NOT LISTED FOR SALE

501 S Lee St Garrett, IN 46738

Estimated Value: $105,000 - $160,000

3 Beds
1 Bath
968 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $32,500 $34 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $744/month

106 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • Wood Siding

About This Home

As of November 2019

New flooring throughout the house. The kitchen and bathroom have new linoleum flooring. New carpeting in the living room and bed rooms. The interior has a fresh coat of paint. There is a front porch, deck off of the back door and the yard is fenced with a wood privacy fence. The furnace and water heater are not very old. The roof is about 9 years old. Own a house for much less than renting or get yourself an investment property for income. In today's market, it's pretty difficult right now to find a clean house that can be moved into at this price. *** House square feet and lot size are are taken from public records, buyer should verify. Room dimensions are an approximation. House is sold As-Is. An As-Is addendum must be included with any purchase agreement.***

Last Agent to Sell the Property

Jason Pence

Coldwell Banker Real Estate Group Listed on: 06/25/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Scott Pfeiffer

Castle One Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189

Year Built

  • Built in 1930

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30' x 125'
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Heating System Uses Gas

Community Details

  • Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-09-03-162-001.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$189

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: KEY ADD LOT 1 BLOCK 71
  • Parcel Number ID: 17-09-03-162-001.000-013
  • Platted: Yes
  • Cross Street: E Dennis St
  • Inside City Limits: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1936
  • Total Finished Sq Ft: 968
  • Above Grade Finished Sq Ft: 968
  • Below Grade Sq Ft: 968
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: On Level: Main
  • Breakfast Room: Dimensions: 10x14
  • Bedroom 1: Dimensions: 9x13, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 968

Exterior Features

  • Exterior: Brick, Vinyl, Wood
  • Outbuilding1: Shed, Dimensions: 10x12

Utilities

  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 8

Schools

  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 30' x 125'
  • Estimated Lot Sq Ft: 3751
  • Estimated Lot Size Acres: 0.0861
  • Lot Number: 1

Tax Info

  • Annual Taxes: 189

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Nov 15, 2019
Sold by
Garman James C
Bought by
Pfeiffer Scott A
Seller's Agent
Jason Pence
Coldwell Banker Real Estate Group
Buyer's Agent
Scott Pfeiffer
Castle One Realty, Inc.
List Price
$47,500
Sold Price
$32,500
Premium/Discount to List
-$15,000
-31.58%
Current Estimated Value
$135,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,203
Avg. Annual Appreciation
27.15%
Original Mortgage
$32,000
Outstanding Balance
$28,095
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,608

Purchase Details

Closed on
Jun 22, 2009
Sold by
Garman James C
Bought by
Montgomery Virgil L

Purchase Details

Closed on
Apr 9, 2001
Sold by
Crager David L
Bought by
Garman James C and Garman Ginger M
Source: Public Records

Range of Values:

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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
Pfeiffer Scott A -- None Available
Montgomery Virgil L $32,900 J Bryan Nugen Attorney At La
Garman James C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeiffer Scott A $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $32,500 -23.5% $34 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $42,500 -10.5% $44 / Sq Ft
06/25/2019 06/25/19 For Sale $47,500 -- $49 / 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 $371 $78,400 $18,000 $60,400
2023 $370 $76,900 $17,500 $59,400
2022 $336 $70,400 $15,800 $54,600
2021 $270 $58,100 $14,000 $44,100
2020 $1,080 $53,100 $11,600 $41,500
2019 $249 $53,100 $11,600 $41,500
2018 $194 $41,000 $10,100 $30,900
2017 $200 $40,500 $10,100 $30,400
2016 $200 $40,200 $10,100 $30,100
2014 $176 $37,900 $10,100 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201926517

Indiana Regional MLS

APN: 17-09-03-162-001.000-013