508 E Main St Morristown, IN 46161
Estimated Value: $224,000 - $279,333
3
Beds
2
Baths
1,709
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- 3 Car Detached Garage
- Programmable Thermostat
- Ranch Style House
- Walk-In Closet
- Fire Pit
About This Home
As of September 2022Picturesque stone ranch, situated on large, private lot just at the edge of town, and along Prairie Branch stream. This 3-bed/2-bath home also includes a big, beautiful 3-car garage/workshop! Breezeway to garage also offers access to the extra-large owner’s suite. This multi-functional room features a slider to front patio, walk-in closet, private bath, & laundry room. Two additional bedrooms & full bath on opposite side of house. Kitchen & bright, spacious dining room are at the heart of the home. Cozy living room features gas log fireplace. Serene sunroom leads to rear patio & woodland walkway stretching across back of home & overlooking creek. Down the stairs & across the bridge is additional land, where the possibilities are endless!
Last Agent to Sell the Property
Angela Delise
Keller Williams Indpls Metro N Listed on: 08/26/2022
Last Buyer's Agent
Christian Nicodemus
Keller Williams Indy Metro S
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,574
Year Built
- Built in 1963
Lot Details
- 0.68 Acre Lot
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Stone
Interior Spaces
- 1,709 Sq Ft Home
- Wood Burning Stove
- Gas Log Fireplace
- Vinyl Clad Windows
- Living Room with Fireplace
- Utility Room
- Carpet
- Pull Down Stairs to Attic
Kitchen
- Electric Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Fire Pit
- Outdoor Storage
- Outbuilding
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Programmable Thermostat
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 730312400322000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2022
Closed on
Sep 30, 2022
Sold by
Burch Michelle E
Bought by
Compton Mckenzie and Sparks Logan
Seller's Agent
Angela Delise
Keller Williams Indpls Metro N
Buyer's Agent
Christian Nicodemus
Keller Williams Indy Metro S
List Price
$185,000
Sold Price
$205,000
Premium/Discount to List
$20,000
10.81%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,833
Avg. Annual Appreciation
6.40%
Original Mortgage
$198,850
Outstanding Balance
$192,062
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$50,771
Purchase Details
Closed on
Jan 17, 2018
Sold by
Burch Mark A
Bought by
Burch Michelle E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Similar Home in Morristown, IN
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Compton Mckenzie | -- | Stewart Title | |
| Burch Michelle E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Compton Mckenzie | $198,850 | |
| Previous Owner | Burch Michelle E | $103,000 | |
| Previous Owner | Burch Mark A | $112,665 | |
| Previous Owner | Burch Mark A | $12,000 | |
| Previous Owner | Burch Mark A | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $205,000 | +10.8% | $120 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 08/26/2022 08/26/22 | For Sale | $185,000 | -- | $108 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,481 | $248,100 | $14,000 | $234,100 |
| 2023 | $2,003 | $201,800 | $14,000 | $187,800 |
| 2022 | $1,750 | $175,200 | $14,000 | $161,200 |
| 2021 | $1,574 | $162,000 | $14,000 | $148,000 |
| 2020 | $1,466 | $156,100 | $14,000 | $142,100 |
| 2019 | $1,371 | $151,000 | $13,500 | $137,500 |
| 2018 | $1,207 | $137,400 | $12,200 | $125,200 |
| 2017 | $1,175 | $138,200 | $12,200 | $126,000 |
| 2016 | $1,088 | $135,200 | $12,200 | $123,000 |
| 2014 | $1,029 | $132,800 | $12,200 | $120,600 |
| 2013 | $1,029 | $141,400 | $12,200 | $129,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Angela Delise
Keller Williams Indpls Metro N
(317) 847-1207
83 Total Sales
-
Buyer's Agent in 2022
Christian Nicodemus
Keller Williams Indy Metro S
(317) 946-5406
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21879778
APN: 73-03-12-400-322.000-008
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