NOT LISTED FOR SALE

16583 N 300 E Summitville, IN 46070

Estimated Value: $231,000 - $287,000

4 Beds
1 Bath
2,170 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $50,500 $23 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $1,410/month

137 Days on Market

Highlights

  • 4.13 Acre Lot
  • Covered Patio or Porch
  • Hot Water Heating System
  • Traditional Architecture
  • Eat-In Kitchen
  • Garage

About This Home

As of November 2014

Desirable rural home sitting on 4.13 acres. This home will need some rehab work but has tons of potential. Includes 4 bedrooms and a loft. This will not last long.

Last Agent to Sell the Property

Daniel Witte

Witte Realty Group LLC License #RB14039476 Listed on: 06/12/2014

Last Buyer's Agent

Daniel Witte

Witte Realty Group LLC License #RB14039476 Listed on: 06/12/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • 4.13

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 4.13 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 480121100001000036

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

4.13 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1899
  • Garage Y N: Yes
  • Lot Size Acres: 4.13
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Desirable rural home sitting on 4.13 acres. This home will need some rehab work but has tons of potential. Includes 4 bedrooms and a loft. This will not last long.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2170
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2170
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2170
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 952
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: BankOwned
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas,Propane
  • Garage Parking Description: 4+ Car Attched

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 480121100001000036
  • Acres: 3-5 Acres
  • Lot Number: 0
  • Lot Size: 4.13

Tax Info

  • Tax Annual Amount: 1346
  • Semi Annual Property Tax Amt: 673
  • Tax Exemption: None

MLS Schools

  • School District: Madison-Grant High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Oct 30, 2014
Sold by
Mtglq Investosr Lp
Bought by
Lewis David M and Lewis Shannon L
Seller's Agent
Daniel Witte
Witte Realty Group LLC
Buyer's Agent
Daniel Witte
Witte Realty Group LLC
List Price
$69,900
Sold Price
$50,500
Premium/Discount to List
-$19,400
-27.75%
Current Estimated Value
$252,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,876
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
Feb 21, 2014
Sold by
Madison County Sheriff
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jul 24, 2006
Sold by
Silvers Pamela J and Hill Natalie D
Bought by
Wells John and Wells Dianne E

Purchase Details

Closed on
Jul 19, 2006
Sold by
Weston Monte
Bought by
Wells John and Wells Dianne E
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
Lewis David M -- --
Mtglq Investors Lp $63,750 --
Wells John -- --
Wells John -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2014 11/12/14 Sold $50,500 -12.2% $23 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $57,500 -8.0% $26 / Sq Ft
08/20/2014 08/20/14 Price Changed $62,500 -7.4% $29 / Sq Ft
07/14/2014 07/14/14 Price Changed $67,500 -3.4% $31 / Sq Ft
06/12/2014 06/12/14 For Sale $69,900 -- $32 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,370 $154,900 $26,200 $128,700
2024 $1,370 $154,900 $26,200 $128,700
2023 $1,319 $141,900 $25,000 $116,900
2022 $1,192 $140,700 $23,800 $116,900
2021 $1,106 $130,100 $23,800 $106,300
2020 $977 $124,700 $22,600 $102,100
2019 $940 $120,700 $22,600 $98,100
2018 $1,327 $114,200 $22,600 $91,600
2017 $786 $111,400 $22,600 $88,800
2016 $1,856 $111,400 $22,600 $88,800
2014 $1,671 $107,800 $22,600 $85,200
2013 $1,671 $107,800 $22,600 $85,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21297663

MIBOR Broker Listing Cooperative®

APN: 48-01-21-100-001.000-036

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