NOT LISTED FOR SALE

Estimated Value: $238,000 - $253,000

4 Beds
2 Baths
2,400 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $200,000 $83 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,459/month

47 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • Workshop
  • Corner Lot
  • Covered patio or porch
  • Formal Dining Room

About This Home

As of November 2021

This home is a piece of history from Old Somerset. From the time you drive up the concrete driveway, you'll become a part of the rich town history. The house was once owned by the community doctor. The current owners are only the fourth family to live in this home, having lived there for the past 47 years. The exterior features maintenance free vinyl siding with the paintable surfaces wrapped with aluminum. The roof was replaced in July 2021 and a new 200-amp electrical service and new wiring installed in October 2021. The downstairs features Andersen oak windows, installed in 2018, which are stained to match the original woodwork. As you enter the front door you are welcomed into a spectacular older home with original oak woodwork, a brick fireplace with remote-controlled gas logs, nice built-in's on both sides of the fireplace and an open stairway. The entire main floor still has the original oak flooring under the carpet. The dining room is large enough for family gatherings and the eat-in remodeled kitchen has that period correct feel with all the modern amenities. The upper level features four bedrooms, three of which have walk-in closets, a bathroom with a clawfoot tub and replacement windows, installed in 2015. The unfinished full basement serves as a great area for those craft and woodworking projects. It includes two large workbenches and storage shelving. It also has a full bathroom with a walk-in shower and large laundry area. The home also features a large, floored attic and two-car garage. Nice vinyl privacy fenced-in back yard and the large 10' x 26' covered front porch where you can sit in the swing on those long summer evenings. It's a wonderful place to relax with your favorite beverage and greet your neighbors as they are out for their evening walk. The living room, upper stairway and main bedroom have been recently repainted. Concrete driveway. Wood shelf in the kitchen does not remain. See attached list of recent improvements and utility averages.

Last Listed By

Robert Lundquist

Lundquist Appraisals & Real Estate Listed on: 10/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 1925

Lot Details

  • 0.62 Acre Lot
  • Privacy Fence
  • Vinyl Fence
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Chute
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Powered By Owned Propane
  • Propane

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-18-27-404-029.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 96
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Somerset Addition Lots 50, 54 & Pt Lot 57
  • Parcel Number ID: 85-18-27-404-029.000-013
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Stone, Detector-Carbon Monoxide, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Landscaped, Laundry-Chute, Porch Covered, Workshop, Formal Dining Room, Custom Cabinetry
  • Cross Street: 3rd street
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 100.76
  • Year Taxes Payable: 2020 pay 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3445
  • Total Finished Sq Ft: 2400
  • Above Grade Finished Sq Ft: 2360
  • Below Grade Finished Sq Ft: 40
  • Below Grade Sq Ft: 1045
  • Price Per Sq Ft: 84.75
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished, Walk-up
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 30x16, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Family Room: Dimensions: 14x10, On Level: Main
  • Bedroom 1: Dimensions: 17x13, On Level: Upper
  • Bedroom 2: Dimensions: 17x13, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1085

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Privacy, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x22
  • Garage Sq Ft: 660
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Propane, Hot Water, Propane Tank Owned
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: NIPSCO

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood
  • Elementary School: Southwood

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 209 x 130 See attached plat map
  • Estimated Lot Sq Ft: 27007
  • Estimated Lot Size Acres: 0.62

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 578.5
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Southwood
  • Middle School: Southwood
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Gillenwater Tory Mikel and Gillenwater Sydnee
Bought by
Eastman Tavian
Total Days on Market
47
Current Estimated Value
$247,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Outstanding Balance
$240,089
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
$10,413

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 23, 2021
Sold by
Knight James S and Knight Mary O
Bought by
Gillenwater Tory Mikel and Gillenwater Sydnee
Seller's Agent
Robert Lundquist
Lundquist Appraisals & Real Estate
Buyer's Agent
SB NonMember
NonMember SB
List Price
$198,500
Sold Price
$200,000
Premium/Discount to List
$1,500
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$200,000
Interest Rate
2.99%
Mortgage Type
VA

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
Eastman Tavian $245,000 None Listed On Document
Gillenwater Tory Mikel $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastman Tavian $240,562
Previous Owner Gillenwater Tory Mikel $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $200,000 +0.8% $83 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $198,500 -- $83 / 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 $1,059 $189,700 $29,300 $160,400
2023 $958 $188,200 $29,300 $158,900
2022 $710 $168,800 $23,400 $145,400
2021 $639 $146,000 $23,400 $122,600
2020 $579 $140,900 $23,400 $117,500
2019 $513 $135,000 $23,400 $111,600
2018 $480 $130,700 $23,400 $107,300
2017 $436 $125,400 $23,400 $102,000
2016 $300 $125,500 $23,400 $102,100
2014 $285 $130,500 $23,400 $107,100
2013 $224 $128,100 $23,400 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Indiana Regional MLS

MLS Number: 202142381

Indiana Regional MLS

APN: 85-18-27-404-029.000-013