$98,500
SOLD MAY 6, 2025

1927 S 5th St Merom, IN 47861

2 Beds
1 Bath
1,146 Sq Ft
0.34 Acres

Recently Sold

$86 Per Sq Ft

12% Below List Price

122 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathtub with Shower
  • Pocket Doors
  • Walk-In Closet
  • Patio
  • Bungalow

About This Home

As of May 2025

Reduced, remodeled, and ready for you to move in! Welcome to your new home in Merom, Indiana, which is conveniently located close to the highway and to Illinois. Roof 1 year old, new flooring, new paint, new light fixtures, newer windows, and more. Come see what all this 2 bedroom 1 bath home has to offer complete with a 24x24 pole barn, situated on .34 acre! Other features, walk in closet, unfinished basement, main floor laundry, and kitchen appliances stay. Basement has been cleaned up, sealed up, painted, and flooring added. Seller is willing to work with various loan types including USDA, FHA, and VA.

Last Agent to Sell the Property

Rachael Headley

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-890-3385 Listed on: 11/19/2024

KELLER WILLIAMS CAPITAL REALTY

Last Buyer's Agent

SWIAR NonMember

NonMember SWIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $233

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 146x100
  • Level Lot

Parking

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

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Pocket Doors
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Patio

Schools

  • Carlisle Elementary And Middle School
  • Sullivan High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 77-11-07-334-052.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$233

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 85
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: OT LOTS 190 & 207
  • Parcel Number ID: 77-11-07-334-052.000-008
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Patio Open, Pocket Doors, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 103.79
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1962
  • Total Finished Sq Ft: 1146
  • Above Grade Finished Sq Ft: 1146
  • Below Grade Sq Ft: 816
  • Price Per Sq Ft: 85.95
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Outside Entrance
  • Basement Material: Block
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 12x25, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Extra Room: Enclosed Porch, Dimensions: 6x8
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1146
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 816

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 8x10, 80

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Conventional, Wall Heater
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx12, On Level: 8

Schools

  • School District: Southwest School Corp.
  • Elementary School: Carlisle
  • Middle School: Carlisle
  • High School: Sullivan
  • Elementary School: Carlisle

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 146X100
  • Estimated Lot Sq Ft: 14600
  • Estimated Lot Size Acres: 0.34

Tax Info

  • Annual Taxes: 233

MLS Schools

  • High School: Sullivan
  • Middle School: Carlisle
  • School District: Southwest School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
May 1, 2025
Sold by
Leoncini Anthony Michael and Harley Lacey
Bought by
Leoncini Anthony Michael and Leoncini Harley Lacey
Seller's Agent
Rachael Headley
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
SWIAR NonMember
NonMember SWIAR
List Price
$112,000
Sold Price
$98,500
Premium/Discount to List
-$13,500
-12.05%
Views
91
Current Estimated Value
$96,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,167
Avg. Annual Appreciation
-5.54%
Original Mortgage
$5,910
Outstanding Balance
$5,889
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$90,444

Purchase Details

Closed on
Feb 22, 2024
Sold by
Leoncini Anthony M
Bought by
Leoncini Anthony Michael and Leoncini Harley Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.6%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,910 New Conventional
Open $96,715 FHA
Previous Owner $285,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $98,500 +3.8% $86 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/28/2025 02/28/25 Price Changed $94,900 -5.0% $83 / Sq Ft
01/10/2025 01/10/25 Price Changed $99,900 -9.1% $87 / Sq Ft
12/17/2024 12/17/24 Price Changed $109,900 -1.9% $96 / Sq Ft
11/19/2024 11/19/24 For Sale $112,000 -- $98 / 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 $233 $24,000 $4,900 $19,100
2023 $233 $24,300 $4,900 $19,400
2022 $228 $25,000 $4,900 $20,100
2021 $215 $23,100 $4,900 $18,200
2020 $227 $23,100 $4,900 $18,200
2019 $216 $23,200 $4,900 $18,300
2018 $207 $22,800 $4,900 $17,900
2017 $147 $16,100 $4,900 $11,200
2016 $142 $16,100 $4,900 $11,200
2014 $130 $14,000 $4,900 $9,100
2013 $129 $14,000 $4,900 $9,100
Source: Public Records

Agents Affiliated with this Home

  • Rachael Headley

    Seller's Agent in 2025

    Rachael Headley

    KELLER WILLIAMS CAPITAL REALTY

    (812) 890-3385

    110 Total Sales

    Rachael Headley
    Section Image

  • S

    Buyer's Agent in 2025

    SWIAR NonMember

    NonMember SWIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202444898

Indiana Regional MLS

APN: 77-11-07-334-052.000-008

Indiana Sullivan County Merom 47861

1927 S 5th St, Merom, IN

This home is located at 1927 S 5th St, Merom, IN 47861 and is currently priced at $98,500, approximately $85 per square foot. This property was built in 1940. 1927 S 5th St is a home located in Sullivan County with nearby schools including Sullivan High School and Rural Community Academy.

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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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