NOT LISTED FOR SALE

4524 N 550 W Pennville, IN 47369

Estimated Value: $181,000 - $214,000

3 Beds
2 Baths
1,876 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $180,000 $96 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,134/month

178 Days on Market

Highlights

  • 3 Car Detached Garage
  • Baseboard Heating
  • Geothermal Heating and Cooling

About This Home

As of February 2024

Welcome to your very own hobby farm in North Western Jay County! This home sits on 4 acres and contains many outdoor buildings. A large 3 car detached garage with cement floors can be used for storage and a workshop. The other buildings are good for storage and animals. The home is heated and cooled by geothermal with a wood burning stove for back up heat. This home has been updated by the current owner. The kitchen and bathroom have received a complete remodel. This 3 bed, 2 bath is waiting for new owners to experience all it has to offer.

Last Agent to Sell the Property

Matt Glentzer

RE/MAX Evolve Brokerage Phone: 765-215-1685 Listed on: 07/18/2023

RE/MAX Evolve

Last Buyer's Agent

Mark Leavell

Leavell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1925

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 650x260
  • Rural Setting

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • West Jay Elementary School
  • Jay County Middle School
  • Jay County High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Geothermal Heating and Cooling
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 38-02-30-100-003.000-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 99
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E 1/2 NE 1/4; S30 T24 R13; 4A
  • Parcel Number ID: 38-02-30-100-003.000-023
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 90.05
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2772
  • Total Finished Sq Ft: 1876
  • Above Grade Finished Sq Ft: 1876
  • Below Grade Sq Ft: 896
  • Price Per Sq Ft: 95.95
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Living Great Room: Dimensions: 31x16, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Extra Room: Utility Room, Dimensions: 10x6, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Main Level Sq Ft: 980
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 896

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 18x28, 504
  • Outbuilding2: Shed, Dimensions: 12x14, 168

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 27x40
  • Garage Sq Ft: 1080
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Window, Geothermal
  • Heating Fuel: Electric, Wood, Baseboard, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Jay Schools
  • Elementary School: West Jay
  • Middle School: Jay County
  • High School: Jay County
  • Elementary School: West Jay

Lot Info

  • Lot Description: 3-5.9999
  • Lot Dimensions: 650x260
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 588.66

MLS Schools

  • High School: Jay County
  • Middle School: Jay County
  • School District: Jay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Feb 9, 2024
Sold by
Keihn Elbert L
Bought by
White Jeffery L
Seller's Agent
Matt Glentzer
RE/MAX Evolve
Buyer's Agent
Mark Leavell
Leavell Real Estate
List Price
$209,900
Sold Price
$180,000
Premium/Discount to List
-$29,900
-14.24%
Views
226
Current Estimated Value
$199,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,993
Avg. Annual Appreciation
14.24%

Purchase Details

Listed on
Apr 26, 2018
Closed on
Feb 19, 2019
Sold by
Lingo Jeni J
Bought by
Keihn Elbert L
Seller's Agent
Matt Glentzer
RE/MAX Evolve
Buyer's Agent
Matt Glentzer
RE/MAX Evolve
List Price
$145,000
Sold Price
$132,500
Premium/Discount to List
-$12,500
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
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
White Jeffery L $180,000 Empire Title Services Inc
Keihn Elbert L $131,399 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $180,000 -10.0% $96 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $199,900 -4.8% $107 / Sq Ft
12/26/2023 12/26/23 For Sale $209,900 0.0% $112 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $209,900 -6.7% $112 / Sq Ft
09/25/2023 09/25/23 Price Changed $225,000 -4.3% $120 / Sq Ft
08/28/2023 08/28/23 Price Changed $235,000 -4.1% $125 / Sq Ft
08/08/2023 08/08/23 Price Changed $245,000 -3.5% $131 / Sq Ft
08/02/2023 08/02/23 Price Changed $253,900 -2.3% $135 / Sq Ft
07/18/2023 07/18/23 For Sale $259,900 +96.2% $139 / Sq Ft
02/15/2019 02/15/19 Sold $132,500 -8.6% $71 / Sq Ft
11/08/2018 11/08/18 For Sale $145,000 +9.4% $77 / Sq Ft
10/27/2018 10/27/18 Off Market $132,500 -- --
07/15/2018 07/15/18 Price Changed $145,000 -9.3% $77 / Sq Ft
06/28/2018 06/28/18 Price Changed $159,900 -5.9% $85 / Sq Ft
04/26/2018 04/26/18 For Sale $169,900 -- $91 / Sq Ft
Source: Indiana Regional MLS

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 $640 $176,700 $19,400 $157,300
2023 $640 $145,800 $18,600 $127,200
2022 $589 $141,200 $17,700 $123,500
2021 $582 $123,600 $15,100 $108,500
2020 $743 $110,400 $15,100 $95,300
2019 $440 $106,800 $15,800 $91,000
2018 $509 $108,000 $15,900 $92,100
2017 $461 $98,800 $20,600 $78,200
2016 $541 $97,000 $20,600 $76,400
2014 $525 $94,400 $20,600 $73,800
2013 $525 $89,000 $20,600 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202325338

Indiana Regional MLS

APN: 38-02-30-100-003.000-023