NOT LISTED FOR SALE

517 N Main St Cloverdale, IN 46120

Estimated Value: $279,000 - $343,000

3 Beds
1 Bath
1,464 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $286,000 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,763/month

293 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Combination Kitchen and Dining Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of June 2020

A rare opportunity to own a hobby farm on nearly 9 acres in town, but feel like you're out in the country. Very close to I-70 for easy commuting to Indy or Terre Haute. You'll be impressed with the privacy & beautiful country views out every window. Historic 4-story bank barn has room for livestock below & has hosted events on upper levels. A lean-to for tractors, trailers & equipment. Roughly 5 acres fenced & electrified for livestock. The low maintenance 1-level ranch home features an oversized 2-car garage, beautifully updated kitchen w/quartz counters, large living rm w/hardwood flrs & picture window, master suite w/fireplace & sitting rm, 2 additional bedrooms, updated full bath, & utility room. Pole barn w/oversized doors & workshop.

Last Agent to Sell the Property

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 07/05/2019

Co-Listed By

Jennifer McCune

Prime Real Estate ERA Powered License #RB16000472

Last Buyer's Agent

Steve Custis

RE/MAX Cornerstone

RE/MAX Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1956

Lot Details

  • 8.32

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,464 Sq Ft Home
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 8.32 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 671331500001001003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,284

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1956
  • Co List Office Phone: 765-653-4663
  • Garage Y N: Yes
  • Lot Size Acres: 8.32
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: A rare opportunity to own a hobby farm on nearly 9 acres in town, but feel like you're out in the country. Very close to I-70 for easy commuting to Indy or Terre Haute. You'll be impressed with the privacy & beautiful country views out every window. Historic 4-story bank barn has room for livestock below & has hosted events on upper levels. A lean-to for tractors, trailers & equipment. Roughly 5 acres fenced & electrified for livestock. The low maintenance 1-level ranch home features an oversized 2-car garage, beautifully updated kitchen w/quartz counters, large living rm w/hardwood flrs & picture window, master suite w/fireplace & sitting rm, 2 additional bedrooms, updated full bath, & utility room. Pole barn w/oversized doors & workshop.
  • Transaction Type: Sale
  • Website: www.primerealestateprofessionals.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop,Dishwasher,Dryer,Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors,Windows Thermal,Wood Work Stained
  • Living Area: 1464
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Areas Interior: Laundry in Garage,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1464
  • Main Level Sq Ft: 1464
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Patio,Sitting Room
  • Total Sq Ft: 1464
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Brick,Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse,Barn Pole,Driveway Gravel,Fence Partial,Out Building With Utilities
  • Foundation Details: Crawl Space
  • List Price: 289900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached,Multiple Garages
  • Garage Parking Other: Floor Drain,Garage Door Opener,Finished Garage,Heated,Service Door
  • Garage Sq Ft: 728

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail,Municipal Sewer Available,Municipal Water Available,Private Well 2nd Source
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 671331500001001003
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,Irregular,Not In Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 362,419

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2284
  • Semi Annual Property Tax Amt: 1142
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Cloverdale Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jun 3, 2020
Sold by
Galloway Joseph Wayne and Galloway Cheryl Ann
Bought by
Scott Arthur L and Scott Rachel A
Seller's Agent
Eric Wolfe
Prime Real Estate ERA Powered
Buyer's Agent
Steve Custis
RE/MAX Cornerstone
List Price
$305,000
Sold Price
$286,000
Premium/Discount to List
-$19,000
-6.23%
Current Estimated Value
$310,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,084
Avg. Annual Appreciation
1.51%
Original Mortgage
$286,000
Outstanding Balance
$253,990
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$56,094

Purchase Details

Closed on
Jul 3, 2013
Sold by
Galloway Joseph Wayne and Galloway Cheryl Ann
Bought by
Galloway Joseph Wayne and Galloway Cheryl Ann

Purchase Details

Closed on
Dec 22, 2007
Sold by
Galloway Joseph Wayne
Bought by
Galloway Joseph Wayne and Galloway Cheryl Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.25%
Mortgage Type
Assumption
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
Scott Arthur L -- None Available
Galloway Joseph Wayne -- None Available
Galloway Joseph Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Arthur L $286,000
Previous Owner Galloway Joseph Wayne $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $286,000 -1.3% $195 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $289,900 -2.6% $198 / Sq Ft
10/02/2019 10/02/19 Price Changed $297,500 -2.5% $203 / Sq Ft
07/05/2019 07/05/19 For Sale $305,000 -- $208 / 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 $1,474 $196,400 $51,900 $144,500
2023 $1,673 $175,600 $51,900 $123,700
2022 $1,616 $174,100 $51,900 $122,200
2021 $1,485 $159,600 $51,900 $107,700
2020 $1,539 $159,800 $51,900 $107,900
2019 $2,246 $160,000 $51,900 $108,100
2018 $2,246 $160,100 $51,900 $108,200
2017 $2,042 $154,400 $51,900 $102,500
2016 $1,909 $153,500 $51,900 $101,600
2014 $4,022 $301,000 $103,800 $197,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21652212

MIBOR Broker Listing Cooperative®

APN: 67-13-31-500-001.001-003