NOT LISTED FOR SALE

3031 S County Road 575 E Selma, IN 47383

Estimated Value: $410,000 - $532,000

4 Beds
2 Baths
2,880 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $433,000 $150 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,699/month

35 Days on Market

Highlights

  • 18.2 Acre Lot
  • Living Room with Fireplace
  • Traditional Architecture
  • Selma Elementary School Rated A-
  • Partially Wooded Lot
  • Wood Flooring

About This Home

As of January 2024

Have you been looking for the perfect farm property? Look no further! This property features 18 +/- acres, multiple barns, a beautifully remodeled 2800+ sf home and more! As you approach the property you will notice the stately home that sits at the end of the long tree lined driveway. This home is one of the oldest in Delaware County and was built in 1828. The exterior of the home has been freshly painted and features new windows, and fresh landscaping. The home has a really great layout with large entry halls at the front and back door. Every window in this home offers fantastic country views. The main floor is home to the kitchen, living room, family/ dining room, den, butler's pantry, and full bath. This home features gorgeous original hardwood floors. The kitchen has been completely remodeled with a new layout, new cabinets, new countertops, and new appliances. The kitchen features a beautiful 8 burner gas range with double oven. The butler's pantry features tons of storage. The bathroom has also been completely remodeled. Upstairs you will find 4 large bedrooms plus a large landing that features built in storage. The second full bath is also upstairs. This home has had extensive renovations over the past several years including: new hvac and ductwork for first floor (central air unit is scheduled to be set asap), pellet stove system for second floor, reverse osmosis water system, new windows, fresh paint, some new flooring, radon mitigation system, new pump in pump house for barns, and more). Outside you will love the small orchard featuring apple, pear, plum, and cherry trees. There are multiple barns including a large barn set up perfectly for horses or other livestock. There are also multiple fenced in pastures on the property. The house is perfectly situated so you see both the sunrises to the east and the sunsets to the west. This property is conveniently located within 15 minutes of downtown Muncie, 18 minutes from Ball State University, and less than 5 minutes to Prairie Creek Reservoir.

Last Agent to Sell the Property

Rebekah Hanna

RE/MAX Real Estate Groups Brokerage Phone: 765-760-4556 Listed on: 11/16/2023

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1828

Lot Details

  • 18.2 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 18-12-21-400-002.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 1828

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1828
  • Age: 195
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Parcel Number ID: 18-12-21-400-002.000-010
  • Platted: Yes
  • Amenities: Built-In Bookcase, Foyer Entry, Porch Covered, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 88.39
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3240
  • Total Finished Sq Ft: 2880
  • Above Grade Finished Sq Ft: 2880
  • Below Grade Sq Ft: 360
  • Price Per Sq Ft: 150.35
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Number Of Fireplaces: 3
  • Fireplace: Family Rm, Living/Great Rm, 2nd Bdrm
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 13x17, On Level: Main
  • Kitchen: Dimensions: 13x15, On Level: Main
  • Family Room: Dimensions: 15x17, On Level: Main
  • Den: Dimensions: 7x10, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Upper
  • Bedroom 2: Dimensions: 13x17, On Level: Upper
  • Bedroom 3: Dimensions: 16x16, On Level: Upper
  • Bedroom 4: Dimensions: 12x9, On Level: Upper
  • Other Room1: Butler's Pantry, Dimensions: 10x7, On Level: Main
  • Main Level Sq Ft: 1440
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 360

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air, Other Heating System
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Well Type: Private

Schools

  • School District: Liberty-Perry Community S.D.
  • Elementary School: Selma
  • Middle School: Selma
  • High School: Wapahani
  • Elementary School: Selma

Lot Info

  • Lot Description: Partially Wooded, Rolling, Pasture
  • Estimated Lot Sq Ft: 792792
  • Estimated Lot Size Acres: 18.2

Green Features

  • Energy Efficient: Windows

Tax Info

  • Annual Taxes: 2014.38
  • Total Assessed Value: 232700
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 26, 2024
Sold by
Ferguson Kimberly
Bought by
Voltz Bradley S and Voltz Kayla R
Seller's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$489,900
Sold Price
$433,000
Premium/Discount to List
-$56,900
-11.61%
Views
59
Current Estimated Value
$468,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,863
Avg. Annual Appreciation
4.97%
Original Mortgage
$216,500
Outstanding Balance
$212,674
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$256,189

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 30, 2021
Sold by
Mcrae Bianca N
Bought by
Ferguson Kimberly
Seller's Agent
Reanna Southard
Carpenter, REALTORS®
Buyer's Agent
Patrick Ferguson
Broadway Realty, Inc
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$327,250
Interest Rate
3.01%

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 7, 2021
Sold by
Mcrae Amanda and Johnson Wade
Bought by
Mcrae Bianca N
Seller's Agent
Reanna Southard
Carpenter, REALTORS®
Buyer's Agent
Patrick Ferguson
Broadway Realty, Inc
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
3.01%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Mcrae Amanda Joy and Mcrae Bianca
Bought by
Mcrae Bianca

Purchase Details

Closed on
Jun 30, 2010
Sold by
Mcrae Bianca
Bought by
Mcrae Amanda Joy

Purchase Details

Closed on
Jun 1, 2006
Sold by
Coulter Dlifford G and Coulter Gloria
Bought by
Coulter Jeffrey W
Source: Public Records

Range of Values:

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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
Voltz Bradley S -- None Listed On Document
Ferguson Kimberly $385,000 None Available
Mcrae Bianca N -- None Available
Mcrae Bianca -- None Available
Mcrae Amanda Joy -- None Available
Coulter Jeffrey W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voltz Bradley S $216,500
Previous Owner Ferguson Kimberly $327,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $433,000 -11.6% $150 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $489,900 +27.2% $170 / Sq Ft
09/30/2021 09/30/21 Sold $385,000 0.0% $119 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $385,000 -- $119 / Sq Ft
Source: Indiana Regional MLS

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 $2,417 $242,400 $87,300 $155,100
2023 $2,247 $232,700 $77,600 $155,100
2022 $2,014 $208,900 $58,500 $150,400
2021 $1,855 $182,800 $48,100 $134,700
2020 $1,882 $172,900 $47,800 $125,100
2019 $1,960 $180,400 $55,300 $125,100
2018 $1,878 $179,500 $56,600 $122,900
2017 $1,862 $175,400 $62,900 $112,500
2016 $1,725 $129,700 $72,000 $57,700
2014 $1,828 $131,700 $74,300 $57,400
2013 -- $131,300 $69,400 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202342023

Indiana Regional MLS

APN: 18-12-21-400-002.000-010