NOT LISTED FOR SALE

317 W Locust St Shelbyville, IN 46176

Estimated Value: $167,000 - $189,000

3 Beds
1 Bath
1,504 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $75,000 $50 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $996/month

130 Days on Market

Highlights

  • 1-Story Property
  • Garage
  • Privacy Fence
  • Forced Air Heating and Cooling System

About This Home

As of May 2016

Two W Locust lots included in this sale. 3BR home and a huge ~40x30 metal building, including shop/garage and office area, separate electric, and furnace installed. Has been given variance in past for commercial function. 1st lot is all yard, with portion completely fenced. Home sits on 2nd lot. Alley access to rear of property, where you find garage. Home has new vinyl windows & new kitchen cabinets. W/D, dishwasher and all appliances included in sale. A nice find for the utility that's offered

Last Agent to Sell the Property

Justin Polston

Mackenzie Allen, Polston & Ass License #RB14043542 Listed on: 01/09/2016

Last Buyer's Agent

Cindy Kanyuh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Block Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Teal 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 731106400405000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.3
  • Subdivision Name: TEAL 1ST
  • Inspection Warranties: Not Applicable
  • Property Description: Two W Locust lots included in this sale. 3BR home and a huge ~40x30 metal building, including shop/garage and office area, separate electric, and furnace installed. Has been given variance in past for commercial function. 1st lot is all yard, with portion completely fenced. Home sits on 2nd lot. Alley access to rear of property, where you find garage. Home has new vinyl windows & new kitchen cabinets. W/D, dishwasher and all appliances included in sale. A nice find for the utility that's offered
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dryer, Kit Exhaust, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1504
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1254
  • Main Level Sq Ft: 1254
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Deck
  • Total Sq Ft: 1504
  • Below Grade Sq Ft: 250
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Driveway Gravel, Fence Full Rear, Fence Privacy, Out Building With Utilities
  • Foundation Details: Block, Concrete Perimeter
  • List Price: 74900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached,Other
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 731106400405000002
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Tree Mature,Trees Small
  • Lot Number: 28 & 29
  • Lot Size: 15000

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1082
  • Semi Annual Property Tax Amt: 541
  • Tax Exemption: MortageTaxExemption
  • Multiple Tax I D: 731106400404000002

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
May 23, 2016
Sold by
Polston Kevin
Bought by
Longnecker Justin
Seller's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
Buyer's Agent
Cindy Kanyuh
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$177,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,482
Avg. Annual Appreciation
9.56%
Original Mortgage
$74,623
Outstanding Balance
$59,579
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$117,903
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
Longnecker Justin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longnecker Justin $74,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2016 05/23/16 Sold $75,000 0.0% $50 / Sq Ft
04/17/2016 04/17/16 Off Market $75,000 -- --
03/29/2016 03/29/16 Price Changed $74,900 -6.3% $50 / Sq Ft
01/09/2016 01/09/16 For Sale $79,900 -- $53 / 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 $778 $92,400 $8,400 $84,000
2023 $756 $93,200 $6,700 $86,500
2022 $802 $93,200 $6,700 $86,500
2021 $671 $85,400 $6,700 $78,700
2020 $598 $82,100 $6,700 $75,400
2019 $482 $75,600 $6,700 $68,900
2018 $455 $71,700 $6,700 $65,000
2017 $481 $75,400 $6,700 $68,700
2016 $628 $83,300 $6,400 $76,900
2014 $516 $78,700 $6,200 $72,500
2013 $516 $78,700 $6,200 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21393766

MIBOR Broker Listing Cooperative®

APN: 73-11-06-400-405.000-002