NOT LISTED FOR SALE

228 E Elder St Portland, IN 47371

Estimated Value: $93,000 - $118,000

2 Beds
1 Bath
868 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $92,000 $106 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $577/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Bathtub with Shower
  • Ceiling Fan
  • 2 Car Detached Garage
  • 1-Story Property
  • Baseboard Heating

About This Home

As of August 2024

If you're looking for a nice solid 2BR home for under $100K in a great Portland location ... look no further! Located just down the road from the former General Shanks, you are also conveniently located close to a church and convenience store. Also featuring a nice 2 car garage, this would make a wonderful starter home or downsizing home!

Last Agent to Sell the Property

Mark Leavell

Leavell Real Estate Brokerage Phone: 260-729-7040 Listed on: 06/01/2024

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 132x50
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Location

  • Suburban Location

Schools

  • East Jay Elementary School
  • Jay County Middle School
  • Jay County High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38-07-28-202-045.000-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$377

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1939
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: LOT 21 C & H S/D OF JACKSON & REEDS S S ADD
  • Parcel Number ID: 38-07-28-202-045.000-034
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 868
  • Total Finished Sq Ft: 868
  • Above Grade Finished Sq Ft: 868
  • Basement Foundation: Crawl
  • Basement Material: Block, Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 15x11, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle, Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 10x8

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x22
  • Garage: Yes

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Baseboard
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: AEP/I&M
  • Gas Company: Ohio Valley Gas Corp
  • Cable Company: Comcast
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx7, On Level: 17

Schools

  • Elementary School: East Jay

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 132X50
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 376.66
  • Exemptions: Homestead

MLS Schools

  • High School: Jay County
  • Middle School: Jay County
  • School District: Jay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Aug 18, 2020
Sold by
Wetendorf Jane A
Bought by
Warren Andrew M
Seller's Agent
Sandra Hendricks
Better Homes & Gardens First Realty Group
Buyer's Agent
Jack Houck
Jack Houck Real Estate
List Price
$73,900
Sold Price
$60,000
Premium/Discount to List
-$13,900
-18.81%
Current Estimated Value
$104,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,760
Avg. Annual Appreciation
10.89%
Original Mortgage
$60,606
Outstanding Balance
$53,762
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$50,998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warren Andrew M $75,757 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Andrew M $60,606
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $92,000 0.0% $106 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $92,000 -2.6% $106 / Sq Ft
06/25/2024 06/25/24 Price Changed $94,500 -5.0% $109 / Sq Ft
06/01/2024 06/01/24 For Sale $99,500 +65.8% $115 / Sq Ft
08/18/2020 08/18/20 Sold $60,000 0.0% $69 / Sq Ft View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
06/17/2020 06/17/20 Off Market $60,000 -- --
06/01/2020 06/01/20 Price Changed $60,000 -14.2% $69 / Sq Ft
03/09/2020 03/09/20 Price Changed $69,900 -5.4% $81 / Sq Ft
12/02/2019 12/02/19 For Sale $73,900 -- $85 / 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 $351 $70,100 $7,500 $62,600
2023 $377 $67,100 $7,500 $59,600
2022 $276 $64,000 $7,500 $56,500
2021 $291 $58,900 $6,800 $52,100
2020 $313 $51,200 $6,800 $44,400
2019 $703 $33,900 $6,800 $27,100
2018 $699 $33,600 $6,800 $26,800
2017 $701 $33,200 $6,800 $26,400
2016 $694 $33,200 $6,800 $26,400
2014 $663 $31,800 $6,800 $25,000
2013 $663 $30,900 $6,800 $24,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Leavell

    Seller's Agent in 2024

    Mark Leavell

    Leavell Real Estate

    (260) 729-7040

    10 in this area

    50 Total Sales

    Mark Leavell
    Section Image
  • Diana Martin

    Buyer's Agent in 2024

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    19 in this area

    3,692 Total Sales

    Diana Martin
    Section Image

  • S

    Seller's Agent in 2020

    Sandra Hendricks

    Better Homes & Gardens First Realty Group

  • Jack Houck

    Buyer's Agent in 2020

    Jack Houck

    Jack Houck Real Estate

    (260) 729-2164

    48 in this area

    103 Total Sales

    Jack Houck
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202419858

Indiana Regional MLS

APN: 38-07-28-202-045.000-034

Indiana Jay County Portland 47371

228 E Elder St, Portland, IN

Not Listed for Sale

Detached

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