NOT LISTED FOR SALE

5248 E Us Highway 40 Straughn, IN 47387

Estimated Value: $176,000 - $266,000

3 Beds
2 Baths
1,906 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $16,000 $8 Per Sq Ft

Est. 1,286% increase in value since last sale

Current estimated payment $1,239/month

84 Days on Market

About This Home

As of February 2012

PROPERTY HAS BEEN APPROVED FOR AUCTION IN THE NEAR FUTURE DETAILS TO FOLLOW. CORNER LOT ON THE EAST SIDE OF STRAUGHN. GORGEOUS ORIGINAL WOODWORK AND BUILT INS. HUD HOME 151-829850 SOLD AS-IS. SEE HUDHOMESTORE.COM FOR BIDDING DETAILS. COMBO 6776 This property is listed insurable.This property and the terms of its sale is now under auction terms and conditions. All pre -auction event bids should be submitted through www.auction.com, the auction firm. This sale of this property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). Please contact the listing (auction managing) agent for co-op commission information and details, as the co-op commissions may change between the pre-auction event sales and the auction periods. This is a reserve auction and all pre-auction bids are subject to seller approval. Please contact listing (auction managing) agent for specific details

Last Agent to Sell the Property

SHELLY BURRIS

Better Homes and Gardens First Realty Group License #RB14033875 Listed on: 11/10/2011

Last Buyer's Agent

SALLY THOMPSON

RE/MAX Integrity Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 4,356 Sq Ft Lot

Interior Spaces

  • 1,906 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Henry County Elementary And Middle School
  • Henry County High School

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

4,356 Sq Ft Lot

Listing Details

  • OFFICELIST_ADDRESS: 5248 E U.S. 40
  • Estimated Year Built: 1906
  • Bank Corporate Owned: Yes
  • Directions: U.S. 40 EAST SIDE OF STRAUGN.
  • Geo Longitude: -85.286924
  • Geo Quality: 0.9
  • Geo Zoom Level: 15
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1906

Interior Features

  • Primary Bathroom: No
  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 8.39
  • Basement Type: Single Family

Garage/Parking

  • Garage Capacity: 0

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Henry County
  • High School: Henry County
  • Middle School: Henry County

Lot Info

  • Geo Update Timestamp: 2012-02-25
  • Estimated Number Acres: 0.1
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2014
Sold by
Clouse Realty Group Llc
Bought by
Creasy Beau B and Creasy Meressa
Current Estimated Value
$221,769

Purchase Details

Closed on
Aug 15, 2012
Sold by
Clouse Troy L
Bought by
Clouse Realty Group Llc

Purchase Details

Listed on
Nov 10, 2011
Closed on
Feb 25, 2012
Sold by
Clouse Troy
Bought by
Creasy Beau B and Denney Meressa
Seller's Agent
SHELLY BURRIS
Better Homes and Gardens First Realty Group
Buyer's Agent
SALLY THOMPSON
RE/MAX Integrity Real Estate
List Price
$70,000
Sold Price
$16,000
Premium/Discount to List
-$54,000
-77.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.67%
Original Mortgage
$71,995
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 10, 2011
Closed on
Feb 22, 2012
Sold by
The Secretary Of Hud
Bought by
Clouse Troy L
Seller's Agent
SHELLY BURRIS
Better Homes and Gardens First Realty Group
Buyer's Agent
SALLY THOMPSON
RE/MAX Integrity Real Estate
List Price
$70,000
Sold Price
$16,000
Premium/Discount to List
-$54,000
-77.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,995
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 2011
Sold by
Midfirst Bank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 11, 2011
Sold by
Williams Vicki L
Bought by
Midfirst Bank

Purchase Details

Closed on
Apr 15, 2005
Sold by
Williams Steven C and Williams Vicki L
Bought by
Williams Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Creasy Beau B $82,000 --
Clouse Realty Group Llc -- None Available
Creasy Beau B $81,995 None Available
Clouse Troy L -- None Available
Secretary Of Hud -- None Available
Midfirst Bank $123,934 None Available
Williams Vicki L -- Hoosier Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Creasy Beau B $71,995
Previous Owner Williams Vicki L $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $16,000 -77.1% $8 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $70,000 -- $37 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,157 $143,600 $16,400 $127,200
2023 $1,106 $128,700 $16,400 $112,300
2022 $988 $108,600 $14,900 $93,700
2021 $883 $100,700 $14,900 $85,800
2020 $858 $100,700 $14,900 $85,800
2019 $758 $99,200 $14,900 $84,300
2018 $757 $98,500 $14,900 $83,600
2017 $670 $97,200 $14,900 $82,300
2016 $610 $95,700 $14,900 $80,800
2014 $611 $92,300 $14,900 $77,400
2013 $611 $98,400 $14,900 $83,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    SHELLY BURRIS

    Better Homes and Gardens First Realty Group

  • S

    Buyer's Agent in 2012

    SALLY THOMPSON

    RE/MAX Integrity Real Estate

See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10014578

APN: 33-18-27-230-269.000-004

Indiana Henry County Straughn 47387

5248 E Us Highway 40, Straughn, IN

Not Listed for Sale

Detached

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