$115,000
SOLD APR 2, 2025

516 Patterson St Decatur, IN 46733

2 Beds
1 Bath
800 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

4% Below List Price

1 Day on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Wood Fence
  • 1-Story Property

About This Home

As of April 2025

Welcome to a delightful 2-bedroom, 1-bathroom home, offering 800 sq ft of comfortable living space. This well-maintained property combines vintage charm with modern conveniences, featuring a brand-new fence that provides privacy and security for its spacious backyard—perfect for entertaining, gardening, or simply enjoying the outdoors. It’s an ideal choice for first-time buyers or those seeking a cozy retreat!

Last Agent to Sell the Property

Zac Compton

Coldwell Banker Real Estate Gr Brokerage Phone: 260-238-0400 Listed on: 01/17/2025

Coldwell Banker Real Estate Gr

Last Buyer's Agent

Warren Barnes

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 1935

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 136 x 54
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Southeast Elementary School
  • Bellmont Middle School
  • Bellmont High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 01-05-03-209-009.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1935
  • Style: One Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MEIBERS SUB LOT 704 |
  • Parcel Number ID: 01-05-03-209-009.000-022
  • Platted: Yes
  • Cross Street: 5th Street
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 800
  • Total Finished Sq Ft: 800
  • Above Grade Finished Sq Ft: 800
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 10x13, On Level: Main
  • Bedroom 2: Dimensions: 9x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x13
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Southeast

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 136 x 54
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 426.72

MLS Schools

  • High School: Bellmont
  • Middle School: Bellmont
  • School District: North Adams Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Luginbill Jeffrey D and Luginbill Julia L
Bought by
Pilkington Corey A
Current Estimated Value
$118,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Outstanding Balance
$76,549
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$42,161

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jun 14, 2017
Sold by
Niblick Nora
Bought by
Luginbill Jeffrey D and Luginbill Julia L
Seller's Agent
Nora Niblick
Ideal REALTORS
Buyer's Agent
Nora Niblick
Ideal REALTORS
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$39,200
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,550 New Conventional
Previous Owner $39,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2025 04/02/25 Sold $115,000 -4.2% $144 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $120,000 +144.9% $150 / Sq Ft
06/14/2017 06/14/17 Sold $49,000 -18.2% $61 / Sq Ft View Prior Sale
05/19/2017 05/19/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $59,900 -- $75 / 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 $463 $67,500 $13,900 $53,600
2023 $303 $62,700 $13,900 $48,800
2022 $303 $58,200 $13,900 $44,300
2021 $297 $55,400 $13,300 $42,100
2020 $1,058 $52,900 $13,300 $39,600
2019 $1,044 $52,200 $13,300 $38,900
2018 $1,006 $50,300 $13,300 $37,000
2017 $998 $49,900 $13,100 $36,800
2016 -- $49,100 $13,100 $36,000
2014 -- $47,600 $13,100 $34,500
2013 $237 $46,200 $13,100 $33,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202501533

Indiana Regional MLS

APN: 01-05-03-209-009.000-022