NOT LISTED FOR SALE

1340 E 500 S Cutler, IN 46920

Estimated Value: $96,000 - $212,000

2 Beds
1 Bath
1,324 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $51,500 $39 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $731/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Storm Windows
  • Forced Air Heating and Cooling System
  • Enclosed Patio or Porch
  • 1-Story Property
  • Ceiling Fan

About This Home

As of October 2020

Country setting on 1 acre with large open views of the farmland. 1-2 bedroom home , convenient to Lafayette and Kokomo with large living room and eat in kitchen with covered back porch over looking a big backyard for entertainment and play. With updating and remodeling this home offers easy and affordable country living.

Last Agent to Sell the Property

Bret Rinehart

Rinehart Real Estate Listed on: 09/01/2020

Last Buyer's Agent

Darlene Eikenberry

Rinehart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $172

Year Built

  • Built in 1930

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • Stone Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Gas Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Stone or Rock in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Carroll Elementary And Middle School
  • Carroll High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 08-13-02-000-012.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$172

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Style: One Story
  • Architectural Style: Square
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt NE 4 NW4 2-23-1 1ac
  • Parcel Number ID: 08-13-02-000-012.000-008
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Porch Covered, Porch Enclosed, Range/Oven Hook Up Gas, Storm Doors, Storm Windows
  • Location: Rural
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1324
  • Total Finished Sq Ft: 1324
  • Above Grade Finished Sq Ft: 1324
  • Basement Foundation: Crawl
  • Basement Material: Stone
  • Fireplace: Living/Great Rm, Wood Burning
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x24, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 23x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x21
  • Outbuilding2: Shed, Dimensions: 18x18, 324

Garage/Parking

  • Driveway: Stone

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Duke Energy Indiana
  • Laundry: Dimensions: Mainx6, On Level: 13
  • Well Type: Unknown

Schools

  • Elementary School: Carroll

Lot Info

  • Lot Description: Rolling, 0-2.9999
  • Lot Dimensions: 1 ac
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 172.46

MLS Schools

  • High School: Carroll
  • Middle School: Carroll
  • School District: Carroll Cons. School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 1, 2020
Sold by
Davis Clint P and Davis Jessica L
Bought by
Peterson Benjamin L and Peterson Jacob C
Seller's Agent
Bret Rinehart
Rinehart Real Estate
Buyer's Agent
Darlene Eikenberry
Rinehart Real Estate
List Price
$64,000
Sold Price
$51,500
Premium/Discount to List
-$12,500
-19.53%
Current Estimated Value
$137,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,892
Avg. Annual Appreciation
20.30%

Purchase Details

Closed on
Oct 22, 2018
Sold by
Davis Jerry C and Davis Linda S
Bought by
Davis Clint P and Davis Jessica L
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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Purchase History

Date Buyer Sale Price Title Company
Peterson Benjamin L -- Columbia Title Inc
Davis Clint P -- None Available
Davis Clint P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $51,500 -19.5% $39 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $64,000 -- $48 / 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
2025 $245 $102,300 $33,000 $69,300
2024 $245 $89,300 $33,000 $56,300
2023 $204 $76,500 $30,500 $46,000
2022 $204 $73,100 $30,500 $42,600
2021 $196 $66,400 $30,500 $35,900
2020 $181 $63,800 $30,500 $33,300
2019 $172 $58,800 $25,500 $33,300
2018 $171 $58,800 $25,500 $33,300
2017 $157 $57,400 $25,500 $31,900
2016 $148 $55,200 $25,500 $29,700
2014 $174 $67,600 $25,200 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035218

Indiana Regional MLS

APN: 08-13-02-000-012.000-008