NOT LISTED FOR SALE

508 S Main St Farmland, IN 47340

Estimated Value: $165,000 - $193,000

4 Beds
2 Baths
2,149 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $87,500 $41 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,160/month

119 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Covered patio or porch
  • Living Room
  • Dining Room

About This Home

As of October 2014

Character and charm abound in this vintage home! This historic home (built in 1918) maintains most all of it's original slender. Beautiful oak woodwork and built-in cabinetry reflect craftsmanship and functionality of the period. Plentiful large wood windows allow an abundance of natural lighting and view of the well maintained yard. Four large bedrooms provide lots of comfortable space to surround yourself with the things you love. A semi finished basement is well suited for relaxing or creating in your own private space. A large and well maintained yard is great for entertaining, gardening or just enjoying the country air. A large two car garage and outbuildings are the perfect addition for a home and grounds featuring this historic beauty. Located on 1.623 acres.

Last Agent to Sell the Property

Edward Shirey

Wagner Auctioneering & Real Estate Listed on: 04/19/2014

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1918

Lot Details

  • 1.62

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,149 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Schools

  • Monroe Central Schools Elementary And Middle School
  • Monroe Central Schools High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • 1.62 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1918

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 508 S Main
  • Second Address Number: 508
  • Estimated Year Built: 1918
  • Estimated Size Bathroom 1: 8x7
  • Estimated Size Bathroom 2: 8x7
  • Estimated Dining Room Size: 15x14
  • Dining Rm Level: 1
  • Directions: Hwy 27 north to Winchester, turn west on SR 32 to Farmland, Home is on south side of town.
  • E X E M P T: Other
  • Geo Address Line: 508 S Main St
  • Geo Longitude: -85.127749890089
  • Geo Primary City: Farmland
  • Geo Quality: 0.95
  • Geo Secondary City: Randolph Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 78700
  • Kitchen Level: 1
  • Land Valuation: 18500
  • Estimated Living Room Size: 28x13
  • Living Rm Level: 1
  • Other Rm1 Approx Size: 13x9
  • Other Rm1 Level: 1
  • Other Rm2 Approx Size: 8x5
  • Other Rm2 Level: 1
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Building Style: Other
  • Taxes Half: 515
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1918

Interior Features

  • Appliances Included: Microwave, Range-Electric, Refrigerator
  • Total Number Rooms: 8
  • Bedroom 1 Level: 1
  • Bathroom 1 Level: 1
  • Bathroom 2 Level: 2
  • Primary Bathroom: No
  • Has Basement: Yes, Partial Basement, Unfinished
  • Estimated Size Bedroom 2: 15x10
  • Bedroom 2 Level: 2
  • Estimated Size Bedroom 3: 23x12
  • Bedroom 3 Level: 2
  • Estimated Size Bedroom 4: 15x11
  • Bedroom 4 Level: 2
  • Lower Floor 1 Bedrooms: 4
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 13x11
  • Price Per S Q F T: 40.72
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Wood
  • Foundation: Crawl, Basement
  • Porch/Deck Type: Covered, Porch, Other
  • Roof Type: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Detached

Utilities

  • Electric Company: American Electric Power
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Baseboard, Gas
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Monroe Central Schools
  • Middle School: Monroe Central Schools
  • High School: Monroe Central Schools
  • Elementary School: Monroe Central Schools
  • High School: Monroe Central Schools
  • Middle School: Monroe Central Schools

Lot Info

  • Geo Update Timestamp: 2014-09-15
  • Estimated Number Acres: 1.623
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2014
Closed on
Sep 12, 2014
Sold by
Hill Helen and Hill Ensign Lorra
Bought by
Shewmake Jennifer Kay
Seller's Agent
Edward Shirey
Wagner Auctioneering & Real Estate
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$99,000
Sold Price
$87,500
Premium/Discount to List
-$11,500
-11.62%
Total Days on Market
119
Current Estimated Value
$179,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,740
Avg. Annual Appreciation
6.95%
Original Mortgage
$60,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Shewmake Jennifer Kay -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shewmake Jennifer Kay $96,877
Closed Shewmake Jennifer Kay $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $87,500 -11.6% $41 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $99,000 -- $46 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,890 $142,200 $16,200 $126,000
2023 $1,789 $132,500 $16,200 $116,300
2022 $1,740 $126,400 $16,200 $110,200
2021 $1,830 $136,000 $25,900 $110,100
2020 $1,176 $115,000 $24,600 $90,400
2019 $1,174 $115,000 $24,600 $90,400
2018 $1,258 $115,000 $24,600 $90,400
2017 $1,173 $107,100 $21,500 $85,600
2016 $1,130 $103,600 $19,400 $84,200
2014 $1,058 $100,000 $18,500 $81,500
2013 $1,058 $97,200 $18,500 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10022460

APN: 68-07-13-475-086.000-008