$305,000
SOLD MAY 2, 2022

1394 N Michigan Rd Shelbyville, IN 46176

3 Beds
2 Baths
3,052 Sq Ft
1.07 Acres

Recently Sold

$100 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • 1.07 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Family Room with Fireplace
  • Traditional Architecture
  • Wood Frame Window

About This Home

As of May 2022

Historic home over 100 years old, located high on a hill overlooking Shelbyville, 1.07 Ac lot, Stately home featuring Formal Living and Dining Rooms, Country kitchen with a large island, granite counter tops, Farm sink, Family Room with built-in bookshelves, Full bath on Main floor and laundry area in kit on main, upstairs - 3 bedrooms, full bath and a cozy landing area. Lrg 2 car att garage. An out-building w/1 car garage bay, summer kit, game area/office, full BA, second flr has a bonus room - this area would make a great workshop or home office. Covered area on side, fenced back yard, patio, play area. Updates in media, two furnaces (both gas) and two A/C units in the main house. The barn has both heat & A/C (Dual Zone Mini Split)

Last Agent to Sell the Property

Amy Limpus

The Property Shop of Indiana Listed on: 03/31/2022

Last Buyer's Agent

Marie Turner

Maximum Results Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1900

Lot Details

  • 1.07 Acre Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Basement
  • Basement Cellar
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 730731200009000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Building Area Total: 3052
  • Garage Y N: Yes
  • Lot Size Acres: 1.07
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.thepropertyshopofindiana.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Raised Ceiling(s), Hardwood Floors, Windows Wood
  • Other Equipment: Smoke Detector, Water-Softener Rented
  • Areas Interior: Foyer Large,Living Room Formal,Laundry Room Main Level
  • Eating Area: Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2512
  • Main Level Sq Ft: 1432
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Center Island,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 540
  • Upper Level Sq Ft: 1080
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Asphalt, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 298900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached,Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Service Door

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Dual, Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730731200009000001
  • Acres: 1-3 Acres
  • Lot Information: Not In Subdivision,Tree Mature,Trees Small
  • Lot Number: 2
  • Lot Size: 1.07

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1376
  • Semi Annual Property Tax Amt: 688
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 2, 2022
Sold by
Povinelli Ronald R
Bought by
Casey Thomas E and Casey Melissa A
Seller's Agent
Amy Limpus
The Property Shop of Indiana
Buyer's Agent
Marie Turner
Maximum Results Real Estate
List Price
$298,900
Sold Price
$305,000
Premium/Discount to List
$6,100
2.04%
Current Estimated Value
$366,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,207
Avg. Annual Appreciation
5.84%
Original Mortgage
$274,500
Outstanding Balance
$259,148
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$109,931

Purchase Details

Closed on
Nov 13, 2014
Sold by
Rush Barbara
Bought by
Povinelli Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jun 15, 2012
Sold by
Rush Barbara
Bought by
Povinelli Kim
Seller's Agent
Marge Crouch
Greentree Real Estate Group
Buyer's Agent
Andy Crouch
Greentree Real Estate Group
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
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 Type Sale Price Title Company
Warranty Deed $305,000 Security Title
Warranty Deed -- None Available
Deed $140,000 --
Land Contract -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Credit Line Revolving
Open $274,500 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $103,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $305,000 +2.0% $100 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $298,900 +113.5% $98 / Sq Ft
06/15/2012 06/15/12 Sold $140,000 0.0% $46 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $140,000 -- $46 / 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 $2,496 $297,400 $29,700 $267,700
2023 $2,307 $287,000 $29,700 $257,300
2022 $1,729 $214,000 $25,000 $189,000
2021 $1,374 $174,400 $25,000 $149,400
2020 $1,303 $168,800 $25,000 $143,800
2019 $1,240 $163,000 $25,000 $138,000
2018 $1,141 $151,600 $25,000 $126,600
2017 $1,563 $197,400 $25,000 $172,400
2016 $1,568 $195,800 $25,000 $170,800
2014 $1,463 $190,100 $25,000 $165,100
2013 $1,463 $190,100 $25,000 $165,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21846146

MIBOR Broker Listing Cooperative®

APN: 73-07-31-200-009.000-001