NOT LISTED FOR SALE

535 E South R 42 Mooresville, IN 46158

Estimated Value: $458,000 - $663,000

3 Beds
2 Baths
1,896 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $280,000 $148 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,998/month

62 Days on Market

Highlights

  • 8.87 Acre Lot
  • 1 Fireplace
  • Garage
  • Ranch Style House
  • Central Air

About This Home

As of September 2014

This charming home sets on the other side of pond in a most serene setting. The home is updated, and ready to move into -no need to do anything. Even the landscaping done for you. The pond is just outside the door with decking for entertainment or pure relaxation. A 3 car garage and a storage barn provide more than what most families need. The 3 stall horse barn has electricity and water. Sellers have had horses & goats...now decided to downsize. IPL + Hill water. Come home 2 vacation

Last Agent to Sell the Property

Jan Mathis

Mathis Real Estate License #RB14018737 Listed on: 07/09/2014

Last Buyer's Agent

Jason Royer

Offerpad Brokerage, LLC

Offerpad Brokerage, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1964

Lot Details

  • 8.87 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,896 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 550503300001000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,034

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1964
  • Garage Y N: Yes
  • Lot Size Acres: 8.87
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This charming home sets on the other side of pond in a most serene setting. The home is updated, and ready to move into -no need to do anything. Even the landscaping done for you. The pond is just outside the door with decking for entertainment or pure relaxation. A 3 car garage and a storage barn provide more than what most families need. The 3 stall horse barn has electricity and water. Sellers have had horses & goats...now decided to downsize. IPL + Hill water. Come home 2 vacation
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan,Living Room,Masonry,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Screens Complete,Storms Complete,Walk-in Closet(s)
  • Living Area: 1896
  • Other Equipment: Smoke Detector
  • Room Count: 8
  • Areas Interior: Foyer Small
  • Eating Area: Breakfast Bar,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1896
  • Main Level Sq Ft: 1896
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Deck,Shower Stall Full,Closet Walk in
  • Total Sq Ft: 1896
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole,Driveway Gravel
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 3 Car Detached
  • Garage Parking Other: Finished Garage,Keyless Entry,Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air,Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550503300001000004
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,Lakefront,Rural No Subdivision,Wooded
  • Lot Number: 0
  • Lot Size: 8.87 acres

Tax Info

  • Tax Annual Amount: 1034
  • Semi Annual Property Tax Amt: 517
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Mooresville Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Cavitt James and Cavitt Rachel
Bought by
Lasley Michael and Lasley Lauren
Current Estimated Value
$533,291

Purchase Details

Closed on
Sep 20, 2016
Sold by
Scott Jeffrey D and Scott Lindy M
Bought by
Cavitt James and Cavitt Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2014
Closed on
Sep 25, 2014
Sold by
Miller John R and Miller Darlene M
Bought by
Scott Jeffrey D and Scott Lindy M
Seller's Agent
Jan Mathis
Mathis Real Estate
Buyer's Agent
Jason Royer
Offerpad Brokerage, LLC
List Price
$315,000
Sold Price
$280,000
Premium/Discount to List
-$35,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$252,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2009
Sold by
Shrake Michael J and Muiller Jennifer D
Bought by
Miller John R and Miller Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,829
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Stewart Shawn R and Stewart Stephanie
Bought by
Miller John R and Miller Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2005
Sold by
Stewart Bob and Bible Hosten
Bought by
Stewart Shawn and Stewart Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lasley Michael $495,000 First American Title Ins Comp
Cavitt James -- Chicago Title Company Llc
Scott Jeffrey D -- Chicago Title Company Llc
Miller John R -- None Available
Miller John R -- --
Stewart Shawn -- Title Pro Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavitt James $258,300
Previous Owner Scott Jeffrey D $252,000
Previous Owner Miller John R $249,829
Previous Owner Miller John R $246,137
Previous Owner Stewart Shawn $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2014 09/25/14 Sold $280,000 -1.7% $148 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/20/2014 08/20/14 Price Changed $284,900 -4.2% $150 / Sq Ft
07/21/2014 07/21/14 Price Changed $297,500 -5.6% $157 / Sq Ft
07/09/2014 07/09/14 For Sale $315,000 -- $166 / 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 $2,408 $360,900 $88,200 $272,700
2023 $2,330 $358,900 $88,200 $270,700
2022 $2,077 $309,600 $88,200 $221,400
2021 $1,678 $265,500 $68,900 $196,600
2020 $1,791 $277,100 $60,000 $217,100
2019 $1,424 $225,900 $54,300 $171,600
2018 $1,350 $224,400 $54,300 $170,100
2017 $1,324 $222,100 $54,300 $167,800
2016 $1,296 $217,600 $54,300 $163,300
2014 $936 $170,300 $54,300 $116,000
2013 -- $172,900 $54,300 $118,600
Source: Public Records

Agents Affiliated with this Home

  • Jan Mathis

    Seller's Agent in 2014

    Jan Mathis

    Mathis Real Estate

    (317) 523-2324

    27 in this area

    54 Total Sales

    Jan Mathis
    Section Image

  • J

    Buyer's Agent in 2014

    Jason Royer

    Offerpad Brokerage, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21302690

MIBOR Broker Listing Cooperative®

APN: 55-05-03-300-001.000-004

Indiana Morgan County Mooresville 46158

535 E South R 42, Mooresville, IN

This home is located at 535 E South R 42, Mooresville, IN 46158 since 09 July 2014 and is currently estimated at $533,291, approximately $281 per square foot. This property was built in 1964. 535 E South R 42 is a home located in Morgan County with nearby schools including Mooresville High School and Mooresville Christian Academy.

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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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