NOT LISTED FOR SALE

403 N Main St Farmland, IN 47340

Estimated Value: $176,000 - $201,265

4 Beds
2 Baths
1,990 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $179,000 $90 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,071/month

39 Days on Market

Highlights

  • Main Floor Bedroom
  • 2.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • First Floor Utility Room
  • Living Room
  • Dining Room

About This Home

As of February 2025

Nicely updated home with plenty of space located in the quiet town of Farmland. Original 3/4" hardwood floors and new carpet in the bedrooms. Kitchen is spacious with plenty of cabinetry, appliances and quartz countertops with a marble backsplash. Beautiful bathroom on the main floor with soaker tub and separate standup shower with glass slider and full-bodied tile. Upstairs, you will find 3 large bedrooms and another full bathroom.

Last Agent to Sell the Property

Brody Tarter

Re/Max Evolve Listed on: 12/16/2024

Re/Max Evolve

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1875

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 110x210

Parking

  • 2.5 Car Detached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,990 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Monroe Central Schools Elementary And Middle School
  • Monroe Central Schools High School

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 1875

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 403 N Main Street
  • Second Address Number: 403
  • Estimated Year Built: 1875
  • Bathroom 1 Comments: M
  • Estimated Size Bedroom 1: 15x12
  • Estimated Dining Room Size: 15x12
  • Dining Rm Level: M
  • Directions: SR 1/32 to Farmland - Property will be on the West side of the Road.
  • Family Room Estimated Size: 20x25
  • Family Room Level: M
  • Geo Address Line: 403 N Main St
  • Geo Longitude: -85.128076
  • Geo Primary City: Farmland
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 20x25
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • FILLSUBDIVISION: No Subdivision
  • Taxes Half: $355.29
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Total Number Rooms: 9
  • Bedroom 1 Level: M
  • Bathroom 2 Level: U
  • Primary Bathroom: Yes
  • Has Basement: No
  • Estimated Size Bedroom 2: 15x12
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 15x15
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 15x13
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 20x18
  • Price Per S Q F T: 89.95
  • Basement Type: Single Family

Exterior Features

  • Exterior: Vinyl
  • Foundation: Slab, Crawl

Garage/Parking

  • Garage Capacity: 2.5
  • Garage Type: Garage-Detached

Utilities

  • Air Conditioner: Central Air
  • Heat Type: Forced Air
  • Sewer: City
  • Hot Water: City

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Monroe Central Schools
  • Middle School: Monroe Central Schools
  • High School: Monroe Central Schools
  • Elementary School: Monroe Central Schools
  • High School: Monroe Central Schools
  • Middle School: Monroe Central Schools

Lot Info

  • Geo Update Timestamp: 2024-12-17
  • Estimated Number Acres: 0.52
  • Land Contract: No
  • Lot Size: 110x210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 26, 2025
Sold by
Gunckel Scottie M and Gunckel Paula
Bought by
Schroeder Mason
Seller's Agent
Brody Tarter
Re/Max Evolve
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$210,000
Sold Price
$179,000
Premium/Discount to List
-$31,000
-14.76%
Views
44
Current Estimated Value
$183,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,066
Avg. Annual Appreciation
7.04%
Original Mortgage
$171,957
Outstanding Balance
$171,676
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$11,390

Purchase Details

Closed on
Sep 29, 2017
Sold by
Day Timothy L and Day Gina M
Bought by
Gunckel Scottie M

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 6, 2015
Sold by
Duncan Audrey and Necessary Amanda
Bought by
Gunckel Scottie M and Gunckel Paula
Seller's Agent
Andrew Wagner
Wagner Auctioneering & Real Estate
Buyer's Agent
Ruth Johnson
Wagner Auctioneering & Real Estate
List Price
$37,500
Sold Price
$27,500
Premium/Discount to List
-$10,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%
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
Schroeder Mason $179,000 None Listed On Document
Gunckel Scottie M -- None Available
Gunckel Scottie M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Mason $171,957
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $179,000 -14.8% $90 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $210,000 0.0% $106 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/30/2024 12/30/24 For Sale $210,000 0.0% $106 / Sq Ft
12/16/2024 12/16/24 For Sale $210,000 +663.6% $106 / Sq Ft
11/06/2015 11/06/15 Sold $27,500 -26.7% $14 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $37,500 -- $19 / Sq Ft
Source: Richmond Association of REALTORS®

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 $784 $81,700 $7,300 $74,400
2023 $683 $74,800 $7,300 $67,500
2022 $752 $71,200 $7,300 $63,900
2021 $858 $80,400 $11,700 $68,700
2020 $842 $78,600 $11,100 $67,500
2019 $837 $78,900 $11,100 $67,800
2018 $825 $78,900 $11,100 $67,800
2017 $712 $74,500 $9,700 $64,800
2016 $674 $71,400 $8,800 $62,600
2014 $248 $75,500 $8,400 $67,100
2013 $248 $73,200 $8,400 $64,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10050081

APN: 68-07-13-101-140.000-008