NOT LISTED FOR SALE

2196 W 50th St Marion, IN 46953

Estimated Value: $105,000 - $201,814

3 Beds
0.5 Bath
1,120 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 02, 2013

Last sale price $34,000 $30 Per Sq Ft

Est. 365% increase in value since last sale

Current estimated payment $887/month

155 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Partially Fenced Property
  • Log Cabin

About This Home

As of January 2013

Log home on 2.5 acres. Previously used as a garden center. Some renovations to this and could be a nice log home. 2nd floor has subfloor, but not finished. Zoning is Residential Suburban and has limited business uses. Contact Grant County Area Plan for allowed uses. Use your imagination!!!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 2.5 Acre Lot
  • Partially Fenced Property

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 0.5 Bathroom
  • 1,120 Sq Ft Home
  • Crawl Space

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-06-24-300-013.000-006

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Architectural Style: Log
  • Total Number of Rooms: 2
  • Total Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt S W SW Sec 24 2.5 Acres
  • Parcel Number ID: 27-06-24-300-013.000-006
  • Platted: Yes
  • Amenities: Porch Covered
  • Special Features: None

Interior Features

  • Total Sq Ft: 1120
  • Total Finished Sq Ft: 1120
  • Basement Foundation: Crawl
  • Flooring: Laminate, Tile
  • Main Level Sq Ft: 1120

Exterior Features

  • Exterior: Log
  • Fence: Partial

Utilities

  • Heating Fuel: Wall Heater
  • Sewer: Septic
  • Water Utilities: Well

Schools

  • School District: Marion Community Schools

Lot Info

  • Lot Dimensions: 2.5 Acres
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 1432.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2012
Closed on
Jan 2, 2013
Sold by
Star Financial Bank
Bought by
Max
List Price
$74,900
Sold Price
$34,000
Premium/Discount to List
-$40,900
-54.61%
Current Estimated Value
$158,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,204
Avg. Annual Appreciation
12.75%
Original Mortgage
$46,612
Outstanding Balance
$20,732
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$137,472

Purchase Details

Closed on
Jun 19, 2012
Sold by
Adkins Phillip M and Adkins Patricia E
Bought by
Star Financial Bnak

Purchase Details

Closed on
May 29, 2001
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Jan 26, 2001
Sold by
Not Provided
Bought by
Not Provided
Source: Public Records

Range of Values:

Collateral Analytics

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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
Max $34,000 --
Herrell Max Emil -- None Available
Star Financial Bnak -- None Available
Not Provided $22,500 --
Not Provided $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrell Max Emil $46,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2013 01/02/13 Sold $34,000 -54.6% $30 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
07/01/2012 07/01/12 For Sale $74,900 -- $67 / 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 $609 $119,900 $21,000 $98,900
2023 $493 $105,300 $21,000 $84,300
2022 $499 $102,000 $21,000 $81,000
2021 $440 $92,200 $21,000 $71,200
2020 $385 $93,000 $21,000 $72,000
2019 $325 $89,100 $21,000 $68,100
2018 $304 $87,100 $21,000 $66,100
2017 $291 $87,200 $21,000 $66,200
2016 $287 $88,400 $21,500 $66,900
2014 $229 $78,600 $21,500 $57,100
2013 $229 $78,000 $21,500 $56,500
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 798218

Indiana Regional MLS

APN: 27-06-24-300-013.000-006