NOT LISTED FOR SALE

1663 S 725 W Morgantown, IN 46160

Estimated Value: $315,000 - $407,000

3 Beds
2 Baths
1,500 Sq Ft
$248/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $300,000 $200 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,271/month

6 Days on Market

Highlights

  • Fishing
  • View of Trees or Woods
  • Mature Trees
  • Union Elementary School Rated A-
  • 9.44 Acre Lot
  • Deck

About This Home

As of April 2023

Looking for 9.44 acres in the country with a pond, fruit trees, woods and pole barn. This farm style home sits off the road and has great potenital. House has 3 bedrooms, master bedroom and bath are located upstairs, with a loft area adjoining, 2 full baths, one bath upstairs and one on main floor, bay window in the dining area, large gazebo connected to a large front porch that wraps around and looks out over the apple orchard, 2 very large gardens and chicken coop. Front yard has a variety of apples trees, back yard has pecan, chestnut, persimmon & black walnut trees. Located in Franklin Community Schools. This location is rural but easy access to Franklin, Bargersville or Martinsville. Located in southwestern Johnson County.

Last Agent to Sell the Property

Robyn Rosenberg

Tramcore Realty License #RB14036389 Listed on: 02/23/2023

Co-Listed By

Mark Bowman

Tramcore Realty License #RB14039468

Last Buyer's Agent

Beau Musch

Lohmiller Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1984

Lot Details

  • 9.44 Acre Lot
  • Rural Setting
  • Mature Trees
  • Wooded Lot
  • Additional Parcels

Property Views

  • Pond
  • Woods
  • Rural
  • Garden

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vinyl Clad Windows
  • Bay Window
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn
  • Gazebo

Schools

  • Union Elementary School
  • Franklin Community Middle School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well

Community Details

  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 410930041028000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Stick
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1984
  • Building Area Total: 1500
  • Co List Office Phone: 317-431-6346
  • Garage Y N: No
  • Lot Size Acres: 9.44
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: robyn@tramcore.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Hi-Speed Internet Availbl, Window Bay Bow, Windows Vinyl
  • Living Area: 1500
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1020
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 480
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Pole
  • Foundation Details: Block
  • List Price: 300000
  • Patio And Porch Features: Covered Porch, Deck Main Level, Gazebo, Porch Open
  • Property Condition: Fixer
  • View: Garden, Pond, Rural, Trees/Woods
  • View Y N: Yes

Garage/Parking

  • Fuel: Propane Leased

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Community Features: Fishing

Schools

  • Middle Or Junior School: Franklin Community Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
  • Property Attached Yn: No
  • Additional Parcels Description: 4.44 acres
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 9
  • Parcel Number: 410930041028000036
  • Acres: 5-10 Acres
  • Price Acre: 31779.6610169492

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3430
  • Tax Block: 0
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1715
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • Elementary School: Union Elementary School
  • High School: Franklin Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 4, 2023
Sold by
Doolittle William L
Bought by
Dornbusch Ben
Seller's Agent
Robyn Rosenberg
Tramcore Realty
Buyer's Agent
Beau Musch
Lohmiller Real Estate
List Price
$300,000
Sold Price
$300,000
Views
29
Current Estimated Value
$372,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,540
Avg. Annual Appreciation
6.58%
Original Mortgage
$285,000
Outstanding Balance
$277,443
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$74,132
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
Dornbusch Ben $300,000 Ata National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dornbusch Ben $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $300,000 0.0% $200 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $300,000 -- $200 / 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
2025 $3,547 $302,500 $102,000 $200,500
2024 $3,547 $263,100 $102,000 $161,100
2023 $3,346 $243,200 $102,000 $141,200
2022 $3,565 $243,200 $102,000 $141,200
2021 $3,292 $222,200 $102,000 $120,200
2020 $3,170 $213,400 $102,000 $111,400
2019 $2,697 $193,500 $80,000 $113,500
2018 $2,345 $188,000 $80,000 $108,000
2017 $2,266 $181,500 $80,000 $101,500
2016 $2,234 $172,700 $80,000 $92,700
2014 $2,207 $167,500 $80,000 $87,500
2013 $2,207 $174,200 $80,000 $94,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robyn Rosenberg

    Tramcore Realty

    (317) 431-6346

    2 in this area

    63 Total Sales

    Robyn Rosenberg
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mark Bowman

    Tramcore Realty

    (317) 691-7394

    2 in this area

    61 Total Sales

    Mark Bowman
    Section Image

  • B

    Buyer's Agent in 2023

    Beau Musch

    Lohmiller Real Estate

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21906765

MIBOR Broker Listing Cooperative®

APN: 41-09-30-041-028.000-036

Indiana Johnson County Morgantown 46160

1663 S 725 W, Morgantown, IN

This home is located at 1663 S 725 W, Morgantown, IN 46160 since 23 February 2023 and is currently estimated at $372,540, approximately $248 per square foot. This property was built in 1984. 1663 S 725 W is a home located in Johnson County with nearby schools including Union Elementary School, Custer Baker Intermediate School, and Franklin Community 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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