NOT LISTED FOR SALE

498 E Main St Bloomfield, IN 47424

Estimated Value: $79,000 - $107,000

2 Beds
1 Bath
1,220 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $69,900 $57 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $554/month

3 Days on Market

Highlights

  • Partially Wooded Lot
  • Covered patio or porch
  • 1-Story Property
  • Wood Flooring
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Charming Queen Anne Cottage with tons of upgrades. All the "bones" of this quaint home have been upgraded thru the years. Roof, electrical, HVAC, etc. Great potential with most of the remaining work being cosmetic and decorating. Wrap around original porch with beautifully detailed gingerbread trim and stained-glass entry doors on both sides of the porch. Interior has original woodwork w/gingerbread & light fixtures, hardwood floors, door transoms & pocket door. Living room opens into formal dining room. Large kitchen walks out to enclosed porch w/window box that could be used for plants. Bathroom has free standing antique tub w/shower handle, wainscoting and new windows. Small garage in basement with overhead door & side drive entry. Enter basement thru garage or back door on back of home. Basement is roomy and perfect for storage or a man cave. Concrete steps and hand railing lead to the hillside private oasis yard. Almost one acre of lush landscaping that just needs mowed and trimmed to remove the overgrowth. All the components to design and create your secret garden. Cottage and yard is shaded by mature maple trees. This home was built by Levi J. Faucett, a successful lumber/sawmill businessman from Mineral & moved to Bloomfield in 1905 and started the Furniture Factory. Priced to sell. Make your appointment today.

Last Listed By

Risa Dyar

Risa Dyar Real Estate Listed on: 07/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1915

Lot Details

  • 0.71 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Block Basement Construction

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 28-08-23-442-014.001-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,120

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1915
  • Age: 107
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 025-00054-00 PT SE 23 7 5(60X 222) PT SE 23 7 5(15 1/2X 286.18) PT SE 23 7 5(12 1/2X375X72 1/2X153X60X222
  • Parcel Number ID: 28-08-23-442-014.001-025
  • Platted: Yes
  • Amenities: Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2440
  • Total Finished Sq Ft: 1220
  • Above Grade Finished Sq Ft: 1220
  • Below Grade Sq Ft: 1220
  • Price Per Sq Ft: 57.3
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block, Brick
  • Flooring: Hardwood Floors
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 14x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1220

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x8
  • Garage Sq Ft: 128
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Midwest Natural Gas Corp
  • Water Company: Eastern Heights Utilities

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Partially Wooded, Slope
  • Lot Dimensions: .71
  • Estimated Lot Sq Ft: 30928
  • Estimated Lot Size Acres: 0.71

Tax Info

  • Annual Taxes: 1120

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 15, 2022
Sold by
Ann May Cinda
Bought by
Godwin Jedidiah D
Seller's Agent
Risa Dyar
Risa Dyar Real Estate
Buyer's Agent
Jeremy Breedlove
Dyar Real Estate Inc
List Price
$69,900
Sold Price
$69,900
Total Days on Market
3
Views
1
Current Estimated Value
$93,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,079
Avg. Annual Appreciation
11.50%
Original Mortgage
$49,900
Outstanding Balance
$43,591
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$50,388

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
Godwin Jedidiah D $69,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godwin Jedidiah D $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $69,900 0.0% $57 / Sq Ft
07/13/2022 07/13/22 For Sale $69,900 -- $57 / 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 $396 $58,800 $8,300 $50,500
2023 $379 $58,200 $8,300 $49,900
2022 $1,198 $59,900 $8,300 $51,600
2021 $1,120 $55,400 $8,300 $47,100
2020 $1,124 $55,600 $8,300 $47,300
2019 $383 $55,600 $8,300 $47,300
2018 $389 $55,600 $8,300 $47,300
2017 $367 $54,700 $8,300 $46,400
2016 $370 $54,100 $8,300 $45,800
2014 $326 $53,300 $8,300 $45,000
2013 -- $51,400 $8,300 $43,100
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202228927

Indiana Regional MLS

APN: 28-08-23-442-014.001-025