NOT LISTED FOR SALE

489 W Mechanic St Shelbyville, IN 46176

Estimated Value: $100,000 - $187,000

3 Beds
2 Baths
1,613 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $28,000 $17 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $999/month

145 Days on Market

Highlights

  • Woodwork
  • Outdoor Storage
  • 4-minute walk to Sunset Park
  • Laundry closet
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

This home offers a huge living room, large deck, 3 bedrooms and 2 baths with dining room and eat in kitchen. Also features neutral colors, and a spacious bathroom that make this a great home.

Last Agent to Sell the Property

Scott Smith

Keller Williams Indy Metro S License #RB14021668 Listed on: 07/05/2016

Keller Williams Indy Metro S

Last Buyer's Agent

Thomas Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1913

Lot Details

  • 4,138

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Crawl Space
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

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

Community Details

  • Monteo Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 730731400263000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2011
  • Year Built: 1913
  • Garage Y N: No
  • Subdivision Name: MONTEO VILLAGE
  • Inspection Warranties: Not Applicable
  • Property Description: This home offers a huge living room, large deck, 3 bedrooms and 2 baths with dining room and eat in kitchen. Also features neutral colors, and a spacious bathroom that make this a great home.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer,Disposal,Electric Oven,Refrigerator,Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted
  • Living Area: 1613
  • Other Equipment: Smoke Detector,Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry Closet
  • Eating Area: Formal Dining Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1613
  • Main Level Sq Ft: 1160
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1613
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 453
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Aluminum Siding,Stone
  • Disclosures: HUD-Owned
  • Exterior Features: Storage
  • Foundation Details: Crawl Space
  • List Price: 31500
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730731400263000002
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 32
  • Lot Size: 122x34

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 424
  • Semi Annual Property Tax Amt: 212
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Jan 6, 2017
Sold by
Us Department Of Housing And Urban Developmen
Bought by
Reed Member Charles James
Seller's Agent
Scott Smith
Keller Williams Indy Metro S
Buyer's Agent
Thomas Richmond
List Price
$36,000
Sold Price
$28,000
Premium/Discount to List
-$8,000
-22.22%
Current Estimated Value
$157,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,634
Avg. Annual Appreciation
21.92%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Fifth Third Mortgage Co
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Oct 1, 2015
Sold by
Thomas Nathanial R and Martin Tom
Bought by
Fifth Third Mortgage Co

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 29, 2012
Sold by
England James A
Bought by
Thomas Nathanial R
Seller's Agent
Nathan Runnebohm
Runnebohm Realty, LLC
Buyer's Agent
Sheri Jones
Hoosier, REALTORS®
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$68,127
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2010
Sold by
Secretary Of Hud Washington Dc
Bought by
England James A

Purchase Details

Closed on
Apr 5, 2010
Sold by
Gmac Mortgage Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 1, 2010
Sold by
Romero Julia G and Zions First National Bank
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
Jeffries Cynthia A
Bought by
Romero Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,262
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reed Member Charles James $28,000 --
Reed Real Estate Llc $28,000 Quality Title Insurance
The Secretary Of Housing And Urban Devel -- None Available
Fifth Third Mortgage Co $63,000 None Available
Thomas Nathanial R -- None Available
England James A -- --
Secretary Of Hud -- --
Gmac Mortgage Llc $83,073 --
Romero Julia G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Nathanial R $68,127
Previous Owner Romero Julia G $77,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2017 01/11/17 Sold $28,000 -11.1% $17 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/09/2016 11/09/16 Price Changed $31,500 -12.5% $20 / Sq Ft
11/05/2016 11/05/16 For Sale $36,000 0.0% $22 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $36,000 0.0% $22 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $36,000 -20.0% $22 / Sq Ft
07/05/2016 07/05/16 For Sale $45,000 -35.6% $28 / Sq Ft
02/29/2012 02/29/12 Sold $69,900 0.0% $43 / Sq Ft View Prior Sale
01/16/2012 01/16/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $69,900 -- $43 / 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 $1,916 $95,800 $10,400 $85,400
2023 $1,596 $79,800 $9,000 $70,800
2022 $1,312 $65,600 $7,400 $58,200
2021 $1,190 $59,500 $7,200 $52,300
2020 $1,190 $59,500 $7,400 $52,100
2019 $752 $37,600 $6,800 $30,800
2018 $554 $27,700 $8,800 $18,900
2017 $546 $27,300 $8,800 $18,500
2016 $437 $70,200 $8,800 $61,400
2014 $435 $72,000 $8,800 $63,200
2013 $435 $72,000 $8,800 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21428275

MIBOR Broker Listing Cooperative®

APN: 73-07-31-400-263.000-002