NOT LISTED FOR SALE

407 N Michigan St Oxford, IN 47971

Estimated Value: $131,000 - $176,000

2 Beds
1 Bath
1,300 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $120,000 $92 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $923/month

173 Days on Market

Highlights

  • Mature Trees
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of February 2024

This would be a great starter home for anyone. There could be up to 4 bedrooms. The built-in's add so much character to this awesome home and bring out the fireplace. Outside feature bonuses....Black Top Drive thru that also leads up to the attached garage, a massive yard w/some landscaping. The riding lawn mower is included in sale. This home is 20 minutes from Purdue University!

Last Agent to Sell the Property

Janet Zachary

Carpenter, REALTORS® Brokerage Email: szachary@callcarpenter.com License #RB14039316 Listed on: 07/12/2023

Carpenter, REALTORS®

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Family or Dining Combination
  • Wood Flooring
  • Attic Access Panel
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Patio

Schools

  • Benton Central Jr-Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 041217332014000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1935
  • Building Area Total: 2600
  • Garage Y N: Yes
  • Lot Size Acres: 0.3
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: szachary@callcarpenter.com
  • Attribution Contact: szachary@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Built In Book Shelves, Hardwood Floors
  • Living Area: 1300
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1300
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 130000
  • Patio And Porch Features: Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Fuel: Propane Owned
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 240

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Corner Lot, Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Lot Size Sq Ft: 13024
  • Parcel Number: 041217332014000011
  • Acres: 1/4-1/2 Acre
  • Price Acre: 400000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 692
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 346
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Benton Central Jr-Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Feb 12, 2024
Sold by
Joan Lesch Revocable Living Trust
Bought by
Duncan Joshua and Marsh Mariah
Seller's Agent
Janet Zachary
Carpenter, REALTORS®
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%
Views
223
Current Estimated Value
$151,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,264
Avg. Annual Appreciation
18.46%
Original Mortgage
$117,826
Outstanding Balance
$114,582
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$39,874
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
Duncan Joshua $120,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Joshua $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $120,000 -7.7% $92 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
10/27/2023 10/27/23 Price Changed $130,000 -13.3% $100 / Sq Ft
09/22/2023 09/22/23 Price Changed $150,000 -6.3% $115 / Sq Ft
08/30/2023 08/30/23 Price Changed $160,000 -3.0% $123 / Sq Ft
07/12/2023 07/12/23 For Sale $165,000 -- $127 / 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 $1,138 $124,200 $11,000 $113,200
2023 $598 $111,300 $11,000 $100,300
2022 $675 $109,300 $11,000 $98,300
2021 $370 $89,000 $11,000 $78,000
2020 $259 $82,100 $11,000 $71,100
2019 $206 $77,400 $9,300 $68,100
2018 $95 $68,400 $9,300 $59,100
2017 $105 $64,200 $9,300 $54,900
2016 $91 $62,000 $9,300 $52,700
2014 $73 $59,200 $9,700 $49,500
2013 $73 $56,700 $9,400 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21931735

MIBOR Broker Listing Cooperative®

APN: 04-12-17-332-014.000-011