NOT LISTED FOR SALE

501 E Main St Loogootee, IN 47553

Estimated Value: $327,000 - $460,000

4 Beds
3 Baths
4,196 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $370,000 $88 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,289/month

299 Days on Market

Highlights

  • 1.18 Acre Lot
  • Wood Flooring
  • Corner Lot
  • Loogootee Junior/Senior High School Rated 9+
  • 4 Fireplaces
  • 5-minute walk to West Boggs Park

About This Home

As of July 2024

This stately brick home featuring 4 bedrooms & 3 full bathrooms is the perfect blend of historic character and modern comfort. The welcoming foyer & diagonal floors invite you into this well-built classic home featuring pocket doors, crown molding, high ceilings, built-ins, original doors, multiple window seats, & a lot of square footage. The main level features 2 parlors, family room, full bath, renovated kitchen with exposed brick, quartz counters, appliances, formal dining, sunporch, & laundry room. Make your way to the upper level from the formal stairway or the Butler staircase to the 4 bedrooms & 2 full baths. The primary suite features a fireplace, renovated bath with marble floors & walk-in shower, dual sinks, & coffee bar. The 3 additional bedrooms also feature high ceilings & lots of character. The 2nd upper full bath has also been tastefully renovated with shiplap walls & original clawfoot tub & water closet. This home also has a breezeway connecting to the 2 car attached garage, plenty of space to entertain outdoors with a nice patio, firepit, & spacious corner lot. You will appreciate the classic details with modern conveniences.

Last Agent to Sell the Property

Anna Lou Chapman

RE/MAX Elite Brokerage Email: hpierce@remax.net Listed on: 08/09/2023

RE/MAX Elite

Last Buyer's Agent

Chelsea Kieffner

CK Realty Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1865

Lot Details

  • 1.18 Acre Lot
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 4 Fireplaces
  • Electric Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Formal Dining Room
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Loogootee Elementary And Middle School
  • Loogootee High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 51-06-24-100-294.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,137

Year Built

Built in 1865

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1865
  • Age: 159
  • Style: Two Story
  • Total Number of Rooms: 15
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Original Plat Lots 58 & 59
  • Parcel Number ID: 51-06-24-100-294.000-008
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-9+, Ceiling Fan(s), Countertops-Stone, Crown Molding, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Natural Woodwork, Pocket Doors, Porch Open, Range/Oven Hook Up Gas, Stand Up Shower, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.73
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5060
  • Total Finished Sq Ft: 4196
  • Above Grade Finished Sq Ft: 4196
  • Below Grade Sq Ft: 864
  • Price Per Sq Ft: 88.18
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Number Of Fireplaces: 4
  • Fireplace: Electric
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Stone
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 18x17, On Level: Upper
  • Bedroom 3: Dimensions: 12x16, On Level: Upper
  • Bedroom 4: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 864

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Loogootee Community S.D.
  • Elementary School: Loogootee
  • Middle School: Loogootee
  • High School: Loogootee
  • Elementary School: Loogootee

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Estimated Lot Sq Ft: 51401
  • Estimated Lot Size Acres: 1.18

Tax Info

  • Annual Taxes: 2136.68

MLS Schools

  • High School: Loogootee
  • Middle School: Loogootee
  • School District: Loogootee Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Jul 2, 2024
Sold by
Smith Bernard F and Smith Mary Ann
Bought by
Paredes Serrano Joseph and Pare Serrano Melissa Allison
Seller's Agent
Anna Lou Chapman
RE/MAX Elite
Buyer's Agent
Chelsea Kieffner
CK Realty Homes
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
397
Current Estimated Value
$374,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,435
Avg. Annual Appreciation
1.21%
Original Mortgage
$314,500
Outstanding Balance
$312,097
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$62,338
Source: Public Records

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Range of Values:

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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
Paredes Serrano Joseph $370,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Serrano Joseph $314,500
Previous Owner Smith Bernard F $18,000
Previous Owner Smith Bernard F $50,000
Previous Owner Smith Bernard F $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $370,000 -7.3% $88 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
11/01/2023 11/01/23 Price Changed $399,000 -6.1% $95 / Sq Ft
08/09/2023 08/09/23 For Sale $425,000 -- $101 / 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 $2,531 $287,100 $13,700 $273,400
2023 $2,531 $263,400 $13,200 $250,200
2022 $2,113 $248,600 $13,000 $235,600
2021 $2,044 $217,100 $12,600 $204,500
2020 $1,829 $206,600 $12,200 $194,400
2019 $1,620 $191,000 $11,900 $179,100
2018 $1,558 $187,600 $11,700 $175,900
2017 $1,331 $176,100 $11,300 $164,800
2016 $1,233 $172,800 $11,100 $161,700
2014 $1,024 $159,300 $11,100 $148,200
2013 -- $152,900 $11,100 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Anna Lou Chapman

    Seller's Agent in 2024

    Anna Lou Chapman

    RE/MAX

    (812) 486-6031

    3 in this area

    182 Total Sales

    Anna Lou Chapman
    Section Image
  • Chelsea Kieffner

    Buyer's Agent in 2024

    Chelsea Kieffner

    CK Realty Homes

    (812) 322-5818

    2 in this area

    174 Total Sales

    Chelsea Kieffner
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202328731

Indiana Regional MLS

APN: 51-08-24-100-294.000-008

Indiana Martin County Loogootee 47553

501 E Main St, Loogootee, IN

This home is located at 501 E Main St, Loogootee, IN 47553 since 09 August 2023 and is currently estimated at $374,435, approximately $89 per square foot. This property was built in 1865. 501 E Main St is a home located in Martin County with nearby schools including Loogootee Elementary School, Loogootee Middle School, and Loogootee 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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