NOT LISTED FOR SALE

289 W Washington St Morgantown, IN 46160

Estimated Value: $83,581 - $99,000

0.22 Acre
$414,959 Price per Acre
9,583 Sq Ft Lot

Last Sold December 20, 2019

Last sale price $52,000 $20 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $516/month

134 Days on Market

About This Lot

As of December 2019

**DEVELOPMENT POSSIBILITIES**Possible commercial property in the the heart of Morgantown, just minutes from Nashville. Located near intersection of IN 252/135. Property is full of possibilities and offers good visibility for development. DTC 6000 approximately and progressive growth since 2013. Not far from Martinsville, Trafalgar, or Nashville. Situated near new gas station/convenience store, new post office, and newly developed office space.

Come be a part of a growing community.

Last Agent to Sell the Property

Michael Powell

Listed on: 07/29/2019

Last Buyer's Agent

Janice Kernel

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $260

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$260

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: Head East from Martinsville on IN 252. Arrive in Morgantown, house is located on Southwest corner of IN 252 and IN 135.
  • New Construction: No
  • Road Frontage Type: HwyState, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: MORGANTOWN
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Water: Municipal Water on Site
  • Traffic Count: 6000
  • Disclosures: Not Applicable
  • Topography: Cleared,Filled,Level

Utilities

  • Solid Waste: 0
  • Sanitary Sewer: 1
  • Sewer: Municipal Sewer On Site

Lot Info

  • Acres: <1/4 Acre
  • Lot Number: 53
  • Lot Size: .22
  • Improvements: Sidewalks,StormSewer,Paved Streets
  • Price Acre: 272273
  • Gross Acres: 0.2200
  • Usable Acres: 0.2200
  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Zoning: R1

Tax Info

  • Semi Annual Property Tax Amt: 130
  • Tax Exemption: None
  • Tax Annual Amount: 260
  • Tax Year: 2018

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Dec 20, 2019
Sold by
Powell Paul V and Powell Cathy S
Bought by
Whiteland Llc
Seller's Agent
Michael Powell
Buyer's Agent
Janice Kernel
Keller Williams Indy Metro S
List Price
$93,200
Sold Price
$52,000
Premium/Discount to List
-$41,200
-44.21%
Current Estimated Value
$91,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,291
Avg. Annual Appreciation
10.02%

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 2, 2018
Sold by
Duncan Donald R and Duncan Monika M
Bought by
Powell Paul V and Powell Cathy S
Seller's Agent
Michael Powell
Buyer's Agent
Michael Powell
List Price
$31,900
Sold Price
$25,000
Premium/Discount to List
-$6,900
-21.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.19%
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
Whiteland Llc -- Title Alliance Of Indy Metro
Powell Paul V -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $52,000 -13.2% $20 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $59,900 -20.0% $23 / Sq Ft
09/10/2019 09/10/19 Price Changed $74,900 -19.6% $29 / Sq Ft
07/29/2019 07/29/19 For Sale $93,200 +272.8% $36 / Sq Ft
11/02/2018 11/02/18 Sold $25,000 -21.6% $13 / Sq Ft
10/04/2018 10/04/18 For Sale $31,900 -- $16 / 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 $223 $13,100 $13,100 $0
2023 $383 $25,400 $25,400 $0
2022 $199 $13,100 $13,100 $0
2021 $197 $13,100 $13,100 $0
2020 $193 $65,000 $64,500 $500
2019 $1,233 $85,200 $12,900 $72,300
2018 $271 $74,100 $12,900 $61,200
2017 $259 $69,900 $12,900 $57,000
2016 $257 $69,900 $12,900 $57,000
2014 $204 $91,700 $12,900 $78,800
2013 $204 $91,700 $12,900 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21658640

MIBOR Broker Listing Cooperative®

APN: 55-14-25-130-006.000-013