NOT LISTED FOR SALE

502 Main St Michigantown, IN 46057

Estimated Value: $175,000 - $234,000

3 Beds
1.5 Baths
2,120 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $25,000 $12 Per Sq Ft

Est. 694% increase in value since last sale

Current estimated payment $1,084/month

74 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

As of November 2018

24HR notice needed. 3 bedroom 1.5 bath home in Michigantown. .83 acres including extra lot. Nice size living room and kitchen. Newer well. Property is being sold "As Is" and is presently rented.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.83 Acre Lot
  • Level Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 12-07-27-228-003.000-011

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 118
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE NE 27-22-1E .493A & PT E NE 27-22-1E .340A |
  • Parcel Number ID: 12-07-27-228-003.000-011
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Porch Covered, Porch Open
  • Location: City/Town/Suburb
  • Parcel Id2: 120727229001000011
  • Sp Lp Percent: 86.21
  • Special Features: None

Interior Features

  • Total Sq Ft: 2336
  • Total Finished Sq Ft: 2120
  • Above Grade Finished Sq Ft: 2120
  • Below Grade Sq Ft: 216
  • Price Per Sq Ft: 11.79
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 21x16, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 17x9, On Level: Upper
  • Bedroom 3: Dimensions: 17x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 216

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx15, On Level: 12
  • Well Type: Private

Schools

  • School District: Clinton Central School Corp.
  • Elementary School: Clinton Central
  • Middle School: Clinton Central
  • High School: Clinton Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .83 acre
  • Estimated Lot Sq Ft: 36155
  • Estimated Lot Size Acres: 0.83

Tax Info

  • Annual Taxes: 1558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Lewis Timmy J and Lewis Jaiden
Bought by
Lewis Timmy J
Current Estimated Value
$198,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2020
Sold by
Lewis Timmy J and Lewis Jaiden
Bought by
Lewis Timmy J and Kingma Kristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 19, 2018
Sold by
Alison Beaudry Llc
Bought by
Lewis Timmy J
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.73%

Purchase Details

Closed on
Jan 12, 2011
Sold by
Mccarty Richard M and Mccarty Donald K
Bought by
Wagoner Scott

Purchase Details

Closed on
Aug 2, 1996
Sold by
Miller William G and Morris Eglehoff Morris
Bought by
Pletch Jay W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Timmy J -- None Listed On Document
Lewis Timmy J -- Mtc
Lewis Timmy J $25,000 --
Wagoner Scott $10,000 Carroll Title Services
Pletch Jay W $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Timmy J $68,000
Previous Owner Lewis Timmy J $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $25,000 -13.8% $12 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $29,000 -27.3% $14 / Sq Ft
08/07/2018 08/07/18 For Sale $39,900 -- $19 / 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 $532 $80,800 $20,300 $60,500
2023 $527 $80,800 $20,300 $60,500
2022 $386 $75,300 $20,300 $55,000
2021 $356 $70,900 $20,300 $50,600
2020 $435 $70,900 $20,300 $50,600
2019 $397 $70,900 $20,300 $50,600
2018 $382 $69,300 $20,300 $49,000
2017 $1,425 $68,900 $20,500 $48,400
2016 $1,217 $65,700 $20,500 $45,200
2014 $1,128 $66,300 $20,500 $45,800
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201835627

Indiana Regional MLS

APN: 12-07-27-228-003.000-011

Indiana Clinton County Michigantown 46057

502 Main St, Michigantown, IN

This home is located at 502 Main St, Michigantown, IN 46057 since 07 August 2018 and is currently estimated at $198,466, approximately $93 per square foot. This property was built in 1900. 502 Main St is a home located in Clinton County with nearby schools including Clinton Central Elementary School and Clinton Central 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.

Nearby Homes