NOT LISTED FOR SALE

507 N Thompson St Bourbon, IN 46504

Estimated Value: $174,000 - $188,000

3 Beds
2 Baths
1,617 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $85,000 $53 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,112/month

574 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of May 2013

BEAUTIFULLY REMODELED! $400/month INCOME from apartment upstairs! 2 bedroom 1 bath on main level. Apt. has 1 bed, 1 bath + private entry. Main level kitchen & laundry + office are fabulous! Spacious back deck, big yard, ample parking,& don't forget that $400/month in your pocket from apt rent!!! Municipal Natural 0

Last Agent to Sell the Property

KRISTINA FITCH

HEARTLAND REALTY, LLC Listed on: 08/23/2011

Last Buyer's Agent

KRISTINA FITCH

HEARTLAND REALTY, LLC Listed on: 08/23/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $848

Year Built

  • Built in 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 86x123
  • Corner Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 503324202062.000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$848

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 22 BOLEYS 2ND ADD |
  • Parcel Number ID: 503324202062.000002
  • Platted: Yes
  • Amenities: Deck Open
  • Year Taxes Payable: 2012
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1767
  • Total Finished Sq Ft: 1617
  • Above Grade Finished Sq Ft: 1617
  • Below Grade Sq Ft: 150
  • Price Per Sq Ft: 52.57
  • Basement Foundation: Partial Basement
  • Basement Material: Stone
  • Flooring: Carpet, Tile
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: N/A
  • Family Room: On Level: Upper
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Other Room 2: kitchen, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 150

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 12x16
  • Outbuilding2: None

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Triton School Corporation

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 86x123
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 847.55
  • Exemptions: Homestead, Mortgage

MLS Schools

  • School District: Triton School Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2011
Closed on
May 30, 2013
Sold by
Burkholder Scott and Burkholder Suzanne
Bought by
Lett Jeffrey A and Lett Sonja R
Seller's Agent
KRISTINA FITCH
HEARTLAND REALTY, LLC
Buyer's Agent
KRISTINA FITCH
HEARTLAND REALTY, LLC
List Price
$85,000
Sold Price
$85,000
Total Days on Market
574
Current Estimated Value
$179,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,302
Avg. Annual Appreciation
6.41%
Original Mortgage
$86,827
Outstanding Balance
$62,398
Interest Rate
3.34%
Mortgage Type
VA
Estimated Equity
$117,815

Purchase Details

Closed on
Mar 24, 2009
Sold by
Burkholder Scott and Burkholder Suzanne
Bought by
Mennonite Mutual Land Trust and Burkholder Suzanne

Purchase Details

Closed on
Mar 7, 2005
Sold by
Garriotte Jeffrey D
Bought by
Burkholder Scott and Burkholder Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Fleck Marguerite S
Bought by
Garriotte Jeffrey D
Source: Public Records

Similar Homes in Bourbon, IN

  • 605 N Main St, Bourbon, IN 46504

    $170,000

    • 2 Beds
    • 1.5 Baths
    • 605 N Main St
    • Bourbon, IN

    Nice 2 bedroom 1 1/2 bath ranch style home with attached 1 car garage and car port. Spacious kitchen with partially finished basement. Close to downtown and a short walk to library and schools. Also includes parcel # 503324202053000002 (small strip on the north side of home)

    Lana Ball Ball Auction & Realty

    Section Image
  • 506 N Harris St, Bourbon, IN 46504

    $199,900

    • 4 Beds
    • 2 Baths
    • 1,716 Sq Ft
    • 506 N Harris St
    • Bourbon, IN

    Welcome home in this four-bedroom, two full bath house that is close to local schools and has too many updates to list. Featuring beautiful built-ins and updated flooring, the living room also includes a fireplace insert and is open to a formal dining room. Beautiful, brand-new breakfast room with laundry/full bath has lots of natural light and leads to the back deck. The kitchen features warm,

    Anna Gilsinger RE/MAX Results- Warsaw

    Section Image
  • 3341 State Road 10, Bourbon, IN 46504

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,288 Sq Ft
    • 3341 State Road 10
    • Bourbon, IN

    What a great little mini farm for 4-H, or whether you want just because you now can, or need room to have your own tinker shop for those four-wheel toys. This home has that. The summer kitchen in the basement is great for canning a year's supply of vegetables from your garden. There is even a great storage room for that. This home has had many updates in the last 5 year, such as Septic, well,

    Chris McIntire Coldwell Banker Real Estate Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lett Jeffrey A -- Metropolitan Title In Llc
Burkholder Scott -- Metropolitan Title In Llc
Mennonite Mutual Land Trust -- Mckesson Title Corp
Mennonite Mutual Land Trust -- None Available
Burkholder Scott -- Mckesson Title Corp
Garriotte Jeffrey D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkholder Scott $86,827
Closed Lett Jeffrey A $86,827
Previous Owner Burkholder Scott $78,700
Previous Owner Burkholder Scott $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $85,000 0.0% $53 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
08/23/2011 08/23/11 For Sale $85,000 -- $53 / 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 $1,407 $142,700 $19,400 $123,300
2022 $1,407 $134,200 $18,200 $116,000
2021 $964 $97,400 $13,100 $84,300
2020 $960 $97,100 $13,100 $84,000
2019 $933 $94,400 $12,600 $81,800
2018 $933 $91,000 $12,100 $78,900
2017 $809 $87,500 $11,800 $75,700
2016 $711 $83,700 $11,800 $71,900
2014 $907 $79,700 $11,100 $68,600
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 1006498

Indiana Regional MLS

APN: 50-33-24-202-062.000-002