 Forbes Drive in Bald Knob, Arkansas! Nestled in a prime location just minutes from Searcy, this well-preserved brick home offers the perfect blend of comfort and accessibility. Your family will appreciate being within walking distance to local schools, while commuters will value the easy highway access. Inside you'll find three bedrooms and two bathrooms in this well cared for home. The property's standout feature - a detached studio apartment - offers versatile possibilities, whether as a private guest suite, home office, or potential rental income which is what its being used for currently. Whether you're seeking a welcoming family home or a smart investment opportunity, this property delivers both charm and value. **SELLER WILL PAY FOR A COMPLETE ROOF REPLACEMENT WITH ACCEPTABLE OFFER UPON CLOSING** ***Wheelchair ramp is a temporary structure used by current occupant but is easily removed and sold/kept by new owner*** (With the apartment included, square footage price is just 109.60/per sqft.) **Agents, please see remarks**

Last Agent to Sell the Property

Jonathan Campbell

Real Broker Listed on: 12/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Power Generator
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 12/13/2024
  • Price Per Sq Ft: 117.24
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1642
  • Bedrooms: 3
  • Floors: Carpet, Vinyl, Tile
  • Foundation: Crawl Space, Piers
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 11,434
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Generator

Tax Info

  • Annual Taxes: 993.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Apr 4, 2025
Sold by
Grb Investments Llc
Bought by
Todd James Ronnie
Seller's Agent
Jonathan Campbell
Real Broker
List Price
$199,000
Sold Price
$192,500
Premium/Discount to List
-$6,500
-3.27%
Total Days on Market
83
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$198,852
Outstanding Balance
$198,852
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$5,241

Purchase Details

Closed on
Mar 26, 2021
Sold by
Tucker Samuel Gilbert and Tucker Clara Lee
Bought by
Grb Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Grb Investments Llc
Bought by
Tucker Samuel Gilbert and Tucker Clara Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 2013
Sold by
Grb Investments Llc and Baird George R
Bought by
Lytle Michelle

Purchase Details

Closed on
Sep 3, 2013
Bought by
Grb Invest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2010
Bought by
State

Purchase Details

Closed on
Dec 16, 2004
Bought by
Solida Property Management

Purchase Details

Closed on
Mar 24, 2003
Bought by
Chadwick

Purchase Details

Closed on
Aug 27, 2001
Bought by
Griffith

Purchase Details

Closed on
Oct 1, 1992
Bought by
Patterson Elgia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $192,500 Professional Land Title
Warranty Deed $192,500 Professional Land Title
Warranty Deed $80,000 Wilbourn Title
Warranty Deed $80,000 None Listed On Document
Warranty Deed $84,000 None Available
Warranty Deed -- None Available
Contract Of Sale $89,990 None Available
Warranty Deed $69,000 --
Deed -- --
Warranty Deed $55,000 --
Corporate Deed -- --
Warranty Deed $53,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,852 New Conventional
Closed $198,852 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Previous Owner $84,000 VA
Previous Owner $25,000 New Conventional
Previous Owner $90,000 New Conventional
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $192,500 0.0% $117 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/20/2025 02/20/25 Off Market $192,500 -- --
12/13/2024 12/13/24 For Sale $199,000 -- $121 / Sq Ft
Source: Cooperative Arkansas REALTORS® 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 $994 $21,790 $2,890 $18,900
2023 $994 $21,790 $2,890 $18,900
2022 $994 $21,790 $2,890 $18,900
2021 $821 $18,950 $2,890 $16,060
2020 $746 $16,360 $4,200 $12,160
2019 $746 $16,360 $4,200 $12,160
2018 $746 $16,360 $4,200 $12,160
2017 $655 $16,360 $4,200 $12,160
2016 $655 $14,370 $4,200 $10,170
2015 $624 $13,690 $3,000 $10,690
2014 $624 $13,690 $3,000 $10,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24044612

Cooperative Arkansas REALTORS® MLS

APN: 003-00598-000