$85,000
SOLD MAR 6, 2015

1216 Busby Rd Lapel, IN 46051

3 Beds
1 Bath
1,316 Sq Ft
7,928 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

7% Below List Price

28 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Garage

About This Home

As of August 2018

Spacious single story 3 bedroom home is ready and waiting for your designs to come to life. A must see! This is a Fannie Mae HomePath property. Don't miss this wonderful opportunity - view and submit your offer today!

Last Agent to Sell the Property

Chris Camperelli

eXp Realty, LLC License #RB14024589 Listed on: 12/30/2014

eXp Realty, LLC

Last Buyer's Agent

Julie Schnepp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1981

Parking

  • Garage

Home Design

  • 1,316 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 7,928 Sq Ft Lot
  • Baseboard Heating

Community Details

  • Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481028101109000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1981
  • Garage Y N: Yes
  • Lot Size Acres: 0.182
  • Subdivision Name: MEADOWS
  • Inspection Warranties: Not Applicable
  • Property Description: Spacious single story 3 bedroom home is ready and waiting for your designs to come to life. A must see! This is a Fannie Mae HomePath property. Don't miss this wonderful opportunity - view and submit your offer today!
  • Transaction Type: Sale
  • Website: www.kanantikrealty.com
  • Website: www.homepath.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1316
  • Other Equipment: Smoke Detector
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1316
  • Main Level Sq Ft: 1316
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1316
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Other
  • Disclosures: BankOwned
  • Foundation Details: Slab
  • List Price: 91000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Heating: Baseboard
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481028101109000032
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 7919

Tax Info

  • Tax Annual Amount: 748
  • Semi Annual Property Tax Amt: 374
  • Tax Exemption: None

MLS Schools

  • School District: Lapel High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 17, 2018
Sold by
Forrer Jack B
Bought by
Brittany Hinderliter
Seller's Agent
Julie Schnepp
RE/MAX Legacy
Buyer's Agent
Rita Taylor
F.C. Tucker Company
List Price
$137,900
Sold Price
$135,000
Premium/Discount to List
-$2,900
-2.1%
Current Estimated Value
$223,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,026
Avg. Annual Appreciation
7.42%
Original Mortgage
$136,363
Outstanding Balance
$119,646
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$100,616

Purchase Details

Listed on
Dec 30, 2014
Closed on
Mar 5, 2015
Sold by
Federal National Mortgage Association
Bought by
Forrer Jack B
Seller's Agent
Chris Camperelli
eXp Realty, LLC
Buyer's Agent
Julie Schnepp
List Price
$91,000
Sold Price
$85,000
Premium/Discount to List
-$6,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$86,734
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Madison County Sheriff
Bought by
Federal National Mortgage Association
Source: Public Records

Similar Home in Lapel, IN

Range of Values:

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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 Type Sale Price Title Company
Deed $135,000 --
Warranty Deed $135,000 Meridian Title Corporation
Warranty Deed -- --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,363 New Conventional
Previous Owner $86,734 New Conventional
Previous Owner $94,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $135,000 -2.1% $103 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $137,900 +62.2% $105 / Sq Ft
03/06/2015 03/06/15 Sold $85,000 -6.6% $65 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $91,000 -- $69 / 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 $1,246 $124,600 $17,400 $107,200
2023 $1,144 $113,800 $16,500 $97,300
2022 $1,071 $107,400 $15,600 $91,800
2021 $968 $99,300 $15,600 $83,700
2020 $946 $94,900 $14,900 $80,000
2019 $949 $97,300 $14,900 $82,400
2018 $873 $89,600 $14,900 $74,700
2017 $799 $88,700 $14,900 $73,800
2016 $786 $88,700 $14,900 $73,800
2014 $1,754 $87,700 $14,900 $72,800
2013 $1,754 $87,700 $14,900 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21329785

MIBOR Broker Listing Cooperative®

APN: 48-10-28-101-109.000-032