NOT LISTED FOR SALE

3941 S State Road 25 Mentone, IN 46539

Estimated Value: $198,000 - $225,599

3 Beds
1 Bath
848 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $122,500 $144 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,216/month

6 Days on Market

Highlights

  • Ranch Style House
  • Lot Has A Rolling Slope
  • Carpet
  • 5 Car Detached Garage

About This Home

As of November 2018

More than 8 Acres, with sell offs available. Simple home, seller has lived there their entire life. Includes 8.63 Acres. 3 very small and efficient bedrooms. And 8.63 Acres ! Cute little kitchen. And 8.63 Acres Clean single bath. And 9+ acres! One car detached garage near the home. And 8.63 Acres ! 4 car workshop apx 56 x 20. And 8.63 Acres ! Owners are downsizing and offering the family plot to a new owner who appreciates it for what it is, and could be. And 8.63 Acres ! Tippy Valley schools, but close to work and shopping in Warsaw. Seller is adding additional acreage from adjacent property with new survey. Property is entitled to sell offs as well.

Last Agent to Sell the Property

Jeff Owens

Patton Hall Real Estate Listed on: 10/04/2018

Last Buyer's Agent

Carol Presley-Ousley

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1940

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 458'x800'x308'x178'x120'x60'x133'
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • 5 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Metal Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Block Basement Construction

Schools

  • Mentone Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 431033300373000034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 78
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: TBD. |
  • Parcel Number ID: 431033300373000034
  • Platted: Yes
  • Cross Street: 600W
  • Grid: 30 - S.W. Kosc.
  • Location: Rural
  • Parcel Id2: 431033300300000034
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 98
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1696
  • Total Finished Sq Ft: 848
  • Above Grade Finished Sq Ft: 848
  • Below Grade Sq Ft: 848
  • Price Per Sq Ft: 144.46
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 9x8, On Level: Main
  • Bedroom 3: Dimensions: 8x8, On Level: Main
  • Main Level Sq Ft: 848
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 848

Exterior Features

  • Exterior: Metal
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Outbuilding, Dimensions: 56x20, 1120

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 28x15
  • Garage Sq Ft: 420
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Cable Company: Comcast
  • Well Size: 2 Inches
  • Well Type: Private

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Mentone
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Mentone

Lot Info

  • Lot Description: Rolling, Slope
  • Lot Dimensions: 458'x800'x308'x178'x120'x60'x133'
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10
  • Lot Number: 53

Tax Info

  • Annual Taxes: 77
  • Total Assessed Value: 68300
  • Exemptions: Over 65, Homestead, Supplemental

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Foster Tracy N
Bought by
Spangenberg Colleen M
Current Estimated Value
$209,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Outstanding Balance
$144,411
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$60,384

Purchase Details

Listed on
Oct 4, 2018
Closed on
Nov 30, 2018
Sold by
Hatfield Robert Lee and Hatfield Robert
Bought by
Foster Tracy N
Seller's Agent
Jeff Owens
Patton Hall Real Estate
Buyer's Agent
Carol Presley-Ousley
RE/MAX Results- Warsaw
List Price
$125,000
Sold Price
$122,500
Premium/Discount to List
-$2,500
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$123,737
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Spangenberg Colleen M $159,900 Servicelink
Foster Tracy N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangenberg Colleen M $157,003
Previous Owner Foster Tracy N $123,737
Previous Owner Foster Tracy N $123,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $122,500 -2.0% $144 / Sq Ft
10/04/2018 10/04/18 For Sale $125,000 -- $147 / 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 $1,192 $161,500 $32,100 $129,400
2023 $1,147 $149,100 $30,700 $118,400
2022 $1,985 $137,200 $29,300 $107,900
2021 $867 $115,000 $28,500 $86,500
2020 $803 $108,600 $28,500 $80,100
2019 $743 $105,500 $29,500 $76,000
2018 $121 $69,700 $16,800 $52,900
2017 $77 $68,300 $16,800 $51,500
2016 $71 $66,900 $16,800 $50,100
2014 $61 $64,000 $16,800 $47,200
2013 $61 $64,000 $16,800 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201844827

Indiana Regional MLS

APN: 43-10-33-300-373.000-034