NOT LISTED FOR SALE

5177 E 350 N Rolling Prairie, IN 46371

Estimated Value: $374,995 - $442,000

4 Beds
2 Baths
2,444 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $395,000 $162 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,389/month

13 Days on Market

Highlights

  • Barn
  • Stables
  • Deck
  • New Prairie High School Rated 9+
  • Pasture Views
  • Wood Burning Stove

About This Home

As of May 2024

Gorgeous 10-acre estate featuring a well-equipped horse barn and multiple corrals awaits you! This mini-farm gem offers the charm of country living coupled with the practicality of low taxes. Situated on a sprawling 10-acre parcel, the property boasts 7.5 acres of annual alfalfa income, along with a fenced pasture spanning an acre, ideal for horses and other farm animals.The centerpiece of the property is a two-story 40x64 barn, complete with a 16x64 lean-to featuring an overhead door. Constructed in 1993, this barn is fully equipped with its own 100-amp electric service, partial heating, and a water supply. The second floor serves as a spacious storage loft, currently utilized for hay storage.The main residence is a spacious two-story home, featuring a large kitchen adorned with flooring, countertops, stunning maple cabinets, sink, and appliances that will remain with the property. With four bedrooms, two baths, and a basement offering ample space, there's room for everyone, including related living arrangements.Additional amenities include a 24-ft octagon fenced-in area, upgraded 200-amp electric service, a recently replaced roof, high-efficiency furnace, central air conditioning, hot water heater, water softener, and more.Nestled in a desirable location with excellent schools nearby, this property presents an incredible opportunity to create your dream home. While some cosmetic finishes are needed, once completed, the value of this property is estimated to exceed $500,000. Don't let this chance slip away to transform this property into your ideal sanctuary!

Last Agent to Sell the Property

Jeff McCormick

McCormick Real Estate, Inc. License #RB14033291 Listed on: 04/11/2024

Co-Listed By

Hector Calderon

Haven Realty License #RB23001446

Last Buyer's Agent

Christina Steele

Atlas Real Estate Associates, License #RB14050545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1977

Lot Details

  • 2.69 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Additional Parcels
  • Zoning described as Rural Residential

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Pasture
  • Rural

Home Design

  • Block Foundation

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Aluminum Window Frames
  • Living Room
  • Basement

Kitchen

  • Electric Range
  • Portable Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Rear Porch

Schools

  • New Prairie High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 46-07-13-100-003.000-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,455

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Room, Gas Dryer Hookup
  • ResoLotFeatures: Back Yard, Farm, Paved, Pasture, Many Trees, Level, Landscaped, Horses Allowed, Front Yard
  • ResoPoolFeatures: None
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Pasture, Rural
  • ResoOtherEquipment: Farm Equipment, Satellite Dish
  • Co List Office Mls Id: NRA1136
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 2444
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Barn(s), Stable(s), Storage, RV/Boat Storage, Garage(s), Corral(s), Boat House
  • Property Attached Yn: No
  • ResoWindowFeatures: Aluminum Frames
  • Financial Info Electric: 220 Volts, Circuit Breakers
  • AuctionYN: No
  • AccessibilityFeaturesYN: No
  • AboveGradeUnfinishedArea: 0.00
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Oven, Refrigerator, Portable Dishwasher, Electric Range
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Basement: Partial, Unfinished, Sump Pump
  • Flooring: Carpet, Laminate, Hardwood, Ceramic Tile
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Other, Storage
  • Fencing: Back Yard, Partial, Wood, Wire, Split Rail, Fenced, Gate
  • Acres: 2.69
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Deck, Rear Porch, Patio
  • Reso Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Driveway, RV Garage, Paved, Parking Pad, Oversized, On Street, On Site, Lighted, Inside Entrance, Garage Faces Side, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Wood, Wood Stove, Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: New Prairie United

Lot Info

  • Lot Dimensions: 2.690 AC
  • Lot Size Sq Ft: 117176.4
  • Additional Parcels: Yes
  • Parcel #: 46-07-13-100-003.000-068
  • Zoning Description: Rural Residential

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2455.32

MLS Schools

  • HighSchool: New Prairie High School

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 22, 2024
Sold by
Trust Number 5177 and Pasco Alan J
Bought by
Blue Isaac J and Blue Jenna L
Seller's Agent
Jeff McCormick
McCormick Real Estate, Inc.
Buyer's Agent
Christina Steele
Atlas Real Estate Associates,
List Price
$449,900
Sold Price
$395,000
Premium/Discount to List
-$54,900
-12.2%
Views
61
Current Estimated Value
$414,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,749
Avg. Annual Appreciation
3.26%
Original Mortgage
$295,000
Outstanding Balance
$291,034
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$123,715

Purchase Details

Closed on
Oct 3, 2017
Sold by
Pasco Alan J
Bought by
Pasco Alan J

Purchase Details

Closed on
May 31, 2007
Sold by
Stoner Donald A and Stoner Bonnie L
Bought by
Pasco Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Isaac J $395,000 Fidelity National Title
Pasco Alan J -- None Available
Pasco Alan J -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Isaac J $295,000
Previous Owner Pasco Alan J $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $395,000 -12.2% $162 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $449,900 -- $184 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $2,455 $258,000 $42,900 $215,100
2023 $2,455 $239,500 $42,400 $197,100
2022 $2,645 $234,700 $41,800 $192,900
2021 $2,560 $220,000 $41,500 $178,500
2020 $2,585 $220,000 $41,500 $178,500
2019 $2,558 $205,400 $36,000 $169,400
2018 $2,383 $205,400 $36,000 $169,400
2017 $2,187 $191,600 $36,000 $155,600
2016 $2,540 $201,200 $36,000 $165,200
2014 $2,588 $246,200 $26,800 $219,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 802301

Northwest Indiana Association of REALTORS®

APN: 46-07-13-100-003.000-068