NOT LISTED FOR SALE

407 S Main St Summitville, IN 46070

Estimated Value: $45,000 - $110,825

1 Bed
1 Bath
1,250 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $27,500 $22 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $496/month

100 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Wood Siding
  • Tile Flooring

About This Home

As of January 2024

Investor's Special. Fixer-upper. Welcome to Summitville's potential income property! This 1BR home offers room to expand with an upstairs finishing touches. Located near shops and gas stations, this property sits on a spacious lot, perfect for future development. Enjoy the charm of Summitville while tapping into its rental market. Act now and explore this exciting investment!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Summitville Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Fair View / Fairview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 48-01-29-200-178.000-037

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Fairview 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
  • Parcel Number ID: 48-01-29-200-178.000-037
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1250
  • Total Finished Sq Ft: 1250
  • Above Grade Finished Sq Ft: 1250
  • Basement Foundation: Slab
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 12x13, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Main Level Sq Ft: 1250
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Summitville

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x132
  • Estimated Lot Sq Ft: 6621
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 938

MLS Schools

  • High School: Madison Grant
  • Middle School: Madison Grant
  • School District: Madison-Grant United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 30, 2024
Sold by
Watson John
Bought by
Kds 10 Llc
List Price
$39,900
Sold Price
$27,500
Premium/Discount to List
-$12,400
-31.08%
Views
137
Current Estimated Value
$77,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,456
Avg. Annual Appreciation
68.81%
Original Mortgage
$30,000
Outstanding Balance
$20,129
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$57,827

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 18, 2023
Sold by
Stanley Kristina Renee
Bought by
Watson John
Seller's Agent
Kayla Poling
F.C. Tucker Realty Center
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$20,000
Sold Price
$8,000
Premium/Discount to List
-$12,000
-60%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
483.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kds 10 Llc $27,500 None Listed On Document
Watson John $8,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kds 10 Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $27,500 -16.4% $22 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $32,900 -6.0% $26 / Sq Ft
11/29/2023 11/29/23 Price Changed $34,999 -12.3% $28 / Sq Ft
10/05/2023 10/05/23 For Sale $39,900 +398.8% $32 / Sq Ft
05/19/2023 05/19/23 Sold $8,000 -60.0% $6 / Sq Ft View Prior Sale
03/15/2023 03/15/23 For Sale $20,000 -- $16 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,090 $54,500 $10,500 $44,000
2024 $1,090 $54,500 $10,500 $44,000
2023 $1,001 $49,900 $10,000 $39,900
2022 $1,003 $49,400 $9,500 $39,900
2021 $925 $46,100 $9,500 $36,600
2020 $895 $44,000 $9,000 $35,000
2019 $3,712 $44,900 $9,000 $35,900
2018 $2,052 $44,900 $9,000 $35,900
2017 $0 $44,600 $9,000 $35,600
2016 $10 $44,600 $9,000 $35,600
2014 -- $44,100 $9,000 $35,100
2013 -- $44,100 $9,000 $35,100
Source: Public Records

Agents Affiliated with this Home

  • Kayla Poling

    Seller's Agent in 2023

    Kayla Poling

    F.C. Tucker Realty Center

    (765) 667-0632

    3 in this area

    247 Total Sales

    Kayla Poling
    Section Image

  • R

    Buyer's Agent in 2023

    RACI NonMember

    NonMember RACI

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202336494

Indiana Regional MLS

APN: 48-01-29-200-178.000-037

Indiana Madison County Summitville 46070

407 S Main St, Summitville, IN

Not Listed for Sale

Detached

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