$280,000
SOLD NOV 27, 2024

15538 N State Road 37 Elwood, IN 46036

3 Beds
1 Bath
1,858 Sq Ft
6 Acres

Recently Sold

$151 Per Sq Ft

20% Below List Price

79 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • Formal Dining Room

About This Home

As of November 2024

3-bedroom 1 bath country farmhouse located on State Road 37 situated between Elwood and Marion. This home comes with a 2-car detached garage on 6 acres, large 36x60 barn with hay loft, grain silo, and an additional 28x44 barn. Original hardwood flooring throughout the home. The interior of the home has been freshly painted and bathroom remodeled. The property landscape has recently been graded and has new grass seed planted. So many options for this property. The possibilities are Endless. **Seller has installed new garage door to garage. **

Last Agent to Sell the Property

Jon Ash

Arc Realty Brokerage Email: jonashrealtor@yahoo.com License #RB14045531 Listed on: 07/24/2024

Last Buyer's Agent

Frankie House

CENTURY 21 Scheetz License #RB14049995

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 1939

Lot Details

  • 6 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Paddle Fans
  • Wood Frame Window
  • Formal Dining Room
  • Country Kitchen
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Madison-Grant Jr./Sr. High School

Utilities

  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association
  • Boones Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 30
  • Assessor Parcel Number 480230200001001008
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,770

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1939
  • Building Area Total: 2890
  • Garage Y N: Yes
  • Lot Size Acres: 6
  • Subdivision Name: Boones
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jonashrealtor@yahoo.com
  • Attribution Contact: jonashrealtor@yahoo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Paddle Fan, Hardwood Floors, Windows Wood, Wood Work Stained
  • Living Area: 1858
  • Main Level Bedrooms: 1
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1032
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 826
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 349900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Fuel: No Fuel Source
  • Garage Sq Ft: 480

Utilities

  • Utilities: Electricity Connected
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Baseboard
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Access, Corner Lot, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 261425
  • Parcel Number: 480230200001001008
  • Acres: 5-10 Acres
  • Price Acre: 46667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4770
  • Tax Block: 30
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 2385
  • Tax Exemption: None

MLS Schools

  • High School: Madison-Grant Jr./Sr. High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Nov 26, 2024
Sold by
Nichols Todd
Bought by
Morris Cooper D and Morris Haley B
Seller's Agent
Jon Ash
Arc Realty
Buyer's Agent
Frankie House
CENTURY 21 Scheetz
List Price
$349,900
Sold Price
$280,000
Premium/Discount to List
-$69,900
-19.98%
Views
1216
Current Estimated Value
$300,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,333
Avg. Annual Appreciation
14.09%
Original Mortgage
$16,800
Outstanding Balance
$16,739
Interest Rate
6.54%
Estimated Equity
$289,928

Purchase Details

Closed on
Mar 11, 2024
Sold by
Brittany Farms Llc
Bought by
Nichols Todd

Purchase Details

Closed on
Jan 24, 2024
Sold by
Lecount Family Revocable Trust
Bought by
Brittany Farms Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Warranty Deed -- Fidelity National Title
Warranty Deed $132,000 None Listed On Document
Deed $1,519,200 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,800 No Value Available
Closed $16,800 No Value Available
Open $274,928 FHA
Closed $274,928 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $280,000 -20.0% $151 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $349,900 -- $188 / 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 $6,555 $406,700 $265,900 $140,800
2023 $4,771 $354,000 $225,600 $128,400
2022 $4,299 $315,400 $183,400 $132,000
2021 $3,740 $279,200 $161,700 $117,500
2020 $3,679 $285,100 $159,700 $125,400
2019 $4,045 $299,300 $188,700 $110,600
2018 $4,211 $296,900 $193,900 $103,000
2017 $4,211 $319,400 $218,700 $100,700
2016 $4,110 $320,600 $230,000 $90,600
2014 $3,788 $326,600 $238,200 $88,400
2013 $3,788 $296,800 $208,400 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21992290

MIBOR Broker Listing Cooperative®

APN: 48-02-30-200-001.000-008