NOT LISTED FOR SALE

518 W Grace St Rensselaer, IN 47978

Marion Neighborhood

Estimated Value: $201,000 - $246,000

3 Beds
1.5 Baths
2,256 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $170,000 $75 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,247/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Recreation Room
  • Covered Patio or Porch
  • Living Room

About This Home

As of August 2022

This Home has SO MUCH to Offer!! 2256 SF total on the Main and Upper Levels and another 1128 unfinished in the basement! Lovely Hardwood Floors throughout the Main Level with the exception of the Kitchen and Bath. A Large Living Room, 2 Nice Bedrooms and an entry complete the main level. The Upper Level has a Large Bedroom and a Rec Room with a lot of storage! An Attached Garage with storage above via a stairway, New Roof and Recent Boiler. Vinyl Windows and Siding! This home is a must see as you can't appreciate it until you go in! Give us a call for your private showing!

Last Agent to Sell the Property

Terri Phegley

Cornerstone Real Estate Agency License #RB14016585 Listed on: 07/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $541

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • Living Room
  • Recreation Room
  • Basement

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rensselaer Central Primary Elementary School
  • Rensselaer Central High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 370730006009009027

Home Details

Home Type

Single Family

Est. Annual Taxes

$541

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR983
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 1128
  • GNR_HeatSystem: Hot Water
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Portable Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Porch-Covered, Patio
  • Acres: 0.26

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Off Street, Other

Utilities

  • Utilities: On
  • Cooling Y N: No
  • Heating: Natural Gas

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11326
  • Parcel #: 370730006009009027

Tax Info

  • Year: 2021
  • Tax Annual Amount: 541

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • HighSchool: Rensselaer Central High School
  • Elementary School: Rensselaer Central Primary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 5, 2022
Sold by
Inez Rowland
Bought by
Byurs Robert L and Byars Leena M
Seller's Agent
Terri Phegley
Cornerstone Real Estate Agency
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$215,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,745
Avg. Annual Appreciation
9.39%
Original Mortgage
$85,000
Outstanding Balance
$81,688
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$142,268
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
Byurs Robert L $170,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byars Robert L $10,000
Open Byurs Robert L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $170,000 -5.5% $75 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $179,900 -- $80 / 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 $852 $160,300 $22,500 $137,800
2023 $794 $156,400 $22,500 $133,900
2022 $375 $116,100 $19,500 $96,600
2021 $541 $126,200 $19,500 $106,700
2020 $508 $123,800 $19,500 $104,300
2019 $502 $123,100 $18,800 $104,300
2018 $477 $122,200 $18,800 $103,400
2017 $404 $115,900 $18,800 $97,100
2016 $378 $115,300 $18,800 $96,500
2014 $370 $113,600 $18,800 $94,800
Source: Public Records

Agents Affiliated with this Home

  • Terri Phegley

    Seller's Agent in 2022

    Terri Phegley

    Cornerstone Real Estate Agency

    (219) 863-2206

    103 in this area

    175 Total Sales

    Terri Phegley
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515629

Northwest Indiana Association of REALTORS®

APN: 37-07-30-006-009.009-027

Indiana Jasper County Rensselaer 47978 Marion

518 W Grace St, Rensselaer, IN

This home is located at 518 W Grace St, Rensselaer, IN 47978 since 05 July 2022 and is currently estimated at $215,745, approximately $95 per square foot. This property was built in 1947. 518 W Grace St is a home located in Jasper County with nearby schools including Rensselaer Central Primary School, Van Rensselaer Elementary School, and Rensselaer Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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