NOT LISTED FOR SALE

506 E 5th St Sheridan, IN 46069

Estimated Value: $306,000 - $323,000

3 Beds
2 Baths
3,386 Sq Ft
$93/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $265,000 $78 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,880/month

1 Day on Market

Highlights

  • Mature Trees
  • Formal Dining Room
  • Attached Garage

About This Home

As of November 2021

Amazing opportunity for a Historic Home with modern renovations on almost a 1⁄2 acre in the heart of Sheridan on a dead end street. Enjoy having family and friends over to show off the newly renovated kitchen with solid surface countertops that opens to the Family Room. Want to enjoy the beautiful Fall days outside? The enclosed back porch opens into the Great Room making entertainment a breeze. Large bedrooms upstairs and plenty of storage space throughout including an unfinished attic space. Many updates including Bee windows, kitchen, bathroom, flooring, painting, garage door, sewer line to the road, roof, built in bookshelves and more!

Last Agent to Sell the Property

Jeremy Page

Carpenter, REALTORS® License #RB14035952 Listed on: 10/05/2021

Last Buyer's Agent

Caroline Lynn

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • 1920

Lot Details

  • 0.46

Parking

  • Attached Garage

Additional Features

  • Formal Dining Room
  • Mature Trees
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

1920

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: CapeCod
  • Directions: SR 31 NO TO HWY 38 WEST, HWY 38 WEST TO 4 WAY STOP. CONTINUE STRAIGHT PAST 4 WAY TO 5TH ST, TURN RIGHT TO 506.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Dryer, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Washer
  • Has Basement: Daylight/Lookout Windows
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2356
  • Main Level Sq Ft: 1446
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in
  • Kitchen Features: Kitchen Updated,Pantry
  • Below Grade Sq Ft: 1030
  • Upper Level Sq Ft: 910
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Walk-in Closet(s), Hardwood Floors, Windows Wood, Wood Work Stained
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Asphalt
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch
  • Construction Type: Brick, Shingle/Shake
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 108 X 181

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 955
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 1910
  • Tax Year: 2021

MLS Schools

  • School District: Sheridan Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Jan 19, 2022
Sold by
Stoneking Charla K
Bought by
Jackson Caroline R
Seller's Agent
Jeremy Page
Carpenter, REALTORS®
Buyer's Agent
Caroline Lynn
Carpenter, REALTORS®
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%
Current Estimated Value
$316,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,459
Avg. Annual Appreciation
4.24%
Original Mortgage
$251,750
Outstanding Balance
$230,687
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$85,772

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 24, 2021
Sold by
Stoneking Charla K
Bought by
Jackson Caroline R
Seller's Agent
Jeremy Page
Carpenter, REALTORS®
Buyer's Agent
Caroline Lynn
Carpenter, REALTORS®
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$230,687
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$85,772

Purchase Details

Closed on
Nov 20, 2002
Sold by
English Thomas C and English Beverley J
Bought by
Stoneking Kim B and Stoneking Charla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Jackson Caroline R -- Bray Miranda D
Jackson Caroline R $265,000 Bray Miranda D
Stoneking Kim B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Caroline R $251,750
Previous Owner Jackson Caroline R $251,750
Previous Owner Stoneking Kim B $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $265,000 +3.9% $78 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $255,000 -- $75 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,048 $277,500 $47,000 $230,500
2023 $3,073 $269,000 $47,000 $222,000
2022 $2,797 $243,600 $47,000 $196,600
2021 $1,976 $172,500 $47,000 $125,500
2020 $1,921 $167,800 $47,000 $120,800
2019 $1,909 $166,800 $19,700 $147,100
2018 $1,807 $155,400 $19,700 $135,700
2017 $1,644 $141,400 $19,700 $121,700
2016 $1,607 $141,400 $19,700 $121,700
2014 $1,381 $126,700 $33,300 $93,400
2013 $1,381 $121,100 $33,300 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21817315

MIBOR Broker Listing Cooperative®

APN: 29-01-32-305-022.000-002

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