$275,000
SOLD JUN 12, 2025

257 N Letterman Rd Paragon, IN 46166

4 Beds
2 Baths
1,805 Sq Ft
3 Acres

Recently Sold

$152 Per Sq Ft

14% Below List Price

12 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • Covered patio or porch
  • Ranch Style House
  • No HOA
  • Formal Dining Room

About This Home

As of June 2025

Country Living with Space to Spare - and a Price You'll Love! New roof & windows in 2023. Dreaming of wide-open spaces and a home to call your own? Welcome to this charming 4-bedroom, 2-bath brick and stone ranch nestled on 3 scenic, rolling acres. With over 3,200 sq ft of living space and real hardwood floors throughout, this home combines classic beauty with room to grow. Step inside to find bright, spacious living areas and natural finishes that add warmth and character. The full, unfinished basement offers endless possibilities-create a game room, home gym, workshop, or guest suite...the choice is yours! Outside, enjoy your own slice of countryside with wooded acreage perfect for gardening, hiking, or simply unwinding under the trees. Whether you're looking to plant roots or just want some breathing room, this property offers incredible value Come see for yourself-there's so much bang for your buck, you'll be glad you made the move.

Last Agent to Sell the Property

Laura Vermillion

Carpenter, REALTORS® Brokerage Email: lvermillion@callcarpenter.com License #RB14046332 Listed on: 04/21/2025

Carpenter, REALTORS®

Last Buyer's Agent

Jami Elkins

Indiana Gold Group License #RB19000683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1973

Lot Details

  • 3 Acre Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Stone

Interior Spaces

  • 1,805 Sq Ft Home
  • Woodwork
  • Family Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 550736400003000018
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,514

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1973
  • Building Area Total: 3610
  • Garage Y N: Yes
  • Lot Size Acres: 3
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lvermillion@callcarpenter.com
  • Attribution Contact: lvermillion@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Walk Out
  • Appliances: Dryer, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Stained, Bath Sinks Double Main, Eat-in Kitchen
  • Living Area: 1805
  • Main Level Bedrooms: 4
  • Other Equipment: Smoke Alarm
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1805
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Block
  • List Price: 320000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 280

Utilities

  • Heating: Forced Air, Heat Pump, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 130680
  • Parcel Number: 550736400003000018
  • Acres: 3-5 Acres
  • Price Acre: 91667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2514
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 29, 2016
Sold by
Nimmo Thomas L and Nimmo Carol J
Bought by
Fischer Douglas W
Seller's Agent
Deborah Cramer
Better Homes and Gardens Real Estate Gold Key
Buyer's Agent
Laura Vermillion
Carpenter, REALTORS®
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$127,687
Outstanding Balance
$102,951
Interest Rate
3.81%
Mortgage Type
VA
Estimated Equity
$201,036

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 17, 2014
Sold by
Mcevoy Peter F and Mcevoy Peter J
Bought by
Nimmo Thomas J and Nimmo Carol J
Seller's Agent
Ann Jackson
Keller Williams Indy Metro S
Buyer's Agent
Pam Lambert
RE/MAX 1st Realty
List Price
$129,000
Sold Price
$121,900
Premium/Discount to List
-$7,100
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$109,710
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2013
Closed on
Nov 20, 2013
Sold by
Stout Karen E
Bought by
Mcevoy Peter F
Seller's Agent
Ann Jackson
Keller Williams Indy Metro S
Buyer's Agent
Pam Lambert
RE/MAX 1st Realty
List Price
$129,000
Sold Price
$121,900
Premium/Discount to List
-$7,100
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,710
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,687 VA
Previous Owner $109,710 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Sold $275,000 -14.1% $152 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $320,000 +156.0% $177 / Sq Ft
03/01/2016 03/01/16 Sold $125,000 0.0% $35 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $125,000 +2.5% $35 / Sq Ft
01/17/2014 01/17/14 Sold $121,900 -5.5% $34 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $129,000 -- $36 / 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 $2,707 $277,000 $50,100 $226,900
2023 $2,515 $263,000 $42,100 $220,900
2022 $977 $218,400 $42,100 $176,300
2021 $660 $168,200 $29,000 $139,200
2020 $579 $157,100 $29,000 $128,100
2019 $583 $151,700 $24,000 $127,700
2018 $559 $151,500 $24,000 $127,500
2017 $446 $129,500 $24,000 $105,500
2016 $463 $129,500 $24,000 $105,500
2014 $437 $131,000 $24,000 $107,000
2013 $875 $134,100 $24,000 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22033768

MIBOR Broker Listing Cooperative®

APN: 55-07-36-400-003.000-018