NOT LISTED FOR SALE

1555 Mt Gilead Rd Boonville, IN 47601

Estimated Value: $488,000 - $672,000

3 Beds
2.5 Baths
2,183 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $355,000 $163 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,278/month

84 Days on Market

Highlights

  • Primary Bedroom Suite
  • 51 Acre Lot
  • Ranch Style House
  • Oakdale Elementary School Rated A-
  • Heavily Wooded Lot
  • Formal Dining Room

About This Home

As of November 2018

Over 50 Acres in Boonville. This brick ranch has so much to offer. Split bedroom floor plan, Spacious open Great room, eat in kitchen, formal dining room or office. The seller added a wonderful sun room that overlooks the private backyard where you can see the wildlife. 60 x 40 Pole Barn with three garage doors, insulated with electricity. Whole house backup generator. The 51 acres is two parcels that will stay together, and have been claimed as classified forest and wildlands, so taxes are low. There are cleared trails and a couple "park" style clearings. This is a beautiful land that has been well cared for.

Last Agent to Sell the Property

Julie Bosma

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/18/2018

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Julie Bosma

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/18/2018

ERA FIRST ADVANTAGE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1998

Lot Details

  • 51 Acre Lot
  • Heavily Wooded Lot

Parking

  • 2.5 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,183 Sq Ft Home
  • Formal Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Schools

  • Oakdale Elementary School
  • Boonville Middle School
  • Boonville High School

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 87-13-11-300-100.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 20
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW & PT SW SE S11 T6 R8 27.392 A PARCEL 2B EX DIVISION DOC # 1999R 012322... | PT SW & PT SW SE S11 T6 R8 24.505 A PARCEL 2A EX DIVISION DOC # 1999R 012322...
  • Parcel Number ID: 87-13-11-300-100.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Eat-In Kitchen, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry
  • Parcel Id2: 871311300099000002
  • Sp Lp Percent: 92.21
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2183
  • Total Finished Sq Ft: 2183
  • Above Grade Finished Sq Ft: 2183
  • Price Per Sq Ft: 162.62
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 25x17, On Level: Main
  • Kitchen: Dimensions: 21x12, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Extra Room: Sun Room, Dimensions: 16x14
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Pole/Post Building, Dimensions: 60x40

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 25x27
  • Garage Sq Ft: 675
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: Warrick County School Corp.
  • Elementary School: Oakdale
  • Middle School: Boonville
  • High School: Boonville
  • Elementary School: Oakdale

Lot Info

  • Lot Description: Heavily Wooded, 15+
  • Lot Dimensions: 51 Acres
  • Estimated Lot Sq Ft: 2221560
  • Estimated Lot Size Acres: 51

Tax Info

  • Annual Taxes: 1620
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Boonville
  • Middle School: Boonville
  • School District: Warrick County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Heineman Darrell L and Heineman Linda J
Bought by
Derr Robert Aaron and Derr Jennifer
Current Estimated Value
$583,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$513,453
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$70,150

Purchase Details

Listed on
Jul 18, 2018
Closed on
Nov 14, 2018
Sold by
Ritzert Marygayle O
Bought by
Heineman Darrell L and Heineman Linda J
Seller's Agent
Julie Bosma
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Julie Bosma
ERA FIRST ADVANTAGE REALTY, INC
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$180,000
Interest Rate
4.9%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Derr Robert Aaron -- None Listed On Document
Derr Robert A -- None Listed On Document
Heineman Darrell L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derr Robert A $520,000
Previous Owner Heineman Darrell L $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $355,000 -7.8% $163 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $385,000 -3.5% $176 / Sq Ft
07/18/2018 07/18/18 For Sale $399,000 -- $183 / 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 $2,202 $289,300 $44,100 $245,200
2023 $2,393 $295,600 $44,100 $251,500
2022 $2,315 $260,900 $30,300 $230,600
2021 $1,921 $209,400 $13,500 $195,900
2020 $1,966 $204,700 $13,400 $191,300
2019 $1,880 $192,200 $13,400 $178,800
2018 $1,663 $181,600 $13,400 $168,200
2017 $1,622 $178,200 $13,400 $164,800
2016 $1,622 $179,400 $13,100 $166,300
2014 $1,600 $182,800 $13,100 $169,700
2013 $1,622 $187,800 $13,100 $174,700
Source: Public Records

Agents Affiliated with this Home

  • Julie Bosma

    Seller's Agent in 2018

    Julie Bosma

    ERA FIRST ADVANTAGE REALTY, INC

    (812) 457-6968

    291 Total Sales

    Julie Bosma
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Map

Source: Indiana Regional MLS

MLS Number: 201831770

Indiana Regional MLS

APN: 87-13-11-300-100.000-002

Indiana Warrick County Boonville 47601

1555 Mt Gilead Rd, Boonville, IN

This home is located at 1555 Mt Gilead Rd, Boonville, IN 47601 since 18 July 2018 and is currently estimated at $583,603, approximately $267 per square foot. This property was built in 1998. 1555 Mt Gilead Rd is a home located in Warrick County with nearby schools including Oakdale Elementary School, Boonville Middle School, and Boonville 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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