NOT LISTED FOR SALE

2862 E 975 S Flat Rock, IN 47234

Estimated Value: $177,078 - $217,000

2 Beds
1 Bath
1,272 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $100,000 $79 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,123/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Cathedral Ceiling
  • Log Cabin
  • Waldron Elementary School Rated 9+
  • 2 Fireplaces
  • Laundry closet

About This Home

As of October 2017

Peace and quiet. Cabin located on the Flatrock river. Enjoy your wooded lot on 2.25 acres. Walk down the side of quarry down to the river. Overlook the river from above on the large deck spanning the entire length of the cabin. Listen to the sound of the waterfall and just relax. Inside the log cabin you will find cathedral ceilings, with master on main level, and second bedroom upstairs, open concept from living room into the kitchen/dining room, and even another bonus room. Check out the rocks in the bathroom. If you are looking for a get-away or just want to feel like no one is around. Then this is your place.

Last Agent to Sell the Property

Nathan Runnebohm

Runnebohm Realty, LLC License #RB14036019 Listed on: 10/05/2017

Last Buyer's Agent

Jason DeArman

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1997

Lot Details

  • 2.26

Home Design

  • Log Cabin
  • Wood Foundation

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Outdoor Storage
  • 2.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 731522400012000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1997
  • Garage Y N: No
  • Lot Size Acres: 2.26
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: Peace and quiet. Cabin located on the Flatrock river. Enjoy your wooded lot on 2.25 acres. Walk down the side of quarry down to the river. Overlook the river from above on the large deck spanning the entire length of the cabin. Listen to the sound of the waterfall and just relax. Inside the log cabin you will find cathedral ceilings, with master on main level, and second bedroom upstairs, open concept from living room into the kitchen/dining room, and even another bonus room. Check out the rocks in the bathroom. If you are looking for a get-away or just want to feel like no one is around. Then this is your place.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1272
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Laundry Closet
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1272
  • Main Level Sq Ft: 1140
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1272
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 132
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Storage
  • Foundation Details: Wood
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Fuel: Wood
  • Garage Parking Description: None

Utilities

  • Sewer: Private Sewer
  • Heating: Wood Stove
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 731522400012000014
  • Acres: 1-3 Acres
  • Lot Information: Riverfront,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 98,446

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1010
  • Semi Annual Property Tax Amt: 505
  • Tax Exemption: None

MLS Schools

  • School District: Shelby Eastern
  • Schools: Waldron Elementary,Waldron High,Waldron Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Oct 27, 2017
Sold by
Sidebottom Steven E
Bought by
Corbin Properties Llc
Seller's Agent
Nathan Runnebohm
Runnebohm Realty, LLC
Buyer's Agent
Jason DeArman
Compass Indiana, LLC
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Current Estimated Value
$192,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,770
Avg. Annual Appreciation
8.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corbin Properties Llc -- Lenders Escrow & Title Servi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2017 10/27/17 Sold $100,000 -13.0% $79 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $114,900 -- $90 / 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 $1,390 $91,800 $15,900 $75,900
2023 $1,375 $88,700 $15,800 $72,900
2022 $1,419 $90,600 $15,700 $74,900
2021 $1,334 $84,600 $15,700 $68,900
2020 $1,298 $84,600 $15,700 $68,900
2019 $1,978 $84,700 $15,800 $68,900
2018 $1,274 $84,700 $15,800 $68,900
2017 $1,044 $73,200 $15,800 $57,400
2016 $1,010 $75,700 $15,800 $59,900
2014 $993 $76,500 $15,800 $60,700
2013 $993 $78,000 $15,800 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21517700

MIBOR Broker Listing Cooperative®

APN: 73-15-22-400-012.000-014