NOT LISTED FOR SALE

309 W Lafever St Ossian, IN 46777

Estimated Value: $172,000 - $227,000

3 Beds
1.5 Baths
2,304 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $140,000 $61 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,409/month

34 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Air
  • Level Lot

About This Home

As of November 2022

This property will sell at Public Auction on Tuesday, October 25th at 6pm. The price listed is the assessed value with the final price to be determined by bidding at the auction. Open Houses: Tuesday, October 4th from 5 -7 pm. Thursday, October 13th from 5 -7 pm. and Tuesday, October 18th from 5 - 7 pm. This is an amazing opportunity. The property consists of a very unique craftsman style home. From the minute you walk up to the property you will fall in love with the large open porch that is perfect for having your morning cup of coffee. As you enter the large foyer you are greeted an amazing mission style staircase. To the left of the foyer you will find a wonderful formal living room that flows into the dinning room. To the right of the foyer is a nice size family room that leads to a private office area. The kitchen and bath are located at the rear of the home. The built-in oak butlers cupboards offer a tremendous amount of extra storage. The second floor of the home features three nice size bedrooms and a full bath room. The wood work and hardwood floors in this home are second to none. The home is ready for a new owner to bring it back to its original grandeur. This property is further improved with (2) mobile homes. The main mobile home on the property is in good condition and is ready to be rented. The rear mobile home is in poor condition and is not habitable. If you're looking for storage - look no further - This home has two nice size garages on the property. Take advantage of this unique opportunity - live in the home and have the income from the mobile help to make your house payment - Inspect, Arrange Financing and Come Prepared to Bid Your Price on Auction Day.

Last Listed By

Brandon Steffen

Steffen Group Listed on: 09/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120 x 150
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Ossian Elementary School
  • Norwell Middle School
  • Norwell High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 90-02-16-519-005.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,789

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 122
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 05-28-12 ORIG.O.L.W. 120.5'
  • Parcel Number ID: 90-02-16-519-005.000-009
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 3456
  • Total Finished Sq Ft: 2304
  • Above Grade Finished Sq Ft: 2304
  • Below Grade Sq Ft: 1152
  • Price Per Sq Ft: 60.76
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 15x12, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Dining Room: Dimensions: 17x12, On Level: Main
  • Family Room: Dimensions: 22x11, On Level: Main
  • Bedroom 1: Dimensions: 20x11, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Main
  • Bedroom 3: Dimensions: 11x15, On Level: Main
  • Other Room1: Office, Dimensions: 10x7, On Level: Main
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1152

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x34
  • Garage Sq Ft: 816
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Radiant
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Northern Wells Community
  • Elementary School: Ossian
  • Middle School: Norwell
  • High School: Norwell
  • Elementary School: Ossian

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120 x 150
  • Estimated Lot Sq Ft: 17860
  • Estimated Lot Size Acres: 0.41

Tax Info

  • Annual Taxes: 1789

MLS Schools

  • High School: Norwell
  • Middle School: Norwell
  • School District: Northern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Nov 28, 2022
Sold by
Shafer Philip R
Bought by
Chichester Caleb David and Chichester Karen Renee
Seller's Agent
Brandon Steffen
Steffen Group
Buyer's Agent
Brandon Steffen
Steffen Group
List Price
$184,600
Sold Price
$140,000
Premium/Discount to List
-$44,600
-24.16%
Total Days on Market
34
Views
100
Current Estimated Value
$200,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,773
Avg. Annual Appreciation
16.07%
Original Mortgage
$112,000
Outstanding Balance
$109,190
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$91,583

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
Chichester Caleb David -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chichester Caleb David $112,000
Previous Owner Shafer Philip R $17,000
Previous Owner Shafer Philip R $73,600
Previous Owner Shafer Mary K $60,000
Previous Owner Shafer Philip R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $140,000 -24.2% $61 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $184,600 -- $80 / 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 $3,489 $237,200 $17,300 $219,900
2023 $1,417 $218,400 $16,000 $202,400
2022 $1,159 $184,600 $15,700 $168,900
2021 $968 $163,800 $15,700 $148,100
2020 $733 $146,800 $9,600 $137,200
2019 $685 $136,300 $9,600 $126,700
2018 $650 $133,100 $9,600 $123,500
2017 $521 $131,600 $9,600 $122,000
2016 $500 $127,000 $9,400 $117,600
2014 $465 $119,400 $9,100 $110,300
2013 $432 $120,600 $9,100 $111,500
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202239429

Indiana Regional MLS

APN: 90-02-16-519-005.000-009