NOT LISTED FOR SALE

1616 E Woodland Lake Rd Morgantown, IN 46160

Estimated Value: $174,000 - $311,000

2 Beds
1 Bath
1,128 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $88,000 $78 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,486/month

131 Days on Market

Highlights

  • Heavily Wooded Lot
  • Log Cabin
  • Wood Burning Fireplace

About This Home

As of August 2016

Rustic log cabin nestled on 5 wooded acres. This cabin needs a little love and being sold "As Is" but is very special. Built with reclaimed logs from the 1800's. Most of the floors and wood inside are cut from the property. Beautiful Brown Co. stone woodburning fireplace. Reconstructed in 2014 it has a new Metal Roof and new Presby Septic System. Great covered front porch you can sit relax, watch the birds and wildlife and listen to the babbling brook that runs along the side of the property.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 2014

Lot Details

  • 5.01 Acre Lot
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,128 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 07-02-20-300-129.005-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2014
  • Age: 2
  • Style: Two Story
  • Architectural Style: Log
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE SW TRACT 1 20-10-03 5.006 AC 07/31/14 Right Of Way Easement 08/25/14 SC Easement
  • Parcel Number ID: 07-02-20-300-129.005-006
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 83.81
  • Special Features: None

Interior Features

  • Total Sq Ft: 1128
  • Total Finished Sq Ft: 1128
  • Above Grade Finished Sq Ft: 1128
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Living Great Room: Dimensions: 11x17, On Level: Main
  • Kitchen: Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 17x17, On Level: Upper

Exterior Features

  • Exterior: Log
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 10x9

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Wall Heater
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: 10xMain, On Level: 11

Schools

  • School District: Brown County School Corp.
  • Elementary School: Van Buren/Brown
  • Middle School: Brown County
  • High School: Brown County

Lot Info

  • Lot Description: Heavily Wooded
  • Lot Dimensions: 5.06
  • Estimated Lot Sq Ft: 218061
  • Estimated Lot Size Acres: 5.006

Tax Info

  • Annual Taxes: 554.75
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2022
Sold by
Taylor Jack R
Bought by
Dickey Timothy P and Dickey Terri A
Current Estimated Value
$250,739

Purchase Details

Listed on
Mar 5, 2016
Closed on
Aug 26, 2016
Sold by
Newland John and Newland Trisha
Bought by
Dickey Timothy P and Dickey Terri A
List Price
$115,000
Sold Price
$88,000
Premium/Discount to List
-$27,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$70,400
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dickey Timothy P -- Salerno Jason E
Dickey Timothy P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dickey Timothy P $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $88,000 -23.5% $78 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
03/05/2016 03/05/16 For Sale $115,000 -- $102 / 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 $1,808 $202,400 $75,100 $127,300
2023 $1,760 $178,300 $60,000 $118,300
2022 $1,485 $149,700 $50,000 $99,700
2021 $1,421 $132,200 $45,000 $87,200
2020 $1,077 $98,500 $37,000 $61,500
2019 $994 $93,200 $37,000 $56,200
2018 $1,109 $90,300 $37,000 $53,300
2017 $1,118 $91,300 $37,000 $54,300
2016 $1,551 $129,700 $40,000 $89,700
2014 $420 $40,000 $40,000 $0
2013 $420 $40,000 $40,000 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201608748

Indiana Regional MLS

APN: 07-02-20-300-129.005-006

Indiana Brown County Morgantown 46160

1616 E Woodland Lake Rd, Morgantown, IN

This home is located at 1616 E Woodland Lake Rd, Morgantown, IN 46160 since 05 March 2016 and is currently estimated at $250,739, approximately $222 per square foot. This property was built in 2014. 1616 E Woodland Lake Rd is a home located in Brown County with nearby schools including Brown County 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.

Nearby Homes