NOT LISTED FOR SALE

427 W Mechanic St Shelbyville, IN 46176

Estimated Value: $204,290 - $245,000

3 Beds
2 Baths
2,366 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $126,500 $53 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,314/month

7 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Garage
  • Bungalow

About This Home

As of December 2017

This tastefully updated 3 bed 2 bath home is move in ready! When you step into this gorgeous home you'll immediately fall in love with the oversized rooms, hardwood floors, and high ceilings. You'll feel right at home and have all the luxuries of modern living. Features new Roof, Appliances, Furnace, A/C unit, water heater, and more! This home also boasts an upstairs that has been completely renovated into one large master suite that you won't want to miss! Suite includes a walk in closet and easy access to attic space. Conveniently located near 74 for an easy commute and walking distance from the town center! Please excuse the hardwood and any other unfinished work in the pictures as the finishing touches are currently being wrapped up.

Last Agent to Sell the Property

Jason Alsup

eXp Realty, LLC License #RB14035549 Listed on: 10/23/2017

eXp Realty, LLC

Co-Listed By

Nicholas Butler

Last Buyer's Agent

Justin Polston

Mackenzie Allen, Polston & Ass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Mech Pt Spt Se Subdivision

Listing and Financial Details

  • Assessor Parcel Number 730731400248000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1913
  • Co List Office Phone: 317-272-5002
  • Garage Y N: Yes
  • Lot Size Acres: 0.11
  • Subdivision Name: MECH PT SPT SE
  • Inspection Warranties: Not Applicable
  • Property Description: This tastefully updated 3 bed 2 bath home is move in ready! When you step into this gorgeous home you'll immediately fall in love with the oversized rooms, hardwood floors, and high ceilings. You'll feel right at home and have all the luxuries of modern living. Features new Roof, Appliances, Furnace, A/C unit, water heater, and more! This home also boasts an upstairs that has been completely renovated into one large master suite that you won't want to miss! Suite includes a walk in closet and easy access to attic space. Conveniently located near 74 for an easy commute and walking distance from the town center! Please excuse the hardwood and any other unfinished work in the pictures as the finishing touches are currently being wrapped up.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2366
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1704
  • Main Level Sq Ft: 1324
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2366
  • Below Grade Sq Ft: 662
  • Upper Level Sq Ft: 380
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Shingle/Shake
  • Disclosures: Not Applicable
  • Foundation Details: Partial
  • List Price: 125000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 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: 730731400248000002
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 4,792

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 700
  • Semi Annual Property Tax Amt: 350
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Root Jessica L and Eads Ryan P
Bought by
Baker Charles Alexander
Current Estimated Value
$224,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,590
Outstanding Balance
$124,854
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$99,219

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 8, 2017
Sold by
Root Jessica L
Bought by
Root Jessica L and Eads Ryan P
Seller's Agent
Jason Alsup
eXp Realty, LLC
Buyer's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
List Price
$125,000
Sold Price
$126,500
Premium/Discount to List
$1,500
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$1,012,048
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 7, 2017
Sold by
Mynatt William L
Bought by
Root Jessica L
Seller's Agent
Jason Alsup
eXp Realty, LLC
Buyer's Agent
Justin Polston
Mackenzie Allen, Polston & Ass
List Price
$125,000
Sold Price
$126,500
Premium/Discount to List
$1,500
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,048
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Mar 23, 2017
Sold by
Heather Baxter
Bought by
Mynatt Jr William L
Seller's Agent
Jeanie Mohr
Premier Real Estate LLC
Buyer's Agent
Nicholas Butler
List Price
$54,900
Sold Price
$35,000
Premium/Discount to List
-$19,900
-36.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
510.87%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Fannie Mae
Bought by
Baxter Jason and Baxter Heather

Purchase Details

Closed on
Jul 28, 2008
Sold by
Mcclellan Daniel R and Personal Finance Co Llc
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baker Charles Alexander $147,000 Title Solutions Plus Corp
Root Jessica L -- Lenders Escrow & Title Servi
Root Jessica L -- Lenders Escrow & Title Servi
Mynatt Jr William L $45,000 --
Mynatt William L $45,000 Title Solutions Plus Corpora
Baxter Jason -- --
Federal National Mortgage Association $68,123 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Charles Alexander $142,590
Previous Owner Root Jessica L $1,012,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2017 12/07/17 Sold $126,500 +1.2% $53 / Sq Ft
10/23/2017 10/23/17 For Sale $125,000 +257.1% $53 / Sq Ft
03/23/2017 03/23/17 Sold $35,000 0.0% $18 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Off Market $35,000 -- --
02/21/2017 02/21/17 Pending -- -- --
10/25/2016 10/25/16 Price Changed $49,900 -9.1% $25 / Sq Ft
09/01/2016 09/01/16 For Sale $54,900 -- $28 / 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 $1,516 $151,600 $11,900 $139,700
2023 $1,462 $146,200 $11,900 $134,300
2022 $1,330 $133,000 $10,800 $122,200
2021 $1,231 $123,100 $10,800 $112,300
2020 $1,207 $120,700 $10,800 $109,900
2019 $1,202 $120,200 $10,300 $109,900
2018 $1,162 $116,200 $10,300 $105,900
2017 $419 $55,800 $10,300 $45,500
2016 $935 $82,400 $10,300 $72,100
2014 $646 $81,300 $10,300 $71,000
2013 $646 $81,300 $10,300 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Alsup

    Seller's Agent in 2017

    Jason Alsup

    eXp Realty, LLC

    (317) 272-5002

    230 Total Sales

    Jason Alsup
    Section Image
  • Jeanie Mohr

    Seller's Agent in 2017

    Jeanie Mohr

    Premier Real Estate LLC

    (317) 512-4404

    37 in this area

    58 Total Sales

    Jeanie Mohr
    Section Image

  • N

    Seller Co-Listing Agent in 2017

    Nicholas Butler

  • J

    Buyer's Agent in 2017

    Justin Polston

    Mackenzie Allen, Polston & Ass

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21520358

MIBOR Broker Listing Cooperative®

APN: 73-07-31-400-248.000-002

Indiana Shelby County Shelbyville 46176

427 W Mechanic St, Shelbyville, IN

This home is located at 427 W Mechanic St, Shelbyville, IN 46176 since 23 October 2017 and is currently estimated at $224,073, approximately $94 per square foot. This property was built in 1913. 427 W Mechanic St is a home located in Shelby County with nearby schools including Thomas A. Hendricks Elementary School, Shelbyville Middle School, and Shelbyville 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.

Nearby Homes