NOT LISTED FOR SALE

509 W Section St Milford, IN 46542

Estimated Value: $135,000 - $160,870

4 Beds
1 Bath
1,532 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $85,500 $56 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $981/month

63 Days on Market

Highlights

  • Formal Dining Room
  • Bathtub with Shower
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Central Air
  • Level Lot

About This Home

As of October 2020

Though the new owners will want to make updates, this home has been lived in and loved for over forty years by the current owner. Clean, with a new furnace and central air, and over 1500 sq. feet. Two large main level bedrooms with ample closet space, and two rooms upstairs that could be used as bedrooms, but are lacking closets. The main floor features a formal dining room, living room, and space for a home office or craft room. House plants thrived in the enclosed front porch with lots of windows.The double lot is like a park, with shade trees and ornamented with peonies, poppies, iris and lilies. The 10 x 16 outbuilding would make a charming 'she shed', and there is extra parking in the rear. The home offers lots of possibilities at an affordable price. Property is an estate and is being sold as is.

Last Agent to Sell the Property

Sally Bailey

Coldwell Banker Real Estate Group Listed on: 05/29/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Rita Davis-Roberts

Re/Max Partners

Re/Max Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Laminate Countertops
  • Partially Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Milford Elementary School
  • Wawasee Middle School
  • Wawasee High School

Utilities

  • Central Air
  • Private Company Owned Well
  • Well

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 43-03-08-200-512.000-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,059

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 120
  • Style: One and Half Story
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 20-032-035 lots 8&9 Blk Beckneus Add
  • Parcel Number ID: 43-03-08-200-512.000-028
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Patio Open, Porch Enclosed, Tub/Shower Combination, Formal Dining Room
  • Grid: 50 - N.E. Kosc.
  • Location: City/Town/Suburb
  • Road Surface: Paved
  • Sp Lp Percent: 100.71
  • Year Taxes Payable: 20 pay 21
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1604
  • Total Finished Sq Ft: 1532
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Sq Ft: 72
  • Price Per Sq Ft: 55.81
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x11, On Level: Main
  • Kitchen: Dimensions: 18x7, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Den: Dimensions: 13x7, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Bedroom 4: Dimensions: 13x7, On Level: Upper
  • Other Room1: Dimensions: 17x63, On Level: Main
  • Main Level Sq Ft: 1252
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 72

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Metal, Rubber, Shingle
  • Outbuilding1: Shed, Dimensions: 16x10

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Laundry: Dimensions: Mainx11, On Level: 11
  • Well Type: Private

Schools

  • School District: Wawasee
  • Elementary School: Milford
  • Middle School: Wawasee
  • High School: Wawasee
  • Elementary School: Milford

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 53x124, 53x124
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 83.88
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

  • High School: Wawasee
  • Middle School: Wawasee
  • School District: Wawasee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Oct 2, 2020
Sold by
Rovenstine Robin R and Estate Of Robert Eugene Auer
Bought by
Berg Richard A
Seller's Agent
Sally Bailey
Coldwell Banker Real Estate Group
Buyer's Agent
Rita Davis-Roberts
Re/Max Partners
List Price
$95,000
Sold Price
$85,500
Premium/Discount to List
-$9,500
-10%
Current Estimated Value
$148,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,913
Avg. Annual Appreciation
11.99%
Original Mortgage
$87,466
Outstanding Balance
$78,670
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$69,746
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
Berg Richard A $85,500 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Richard A $87,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $85,500 +0.7% $56 / Sq Ft
07/28/2020 07/28/20 Price Changed $84,900 -10.6% $55 / Sq Ft
05/29/2020 05/29/20 For Sale $95,000 -- $62 / 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 $2,059 $116,500 $20,300 $96,200
2023 $1,948 $108,900 $20,300 $88,600
2022 $1,755 $99,800 $20,300 $79,500
2021 $1,604 $87,000 $20,300 $66,700
2020 $85 $86,500 $17,600 $68,900
2019 $84 $83,200 $17,600 $65,600
2018 $99 $80,000 $17,600 $62,400
2017 $86 $73,600 $17,600 $56,000
2016 $85 $70,300 $14,800 $55,500
2014 $77 $63,600 $12,900 $50,700
2013 $77 $63,900 $13,200 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202019967

Indiana Regional MLS

APN: 43-03-08-200-512.000-028