NOT LISTED FOR SALE

540 S Main St Bourbon, IN 46504

Estimated Value: $304,000 - $368,920

5 Beds
3.5 Baths
3,560 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $160,000 $45 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,944/month

171 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Bathtub with Shower
  • Screened Porch
  • Eat-In Kitchen
  • Pasture

About This Home

As of September 2017

3.13 acres featuring One of a kind Historical Landmark in Bourbon. 5 Bedrooms, 3 1/2 baths, Main floor laundry, 2 kitchens, nice hardwood floors, absolutely beautiful winding front entrance stairway to upper level, also a rear entrance or escape stairway provided to living room. Screened rear porch. This home has tons of potential, it is presently work in progress. Property features a nice barn and small out building. Bring your 4H animals and get ready for that spring truck patch you've always wanted to plant. Time is a wastin...don't let this one get buy you. Buyer's should measure rooms for their own satisfaction.

Last Agent to Sell the Property

Linda Jacobson

RE/MAX OAK CREST -PLYMOUTH Listed on: 02/13/2017

RE/MAX OAK CREST -PLYMOUTH

Last Buyer's Agent

Linda Jacobson

RE/MAX OAK CREST -PLYMOUTH Listed on: 02/13/2017

RE/MAX OAK CREST -PLYMOUTH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1880

Lot Details

  • 3.13 Acre Lot
  • Lot Has A Rolling Slope
  • Historic Home

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Parking

  • Carport
  • Gravel Driveway
  • Dirt Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Suburban Location
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 50-33-25-202-003.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Style: Two Story
  • Architectural Style: Historic
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: LONG LEGAL IN OFFICE
  • Parcel Number ID: 50-33-25-202-003.000-002
  • Platted: Yes
  • Amenities: Dryer Hook Up Gas, Eat-In Kitchen, Porch Covered, Porch Screened, Range/Oven Hook Up Gas, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 503324404312000002
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4903
  • Total Finished Sq Ft: 3560
  • Above Grade Finished Sq Ft: 3560
  • Below Grade Sq Ft: 1343
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 13x14, On Level: Main
  • Kitchen: Dimensions: 17x19, On Level: Main
  • Dining Room: Dimensions: 15x17, On Level: Main
  • Family Room: Dimensions: 17x20, On Level: Main
  • Extra Room: KITCHEN, Dimensions: 15x17, On Level: Main
  • Bedroom 1: Dimensions: 15x13, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Upper
  • Bedroom 3: Dimensions: 15x17, On Level: Upper
  • Bedroom 4: Dimensions: 9x13, On Level: Upper
  • Bedroom 5: Dimensions: 17x11, On Level: Upper
  • Other Room1: EXTRA ROOM, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1343

Exterior Features

  • Exterior: Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Barn, Dimensions: 60x40
  • Outbuilding2: Shed, Dimensions: 20x15, 300

Garage/Parking

  • Driveway: Dirt, Gravel
  • Garage Type: Carport

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: NIPSCO

Lot Info

  • Lot Description: Rolling, Pasture
  • Lot Dimensions: 3.13 Acres
  • Estimated Lot Sq Ft: 136343
  • Estimated Lot Size Acres: 3.13

Tax Info

  • Annual Taxes: 1907.76
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Crooks Jerad and Crooks Carolyn
Bought by
Crooks Jerad C and Crooks Carolyn
Current Estimated Value
$329,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$166,709
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$163,021

Purchase Details

Closed on
Oct 16, 2018
Sold by
Crooks Jerad
Bought by
Crooks Jerad and Crooks Carolyn

Purchase Details

Listed on
Feb 13, 2017
Closed on
Sep 22, 2017
Sold by
Wiedeman Heather
Bought by
Crooks Jerad
Seller's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
Buyer's Agent
Linda Jacobson
RE/MAX OAK CREST -PLYMOUTH
List Price
$172,500
Sold Price
$160,000
Premium/Discount to List
-$12,500
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$124,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Crooks Jerad C -- None Available
Crooks Jerad -- Mtc
Crooks Jerad -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crooks Jerad $260,000
Closed Crooks Jerad C $192,000
Closed Crooks Jerad $124,000
Previous Owner Wiedeman Heatehr $123,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $160,000 -7.2% $45 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $172,500 -- $48 / 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 $2,847 $292,500 $43,800 $248,700
2022 $2,847 $262,000 $41,300 $220,700
2021 $1,126 $203,000 $31,700 $171,300
2020 $1,965 $189,200 $29,700 $159,500
2019 $1,912 $161,300 $22,100 $139,200
2018 $1,943 $161,300 $22,100 $139,200
2017 $1,850 $156,400 $19,000 $137,400
2016 $1,822 $153,600 $19,000 $134,600
2014 $1,647 $141,300 $17,900 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201705635

Indiana Regional MLS

APN: 50-33-25-202-003.000-002