NOT LISTED FOR SALE

5074 County Road 7 Garrett, IN 46738

Estimated Value: $218,000 - $276,000

4 Beds
1 Bath
1,384 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $200,000 $145 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,425/month

37 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Lot Has A Rolling Slope
  • 1-Story Property

About This Home

As of November 2022

Embrace the spirit of country living at such an affordable price. The living is easy on this beautiful farm like home on 7 ACRES in DeKalb County. This property boasts privacy, massive pole barns, a large detached garage, regraded driveway, land galore at this price, and so much more! The floor plan of the house encompasses four bedrooms and one full bathroom (plenty of room to add a second full bath). The property is being sold as-is (see survey attached). All of the kitchen appliances are included in the sale. Schedule your showing today!

Last Agent to Sell the Property

Tyler Secrist

CENTURY 21 Bradley Realty, Inc Listed on: 08/25/2022

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Cordell Hurse

Liberty Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1900

Lot Details

  • 7 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • J.E. Ober Elementary School
  • Garrett Middle School
  • Garrett High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 17-09-05-251-002.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,232

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 122
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S1/2 S1/2 Ne1/4
  • Parcel Number ID: 17-09-05-251-002.000-011
  • Platted: Yes
  • Sp Lp Percent: 87.34
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2404
  • Total Finished Sq Ft: 1384
  • Above Grade Finished Sq Ft: 1384
  • Below Grade Sq Ft: 1020
  • Price Per Sq Ft: 144.51
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1020

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 30x54
  • Outbuilding2: Pole/Post Building, Dimensions: 46x50, 2300

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x40
  • Garage Sq Ft: 1200
  • Garage: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Garrett Keyser Butler
  • Elementary School: J.E. Ober
  • Middle School: Garrett Middle
  • High School: Garrett High
  • Elementary School: J.E. Ober

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: Irreg 681 X 450 X 681 X 450
  • Estimated Lot Sq Ft: 304920
  • Estimated Lot Size Acres: 7

Tax Info

  • Annual Taxes: 3231.64

MLS Schools

  • High School: Garrett High
  • Middle School: Garrett Middle
  • School District: Garrett Keyser Butler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Molargik Ryan T
Bought by
Seyfert John
Current Estimated Value
$241,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,264
Outstanding Balance
$69,979
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$171,777

Purchase Details

Closed on
Feb 13, 2023
Sold by
Seyfert John
Bought by
Molargik Ryan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,264
Outstanding Balance
$69,979
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$171,777

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 7, 2022
Sold by
Molargik Ryan T
Bought by
Seyfert John
Seller's Agent
Tyler Secrist
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Cordell Hurse
Liberty Group Realty
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Sep 3, 2019
Sold by
Molargik Thomas A and Molargik Penny L
Bought by
Molargik Ryan T
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
Seyfert John -- Metropolitan Title
Molargik Ryan T $200,000 Metropolitan Title
Seyfert John -- None Listed On Document
Molargik Ryan T -- Metropolitan Title
Molargik Ryan T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molargik Ryan T $72,264
Previous Owner Molargik Ryan T $102,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $200,000 -12.7% $145 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $229,000 -8.4% $165 / Sq Ft
08/25/2022 08/25/22 For Sale $250,000 -- $181 / 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 $1,410 $200,900 $49,700 $151,200
2023 $2,525 $257,500 $109,500 $148,000
2022 $2,372 $222,400 $93,000 $129,400
2021 $3,232 $205,600 $85,200 $120,400
2020 $3,363 $195,200 $78,800 $116,400
2019 $3,085 $188,300 $84,400 $103,900
2018 $3,318 $178,100 $82,700 $95,400
2017 $3,559 $186,800 $92,300 $94,500
2016 $3,371 $188,500 $96,600 $91,900
2014 $3,365 $187,900 $100,200 $87,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202235611

Indiana Regional MLS

APN: 17-09-05-251-002.000-011