491 W Washington St Rensselaer, IN 47978
Marion NeighborhoodHighlights
- Wood Flooring
- No HOA
- Living Room
- 2 Fireplaces
- Neighborhood Views
- 5-minute walk to Jasper Newton Foundation Park
About This Home
As of March 2025What an amazing estate awaits you here. A crazy 1/2 acre in town lot with a monster 3+ Finished garage in a Norman Rockwell like setting on the corner of Washington and College avenue. Truly a must-see as pictures don't do justice for the amount of space here. Partially finished basement with kitchenette, a 2nd laundry on the upper level. Possible 4-5 bedrooms and looks like the home went through a total renovation when it's sold in 2020. REO property now so be sure to ask an agent about requirements to submission of offers and any wanted inspections. Priced aggressively for a quick sale but rest assured being sold AS IS for this price and seller will do or make no repairs or credits for any needed post home inspection or for financing/appraisal. Utilities are on and no alterations of the home will be allowed to be made prior to closing. Ask an agent for details on the REO process. Once an Indiana board contract with POF and/or Approval are reviewed and terms are conditionally accepted online by the sellers asset manager a full REO addendum will be sent for client signatures before a complete contract is deemed accepted. Instructions are online with a link to offer site and terms
Last Agent to Sell the Property
SCHUPP Real Estate License #RB14033846 Listed on: 11/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,762
Year Built
- Built in 1910
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 125x150
- Back Yard Fenced
- Landscaped
Parking
- 3.5 Car Garage
- Off-Street Parking
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Living Room
- Dining Room
- Neighborhood Views
- Basement
- Laundry in Basement
- Laundry on upper level
Kitchen
- Oven
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Outdoor Storage
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- South Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 370730001011032027
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Rensselaer, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $268,450 | Statewide Title | |
| Sheriffs Deed | $227,200 | None Listed On Document | |
| Warranty Deed | $250,000 | Land Title Agency, Inc | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $135,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $263,587 | FHA | |
| Previous Owner | $252,525 | New Conventional | |
| Previous Owner | $97,600 | New Conventional |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $268,450 | +3.3% | $77 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $260,000 | 0.0% | $75 / Sq Ft |
| 12/27/2024 12/27/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | For Sale | $260,000 | +4.0% | $75 / Sq Ft |
| 04/27/2020 04/27/20 | Sold | $250,000 | 0.0% | $72 / Sq Ft |
| 03/16/2020 03/16/20 | Pending | -- | -- | -- |
| 03/02/2020 03/02/20 | For Sale | $250,000 | +111.9% | $72 / Sq Ft |
| 07/31/2019 07/31/19 | Sold | $118,000 | 0.0% | $41 / Sq Ft |
| 06/10/2019 06/10/19 | Pending | -- | -- | -- |
| 06/01/2019 06/01/19 | For Sale | $118,000 | -- | $41 / Sq Ft |
Tax History Compared to Growth
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 | $1,882 | $296,000 | $33,800 | $262,200 |
| 2023 | $1,762 | $288,500 | $33,800 | $254,700 |
| 2022 | $1,738 | $258,000 | $29,300 | $228,700 |
| 2021 | $1,783 | $246,200 | $29,300 | $216,900 |
| 2020 | $1,125 | $176,400 | $29,300 | $147,100 |
| 2019 | $2,259 | $175,200 | $28,100 | $147,100 |
| 2018 | $1,024 | $174,100 | $28,100 | $146,000 |
| 2017 | $921 | $167,400 | $28,100 | $139,300 |
| 2016 | $866 | $166,600 | $28,100 | $138,500 |
| 2014 | $858 | $164,200 | $28,100 | $136,100 |
Agents Affiliated with this Home
-
John Schupp
Seller's Agent in 2025
John Schupp
SCHUPP Real Estate
(219) 775-2373
7 in this area
328 Total Sales
-
Susan Stevens
Buyer's Agent in 2025
Susan Stevens
McColly Real Estate
(219) 789-9473
1 in this area
78 Total Sales
-
M
Seller's Agent in 2020
Mary Ann Critser
Cornerstone Real Estate Agency
-
Terri Phegley
Seller Co-Listing Agent in 2020
Terri Phegley
Cornerstone Real Estate Agency
(219) 863-2206
103 in this area
175 Total Sales
-
Mary Brown
M
Buyer's Agent in 2020
Mary Brown
Cornerstone Real Estate Agency
(219) 863-3197
14 in this area
21 Total Sales
-
Kathy Stucker
Seller's Agent in 2019
Kathy Stucker
Stucker Rlty Inc
(219) 261-2910
5 in this area
46 Total Sales
Map
Source: Northwest Indiana Association of REALTORS®
MLS Number: 813188
APN: 37-07-30-001-011.032-027
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