NOT LISTED FOR SALE

507 W Oak St Mitchell, IN 47446

Estimated Value: $90,000 - $109,103

2 Beds
1 Bath
912 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $90,000 $99 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $599/month

128 Days on Market

About This Home

As of March 2022

Adorable two bedroom, one bath home! This home is a blank canvas ready for your personal touch. Close to schools & Main St. This functional floor plan feels much larger than square footage reflects! Immediate possession.

Last Listed By

Molly Shanks

Sycamore Real Estate Group Listed on: 11/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1916

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 47-11-36-401-020.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 106
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SEC 36 TWP 4 R1W PT E 1/2 SW 45x192
  • Parcel Number ID: 47-11-36-401-020.000-005
  • Platted: Yes
  • Sp Lp Percent: 106.01
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 912
  • Total Finished Sq Ft: 912
  • Above Grade Finished Sq Ft: 912
  • Price Per Sq Ft: 98.68
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 11x14, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 14x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

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

Schools

  • School District: Mitchell Community Schools
  • Elementary School: Burris/Hatfield
  • Middle School: Mitchell
  • High School: Mitchell
  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: 0-2.9999
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 350.08

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Mar 29, 2022
Sold by
Ratcliff Stuart R
Bought by
Franklin Zachary Dwight
Seller's Agent
Molly Shanks
Sycamore Real Estate Group
Buyer's Agent
Chelsea Kieffner
CK Realty Homes
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Total Days on Market
128
Current Estimated Value
$99,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,776
Avg. Annual Appreciation
3.37%

Purchase Details

Listed on
Apr 18, 2019
Closed on
Sep 6, 2019
Sold by
Alan Alan W and Alan A T
Bought by
Ratcliff Stuart R
Seller's Agent
Laura Anderson
Sycamore Realty and Investments
Buyer's Agent
Laura Anderson
Sycamore Realty and Investments
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$57,575
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 20, 2011
Sold by
Gary D and Gary Nancy S
Bought by
Dee

Purchase Details

Closed on
Apr 21, 2010
Sold by
Dorothy F Wagner
Bought by
Terrell Nancy S and Terrell Gary D

Range of Values:

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Average Value
Not Available
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
Franklin Zachary Dwight $90,000 Classic Title Inc
Ratcliff Stuart R -- --
Dee $29,000 Lawrence County Abstract Inc
Terrell Nancy S $20,000 Lawrence County Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratcliff Stuart R $57,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $90,000 +6.0% $99 / Sq Ft
01/04/2022 01/04/22 Price Changed $84,900 -5.6% $93 / Sq Ft
11/21/2021 11/21/21 For Sale $89,900 +57.7% $99 / Sq Ft
09/06/2019 09/06/19 Sold $57,000 -4.8% $68 / Sq Ft
04/18/2019 04/18/19 For Sale $59,900 -- $71 / 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 $548 $65,100 $7,100 $58,000
2023 $578 $61,500 $6,800 $54,700
2022 $355 $47,100 $6,700 $40,400
2021 $350 $42,200 $6,500 $35,700
2020 $350 $40,600 $6,300 $34,300
2019 $338 $39,000 $6,100 $32,900
2018 $578 $28,900 $6,100 $22,800
2017 $564 $28,200 $5,900 $22,300
2016 $564 $28,200 $5,900 $22,300
2014 $274 $27,400 $5,900 $21,500
Source: Public Records

Agents Affiliated with this Home

  • Molly Shanks

    Seller's Agent in 2022

    Molly Shanks

    Sycamore Real Estate Group

    (812) 583-7348

    145 Total Sales

    Molly Shanks
    Section Image
  • Chelsea Kieffner

    Buyer's Agent in 2022

    Chelsea Kieffner

    CK Realty Homes

    (812) 322-5818

    171 Total Sales

    Chelsea Kieffner
    Section Image
  • Laura Anderson

    Seller's Agent in 2019

    Laura Anderson

    Sycamore Realty and Investments

    (812) 508-5565

    Section Image
See All Agents

Map

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Source: Indiana Regional MLS

MLS Number: 202148732

Indiana Regional MLS

APN: 47-11-36-401-020.000-005

Indiana Lawrence County Mitchell 47446

507 W Oak St, Mitchell, IN

Homes for Sale in Mitchell, IN

This home is located at 507 W Oak St, Mitchell, IN 47446 since 21 November 2021 and is currently estimated at $99,776, approximately $109 per square foot. This property was built in 1916. 507 W Oak St is a home located in Lawrence County with nearby schools including Hatfield Elementary School, Burris Elementary School, and Mitchell Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.