NOT LISTED FOR SALE

428 E Farlow Rd Richmond, IN 47374

Estimated Value: $619,000 - $653,000

3 Beds
2 Baths
2,969 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2024

Last sale price $595,000 $200 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,617 / mo

9 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Farmhouse Style Home
  • 26.14 Acre Lot
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of May 2024

This beautifully crafted 200-year-old farmhouse provides total privacy, tucked out of sight from the road, down a tree-lined lane, set on 26 acres of pristine rolling hills and fertile farmland. Greet each day with a morning coffee on your screened-in porch and take in the peace and quiet provided by the outdoor nature preserve that abuts the property. You'll enjoy access to the Preserve's hiking trails, streams, and historic mill site. The farmhouse includes exquisite historic details in a well-functioning nearly 3,500 sq.ft. home that has an impressive amount of storage and closet space for its age. The large eat-in kitchen has the original rustic wide plank wood floor, a multitude of shaker cabinetry, custom center island, dual ovens, large field stone fireplace with wood burner insert, a farm sink and views overlooking the beautiful landscape. A Dutch door off the kitchen leads to the large screened porch perfect for entertaining and enjoying the warmer seasons. The living room features 6-inch floor molding, 6-foot windows, and 10-foot ceilings. The spacious entryway has been used as a formal dining space for many years. The cozy den has a half bath and two large closets. There is a comfortable family room with laundry, and a light, bright bonus room that has many possibilities with a sink, a wall of built-in storage, and surfaces to create, paint, work, or simply take in the idyllic views of the property. The farmhouse has been lovingly maintained and has amenities found in more modern homes including geothermal heating and cooling (2015), a two-car attached garage, and three bedrooms upstairs, two of which are generously sized. Other structures include a springhouse, storage shed (24' x 28') and a spectacular barn (43' x 75') with five box horse stalls (6' x 12'), loft and tack room. Twenty-one acres of farmland is leased until this fall.

Last Agent to Sell the Property

James Henley

Coldwell Banker Lingle Brokerage Email: JAMES.HENLEY@COLDWELLBANKER.COM License #RB14040875 Listed on: 04/15/2024

Coldwell Banker Lingle

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1900

Lot Details

  • 26.14 Acre Lot
  • Rural Setting
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Aggregate Flooring

Property Views

  • Woods
  • Pasture
  • Forest
  • Rural

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Stone Foundation
  • Cedar

Interior Spaces

  • 2.5-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Attic Access Panel
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Geothermal Heating and Cooling
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot .27
  • Assessor Parcel Number 891820000210001002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,218

Year Built

Built in 1900

Lot Details

26.14 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1900
  • Building Area Total: 4429
  • Garage Y N: Yes
  • Lot Size Acres: 26.14
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: JAMES.HENLEY@COLDWELLBANKER.COM
  • Attribution Contact: JAMES.HENLEY@COLDWELLBANKER.COM
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: None
  • Levels: Two and a Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Pantry, Walk-in Closet(s)
  • Living Area: 2969
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 2357
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 612
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick, Cedar, Wood
  • Foundation Details: Rock
  • Patio And Porch Features: Covered Porch
  • View: Forest, Pasture, Rural, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Aggregate
  • Fuel: No Fuel Source

Utilities

  • Cooling: Geothermal
  • Heating: Geothermal
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision
  • Property Attached Yn: No
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 1138484
  • Parcel Number: 891820000210001002
  • Acres: >20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2218
  • Tax Lot: .27
  • Semi Annual Property Tax Amt: 1109
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2026
Sold by
Decker Caleb
Bought by
Decker Caleb and Decker Taryn
Current Estimated Value
$638,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,810
Outstanding Balance
$500,327
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$137,914

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 22, 2024
Sold by
Smith Margaret E
Bought by
Decker Caleb N
Seller's Agent
James Henley
Coldwell Banker Lingle
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$595,000
Sold Price
$595,000
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$505,750
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2021
Sold by
Smith Margaret E
Bought by
The Nature Conservancy
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Decker Caleb -- None Listed On Document
Decker Caleb N -- None Listed On Document
The Nature Conservancy -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decker Caleb $500,810
Previous Owner Decker Caleb N $505,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $595,000 0.0% $200 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $595,000 -- $200 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,808 $284,200 $56,700 $227,500
2024 $2,808 $260,100 $56,900 $203,200
2023 $23 $227,900 $48,200 $179,700
2022 $2,219 $222,900 $41,200 $181,700
2021 $2,102 $204,700 $38,000 $166,700
2020 $1,989 $206,500 $37,800 $168,700
2019 $1,924 $210,000 $42,700 $167,300
2018 $1,856 $205,400 $43,600 $161,800
2017 $1,867 $209,900 $47,700 $162,200
2016 $1,990 $209,600 $49,200 $160,400
2014 $2,003 $216,300 $50,800 $165,500
2013 $2,003 $205,500 $45,800 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21973787

MIBOR Broker Listing Cooperative®

APN: 89-18-20-000-210.001-002

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