NOT LISTED FOR SALE

3392 Carmel Ridge Ln Morgantown, IN 46160

Estimated Value: $257,000 - $330,000

2 Beds
1 Bath
1,488 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $168,000 $113 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,637/month

35 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 2 Car Detached Garage
  • Heavily Wooded Lot
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of April 2016

Quiet retreat in the woods! Imagine breakfast overlooking your private pond/lake having fruit from your berry patch, maybe fried chicken at dinner (your own chicken coop). A clean car to drive to town (large 2 car detached garage), all nestled on 6 1/2 acres in the woods, where only soft breezes and the occasional deer or fox makes a sound. All this and an updated 2 bedroom home with Study over walkout basement with many "news" recently added. A must see for those people wanting to get away from the hustle and bustle of the cities. Maybe this could be a second home - but who would ever want to go back?! Note to Agents: Propane gas to be prorated at closing. Boat is included in sale. HMS home warranty will be provided to buyer. Work benches including those on casters are not included with sale, but might be negotiable.

Last Agent to Sell the Property

Larry Pickens

Berkshire Hathaway HomeServices Indiana Realty-Bloomington Listed on: 01/18/2016

Last Buyer's Agent

Larry Pickens

Berkshire Hathaway HomeServices Indiana Realty-Bloomington Listed on: 01/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $496

Year Built

  • Built in 1975

Lot Details

  • 6.48 Acre Lot
  • Waterfront
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Garden Bath

Outdoor Features

  • Lake, Pond or Stream

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 07-03-09-400-133.002-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$496

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1975
  • Age: 41
  • Style: One Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NW SE 09-10-02 6.484 ACRES +/-
  • Parcel Number ID: 07-03-09-400-133.002-002
  • Platted: Yes
  • Amenities: Jet/Garden Tub, Home Warranty Included, Tub/Shower Combination
  • Cross Street: Carmel Ridge Road
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Sp Lp Percent: 93.39
  • Special Features: None

Interior Features

  • Total Sq Ft: 1860
  • Total Finished Sq Ft: 1488
  • Above Grade Finished Sq Ft: 1116
  • Below Grade Finished Sq Ft: 372
  • Below Grade Sq Ft: 372
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Partially Finished
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 12x18, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Breakfast Room: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Den: Dimensions: 11x12, On Level: Main
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Other Room1: Workroom/den/study, Dimensions: 11x19, On Level: Lower
  • Main Level Sq Ft: 1116
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 744

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 8x8, 64

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: South Central REMC
  • Water Company: Brown County Wtr Utility
  • Laundry: Dimensions: 9xLower, On Level: 22
  • Water Type: Pond

Schools

  • School District: Brown County School Corp.
  • Elementary School: Helmsburg/Brown
  • Middle School: Brown County
  • High School: Brown County

Lot Info

  • Lot Description: Heavily Wooded, Waterfront-Medium Bank
  • Estimated Lot Sq Ft: 282443
  • Estimated Lot Size Acres: 6.484

Tax Info

  • Annual Taxes: 495.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Apr 6, 2016
Sold by
Bell Carol A
Bought by
Mccabe Edward J and Mccabe Cori P
Seller's Agent
Larry Pickens
Berkshire Hathaway HomeServices Indiana Realty-Bloomington
Buyer's Agent
Larry Pickens
Berkshire Hathaway HomeServices Indiana Realty-Bloomington
List Price
$179,900
Sold Price
$168,000
Premium/Discount to List
-$11,900
-6.61%
Current Estimated Value
$295,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,062
Avg. Annual Appreciation
6.11%
Original Mortgage
$159,600
Outstanding Balance
$126,792
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$168,270

Purchase Details

Closed on
Jun 1, 2007
Sold by
Mcnett Charles E and Mcnett Kathleen A
Bought by
Bell Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,200
Interest Rate
6.2%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Snider Travis W and Snider Kelli M
Bought by
Brown County Water Utility Inc

Purchase Details

Closed on
May 23, 2006
Sold by
Snider Travis W and Snider Kelli M
Bought by
Mcnett Charles E and Mcnett Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.66%
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
Mccabe Edward J -- Attorney
Bell Carol A -- --
Brown County Water Utility Inc -- --
Mcnett Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccabe Edward J $159,600
Previous Owner Bell Carol A $170,200
Previous Owner Mcnett Charles E $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2016 04/06/16 Sold $168,000 -6.6% $113 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $179,900 -- $121 / 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 $803 $246,200 $62,400 $183,800
2023 $819 $233,000 $62,400 $170,600
2022 $846 $215,800 $57,400 $158,400
2021 $788 $186,600 $52,400 $134,200
2020 $683 $170,900 $47,400 $123,500
2019 $639 $163,000 $47,400 $115,600
2018 $763 $160,100 $47,400 $112,700
2017 $748 $154,400 $47,400 $107,000
2016 $581 $129,100 $47,400 $81,700
2014 $510 $129,200 $47,400 $81,800
2013 $510 $127,500 $47,400 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201601957

Indiana Regional MLS

APN: 07-03-09-400-133.002-002