NOT LISTED FOR SALE

497 17th Rd Bourbon, IN 46504

Estimated Value: $511,000 - $850,000

5 Beds
1 Bath
1,820 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $815,217 $448 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,765/month

36 Days on Market

About This Home

As of October 2023

BID-ONLINE ONLY AUCTION!! BEING SOLD AS-IS!! Auction Type: Online Bidding Auction End Date: September 20, 2023, 6:30 PM Eastern Time Property Address: 487 17th Rd Bourbon, IN 46504, Marshall County Property Description: Total Acreage: 64.88 acres Tillable Acres: Approximately 62 acres Farming Type: Productive farm ground with years of no-till farming Home: 1820 sqft with 5 bedrooms and 1 bathroom Additional Structure: 45'X75'X16' pole building with electric Location: Situated in Marshall County, Indiana Notable Features: 64.88 acres of diverse land, with the majority being highly productive tillable acreage. No-till farming practices have contributed to the land's fertility and productivity. The spacious home with 5 bedrooms offers potential for both residential and agricultural use. The pole building provides an excellent storage solution for farming equipment and other needs. Convenient location within Marshall County, offering both rural serenity and accessibility to amenities. Bidding Process: The auction is exclusively conducted online, allowing interested parties to bid remotely. Bidders have the opportunity to place bids until the auction concludes on September 20, 2023, at 6:00 PM Eastern Time. Property Potential: Ideal for investors seeking productive farmland with established no-till practices. A potential haven for individuals or families looking for rural living with farming opportunities. The diverse acreage and existing structures provide possibilities for various agricultural endeavors. Organizer: The auction is organized by auction manager Brecken Kennedy. Purpose: The auction aims to facilitate the sale of the 64.88-acre farm property to interested buyers, providing them with a valuable investment opportunity in Indiana's agricultural landscape. As the online auction progresses, interested parties are invited to place their bids for this prime 64.88-acre farm property, complete with tillable acreage, a spacious home, and versatile storage solutions. The bidding process will conclude on September 20, 2023, at 6:00 PM Eastern Time. Don't miss this chance to become the proud owner of a piece of thriving Indiana farmland. Cash rent income of $190/per acre

Last Agent to Sell the Property

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 08/16/2023

Last Buyer's Agent

Brecken Kennedy

Mossy Oak Properties/Indiana Land and Lifestyle Listed on: 08/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1876

Lot Details

  • 64.88 Acre Lot
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,820 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Schools

  • Triton Elementary And Middle School
  • Triton High School

Utilities

  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 50-24-16-000-003.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1876
  • Age: 147
  • Style: One and Half Story
  • Total Number of Rooms: 9
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Acreage 80 N 1/2 NE (NEW SPLIT OF 64.88 ACRES)
  • Parcel Number ID: 50-24-16-000-003.000-012
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: Auction
  • Stories: 1

Interior Features

  • Total Sq Ft: 1820
  • Total Finished Sq Ft: 1820
  • Above Grade Finished Sq Ft: 1820
  • Price Per Sq Ft: 447.92
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 9x9, On Level: Upper
  • Bedroom 5: Dimensions: 9x8, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None, Dimensions: 45x72

Utilities

  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton
  • Elementary School: Triton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 2826173
  • Estimated Lot Size Acres: 64.88

Tax Info

  • Annual Taxes: 1750

MLS Schools

  • High School: Triton
  • Middle School: Triton
  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 17, 2023
Sold by
Vining Alice M
Bought by
Jerangle Dairy Llc
Seller's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
Buyer's Agent
Brecken Kennedy
Mossy Oak Properties/Indiana Land and Lifestyle
List Price
$815,217
Sold Price
$815,217
Views
60
Current Estimated Value
$679,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,025
Avg. Annual Appreciation
-8.94%
Original Mortgage
$115,000
Outstanding Balance
$111,748
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$567,444

Purchase Details

Closed on
Jun 13, 2023
Sold by
Vining Alice
Bought by
Vining David L
Source: Public Records

Range of Values:

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Average Value
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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
Jerangle Dairy Llc -- None Listed On Document
Vining David L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerangle Dairy Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $815,217 0.0% $448 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $815,217 -- $448 / 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 $1,965 $173,500 $140,700 $32,800
2022 $1,965 $134,100 $102,500 $31,600
2021 $1,591 $115,000 $88,500 $26,500
2020 $1,515 $113,700 $87,000 $26,700
2019 $1,697 $123,900 $98,700 $25,200
2018 $1,733 $124,700 $96,100 $28,600
2017 $1,699 $131,800 $106,800 $25,000
2016 $1,814 $138,100 $112,500 $25,600
2014 $1,783 $137,700 $112,600 $25,100
Source: Public Records

Agents Affiliated with this Home

  • Brecken Kennedy

    Seller's Agent in 2023

    Brecken Kennedy

    Mossy Oak Properties/Indiana Land and Lifestyle

    (260) 578-7661

    165 Total Sales

    Brecken Kennedy
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202329395

Indiana Regional MLS

APN: 50-24-16-000-003.000-012

Indiana Marshall County Bourbon 46504

497 17th Rd, Bourbon, IN

This home is located at 497 17th Rd, Bourbon, IN 46504 since 16 August 2023 and is currently estimated at $679,192, approximately $373 per square foot. This property was built in 1876. 497 17th Rd is a home located in Marshall County with nearby schools including Triton Elementary School and Triton Junior-Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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