NOT LISTED FOR SALE

4986 Sassafras Rd Freedom, IN 47431

Estimated Value: $288,000 - $425,439

2 Beds
2 Baths
1,790 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $375,000 $209 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,321/month

17 Days on Market

Highlights

  • Water Views
  • 28.32 Acre Lot
  • Lake Property
  • Primary Bedroom Suite
  • Open Floorplan
  • Traditional Architecture

About This Home

As of April 2022

What a package! This property has a little bit of everything on 28.318 acres. The home is open concept with cathedral ceilings in living room and a wall of windows to take in the lake view and fireplace. The kitchen has beautiful granite counter tops, cherry cabinetry and appliances. The loft makes for great office space, 2 bedrooms, 2 full baths, family room in lower level with wood stove. Screened in back porch and open patio overlooking the lake. Attached garage and 30x40 pole building with concrete floor and electricity. There are apprx 8 acres fenced for livestock, 15 acres tillable and the stocked lake is 2+ acres. APPT ONLY AS DRIVEWAY IS SHARED

Last Listed By

Rene West

West & Co., REALTORS Listed on: 03/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1997

Lot Details

  • 28.32 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Screened Porch
  • Water Views
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake Property
  • Patio

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-16-18-400-150.000-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Age: 25
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN NW SE S18 T9 R4 28.31 ACRES
  • Parcel Number ID: 60-16-18-400-150.000-017
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Countertops-Stone, Open Floor Plan, Patio Open, Porch Screened, Tub/Shower Combination, Main Level Bedroom Suite
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 94.96
  • Year Taxes Payable: 2021/2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1790
  • Total Finished Sq Ft: 1790
  • Above Grade Finished Sq Ft: 970
  • Below Grade Finished Sq Ft: 820
  • Price Per Sq Ft: 386.6
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 16x16, On Level: Main
  • Dining Room: Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Lower
  • Loft: Dimensions: 15x10, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 820

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 40x30
  • Fence: Farm

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x14
  • Garage Sq Ft: 308
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Lowerx6, On Level: 11
  • Well Type: Private

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Spencer

Lot Info

  • Lot Description: Level, Flood Plain, Lake, Pasture, Water View
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 1233532
  • Estimated Lot Size Acres: 28.318

Tax Info

  • Annual Taxes: 1514.1
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 18, 2022
Sold by
Boyd Kevin W
Bought by
Hinchman Maxwell Chance and Hinchman Krista M
Seller's Agent
Rene West
West & Co., REALTORS
Buyer's Agent
Rene West
West & Co., REALTORS
List Price
$394,900
Sold Price
$375,000
Premium/Discount to List
-$19,900
-5.04%
Total Days on Market
17
Current Estimated Value
$389,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,860
Avg. Annual Appreciation
1.28%
Original Mortgage
$257,128
Outstanding Balance
$242,633
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$147,227

Purchase Details

Closed on
Apr 22, 2009
Sold by
Hickam William B and Hickam Carole J
Bought by
Boyd Kevin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,757
Interest Rate
4.85%
Mortgage Type
FHA

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
Hinchman Maxwell Chance $375,000 None Listed On Document
Boyd Kevin W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinchman Maxwell Chance $257,128
Previous Owner Boyd Kevin W $134,000
Previous Owner Boyd Kevin W $175,757
Previous Owner Hickam William B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $375,000 -5.0% $209 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $394,900 -- $221 / 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 $1,916 $251,400 $66,300 $185,100
2023 $1,850 $233,400 $58,600 $174,800
2022 $1,864 $215,600 $50,500 $165,100
2021 $1,514 $164,000 $46,600 $117,400
2020 $1,461 $161,800 $46,400 $115,400
2019 $1,488 $154,500 $45,600 $108,900
2018 $1,511 $154,500 $46,600 $107,900
2017 $1,582 $160,300 $51,100 $109,200
2016 $1,663 $160,800 $52,700 $108,100
2014 $1,706 $164,200 $54,400 $109,800
2013 -- $164,700 $49,000 $115,700
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202207858

Indiana Regional MLS

APN: 60-16-18-400-150.000-017