NOT LISTED FOR SALE

3980 E Olean Rd Versailles, IN 47042

Estimated Value: $337,585 - $398,000

3 Beds
3 Baths
3,524 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $175,000 $50 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,052/month

55 Days on Market

Highlights

  • 11.97 Acre Lot
  • Wood Flooring
  • Woodwork
  • Cape Cod Architecture
  • Pole Barn
  • Walk-In Closet

About This Home

As of October 2019

GREAT FIND IN THE COUNTRY! Charming 3 BEDROOM 3 BATHROOM 2,484sf home with walkout basement, very nice 40x40 open ceiling pole barn, additional animal / storage barn, separate 576sf 1 BEDROOM 1 BATH cabin with kitchen + laundry, woods, and a stocked pond all on 11.97 +/- ACRES of LAND! Home offers a main floor master bedroom, nice newer stainless steel appliances, open floor plan, great covered front porch, deck overlooking stocked fishing pond. Fantastic insulated pole barn with central pivoting hoist, concrete floor, 10x10 overhead doors, lean-to's, 220 electric, quality lighting, lots of storage shelving. Great cabin for additional living space, or an income producing rental property! NOTE: No Friday evening or Saturday showings please.

Last Agent to Sell the Property

Michael Knollman

Tudor Square Realty, Inc. License #RB14043197 Listed on: 07/05/2019

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1998

Lot Details

  • 11.97 Acre Lot

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Partial Basement
  • Basement Lookout

Outdoor Features

  • Pole Barn
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Heating System Powered By Leased Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 691704400007005005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1998
  • Garage Y N: Yes
  • Lot Size Acres: 11.97
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: GREAT FIND IN THE COUNTRY! Charming 3 BEDROOM 3 BATHROOM 2,484sf home with walkout basement, very nice 40x40 open ceiling pole barn, additional animal / storage barn, separate 576sf 1 BEDROOM 1 BATH cabin with kitchen + laundry, woods, and a stocked pond all on 11.97 +/- ACRES of LAND! Home offers a main floor master bedroom, nice newer stainless steel appliances, open floor plan, great covered front porch, deck overlooking stocked fishing pond. Fantastic insulated pole barn with central pivoting hoist, concrete floor, 10x10 overhead doors, lean-to's, 220 electric, quality lighting, lots of storage shelving. Great cabin for additional living space, or an income producing rental property! NOTE: No Friday evening or Saturday showings please.
  • Transaction Type: Sale
  • Website: http://bit.ly/3980-EOlean-3DTour
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished, Walk-Out Access, Daylight/Lookout Windows
  • Appliances: MicroHood, Gas Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Wood Work Stained
  • Living Area: 3524
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2484
  • Main Level Sq Ft: 1444
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in
  • Total Sq Ft: 3524
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 1040
  • Upper Level Sq Ft: 1040
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Barn Storage, Driveway Gravel, Out Building With Utilities
  • Foundation Details: Concrete Perimeter, Concrete Perimeter
  • List Price: 299900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Propane Leased
  • Garage Parking Description: Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Baseboard, Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 691704400007005005
  • Acres: 10-20 Acres
  • Lot Information: Pond,Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 521,414

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2214
  • Semi Annual Property Tax Amt: 1107
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: South Ripley
  • Schools: South Ripley Elementary,South Ripley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Oct 30, 2019
Sold by
Ronnie Lewis
Bought by
Beckley Benjamin D
Seller's Agent
Michael Knollman
Tudor Square Realty, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$299,900
Sold Price
$175,000
Premium/Discount to List
-$124,900
-41.65%
Total Days on Market
55
Current Estimated Value
$367,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,396
Avg. Annual Appreciation
14.19%
Source: Public Records

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Range of Values:

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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
Beckley Benjamin D $175,000 Corelogic
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $175,000 -41.6% $50 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $299,900 -- $85 / Sq Ft
03/27/2019 03/27/19 Sold -- -- --
02/25/2019 02/25/19 Pending -- -- --
10/14/2014 10/14/14 For Sale -- -- --
Source: MIBOR Broker Listing Cooperative®

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 $1,226 $176,000 $36,000 $140,000
2023 $1,226 $179,700 $36,000 $143,700
2022 $1,321 $182,900 $36,000 $146,900
2021 $1,231 $171,900 $36,000 $135,900
2020 $1,211 $172,100 $36,000 $136,100
2019 $1,091 $164,000 $36,000 $128,000
2018 $1,039 $165,600 $36,000 $129,600
2017 $954 $164,000 $36,000 $128,000
2016 $926 $165,600 $36,000 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21652521

MIBOR Broker Listing Cooperative®

APN: 69-17-04-400-007.005-005