NOT LISTED FOR SALE

11633 S County Road 525 W Reelsville, IN 46171

Estimated Value: $277,692 - $304,000

3 Beds
1 Bath
1,844 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $250,000 $136 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,642/month

65 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Traditional Architecture
  • 29.25 Acre Lot
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of December 2023

ALMOST 30 ACRES OF WOODS AND OPEN PASTURE AREA WITH VIEW OF POND LISTED AT APPRAISED VALUE OF LAND ONLY NOT INCLUDING THE HOME WHICH IS IN NEED OF COSMETICS BUT IS VERY MUCH LIVABLE AND HAS A LOT OF POTENTIAL. Home needs exterior siding and floor coverings on interior, but the stone wall with the wood stove insert in the large great room is magnificent. Home has a bedroom on the main level but upstairs there is a family area along with 2 more bedrooms. This is the farmhouse you have been waiting on with possibility of more bedrooms. Windows have been replaced in last few years and roof has been replaced within the last 10 years. Home is being sold as is. Older barn is need of repair but 3 car detached garage is good for projects.

Last Agent to Sell the Property

Beth Neeley

Down Home Real Estate & Auction LLC Listed on: 09/13/2023

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1900

Lot Details

  • 29.25 Acre Lot
  • Waterfront
  • Partially Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Stone or Rock in Basement
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Central Elementary School
  • South Putnam Middle School
  • South Putnam High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Propane
  • Private Water Source
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 67-17-11-300-029.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1900
  • Age: 123
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NW SW S11 T12 R5 15A, PT E 1/2 SE S10 T12 R5 14.25A SOKUT 22.95A TO 017-509431-01-2/22/07
  • Parcel Number ID: 67-17-11-300-029.000-019
  • Platted: Yes
  • Parcel Id2: 67-17-10-400-025.000-019
  • Sp Lp Percent: 83.36
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2024
  • Total Finished Sq Ft: 1844
  • Above Grade Finished Sq Ft: 1844
  • Below Grade Sq Ft: 180
  • Price Per Sq Ft: 135.57
  • Basement: Yes
  • Basement Foundation: Cellar, Crawl
  • Basement Material: Stone
  • Number Of Fireplaces: 1
  • Fireplace: One, Wood Burning Stove
  • Fireplace: Yes
  • Living Great Room: Dimensions: 32x15, On Level: Main
  • Kitchen: Dimensions: 12x17, On Level: Main
  • Family Room: Dimensions: 15x17, On Level: Upper
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 16x16, On Level: Upper
  • Bedroom 3: Dimensions: 15x15, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 180

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x25
  • Garage Sq Ft: 800
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Wood
  • Sewer: Septic
  • Water Utilities: Private
  • Laundry: Dimensions: Mainx10, On Level: 7
  • Water Type: Pond

Schools

  • School District: South Putnam Community Schools
  • Elementary School: Central
  • Middle School: South Putnam
  • High School: South Putnam
  • Elementary School: Central

Lot Info

  • Lot Description: Partially Wooded, Waterfront
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 1274130
  • Estimated Lot Size Acres: 29.25

Tax Info

  • Annual Taxes: 636
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: South Putnam
  • Middle School: South Putnam
  • School District: South Putnam Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 5, 2023
Sold by
Collier Jason E
Bought by
Nissen Jacob and Nissen Ashley
Seller's Agent
Beth Neeley
Down Home Real Estate & Auction LLC
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$322,000
Sold Price
$250,000
Premium/Discount to List
-$72,000
-22.36%
Views
136
Current Estimated Value
$294,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,897
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Feb 9, 2022
Sold by
Collier Jason E
Bought by
Collier Jason E and Collier Melissa

Purchase Details

Closed on
Dec 14, 2012
Sold by
M Jewell Llc
Bought by
Collier Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4%
Mortgage Type
Assumption

Purchase Details

Closed on
Jan 22, 2007
Sold by
Nicholls David M
Bought by
Fecteau Greg A
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
Nissen Jacob $250,000 None Listed On Document
Collier Jason E $250,000 None Listed On Document
Collier Jason E -- None Listed On Document
Collier Jason E -- None Available
Fecteau Greg A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collier Jason E $133,000
Previous Owner Collier Jason E $64,600
Previous Owner Collier Jason E $56,000
Previous Owner Collier Jason E $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $250,000 -16.6% $136 / Sq Ft
11/19/2023 11/19/23 Price Changed $299,900 -6.9% $163 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $322,000 -- $175 / 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 $850 $133,900 $18,500 $115,400
2023 $381 $64,900 $21,000 $43,900
2022 $311 $63,300 $19,400 $43,900
2021 $256 $52,600 $18,600 $34,000
2020 $262 $52,600 $18,600 $34,000
2019 $276 $53,700 $19,700 $34,000
2018 $288 $53,900 $19,900 $34,000
2017 $270 $54,500 $20,800 $33,700
2016 $257 $54,200 $21,300 $32,900
2014 $267 $52,500 $21,600 $30,900
2013 $267 $51,400 $20,500 $30,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202333550

Indiana Regional MLS

APN: 67-17-10-400-025.000-019