NOT LISTED FOR SALE

20559 Olive Rd Argos, IN 46501

Estimated Value: $326,000 - $398,000

5 Beds
2 Baths
2,856 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $348,768 $122 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,082/month

93 Days on Market

Highlights

  • 20 Acre Lot
  • Covered Patio or Porch
  • Garden Bath
  • Wooded Lot
  • 2 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2024

Nestled amidst 20 acres of tranquil woodlands, this charming 5-bedroom, 2 bath home offers a serene retreat from the hustle and bustle of everyday life. Surrounded by trees and lush foliage, the property boasts a sense of privacy and seclusion, making it the perfect haven for those seeking solace in nature. The winding trails that meander through the woods lead you back to a primitive campsite made for the outdoor enthusiast creating endless opportunities for adventure and discovery. Inside the home, you'll find spacious living areas. The open-concept kitchen is a delight. Offering ample counter space and a breakfast bar where family and friends can gather to enjoy lively conversation. With five generously sized bedrooms, including a master bedroom with a jacuzzi tub, there's plenty of room for everyone to rest and recharge. Come take a look at this private retreat before its gone.

Last Agent to Sell the Property

Shawn Reed

COLLINS and CO. REALTORS - CULVER Brokerage Email: shawn@shawnreed.net Listed on: 05/13/2024

Last Buyer's Agent

Jennifer Luttrell

COLLINS and CO. REALTORS - CULVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1990

Lot Details

  • 20 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Schools

  • Argos Elementary And Middle School
  • Argos High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-22-31-000-015.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1990
  • Age: 34
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 20A NE SW (18.6A Forest Land/Wildlife)
  • Parcel Number ID: 50-22-31-000-015.000-007
  • Platted: Yes
  • Amenities: Garden Tub, Porch Covered, Main Floor Laundry
  • Sp Lp Percent: 85.07
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2856
  • Total Finished Sq Ft: 2856
  • Above Grade Finished Sq Ft: 2856
  • Price Per Sq Ft: 122.12
  • Basement Foundation: Slab
  • Fireplace: Wood Burning Stove
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Bedroom 1: Dimensions: 25x12, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper
  • Bedroom 4: Dimensions: 10x11, On Level: Upper
  • Bedroom 5: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Outbuilding1: Shed, Dimensions: 10x7

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Argos Community
  • Elementary School: Argos
  • Middle School: Argos
  • High School: Argos
  • Elementary School: Argos

Lot Info

  • Lot Description: Wooded
  • Lot Dimensions: 20 acres
  • Estimated Lot Sq Ft: 871200
  • Estimated Lot Size Acres: 20

Tax Info

  • Annual Taxes: 1602
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Argos
  • Middle School: Argos
  • School District: Argos Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 23, 2024
Sold by
Black Zachary A
Bought by
James Erika and Branden James
Seller's Agent
Shawn Reed
COLLINS and CO. REALTORS - CULVER
Buyer's Agent
Jennifer Luttrell
COLLINS and CO. REALTORS - CULVER
List Price
$410,000
Sold Price
$348,768
Premium/Discount to List
-$61,232
-14.93%
Views
106
Current Estimated Value
$360,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,550
Avg. Annual Appreciation
3.25%
Original Mortgage
$261,500
Outstanding Balance
$258,967
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$101,351

Purchase Details

Closed on
Feb 13, 2019
Sold by
Recupido Donald J
Bought by
Black Zachary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,303
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
James Erika $348,768 Meridian Title
Black Zachary A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Erika $261,500
Previous Owner Black Zachary A $230,303
Previous Owner Recupido Donald J $30,000
Previous Owner Recupido Donald J $112,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $348,768 -14.9% $122 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $410,000 -- $144 / 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 $1,602 $193,900 $30,800 $163,100
2022 $1,678 $188,200 $29,500 $158,700
2021 $1,486 $159,900 $25,700 $134,200
2020 $1,147 $154,000 $24,700 $129,300
2019 $1,076 $145,400 $23,300 $122,100
2018 $836 $130,500 $20,000 $110,500
2017 $860 $126,500 $19,400 $107,100
2016 $845 $125,700 $18,700 $107,000
2014 $763 $128,300 $18,500 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202416947

Indiana Regional MLS

APN: 50-22-31-000-015.000-007