NOT LISTED FOR SALE

4614 Farmington Rd Gas City, IN 46933

Estimated Value: $159,000 - $174,000

5 Beds
2 Baths
2,484 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $159,900 $64 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,026/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Woodwork
  • Ceiling height of 9 feet or more
  • Eat-In Kitchen
  • Bathtub with Shower
  • Level Lot

About This Home

As of April 2024

Location, Location, Location. This old farmhouse featuring over 2,400 sqft, 5 bedrooms, and two baths is located just on the edge of town in Gas City. This home sits on just over an acre of land surrounded by farmland on all sides. Most of the windows have been replace with vinyl windows, and it has a newer electric heat pump. Included in the property is a 40x40 pole barn that with a little work, would make an amazing workshop or mancave. This house shows its age, tt needs some work, but the potential for this home is off the charts. Seller is selling this home as is.

Last Agent to Sell the Property

Nate Nicholson

Nicholson Realty 2.0 LLC Brokerage Phone: 765-661-8516 Listed on: 02/07/2024

Last Buyer's Agent

Jennifer Swanner

Nicholson Realty 2.0 LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1910

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 241x195
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Asbestos Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling height of 9 feet or more

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Basement Cellar

Outdoor Features

  • Covered Patio or Porch

Schools

  • Westview/Northview Elementary School
  • R J Basket Middle School
  • Mississinewa High School

Utilities

  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • Gas City Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-07-35-100-013.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,931

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 06-02-436; PT SW NE SEC 35 4 A
  • Parcel Number ID: 27-07-35-100-013.000-016
  • Platted: Yes
  • Amenities: Cable Available, Ceiling-9+, Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Natural Woodwork, Porch Covered, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2484
  • Total Finished Sq Ft: 2484
  • Above Grade Finished Sq Ft: 2484
  • Basement Foundation: Cellar
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Family Room: Dimensions: 20x15, On Level: Upper
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 15x14, On Level: Main
  • Bedroom 3: Dimensions: 15x13, On Level: Upper
  • Bedroom 4: Dimensions: 15x11, On Level: Upper
  • Bedroom 5: Dimensions: 12x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x40

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 10
  • Well Type: Private

Schools

  • Elementary School: Westview/Northview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 241x195
  • Estimated Lot Sq Ft: 47045
  • Estimated Lot Size Acres: 1.08

Tax Info

  • Annual Taxes: 1931.04

MLS Schools

  • High School: Mississinewa
  • Middle School: R J Basket
  • School District: Mississinewa Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 12, 2024
Sold by
Olynger Henry Albert and Olynger Gary Lee
Bought by
Dickason Justin and Powell Allison
Seller's Agent
Nate Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Jennifer Swanner
Nicholson Realty 2.0 LLC
List Price
$159,900
Sold Price
$159,900
Views
126
Current Estimated Value
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,100
Avg. Annual Appreciation
3.26%
Original Mortgage
$372,641
Outstanding Balance
$367,073
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$199,073

Purchase Details

Closed on
Dec 29, 2022
Sold by
Olynger Brothers Partnership
Bought by
Olynger Henry Albert and Olynger Gary Lee
Source: Public Records

Range of Values:

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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
Dickason Justin $159,900 None Listed On Document
Olynger Henry Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickason Justin $372,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $159,900 0.0% $64 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $159,900 -- $64 / 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 $1,707 $105,300 $25,000 $80,300
2023 $1,982 $117,500 $24,100 $93,400
2022 $1,931 $108,300 $23,300 $85,000
2021 $1,805 $95,700 $22,800 $72,900
2020 $1,673 $92,700 $22,800 $69,900
2019 $1,648 $92,100 $23,400 $68,700
2018 $1,553 $88,100 $21,700 $66,400
2017 $1,529 $87,700 $22,200 $65,500
2016 $1,428 $86,200 $22,500 $63,700
2014 $1,325 $84,900 $22,700 $62,200
2013 $1,325 $84,000 $22,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202403832

Indiana Regional MLS

APN: 27-07-35-100-013.000-016