NOT LISTED FOR SALE

1725 State Road 60 E Mitchell, IN 47446

Estimated Value: $79,000 - $181,000

3 Beds
1 Bath
1,218 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $50,000 $41 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $698/month

68 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of March 2020

Location! Location! Location! Country living with the added convenience of being only 1.7 miles from Hwy 37. Property could use some updating throughout. Large 48x26 garage with 2 garage doors, one side used as carport, the other is used for storage. Additional wood shed located behind the garage. Property is being sold as-is. Make it your own or update and flip it, the choice is yours!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104

Year Built

  • Built in 1952

Lot Details

  • 1.37 Acre Lot
  • Property fronts a state road
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 47-15-06-100-018.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$104

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SEC 6 TWP 3 R1E S CENT PT SW SW NE; 1.373A
  • Parcel Number ID: 47-15-06-100-018.000-004
  • Platted: Yes
  • Location: Rural
  • Road Access: State
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1218
  • Total Finished Sq Ft: 1218
  • Above Grade Finished Sq Ft: 1218
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x11, On Level: Main
  • Kitchen: Dimensions: 17x10, On Level: Main
  • Den: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 17x11, On Level: Main
  • Bedroom 2: Dimensions: 17x10, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Main Level Sq Ft: 1218
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 48x26
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Orange Co REMC
  • Water Company: S Lawrence Water

Schools

  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 1.37 Acres M/L
  • Estimated Lot Sq Ft: 59677
  • Estimated Lot Size Acres: 1.37

Tax Info

  • Annual Taxes: 104.44

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 15, 2020
Sold by
Rainey Chad and Rainey Brian
Bought by
Pierce Ron and Pierce Penny
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$127,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,750
Avg. Annual Appreciation
17.72%
Original Mortgage
$40,000
Outstanding Balance
$35,435
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$92,315
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pierce Ron -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Ron $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2020 03/26/20 Sold $50,000 -16.5% $41 / Sq Ft
01/06/2020 01/06/20 For Sale $59,900 -- $49 / 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 $341 $79,300 $18,400 $60,900
2023 $355 $73,800 $17,800 $56,000
2022 $291 $76,200 $17,400 $58,800
2021 $400 $82,600 $15,300 $67,300
2020 $82 $78,400 $14,600 $63,800
2019 $80 $75,000 $14,200 $60,800
2018 $82 $73,700 $14,000 $59,700
2017 $104 $70,600 $13,500 $57,100
2016 $103 $70,300 $13,200 $57,100
2014 $100 $67,700 $12,500 $55,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202000513

Indiana Regional MLS

APN: 47-15-06-100-018.000-004

Indiana Lawrence County Mitchell 47446

1725 State Road 60 E, Mitchell, IN

Not Listed for Sale

Detached

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