NOT LISTED FOR SALE

2588 E Us Highway 40 Clayton, IN 46118

Estimated Value: $679,000 - $1,005,532

3 Beds
3 Baths
2,392 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $897,500 $375 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,092/month

33 Days on Market

About This Home

As of December 2021

The possibilities are endless with this custom home, event center, historic barn, inground pool, trails, pond & woods.Naturally wooded & completely private yet only 5 mins to Plainfield & 20 min to airport. Welcome home to this stunning, multi-use,nearly 10 wooded acres.The 2,392 sf home boasts 3 beds/3 baths, office,dining room,Family room & living room with vaulted ceilings.Exquisite chef’s kitchen updated w/ new cabinets,quartz counters, dbl ovens, ss appliances & tile backsplash. Addtl 1,000+ sf in covered inground pool,sunroom & numerous outdoor patios perfect for entertaining.Addtl income potential for hosting weddings, concerts or private gatherings in the Event Center. Professionally landscaped. Asphalt driveway.Truly one of a kind!

Last Agent to Sell the Property

Rachael Phillips

In-Site Real Estate Services License #RB14032184 Listed on: 09/29/2021

Co-Listed By

Whitney Dahlstrom

RE/MAX Edge License #RB20001490

Last Buyer's Agent

Alesia Brown

Alesia Brown Realty Group, Inc License #RB16001660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,688

Year Built

  • 1988

Lot Details

  • 10

Parking

  • 2

Interior Spaces

  • Formal Dining Room
  • Laundry on main level

Utilities

  • Heating System Uses Propane

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,688

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Ranch
  • Co List Office Mls Id: MBRRRPP01
  • Co List Office Phone: 765-676-6000
  • Directions: US 40 West of Plainfield, IN. About a mile west of Cartersburg Road. Home is on the Northside of the Road. No Sign on the property
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Oven, Kitchen Exhaust
  • Fireplace Features: Family Room, Gas Log
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 2392
  • Main Level Sq Ft: 2392
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Suite
  • Kitchen Features: Center Island,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Window Bay Bow, Wood Work Painted
  • Other Equipment: CO Detectors, Network Ready, Security Alarm Paid, Sump Pump, Water Purifier, Water-Softener Owned

Exterior Features

  • Exterior Features: Barn Pole, Driveway Asphalt, Out Building With Utilities, In Ground Pool
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Glass Enclosed Porch
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: Attached,Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Finished Garage,Service Door
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 5-10 Acres
  • Lot Information: Irregular,Pond,Tree Mature,Wooded
  • Lot Number: 1
  • Lot Size: 426452

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1844
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 321401251001000013
  • Tax Annual Amount: 3688
  • Tax Year: 2021

MLS Schools

  • School District: Mill Creek Community
  • Schools: Cascade High,Cascade Middle,Mill Creek East Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 6, 2021
Sold by
Debra Lance Land Llc
Bought by
Petree Jerry and Armour Rieley
Seller's Agent
Rachael Phillips
In-Site Real Estate Services
Buyer's Agent
Alesia Brown
Alesia Brown Realty Group, Inc
Sold Price
$897,500
Current Estimated Value
$865,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,367
Avg. Annual Appreciation
-3.81%
Original Mortgage
$597,500
Outstanding Balance
$555,349
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$222,658

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jan 8, 2016
Sold by
Matthews Raymond H and Matthews Kathy L
Bought by
Debra Lance Land Llc
Seller's Agent
Brandon Lawson
Weichert, Realtors - Lawson & Co.
Buyer's Agent
Joylee Kivett
RE/MAX Centerstone
List Price
$599,000
Sold Price
$490,000
Premium/Discount to List
-$109,000
-18.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
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
Petree Jerry $897,500 None Available
Debra Lance Land Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petree Jerry $597,500
Previous Owner Debra Lance Land Llc $200,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $897,500 0.0% $375 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 For Sale -- -- --
10/07/2021 10/07/21 Off Market $897,500 -- --
09/29/2021 09/29/21 For Sale $875,000 +78.6% $366 / Sq Ft
01/08/2016 01/08/16 Sold $490,000 -18.2% $205 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
12/08/2015 12/08/15 For Sale $599,000 0.0% $250 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $599,000 -- $250 / 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 $4,535 $537,800 $122,300 $415,500
2023 $5,073 $587,100 $119,600 $467,500
2022 $4,281 $485,000 $110,700 $374,300
2021 $4,066 $439,200 $108,500 $330,700
2020 $3,689 $437,200 $117,500 $319,700
2019 $3,352 $402,500 $87,100 $315,400
2018 $3,160 $321,600 $87,100 $234,500
2017 $4,304 $310,900 $43,500 $267,400
2016 $4,348 $321,400 $66,000 $255,400
2014 $2,655 $329,600 $78,200 $251,400
Source: Public Records

Agents Affiliated with this Home

  • Rachael Phillips

    Seller's Agent in 2021

    Rachael Phillips

    In-Site Real Estate Services

    (317) 679-1226

    13 in this area

    115 Total Sales

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  • Whitney Dahlstrom

    Seller Co-Listing Agent in 2021

    Whitney Dahlstrom

    RE/MAX Edge

    (765) 376-9105

    3 in this area

    53 Total Sales

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  • Alesia Brown

    Buyer's Agent in 2021

    Alesia Brown

    Alesia Brown Realty Group, Inc

    (317) 918-5532

    2 in this area

    46 Total Sales

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  • Brandon Lawson

    Seller's Agent in 2016

    Brandon Lawson

    Weichert, Realtors - Lawson & Co.

    (317) 946-9900

    17 in this area

    75 Total Sales

    Section Image
  • Joylee Kivett

    Buyer's Agent in 2016

    Joylee Kivett

    RE/MAX Centerstone

    (317) 445-3190

    2 in this area

    59 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21815803

MIBOR Broker Listing Cooperative®

APN: 32-14-01-200-012.000-013

Indiana Hendricks County Clayton 46118

2588 E Us Highway 40, Clayton, IN

This home is located at 2588 E Us Highway 40, Clayton, IN 46118 since 29 September 2021 and is currently estimated at $865,133, approximately $361 per square foot. This property was built in 1988. 2588 E Us Highway 40 is a home located in Hendricks County with nearby schools including Cascade Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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