NOT LISTED FOR SALE

49 Elm St Somerset, IN 46984

Estimated Value: $225,000 - $238,000

3 Beds
2 Baths
2,194 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $127,500 $58 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,292/month

1 Day on Market

Highlights

  • Ranch Style House
  • Skylights
  • 2 Car Attached Garage
  • Walk-In Pantry
  • Porch
  • Central Air

About This Home

As of October 2013

Open kitchen dine & living room, with a large family room just off the opposite side of the kitchen. Brand new roof, well maintained and many updates, larger corner lot, 2 car attached garage.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $126

Year Built

  • Built in 1994

Lot Details

  • 0.52 Acre Lot

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 2,194 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Crawl Space
  • Fire and Smoke Detector
  • Walk-In Pantry

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 85-18-27-404-021.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$126

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1994
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Somerset Addn Lots 49 & 55
  • Parcel Number ID: 85-18-27-404-021.000-013
  • Platted: Yes
  • Amenities: Cable Ready, Ceiling Fan(s), Deck Open, Detector-Smoke, Garage Door Opener, Pantry-Walk In, Porch Open, Skylight(s)
  • Special Features: None

Interior Features

  • Total Sq Ft: 2194
  • Total Finished Sq Ft: 2194
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Main Level Sq Ft: 2194

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x24

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Water Utilities: City

Schools

  • School District: MSD of Wabash County Schools

Lot Info

  • Lot Dimensions: 104x130 & 70 x 130
  • Estimated Lot Size Acres: 0.52

Tax Info

  • Annual Taxes: 126.5
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Caley Joshua A and Caley Hayley B
Bought by
Olsen Eric
Current Estimated Value
$231,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,485
Outstanding Balance
$26,553
Interest Rate
3.22%
Estimated Equity
$191,504

Purchase Details

Closed on
Jun 7, 2019
Sold by
Milliner Timothy J and Milliner Chasity
Bought by
Caley Joshua A and Caley Hayley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2013
Closed on
Oct 25, 2013
Sold by
Warnock Kevin Lee and Warnock Teresa
Bought by
Milliner Timothy J and Milliner Chasity
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$114,750
Interest Rate
4.59%
Mortgage Type
New Conventional
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
Olsen Eric $189,900 Downs Tandy & Petruniw Pc
Caley Joshua A $145,000 Metz Title Company, Inc
Milliner Timothy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Eric $28,485
Open Olsen Eric $151,920
Previous Owner Caley Joshua A $130,500
Previous Owner Milliner Timothy J $114,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $127,500 -1.8% $58 / Sq Ft
10/27/2013 10/27/13 For Sale $129,900 -- $59 / 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 $834 $159,600 $25,300 $134,300
2023 $757 $158,300 $25,300 $133,000
2022 $551 $142,000 $20,200 $121,800
2021 $486 $122,700 $20,200 $102,500
2020 $438 $118,500 $20,200 $98,300
2019 $358 $109,000 $20,200 $88,800
2018 $334 $105,600 $20,200 $85,400
2017 $310 $101,700 $20,200 $81,500
2016 $221 $102,900 $20,100 $82,800
2014 $206 $107,600 $20,100 $87,500
2013 $172 $108,900 $20,200 $88,700
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 797037

Indiana Regional MLS

APN: 85-18-27-404-021.000-013