NOT LISTED FOR SALE

1608 S Morgantown Rd Morgantown, IN 46160

Estimated Value: $389,000 - $439,000

5 Beds
3 Baths
3,890 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $235,000 $60 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,548/month

67 Days on Market

Highlights

  • Family Room with Fireplace
  • Cathedral Ceiling
  • Shed
  • Ranch Style House
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

Ready to invest? This is a dream property for the savvy investor who knows a good deal when they see one. This ranch with a walkout basement needs love and attention but once buffed and polished will be the brightest gem around. 8.15 acres with no covenants and restrictions with an outbuilding screams money maker. Build a dream home and your wealth at the same time!

Last Listed By

Michelle Chandler

Keller Williams Indy Metro S Listed on: 08/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1975

Lot Details

  • 8.15

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,890 Sq Ft Home
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Walk-Out Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Additional Features

  • Shed
  • 8.15 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 551412300001000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1975
  • Building Area Total: 3890
  • Co List Office Phone: 765-342-5500
  • Garage Y N: Yes
  • Lot Size Acres: 8.15
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.sheliaandmichelle.com
  • Website: www.calluscallitsold.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Walk Out
  • Appliances: Other
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Insert, Great Room
  • Fireplaces: 2
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s)
  • Other Equipment: Not Applicable
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1945
  • Main Level Sq Ft: 1945
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Deck
  • Below Grade Sq Ft: 1945
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Gravel
  • Foundation Details: Block
  • List Price: 230000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Open Patio

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Electric,Propane
  • Garage Parking Description: Attached,Detached
  • Garage Parking Other: Side Load Garage
  • Garage Sq Ft: 600

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551412300001000012
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,Rural No Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 8.15

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1574
  • Semi Annual Property Tax Amt: 787
  • Tax Exemption: None

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Dec 2, 2019
Sold by
Hoehn Lucinda
Bought by
Ramsey Malcolm T
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
Marsha Ramons
Dubois Realty Co., Inc.
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Total Days on Market
67
Current Estimated Value
$411,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,314
Avg. Annual Appreciation
10.88%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2016
Sold by
Johnson Galbreath Dawn M
Bought by
Hoehn Tedd and Hoehn Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,161
Interest Rate
5.5%
Mortgage Type
FHA

Range of Values:

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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
Ramsey Malcolm T -- Title Alliance Of Indy Metro
Hoehn Tedd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Malcolm T $299,000
Closed Ramsey Malcolm T $188,000
Previous Owner Hoehn Tedd $206,250
Previous Owner Hoehn Tedd $177,161
Previous Owner Galbreath Christopher W $30,000
Previous Owner Galbreath Christopher W $208,900
Previous Owner Galbreath Christopher W $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $235,000 +2.2% $60 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $230,000 0.0% $59 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $230,000 -- $59 / 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 $3,218 $414,600 $152,200 $262,400
2023 $2,592 $399,700 $152,200 $247,500
2022 $2,321 $343,700 $131,500 $212,200
2021 $1,536 $249,400 $86,500 $162,900
2020 $1,401 $249,900 $86,500 $163,400
2019 $1,740 $307,900 $86,500 $221,400
2018 $1,573 $293,400 $85,500 $207,900
2017 $1,605 $290,200 $85,500 $204,700
2016 $1,468 $260,700 $82,500 $178,200
2014 $1,158 $258,400 $82,500 $175,900
2013 $1,158 $255,100 $82,500 $172,600
Source: Public Records

Agents Affiliated with this Home

  • Michelle Chandler

    Seller's Agent in 2019

    Michelle Chandler

    Keller Williams Indy Metro S

    Section Image
  • Sheila Scott

    Seller Co-Listing Agent in 2019

    Sheila Scott

    Keller Williams Indy Metro S

    (765) 318-1031

    51 Total Sales

    Section Image
  • Marsha Ramons

    Buyer's Agent in 2019

    Marsha Ramons

    Dubois Realty Co., Inc.

    (317) 796-2921

    28 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21663994

MIBOR Broker Listing Cooperative®

APN: 55-14-12-300-001.000-012

Indiana Morgan County Morgantown 46160

1608 S Morgantown Rd, Morgantown, IN

Homes for Sale in Morgantown, IN

This home is located at 1608 S Morgantown Rd, Morgantown, IN 46160 since 23 August 2019 and is currently estimated at $411,314, approximately $105 per square foot. This property was built in 1975. 1608 S Morgantown Rd is a home located in Morgan County with nearby schools including Indian Creek Elementary School, Indian Creek Intermediate School, and Indian Creek Middle 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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