$154,000 - $187,000
RENTED APR 19, 2025

2850 W Mercer Ln Pendleton, IN 46064

3 Beds
1 Bath
960 Sq Ft
$173 Price per Sq Ft

Highlights

  • Ranch Style House
  • Wood Flooring
  • Porch
  • Pendleton Heights High School Rated 9+
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2025

Urgent !!! Unauthorized and unknown persons have Illegally tried to represent this property. Please make sure all potential tenants and or their Agent representatives are in-touch with correct listing office.** COZY 3BD 1BA RANCH is just big enough! * located on a PRIVATE Road in Pendelton, IN * REALLY CLOSE to Pendelton Schools* just 3 minutes from downtown*hardwood flooring throughout*CUTE Eat in Kitchen with Pantry*Electric Stove and Refrigerator provided*Washer/Dryer Hook up*Freshly graveled DRIVE WAY* enjoy the WOODED LOT and the Creek that backs up to property**Landlord request only 18 month lease, NO PETS and NO SMOKERS **AVAILABLE NOW**

Last Agent to Rent the Property

Ruby Simpson

Simpson Real Estate & Property Management, LLC Brokerage Email: rds-homes@sbcglobal.net License #RB14028468 Listed on: 12/14/2024

Last Renter's Agent

Ruby Simpson

Simpson Real Estate & Property Management, LLC Brokerage Email: rds-homes@sbcglobal.net License #RB14028468 Listed on: 12/14/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.32 Acre Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • Paddle Fans
  • Vinyl Clad Windows
  • Window Screens
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Storm Windows
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Porch

Schools

  • Pendleton Heights Middle School
  • Pendleton Heights High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,175
  • Property Available on 1/1/25
  • Tenant pays for security, all utilities, cable TV, insurance, lawncare, sewer, trash collection, water
  • The owner pays for ins hazard, insurance, no utilities, taxes
  • 18-Month Minimum Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 481415300010000012

Home Details

Home Type

Single Family

Year Built

Built in 1955 | Remodeled

Lot Details

0

Rental Info

  • Available Date: 2025-01-01
  • Lease Amount: 1275
  • Lease Term: Months - 18
  • Tenant Pays: Security, All Utilities, Cable TV, Insurance, Lawncare, Sewer, Trash Collection, Water
  • Min Lease Req: 18
  • Pet Deposit: 0
  • Security Deposit: 1175
  • Smoking: No
  • Application Fee: 100
  • Pet Deposit Refundable Y N: No
  • Security Deposit Refundable Y N: Yes
  • Leased Type: Leased
  • Lease Termin Months: 18

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Building Area Total: 960
  • Garage Y N: No
  • Lot Size Acres: 0.32
  • Subdivision Name: No Subdivision
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: rds-homes@sbcglobal.net
  • Attribution Contact: rds-homes@sbcglobal.net
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Electric Oven, Refrigerator, Water Softener Rented
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Screens Some, Storms Some, Windows Vinyl
  • Living Area: 960
  • Main Level Bedrooms: 3
  • Owner Pays: Ins Hazard, Insurance, No Utilities, Taxes
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Exterior Features: Barn Mini, Storage Shed
  • Foundation Details: Slab
  • List Price: 1275
  • Patio And Porch Features: Open Patio, Porch Open
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel
  • Fuel: No Fuel Source

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Forced Air
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: No

Schools

  • Middle Or Junior School: Pendleton Heights Middle School

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 14113
  • Parcel Number: 481415300010000012
  • Acres: 1/4-1/2 Acre
  • Price Acre: 3984

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Other/See Remarks

Tax Info

  • Tax Annual Amount: 1190
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 595
  • Tax Exemption: None

MLS Schools

  • High School: Pendleton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2024
Closed on
Apr 11, 2025
Sold by
Haller Lisa K
Bought by
Falls Pointe Properties Llc
Seller's Agent
Ruby Simpson
Simpson Real Estate & Property Management, LLC
Buyer's Agent
Ruby Simpson
Simpson Real Estate & Property Management, LLC
Sold Price
$1,275
Views
200
Current Estimated Value
$166,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,017

Purchase Details

Listed on
Apr 5, 2019
Closed on
Mar 29, 2019
Sold by
Springfield Janet K
Bought by
Haller Lisa Kay
Seller's Agent
Ruby Simpson
Simpson Real Estate & Property Management, LLC
Buyer's Agent
Ruby Simpson
Simpson Real Estate & Property Management, LLC
Sold Price
$750
Source: Public Records

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
Falls Pointe Properties Llc -- None Listed On Document
Haller Lisa Kay -- Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 Rented $1,275 0.0% --
03/17/2025 03/17/25 Under Contract -- -- --
02/06/2025 02/06/25 Price Changed $1,275 -7.3% $1 / Sq Ft
12/16/2024 12/16/24 Price Changed $1,375 +1.9% $1 / Sq Ft
12/14/2024 12/14/24 For Rent $1,350 +80.0% --
04/26/2019 04/26/19 Rented $750 0.0% --
04/10/2019 04/10/19 Under Contract -- -- --
04/04/2019 04/04/19 For Rent $750 -- --
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 $1,275 $64,900 $11,500 $53,400
2023 $1,189 $59,400 $11,000 $48,400
2022 $1,035 $52,500 $10,500 $42,000
2021 $939 $47,300 $9,500 $37,800
2020 $900 $45,000 $9,000 $36,000
2019 $1,363 $45,000 $9,000 $36,000
2018 $841 $42,000 $9,000 $33,000
2017 $717 $35,800 $7,600 $28,200
2016 $697 $34,800 $7,400 $27,400
2014 $658 $32,800 $6,900 $25,900
2013 $658 $33,800 $6,900 $26,900
Source: Public Records

Agents Affiliated with this Home

  • Ruby Simpson

    Landlord's Agent in 2025

    Ruby Simpson

    Simpson Real Estate & Property Management, LLC

    (317) 989-8586

    43 Total Sales

    Ruby Simpson
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22015068

MIBOR Broker Listing Cooperative®

APN: 48-14-15-300-010.000-012

Indiana Madison County Pendleton 46064

2850 W Mercer Ln, Pendleton, IN

This home is located at 2850 W Mercer Ln, Pendleton, IN 46064 since 14 December 2024 and is currently priced at $166,292. This property was built in 1955. 2850 W Mercer Ln is a home located in Madison County with nearby schools including Pendleton Heights 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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