NOT LISTED FOR SALE

5035 W State Road 218 Poneto, IN 46781

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

3 Beds
1 Bath
1,471 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $90,000 $61 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,326/month

48 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2018

Southern wells county home on 2 acres with 1,471 square feet of living space. Features 3 bedrooms, large eat-in kitchen with modern cabinets and oversized first floor bathroom. Situated over a partial basement, with a covered 8' x 16' rear porch. Outbuildings consist of 1 car detached garage, 30' x 68' pinframe barn with red steel siding, and a well house. The barn is in great shape and is divided into different storage areas. This property is available for immediate possession on final closing. This home needs some work, but paint and new flooring would go a long way!

Last Agent to Sell the Property

Jody Holloway

Coldwell Banker Holloway Listed on: 08/30/2018

Coldwell Banker Holloway

Last Buyer's Agent

Jody Holloway

Coldwell Banker Holloway Listed on: 08/30/2018

Coldwell Banker Holloway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1932

Lot Details

  • 2 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Poured Concrete

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Laundry on main level
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,173

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1932
  • Age: 86
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt Sec 31-26-12 containing 2 acres |
  • Parcel Number ID: 90-09-31-400-002.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Eat-In Kitchen, Porch Covered, Tub and Separate Shower, Main Floor Laundry
  • Location: Rural
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 94.74
  • Special Features: None

Interior Features

  • Total Sq Ft: 1861
  • Total Finished Sq Ft: 1471
  • Above Grade Finished Sq Ft: 1471
  • Below Grade Sq Ft: 390
  • Price Per Sq Ft: 61.18
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 14x15, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 10x15, On Level: Main
  • Bedroom 2: Dimensions: 17x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Main Level Sq Ft: 1044
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 390

Exterior Features

  • Outbuilding1: Barn, Dimensions: 30x68

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x23
  • Garage Sq Ft: 368
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 5
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 2 acres
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Hemmelgarn Eric David and Hemmelgarn Sara Elizabeth
Bought by
Pugh Jeffrey M and Pugh Jenny L
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.
Original Mortgage
$209,000
Outstanding Balance
$206,261
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$18,706

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 14, 2018
Sold by
Mounsey Lau Claudia S
Bought by
Hemmelgarn Eric David and Hemmelgarn Sara Elizabeth
Seller's Agent
Jody Holloway
Coldwell Banker Holloway
Buyer's Agent
Jody Holloway
Coldwell Banker Holloway
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
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
11/21/2018 11/21/18 Sold $90,000 -5.3% $61 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $95,000 -- $65 / 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

  • Jody Holloway

    Seller's Agent in 2018

    Jody Holloway

    Coldwell Banker Holloway

    (260) 273-0999

    202 Total Sales

    Jody Holloway
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Map

Source: Indiana Regional MLS

MLS Number: 201839536

Indiana Regional MLS

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

Indiana Wells County Poneto 46781

5035 W State Road 218, Poneto, IN

This home is located at 5035 W State Road 218, Poneto, IN 46781 since 30 August 2018 and is currently estimated at $227,003, approximately $154 per square foot. This property was built in 1932. 5035 W State Road 218 is a home located in Wells County with nearby schools including Southern Wells Elementary School and Southern Wells 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.

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