NOT LISTED FOR SALE

198 Olive Branch Rd Galien, MI 49113

Estimated Value: $281,000 - $391,412

4 Beds
2 Baths
2,125 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $157,000 $74 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,884/month

Highlights

  • Private Waterfront
  • Deck
  • Family Room with Fireplace
  • Barn
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of June 2016

Peaceful country living with an affordable price! I'm a large ranch home with over 2,000 square ft. My owner takes very good care of me. I have a formal dining room & a nice country style dining area & snack bar off of my kitchen. Everything is very open concept so you never have that left alone feeling. I have 3 bedrooms & 2 full baths on the main level. My 4th bedroom & bath are in the basement. There is no egress window, but I do have a full walk-out basement. I have not 1 but 2 working fireplaces. I am heated with oil along with a wood burning kicker. I sit on a beautiful 4 acres which includes the woods up to the creek. I'm literally mins. to Elkhart or New Carlisle. I have lots more to tell you but I'm out of space so please call & come out to see for yourself.

Last Agent to Sell the Property

Belinda Gravit

Cressy & Everett Real Estate Listed on: 05/28/2016

Last Buyer's Agent

Belinda Gravit

Cressy & Everett Real Estate Listed on: 05/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1955

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 660x264
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Unpaved Driveway

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Garden Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Attic Fan
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Stove
  • Cooktop
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Water Access
  • Deck

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

Overview

  • Property is near a ravine

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 660x264
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2125.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1212.56
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Util Avail at Street:Electric: Yes
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 200.0
  • Driveway:Unpaved: Yes
  • General Property Info:Fireplace: Yes
  • Lot Description:Rolling Hills: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:GasWood Stove: Yes
  • Appliances:Built in Oven: Yes
  • Water Heater:Electric3: Yes
  • Heat Source:Wood2: Yes
  • General Property Info:SqFt Above Grade: 1825.0
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Air Conditioning:Attic Fan: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Cooktop, Disposal, Water Softener Owned
  • Interior Amenities: Gas/Wood Stove, Eat-in Kitchen, Pantry
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 2125.0
  • Window Features: Garden Window(s)
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Finished SQFT: 300.0
  • Basement Rooms:Total Basement SQFT: 1800.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Kitchen Features:Snack Bar: Yes
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Cook Top: Yes
  • Kitchen Features:Garden Window: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 300.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 157000.0
  • Lot Features: Recreational, Wooded, Rolling Hills, Ravine
  • Other Structures: Barn(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: McCoy Creek
  • Waterfront Features: Stream/Creek
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Attic Fan, Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Oil: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 4.0
  • Lot Size Area: 4.0
  • Lot Dimensions: 660x264
  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1212.56
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2016
Closed on
Jun 29, 2016
Sold by
Strauss Randy and Strauss Kylie
Bought by
Karn Donald Leroy and Karn Bessie L
Seller's Agent
Belinda Gravit
Cressy & Everett Real Estate
Buyer's Agent
Belinda Gravit
Cressy & Everett Real Estate
List Price
$175,000
Sold Price
$157,000
Premium/Discount to List
-$18,000
-10.29%
Current Estimated Value
$353,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,853
Avg. Annual Appreciation
9.16%
Original Mortgage
$160,375
Outstanding Balance
$128,275
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$225,578

Purchase Details

Closed on
May 8, 2008
Sold by
Carr Caleb M and Carr Rebecca J
Bought by
Strauss Randy and Strauss Kylie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,945
Interest Rate
6.01%
Mortgage Type
FHA
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
Karn Donald Leroy $157,000 Chicago Title Of Michigan
Strauss Randy $133,000 Met
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karn Donald Leroy $160,375
Previous Owner Strauss Randy $130,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $157,000 -10.3% $74 / Sq Ft
05/28/2016 05/28/16 For Sale $175,000 -- $82 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
Source: Southwestern Michigan Association of REALTORS®

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 $101 $174,200 $0 $0
2024 $60 $141,700 $0 $0
2023 $926 $109,300 $0 $0
2022 $882 $98,700 $0 $0
2021 $1,959 $93,100 $17,800 $75,300
2020 $1,934 $77,400 $0 $0
2019 $2,059 $89,600 $19,100 $70,500
2018 $2,297 $89,600 $0 $0
2017 $2,302 $90,048 $0 $0
2016 $1,366 $85,043 $0 $0
2015 $1,045 $57,546 $0 $0
2014 $569 $69,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15017192

Southwestern Michigan Association of REALTORS®

APN: 11-09-0024-0002-02-3