NOT LISTED FOR SALE

5240 E 500 S Knox, IN 46534

Estimated Value: $90,000 - $223,000

3 Beds
1 Bath
1,882 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $126,500 $67 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $914/month

6 Days on Market

Highlights

  • Rural View
  • No HOA
  • Tile Flooring

About This Home

As of August 2024

OLDER FARMHOUSE WITH POLE BARN NEAR BASS LAKE - 1882 SF home with 3 bedrooms, large living room and partial basement. Includes 24'X40' pole barn and circular driveway. Beautiful setting on 2.49 acres near Bass Lake. 500 S.

Last Agent to Sell the Property

Jason Wampler

RE/MAX 1st Choice License #RB14035810 Listed on: 06/17/2024

RE/MAX 1st Choice

Last Buyer's Agent

Jason Wampler

RE/MAX 1st Choice License #RB14035810 Listed on: 06/17/2024

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 1929

Lot Details

  • 2.49 Acre Lot

Interior Spaces

  • 1.5-Story Property
  • Rural Views
  • Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Knox Community Elementary School
  • Knox Community High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 75-10-12-300-026.100-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$946

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Level
  • Reso View: Rural
  • Co List Office Mls Id: NRA1133
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1882
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • AboveGradeUnfinishedArea: 1882.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: None
  • Basement: Walk-Up Access
  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Acres: 2.49

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Knox

Lot Info

  • Lot Dimensions: 2.49AC
  • Lot Size Sq Ft: 108464.4
  • Additional Parcels: No
  • Parcel #: 75-10-12-300-026.100-002

Tax Info

  • Year: 2023
  • Tax Annual Amount: 946

MLS Schools

  • HighSchool: Knox Community High School
  • Elementary School: Knox Community Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 16, 2024
Sold by
Antonijevic Rados
Bought by
Mihale Mike D
Seller's Agent
Jason Wampler
RE/MAX 1st Choice
Buyer's Agent
Jason Wampler
RE/MAX 1st Choice
List Price
$89,900
Sold Price
$126,500
Premium/Discount to List
$36,600
40.71%
Views
145
Current Estimated Value
$159,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,361
Avg. Annual Appreciation
17.78%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 8, 2016
Sold by
U S Bank Na
Bought by
Antonijevic Rados
Seller's Agent
Allen Watkins
McColly Real Estate
List Price
$32,500
Sold Price
$32,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.82%

Purchase Details

Closed on
Apr 26, 2016
Sold by
Tobin Eileen M and Tobin Phillip K
Bought by
Us Bank Na and Springleaf Mortgage Loan Trust 2012 1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mihale Mike D -- None Listed On Document
Antonijevic Rados $32,500 Lenderlive Settlement Servic
Us Bank Na $93,555 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $126,500 +40.7% $67 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $89,900 +176.6% $48 / Sq Ft
09/27/2016 09/27/16 Sold $32,500 0.0% $13 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $32,500 -- $13 / 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 $936 $63,100 $28,600 $34,500
2023 $898 $56,700 $24,900 $31,800
2022 $898 $52,800 $23,200 $29,600
2021 $879 $46,300 $22,300 $24,000
2020 $915 $47,000 $22,100 $24,900
2019 $845 $40,500 $21,900 $18,600
2018 $796 $38,300 $20,200 $18,100
2017 $767 $37,100 $20,100 $17,000
2016 $106 $36,300 $20,000 $16,300
2014 $239 $66,100 $19,800 $46,300
2013 $220 $65,300 $19,300 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 805519

Northwest Indiana Association of REALTORS®

APN: 75-10-12-300-026.100-002