NOT LISTED FOR SALE

5381 N Nickelplate St Louisville, OH 44641

Estimated Value: $182,000 - $297,830

2 Beds
2 Baths
1,235 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $157,300 $127 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,376/month

27 Days on Market

Highlights

  • 9 Acre Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2 Car Detached Garage

About This Home

As of July 2019

ESTATE AUCTION - Ranch Home On 9 Acres - 24’x40’ Shop Building – 30’x45’ Barn – Tillable - Stark Co. – Nimishillen Twp. – Louisville Schools - All sells to settle the Benjamin N. Merkel Estate, Stark Co. Probate Case #226265 on location: WEDNESDAY – MARCH 6, 2019 – 5:30 PM. REAL ESTATE: Ranch-style home on nice 9-acre lot. Approx. 6.5 acres tillable, could be possibly subdivided. Main level has lg. front wood deck, open kitchen/dining area w/ updated cabinets, family room w/ door to rear wood deck, 3-seasons room, bedroom w/ full bath and walk-in closet, additional full bath, second bedroom w/ sitting area, and main-floor laundry w/ stack washer & dryer. Partially finished basement w/ Nature Stone flooring, recreational room, utility room, possible third bedroom, FA oil furnace w/ central air, and 200-amp elec. breakers, 24’x40’ garage/shop building w/ 2 overhead doors, and enclosed office. 30’x45’ barn w/ sliding doors, electric, and dirt floors. Home was built in 1935 having approx. 1,235 SF. Half year taxes are $1,313.71. Home will be open starting at 4:30 PM auction day for inspections. TERMS ON REAL ESTATE: 15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price, which goes to the seller. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.

Last Agent to Sell the Property

Jeff Kiko

Kiko License #2002002033 Listed on: 02/07/2019

Last Buyer's Agent

Jeff Kiko

Kiko License #2002002033 Listed on: 02/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1935

Lot Details

  • 9 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03304473

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 127.37
  • Estimated Price per Sq Ft: 127.37
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1235
  • Year Built: 1935
  • Geocode Confidence: Unknown
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1235.00
  • Sq Ft Approx Total Finished: 1235.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Barn/Stable, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Schools

  • School District: Louisville CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 9.0000
  • Parcel Number: 03304473

Tax Info

  • Tax: 2626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2019
Sold by
Merkel David L
Bought by
Reynolds Jerry L and Reynolds Susan R
Current Estimated Value
$231,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Merkel Caryn S
Bought by
Merkel Benjamin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1994
Sold by
Meek William G
Bought by
Merkel Benjamin N and Merkel Caryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
9.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reynolds Jerry L $157,300 Bennett Land Title Agency
Merkel Benjamin N -- None Available
Merkel Benjamin N $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Jerry L $140,000
Previous Owner Merkel Benjamin N $132,000
Previous Owner Merkel Benjamin N $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2019 07/12/19 Sold $157,300 0.0% $127 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $157,300 -- $127 / Sq Ft
Source: MLS Now

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
2025 -- $81,000 $48,340 $32,660
2024 -- $81,000 $48,340 $32,660
2023 $1,917 $61,330 $37,770 $23,560
2022 $3,094 $62,870 $36,020 $26,850
2021 $3,103 $62,870 $36,020 $26,850
2020 $2,541 $54,260 $32,450 $21,810
2019 $2,229 $56,090 $32,490 $23,600
2018 $2,223 $56,090 $32,490 $23,600
2017 $2,015 $49,700 $27,580 $22,120
2016 $1,922 $48,690 $25,690 $23,000
2015 $1,927 $48,690 $25,690 $23,000
2014 $1,759 $42,460 $22,400 $20,060
2013 $883 $42,460 $22,400 $20,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4068474

MLS Now

APN: 03304473