NOT LISTED FOR SALE

502 N 7th St Petersburg, IN 47567

Estimated Value: $112,000 - $133,000

4 Beds
1 Bath
1,480 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $1 $0 Per Sq Ft

Est. 12,640,600% increase in value since last sale

Current estimated payment $781/month

2 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of June 2022

"AS IS, WHERE IS" 4 BEDROOM, 1 BATH W/ 2 CAR DETACHED GARAGE ON A LARGE LOT. This property is eligible under the Freddie Mac First Look Initiative through 06/26/2022 Freddie Mac First Look Initiative(FMFL) Freddie Mac offers homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This ongoing initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 30 days of listing without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence.

Last Agent to Sell the Property

Mary Roark

MIDWEST REALTY Listed on: 05/25/2022

Last Buyer's Agent

Melissa Heldt

MIDWEST REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 105x194
  • Rural Setting
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Shingle Siding
  • Metal Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Petersburg Elementary School
  • Pike Central Middle School
  • Pike Central High School

Listing and Financial Details

  • Assessor Parcel Number 63-02-27-405-028.000-012

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1918
  • Age: 104
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 012-00714-00 HAWTHORN ADD 105' PT 6
  • Parcel Number ID: 63-02-27-405-028.000-012
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 0.01
  • Year Taxes Payable: 2022
  • Special Features: 20
  • Stories: 1

Interior Features

  • Total Sq Ft: 1480
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1480
  • Basement Foundation: Crawl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 15x9, On Level: Main
  • Bedroom 2: Dimensions: 15x10, On Level: Main
  • Bedroom 3: Dimensions: 14x14, On Level: Main
  • Bedroom 4: Dimensions: 15x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Metal, Shingle
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x32
  • Garage Sq Ft: 832
  • Garage: Yes

Utilities

  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Pike County School Corp.
  • Elementary School: Petersburg
  • Middle School: Pike Central
  • High School: Pike Central
  • Elementary School: Petersburg

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 105X194
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47

Tax Info

  • Annual Taxes: 1043.66

MLS Schools

  • High School: Pike Central
  • Middle School: Pike Central
  • School District: Pike County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Lili A Dailey Lake City Bank Pers Rep
Bought by
Federal Home Loan Mortgage Corp
Current Estimated Value
$126,407
Source: Public Records

Range of Values:

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Average Value
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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
Federal Home Loan Mortgage Corp -- Title 365 Corporate
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $1 -100.0% $0 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $12,900 -- $9 / 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 $1,370 $67,200 $11,900 $55,300
2023 $1,294 $63,400 $11,400 $52,000
2022 $1,194 $58,400 $11,000 $47,400
2021 $1,044 $50,900 $10,600 $40,300
2020 $1,072 $52,300 $10,300 $42,000
2019 $1,052 $51,400 $10,100 $41,300
2018 $1,043 $50,900 $10,000 $40,900
2017 $1,027 $50,300 $9,800 $40,500
2016 $1,017 $49,800 $9,500 $40,300
2014 $959 $47,000 $8,700 $38,300
2013 -- $46,600 $8,700 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202220430

Indiana Regional MLS

APN: 63-02-27-405-028.000-012