NOT LISTED FOR SALE

506 S Main St Bourbon, IN 46504

Estimated Value: $222,000 - $282,796

4 Beds
2.5 Baths
3,207 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $96,000 $30 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,548/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room
  • Victorian Architecture
  • Covered Patio or Porch
  • 2 Car Detached Garage

About This Home

As of November 2014

Immediate possession available with this spacious yesteryear charmer just south of downtown Bourbon. Covered 9x24 front porch, hardwood floors, original woodwork and trim, open staircase, 9 foot ceilings, pocket door, formal dining room, main level laundry room, finished 3rd level (attic) could be home office or kid's playroom. Other amenities include a fireplace, 6x22 rear deck, modern high efficiency GFA furnace, newer breaker box, central AC plus a partial basement (for mechanicals and storage). Deep lot with wood privacy fence and a newer (2009) 24x32 pole building style garage with concrete floor, separate breaker box, fluorescent lights and ceiling fans. City water and city sewer. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

David Blackwell

Blackwell Real Estate Listed on: 09/19/2014

Last Buyer's Agent

ECBOR NonMember

NonMember ELK

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 68x258
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2.5-Story Property
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Formal Dining Room
  • Walkup Attic
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Stone or Rock in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 50-33-24-404-298.000-002

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1875
  • Age: 139
  • Style: Two and Half Story
  • Architectural Style: Victorian
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 2 in McCrums and Blands Add except West 16.5'
  • Parcel Number ID: 50-33-24-404-298.000-002
  • Platted: Yes
  • Amenities: Attic-Walk-up, Cable Ready, Ceiling Fan(s), Closet(s) Cedar, Closet(s) Walk-in, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Natural Woodwork, Pocket Doors, Porch Covered, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Grid: 110 Marshall Co.
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 101.16
  • State Id: 0130158600
  • Special Features: None

Interior Features

  • Total Sq Ft: 4641
  • Total Finished Sq Ft: 3207
  • Above Grade Finished Sq Ft: 3207
  • Below Grade Sq Ft: 1434
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, One
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 13x14, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Family Room: Dimensions: 16x18, On Level: Main
  • Den: Dimensions: 6x14, On Level: Main
  • Extra Room: Closet/storage, Dimensions: 9x14, On Level: Upper
  • Bedroom 1: Dimensions: 14x16, On Level: Upper
  • Bedroom 2: Dimensions: 13x16, On Level: Main
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Bedroom 4: Dimensions: 14x15, On Level: Upper
  • Other Room1: Extra room, Dimensions: 10x14, On Level: Upper
  • Other Room 2: Rec room, Dimensions: 28x32, On Level: Upper
  • Main Level Sq Ft: 1616
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1434

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial, Privacy, Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: 6xMain, On Level: 11

Schools

  • School District: Triton Community
  • Elementary School: Triton
  • Middle School: Triton
  • High School: Triton

Lot Info

  • Lot Description: Level, Historic Designation
  • Lot Dimensions: 68x258
  • Estimated Lot Sq Ft: 17544
  • Estimated Lot Size Acres: 0.4
  • Zoning: R Residential

Green Features

  • Energy Efficient Windows/Doors: Storm Windows

Tax Info

  • Annual Taxes: 2448
  • Total Assessed Value: 122400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2018
Sold by
Lozier Tyler L and Lozier Holly K
Bought by
Davis Austin M and Davis Aubrey P
Current Estimated Value
$249,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Outstanding Balance
$153,800
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$91,955

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 4, 2014
Sold by
Fannie Mae
Bought by
Lozier Tyler L and Lozier Holly K
Seller's Agent
David Blackwell
Blackwell Real Estate
Buyer's Agent
ECBOR NonMember
NonMember ELK
List Price
$94,900
Sold Price
$96,000
Premium/Discount to List
$1,100
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Cauffman Jason N and Cauffman Angie M
Bought by
Fannie Mae

Purchase Details

Closed on
Sep 26, 2006
Sold by
Richardson Andrew H and Richardson Tamaraa L
Bought by
Cauffman Jason N and Cauffman Angic M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,780
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
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
Davis Austin M -- Metropolitan Title In Llc
Lozier Tyler L -- Meridian Title Corp
Fannie Mae $136,867 None Available
Cauffman Jason N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Austin M $172,900
Previous Owner Lozier Tyler L $55,000
Previous Owner Cauffman Jason N $31,780
Previous Owner Cauffman Jason N $1,271,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $96,000 +1.2% $30 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
09/19/2014 09/19/14 For Sale $94,900 -- $30 / 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 $2,361 $241,400 $15,700 $225,700
2022 $2,303 $230,300 $15,700 $214,600
2021 $1,874 $187,400 $13,100 $174,300
2020 $1,886 $188,600 $13,100 $175,500
2019 $1,731 $173,100 $12,100 $161,000
2018 $1,228 $122,800 $11,600 $111,200
2017 $1,217 $121,700 $11,600 $110,100
2016 $1,218 $121,800 $11,600 $110,200
2014 $1,223 $122,300 $11,600 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201441651

Indiana Regional MLS

APN: 50-33-24-404-298.000-002