NOT LISTED FOR SALE

1178 W State Road 38 Sheridan, IN 46069

Sheridan Neighborhood

Estimated Value: $756,000 - $1,306,000

3 Beds
2 Baths
1,892 Sq Ft
$552/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $1,311,000 $693 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $6,039/month

15 Days on Market

Highlights

  • 35 Acre Lot
  • Family Room with Fireplace
  • Wood Flooring
  • Mature Trees
  • Ranch Style House
  • No HOA

About This Home

As of December 2024

Welcome to this gorgeous wooded property with classic ranch home. This park-like setting features mature trees and offers a serene retreat off the road. With timeless charm, the home boasts real hardwood floors and a durable limestone exterior. Perched on a small knoll, every window provides wonderful views of the surrounding landscape. The walk-out basement features a charming stone fireplace, just waiting for your personal touch to transform it into additional living space. The property is enveloped by mature woods, with two open fields at the back, providing privacy and tranquility. You have the opportunity to make this house your own, or use it as a comfortable residence while you build your dream home in one of the back clearings. Additionally, consider the potential for the current home as an Airbnb once you establish your new build at the back of the property. This is a rare chance to embrace both nature and opportunity!

Last Listed By

Kelly Schuler

CENTURY 21 Scheetz Brokerage Email: kschuler@c21scheetz.com License #RB19000906 Listed on: 10/24/2024

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1969

Lot Details

  • 35 Acre Lot
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 1,892 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Schools

  • Sheridan Elementary School
  • Sheridan Middle School
  • Sheridan High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tax Lot 29-05-03-000-020.000-001
  • Assessor Parcel Number 290503000020000001
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,200

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1969
  • Building Area Total: 3784
  • Co List Office Phone: 317-844-5111
  • Garage Y N: Yes
  • Lot Size Acres: 35
  • Subdivision Name: Subdivision Not Available See Legal
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kschuler@c21scheetz.com
  • Attribution Contact: kschuler@c21scheetz.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Exterior Entry, Full, Unfinished
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Family Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1892
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1892
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Block
  • List Price: 749000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 1248

Utilities

  • Cooling: Central Electric
  • Heating: Heat Pump
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Sheridan Middle School

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 1524600
  • Parcel Number: 290503000020000001
  • Acres: >20 Acres
  • Price Acre: 37457

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3200
  • Tax Lot: 29-05-03-000-020.000-001
  • Semi Annual Property Tax Amt: 1600

MLS Schools

  • Elementary School: Sheridan Elementary School
  • High School: Sheridan High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 16, 2024
Sold by
Bell Marilynn W
Bought by
East James D
Seller's Agent
Kelly Schuler
CENTURY 21 Scheetz
Buyer's Agent
Matthew Dooley
Duke Collective, Inc.
List Price
$749,000
Sold Price
$1,311,000
Premium/Discount to List
$562,000
75.03%
Total Days on Market
15
Views
69
Current Estimated Value
$1,043,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,205
Avg. Annual Appreciation
-45.11%
Original Mortgage
$1,179,900
Outstanding Balance
$1,175,387
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
-$131,592

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
East James D $1,325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East James D $1,179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $1,311,000 +75.0% $693 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $749,000 -- $396 / 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 $3,025 $308,800 $121,800 $187,000
2023 $3,200 $284,500 $110,700 $173,800
2022 $2,937 $252,900 $98,900 $154,000
2021 $2,773 $233,600 $92,800 $140,800
2020 $2,582 $221,200 $92,500 $128,700
2019 $2,835 $240,100 $81,500 $158,600
2018 $2,849 $235,000 $82,900 $152,100
2017 $2,777 $232,200 $89,900 $142,300
2016 $2,712 $231,400 $93,100 $138,300
2014 $2,690 $228,900 $90,700 $138,200
2013 $2,690 $220,400 $82,200 $138,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Schuler

    Seller's Agent in 2024

    Kelly Schuler

    CENTURY 21 Scheetz

    (260) 591-0085

    2 in this area

    74 Total Sales

    Kelly Schuler
    Section Image
  • Scott Schuler

    Seller Co-Listing Agent in 2024

    Scott Schuler

    CENTURY 21 Scheetz

    (501) 743-2590

    2 in this area

    35 Total Sales

    Scott Schuler
    Section Image
  • Matthew Dooley

    Buyer's Agent in 2024

    Matthew Dooley

    Duke Collective, Inc.

    (317) 420-4000

    2 in this area

    28 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22008861

MIBOR Broker Listing Cooperative®

APN: 29-05-03-000-020.000-001

Indiana Hamilton County Sheridan 46069 Sheridan

1178 W State Road 38, Sheridan, IN

Homes for Sale in Sheridan, IN

This home is located at 1178 W State Road 38, Sheridan, IN 46069 since 24 October 2024 and is currently estimated at $1,043,795, approximately $551 per square foot. This property was built in 1969. 1178 W State Road 38 is a home located in Hamilton County with nearby schools including Sheridan Elementary School, Sheridan Middle School, and Sheridan 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.