NOT LISTED FOR SALE

408 S Main St Lynn, IN 47355

Estimated Value: $170,000 - $181,751

3 Beds
1 Bath
1,910 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $122,500 $64 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,040/month

Highlights

  • Ranch Style House
  • Patio
  • Water Softener is Owned
  • 2 Car Attached Garage
  • Central Air
  • Washer and Dryer

About This Home

As of June 2013

This has to be one of the nicest homes in the Lynn area! The home features two or three bedrooms and one bathroom on almost an acre. It has wonderful hardwood flooring, cathedral ceilings in bedroom/office, custom trim throughout, beautiful built-ins, two fireplaces, large tile kitchen with built-in appliances and electric cooktop stove. Updates include a newer roof, newer hardwood and ceramic tile, some new drywall, and rear concrete patio and chain link fence. The home is total electric and has a heat pump. There is a lot of home available for the price. $139,000

Last Agent to Sell the Property

DAVE TARTER

Tarter Realty, Auction & Appraisals Co Listed on: 10/15/2012

Last Buyer's Agent

Debbie Busby

Better Homes and Gardens First Realty Group License #RB14024846

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1952

Lot Details

  • 0.85 Acre Lot
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Randolph South Elementary And Middle School
  • Randolph South High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,183

Year Built

Built in 1952

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 408 S Main
  • Second Address Number: 408
  • Estimated Year Built: 1952
  • Estimated Size Bathroom 1: 8x10
  • Estimated Size Bedroom 1: 10x12
  • Estimated Dining Room Size: 12x20
  • Directions: US 27 throught Lynn to home on west side. US 27 is Main St through Lynn.
  • Geo Address Line: 408 S Main St
  • Geo Longitude: -84.9399288743734
  • Geo Primary City: Lynn
  • Geo Quality: 0.95
  • Geo Secondary City: Randolph Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 80900
  • Land Valuation: 11480
  • Estimated Living Room Size: 15x20
  • Other Rm1 Approx Size: 8x15
  • Other Rm1 Comments: Sunroom
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Ranch
  • Taxes Half: 409.61
  • Total Assessed Value: 92400
  • Estimated Utility Room Size: 8x8
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1952

Interior Features

  • Appliances Included: Dishwasher, Disposal, Range-Electric, Washer/Dryer
  • Total Number Rooms: 7
  • Bedroom 3 Comments: Master Bedroom
  • Primary Bathroom: No
  • Has Basement: No
  • Estimated Size Bedroom 2: 10x12
  • Estimated Size Bedroom 3: 12x15
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 12x12
  • Price Per S Q F T: 64.14
  • Basement Type: Single Family

Exterior Features

  • Exterior: Brick, Wood
  • Fencing: Chain
  • Foundation: Crawl
  • Porch/Deck Type: Patio
  • Roof Type: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: American Electric Power
  • Heat Type: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Randolph South
  • Middle School: Randolph South
  • High School: Randolph South
  • Elementary School: Randolph South
  • High School: Randolph South
  • Middle School: Randolph South

Lot Info

  • Geo Update Timestamp: 2013-06-10
  • Estimated Number Acres: 0.85
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jun 7, 2013
Sold by
Rector Chris and Rector Angela
Bought by
Mcelhany Jeff S and Mcelhany Angie M
Seller's Agent
DAVE TARTER
Tarter Realty, Auction & Appraisals Co
Buyer's Agent
Debbie Busby
Better Homes and Gardens First Realty Group
List Price
$139,000
Sold Price
$122,500
Premium/Discount to List
-$16,500
-11.87%
Current Estimated Value
$176,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,188
Avg. Annual Appreciation
3.02%
Original Mortgage
$125,051
Outstanding Balance
$88,716
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$87,972

Purchase Details

Closed on
Aug 5, 2005
Sold by
Girton Charles Brent and Thrasher Renee Lynn
Bought by
Rector Chris and Rector Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2005
Sold by
Girton Laramie L
Bought by
Girton Laramie L and Girton Revocable Liv Laramie L
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
Mcelhany Jeff S -- None Available
Rector Chris -- None Available
Girton Laramie L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelhany Jeff S $125,051
Previous Owner Rector Chris $108,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $122,500 -11.9% $64 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $139,000 -- $73 / 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 $1,183 $118,300 $11,600 $106,700
2023 $1,183 $118,300 $11,600 $106,700
2022 $1,208 $117,400 $11,600 $105,800
2021 $1,365 $133,100 $15,300 $117,800
2020 $1,244 $121,000 $13,300 $107,700
2019 $1,211 $117,700 $13,300 $104,400
2018 $1,211 $117,700 $13,300 $104,400
2017 $1,195 $116,700 $13,300 $103,400
2016 $1,205 $117,700 $12,100 $105,600
2014 $1,113 $111,300 $11,500 $99,800
2013 $1,113 $89,400 $11,500 $77,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10018353

APN: 68-18-03-175-006.000-017