516 Patterson St Decatur, IN 46733
2
Beds
1
Bath
800
Sq Ft
7,405
Sq Ft Lot
Highlights
- 1 Car Attached Garage
- 1-Story Property
- Wood Fence
- Bellmont High School Rated A-
- Central Air
About This Home
As of April 2025Welcome 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
Coldwell Banker Real Estate Gr Brokerage Phone: 260-238-0400 Listed on: 01/17/2025
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
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
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
$76,882
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$40,906
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
11.27%
Original Mortgage
$39,200
Interest Rate
4.02%
Mortgage Type
New Conventional
Similar Homes in Decatur, IN
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
Average Home Value in this Area
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 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $84,550 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $39,200 | New Conventional | |
| Previous Owner | $51,200 | New Conventional | |
| Previous Owner | $19,119 | Stand Alone Second | |
| Previous Owner | $40,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Zac Compton
Seller's Agent in 2025
Zac Compton
Coldwell Banker Real Estate Gr
(260) 238-0400
54 Total Sales
-
Warren Barnes
Buyer's Agent in 2025
Warren Barnes
North Eastern Group Realty
(260) 438-5639
384 Total Sales
-
Nora Niblick
N
Seller's Agent in 2017
Nora Niblick
Ideal REALTORS
(260) 724-7402
5 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202501533
APN: 01-05-03-209-009.000-022
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