NOT LISTED FOR SALE

14227 W Us Highway 40 Cambridge City, IN 47327

Estimated Value: $125,570 - $172,000

3 Beds
1 Bath
1,608 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $22,500 $14 Per Sq Ft

Est. 558% increase in value since last sale

Current estimated payment $831/month

Highlights

  • Deck
  • Central Air
  • Wood Burning Fireplace

About This Home

As of May 2016

3 bedroom home in Western Wayne Schools. 1 1/2 story-priced below assessed value. Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Terry Jenkins

Jenkins Real Estate License #RB14013904 Listed on: 01/05/2016

Last Buyer's Agent

Tyler Fortman

Coldwell Banker Lingle License #RB15000149

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1850

Lot Details

  • 0.65 Acre Lot
  • Chain Link Fence

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,608 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Western Wayne Elementary And Middle School
  • Western Wayne High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1850

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 14227 W us 40
  • Second Address Number: 14227
  • Estimated Year Built: 1850
  • Bank Corporate Owned: Yes
  • E X E M P T: Homestead Credit, Mortgage
  • F I N A N C I N G O F F E R E D: Cash
  • Geo Address Line: 14227 W US-40
  • Geo Longitude: -85.1439666748047
  • Geo Primary City: Cambridge City
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Building Style: Other
  • Taxes Half: 686.01
  • Total Assessed Value: 65200
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1850

Interior Features

  • Total Number Rooms: 7
  • Primary Bathroom: No
  • Has Basement: Yes, Partial Basement, Unfinished
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Burning
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 13.99
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Fencing: Chain
  • Foundation: Basement
  • Porch/Deck Type: Deck
  • Roof Type: Shingle

Garage/Parking

  • Driveway: yes
  • Garage Capacity: 0

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Duke Energy
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Gas
  • Sewer: Septic
  • Hot Water: Well

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Western Wayne
  • Middle School: Western Wayne
  • High School: Western Wayne
  • Elementary School: Western Wayne
  • High School: Western Wayne
  • Middle School: Western Wayne

Lot Info

  • Geo Update Timestamp: 2016-05-05
  • Estimated Number Acres: 0.65
  • Land Contract: No
  • Zoning: residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Fbi Properties Llc
Bought by
Morris Cole B
Current Estimated Value
$148,143

Purchase Details

Closed on
Nov 23, 2020
Sold by
Epsey Trish A
Bought by
Fbi Proeprties Llc

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 28, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Fbi Properties Llc
Seller's Agent
Terry Jenkins
Jenkins Real Estate
Buyer's Agent
Tyler Fortman
Coldwell Banker Lingle
List Price
$41,500
Sold Price
$22,500
Premium/Discount to List
-$19,000
-45.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Nov 11, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 21, 2015
Sold by
Sheriff Jeffrey F Cappa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 24, 2006
Sold by
Hancock Franklin C and Hancock Kelley J
Bought by
Henson Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,934
Interest Rate
6.37%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morris Cole B -- None Available
Fbi Proeprties Llc -- None Available
Fbi Properties Llc -- Attorney
Secretary Of Veterans Affairs $23,800 --
Wells Fargo Bank Na $23,800 --
Henson Ronald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henson Ronald E $69,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2016 05/04/16 Sold $22,500 -45.8% $14 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $41,500 -- $26 / Sq Ft
Source: Richmond Association of REALTORS®

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 $534 $84,800 $15,200 $69,600
2023 $457 $77,800 $13,800 $64,000
2022 $433 $76,800 $13,700 $63,100
2021 $408 $71,700 $13,700 $58,000
2020 $406 $73,900 $13,700 $60,200
2019 $1,402 $70,100 $13,700 $56,400
2018 $751 $37,500 $13,700 $23,800
2017 $747 $37,300 $13,700 $23,600
2016 $747 $67,900 $13,700 $54,200
2014 $1,372 $68,600 $13,700 $54,900
2013 $1,372 $69,900 $13,700 $56,200
Source: Public Records

Agents Affiliated with this Home

  • Terry Jenkins

    Seller's Agent in 2016

    Terry Jenkins

    Jenkins Real Estate

    (765) 962-0523

    49 Total Sales

    Terry Jenkins
    Section Image
  • Tyler Fortman

    Buyer's Agent in 2016

    Tyler Fortman

    Coldwell Banker Lingle

    (765) 277-6607

    247 Total Sales

    Tyler Fortman
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10027155

APN: 89-08-25-100-104.001-015

Indiana Wayne County Cambridge City 47327

14227 W Us Highway 40, Cambridge City, IN

This home is located at 14227 W Us Highway 40, Cambridge City, IN 47327 since 05 January 2016 and is currently estimated at $148,143, approximately $92 per square foot. This property was built in 1850. 14227 W Us Highway 40 is a home located in Wayne County with nearby schools including Western Wayne Elementary School, Lincoln Middle School, and Lincoln Senior High School.

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