NOT LISTED FOR SALE

1531 Thorn Rd Walkerton, IN 46574

Estimated Value: $323,000 - $370,000

3 Beds
2 Baths
3,000 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $286,000 $95 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,159/month

1 Day on Market

Highlights

  • 15.1 Acre Lot
  • Recreation Room
  • Enclosed patio or porch
  • John Glenn High School Rated 9+
  • Den
  • Formal Dining Room

About This Home

As of November 2021

Looking for your piece of peace and quiet? 15 acres of ground, some tilled some mowed, large restored 2 story farm house Circa 1866 with wrap around covered porch. Natural oak wood work through out, 2 solid wooden staircases lead up to the 2nd level, 2 bedrooms up front, a bonus style room in the middle and a large primary bedroom with walk in closet and full bathroom with soaker tub. Main floor has large formal dining room, living room, front rec room, a den, kitchen with corian counter tops, solid wood cabinets and stainless steel appliances also a breakfast room, off the back of the living room is an enclosed porch, also a large mud room with additional counter tops and main floor laundry room. Newer updates include: Roof on home and garage, furnace, central air, and hot water heater within the last 6 years. There is also a 24x48 garage with upper level and a finished bonus room. English garden with potting shed and more! Home being sold As Is-As Seen

Last Listed By

Lisa Daniel-King

McColly Real Estate License #RB14025661 Listed on: 10/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1870

Lot Details

  • 15.1 Acre Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed patio or porch
  • Storage Shed

Schools

  • John Glenn High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 505129000046000011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,495

Year Built

Built in 1870

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1870
  • Co List Office Mls Id: GNR615
  • Subdivision Name: n/a
  • Architectural Style: Duplex, Two Story
  • GNR_Exterior: Aluminum Siding,Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 2
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Portable Dishwasher, Portable Gas Range, Microwave, Refrigerator
  • Interior Amenities: Den/Office, Finished Laundry Rm, Formal Dining, Main Bedroom Bath, Main Floor Bathroom, Main Floor Laundry
  • Basement: Enclosed
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Porch-Enclosed, Storage Shed
  • Acres: 15.098

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas, Propane

Lot Info

  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 657669
  • Parcel #: 505129000046000011

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1495

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: John Glenn High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 24, 2021
Sold by
Larkin Richard
Bought by
Fuchs Karl S
Seller's Agent
Lisa Daniel-King
McColly Real Estate
Buyer's Agent
Ginny Winn
Coldwell Banker 1st Choice
List Price
$286,000
Sold Price
$286,000
Total Days on Market
1
Current Estimated Value
$354,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,755
Avg. Annual Appreciation
10.89%
Original Mortgage
$277,420
Outstanding Balance
$257,696
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$150,453

Purchase Details

Closed on
Aug 2, 2013
Sold by
Galke Scott Robert and Galke Helen E
Bought by
Larkin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,700
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2009
Sold by
Galke Scott R and Galke Helen E
Bought by
Galke Scott Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Galke Scott Robert
Bought by
Galke Scott Robert and Galke Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.44%
Mortgage Type
New Conventional

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
Fuchs Karl S -- Fidelity National Title
Larkin Richard -- Meridian Title Corp
Galke Scott Robert -- Metropolitan Title
Galke Scott Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuchs Karl S $277,420
Previous Owner Larkin Richard $33,700
Previous Owner Larkin Richard $180,000
Previous Owner Galke Scott Robert $215,000
Previous Owner Galke Scott R $30,000
Previous Owner Galke Scott R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $286,000 0.0% $95 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $286,000 -- $95 / Sq Ft
Source: Northwest Indiana 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 $2,298 $341,500 $69,200 $272,300
2022 $2,298 $261,200 $51,500 $209,700
2021 $1,659 $199,200 $43,200 $156,000
2020 $1,495 $182,300 $40,000 $142,300
2019 $1,319 $166,500 $40,700 $125,800
2018 $1,340 $162,400 $40,300 $122,100
2017 $1,148 $158,200 $41,000 $117,200
2016 $1,084 $159,100 $41,800 $117,300
2014 $1,067 $159,400 $41,000 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR503168

Northwest Indiana Association of REALTORS®

APN: 50-51-29-000-046.000-011