NOT LISTED FOR SALE

228 S Erie St Lapel, IN 46051

Estimated Value: $91,000 - $216,000

3 Beds
1 Bath
1,075 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $110,000 $102 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,054/month

8 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Privacy Fence

About This Home

As of November 2018

Completely remodeled three bedroom ranch in Lapel schools! Home has a new roof, newer windows and vinyl siding, all new floors throughout, updated bathroom and kitchen, and a great backyard with a large concrete patio. Qualifies for USDA with NO MONEY DOWN!

Last Agent to Sell the Property

Gary Nunley

South Madison Realty License #RB14004222 Listed on: 10/02/2018

Last Buyer's Agent

Jennifer Deakyne

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $316

Year Built

  • Built in 1934

Lot Details

  • 7,000 Sq Ft Lot
  • Privacy Fence

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 481028403034000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$316

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1934
  • Garage Y N: Yes
  • Lot Size Acres: 0.1607
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: LeadBasePaint
  • Property Description: Completely remodeled three bedroom ranch in Lapel schools! Home has a new roof, newer windows and vinyl siding, all new floors throughout, updated bathroom and kitchen, and a great backyard with a large concrete patio. Qualifies for USDA with NO MONEY DOWN!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1075
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1075
  • Main Level Sq Ft: 1075
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1075
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Fence Privacy
  • Foundation Details: Slab
  • List Price: 110000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Num Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481028403034000032
  • Acres: <1/4 Acre
  • Lot Number: 42
  • Lot Size: 7,000

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 316
  • Semi Annual Property Tax Amt: 158
  • Tax Exemption: None

MLS Schools

  • School District: Frankton-Lapel Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 2, 2018
Sold by
Ray Kaleb
Bought by
Higginbotham Samantha D
Seller's Agent
Gary Nunley
South Madison Realty
Buyer's Agent
Jennifer Deakyne
F.C. Tucker Company
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$175,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,488
Avg. Annual Appreciation
6.10%
Original Mortgage
$108,007
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 10, 2017
Sold by
Milner
Bought by
Kaleb Ray
Seller's Agent
Nick Rodgers
RE/MAX Real Estate Solutions
Buyer's Agent
Gary Nunley
South Madison Realty
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.46%
Original Mortgage
$24,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Higginbotham Samantha D -- None Available
Kaleb Ray $40,000 --
Ray Kaleb $40,000 Absolute Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higginbotham Samantha D $110,500
Closed Higginbotham Samantha D $108,007
Previous Owner Ray Kaleb $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $110,000 0.0% $102 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $110,000 +175.0% $102 / Sq Ft
07/10/2017 07/10/17 Sold $40,000 +0.3% $40 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/08/2017 06/08/17 Price Changed $39,900 -33.4% $40 / Sq Ft
06/02/2017 06/02/17 For Sale $59,900 -- $59 / 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 $1,131 $114,900 $9,800 $105,100
2023 $999 $104,900 $9,300 $95,600
2022 $1,050 $105,800 $8,700 $97,100
2021 $946 $97,900 $8,700 $89,200
2020 $948 $95,600 $8,300 $87,300
2019 $913 $95,200 $8,300 $86,900
2018 $341 $48,800 $8,300 $40,500
2017 $316 $48,100 $8,300 $39,800
2016 $311 $48,100 $8,300 $39,800
2014 $283 $41,000 $8,300 $32,700
2013 $283 $41,000 $8,300 $32,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21598791

MIBOR Broker Listing Cooperative®

APN: 48-10-28-403-034.000-032