NOT LISTED FOR SALE

2221 W 1000 S Milroy, IN 46156

Estimated Value: $456,000

7 Beds
4.5 Baths
5,513 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $420,000 $76 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,491/month

312 Days on Market

Highlights

  • A-Frame Home
  • Engineered Wood Flooring
  • No HOA
  • Wood Burning Stove
  • 2 Fireplaces
  • 2 Car Detached Garage

About This Home

As of April 2023

This is an incredible opportunity to own a remarkable homestead! The house is an unbelievable 7 bed, 4.5 bath. The house actually lays as 2 living quarters connected through a great room. Two septic systems, multiple wells, 2 kitchens (one of which is commercial grade), and approximately 5500 sq ft total. There is not currently electricity on the property but it is readily available at the road and the seller is willing to offer a credit to pay for utility installation. The property has some incredible features including: a horse barn, chicken coop, potting shed, another 30x40 barn, and a large 80x80 barn with two lean tos. On top of all that, the land consists of 4 acres along SR 3 that are zoned commercial!

Last Agent to Sell the Property

Bill Minor

Whitetail Properties License #RB14046825 Listed on: 05/11/2022

Whitetail Properties

Last Buyer's Agent

Brad Garrison

Whitetail Properties License #RB23000368

Whitetail Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 1875

Lot Details

  • 5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Engineered Wood Flooring
  • Basement
  • Basement Cellar
  • Attic Access Panel

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Radiator
  • Heating System Uses Propane
  • Well
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 701426226001000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1875
  • Building Area Total: 5600
  • Garage Y N: Yes
  • Lot Size Acres: 5
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • MBR_AttributionContact: bill.minor@whitetailproperties.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Cellar
  • Appliances: None, Propane Water Heater
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 13
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access
  • Living Area: 5513
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Family Room,Formal Dining Room,Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 3500
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 2000
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 474900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: Radiator(s), Wood Stove, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 1184832
  • Parcel Number: 701426226001000001
  • Acres: 5-10 Acres
  • Price Acre: 84000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3296
  • Tax Lot: n/a
  • Semi Annual Property Tax Amt: 1648
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 27, 2022
Sold by
Schwartz Menno and Schwartz Carol R
Bought by
Dierckman Daniel Joseph and Dierckman Nikayla Sueann
Seller's Agent
Nick George
Whitetail Properties
Buyer's Agent
Nick George
Whitetail Properties
List Price
$249,999
Sold Price
$235,000
Premium/Discount to List
-$14,999
-6%
Views
24
Current Estimated Value
$456,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,000
Avg. Annual Appreciation
28.06%
Original Mortgage
$176,250
Outstanding Balance
$168,148
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$287,852

Purchase Details

Closed on
Jul 3, 2017
Sold by
Miller William E and Miller Emma M
Bought by
Schwartz Menno and Schwartz Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Miller William E and Miller Emma M
Bought by
Miller William E and Miller Emma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.58%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Dierckman Daniel Joseph -- --
Schwartz Menno -- None Available
Miller William E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dierckman Daniel Joseph $176,250
Previous Owner Miller William E $75,000
Previous Owner Miller William E $20,000
Previous Owner Miller William E $50,000
Previous Owner Miller William E $90,000
Previous Owner Miller William E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $420,000 -11.6% $76 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $474,900 +102.1% $86 / Sq Ft
12/29/2022 12/29/22 Sold $235,000 -53.0% $59 / Sq Ft
09/27/2022 09/27/22 Price Changed $499,999 +100.0% $91 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $249,999 -70.6% $63 / Sq Ft
06/30/2022 06/30/22 Price Changed $849,999 -5.6% $154 / Sq Ft
05/12/2022 05/12/22 For Sale $899,999 -- $163 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $296 $22,400 $22,400 $0
2023 $266 $18,700 $18,700 $0
2022 $3,507 $367,700 $49,200 $318,500
2021 $3,448 $342,100 $42,600 $299,500
2020 $3,227 $326,100 $41,100 $285,000
2019 $2,997 $318,400 $45,500 $272,900
2018 $2,817 $312,200 $46,300 $265,900
2017 $2,495 $306,400 $45,000 $261,400
2016 $2,376 $302,400 $46,400 $256,000
2014 $1,356 $207,700 $47,600 $160,100
2013 $1,356 $194,400 $41,600 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21854517

MIBOR Broker Listing Cooperative®

APN: 70-14-26-226-001.000-001