NOT LISTED FOR SALE

503 N Main St Bourbon, IN 46504

Estimated Value: $113,000 - $167,707

3 Beds
1 Bath
1,580 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $92,500 $59 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $900/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Carpet
  • 1 Car Detached Garage
  • Wood Siding

About This Home

As of April 2020

Great location in Bourbon on Main Street. Home has new carpet, new paint, some new doors on upper floor, and new garage door. Features include pocket doors on main floor bedroom, nice sized backyard, refrigerator & stove included, and a one car detached garage.

Last Agent to Sell the Property

ERIKA LEMAN

RE/MAX Aspire Listed on: 02/29/2020

RE/MAX Aspire

Last Buyer's Agent

Karen Benner

Listing Leaders, NCI-Plymouth

Listing Leaders, NCI-Plymouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 74x123

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,580 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Schools

  • Triton Elementary And Middle School
  • Triton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 50-33-24-202-074.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1925
  • Age: 95
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: BOLEYS 2ND ADD EX S 12' LOT 17
  • Parcel Number ID: 50-33-24-202-074.000-002
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.59
  • Year Taxes Payable: 19/20
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1580
  • Total Finished Sq Ft: 1580
  • Above Grade Finished Sq Ft: 1580
  • Price Per Sq Ft: 58.54
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x21, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Dining Room: Dimensions: 10x13, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 9x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x23
  • Garage Sq Ft: 506
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO

Schools

  • School District: Triton School Corporation
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton
  • Elementary School: Triton

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 74X123
  • Estimated Lot Sq Ft: 8712
  • Estimated Lot Size Acres: 0.2

Tax Info

  • Annual Taxes: 540
  • Exemptions: Homestead

MLS Schools

  • High School: Triton
  • Middle School: Triton
  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Apr 13, 2020
Sold by
Leman Michael
Bought by
Hudson Ericka R
Seller's Agent
ERIKA LEMAN
RE/MAX Aspire
Buyer's Agent
Karen Benner
Listing Leaders, NCI-Plymouth
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%
Current Estimated Value
$146,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,677
Avg. Annual Appreciation
9.28%
Original Mortgage
$93,434
Outstanding Balance
$83,517
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$63,339

Purchase Details

Listed on
Feb 29, 2020
Closed on
Mar 5, 2020
Sold by
Heston Ricky
Bought by
Leman Michael
Seller's Agent
ERIKA LEMAN
RE/MAX Aspire
Buyer's Agent
Karen Benner
Listing Leaders, NCI-Plymouth
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,434
Outstanding Balance
$83,517
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$63,339

Purchase Details

Closed on
Mar 6, 2015
Sold by
Leman Michael A
Bought by
Heston Ricky

Purchase Details

Closed on
Mar 2, 2015
Sold by
Leman Michael A
Bought by
Heston Ricky

Purchase Details

Listed on
Apr 23, 2014
Closed on
Sep 25, 2014
Sold by
Rhodes Kathryn J
Bought by
Leman Michael
Seller's Agent
Brian Peterson
Brian Peterson Real Estate
Buyer's Agent
AMANDA HARRISON
COLLINS and CO. REALTORS - LAKEVILLE
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Sep 26, 2012
Sold by
Ely Dorothy J and Beeson Larry D
Bought by
Rhodes Kathryn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hudson Ericka R -- Mtc
Leman Michael -- None Available
Heston Ricky -- None Available
Heston Ricky $63,000 --
Leman Michael -- None Available
Rhodes Kathryn J -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Ericka R $93,434
Previous Owner Rhodes Kathryn J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $92,500 -7.4% $59 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $99,900 +59.8% $63 / Sq Ft
09/25/2014 09/25/14 Sold $62,500 -10.6% $40 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $69,900 -- $44 / 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 $1,073 $113,800 $17,800 $96,000
2022 $1,049 $105,300 $16,400 $88,900
2021 $848 $89,400 $13,200 $76,200
2020 $550 $73,100 $12,300 $60,800
2019 $540 $71,200 $12,000 $59,200
2018 $514 $68,400 $11,500 $56,900
2017 $462 $65,500 $11,100 $54,400
2016 $450 $65,500 $11,100 $54,400
2014 $394 $59,500 $10,700 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202007713

Indiana Regional MLS

APN: 50-33-24-202-074.000-002