NOT LISTED FOR SALE

Estimated Value: $140,000 - $278,000

2 Beds
1 Bath
1,570 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $54,000 $34 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,152/month

60 Days on Market

Highlights

  • 2.11 Acre Lot
  • Deck
  • 1-Story Property
  • New Palestine Jr High School Rated A-
  • Vaulted Ceiling
  • Garage

About This Home

As of October 2013

This is a "Rammed Earth Home" built in 1951 with consultation from Frank Lloyd Wright, affectionately known as the "Mud Hut" to locals. House is in need of repairs but sits on 2+ acres of park-like setting. There is a 2 car detached garage and a small chapel. Property is zoned Commercial: Neighborhood (CN).

Last Listed By

David Going

Going Property Group, LLC License #RB14036979 Listed on: 07/31/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1950

Lot Details

  • 2.11 Acre Lot
  • Property is Fully Fenced

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 301003200003003012

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 2.11
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This is a "Rammed Earth Home" built in 1951 with consultation from Frank Lloyd Wright, affectionately known as the "Mud Hut" to locals. House is in need of repairs but sits on 2+ acres of park-like setting. There is a 2 car detached garage and a small chapel. Property is zoned Commercial: Neighborhood (CN).
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s)
  • Living Area: 1570
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Bedroom Other on Main,Utility Room
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1570
  • Main Level Sq Ft: 1570
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1570
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Complete
  • Foundation Details: Slab
  • List Price: 79500
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener,Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Hot Water
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 301003200003003012
  • Acres: 1-3 Acres
  • Lot Information: Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 1
  • Lot Size: 2.11 Acres

Tax Info

  • Tax Annual Amount: 622
  • Semi Annual Property Tax Amt: 311
  • Tax Exemption: None

MLS Schools

  • School District: Southern Hancock County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2014
Sold by
Aaa Property Investments Llc
Bought by
Davidson Management Co Llc
Total Days on Market
60
Current Estimated Value
$196,983

Purchase Details

Listed on
Jul 31, 2013
Closed on
Oct 15, 2013
Sold by
Aaa Property Investments Llc
Bought by
Davidson Management Co Llc
Seller's Agent
David Going
Going Property Group, LLC
Buyer's Agent
Phyllis Bruce
Carpenter, REALTORS®
List Price
$79,500
Sold Price
$54,000
Premium/Discount to List
-$25,500
-32.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jul 26, 2012
Sold by
Estate Of Carolyn G Orr
Bought by
Aaa Property Investments Llc
Seller's Agent
Dan Adams
Artisan, REALTORS®
Buyer's Agent
David Going
101 Realty Group, LLC
List Price
$48,000
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%

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
Davidson Management Co Llc -- None Available
Davidson Management Co Llc $54,000 None Available
Aaa Property Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Davidson Management Co Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $54,000 -32.1% $34 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $79,500 +65.6% $51 / Sq Ft
07/27/2012 07/27/12 Sold $48,000 0.0% $31 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $48,000 -- $31 / 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 $722 $117,400 $33,000 $84,400
2023 $722 $108,700 $32,800 $75,900
2022 $349 $69,800 $32,500 $37,300
2021 $408 $69,500 $32,500 $37,000
2020 $397 $72,600 $32,500 $40,100
2019 $406 $70,800 $32,500 $38,300
2018 $380 $70,800 $32,500 $38,300
2017 $386 $69,200 $32,500 $36,700
2016 $418 $69,700 $32,500 $37,200
2014 $555 $80,500 $32,500 $48,000
2013 $555 $80,600 $32,500 $48,100
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21247682

MIBOR Broker Listing Cooperative®

APN: 30-10-03-200-003.003-012