$240,000
SOLD DEC 18, 2024

318 Colescott St Shelbyville, IN 46176

5 Beds
2 Baths
3,276 Sq Ft
8,752 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

9% Below List Price

45 Days on Market

Highlights

  • Craftsman Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Wood Flooring
  • Double Oven
  • Storm Windows

About This Home

As of December 2024

Looking for a Spacious Home That You Can Actually Afford? Well Take a Look at This Well Kept total Brick Home located In the Heart Of Town. Offering up to 5 bedrooms, 2 levels of living areas makes if perfect for growing families. Step inside and you will notice the owner has lovingly and meticulously taken care of every detail in this home from updated kitchen, bath, windows,roof, mechanicals, paint,carpeting and so much more,(list of all updates included). Wonderful Fireplace area with built in book shelves in living room area, sunroom,office, 37 new windows total! Downstairs offers Family Room, 2 additional bedrooms, spacious bath and laundry areas and private entrance/exit , mechanical room and a work shop. 2 car over sized garage with porch area. Sit out back on your covered porch areas your and enjoy lovely landscaped private back yard oasis. Extra off street parking that is black top. Immediate Possession List of all updates included

Last Agent to Sell the Property

Jeanie Mohr

Premier Real Estate LLC Brokerage Email: premierrealestate@tds.net License #RB14027738 Listed on: 09/30/2024

Last Buyer's Agent

Phil Corrona

Fathom Realty License #RB14045684

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1930 | Remodeled

Parking

  • 2 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Built-in Bookshelves
  • Window Screens
  • Living Room with Fireplace
  • Storm Windows
  • Basement

Kitchen

  • Double Oven
  • Built-In Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks
  • Covered Patio or Porch

Additional Features

  • 8,752 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 660
  • Assessor Parcel Number 731106400581000002
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Building Area Total: 3335
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: premierrealestate@tds.net
  • Attribution Contact: premierrealestate@tds.net
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dryer, MicroHood, Double Oven, Refrigerator, Washer
  • Levels: One Leveland + Loft
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1120
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Screens Complete, Storms Complete
  • Living Area: 3276
  • Main Level Bedrooms: 2
  • Eating Area: Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1572
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 584
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 6

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick
  • List Price: 254500
  • Patio And Porch Features: Covered Patio, Covered Porch, Multiple Decks
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 660

Utilities

  • Utilities: Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8752
  • Parcel Number: 731106400581000002
  • Acres: <1/4 Acre
  • Price Acre: 1200000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1320
  • Tax Lot: 660
  • Semi Annual Property Tax Amt: 660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 18, 2024
Sold by
Philip W Freeman Irrevocable Trust and Freeman Theodore J
Bought by
Hammond Robert B
Seller's Agent
Jeanie Mohr
Premier Real Estate LLC
Buyer's Agent
Phil Corrona
Fathom Realty
List Price
$264,500
Sold Price
$240,000
Premium/Discount to List
-$24,500
-9.26%
Views
59
Current Estimated Value
$251,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,178
Avg. Annual Appreciation
5.06%
Original Mortgage
$225,000
Outstanding Balance
$223,631
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$24,434

Purchase Details

Closed on
Jan 9, 2024
Sold by
Freeman Philip W
Bought by
Philip W Freeman Irrevocable Trust and Freeman

Purchase Details

Closed on
May 21, 2008
Sold by
Freeman Philip W and Freeman Elizabeth M
Bought by
Freeman Philip W

Purchase Details

Closed on
Aug 24, 2007
Sold by
Miller Johnny W and Miller Joyce A
Bought by
Freeman Philip W and Freeman Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $240,000 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 VA
Previous Owner $52,452 Credit Line Revolving
Previous Owner $81,000 New Conventional
Previous Owner $24,000 Future Advance Clause Open End Mortgage
Previous Owner $110,000 New Conventional
Previous Owner $15,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $240,000 -5.7% $73 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/09/2024 11/09/24 Price Changed $254,500 -3.8% $78 / Sq Ft
09/30/2024 09/30/24 For Sale $264,500 -- $81 / 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 $1,661 $166,100 $14,300 $151,800
2023 $1,320 $131,500 $11,300 $120,200
2022 $1,312 $131,500 $11,300 $120,200
2021 $1,210 $121,300 $11,300 $110,000
2020 $1,170 $117,300 $11,300 $106,000
2019 $1,072 $107,500 $11,300 $96,200
2018 $995 $102,100 $11,300 $90,800
2017 $1,076 $107,100 $11,300 $95,800
2016 $1,356 $135,000 $10,900 $124,100
2014 $1,292 $128,500 $10,600 $117,900
2013 $1,292 $128,500 $10,600 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22004437

MIBOR Broker Listing Cooperative®

APN: 73-11-06-400-581.000-002