NOT LISTED FOR SALE

406 E 7th St Lapel, IN 46051

Estimated Value: $159,000 - $184,000

3 Beds
1 Bath
1,320 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $69,900 $53 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,026/month

9 Days on Market

Highlights

  • Formal Dining Room
  • 1-Story Property
  • Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of November 2014

Great older home filled with charm and so much potential. This property features 3 bedrooms, a formal dining room, new furnace, new central air, newer roof, covered porch, covered stoop, and good sized partially fenced yard.

Last Agent to Sell the Property

Tessa Denen

South Madison Realty Listed on: 09/03/2014

Last Buyer's Agent

Tessa Denen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Garage

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Attic Access Panel
  • Gas Oven
  • Dryer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Woodwards Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481027300048000032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1890
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: WOODWARDS
  • Inspection Warranties: Not Applicable
  • Property Description: Great older home filled with charm and so much potential. This property features 3 bedrooms, a formal dining room, new furnace, new central air, newer roof, covered porch, covered stoop, and good sized partially fenced yard.
  • Transaction Type: Sale
  • Website: www.SouthMadisonRealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dryer, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1320
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1320
  • Main Level Sq Ft: 1320
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1320
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481027300048000032
  • Acres: <1/4 Acre
  • Lot Number: 510
  • Lot Size: 66x132

Tax Info

  • Tax Annual Amount: 2
  • Semi Annual Property Tax Amt: 1
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Lapel High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Nov 7, 2014
Sold by
Scherer Marsha G
Bought by
Ake Jerimiah W
Seller's Agent
Tessa Denen
South Madison Realty
Buyer's Agent
Tessa Denen
List Price
$69,900
Sold Price
$69,900
Current Estimated Value
$166,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,626
Avg. Annual Appreciation
8.27%
Original Mortgage
$71,326
Outstanding Balance
$54,839
Interest Rate
4.1%
Mortgage Type
Stand Alone First
Estimated Equity
$111,687
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
Ake Jerimiah W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ake Jerimiah W $71,326
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2014 11/07/14 Sold $69,900 0.0% $53 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $69,900 0.0% $53 / Sq Ft
09/04/2014 09/04/14 Off Market $69,900 -- --
09/03/2014 09/03/14 Price Changed $69,900 -90.0% $53 / Sq Ft
09/03/2014 09/03/14 For Sale $699,000 -- $530 / Sq Ft
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 $1,716 $85,800 $11,800 $74,000
2023 $1,566 $78,300 $11,200 $67,100
2022 $1,550 $77,500 $10,400 $67,100
2021 $1,432 $71,600 $10,400 $61,200
2020 $1,362 $68,100 $9,900 $58,200
2019 $1,328 $66,400 $9,900 $56,500
2018 $532 $61,100 $9,900 $51,200
2017 $492 $60,400 $9,900 $50,500
2016 $484 $60,400 $9,900 $50,500
2014 $473 $55,100 $9,900 $45,200
2013 $473 $55,100 $9,900 $45,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tessa Denen

    South Madison Realty

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21313161

MIBOR Broker Listing Cooperative®

APN: 48-10-27-300-048.000-032

Indiana Madison County Lapel 46051

406 E 7th St, Lapel, IN

This home is located at 406 E 7th St, Lapel, IN 46051 since 03 September 2014 and is currently estimated at $166,526, approximately $126 per square foot. This property was built in 1890. 406 E 7th St is a home located in Madison County with nearby schools including Lapel Elementary School, Lapel Middle School, and Lapel Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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