501 E 2nd St Sheridan, IN 46069
4
Beds
1
Bath
2,360
Sq Ft
2,460
Sq Ft Lot
Highlights
- Mature Trees
- Corner Lot
- Covered patio or porch
- Traditional Architecture
- No HOA
- Breakfast Room
About This Home
As of December 2024Step into this charming 4-bedroom, 1-bathroom home boasting a generous 2,960 sqft of living space, offering endless possibilities for family fun and activities! Nestled on a corner lot, this property features a detached garage transformed into a fully-functional 1-bedroom, 1-bathroom apartment-perfect for generating passive income or housing guests. Imagine hosting family gatherings in your fully fenced backyard, providing a safe and private space for outdoor enjoyment. With no HOA restrictions, you have the freedom to personalize your property to your heart's content! This unique setup not only provides ample space for your family to thrive but also creates an excellent investment opportunity for those looking to expand their portfolio. Whether you're a first-time buyer or a seasoned investor, this home could be the perfect blend of comfort and income potential. Don't let this remarkable opportunity slip away-seize the chance to make this versatile property your own!
Last Agent to Sell the Property
Highgarden Real Estate Brokerage Email: ckitchen@highgarden.com License #RB21002762 Listed on: 09/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,678
Year Built
- Built in 1940
Lot Details
- 2,460 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Garage
- Carport
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Woodwork
- Wood Frame Window
- Breakfast Room
- Utility Room
- Storm Windows
Kitchen
- Double Oven
- Electric Oven
- Electric Cooktop
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Covered patio or porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- Pearson Subdivision
Listing and Financial Details
- Tax Lot 290132107027000002
- Assessor Parcel Number 290132107027000002
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Dec 31, 2024
Sold by
Blocher Melissa and Gonzalez Melissa Jean
Bought by
Williams Micah and Williams Savannah
Seller's Agent
Chelsi Kitchen
Highgarden Real Estate
Buyer's Agent
Holly Martin
Keller Williams Indpls Metro N
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Total Days on Market
58
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,808
Avg. Annual Appreciation
6.55%
Original Mortgage
$218,500
Outstanding Balance
$217,942
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$18,866
Purchase Details
Listed on
Dec 1, 2015
Closed on
Mar 18, 2016
Sold by
Ilnman Shirley Ann
Bought by
Blocher Melissa
Seller's Agent
Rick Hogge
Keller Williams Indpls Metro N
Buyer's Agent
Bradley Gartenman
Main Street Realty, LLC.
List Price
$80,000
Sold Price
$80,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$78,551
Interest Rate
4.37%
Mortgage Type
FHA
Similar Homes in Sheridan, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $230,000 | Chicago Title | |
| Warranty Deed | -- | Hamilton National Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $218,500 | New Conventional | |
| Closed | $218,500 | New Conventional | |
| Previous Owner | $119,454 | FHA | |
| Previous Owner | $70,729 | FHA | |
| Previous Owner | $78,551 | FHA | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $15,000 | Unknown | |
| Previous Owner | $17,465 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $230,000 | -2.1% | $97 / Sq Ft |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $235,000 | +2.2% | $100 / Sq Ft |
| 10/01/2024 10/01/24 | Off Market | $230,000 | -- | -- |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $235,000 | +193.8% | $100 / Sq Ft |
| 03/18/2016 03/18/16 | Sold | $80,000 | 0.0% | $27 / Sq Ft |
| 03/05/2016 03/05/16 | Pending | -- | -- | -- |
| 01/08/2016 01/08/16 | Off Market | $80,000 | -- | -- |
| 12/01/2015 12/01/15 | For Sale | $80,000 | -- | $27 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $2,530 | $189,200 | $28,400 | $160,800 |
| 2023 | $2,555 | $183,400 | $28,400 | $155,000 |
| 2022 | $2,340 | $165,900 | $28,400 | $137,500 |
| 2021 | $2,174 | $154,100 | $28,400 | $125,700 |
| 2020 | $2,080 | $148,700 | $28,400 | $120,300 |
| 2019 | $2,158 | $153,000 | $11,900 | $141,100 |
| 2018 | $1,992 | $141,800 | $11,900 | $129,900 |
| 2017 | $1,720 | $126,900 | $11,900 | $115,000 |
| 2016 | $1,666 | $127,200 | $11,900 | $115,300 |
| 2014 | $697 | $115,100 | $20,100 | $95,000 |
| 2013 | $697 | $109,800 | $20,100 | $89,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chelsi Kitchen
C
Seller's Agent in 2024
Chelsi Kitchen
Highgarden Real Estate
1 in this area
42 Total Sales
-
Holly Martin
Buyer's Agent in 2024
Holly Martin
Keller Williams Indpls Metro N
(317) 354-7021
1 in this area
27 Total Sales
-
Mike Lyons
Buyer Co-Listing Agent in 2024
Mike Lyons
Keller Williams Indpls Metro N
(317) 697-1097
7 in this area
276 Total Sales
-
Rick Hogge
Seller's Agent in 2016
Rick Hogge
Keller Williams Indpls Metro N
(317) 445-6473
2 in this area
47 Total Sales
-
B
Buyer's Agent in 2016
Bradley Gartenman
Main Street Realty, LLC.
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22002545
APN: 29-01-32-107-027.000-002
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