NOT LISTED FOR SALE

408 S Clay St Morocco, IN 47963

Estimated Value: $150,000 - $205,000

3 Beds
1.5 Baths
2,089 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $22,500 $11 Per Sq Ft

Est. 716% increase in value since last sale

Current estimated payment $1,054/month

92 Days on Market

Highlights

  • Covered Patio or Porch
  • Dining Room
  • 2-minute walk to Morocco Park
  • Forced Air Heating System

About This Home

As of October 2018

Charming, turn of the century home ready to be brought back to it's glory days. 3 bedroom, 1.5 bath, 2 story home with many original features. House is in poor condition and needs many repairs and updates. This is a great opportunity with amazing potential. REO Property sold as-is. Seller will not complete any repairs to the subject property either lender or buyer requested. This property is eligible for the Freddie Mac First Look Initiative through 7/30/18. Only owner occupant offers will be negotiated during the First Look period. Electric is on, gas and water are turned off. Plumbing system did not hold pressure during pressure test and water will not be turned on.

Last Agent to Sell the Property

Steve Jamrok

Realty Executives Premier License #RB14028133 Listed on: 07/09/2018

Realty Executives Premier

Last Buyer's Agent

Judy Wirtz

Novotny, Inc. License #RB14017834

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 50x147

Parking

  • Off-Street Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,089 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Fairground Add Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 561021444020000002

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1890
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: None
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR769
  • Subdivision Name: Fairground Add
  • Architectural Style: Two Story
  • GNR_Exterior: Aluminum Siding
  • GNR_UnfinishedSquareFootage: 1225
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: FP Living/Great Room
  • Basement: Cellar
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Porch-Covered
  • Acres: 0.326

Garage/Parking

  • Parking Features: Off Street, None

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 50x147
  • Lot Size Sq Ft: 14201
  • Parcel #: 561021444020000002

Tax Info

  • Year: 2017
  • Tax Annual Amount: 652

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Nov 2, 2018
Sold by
Fhlm
Bought by
Dick Richard F and Dick Amelia C
Seller's Agent
Steve Jamrok
Realty Executives Premier
Buyer's Agent
Judy Wirtz
Novotny, Inc.
List Price
$22,500
Sold Price
$22,500
Current Estimated Value
$183,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,995
Avg. Annual Appreciation
33.73%

Purchase Details

Closed on
May 3, 2018
Sold by
Thomas Indiana
Bought by
Federal
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
Dick Richard F -- --
Federal $70,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $22,500 0.0% $11 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $22,500 -- $11 / Sq Ft
Source: Northwest Indiana 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 $1,252 $128,000 $16,700 $111,300
2023 $971 $106,100 $16,700 $89,400
2022 $1,110 $97,400 $16,700 $80,700
2021 $897 $89,700 $15,700 $74,000
2020 $893 $80,000 $15,700 $64,300
2019 $1,143 $71,800 $15,700 $56,100
2018 $650 $71,800 $15,700 $56,100
2017 $652 $74,500 $14,000 $60,500
2016 $646 $75,300 $14,000 $61,300
2014 $444 $71,900 $14,000 $57,900
2013 $444 $70,700 $14,000 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR438619

Northwest Indiana Association of REALTORS®

APN: 56-10-21-444-020.000-002