NOT LISTED FOR SALE

1695 550 E Selma, IN 47383

Estimated Value: $535,000 - $789,339

5 Beds
3.5 Baths
4,781 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $375,000 $78 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,672/month

226 Days on Market

Highlights

  • Waterfront
  • 16.68 Acre Lot
  • Ranch Style House
  • Selma Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2020

Hard to find a home in Selma that has it all and desirable Liberty-Perry Community Schools!! This 5 Bdr , 3.5 bath, 3 car attached garage home has a beautiful setting with over 16 acres overlooking a 3.5 acre stocked pond and nice dock. Enjoy the amenities of natural gas and cable that is hard to find with this kind of property! Heated 36x50 pole barn with 14' ceilings and 6" walls fully insulated and finished with 10x12 doors. Home features 8" basement walls with 2" foam inside and out. 6" exterior walls with nice cobble stone finish on the outside. Vaulted ceilings in living room and tray ceiling in master. Lots of crown molding . Kitchen features breakfast bar with tile backsplash, hickory flooring, and walk in pantry. Stand by generator ready. Variable speed well pump. Basement features additional kitchen/wet bar area, 2 bdrs, recreation areas, and additional spaced currently used as family room. SALES INCLUDES AS FURNINSHED!

Last Agent to Sell the Property

Andrew Wagner

Wagner Auctioneering and Real Estate Listed on: 07/10/2019

Last Buyer's Agent

Rich Lee

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,254

Year Built

  • Built in 2006

Lot Details

  • 16.68 Acre Lot
  • Waterfront
  • Rural Setting
  • Picket Fence
  • Partially Fenced Property
  • Irregular Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Double Pane Windows
  • Water Views
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Generator Hookup
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-12-21-100-027.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,254

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt NW QTR
  • Parcel Number ID: 18-12-21-100-027.000-010
  • Platted: Yes
  • Amenities: Breakfast Bar, Cable Ready, Ceiling-Tray, Ceilings-Vaulted, Generator Ready
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • County Zoning: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4834
  • Total Finished Sq Ft: 4781
  • Above Grade Finished Sq Ft: 2614
  • Below Grade Finished Sq Ft: 2167
  • Below Grade Sq Ft: 53
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 19x18, On Level: Main
  • Kitchen: Dimensions: 15x11, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 20x19, On Level: Lower
  • Den: Dimensions: 16x11, On Level: Main
  • Extra Room: Dimensions: 13x11, On Level: Lower
  • Bedroom 1: Dimensions: 17x15, On Level: Main
  • Bedroom 2: Dimensions: 17x15, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Main
  • Bedroom 4: Dimensions: 16x12, On Level: Lower
  • Bedroom 5: Dimensions: 12x12, On Level: Lower
  • Other Room1: Dimensions: 21x9, On Level: Main
  • Other Room 2: Dimensions: 23x19, On Level: Lower
  • Other Room 3: Dimensions: 21x19
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2220

Exterior Features

  • Exterior: Brick, Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 44x42
  • Fence: Partial, Picket

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 39x25
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Well Type: Private

Schools

  • Elementary School: Selma

Lot Info

  • Lot Description: Irregular, Waterfront, 15+, Water View
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 726581
  • Estimated Lot Size Acres: 16.68

Green Features

  • Energy Efficient: HVAC, Insulation, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Low Emittance Doors/Win

Tax Info

  • Annual Taxes: 6253.52

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 18, 2020
Sold by
Drew Sandy J
Bought by
Miller Joshua T and Miller Eliza A
Seller's Agent
Andrew Wagner
Wagner Auctioneering and Real Estate
Buyer's Agent
Rich Lee
RE/MAX Real Estate Groups
List Price
$424,900
Sold Price
$375,000
Premium/Discount to List
-$49,900
-11.74%
Current Estimated Value
$622,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,113
Avg. Annual Appreciation
10.06%
Original Mortgage
$300,000
Outstanding Balance
$266,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$355,156

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 25, 2020
Sold by
Xu Zengzeng
Bought by
Drew Sandy J
Seller's Agent
Andrew Wagner
Wagner Auctioneering and Real Estate
Buyer's Agent
Rich Lee
RE/MAX Real Estate Groups
List Price
$424,900
Sold Price
$375,000
Premium/Discount to List
-$49,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$266,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$355,156

Purchase Details

Closed on
Dec 11, 2014
Sold by
Padgett Timothy W and Padgett Rachel A
Bought by
Xu Zengzeng
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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Purchase History

Date Buyer Sale Price Title Company
Miller Joshua T -- None Available
Drew Sandy J -- None Available
Xu Zengzeng -- Young Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Joshua T $300,000
Previous Owner Drew Sandy J $374,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $375,000 0.0% $78 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/21/2020 02/21/20 Off Market $375,000 -- --
01/20/2020 01/20/20 For Sale $424,900 +13.3% $89 / Sq Ft
01/11/2020 01/11/20 Off Market $375,000 -- --
11/04/2019 11/04/19 For Sale $424,900 0.0% $89 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $424,900 -- $89 / 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 $5,023 $558,700 $97,200 $461,500
2023 $4,924 $513,700 $97,200 $416,500
2022 $4,402 $495,100 $97,200 $397,900
2021 $4,306 $403,600 $53,200 $350,400
2020 $3,667 $361,100 $53,200 $307,900
2019 $6,550 $347,200 $50,700 $296,500
2018 $6,254 $344,100 $48,200 $295,900
2017 $5,780 $317,800 $52,900 $264,900
2016 $3,061 $302,600 $54,200 $248,400
2014 $3,279 $311,200 $55,900 $255,300
2013 -- $334,100 $56,100 $278,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201929114

Indiana Regional MLS

APN: 18-12-21-100-027.000-010