NOT LISTED FOR SALE

225 W Us Highway 40 Clayton, IN 46118

Estimated Value: $210,198 - $371,000

3 Beds
1.5 Baths
1,760 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $374,000 $212 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,797/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Mature Trees
  • Pole Barn
  • Covered Patio or Porch

About This Home

As of September 2023

WOW! Historic 1880's farmhouse has never hit the market before! Owned by ONE family in its lifetime! 1,760 sqft home with 10 ft ceilings on 1st floor, 9 ft ceilings on the 2nd floor, original oak hardwood floors, untouched wood trim, original doors, summer kitchen, & SO MUCH MORE. Main level Primary features original French doors, walk-in closet, & full bathroom. Formal dining w/fireplace. Kitchen offers views of the 6.7+/- acres. Upstairs are 2 large bedrooms, a large half bath, with room to become full bath, & access to the 2nd story covered porch! 64'x48' pole barn with 15' ceilings, water & electric, two 12' overhead doors, 2 offices & bathroom. Auction Property 6/27 @ 6:30 onsite w/ preview starting at 12. SUGGEST LIST PRICE ONLY.

Last Agent to Sell the Property

Hannah Knotts

Freije Real Estate License #RB19000363 Listed on: 05/26/2023

Last Buyer's Agent

Hannah Miller

Freije Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1913

Lot Details

  • 6.7 Acre Lot
  • Rural Setting
  • Mature Trees

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Bay Window
  • Dining Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Basement

Kitchen

  • Country Kitchen
  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Pole Barn

Schools

  • Mill Creek West Elementary School
  • Cascade Middle School
  • Cascade Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32-14-09-400-004.000-013
  • Assessor Parcel Number 321409400004000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,758

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1913
  • Building Area Total: 2432
  • Garage Y N: No
  • Lot Size Acres: 6.7
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: hannah@freijerealestate.com
  • Special Features: Auction

Interior Features

  • Basement: Yes
  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Hi-Speed Internet Availbl, Walk-in Closet(s), Window Bay Bow, Wood Work Stained
  • Living Area: 1760
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1216
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 544
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Balcony, Barn Pole, Other
  • Foundation Details: Block, Brick
  • List Price: 374000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Parking Features: Gravel
  • Fuel: Propane Owned

Utilities

  • Utilities: Cable Available, Electricity Connected, Septic System, Well
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, High Efficiency (90%+ AFUE ), Propane
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Cascade Middle School

Lot Info

  • Lot Features: Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 291852
  • Parcel Number: 321409400004000013
  • Acres: 5-10 Acres
  • Price Acre: 55821

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3758
  • Tax Lot: 32-14-09-400-004.000-013
  • Semi Annual Property Tax Amt: 1879

MLS Schools

  • Elementary School: Mill Creek West Elementary
  • High School: Cascade Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 13, 2023
Sold by
Leitzman John Sewell and Leitzman Marcia S
Bought by
Zeray Yohannes
Seller's Agent
Hannah Knotts
Freije Real Estate
Buyer's Agent
Hannah Miller
Freije Real Estate
List Price
$350,000
Sold Price
$374,000
Premium/Discount to List
$24,000
6.86%
Views
142
Current Estimated Value
$289,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,871
Avg. Annual Appreciation
5.30%
Original Mortgage
$299,200
Outstanding Balance
$294,371
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$118,817

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 31, 2023
Sold by
Leitzman Marcia S
Bought by
Grable Jared K
Seller's Agent
Hannah Knotts
Freije Real Estate
Buyer's Agent
Hannah Miller
Freije Real Estate
List Price
$350,000
Sold Price
$374,000
Premium/Discount to List
$24,000
6.86%
Views
142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Outstanding Balance
$294,371
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$118,817

Purchase Details

Closed on
Jun 27, 2023
Sold by
Leitzman John Sewell
Bought by
Leitzman John Sewell and Leitzman Kimberly Jo

Purchase Details

Closed on
May 11, 2022
Sold by
Ellan Andrews Kristin
Bought by
Leitzman John Sewell
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
Zeray Yohannes -- First American Title
Grable Jared K -- First American Title
Leitzman John Sewell -- None Listed On Document
Leitzman John Sewell -- Howard John M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeray Yohannes $299,200
Previous Owner Leitzman Marcia $65,000
Previous Owner Leitzman Marcia S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $374,000 +6.9% $213 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $350,000 -- $199 / 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 $2,667 $35,600 $35,600 $0
2023 $6,410 $473,100 $142,300 $330,800
2022 $6,031 $426,100 $127,200 $298,900
2021 $3,758 $379,200 $119,600 $259,600
2020 $3,296 $374,500 $119,400 $255,100
2019 $3,127 $353,600 $99,000 $254,600
2018 $3,480 $344,200 $99,900 $244,300
2017 $3,038 $309,900 $98,100 $211,800
2016 $2,938 $306,200 $100,200 $206,000
2014 $3,851 $294,200 $98,900 $195,300
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hannah Knotts

    Freije Real Estate

    (317) 446-0874

    46 Total Sales

    Section Image

  • H

    Buyer's Agent in 2023

    Hannah Miller

    Freije Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21923544

MIBOR Broker Listing Cooperative®

APN: 32-14-09-400-004.000-013

Indiana Hendricks County Clayton 46118

225 W Us Highway 40, Clayton, IN

This home is located at 225 W Us Highway 40, Clayton, IN 46118 since 26 May 2023 and is currently estimated at $290,599, approximately $165 per square foot. This property was built in 1913. 225 W Us Highway 40 is a home located in Hendricks County with nearby schools including Cascade Senior High School.

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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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