NOT LISTED FOR SALE

2697 E Cottonwood Trail Morristown, IN 46161

Estimated Value: $306,000 - $320,000

3 Beds
2 Baths
1,895 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $270,000 $142 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,799/month

10 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Gas Log Fireplace

About This Home

As of August 2022

This beautiful 3 bedroom, 2 bath home with a loft sits on almost half an acre wooded lot in a quiet neighborhood. The home also has an office on the main level. The upstairs loft adds an additional family room that could be a playroom for the kids or a man cave. This home has an open concept living room, kitchen, dining room, large laundry room and a split bedroom floor plan. For additional storage there is a large garage and storage shed in back of house. Enjoy the beautiful wooded backyard from the large deck. There is plenty of room for the kids to play or even add a pool. This one won't last long!

Last Agent to Sell the Property

Dena Mullins

Real Broker, LLC Listed on: 07/15/2022

Real Broker, LLC

Last Buyer's Agent

Paul Kinslow

Quality Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,895 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include home owners
  • Blue River Trails Subdivision
  • Property managed by Blue River Trails

Listing and Financial Details

  • Assessor Parcel Number 730310200079000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1994

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1994
  • Building Area Total: 1895
  • Garage Y N: Yes
  • Lot Size Acres: 0.4628
  • Subdivision Name: BLUE RIVER TRAILS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Disposal, Microwave, Electric Oven
  • Levels: One Leveland + Loft
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Other Equipment: Network Ready, Smoke Detector
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1895
  • Main Level Sq Ft: 1895
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 270000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 484

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Management Company Name: Blue River Trails

Fee Information

  • Association Fee Includes: Association Home Owners

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730310200079000007
  • Acres: 1/4-1/2 Acre
  • Lot Number: 33
  • Lot Size: 20,160

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1200
  • Semi Annual Property Tax Amt: 600
  • Tax Exemption: HomesteadTaxExemption,MortgageTaxExemptionFiledNotReflected

MLS Schools

  • School District: Shelby Eastern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 30, 2022
Sold by
Moody Trevor W
Bought by
Burge Jason
Seller's Agent
Dena Mullins
Real Broker, LLC
Buyer's Agent
Paul Kinslow
Quality Real Estate Solutions
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$312,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,850
Avg. Annual Appreciation
5.09%
Original Mortgage
$265,109
Outstanding Balance
$255,534
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$59,088

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 21, 2019
Sold by
Kerr Jamie and Kerr Christina
Bought by
Moody Trevor W
Seller's Agent
Annette Nasby
Runnebohm Realty, LLC
Buyer's Agent
Sandra Linville
Realty One Group New Horizons
List Price
$197,000
Sold Price
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$169,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Oct 20, 2016
Sold by
Brown Corey L and Brown Crystal D
Bought by
Kerr Jamie and Kerr Christina
Seller's Agent
Maurice Harbert
Realty World - Harbert Company, Inc
Buyer's Agent
Maurice Harbert
Realty World - Harbert Company, Inc
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$168,000
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Oct 24, 2007
Sold by
Griffin Frank T and Griffin Theresa A
Bought by
Brown Corey L and Brown Crystal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bond Dorothy A
Bought by
Shelby County
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
Burge Jason -- Chicago Title
Moody Trevor W $197,000 Security Title Services
Kerr Jamie -- First American Title
Brown Corey L -- --
Shelby County -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burge Jason $265,109
Previous Owner Moody Trevor W $169,000
Previous Owner Kerr Jamie $168,000
Previous Owner Brown Corey L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $270,000 0.0% $142 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/24/2022 07/24/22 Price Changed $270,000 -3.6% $142 / Sq Ft
07/20/2022 07/20/22 Price Changed $280,000 -3.4% $148 / Sq Ft
07/15/2022 07/15/22 For Sale $290,000 +47.2% $153 / Sq Ft
06/21/2019 06/21/19 Sold $197,000 0.0% $104 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $197,000 +17.3% $104 / Sq Ft
10/20/2016 10/20/16 Sold $168,000 0.0% $89 / Sq Ft
10/20/2016 10/20/16 Sold $168,000 0.0% $89 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/09/2016 09/09/16 Off Market $168,000 -- --
09/09/2016 09/09/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $174,900 0.0% $92 / Sq Ft
07/05/2016 07/05/16 Price Changed $174,900 -2.8% $92 / Sq Ft
06/03/2016 06/03/16 For Sale $179,900 -- $95 / 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 $1,638 $213,900 $22,400 $191,500
2023 $1,552 $208,300 $22,400 $185,900
2022 $1,333 $175,200 $22,400 $152,800
2021 $1,200 $161,300 $22,400 $138,900
2020 $1,162 $161,300 $22,400 $138,900
2019 $685 $154,700 $21,500 $133,200
2018 $510 $137,800 $19,900 $117,900
2017 $433 $132,400 $19,900 $112,500
2016 $740 $130,400 $19,900 $110,500
2014 $712 $130,800 $19,900 $110,900
2013 $712 $133,700 $19,900 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21869141

MIBOR Broker Listing Cooperative®

APN: 73-03-10-200-079.000-007