$27,500
SOLD DEC 12, 2013

506 S Main St Farmland, IN 47340

3 Beds
1 Bath
1,696 Sq Ft
0.36 Acres

Recently Sold

$16 Per Sq Ft

8% Below List Price

134 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Wood Fence
  • Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2020

Attention investors or anyone looking for a deal - this home has a lot to offer at a very reasonable price! New plumbing, water heater, water softener, and carpet were installed in the last two years. The large knotty pine lined utility room leads into the kitchen with a bedroom and spacious bathroom off to the side. The first floor also includes a dining area and sizeable 21x10 living room. Two bedrooms upstairs finish out this over 1600 square foot home. Home sits on .36 acres and has a detached two-story garage wtih two parking spaces and second floor workshop area. Don't miss out on this one - be sure to call for your private showing today

Last Agent to Sell the Property

Curtis Cunningham

Wagner Auctioneering and Real Estate Listed on: 04/19/2013

Last Buyer's Agent

Edward Shirey

Wagner Auctioneering and Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Level Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68-07-13-475-085.000-008

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 124
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Lot 7 SE 13-20-12
  • Parcel Number ID: 68-07-13-475-085.000-008
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Porch Open, Washer Hook-Up
  • Special Features: None

Interior Features

  • Total Sq Ft: 1696
  • Total Finished Sq Ft: 1696
  • Above Grade Finished Sq Ft: 1696
  • Price Per Sq Ft: 16.21
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 10x21, On Level: Main
  • Kitchen: Dimensions: 9x17, On Level: Main
  • Dining Room: Dimensions: 10x13, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Upper
  • Bedroom 3: Dimensions: 10x11, On Level: Upper

Exterior Features

  • Exterior: Shingle
  • Roof Material: Metal, Shingle
  • Outbuilding1: None
  • Fence: Wood
  • Outbuilding2: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, Vectren Corp

Schools

  • Elementary School: Monroe Central
  • Middle School: Monroe Central
  • High School: Monroe Central

Lot Info

  • Lot Description: Irregular, Level
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Tax Info

  • Annual Taxes: 982
  • Total Assessed Value: 49100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jun 5, 2020
Sold by
Bond Roger D
Bought by
Moritz Robin Lynn Iona
Seller's Agent
Curtis Cunningham
Wagner Auctioneering and Real Estate
Buyer's Agent
Jim Ellis
Century 21 Advance
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Current Estimated Value
$119,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,527
Avg. Annual Appreciation
18.56%
Original Mortgage
$46,550
Outstanding Balance
$41,445
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$79,581

Purchase Details

Listed on
Apr 19, 2013
Closed on
Dec 12, 2013
Sold by
Mikesell P Jane
Bought by
Bond Roger D
Seller's Agent
Curtis Cunningham
Wagner Auctioneering and Real Estate
Buyer's Agent
Edward Shirey
Wagner Auctioneering and Real Estate
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$26,125
Interest Rate
4.38%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- First American Mortgage Sln
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,550 New Conventional
Previous Owner $26,125 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $49,000 -9.1% $40 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
01/29/2020 01/29/20 Price Changed $53,900 -10.0% $44 / Sq Ft
11/21/2019 11/21/19 For Sale $59,900 +117.8% $49 / Sq Ft
12/12/2013 12/12/13 Sold $27,500 -8.0% $16 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $29,900 -- $18 / 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 $581 $62,800 $5,100 $57,700
2023 $516 $57,600 $5,100 $52,500
2022 $576 $54,800 $5,100 $49,700
2021 $620 $59,200 $8,200 $51,000
2020 $478 $56,100 $7,700 $48,400
2019 $448 $56,100 $7,700 $48,400
2018 $442 $56,100 $7,700 $48,400
2017 $394 $53,000 $6,800 $46,200
2016 $343 $47,200 $6,100 $41,100
2014 $285 $45,200 $5,800 $39,400
2013 $285 $48,200 $5,800 $42,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 20032016

Indiana Regional MLS

APN: 68-07-13-475-085.000-008