Seller's Agent in 2021
Lindsey Martin
Choice Realty & Management
(317) 306-5452
41 Total Sales
3810 W State Road 48 Worthington, IN 47471
Estimated Value: $581,000 - $1,093,000
4
Beds
2
Baths
4,085
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Waterfront
- Lake Property
- Wood Flooring
- 160 Acre Lot
- Partially Wooded Lot
- Great Room
About This Home
As of May 2021This gorgeous secluded home feels more like a vacation property. The nearly 4,000 sq. ft. home sits on 160 acres that includes multiple ponds and an 8 acre lake. The 4 bedroom, 2 bath house boasts a large rec room upstairs that is currently used as a gym, a finished basement, and multiple verandas and sun porches that showcase views of the lake from nearly every window. You will enjoy the extras such as heated floors in bathrooms and sunrooms and a central vacuum system. The house is wired for a generator, for extra peace of mind. The lighted and heated 80X50 pole barn features double garage doors and was built as an indoor basketball court. Whether you want to relax on the veranda with a cup of coffee, play basketball, or go hunting or fishing, you can do it all here.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,550
Year Built
- Built in 2000
Lot Details
- 160 Acre Lot
- Waterfront
- Partially Wooded Lot
Parking
- 3 Car Garage
- Basement Garage
Home Design
- Asphalt
Interior Spaces
- 2-Story Property
- Great Room
- Living Room with Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Walk-Out Basement
- 1 Bedroom in Basement
Outdoor Features
- Lake Property
- Lake, Pond or Stream
- Enclosed patio or porch
Schools
- White River Elementary School
- White River Valley Middle School
- White River Valley High School
Utilities
- Forced Air Heating and Cooling System
- Septic System
Listing and Financial Details
- Assessor Parcel Number 28-03-07-000-004.000-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2020
Closed on
Apr 28, 2021
Sold by
Bailey Trust
Bought by
Gibson Luke A and Gibson Leslie R
Seller's Agent
Lindsey Martin
Choice Realty & Management
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$945,000
Sold Price
$815,000
Premium/Discount to List
-$130,000
-13.76%
Total Days on Market
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,771
Avg. Annual Appreciation
2.68%
Original Mortgage
$692,750
Outstanding Balance
$634,435
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$271,336
Purchase Details
Closed on
Jan 30, 2009
Sold by
Bailey Roger B and Bailey Pam
Bought by
Bailey Roger B and Bailey Pamela J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibson Luke A | -- | None Available | |
| Bailey Roger B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibson Leslie R | $692,750 | |
| Closed | Gibson Luke A | $692,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $815,000 | -13.8% | $200 / Sq Ft |
| 12/18/2020 12/18/20 | For Sale | $945,000 | -- | $231 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $4,995 | $450,200 | $70,900 | $379,300 |
| 2023 | $4,876 | $439,300 | $61,500 | $377,800 |
| 2022 | $5,126 | $442,700 | $51,500 | $391,200 |
| 2021 | $4,671 | $398,600 | $46,300 | $352,300 |
| 2020 | $5,691 | $408,600 | $46,100 | $362,500 |
| 2019 | $4,550 | $345,800 | $53,100 | $292,700 |
| 2018 | $4,529 | $347,100 | $54,400 | $292,700 |
| 2017 | $4,481 | $352,900 | $60,200 | $292,700 |
| 2016 | $4,580 | $376,500 | $65,100 | $311,400 |
| 2014 | $4,112 | $350,700 | $65,100 | $285,600 |
| 2013 | -- | $334,900 | $58,000 | $276,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Martin
-
Lori Todd
Seller Co-Listing Agent in 2021
Lori Todd
Choice Realty & Management
(812) 219-7778
61 Total Sales
-
B
Buyer's Agent in 2021
BLOOM NonMember
NonMember BL
Map
Source: Indiana Regional MLS
MLS Number: 202049365
APN: 28-03-07-000-004.000-011
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