NOT LISTED FOR SALE

12400 S State Road 42 Cloverdale, IN 46120

Estimated Value: $347,000 - $498,596

3 Beds
2 Baths
1,662 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $440,000 $265 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,480/month

224 Days on Market

Highlights

  • Home fronts a pond
  • Ranch Style House
  • No HOA
  • 14.61 Acre Lot
  • Pole Barn
  • Covered Patio or Porch

About This Home

As of April 2023

Country living at it's best! This 14.61 acre property is nestled 100+ yards off of St Rd 42 and backs up to Army Corp property. A 40X72 pole barn sits next to a stocked pond. It has a nice 20X30 concrete patio with a firepit and wiring for a hot tub. Also a cozy covered front porch. A jetted tub. Now hooked up to Cataract Lake Water Corp. Brand new septic system. A 30X30 attached garage that has a chute for firewood to the basement for the wood burning stove. And high speed internet for those work from home days. The kitchen was upgraded in 2018 which included granite countertops, under cabinet dimmable lighting, and overhead track lighting. Nice laminate flooring throughout most of the house.

Last Agent to Sell the Property

Richard Murphy

Lake Homes Realty of Indiana License #RB16000345 Listed on: 08/17/2022

Co-Listed By

William Titsworth

Lake Homes Realty of Indiana License #RB14047357

Last Buyer's Agent

Denis O'Brien

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1969

Lot Details

  • 14.61 Acre Lot
  • Home fronts a pond
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,662 Sq Ft Home
  • Wood Frame Window
  • Living Room with Fireplace
  • Vinyl Plank Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 02150199
  • Assessor Parcel Number 671614100009000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

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: 2021
  • Year Built: 1969
  • Building Area Total: 2716
  • Co List Office Phone: 866-525-3466
  • Garage Y N: Yes
  • Lot Size Acres: 14.61
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.lakehomes.com/
  • Accessibility Features YN: No
  • MBR_AttributionContact: rickmurphy2006@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Windows Wood, Hi-Speed Internet Availbl
  • Living Area: 1662
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1662
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Barn Pole, Dock, Out Building With Utilities
  • Foundation Details: Block, Block
  • List Price: 440000
  • Patio And Porch Features: Open Patio, Covered Porch
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Gravel
  • Fuel: Propane Leased
  • Garage Sq Ft: 900

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Rural - Not Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 636412
  • Parcel Number: 671614100009000002
  • Acres: 10-20 Acres
  • Price Acre: 30116.3586584531

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1064
  • Tax Lot: 02150199
  • Semi Annual Property Tax Amt: 532
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Apr 26, 2023
Sold by
Payne John S
Bought by
Price Colcolby Lee and Price Kassondra Joann
Seller's Agent
Richard Murphy
Lake Homes Realty of Indiana
Buyer's Agent
Denis O'Brien
Keller Williams Indy Metro S
List Price
$448,000
Sold Price
$440,000
Premium/Discount to List
-$8,000
-1.79%
Views
155
Current Estimated Value
$428,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,851
Avg. Annual Appreciation
0.57%
Original Mortgage
$322,000
Outstanding Balance
$314,114
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$131,795

Purchase Details

Closed on
Aug 31, 2020
Sold by
Payne John S
Bought by
Payne John S and Payne Kimberly K
Source: Public Records

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 Buyer Sale Price Title Company
Price Colcolby Lee -- None Listed On Document
Payne John S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Colcolby Lee $322,000
Previous Owner Payne John S $20,500
Previous Owner Payne John S $140,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $440,000 0.0% $265 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $440,000 -1.8% $265 / Sq Ft
03/26/2023 03/26/23 For Sale $448,000 +1.8% $270 / Sq Ft
10/11/2022 10/11/22 Off Market $440,000 -- --
09/27/2022 09/27/22 Price Changed $448,000 -0.4% $270 / Sq Ft
08/31/2022 08/31/22 Price Changed $450,000 -5.3% $271 / Sq Ft
08/17/2022 08/17/22 For Sale $475,000 -- $286 / 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 $1,979 $293,100 $42,800 $250,300
2023 $1,204 $168,800 $38,400 $130,400
2022 $1,064 $164,100 $33,700 $130,400
2021 $1,064 $147,100 $31,200 $115,900
2020 $1,103 $147,000 $31,100 $115,900
2019 $1,245 $157,900 $32,000 $125,900
2018 $1,272 $158,400 $32,500 $125,900
2017 $1,218 $154,200 $34,900 $119,300
2016 $1,208 $155,700 $36,000 $119,700
2014 $1,240 $163,500 $37,000 $126,500
2013 $1,240 $166,300 $34,000 $132,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Murphy

    Seller's Agent in 2023

    Richard Murphy

    Lake Homes Realty of Indiana

    (317) 600-8588

    43 Total Sales

    Richard Murphy
    Section Image

  • W

    Seller Co-Listing Agent in 2023

    William Titsworth

    Lake Homes Realty of Indiana

    (317) 850-2275

    52 Total Sales

    William Titsworth
    Section Image

  • D

    Buyer's Agent in 2023

    Denis O'Brien

    Keller Williams Indy Metro S

    Section Image

  • S

    Buyer Co-Listing Agent in 2023

    Stephanie Fields

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21878157

MIBOR Broker Listing Cooperative®

APN: 67-16-14-100-009.000-002

Indiana Putnam County Cloverdale 46120

12400 S State Road 42, Cloverdale, IN

This home is located at 12400 S State Road 42, Cloverdale, IN 46120 since 17 August 2022 and is currently estimated at $428,149, approximately $257 per square foot. This property was built in 1969. 12400 S State Road 42 is a home located in Putnam County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale 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.

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