NOT LISTED FOR SALE

5266 State Road 42 Poland, IN 47868

Estimated Value: $52,000 - $153,000

2 Beds
1 Bath
1,020 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $124,000 $122 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $579/month

25 Days on Market

Highlights

  • Access To Lake
  • Ranch Style House
  • Covered Patio or Porch
  • Wooded Lot

About This Home

As of March 2023

WAKE UP TO CATARACT LAKE IN YOUR BACKYARD AND WITHIN WALKING DISTANCE OF PUTTING YOUR FISHING POLE IN THE WATER. State boat dock ramp just right around the corner to launch your boat for a day on the lake. This cozy 2 bedroom 1 bath ranch home is sitting on almost 1/2 acre with open concept kitchen/dining area. Enjoy sitting out on the large screened in sunroom area and watch the wildlife. Shaded lot with mini barn for storage and little homemade cabin that stays. Back deck to sit on to enjoy the summer nights. Municiple water and Cloverdale schools. High fiber internet available. Home is currently heating with a woodstove and electric heat, but seller is taking woodstove. Windows and roof have been updated in the past 5 years.

Last Agent to Sell the Property

Beth Neeley

Down Home Real Estate & Auction LLC Listed on: 01/23/2023

Last Buyer's Agent

Beth Neeley

Down Home Real Estate & Auction LLC Listed on: 01/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1971

Lot Details

  • 0.49 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Living Room with Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Schools

  • Cloverdale Elementary And Middle School
  • Cloverdale High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-03-28-300-740.000-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN SW S28 T12 R4 .236A, IN SW S28 T12 R4.256
  • Parcel Number ID: 60-03-28-300-740.000-019
  • Platted: Yes
  • Amenities: Porch Covered
  • Location: Rural
  • Parcel Id2: 60-03-28-300-730.000-019
  • Sp Lp Percent: 103.42
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1020
  • Total Finished Sq Ft: 1020
  • Above Grade Finished Sq Ft: 1020
  • Price Per Sq Ft: 121.57
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Great Room: Dimensions: 17x16, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Main Level Sq Ft: 1020
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None, Dimensions: 8x10, 80
  • Water Features: Walk to Lake Access

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: South Central REMC

Schools

  • School District: Cloverdale Community Schools
  • Elementary School: Cloverdale
  • Middle School: Cloverdale
  • High School: Cloverdale
  • Elementary School: Cloverdale

Lot Info

  • Lot Description: Irregular, Wooded
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 21432
  • Estimated Lot Size Acres: 0.492

Tax Info

  • Annual Taxes: 300
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Cloverdale
  • Middle School: Cloverdale
  • School District: Cloverdale Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 31, 2023
Sold by
Sandusky Katie L
Bought by
Leduc Kevin Michael
Seller's Agent
Beth Neeley
Down Home Real Estate & Auction LLC
Buyer's Agent
Beth Neeley
Down Home Real Estate & Auction LLC
List Price
$119,900
Sold Price
$124,000
Premium/Discount to List
$4,100
3.42%
Views
104
Current Estimated Value
$105,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,333
Avg. Annual Appreciation
-6.45%
Original Mortgage
$121,754
Outstanding Balance
$118,846
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$13,179

Purchase Details

Closed on
Dec 11, 2019
Sold by
Kearns Kenneth D and Kearns Jackson B
Bought by
Norman Katie
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
Leduc Kevin Michael $124,000 --
Norman Katie $155 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leduc Kevin Michael $121,754
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $124,000 +3.4% $122 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $119,900 +118.4% $118 / Sq Ft
08/03/2018 08/03/18 Sold $54,900 0.0% $54 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $54,900 -4.5% $54 / Sq Ft
06/13/2018 06/13/18 Price Changed $57,500 -2.5% $56 / Sq Ft
06/04/2018 06/04/18 For Sale $59,000 +34.1% $58 / Sq Ft
08/12/2015 08/12/15 Sold $44,000 +2.3% $43 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $43,000 -- $42 / Sq Ft
Source: Indiana Regional MLS

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 $38 $2,600 $2,600 $0
2023 $44 $2,600 $2,600 $0
2022 $45 $2,600 $2,600 $0
2021 $52 $2,600 $2,600 $0
2020 $54 $2,600 $2,600 $0
2019 $22 $1,000 $1,000 $0
2018 $11 $500 $500 $0
2017 $11 $500 $500 $0
2016 $11 $500 $500 $0
2014 $10 $500 $500 $0
2013 -- $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Beth Neeley

    Down Home Real Estate & Auction LLC

    (765) 376-6240

    80 Total Sales

    Beth Neeley
    Section Image
  • Steve Custis

    Seller's Agent in 2018

    Steve Custis

    RE/MAX Cornerstone

    (765) 720-2755

    413 Total Sales

    Steve Custis
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher Harcourt

    RE/MAX

    Section Image

  • C

    Buyer's Agent in 2015

    Christina Cambron

    Down Home Real Est & Auction

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202302047

Indiana Regional MLS

APN: 60-03-28-300-730.000-019

Indiana Owen County Poland 47868

5266 State Road 42, Poland, IN

This home is located at 5266 State Road 42, Poland, IN 47868 since 23 January 2023 and is currently estimated at $105,667, approximately $103 per square foot. This property was built in 1971. 5266 State Road 42 is a home located in Owen County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale High 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.

Indiana Regional MLS 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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