NOT LISTED FOR SALE

507 E 5th St Sheridan, IN 46069

Estimated Value: $285,552 - $295,000

3 Beds
2 Baths
2,378 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 03, 2025

Last sale price $295,000 $124 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,764/month

59 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Covered patio or porch
  • 2 Car Detached Garage

About This Home

As of March 2025

Peaceful Downtown Sheridan Retreat - Steps from the Monon Trail and very motivated sellers! Discover the perfect blend of historic charm and modern updates in this inviting 3-bedroom, 2-bathroom home, ideally located in the heart of downtown Sheridan. Just steps from the iconic Monon Trail, this property offers unparalleled access to walking, biking, and outdoor adventures. Nestled on a quiet street with no HOA, this home welcomes you with a large front porch-perfect for enjoying your morning coffee or relaxing in the evening. Inside, a bright and versatile sunroom off the dining room offers an ideal space for a home office, playroom, or simply soaking up natural light. Thoughtfully updated while retaining its 1900s regal character, this home also features a spacious backyard with a detached garage, providing plenty of room for outdoor activities or storage. The basement offers even more storage space to meet your needs. Don't miss the opportunity to call this peaceful retreat home-where small-town charm meets modern convenience. Schedule your showing today!

Last Agent to Sell the Property

Jennifer Holden

Highgarden Real Estate Brokerage Email: jenn.wharff@compass.com License #RB20000767 Listed on: 12/02/2024

Highgarden Real Estate

Co-Listed By

Lindsay Sears

Compass Indiana, LLC Brokerage Email: jenn.wharff@compass.com License #RB14049515

Last Buyer's Agent

Amy True

True Realty License #RB14037888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1910

Lot Details

  • 8,712

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Formal Dining Room
  • Basement
  • Basement Window Egress
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Sheridan Elementary School
  • Sheridan Middle School
  • Sheridan High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 8,712 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Squire Owens Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 290132305026000002
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Building Area Total: 3547
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Squire Owens
  • Transaction Type: Sale
  • Website: https://media.showingtimeplus.com/sites/weboejm/unbranded
  • Accessibility Features YN: No
  • MBR_AttributionContact: jenn.wharff@compass.com
  • Attribution Contact: jenn.wharff@compass.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s)
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors
  • Living Area: 2378
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1209
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1169
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Block, Vinyl Siding
  • Foundation Details: Block
  • List Price: 299900
  • Patio And Porch Features: Covered Porch
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 414

Utilities

  • Cooling: Central Electric, Wall Unit(s), Window Unit(s)
  • Heating: Baseboard, Electric, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Sheridan Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8712
  • Parcel Number: 290132305026000002
  • Acres: <1/4 Acre
  • Price Acre: 1475000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1750
  • Tax Block: 3
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 875
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Sheridan Elementary School
  • High School: Sheridan High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Mar 3, 2025
Sold by
Dunbar Christopher and Dunbar Krista
Bought by
Hartman Joshua and Hartman Sarah
Seller's Agent
Jennifer Holden
Highgarden Real Estate
Buyer's Agent
Amy True
True Realty
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Total Days on Market
59
Views
210
Current Estimated Value
$289,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,362
Avg. Annual Appreciation
-6.13%
Original Mortgage
$236,000
Outstanding Balance
$235,411
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$54,227

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 10, 2022
Sold by
Dykes Scott A
Bought by
Dunbar Christopher and Dunbar Krista
Seller's Agent
Katrina Matheis
Level Up Real Estate Group
Buyer's Agent
Holli Phillips
eXp Realty, LLC
List Price
$264,900
Sold Price
$270,000
Premium/Discount to List
$5,100
1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$256,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2015
Closed on
Mar 4, 2016
Sold by
Castor Norman T and Castor Linda L
Bought by
Dykes Scott A
Seller's Agent
Kia Albano
Coldwell Banker - Kaiser
Buyer's Agent
Gregory Hagan
EDGE Realty Group, INC
List Price
$142,000
Sold Price
$123,066
Premium/Discount to List
-$18,934
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%
Original Mortgage
$123,066
Interest Rate
3.72%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Hartman Joshua $295,000 Chicago Title
Dykes Scott A -- None Available
Dunbar Christopher $270,000 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Joshua $236,000
Previous Owner Dunbar Christopher $256,500
Previous Owner Dykes Scott A $113,430
Previous Owner Dykes Scott A $125,359
Previous Owner Dykes Scott A $123,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $295,000 -1.6% $124 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $299,900 +11.1% $126 / Sq Ft
05/25/2022 05/25/22 Sold $270,000 +1.9% $76 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $264,900 +115.3% $75 / Sq Ft
03/04/2016 03/04/16 Sold $123,066 0.0% $35 / Sq Ft
01/13/2016 01/13/16 Off Market $123,066 -- --
10/30/2015 10/30/15 Price Changed $123,066 -3.9% $35 / Sq Ft
07/12/2015 07/12/15 Price Changed $128,000 -4.8% $36 / Sq Ft
06/05/2015 06/05/15 Price Changed $134,500 -1.1% $38 / Sq Ft
04/13/2015 04/13/15 Price Changed $136,000 -4.2% $38 / Sq Ft
02/18/2015 02/18/15 For Sale $142,000 -- $40 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,751 $162,900 $36,300 $126,600
2023 $1,776 $158,500 $36,300 $122,200
2022 $1,178 $145,400 $36,300 $109,100
2021 $1,001 $134,600 $36,300 $98,300
2020 $916 $131,200 $36,300 $94,900
2019 $925 $129,700 $15,200 $114,500
2018 $758 $121,200 $15,200 $106,000
2017 $562 $111,600 $15,200 $96,400
2016 $541 $111,600 $15,200 $96,400
2014 $1,086 $100,500 $25,700 $74,800
2013 $1,086 $96,300 $25,700 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22013548

MIBOR Broker Listing Cooperative®

APN: 29-01-32-305-026.000-002