NOT LISTED FOR SALE

5044 State Road 38 Richmond, IN 47374

Estimated Value: $64,000 - $272,000

4 Beds
2 Baths
2,424 Sq Ft
$65/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $260,000 $107 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $862/month

3 Days on Market

Highlights

  • First Floor Utility Room
  • 2 Car Attached Garage
  • Living Room
  • Porch
  • Patio
  • Home Security System

About This Home

As of November 2022

Stately Historic Farm house. This lovely home has stood the test of time and has received some lovely updates through out its life time. Now it's time for the next generation to step up and be part of this beautiful homes history. The kitchen has been updated with a granite island, and custom cabinetry. It has a huge living room with arched doorways, oak flooring, and wood burning fire place. You'll enjoy having the Laundry/Mudroom on main level plus a full bath. Upstairs 4 large bedrooms with deep closet, hardwood floors, and large family bath, with soaking tub and stand up shower. The basement has rec room with fire place and lots of storage. You'll enjoy the comfort of an electric heat pump, with pro-pain back up at zero degrees. All vinyl replacement windows and doors. Lots to see and talk about, call Rhonda or Marc Duning at 765-967-7466 today.

Last Agent to Sell the Property

Rhonda Duning

Coldwell Banker Lingle License #RB14041650 Listed on: 10/18/2022

Coldwell Banker Lingle

Co-Listed By

Marc Duning

Coldwell Banker Lingle License #RB14041676

Last Buyer's Agent

Rhonda Duning

Coldwell Banker Lingle License #RB14041650 Listed on: 10/18/2022

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6

Year Built

  • Built in 1880

Lot Details

  • 4.08 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Home Security System
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Northeastern Elementary And Middle School
  • Northeastern High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6

Year Built

Built in 1880

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 5044 STATE ROUTE 38
  • Second Address Number: 5044
  • Estimated Year Built: 1880
  • Average Monthly Electric: $250
  • Estimated Size Bathroom 1: 7X9.5
  • Bathroom 1 Comments: NEWER
  • Estimated Size Bathroom 2: 7.8X15
  • Bathroom 2 Comments: SOAKING TUB/SHOWER
  • Estimated Size Bedroom 1: 12.3X13.8
  • Bedroom 1 Comments: HARDWOOD FLOORS
  • Estimated Dining Room Size: 10.7X20.6
  • Dining Room Comments: NEW FLOORING
  • Dining Rm Level: M
  • E X E M P T: Homestead Credit, Mortgage
  • Family Room Estimated Size: 15.2X23
  • Family Rm Comments: REC ROOM
  • Family Room Level: L
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 5044 State Road 38
  • Geo Longitude: -84.972113
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 15.6X25.8
  • Living Rm Comments: WOOD BURNING FIREPLACE
  • Living Rm Level: M
  • Other Rm1 Approx Size: 7.8X9.9
  • Other Rm1 Comments: BREAKFAST ROOM
  • Other Rm1 Level: M
  • Other Rm2 Approx Size: 6.3X12.5
  • Other Rm2 Comments: MUDROOM
  • Other Rm2 Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Tax Dup Number: 017-00520-06
  • Taxes Half: $898.48
  • Estimated Utility Room Size: 5X9.5
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances Included: Dishwasher, Range-Electric, Refrigerator
  • Total Number Rooms: 8
  • Bedroom 1 Level: U
  • Bedroom 2 Comments: HARDWOOD FLOORS
  • Bedroom 3 Comments: HARDWOOD FLOORS
  • Bedroom 4 Comments: HARDWOOD FLOORS
  • Bathroom 1 Level: M
  • Bathroom 2 Level: U
  • Primary Bathroom: No
  • Kitchen Comments: LARGE ISLAND
  • Amenities: Security System
  • Has Basement: Yes
  • Basement Percentage Finished: 0%
  • Estimated Size Bedroom 2: 12.5X16.2
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 11.7X12.6
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 11.4X11.8
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Wood Burning
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 13.6X15
  • Price Per S Q F T: 107.26
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Wood
  • Porch/Deck Type: Patio, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Asphalt, Rolled

Garage/Parking

  • Driveway: ASP/GRAV
  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Duke Energy
  • Gas Company: Other
  • Heat Type: Electric, Heat Pump, Propane
  • Sewer: Septic
  • Hot Water: Well
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Northeastern
  • Middle School: Northeastern
  • High School: Northeastern
  • Elementary School: Northeastern
  • High School: Northeastern
  • Middle School: Northeastern

Lot Info

  • Geo Update Timestamp: 2022-10-18
  • Estimated Number Acres: 4.08
  • Land Contract: No
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 16, 2022
Sold by
Truesdell Matthew
Bought by
Mitchell Michael Alan and Mitchell Kara Leigh
Seller's Agent
Rhonda Duning
Coldwell Banker Lingle
Buyer's Agent
Rhonda Duning
Coldwell Banker Lingle
List Price
$264,500
Sold Price
$260,000
Premium/Discount to List
-$4,500
-1.7%
Current Estimated Value
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,000
Avg. Annual Appreciation
-5.26%
Original Mortgage
$231,400
Outstanding Balance
$225,370
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,370

Purchase Details

Closed on
Nov 22, 2019
Sold by
Truesdell Matthew R and Truesdell Lindsay R
Bought by
Truesdell Matthew

Purchase Details

Closed on
May 15, 2007
Sold by
Horstman Thomas and Horstman Paula
Bought by
Presley Barry L and Presley Samantha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2006
Sold by
Fisher Ephraim Z and Fisher Mary B
Bought by
Horstman Thomas and Horstman Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 10, 2006
Sold by
Fisher Rachal F
Bought by
Fisher Ephraim Z and Fisher Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2005
Sold by
Wyatt W H and Wyatt Genevieve
Bought by
Fisher Benjamin K and Fisher Rachel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,141
Interest Rate
5.98%
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
Mitchell Michael Alan -- --
Truesdell Matthew -- None Available
Presley Barry L -- --
Presley Barry L -- --
Horstman Thomas -- --
Fisher Ephraim Z -- --
Fisher Benjamin K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Michael Alan $231,400
Previous Owner Presley Barry L $149,000
Previous Owner Horstman Thomas $103,950
Previous Owner Fisher Ephraim Z $236,144
Previous Owner Fisher Benjamin K $225,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $260,000 -1.7% $107 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $264,500 +74.0% $109 / Sq Ft
09/29/2014 09/29/14 Sold $152,000 -7.8% $63 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $164,900 -- $68 / Sq Ft
Source: Richmond Association of REALTORS®

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 $6 $300 $300 $0
2023 $7 $300 $300 $0
2022 $5 $200 $200 $0
2021 $5 $200 $200 $0
2020 $5 $200 $200 $0
2019 $5 $200 $200 $0
2018 $0 $0 $0 $0
2017 $5 $200 $200 $0
2016 $5 $200 $200 $0
2014 $4 $200 $200 $0
2013 $4 $200 $200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10045109

APN: 89-07-33-000-101.000-032