NOT LISTED FOR SALE

507 S Stormont St Princeton, IN 47670

Estimated Value: $104,000 - $129,000

3 Beds
1 Bath
1,118 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $85,000 $76 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $699/month

26 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2022

Welcome to this Princeton home with some great character and potential. You enter the living room with real hardwood floors under the carpet. The kitchen is tucked around the corner with a full dining room. The main floor has two bedrooms and the upstairs has a huge bedroom or bonus room. The full unfinished basement has potential to make it into something more. This home is an estate sale, and selling "as is" Inspections will be for the buyers purposes only.

Last Agent to Sell the Property

Michael Melton

ERA FIRST ADVANTAGE REALTY, INC Listed on: 03/12/2022

ERA FIRST ADVANTAGE REALTY, INC

Last Buyer's Agent

Grant Waldroup

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $585

Year Built

  • Built in 1941

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x183
  • Level Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Princeton Elementary And Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 26-12-07-404-002.848-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$585

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1941
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Monroe Homes 4
  • Parcel Number ID: 26-12-07-404-002.848-028
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1986
  • Total Finished Sq Ft: 1118
  • Above Grade Finished Sq Ft: 1118
  • Below Grade Sq Ft: 868
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Dining Room: Dimensions: 8x15, On Level: Main
  • Bedroom 1: Dimensions: 19x12, On Level: Main
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 868

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • Elementary School: Princeton

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 50x183
  • Estimated Lot Sq Ft: 9148
  • Estimated Lot Size Acres: 0.21

Tax Info

  • Annual Taxes: 584.54

MLS Schools

  • High School: Princeton
  • Middle School: Princeton
  • School District: North Gibson School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
May 20, 2022
Sold by
Potts John R
Bought by
Potts Zackery R
Seller's Agent
Michael Melton
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Grant Waldroup
F.C. TUCKER EMGE
List Price
$77,900
Sold Price
$85,000
Premium/Discount to List
$7,100
9.11%
Current Estimated Value
$119,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,675
Avg. Annual Appreciation
10.36%
Original Mortgage
$85,858
Outstanding Balance
$81,460
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$38,215
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
Potts Zackery R -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Zackery R $85,858
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $85,000 +9.1% $76 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $77,900 0.0% $70 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $77,900 -- $70 / 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 $820 $86,200 $7,900 $78,300
2023 $733 $80,900 $5,400 $75,500
2022 $599 $75,300 $5,400 $69,900
2021 $603 $71,400 $5,400 $66,000
2020 $585 $66,800 $5,400 $61,400
2019 $596 $70,200 $5,400 $64,800
2018 $550 $67,800 $5,400 $62,400
2017 $523 $66,400 $5,400 $61,000
2016 $546 $68,500 $5,400 $63,100
2014 $492 $63,800 $5,400 $58,400
2013 -- $64,400 $5,400 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202208251

Indiana Regional MLS

APN: 26-12-07-404-002.848-028