NOT LISTED FOR SALE

1486 S 500 E Monroe, IN 46772

Estimated Value: $367,000 - $578,484

5 Beds
0.5 Bath
3,564 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $950,000 $267 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $2,950/month

7 Days on Market

Highlights

  • 31 Acre Lot
  • 2 Car Detached Garage
  • Level Lot
  • Adams Central Middle School Rated A-
  • Pasture

About This Home

As of March 2022

Real Estate Auction! 31 +/- acre Homestead in Adams County Indiana. Farm will pay for itself! Included in the sale: Great set of buildings * Pond * Establish Produce Business * Deer Processing Business * Potato Business that sold 4000, 50 lb. bags in 2021. The businesses included are great money makers. 1 Tunnel Green House included in sale; 2 others are available for purchase by the new buyers. No equipment included with 3 businesses. A great opportunity to purchase a large farm that has been tiled, and very well taken care of! The Home has no indoor plumbing nor electric.

Last Agent to Sell the Property

Delmar Wagler

Integrity Realty Group LLC Brokerage Phone: 812-787-2683 Listed on: 02/11/2022

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC Brokerage Phone: 812-787-2683 Listed on: 02/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 1997

Lot Details

  • 31 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • 1 Bathroom in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 0.5 Bathroom

Schools

  • Adams Central Elementary And Middle School
  • Adams Central High School

Farming

  • Pasture

Utilities

  • Heating System Uses Coal
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-09-08-200-008.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,741

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Age: 25
  • Style: Two Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: E PT S/2 S/2 NE SEC 8 (31A)
  • Parcel Number ID: 01-09-08-200-008.000-001
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 5090
  • Total Finished Sq Ft: 3564
  • Above Grade Finished Sq Ft: 3564
  • Below Grade Sq Ft: 1526
  • Price Per Sq Ft: 266.55
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 14x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Upper
  • Bedroom 5: Dimensions: 12x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1526

Exterior Features

  • Exterior: Metal, Vinyl
  • Outbuilding1: Barn, Dimensions: 72x40

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 48x30
  • Garage Sq Ft: 1440
  • Garage: Yes

Utilities

  • Heating Fuel: Coal, Wood
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Adams Central
  • Elementary School: Adams Central
  • Middle School: Adams Central
  • High School: Adams Central
  • Elementary School: Adams Central

Lot Info

  • Lot Description: Level, Pasture
  • Lot Dimensions: 31 acres
  • Estimated Lot Sq Ft: 1350360
  • Estimated Lot Size Acres: 31

Tax Info

  • Annual Taxes: 3741
  • Total Assessed Value: 333000

MLS Schools

  • High School: Adams Central
  • Middle School: Adams Central
  • School District: Adams Central

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schwartz Mervin I $235,000
Closed Schwartz Mervin I $218,000
Closed Schwartz Mervin I $91,000
Closed Schwartz Mervin I $40,000
Closed Schwartz Mervin I $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $950,000 +94900.0% $267 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,000 -- $0 / 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 $5,187 $454,700 $84,300 $370,400
2023 $5,216 $430,400 $74,300 $356,100
2022 $4,784 $406,700 $63,900 $342,800
2021 $3,827 $333,400 $55,500 $277,900
2020 $3,779 $333,000 $55,200 $277,800
2019 $3,671 $341,100 $62,500 $278,600
2018 $3,741 $342,900 $63,800 $279,100
2017 $3,516 $303,600 $68,100 $235,500
2016 $2,888 $308,300 $71,000 $237,300
2014 $2,927 $303,800 $73,400 $230,400
2013 $3,117 $298,800 $65,800 $233,000
Source: Public Records

Agents Affiliated with this Home

  • Delmar Wagler

    Seller's Agent in 2022

    Delmar Wagler

    Integrity Realty Group LLC

    (812) 787-2683

    333 Total Sales

    Delmar Wagler
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Map

Source: Indiana Regional MLS

MLS Number: 202204523

Indiana Regional MLS

APN: 01-09-08-200-008.000-001

Indiana Adams County Monroe 46772

1486 S 500 E, Monroe, IN

This home is located at 1486 S 500 E, Monroe, IN 46772 since 11 February 2022 and is currently estimated at $472,742, approximately $132 per square foot. This property was built in 1997. 1486 S 500 E is a home located in Adams County with nearby schools including Adams Central Elementary School, Adams Central Middle School, and Adams Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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