NOT LISTED FOR SALE

16139 State Road 331 Bourbon, IN 46504

Estimated Value: $184,003 - $255,000

3 Beds
1 Bath
1,532 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $122,900 $80 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,273/month

154 Days on Market

Highlights

  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Bathtub with Shower
  • Workshop
  • Double Vanity
  • Forced Air Heating and Cooling System

About This Home

As of November 2017

Located in the southeastern corner of Marshall county, this charming 3 bedroom, 1 bath home allows for access to several communities with the peace and tranquility of country living. Built in 1875, this farm house has been completely remodeled and updated. However, the floor plan still provides for a cozy atmosphere that is typical for the time period. The master bedroom, bathroom, and laundry are all on the main level. The house sits on a 1.39 acre lot and has easy access to State Road 331 and State Road 10. The barn would be great for a starter farm. This property has been properly maintained with great landscaping and fresh paint on the house and barn. Are you looking for an old house, but you want updated windows, HVAC, appliances, electrical, and plumbing all within the past ten years? Or, are you looking for a great porch to sit on Sunday afternoons? Schedule your tour today!

Last Agent to Sell the Property

Anna Gilsinger

RE/MAX Results- Warsaw Listed on: 05/01/2017

RE/MAX Results- Warsaw

Last Buyer's Agent

Samantha Bowman

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1875

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 268 x 210
  • Rural Setting

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Workshop
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-23-12-000-006.003-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1875
  • Age: 142
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: ACREAGE: 1.39 PRT NE1/4 SEC 12 COMAT NE COR NE1/4 TH S0W 718.08' AT POB TH CONT S0W 210' TH
  • Parcel Number ID: 50-23-12-000-006.003-012
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Porch Covered, Range/Oven Hook Up Gas, Twin Sink Vanity, Tub/Shower Combination, Workshop, Main Floor Laundry, Sump Pump
  • Cross Street: SR 10
  • Grid: 40 - N.W. Kosc.
  • Legal Description2: N89-59-42W 288.63' TH N0E 210' TH S89-59-42E 288.63' TO POB
  • Location: Rural
  • Section Number: 12
  • Sp Lp Percent: 98.4
  • Special Features: None

Interior Features

  • Total Sq Ft: 1851
  • Total Finished Sq Ft: 1532
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Sq Ft: 319
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Dining Room: Dimensions: 14x18, On Level: Main
  • Bedroom 1: Dimensions: 9x14, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Main Level Sq Ft: 1116
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 319

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Barn, Dimensions: 40x26

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x16
  • Garage Sq Ft: 320

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Wall Heater
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Laundry: Dimensions: 11xMain, On Level: 14
  • Well Type: Private

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 268 x 210
  • Estimated Lot Sq Ft: 60548
  • Estimated Lot Size Acres: 1.39
  • Zoning: A-1 Conservation and Preservation District

Tax Info

  • Annual Taxes: 5
  • Exemptions: Disabled, Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Nov 1, 2017
Sold by
Johnson Jerry L and Johnson Linda D
Bought by
Elvidge Kimberly B
Seller's Agent
Anna Gilsinger
RE/MAX Results- Warsaw
Buyer's Agent
Samantha Bowman
CENTURY 21 Bradley Realty, Inc
List Price
$134,900
Sold Price
$122,900
Premium/Discount to List
-$12,000
-8.9%
Current Estimated Value
$223,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,851
Avg. Annual Appreciation
8.55%
Original Mortgage
$119,213
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2013
Sold by
Johnson Kenneth L and Johnson Laurie L
Bought by
Johnson Jerry L and Johnson Linda D

Purchase Details

Closed on
Jan 11, 2005
Sold by
Feldman Connie K and Estate Of Martha Jane Johnson
Bought by
Johnson Kenneth L and Johnson Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,162
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Elvidge Kimberly B -- None Available
Johnson Jerry L -- None Available
Johnson Kenneth L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elvidge Kimberly B $116,450
Closed Elvidge Kimberly B $119,213
Previous Owner Johnson Kenneth L $127,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $122,900 -8.9% $80 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $134,900 -- $88 / 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 $689 $144,600 $33,000 $111,600
2022 $689 $120,800 $27,800 $93,000
2021 $547 $107,600 $24,100 $83,500
2020 $509 $105,600 $23,200 $82,400
2019 $463 $99,300 $22,000 $77,300
2018 $326 $83,600 $17,600 $66,000
2017 $5 $66,500 $17,200 $49,300
2016 $5 $68,000 $17,500 $50,500
2014 $204 $65,600 $17,200 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201718550

Indiana Regional MLS

APN: 50-23-12-000-006.003-012