NOT LISTED FOR SALE

3092 W Cherry St Liberty Center, IN 46766

Estimated Value: $76,000 - $177,000

5 Beds
1 Bath
2,160 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $22,000 $10 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $724/month

97 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Bathtub with Shower
  • Corner Lot
  • 1 Car Detached Garage
  • Ceiling height of 9 feet or more

About This Home

As of April 2021

This investment opportunity is ready for the facelift to make it a home. The house will need new HVAC system, water heater (basement flooded after power shut off)and numerous other repairs. The roof has been repaired and soffits installed. This 1st time buyer or flip will provide lots of opportunity to learn new skills while putting this home back together.

Last Agent to Sell the Property

Andy Eckert

Ness Bros. Realtors & Auctioneers Listed on: 01/06/2021

Last Buyer's Agent

Andy Eckert

Ness Bros. Realtors & Auctioneers Listed on: 01/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $239

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55 x 129
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Southern Wells Elementary And Middle School
  • Southern Wells High School

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 90-09-16-501-002.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$239

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 121
  • Style: Two Story
  • Architectural Style: Foursquare
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: L C ERNST LOT 04 W/2 VAC ALLEY
  • Parcel Number ID: 90-09-16-501-002.000-013
  • Platted: Yes
  • Amenities: Ceiling-9+, Porch Covered, Tub/Shower Combination
  • Cross Street: Morgan
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 16
  • Sp Lp Percent: 81.48
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2700
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 540
  • Price Per Sq Ft: 10.19
  • Basement: Yes
  • Basement Foundation: Cellar
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 16x14, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Dining Room: Dimensions: 16x14, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 18x16, On Level: Upper
  • Bedroom 4: Dimensions: 18x16, On Level: Upper
  • Bedroom 5: Dimensions: 16x12, On Level: Upper
  • Main Level Sq Ft: 1080
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 540

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 6

Schools

  • School District: Southern Wells Community
  • Elementary School: Southern Wells
  • Middle School: Southern Wells
  • High School: Southern Wells
  • Elementary School: Southern Wells

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 55 x 129
  • Estimated Lot Sq Ft: 6970
  • Estimated Lot Size Acres: 0.16
  • Lot Number: 4

Tax Info

  • Annual Taxes: 238.54

MLS Schools

  • High School: Southern Wells
  • Middle School: Southern Wells
  • School District: Southern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Stand Investments Llc
Bought by
Blanco Ramon and Torres Selena
Current Estimated Value
$119,863

Purchase Details

Listed on
Jan 6, 2021
Closed on
Apr 22, 2021
Sold by
Mercado John
Bought by
Stand Investments Llc
Seller's Agent
Andy Eckert
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Andy Eckert
Ness Bros. Realtors & Auctioneers
List Price
$27,000
Sold Price
$22,000
Premium/Discount to List
-$5,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.91%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Sep 8, 2020
Sold by
Wilmington Trust Na
Bought by
Mercado John
Seller's Agent
Craig Johnson
Johnson Realty
Buyer's Agent
Craig Johnson
Johnson Realty
List Price
$39,900
Sold Price
$11,100
Premium/Discount to List
-$28,800
-72.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.27%

Purchase Details

Closed on
Jun 12, 2019
Sold by
Wells County Sheriff
Bought by
Wilmington Trust Na and Mfra Trust 2014-2
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
Blanco Ramon -- None Listed On Document
Stand Investments Llc -- None Available
Mercado John -- None Available
Wilmington Trust Na $66,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stand Investments Llc $174,750
Previous Owner Bowling Asa A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $22,000 -18.5% $10 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $27,000 0.0% $13 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $27,000 +143.2% $13 / Sq Ft
09/24/2020 09/24/20 Sold $11,100 -55.4% $5 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $24,900 -14.1% $12 / Sq Ft
04/10/2020 04/10/20 Price Changed $29,000 -27.3% $13 / Sq Ft
02/24/2020 02/24/20 For Sale $39,900 -- $18 / 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 $817 $79,600 $6,300 $73,300
2023 $708 $71,100 $6,300 $64,800
2022 $741 $71,000 $6,200 $64,800
2021 $642 $58,400 $6,200 $52,200
2020 $773 $64,900 $6,200 $58,700
2019 $239 $65,100 $6,200 $58,900
2018 $230 $63,500 $6,200 $57,300
2017 $203 $62,900 $6,200 $56,700
2016 $196 $62,400 $6,200 $56,200
2014 $87 $63,300 $5,200 $58,100
2013 $81 $63,900 $5,200 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202100407

Indiana Regional MLS

APN: 90-09-16-501-002.000-013