NOT LISTED FOR SALE

481 Terrace Lake Rd Columbus, IN 47201

Estimated Value: $266,000 - $352,000

3 Beds
2 Baths
1,918 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $152,900 $80 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,823/month

37 Days on Market

About This Home

As of August 2013

Older stone ranch home with a lot of character. Hardwood under carpeting, maintainence free exterior + appliances included. 1/2 bath in basement is a shower, family room has built-in shelving, bonus room was used as a bedroom. Home is in an estate but there was some minor water leakage in basement due rain runaway. Home sits on 3+ acres so possibilities are galore in rear yard.

Last Listed By

Michael Crafton

Landtree, REALTORS® License #RB14013586 Listed on: 07/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $878

Year Built

  • 1956

Lot Details

  • 3

Additional Features

  • Combination Dining and Living Room
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$878

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Website: www.landtreerealtors.com
  • Website: www.mibor.com
  • Architectural Style: Ranch
  • Directions: I65 to the Columbus Exit ( at the highway arches ) then west 1/2 mile to Goeller. Left or south to Terrace Lake Road then left again to the home up the hill on the left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Has Basement: Daylight/Lookout Windows, Finished
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1096
  • Main Level Sq Ft: 1096
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 822
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 25-50%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Other Equipment: Smoke Detector, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter, Crawl Space
  • Association Maintained Building Exterior: 0
  • Construction Type: Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Acres: 3-5 Acres
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 3.0 + acres

Tax Info

  • Semi Annual Property Tax Amt: 439
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 878
  • Tax Year: 2012

MLS Schools

  • School District: Bartholomew Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 30, 2013
Sold by
Forgey Daryl Max and Forgey Robert
Bought by
Acosta Jose I
Seller's Agent
Michael Crafton
Landtree, REALTORS®
Buyer's Agent
Holly Downey
Carpenter, REALTORS®
List Price
$169,900
Sold Price
$152,900
Premium/Discount to List
-$17,000
-10.01%
Total Days on Market
37
Current Estimated Value
$293,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,204
Avg. Annual Appreciation
5.70%

Range of Values:

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Average Value
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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
Acosta Jose I $152,900 National Escrow Title Compan
Acosta Jose I $152,900 National Escrow Title Compan
Forgey Robert W $152,900 --
Jose I $152,900 National Escrow Title Compan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $152,900 -10.0% $80 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $169,900 -- $89 / 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 $2,372 $203,000 $45,200 $157,800
2023 $1,938 $165,200 $45,200 $120,000
2022 $1,966 $163,900 $45,200 $118,700
2021 $1,675 $141,600 $45,200 $96,400
2020 $1,779 $145,100 $46,000 $99,100
2019 $1,626 $142,200 $46,000 $96,200
2018 $1,582 $140,200 $46,000 $94,200
2017 $1,597 $139,200 $42,000 $97,200
2016 $1,533 $137,400 $42,000 $95,400
2014 $3,474 $154,000 $42,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21243953

MIBOR Broker Listing Cooperative®

APN: 03-95-27-230-000.500-005