NOT LISTED FOR SALE

3934 Shepard Rd Freedom, IN 47431

Estimated Value: $399,000 - $581,000

4 Beds
3 Baths
3,449 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $315,000 $91 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,179/month

29 Days on Market

Highlights

  • RV Parking in Community
  • 45 Acre Lot
  • Partially Wooded Lot
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of December 2017

An amazing opportunity to own a fully operational farm. This is one of the most beautiful pieces of property that you can find. The property includes a custom built four bedroom, three bath brick home with an impressive front porch to enjoy the views. There are two operational barns on the property. The stocked pond is the perfect place to spend a lazy afternoon. There are 32 tillable acres and an additional 10-12 acres in hay field. The current owners lease the farm land to a farmer for a share of the sales. There are open pastures as well and a barn that could easily be converted to a horse stable. The possibilities are absolutely endless.

Last Listed By

Matthew Cole

RE/MAX Acclaimed Properties Listed on: 10/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 1998

Lot Details

  • 45 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Covered patio or porch

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-15-12-203-220.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,517

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 19
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Se Nw S12 T9 R5 40a N 1/2 Ne Sw S12 T9 R5 5a |
  • Parcel Number ID: 60-15-12-203-220.000-020
  • Platted: Yes
  • Amenities: Breakfast Bar, Closet(s) Walk-in, Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Jet Tub, Porch Covered, RV Parking, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite
  • Location: Rural
  • Sp Lp Percent: 96.92
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4611
  • Total Finished Sq Ft: 3449
  • Above Grade Finished Sq Ft: 3074
  • Below Grade Finished Sq Ft: 375
  • Below Grade Sq Ft: 1162
  • Price Per Sq Ft: 102.47
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 26x16, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 25x15, On Level: Basement
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 21x13, On Level: Upper
  • Bedroom 4: Dimensions: 18x13, On Level: Upper
  • Loft: Dimensions: 10x7, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1537

Exterior Features

  • Exterior: Aluminum, Brick
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 40x80

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x20
  • Garage Sq Ft: 540
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: White River Co-op
  • Cable Company: Dish Network
  • Laundry: Dimensions: Mainx7, On Level: 11
  • Well Type: Private

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Spencer

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 45 acres
  • Estimated Lot Sq Ft: 1960200
  • Estimated Lot Size Acres: 45

Tax Info

  • Annual Taxes: 2517
  • Exemptions: Homestead

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 28, 2017
Sold by
Evans Robert J and Evans Sarah J
Bought by
James Jason E and James Candace M
Seller's Agent
Matthew Cole
RE/MAX Acclaimed Properties
Buyer's Agent
Matthew Cole
RE/MAX Acclaimed Properties
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
29
Current Estimated Value
$526,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,187
Avg. Annual Appreciation
7.22%
Original Mortgage
$299,250
Outstanding Balance
$255,202
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$270,985

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
James Jason E $315,000 Chicago Title Company, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Jason E $299,250
Previous Owner Evans Robert J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $315,000 -3.1% $91 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $325,000 -- $94 / 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 $3,149 $382,600 $95,300 $287,300
2023 $3,071 $356,700 $80,700 $276,000
2022 $2,664 $279,700 $67,500 $212,200
2021 $2,761 $262,100 $60,600 $201,500
2020 $2,693 $259,700 $58,200 $201,500
2019 $2,567 $235,000 $61,000 $174,000
2018 $2,450 $223,500 $62,500 $161,000
2017 $2,576 $230,700 $69,400 $161,300
2016 $2,517 $222,000 $72,600 $149,400
2014 $2,572 $225,600 $75,200 $150,400
2013 -- $217,200 $66,800 $150,400
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 201749243

Indiana Regional MLS

APN: 60-15-12-203-220.000-020