$85,000
SOLD MAY 23, 2012

516 Gibson Cir Ossian, IN 46777

4 Beds
2.5 Baths
1,984 Sq Ft
0.36 Acres

Recently Sold

$43 Per Sq Ft

23% Below List Price

73 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of June 2020

large 4 bedroom home on nice corner lot, taxes reflects no exemptions.

Last Agent to Sell the Property

Bill McBride

McBride & Associates Real Esta Listed on: 01/31/2012

Last Buyer's Agent

Cyndee Fiechter

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1975

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 113x139
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 900216513016000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1975
  • Age: 37
  • Style: Two Story
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Rose Ann Heights #2 lot 16
  • Parcel Number ID: 900216513016000009
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Garage Door Opener, Patio Open, Porch Covered, Range/Oven Hook Up Gas
  • Location: City/Town/Suburb
  • Sp Lp Percent: 94.55
  • State Id: 90-02-16-513-016.000-009
  • Special Features: None

Interior Features

  • Total Sq Ft: 1984
  • Total Finished Sq Ft: 1984
  • Above Grade Finished Sq Ft: 1984
  • Price Per Sq Ft: 42.84
  • Basement Foundation: Slab
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 9x11, On Level: Main
  • Breakfast Room: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 12x18, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 11x16, On Level: Upper
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 9x13, On Level: Upper
  • Bedroom 4: Dimensions: 10x13, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: On Level: 6

Schools

  • School District: Northern Wells Community
  • Elementary School: Ossian
  • Middle School: Norwell
  • High School: Norwell

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 113x139
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36
  • Lot Number: 16
  • Zoning: R1 One Family Residence

Tax Info

  • Annual Taxes: 2049.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jun 17, 2020
Sold by
Werling Jay A and Werling Barbara S
Bought by
Gerz Andrew J and Gerz Ashley K
Seller's Agent
Blake Fiechter
Steffen Group
Buyer's Agent
Blake Fiechter
Steffen Group
List Price
$191,000
Sold Price
$191,000
Current Estimated Value
$280,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,109
Avg. Annual Appreciation
7.98%
Original Mortgage
$192,929
Outstanding Balance
$172,893
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$109,707

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 23, 2012
Sold by
Mortgage Corp Federal Home Loan
Bought by
Weling Jay A and Weling Barbara S
Seller's Agent
Bill McBride
McBride & Associates Real Esta
Buyer's Agent
Cyndee Fiechter
North Eastern Group Realty
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$105,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 21, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Werling Jay A and Werling Barbara S
Seller's Agent
Bill McBride
McBride & Associates Real Esta
Buyer's Agent
Cyndee Fiechter
North Eastern Group Realty
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2012
Sold by
Fisher Monte Sheriff
Bought by
Loan Mortgage Corp Federal Home
Source: Public Records

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    Jeremy Luther RE/MAX Results

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $85,000 --
Special Warranty Deed -- None Available
Warranty Deed $73,676 Felwell & Hannoy Pc
Sheriffs Deed $73,675 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,400 Credit Line Revolving
Open $192,929 New Conventional
Previous Owner $23,500 New Conventional
Previous Owner $106,400 New Conventional
Previous Owner $105,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $191,000 0.0% $96 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $191,000 +124.7% $96 / Sq Ft
05/23/2012 05/23/12 Sold $85,000 -22.7% $43 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $109,900 -- $55 / 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 $1,750 $254,300 $62,500 $191,800
2023 $1,566 $236,300 $44,500 $191,800
2022 $1,185 $187,600 $27,100 $160,500
2021 $1,075 $176,300 $27,100 $149,200
2020 $912 $170,900 $27,100 $143,800
2019 $889 $162,700 $27,100 $135,600
2018 $730 $143,500 $24,100 $119,400
2017 $598 $143,900 $24,100 $119,800
2016 $608 $144,100 $24,100 $120,000
2014 $473 $120,500 $23,800 $96,700
2013 $443 $122,500 $22,800 $99,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201201100

Indiana Regional MLS

APN: 90-02-16-513-016.000-009