NOT LISTED FOR SALE

40 Elm St Somerset, IN 46984

Estimated Value: $105,000 - $217,000

3 Beds
2 Baths
2,056 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $102,900 $50 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $987/month

211 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • 1-Story Property
  • Covered Patio or Porch
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Great new listing in Somerset, convenient to Wabash, Marion and Peru. Home features 3 bedrooms & two full baths including large master bath. Living room with dining room to the kitchen with family room to the back of the home. Beautiful 4 season room on the back of house, lots of insulated windows for tons of natural light. Step down into an extra room that could be a mud room, kids play room, hobby room anything you want. 2 car attached garage and shed for storage. This home is priced to sell and in great shape. All appliances including Stainless steel refrigerator, electric range, dishwasher, built in microwave and a good basic set washer and dryer. All this on a large double lot totaling .47 acre. Average gas $100 and average electric is $85

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 1920

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 146 x 140
  • Level Lot

Parking

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

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Powered By Leased Propane
  • Propane
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-18-27-404-024.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$126

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 97
  • Style: One Story
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SOMERSET ADDN LOT 40 & 41
  • Parcel Number ID: 85-18-27-404-024.000-013
  • Platted: Yes
  • Amenities: Cable Ready, Disposal, Dryer Hook Up Electric, Garage Door Opener, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 2484
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 2056
  • Below Grade Sq Ft: 428
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 14x24, On Level: Main
  • Extra Room: 4 Seasons Rm, Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 10x15, On Level: Main
  • Bedroom 3: Dimensions: 15x11, On Level: Main
  • Other Room1: 4 seasons/mud room, Dimensions: 13x17, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 428

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 12x8

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane, Forced Air, Propane Tank Rented
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Laundry: Dimensions: 12xMain, On Level: 7

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 146 x 140
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47

Tax Info

  • Annual Taxes: 125.98
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Thomas Bryan L and Thomas Brynley A
Bought by
Thomas Bryan L and Thomas Brynley A
Current Estimated Value
$176,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomas Bryan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Bryan L $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $102,900 -5.5% $50 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $108,900 -- $53 / 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 $656 $135,800 $19,900 $115,900
2023 $590 $133,200 $19,900 $113,300
2022 $426 $120,700 $16,900 $103,800
2021 $374 $105,600 $16,900 $88,700
2020 $305 $97,700 $16,900 $80,800
2019 $303 $100,000 $16,900 $83,100
2018 $277 $96,300 $16,900 $79,400
2017 $197 $81,200 $16,900 $64,300
2016 $150 $83,600 $16,900 $66,700
2014 $130 $86,000 $16,900 $69,100
2013 $103 $84,800 $16,900 $67,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201651467

Indiana Regional MLS

APN: 85-18-27-404-024.000-013