NOT LISTED FOR SALE

Estimated Value: $37,000 - $124,000

2 Beds
1 Bath
750 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $38,000 $51 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $491/month

89 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property
  • Rustic Architecture

About This Home

As of September 2024

Diamond in the rough. This one has been gutted. You can redesign and construct the inside the way you like once it's yours. Huge double lot combined as one with a 2 car detached garage. This one is in Decatur Schools and within a community neighborhood. This one just needs quite a bit of work to make it yours. A prior owner started to add a 2nd level but the floor structure at the top of the stairs that goes out over the main front is not safe to walk on. It is blocked by a large piece of plywood. Please, stay on boards to when walking around main level since most all subfloor has been removed leaving it open to a visible crawl space.

Last Agent to Sell the Property

Jackie Lovell

New Quantum Realty Group Brokerage Email: jackie@jackielovell.com License #RB14026114 Listed on: 06/14/2024

Last Buyer's Agent

Derrin Phoenix

Carpenter, REALTORS® License #RB14045722

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 10,411

Parking

  • 2 Car Detached Garage

Home Design

  • Rustic Architecture
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Permanent Attic Stairs

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Gold Academy Elementary School
  • Decatur Middle School
  • Decatur Central High School

Additional Features

  • 10,411 Sq Ft Lot
  • Well

Community Details

  • No Home Owners Association
  • Mars Hill Subdivision

Listing and Financial Details

  • Tax Lot 49-11-29-111-529.000-200
  • Assessor Parcel Number 491129111529000200
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1940
  • Building Area Total: 750
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: Mars Hill
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.newquantumrealtygroup.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: jackie@jackielovell.com
  • Attribution Contact: jackie@jackielovell.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Stairway
  • Living Area: 750
  • Spa Y N: No
  • Areas Interior: Other
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 750
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Direction Faces: East
  • Disclosures: BankOwned
  • Exterior Features: Other
  • Fencing: Partial
  • Foundation Details: See Remarks
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Fuel: No Fuel Source
  • Garage Parking Other: Other

Utilities

  • Utilities: Septic System, Well
  • Cooling: None
  • Heating: No Heating
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10411
  • Parcel Number: 491129111529000200
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1488
  • Tax Lot: 49-11-29-111-529.000-200
  • Semi Annual Property Tax Amt: 744
  • Tax Exemption: None

MLS Schools

  • Elementary School: Gold Academy
  • High School: Decatur Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Sep 26, 2024
Sold by
Ef Holdco Wre Assets Reo Llc
Bought by
Weasel Investments Llc
Seller's Agent
Jackie Lovell
New Quantum Realty Group
Buyer's Agent
Derrin Phoenix
Carpenter, REALTORS®
List Price
$60,000
Sold Price
$38,000
Premium/Discount to List
-$22,000
-36.67%
Views
971
Current Estimated Value
$77,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,956
Avg. Annual Appreciation
100.90%

Purchase Details

Closed on
May 29, 2024
Sold by
Sheriff/Marion County State/In
Bought by
Ef Mortgage Llc

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 14, 2022
Sold by
Ballenger Michael D
Bought by
Newark Solutions Llc
Seller's Agent
Jennifer Hicks
Keller Williams Indy Metro W
Buyer's Agent
Stacie Kidwell Sandoval
Sandcastle Real Estate, LLC
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$72,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weasel Investments Llc -- None Listed On Document
Ef Holdco Wre Assets Reo Llc -- None Listed On Document
Ef Mortgage Llc $56,000 None Listed On Document
Newark Solutions Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newark Solutions Llc $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $38,000 -15.6% $51 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $45,000 -25.0% $60 / Sq Ft
06/15/2024 06/15/24 For Sale $60,000 +9.1% $80 / Sq Ft
10/06/2022 10/06/22 Sold $55,000 -15.3% $73 / Sq Ft View Prior Sale
09/03/2022 09/03/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $64,900 -7.3% $87 / Sq Ft
08/18/2022 08/18/22 For Sale $70,000 -- $93 / 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 $5,027 $72,400 $6,700 $65,700
2023 $5,027 $68,500 $6,700 $61,800
2022 $1,609 $66,400 $6,700 $59,700
2021 $1,065 $41,300 $6,700 $34,600
2020 $960 $42,200 $6,700 $35,500
2019 $1,080 $42,200 $6,700 $35,500
2018 $1,027 $40,500 $6,700 $33,800
2017 $1,011 $39,600 $6,700 $32,900
2016 $998 $39,200 $6,700 $32,500
2014 $848 $37,200 $6,700 $30,500
2013 $249 $37,200 $6,700 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21985336

MIBOR Broker Listing Cooperative®

APN: 49-11-29-111-529.000-200