NOT LISTED FOR SALE

516 W Mechanic St Shelbyville, IN 46176

Estimated Value: $104,000 - $140,000

2 Beds
1 Bath
1,180 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $6,600 $6 Per Sq Ft

Est. 1,786% increase in value since last sale

Current estimated payment $736/month

Highlights

  • Covered Patio or Porch
  • Bungalow
  • Forced Air Heating and Cooling System
  • Woodwork
  • 1-Story Property
  • 4-minute walk to Sunset Park

About This Home

As of February 2014

Cute bungalow with two bedrooms, one bathroom, and 1900's charm. Awaiting your decorating techniques for this home. TLC needed

Last Agent to Sell the Property

Melissa Freeman

Berkshire Hathaway Home License #RB14028049 Listed on: 09/03/2013

Berkshire Hathaway Home

Co-Listed By

Rita Williams

Berkshire Hathaway Home License #RB14010738

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,704

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Whaley Mech Subdivision

Listing and Financial Details

  • Assessor Parcel Number 730731400180000002

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1910
  • Garage Y N: No
  • Subdivision Name: WHALEY MECH
  • Inspection Warranties: Not Applicable
  • Property Description: Cute bungalow with two bedrooms, one bathroom, and 1900's charm. Awaiting your decorating techniques for this home. TLC needed
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Living Area: 1180
  • Other Equipment: Network Ready
  • Room Count: 4
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 590
  • Main Level Sq Ft: 590
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1180
  • Below Grade Sq Ft: 590
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 18000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Parking Other: Street Parking Only

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730731400180000002
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 0
  • Lot Size: 40x118

Tax Info

  • Tax Annual Amount: 918
  • Semi Annual Property Tax Amt: 459
  • Tax Exemption: None

MLS Schools

  • School District: Shelbyville Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Jan 16, 2014
Sold by
Federal National Mortgage Association
Bought by
Kaja Holdings 2 Llc
Seller's Agent
Melissa Freeman
Berkshire Hathaway Home
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$22,000
Sold Price
$6,600
Premium/Discount to List
-$15,400
-70%
Current Estimated Value
$124,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,908
Avg. Annual Appreciation
28.57%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Pettit Richard D and Pettit Richard Dale
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kaja Holdings 2 Llc $6,600 Servicelink
Federal National Mortgage Association $62,391 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $6,600 0.0% $6 / Sq Ft
12/03/2013 12/03/13 Off Market $6,600 -- --
11/20/2013 11/20/13 Price Changed $18,000 -10.0% $15 / Sq Ft
10/09/2013 10/09/13 Price Changed $20,000 -9.1% $17 / Sq Ft
09/03/2013 09/03/13 For Sale $22,000 -- $19 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $997 $39,900 $8,300 $31,600
2023 $904 $39,900 $8,500 $31,400
2022 $904 $39,000 $8,300 $30,700
2021 $780 $39,000 $8,900 $30,100
2020 $780 $39,000 $9,200 $29,800
2019 $504 $25,200 $5,900 $19,300
2018 $727 $24,600 $5,900 $18,700
2017 $562 $24,600 $6,000 $18,600
2016 $776 $24,600 $5,900 $18,700
2014 $930 $46,500 $10,100 $36,400
2013 $930 $46,500 $10,100 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21253767

MIBOR Broker Listing Cooperative®

APN: 73-07-31-400-180.000-002