NOT LISTED FOR SALE

11642 N 500 E Morristown, IN 46161

Estimated Value: $495,000 - $792,304

4 Beds
2.5 Baths
2,527 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $597,500 $236 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,810/month

145 Days on Market

Highlights

  • Home fronts a creek
  • 11.25 Acre Lot
  • Mature Trees
  • Updated Kitchen
  • Craftsman Architecture
  • Two Way Fireplace

About This Home

As of December 2019

Astonishing views from hilltop private estate! Meticulously maintained 2-story lodge-style 4 bd 2 1/2 bath custom home. You are greeted by an arched cedar beam as you approach the 10' front door. You are instantly drawn to the 2 sided frplc. & Amish built columns with unique stain glass feature. Custom built entertainment center in the liv rm that opens to the beautiful kit. A full array of stainless steel app are included. Split fl plan the master suite complete with soaking tub & walk in closet. Loft above the 2 car att gar. Basement ready for your finishing touches. The 96x36 pole barn is every mans dream!! Property ready to accommodate livestock with fenced pasture & 20x30 barn with 2 horse stalls! Situated on 11.25 pure country acres!!

Last Agent to Sell the Property

Nadine Coombs

Listing Leaders North Central License #RB14040157 Listed on: 07/09/2019

Listing Leaders North Central

Last Buyer's Agent

David Going

101 Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 2012

Lot Details

  • 11.25 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Log Cabin
  • Cement Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Tray Ceiling
  • Paddle Fans
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jack-and-Jill Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Basement Window Egress

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Powered By Leased Propane
  • Iron Water Filter
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Multiple Phone Lines
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 730406100009000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,620

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2012
  • Building Area Total: 3728
  • Garage Y N: Yes
  • Lot Size Acres: 11.25
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: nadinecoombs7971@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Partial, Unfinished, Egress Window(s), Sump Pump
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust, Microwave, Gas Oven, Range Hood, Refrigerator, Free-Standing Freezer, Trash Compactor, Washer, Electric Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Two Sided, Dining Room, Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Tray Ceiling(s), Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Painted, Breakfast Bar, Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl, Network Ready, Pantry
  • Living Area: 2527
  • Other Equipment: Iron Filter, Multiple Phone Lines, Satellite Dish No Controls, Security Alarm Paid, Smoke Alarm
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2192
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 335
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Out Building With Utilities
  • Fencing: Fence Complete
  • Foundation Details: Concrete Perimeter, Concrete Perimeter
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Waterfront Features: Creek

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Side Load Garage
  • Fuel: Propane Leased
  • Garage Parking Other: Finished Garage,Keyless Entry,Service Door

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, High Efficiency (90%+ AFUE )
  • Laundry Features: Main Level
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Private Well
  • Solid Waste: No
  • Utility Options: Private Well 2nd Source

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 11.25
  • Parcel Number: 730406100009000007
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3620
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1810
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Schools: MORRISTOWN ELEMENTARY,MORRISTOWN HIGH,MORRISTOWN MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Dec 30, 2019
Sold by
Walker Scott and Walker Dia
Bought by
Gibson Harold and Gibson Sharon D
Seller's Agent
Nadine Coombs
Listing Leaders North Central
Buyer's Agent
David Going
101 Realty Group, LLC
List Price
$625,000
Sold Price
$597,500
Premium/Discount to List
-$27,500
-4.4%
Current Estimated Value
$643,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,152
Avg. Annual Appreciation
1.25%
Original Mortgage
$397,500
Outstanding Balance
$351,207
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$292,445

Purchase Details

Closed on
Dec 5, 2006
Sold by
Armstrong Sandra C and Geary Sandra
Bought by
Walker Scott and Walker Dia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibson Harold -- Ata Natl Ttl Group Of In Llc
Walker Scott $52,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Harold $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $597,500 -4.4% $236 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $625,000 0.0% $247 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $625,000 -- $247 / 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 $5,250 $574,900 $32,800 $542,100
2023 $5,564 $583,800 $31,400 $552,400
2022 $5,565 $545,600 $27,800 $517,800
2021 $4,636 $459,200 $27,100 $432,100
2020 $4,328 $444,500 $27,000 $417,500
2019 $3,941 $409,000 $26,600 $382,400
2018 $3,619 $380,400 $25,100 $355,300
2017 $3,483 $378,300 $26,000 $352,300
2016 $3,225 $375,900 $26,000 $349,900
2014 $2,969 $357,200 $25,400 $331,800
2013 $2,969 $358,500 $24,400 $334,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nadine Coombs

    Listing Leaders North Central

    (317) 512-6924

    76 Total Sales

    Nadine Coombs
    Section Image

  • D

    Buyer's Agent in 2019

    David Going

    101 Realty Group, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21652513

MIBOR Broker Listing Cooperative®

APN: 73-04-06-100-009.000-007

Indiana Shelby County Morristown 46161

11642 N 500 E, Morristown, IN

Not Listed for Sale

Detached

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