NOT LISTED FOR SALE

14487 Elm Rd Bourbon, IN 46504

Estimated Value: $478,000 - $705,000

3 Beds
2.5 Baths
2,713 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $550,000 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,472/month

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Cathedral Ceiling
  • 18 Acre Lot
  • Partially Wooded Lot
  • Screened Porch

About This Home

As of November 2021

Here is your opportunity to own a beautiful piece of property in the small town of Bourbon, recently named one of the most beautiful small towns in Indiana. This property generously displays 18 acres, which includes 7 acres of farmland and 8 wooded acres. The fun begins on the property with trails throughout the woods and a clearing for a campfire deep within. The pole barn, built in 2018, is ready to house all of your tools, toys, and ATV's. The farmland is leased and provides annual income. The home offers a split floor plan with an open concept living area as you walk through the front door. All doors and cabinetry are solid wood. The large master bedroom features a 6x8 walk in closet and a tiled walk in shower. The entertainment continues downstairs with a living space, which features a bar area and half bath. Enjoy your evenings on the screened in porch watching the deer meander throughout the lawn. A property like this only comes around once in awhile, don't let it pass you by!

Last Agent to Sell the Property

Erin Yeager

Lion Property Group, LLC Listed on: 09/03/2021

Co-Listed By

Alfredo Alvarado

Lion Property Group, LLC

Last Buyer's Agent

Erin Yeager

Lion Property Group, LLC Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 2008

Lot Details

  • 18 Acre Lot
  • Lot Dimensions are 1317 x 590
  • Rural Setting
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement

Schools

  • Triton Elementary And Middle School
  • Triton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-33-35-000-008.001-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,726

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Age: 13
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: ACREAGE: 18 N 18A OF E1/2 SE 1/4
  • Parcel Number ID: 50-33-35-000-008.001-012
  • Platted: Yes
  • Amenities: Built-In Speaker System, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Landscaped, Porch Covered, Porch Screened, Range/Oven Hook Up Gas, Split Br Floor Plan, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump
  • Location: Rural
  • Sp Lp Percent: 93.38
  • Year Taxes Payable: Pay 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3110
  • Total Finished Sq Ft: 2713
  • Above Grade Finished Sq Ft: 1555
  • Below Grade Finished Sq Ft: 1158
  • Below Grade Sq Ft: 397
  • Price Per Sq Ft: 353.7
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 11x20
  • Kitchen: Dimensions: 10x12
  • Breakfast Room: Dimensions: 10x6
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 19x13, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1555

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 30x40
  • Outbuilding2: Shed, Dimensions: 12x8, 96

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 19x21
  • Garage Sq Ft: 399
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan
  • Well Type: Private

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton
  • Elementary School: Triton

Lot Info

  • Lot Description: Partially Wooded, 15+
  • Lot Dimensions: 1317 x 590
  • Estimated Lot Sq Ft: 784080
  • Estimated Lot Size Acres: 18

Green Features

  • Energy Efficient Windows/Doors: Storm Doors

Tax Info

  • Annual Taxes: 1726
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Triton
  • Middle School: Triton
  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 1, 2021
Sold by
Tener Gary A and Tener Nancy L
Bought by
Robinson Michael and Robinson Stacy
Seller's Agent
Erin Yeager
Lion Property Group, LLC
Buyer's Agent
Erin Yeager
Lion Property Group, LLC
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$590,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,425
Avg. Annual Appreciation
1.97%
Original Mortgage
$315,000
Outstanding Balance
$291,258
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$299,167

Purchase Details

Closed on
Nov 20, 2006
Sold by
Metheny Roger and Metheny Ernie
Bought by
Tener Gary A and Tener Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Robinson Michael -- Mtc
Tener Gary A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Michael $315,000
Previous Owner Tener Gary A $272,000
Previous Owner Tener Gary A $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $550,000 -6.6% $203 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $589,000 -- $217 / 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 $2,194 $338,600 $57,900 $280,700
2022 $2,194 $289,300 $45,200 $244,100
2021 $1,871 $229,800 $37,000 $192,800
2020 $1,726 $222,100 $35,900 $186,200
2019 $1,308 $178,900 $36,700 $142,200
2018 $1,102 $154,400 $32,000 $122,400
2017 $934 $144,400 $33,400 $111,000
2016 $928 $149,600 $34,600 $115,000
2014 $923 $148,000 $37,500 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202136919

Indiana Regional MLS

APN: 50-33-35-000-008.001-012