NOT LISTED FOR SALE

Estimated Value: $87,141 - $142,000

3 Beds
1 Bath
1,528 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $7,000 $5 Per Sq Ft

Est. 1,490% increase in value since last sale

Current estimated payment $682/month

22 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Level Lot
  • 2 Car Detached Garage
  • Partially Fenced Property
  • Wood Siding

About This Home

As of December 2013

Renovation project! This home needs some work and will be a nice home when completed! Potential for 3 bedrooms, room for 2 bathrooms, detached garage, fenced back yard. If you enjoy restoring older homes, this could be the right one for you. Sold as is. Proof of funds and/or pre approval required with all offers. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with Wells Fargo Home Mortgage by working directly with a mortgage consultant or going online at www.wellsfargo.com. Buyers also have the option to provide proof of other credit decisioned financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter. Calendar Days 1-7: All offers will be rejected. We want REO's to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1.Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary

MEIAR NonMember

NonMember MEIAR Listed on: 10/03/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 331214340173000-016

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1917
  • Age: 97
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Thomas M Randle's Add Lot 152
  • Parcel Number ID: 331214340173000-016
  • Platted: Yes
  • Amenities: Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 1528
  • Total Finished Sq Ft: 1528
  • Above Grade Finished Sq Ft: 1528
  • Below Grade Sq Ft: 587
  • Price Per Sq Ft: 4.58
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 11x22, On Level: Main
  • Kitchen: Dimensions: 7x20, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 11x9
  • Bedroom 2: Dimensions: 12x16, On Level: Upper
  • Bedroom 3: Dimensions: 16x12, On Level: Upper
  • Total Below Grade Sq Ft: 587

Exterior Features

  • Exterior: Shingle, Vinyl, Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Unknown
  • Water Utilities: Unknown
  • Water Company: New Castle Utility

Condo/Co-op/Association

  • Other Fees Dollar: 15.5

Schools

  • Elementary School: Eastwood
  • Middle School: New Castle
  • High School: New Castle

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x132
  • Estimated Lot Sq Ft: 5227
  • Estimated Lot Size Acres: 0.12

Tax Info

  • Annual Taxes: 1043
  • Total Assessed Value: 50000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 26, 2013
Sold by
Wells Fargo Bank N A
Bought by
Correll Kristi
Buyer's Agent
MEIAR NonMember
NonMember MEIAR
List Price
$8,000
Sold Price
$7,000
Premium/Discount to List
-$1,000
-12.5%
Total Days on Market
22
Current Estimated Value
$111,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,285
Avg. Annual Appreciation
26.05%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jul 16, 2013
Sold by
Lowry William B
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Jun 29, 2007
Sold by
Lowry William B and 1321 Land Trust
Bought by
Lowry William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Lowry William B
Bought by
1321 Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Cit Group Consumer Finance Inc
Bought by
Lowry William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Estell Cecil D
Bought by
Cit Group/Consumer Finance Inc
Source: Public Records

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Range of Values:

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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
Correll Kristi -- None Available
Wells Fargo Bank N A -- None Available
Federal Home Loan Mortgage Corporation $10,500 None Available
Lowry William B -- None Available
1321 Land Trust -- None Available
Lowry William B -- Statewide Title Company Inc
Cit Group/Consumer Finance Inc $18,040 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowry William B $49,600
Previous Owner Lowry William B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $7,000 -12.5% $5 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $8,000 -- $5 / 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 $1,088 $54,400 $9,400 $45,000
2023 $986 $49,300 $9,400 $39,900
2022 $418 $41,800 $6,300 $35,500
2021 $365 $36,500 $6,300 $30,200
2020 $409 $35,200 $6,300 $28,900
2019 $395 $34,100 $6,300 $27,800
2018 $348 $32,700 $5,700 $27,000
2017 $352 $32,400 $5,700 $26,700
2016 $398 $37,900 $6,700 $31,200
2014 $505 $51,100 $8,300 $42,800
2013 $505 $49,100 $8,300 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20025492

Indiana Regional MLS

APN: 33-12-14-340-173.000-016