NOT LISTED FOR SALE

518 E Washington St Fairmount, IN 46928

Estimated Value: $92,000 - $135,245

3 Beds
1 Bath
2,284 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $41,000 $18 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $659/month

24 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • 1 Car Attached Garage
  • No HOA
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of April 2016

Built in 1928, lots of original woodwork, fireplace. Pocket doors. Parlor. Large formal dining room with built-in bookcases. Eat-in kitchen, updated in the 80's. One car attached garage with an opener. Newer garage door. Covered front "L" shaped porch. City sidewalks. Small chain link fenced area in the rear. Shade trees.

Last Agent to Sell the Property

Rickie Sipe

Property House, Inc. Listed on: 01/29/2016

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1928

Lot Details

  • 0.29

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • 0.29 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 271029301014000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1928
  • Building Area Total: 2680
  • Garage Y N: Yes
  • Lot Size Acres: 0.29
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: rickie@indy.net
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished, Crawl Space
  • Appliances: Dishwasher, Electric Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Wood Work Stained, Eat-in Kitchen
  • Living Area: 2284
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1340
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 944
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2680

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Foundation Details: Block
  • List Price: 44900
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Hot Water, Gas
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 68
  • Parcel Number: 271029301014000004
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 330
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 165
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 29, 2016
Sold by
U S Bank National Association
Bought by
Finch Ann M
Seller's Agent
Rickie Sipe
Property House, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$44,900
Sold Price
$41,000
Premium/Discount to List
-$3,900
-8.69%
Current Estimated Value
$111,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,311
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Pennington Sharyse M and Pennington John D
Bought by
U S Bank Na

Purchase Details

Closed on
May 10, 2007
Sold by
Randolph Raymon C and Randolph Tracy A
Bought by
Pennington John D and Pennington Sharyse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Finch Ann M -- None Available
U S Bank Na $50,000 None Available
Pennington John D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennington John D $68,000
Previous Owner Pennington Sharyse M $17,000
Previous Owner Randolph Raymon C $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $41,000 -8.7% $18 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $44,900 -- $20 / 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 $464 $85,500 $11,000 $74,500
2023 $1,041 $112,900 $11,000 $101,900
2022 $768 $97,400 $9,700 $87,700
2021 $599 $84,000 $9,700 $74,300
2020 $483 $80,900 $9,700 $71,200
2019 $467 $79,600 $9,700 $69,900
2018 $453 $76,700 $9,200 $67,500
2017 $404 $74,500 $9,200 $65,300
2016 $1,029 $56,400 $9,200 $47,200
2014 $332 $72,900 $10,300 $62,600
2013 $332 $70,300 $10,300 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21396608

MIBOR Broker Listing Cooperative®

APN: 27-10-29-301-014.000-004