NOT LISTED FOR SALE

25311 Flatrock Rd Monroeville, IN 46773

Estimated Value: $142,000 - $232,000

5 Beds
1 Bath
1,991 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $21,000 $11 Per Sq Ft

Est. 756% increase in value since last sale

Current estimated payment $1,050/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • 2 Car Attached Garage

About This Home

As of July 2014

Home sits on 2 acres of land, has a large barn and chicken coup and location has a private feel. Large bedrooms. Master bedroom on main level. Natural hard wood floors in some rooms. Large walkin storage/pantry. Needs some TLC. This property is under a First Look Initiative for owner occupied buyers through 6/8/14, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible. However, buyer must be buying the home and moving into the home as their primary residence. Non-owner occupant and investor offers would be eligible for review on 6/9/14.

Last Listed By

Sharon White

Premier Inc., REALTORS Listed on: 05/20/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 300x300
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Limestone

Interior Spaces

  • 2-Story Property
  • Electric Oven or Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Heritage Elementary And Middle School
  • Heritage High School

Utilities

  • Forced Air Heating System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-20-15-400-005.000-055

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 134
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S 239.48 FT OF E 363.79 FT E 1/2 SW 1/4 SE 1/4 SEC 15 |
  • Parcel Number ID: 02-20-15-400-005.000-055
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Range/Oven Hook Up Elec
  • Location: Rural
  • Sp Lp Percent: 70.23
  • Year Taxes Payable: 2014
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Total Sq Ft: 3004
  • Total Finished Sq Ft: 1991
  • Above Grade Finished Sq Ft: 1991
  • Below Grade Sq Ft: 1013
  • Price Per Sq Ft: 10.55
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 14x7, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 14x9, On Level: Main
  • Bedroom 3: Dimensions: 15x10, On Level: Upper
  • Bedroom 4: Dimensions: 15x9, On Level: Upper
  • Bedroom 5: Dimensions: 13x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1013

Exterior Features

  • Exterior: Aluminum, Limestone
  • Roof Material: Shingle
  • Outbuilding1: Barn, Dimensions: 36x26, 936
  • Outbuilding2: Shed, Dimensions: 20x13, 260

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x21
  • Garage Sq Ft: 546
  • Garage: Yes

Utilities

  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Heritage
  • Middle School: Heritage
  • High School: Heritage
  • Elementary School: Heritage

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 300X300
  • Estimated Lot Sq Ft: 90000
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1347.52
  • Exemptions: Mortgage

MLS Schools

  • High School: Heritage
  • Middle School: Heritage
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 22, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gibbs Clyde M and Leonard Danielle
Seller's Agent
Sharon White
Premier Inc., REALTORS
Buyer's Agent
Sharon White
Premier Inc., REALTORS
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%
Total Days on Market
56
Current Estimated Value
$179,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,702
Avg. Annual Appreciation
22.04%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Hirschy Jeremy L and Hirschy Jeremy
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 18, 2006
Sold by
Gerardot Carla Sue
Bought by
Hirschy Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Gerardor Carla Sue
Bought by
Bacon Brothers Farms

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
Gibbs Clyde M -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $14,411 None Available
Hirschy Jeremy -- Commonwealth-Dreibelbiss Tit
Bacon Brothers Farms -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirschy Jeremy $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $21,000 -29.8% $11 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $29,900 -- $15 / 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 $584 $137,500 $34,000 $103,500
2022 $580 $129,100 $35,000 $94,100
2021 $451 $108,300 $35,000 $73,300
2020 $450 $108,300 $35,000 $73,300
2019 $444 $106,000 $35,000 $71,000
2018 $439 $101,800 $35,000 $66,800
2017 $384 $95,300 $35,000 $60,300
2016 $316 $87,400 $35,000 $52,400
2014 $468 $83,700 $35,000 $48,700
2013 $1,375 $82,000 $35,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201419202

Indiana Regional MLS

APN: 02-20-15-400-005.000-055