NOT LISTED FOR SALE

5035 Indiana 218 Poneto, IN 46781

Estimated Value: $199,000 - $251,000

3 Beds
2 Baths
1,464 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $220,000 $150 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,326/month

141 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Covered Patio or Porch
  • Traditional Architecture
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of April 2024

Remodeled 3-bedroom, 2-bathroom home boasting almost 1,500 sq. ft. of living space. Situated on a 2.62-acre corner lot within the Southern Wells School district, this property has lots of space and opportunity. Step into the home, where a spacious oak kitchen takes center stage, complete with a generous workspace island. The seamless flow between the kitchen and the dining area creates an inviting open-concept design, connecting to the family room. This home comes with amenities, including kitchen appliances that will stay with the property, a recent furnace, and central air. A 13x30 basement provides ample storage and workspace. Additionally, there is a pin frame barn that offers limitless possibilities, whether you have livestock, hobbies, or need extra car storage. A second garage measuring 16x23 provides even more convenience and space for your vehicles or projects. For those with livestock, the farm fence behind the barn is already in place, simplifying your setup. Located on a paved road within the Southern Wells School district, this property combines country living with the convenience of nearby schools and amenities. The seller reserves and will remove the fence and posts enclosing the side yard. (pre-owned appliances are not warranted)

Last Agent to Sell the Property

Jody Holloway

Coldwell Banker Holloway Brokerage Phone: 260-273-0999 Listed on: 11/01/2023

Coldwell Banker Holloway

Last Buyer's Agent

Joni Donaghy-Myers

Coldwell Banker Holloway

Coldwell Banker Holloway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1932

Lot Details

  • 2.62 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Shingle Siding
  • Cement Board or Planked

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Partially Finished Basement
  • Sump Pump
  • Storage In Attic

Kitchen

  • Electric Oven or Range
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Schools

  • Southern Wells Elementary And Middle School
  • Southern Wells High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Livestock Fence

Listing and Financial Details

  • Assessor Parcel Number 90-09-31-400-002.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$947

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1932
  • Age: 92
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 31-26-11 2.62 acres
  • Parcel Number ID: 90-09-31-400-002.000-013
  • Platted: Yes
  • Amenities: Attic Storage, Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Main Floor Laundry, Sump Pump
  • Location: Rural
  • Sp Lp Percent: 91.67
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1854
  • Total Finished Sq Ft: 1464
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 390
  • Price Per Sq Ft: 150.27
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Bedroom 1: Dimensions: 11x13, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 390

Exterior Features

  • Exterior: Shingle, Cement Board
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 50x30
  • Fence: Farm
  • Outbuilding2: Outbuilding, Dimensions: 23x16, 368

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 29x21
  • Garage Sq Ft: 609
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 9
  • Well Type: Private

Schools

  • School District: Southern Wells Community
  • Elementary School: Southern Wells
  • Middle School: Southern Wells
  • High School: Southern Wells
  • Elementary School: Southern Wells

Lot Info

  • Lot Description: Corner, Level
  • Estimated Lot Sq Ft: 114127
  • Estimated Lot Size Acres: 2.62

Tax Info

  • Annual Taxes: 947
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Southern Wells
  • Middle School: Southern Wells
  • School District: Southern Wells Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Apr 18, 2024
Sold by
Hemmelgarn Eric David and Hemmelgarn Sara Elizabeth
Bought by
Pugh Jeffrey M and Pugh Jenny L
Seller's Agent
Jody Holloway
Coldwell Banker Holloway
Buyer's Agent
Joni Donaghy-Myers
Coldwell Banker Holloway
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Views
160
Current Estimated Value
$227,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,003
Avg. Annual Appreciation
1.67%
Original Mortgage
$209,000
Outstanding Balance
$206,261
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$18,706

Purchase Details

Closed on
Nov 14, 2018
Sold by
Mounsey Lau Claudia S
Bought by
Hemmelgarn Eric David and Hemmelgarn Sara Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1994
Sold by
Mary Chalfant Hilda
Bought by
Not Provided
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
Pugh Jeffrey M $220,000 Metropolitan Title
Hemmelgarn Eric David -- None Available
Not Provided $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugh Jeffrey M $209,000
Previous Owner Hemmelgarn Eric David $12,000
Previous Owner Hemmelgarn Eric David $106,400
Previous Owner Hemmelgarn Eric David $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $220,000 -8.3% $150 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $240,000 -2.0% $164 / Sq Ft
02/01/2024 02/01/24 For Sale $245,000 0.0% $167 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $245,000 -- $167 / 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 $1,085 $213,800 $45,600 $168,200
2023 $920 $196,800 $45,500 $151,300
2022 $890 $185,100 $32,500 $152,600
2021 $605 $132,300 $32,400 $99,900
2020 $519 $123,400 $19,500 $103,900
2019 $516 $116,700 $19,600 $97,100
2018 $503 $117,900 $18,500 $99,400
2017 $1,173 $121,200 $23,000 $98,200
2016 $936 $104,700 $19,800 $84,900
2014 $860 $98,100 $18,100 $80,000
2013 $856 $99,000 $18,100 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202340333

Indiana Regional MLS

APN: 90-09-31-400-002.000-013