NOT LISTED FOR SALE

15961 Cedar Rd Bourbon, IN 46504

Estimated Value: $383,000 - $424,000

5 Beds
3 Baths
2,848 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $305,555 $107 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,347/month

3 Days on Market

Highlights

  • Corner Lot
  • Pasture
  • Geothermal Heating and Cooling
  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Siding

About This Home

As of July 2021

5 Acres w’fenced pasture, 36x40 horse barn (5 stalls) & 24x36 workshop w’oversized garage door. You’ll buy it for the location & setting but this mid century home offers oversized living w’an open concept & abundance of windows & a layout that will work well for any size family! 2 Master Suites; 4 Bedrooms PLUS playroom/office. Nice outdoor areas for enjoying the best of country living!

Last Agent to Sell the Property

Teresa Bakehorn

Our House Real Estate Listed on: 06/12/2021

Last Buyer's Agent

Teresa Bakehorn

Our House Real Estate Listed on: 06/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1970

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Electric Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Triton Elementary And Middle School
  • Triton High School

Farming

  • Pasture

Utilities

  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-24-06-000-025.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1970
  • Style: One Story
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: SW COR OF SE1/4 TH N89-47-51E 838.44 TO POB TH N0-56-43W 656 TH N89-47-51E 332 TH S0-56-43E 656 TH S89-47-51W 332' TO POB
  • Parcel Number ID: 50-24-06-000-025.000-012
  • Platted: Yes
  • Grid: 110 Marshall Co.
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2848
  • Total Finished Sq Ft: 2848
  • Above Grade Finished Sq Ft: 2848
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Bedroom 1: Dimensions: 20x18, On Level: Main
  • Bedroom 2: Dimensions: 16x16, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 13x12, On Level: Main
  • Bedroom 5: Dimensions: 16x18, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None, Dimensions: 24x36
  • Fence: Electric
  • Outbuilding2: Dimensions: 36x40, 1440

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Triton

Lot Info

  • Lot Description: Corner, Level, Pasture
  • Lot Dimensions: 5 acres
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 1631

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
Jun 12, 2021
Closed on
Jul 16, 2021
Sold by
Bell Jennifer
Bought by
Strohl Stephani Marie and Ramey Michael James
Seller's Agent
Teresa Bakehorn
Our House Real Estate
Buyer's Agent
Teresa Bakehorn
Our House Real Estate
List Price
$299,900
Sold Price
$305,555
Premium/Discount to List
$5,655
1.89%
Current Estimated Value
$407,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,025
Avg. Annual Appreciation
6.83%
Original Mortgage
$290,277
Outstanding Balance
$263,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$144,199

Purchase Details

Closed on
Mar 7, 2019
Sold by
Bell Jennifer and Bell Kyle
Bought by
Bell Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,237
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2016
Sold by
Summers Cameron D
Bought by
Bell Kyle and Bell Jennifer

Purchase Details

Closed on
Jun 5, 2013
Sold by
Strait Richard D
Bought by
Summers Cameron D and Kindig Kayla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Strohl Stephani Marie -- None Available
Bell Jennifer -- Freibert Title Group Llc
Bell Kyle $225,000 --
Summers Cameron D -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strohl Stephani Marie $290,277
Previous Owner Bell Jennifer $220,237
Previous Owner Summers Cameron D $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $305,555 +1.9% $107 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $299,900 -- $105 / 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 $2,326 $359,400 $43,000 $316,400
2022 $2,326 $300,000 $35,800 $264,200
2021 $1,781 $264,500 $31,200 $233,300
2020 $1,631 $253,600 $30,000 $223,600
2019 $1,492 $231,800 $28,700 $203,100
2018 $606 $196,900 $23,200 $173,700
2017 $1,048 $168,900 $22,800 $146,100
2016 $820 $150,800 $23,300 $127,500
2014 $854 $150,800 $21,200 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202122481

Indiana Regional MLS

APN: 50-24-06-000-025.000-012