NOT LISTED FOR SALE

16550 New Rd Bremen, IN 46506

Estimated Value: $307,000 - $399,544

4 Beds
2 Baths
1,680 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2022

Last sale price $137,000 $82 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,312 / mo

32 Days on Market

Highlights

  • Ranch Style House
  • Partially Wooded Lot
  • 1 Car Attached Garage
  • Madison Elementary School Rated A-
  • Formal Dining Room
  • Patio

About This Home

As of January 2022

Home and 4 ACRES in Madison Twp to be sold at Absolute Auction (NO RESERVE) Tues., Dec 7th @ 5pm EST (live on site). Estate. Penn schools. 3-4 BR, 2 full bath ranch w/approx 1680 sqft. Fireplace. Newer furnace. 200 amp electric. 1 car attached garage and a 24 X 24 detached garage. Shed. The home needs some work and is to be sold as-is. Taxes show no exemptions in place. *Kaser Auction TERMS- $5000 non-refundable deposit at auction. Cash or certified check payable to Kaser Realty with the balance due in 30 days. No Buyers premium. Not subject to financing or inspections (water and septic inspections will be done before auction). *OPEN HOUSES- Wed Nov 17th and Dec 1st from 4-5 PM EST or by appointment. Beautiful piece of property that is rolling and partially wooded. This home sells to the highest bidder! Great owner occupy or investment home!

Last Agent to Sell the Property

Jason Kaser

Kaser Realty, LLC Listed on: 11/05/2021

Last Buyer's Agent

Jason Kaser

Kaser Realty, LLC Listed on: 11/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1946

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 352 x 495
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Cedar

Interior Spaces

  • Wood Burning Fireplace
  • Formal Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Madison Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-14-21-100-005.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,181

Year Built

Built in 1946

Lot Details

4 Acres

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1946
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 352 X 495 FT ON NEW RD NE NW 4 AC SEC 21 36 3E
  • Parcel Number ID: 71-14-21-100-005.000-016
  • Platted: Yes
  • Amenities: Patio Open, Formal Dining Room, Main Floor Laundry
  • Cross Street: SR 331
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1680
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 1680
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x24

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Propane, Baseboard, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Well Size: 2 Inches
  • Well Type: Private

Schools

  • Elementary School: Madison

Lot Info

  • Lot Description: Partially Wooded, Rolling, 3-5.9999
  • Lot Dimensions: 352 X 495
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 3181.32
  • Tax Code: Tax Code 11-Madison

MLS Schools

  • High School: Penn
  • Middle School: Grissom
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Feb 4, 2022
Sold by
Schrader Wayne and Schrader Florence
Bought by
Ettl Gregory
Seller's Agent
Jason Kaser
Kaser Realty, LLC
Buyer's Agent
Jason Kaser
Kaser Realty, LLC
List Price
$137,000
Sold Price
$137,000
Current Estimated Value
$362,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,181
Avg. Annual Appreciation
25.91%

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 28, 2022
Sold by
Wayne Schrader and Florence Schrader
Bought by
Ettl Gregory
Seller's Agent
Jason Kaser
Kaser Realty, LLC
Buyer's Agent
Jason Kaser
Kaser Realty, LLC
List Price
$137,000
Sold Price
$137,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ettl Gregory -- Drake Andrew R
Ettl Gregory $137,000 Drake Andrew R
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $137,000 0.0% $82 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $137,000 -- $82 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,703 $144,700 $67,500 $77,200
2024 $2,459 $311,600 $101,600 $210,000
2023 $3,480 $262,800 $101,600 $161,200
2022 $3,480 $225,900 $101,600 $124,300
2021 $2,955 $176,100 $73,500 $102,600
2020 $3,273 $200,100 $82,300 $117,800
2019 $2,460 $152,000 $62,500 $89,500
2018 $2,661 $167,600 $68,300 $99,300
2017 $2,229 $137,000 $56,800 $80,200
2016 $2,332 $137,500 $56,800 $80,700
2014 $2,185 $124,100 $48,900 $75,200
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202146533

Indiana Regional MLS

APN: 71-14-21-100-005.000-016

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