NOT LISTED FOR SALE

505 N Harris St Bourbon, IN 46504

Estimated Value: $121,000 - $193,000

3 Beds
1 Bath
1,768 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $42,000 $24 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $909/month

100 Days on Market

Highlights

  • Covered Patio or Porch
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating and Cooling System
  • Energy-Efficient Windows
  • 5-minute walk to Bourbon Park

About This Home

As of March 2014

Immediate in-town charmer on a large lot in a convenient location near the elementary school and downtown Bourbon. Covered 8x20 front porch, vinyl siding, insulated windows, spacious living room with hardwood floor, main level master bedroom, formal dining room, remodeled bathroom, upper level landing could be computer room, modern breaker box, partial basement for mechanicals and storage, city water & sewer. Enjoy payments cheaper than rent! This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 10/15/2013

Last Buyer's Agent

David Blackwell

Blackwell Real Estate Listed on: 10/15/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1885

Lot Details

  • 10,836 Sq Ft Lot
  • Lot Dimensions are 86x126
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Partially Finished Basement
  • Block Basement Construction
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 503419101064000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1885
  • Style: One and Half Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Thayers 2nd Add Lot 18
  • Parcel Number ID: 503419101064000002
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Porch Covered
  • Cross Street: E Liberty Avenue
  • Grid: 110 Marshall Co.
  • Location: City/Town/Suburb
  • State Id: 0130025400
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2102
  • Total Finished Sq Ft: 1768
  • Above Grade Finished Sq Ft: 1768
  • Below Grade Sq Ft: 334
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 11x9, On Level: Main
  • Bedroom 2: Dimensions: 19x14, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Other Room1: Mudroom, Dimensions: 7x8
  • Main Level Sq Ft: 1100
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 334

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None, Dimensions: 8x8

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: 7xMain, On Level: 14

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 86x126
  • Estimated Lot Sq Ft: 10836
  • Estimated Lot Size Acres: 0.248
  • Zoning: R - 1 - Single Family

Green Features

  • Energy Efficient: Windows
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 395.56
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Mar 21, 2014
Sold by
Fannie Mae
Bought by
Chilton Robert L
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
David Blackwell
Blackwell Real Estate
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%
Current Estimated Value
$163,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,146
Avg. Annual Appreciation
12.22%
Original Mortgage
$39,900
Outstanding Balance
$30,243
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$132,903

Purchase Details

Closed on
Aug 8, 2013
Sold by
Barham Roy and Barham Vickey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 30, 2006
Sold by
Martin Franklyn and Martin Melissa
Bought by
Barham Roy and Barham Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1999
Sold by
Jerry Faulkner
Bought by
Martin Frank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chilton Robert L -- Meridian Title Corp
Federal National Mortgage Association -- None Available
Barham Roy -- Metropolitan Title In Llc
Martin Frank $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilton Robert L $39,900
Previous Owner Barham Roy $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $42,000 -15.8% $24 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $49,900 -- $28 / 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 $622 $86,400 $21,100 $65,300
2022 $622 $80,000 $19,500 $60,500
2021 $429 $67,600 $15,600 $52,000
2020 $429 $58,700 $14,500 $44,200
2019 $421 $57,200 $14,200 $43,000
2018 $401 $55,000 $13,600 $41,400
2017 $358 $52,700 $13,200 $39,500
2016 $290 $47,900 $13,200 $34,700
2014 $396 $58,900 $12,700 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201315420

Indiana Regional MLS

APN: 50-34-19-101-064.000-002