NOT LISTED FOR SALE

3765 S 500 E Laotto, IN 46763

Estimated Value: $602,000 - $749,000

4 Beds
2 Baths
3,616 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $549,900 $152 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,798/month

55 Days on Market

Highlights

  • 26.84 Acre Lot
  • Wooded Lot
  • Ranch Style House
  • Open Floorplan
  • Cathedral Ceiling
  • Backs to Open Ground

About This Home

As of May 2020

ALMOST 27 ACRES!! Over the Hill and through the Woods ... Is just where you will find this Delightfully Decorated Custom Built Home on almost 27 acres and over 3600 sqft of living area. This private type setting allows you to take in the true country atmosphere all around you! Featuring "4" Bedrooms, 2 Full baths (w/an addl half bath in the outbuilding), and 2 great sized garages. This property features an oversized covered porch with adjoining stamped concrete patio along with multiple other covered porches for you to take in the beautiful country atmosphere from different directions. Whether HUNTING, EXPLORING NATURE, or enjoying being OFF THE BEATEN PATH. This One Has So Much To Offer!! Never know... this home may definitely fit into your dream home category!! Seller has added over 500 more sqft to the home in the last couple years along with many updates/upgrades Seller requires Pre-Approval Letter or Proof of Funds for showings.

Last Agent to Sell the Property

Nikki King

King Realty, LLC Listed on: 02/05/2020

Last Buyer's Agent

Jerry Hakes

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 2007

Lot Details

  • 26.84 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Property has an invisible fence for dogs
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Wood Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Schools

  • Churubusco Elementary And Middle School
  • Churubusco High School

Utilities

  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 57-20-24-300-018.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt W1/2 Sw1/4 Sec 24 26.84a
  • Parcel Number ID: 57-20-24-300-018.000-007
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Vaulted, Dryer Hook Up Electric, Garage Door Opener, Jet Tub, Open Floor Plan, Range/Oven Hook Up Elec, Stand Up Shower, Great Room, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Section Number: 24
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4120
  • Total Finished Sq Ft: 3616
  • Above Grade Finished Sq Ft: 2320
  • Below Grade Finished Sq Ft: 1296
  • Below Grade Sq Ft: 504
  • Basement: Yes
  • Basement Foundation: Crawl, Daylight, Finished, Outside Entrance, Partial Basement, Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Rec Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 17x25, On Level: Main
  • Kitchen: Dimensions: 11x14, On Level: Main
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: Dimensions: 16x17, On Level: Basement
  • Recreation Room: Dimensions: 17x30, On Level: Basement
  • Extra Room: Foyer, Dimensions: 11x8, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 17x12, On Level: Main
  • Bedroom 4: Dimensions: 10x10, On Level: Main
  • Other Room1: Utility, Dimensions: 13x8, On Level: Basement
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1800

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 40x30
  • Fence: Invisible

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx9, On Level: 9
  • Well Type: Private

Schools

  • Elementary School: Churubusco

Lot Info

  • Lot Description: Rolling, Wooded
  • Lot Dimensions: 26 acres (plus or minus) irregular shape
  • Estimated Lot Sq Ft: 1169150
  • Estimated Lot Size Acres: 26.84

Tax Info

  • Annual Taxes: 3033.26
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Churubusco
  • Middle School: Churubusco
  • School District: Smith-Green Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
May 1, 2020
Sold by
Leffers Joseph C and Leffers Trina M
Bought by
Ostlund Daniel M
Seller's Agent
Nikki King
King Realty, LLC
Buyer's Agent
Jerry Hakes
North Eastern Group Realty
List Price
$549,900
Sold Price
$549,900
Current Estimated Value
$668,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,041
Avg. Annual Appreciation
3.52%
Original Mortgage
$549,900
Outstanding Balance
$386,408
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$282,533
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ostlund Daniel M $687,375 Trademark Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostlund Daniel M $549,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $549,900 0.0% $152 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $549,900 -- $152 / 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 $3,648 $477,300 $59,000 $418,300
2023 $3,760 $458,200 $53,000 $405,200
2022 $3,483 $435,300 $46,000 $389,300
2021 $3,093 $400,300 $43,700 $356,600
2020 $2,864 $325,200 $37,000 $288,200
2019 $2,965 $323,000 $39,900 $283,100
2018 $3,033 $316,300 $40,500 $275,800
2017 $2,063 $273,100 $40,400 $232,700
2016 $1,698 $261,500 $41,700 $219,800
2014 $1,465 $248,800 $38,900 $209,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202004501

Indiana Regional MLS

APN: 572024300018000007