NOT LISTED FOR SALE

2298 E Depperman Rd Morgantown, IN 46160

Estimated Value: $298,000 - $360,000

3 Beds
1 Bath
2,076 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $265,000 $128 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,856/month

104 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet
  • Rustic Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

If you want privacy, to be off the beaten path, with a spacious home, 5+ acres, and a pond, look no further. While rustic, the soaring ceilings and wooded views from all windows keep this home from feeling dark and gloomy. The property is perfect for those who want to enjoy the outdoors with trails, a pond, a great fire pit area, a huge covered porch, and a side deck perfect for a hot tub. With 3 Bedrooms, a bonus room, AND a loft, there is plenty of space for a family or overnight guests. In the winter, you can stay warm by the fire and keep the worries of the world out of mind, although you won't be out of touch with high-speed fiber internet! HSA Home Warranty included! Now listed Below appraised value. The recent Appraisal is available.

Last Agent to Sell the Property

Kevin Sebastian

Carpenter, REALTORS® Listed on: 05/13/2022

Co-Listed By

Michelle Sebastian

Carpenter, REALTORS®

Last Buyer's Agent

Barrett Johnson

JF Property Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1997

Lot Details

  • 5.77 Acre Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 070221100119000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1997
  • Building Area Total: 2076
  • Co List Office Phone: 317-878-8002
  • Garage Y N: Yes
  • Lot Size Acres: 5.77
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • MBR_AttributionContact: ksebastian@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Hardwood Floors
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2076
  • Main Level Sq Ft: 1440
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Deck
  • Kitchen Features: Pantry
  • Upper Level Sq Ft: 636

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block
  • List Price: 290000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Propane
  • Garage Parking Description: Detached
  • Garage Parking Other: Guest Parking Premises,Workshop
  • Garage Sq Ft: 720

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: See Remarks
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070221100119000006
  • Acres: 5-10 Acres
  • Lot Information: Irregular,Pond,Rural No Subdivision,Tree Mature
  • Lot Number: 1
  • Lot Size: 251,341

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 784
  • Semi Annual Property Tax Amt: 392
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Brown County
  • Schools: Brown County High,Brown County Middle,Sprunica Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Oct 12, 2022
Sold by
Hill Michael E
Bought by
Kipfer Jared and Kipfer Danielle
Seller's Agent
Kevin Sebastian
Carpenter, REALTORS®
Buyer's Agent
Barrett Johnson
JF Property Group
List Price
$310,000
Sold Price
$265,000
Premium/Discount to List
-$45,000
-14.52%
Views
90
Current Estimated Value
$333,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,178
Avg. Annual Appreciation
7.96%
Original Mortgage
$212,000
Outstanding Balance
$203,978
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$129,200

Purchase Details

Closed on
Oct 29, 2019
Sold by
Brooks Brenda
Bought by
Gard Michael L and Gard Katherine M

Purchase Details

Closed on
Sep 12, 2014
Sold by
Weber Mark D and Weber Kim K
Bought by
Hill Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2012
Closed on
Jun 15, 2012
Sold by
Fannie Mae
Bought by
Weber Mark D and Weber Kim K
Seller's Agent
Ryan Brooks
Buyer's Agent
Doug Daniel
Advisor, REALTORS®
List Price
$126,000
Sold Price
$126,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$113,400
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2012
Sold by
Cummins Brent and Cummins Ellen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
Rhoads Charles
Bought by
Cummins Brent and Cummins Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
6.33%
Source: Public Records

Range of Values:

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Average Value
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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
Kipfer Jared -- Chicago Title
Gard Michael L -- --
Hill Michael E -- --
Weber Mark D -- --
Federal National Mortgage Association -- --
Cummins Brent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kipfer Jared $212,000
Previous Owner Hill Michael E $142,373
Previous Owner Weber Mark D $113,400
Previous Owner Cummins Brent $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $265,000 -8.6% $128 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
07/17/2022 07/17/22 Price Changed $290,000 -3.3% $140 / Sq Ft
06/12/2022 06/12/22 Price Changed $300,000 -3.2% $145 / Sq Ft
06/05/2022 06/05/22 For Sale $310,000 0.0% $149 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $310,000 +146.0% $149 / Sq Ft
06/18/2012 06/18/12 Sold $126,000 0.0% $52 / Sq Ft View Prior Sale
04/28/2012 04/28/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $126,000 -- $52 / 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 $979 $284,100 $80,800 $203,300
2023 $881 $250,700 $63,900 $186,800
2022 $855 $212,900 $53,900 $159,000
2021 $783 $186,000 $48,900 $137,100
2020 $662 $169,200 $40,900 $128,300
2019 $603 $156,900 $40,900 $116,000
2018 $702 $149,800 $40,900 $108,900
2017 $713 $150,700 $40,900 $109,800
2016 $675 $152,300 $40,900 $111,400
2014 $541 $150,700 $40,900 $109,800
2013 $541 $148,400 $40,900 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21855284

MIBOR Broker Listing Cooperative®

APN: 07-02-21-100-119.000-006