NOT LISTED FOR SALE

5178 N County Road 500 E Mooreland, IN 47360

Estimated Value: $285,792 - $1,005,000

3 Beds
1 Bath
1,780 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $200,000 $112 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,822/month

19 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Formal Dining Room
  • Pole Barn
  • No HOA
  • 2 Car Detached Garage

About This Home

As of March 2020

Ready for some space? 3.5 acres in Blue River Schools with a unique, nicely updated farm house, a HUGE barn, detached garage plus two additional outbuildings. This home is ready to move in. An updated kitchen and bath include wood finishes that are planks harvested from the property. There's a huge dining room that opens to a massive living room with a gorgeous stone fireplace. And the dining room also contains a secret that you'll love. Additional entertaining options include a 3 season wrap around porch in the front and a large paver patio with fire pit in back. This home has a great location with wide open spaces, is less than 2 minutes from Summit Lake, and is a short drive between New Castle and Muncie. Come see this amazing value!

Last Agent to Sell the Property

Steve Thompson

F.C. Tucker/Thompson Listed on: 01/24/2020

F.C. Tucker/Thompson

Last Buyer's Agent

IUO Non-BLC Member

Non-BLC Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 1900

Lot Details

  • 3.5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Pole Barn
  • Shed
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 330816000301000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Building Area Total: 2222
  • Garage Y N: Yes
  • Lot Size Acres: 3.5
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: steve@thompson.team
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Crawl Space
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1780
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2222

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Barn Storage
  • Patio And Porch Features: Wrap Around

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 152460
  • Parcel Number: 330816000301000001
  • Acres: 3-5 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1712
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 856
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 9, 2020
Sold by
Smith Colby B
Bought by
Thompson Benjamin J and Thompson Allie A
Seller's Agent
Steve Thompson
F.C. Tucker/Thompson
Buyer's Agent
IUO Non-BLC Member
Non-BLC Office
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$504,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,698
Avg. Annual Appreciation
17.18%
Original Mortgage
$202,020
Outstanding Balance
$178,918
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$325,780

Purchase Details

Listed on
Aug 6, 2015
Closed on
Apr 20, 2016
Sold by
Luellen Randy and Luellen Jana
Bought by
Smith Colby B
Seller's Agent
Susan Falck-Neal
RE/MAX First Integrity
Buyer's Agent
Steve Thompson
F.C. Tucker/Thompson
List Price
$199,900
Sold Price
$155,000
Premium/Discount to List
-$44,900
-22.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$140,493
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Murray Karen S
Bought by
Luellen Randy and Luellen Jana
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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Purchase History

Date Buyer Sale Price Title Company
Thompson Benjamin J -- Rowland Title Company Inc
Smith Colby B -- None Available
Luellen Randy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Benjamin J $202,020
Previous Owner Smith Colby B $140,493
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2020 03/10/20 Sold $200,000 +0.1% $112 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $199,900 +29.0% $112 / Sq Ft
04/20/2016 04/20/16 Sold $155,000 -18.4% $70 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
11/18/2015 11/18/15 Price Changed $189,900 -5.0% $85 / Sq Ft
08/06/2015 08/06/15 For Sale $199,900 -- $90 / 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 $2,191 $199,400 $27,000 $172,400
2023 $1,965 $167,500 $27,000 $140,500
2022 $2,042 $171,900 $27,000 $144,900
2021 $1,813 $150,400 $27,000 $123,400
2020 $2,453 $158,600 $27,000 $131,600
2019 $2,351 $156,400 $27,000 $129,400
2018 $2,263 $155,400 $27,000 $128,400
2017 $2,135 $153,600 $27,000 $126,600
2016 $5,593 $248,600 $129,700 $118,900
2014 $3,760 $255,900 $135,000 $120,900
2013 $3,760 $233,400 $118,100 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21690620

MIBOR Broker Listing Cooperative®

APN: 33-08-16-000-301.000-001