$85,000
SOLD SEP 10, 2024

502 E Broadway St Loogootee, IN 47553

4 Beds
1 Bath
1,680 Sq Ft
0.71 Acres

Recently Sold

$51 Per Sq Ft

15% Below List Price

6 Days on Market

Highlights

  • 0.71 Acre Lot
  • Loogootee Junior/Senior High School Rated 9+
  • Central Air

About This Home

As of July 2025

AFFORDABLE home on east edge of the city. Close to all amenities, Crane and between Bloomington and Evansville. This home features 2 bedrooms on the main floor and there are two other bedroom upstairs. A full basement with walkout ad a deck off the back. This cottage-style home could be your home-sweet-home with a little TLC. Large lot is .71 acres and has highway frontage. Great investment property and could be a flippers favorite. Bank owned and being sold as is.

Last Agent to Sell the Property

Mary Norris

F.C. TUCKER EMGE Brokerage Phone: 812-482-1424 Listed on: 07/27/2024

F.C. TUCKER EMGE

Last Buyer's Agent

Barb Hays

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.71 Acre Lot
  • Property is zoned R-1 Single Family

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Loogootee Elementary And Middle School
  • Loogootee High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 51-08-24-400-099.000-008

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1939
  • Age: 85
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SE W 1/2 24-3-5 .705 AC
  • Parcel Number ID: 51-08-24-400-099.000-008
  • Platted: Yes
  • Cross Street: Hwy. 50 E
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Sp Lp Percent: 85.09
  • Year Taxes Payable: 2024
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Total Sq Ft: 2520
  • Total Finished Sq Ft: 1680
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Sq Ft: 840
  • Price Per Sq Ft: 50.6
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 840

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Shed, Dimensions: 8x14, 112

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Conventional
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 0.71 AC
  • Estimated Lot Sq Ft: 30710
  • Estimated Lot Size Acres: 0.71

Tax Info

  • Annual Taxes: 2355

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
Jul 27, 2024
Closed on
Sep 10, 2024
Sold by
Springs Valley Bank & Trust Co
Bought by
Strange Neil and Strange Emily
Seller's Agent
Mary Norris
F.C. TUCKER EMGE
Buyer's Agent
Barb Hays
F.C. TUCKER EMGE
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.40%
Original Mortgage
$85,000
Outstanding Balance
$36,111
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$140,501

Purchase Details

Closed on
May 21, 2024
Sold by
Martin County Cooperative Cu
Bought by
Springs Valley Bank & Trust

Purchase Details

Closed on
Dec 16, 2021
Sold by
Wathen Timothy A
Bought by
Taylor Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
2.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2012
Sold by
Sr
Bought by
Taylor Mark and Taylor Dawn
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $85,000 None Listed On Document
Sheriffs Deed $171,107 None Listed On Document
Warranty Deed -- Hatfield & Peters Llc
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Construction
Previous Owner $243,000 Credit Line Revolving
Previous Owner $70,253 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $179,000 0.0% $107 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
02/23/2025 02/23/25 Price Changed $179,000 -3.2% $107 / Sq Ft
01/22/2025 01/22/25 Price Changed $185,000 -7.0% $110 / Sq Ft
12/20/2024 12/20/24 Price Changed $199,000 -2.9% $118 / Sq Ft
12/12/2024 12/12/24 Price Changed $205,000 -6.8% $122 / Sq Ft
12/07/2024 12/07/24 For Sale $220,000 +158.8% $131 / Sq Ft
09/10/2024 09/10/24 Sold $85,000 -14.9% $51 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $99,900 -- $59 / 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 $2,564 $127,000 $22,000 $105,000
2023 $2,564 $117,700 $21,300 $96,400
2022 $2,225 $111,200 $20,500 $90,700
2021 $1,995 $98,400 $19,500 $78,900
2020 $1,907 $94,000 $19,000 $75,000
2019 $1,866 $90,800 $18,400 $72,400
2018 $1,844 $90,900 $18,100 $72,800
2017 $1,825 $88,500 $17,600 $70,900
2016 $1,762 $86,800 $17,200 $69,600
2014 $1,689 $83,200 $17,000 $66,200
2013 -- $80,500 $17,000 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202428377

Indiana Regional MLS

APN: 51-08-24-400-099.000-008