NOT LISTED FOR SALE

5404 E State Road 44 Connersville, IN 47331

Estimated Value: $324,000 - $771,552

2 Beds
1 Bath
1,967 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2014

Last sale price $630,000 $320 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,611 / mo

273 Days on Market

Highlights

  • Horse Facilities
  • 77.71 Acre Lot
  • Covered Patio or Porch
  • Barn
  • Lake, Pond or Stream
  • 2 Car Detached Garage

About This Home

As of April 2014

This beautiful farm offers a colonial style home with two stoned Secured Iron gate entrances. Tree lined driveway leading to main home. Slate sidewalk to Covered stone front porch. Living room with built in shelving, hardwood floors & fireplace. Formal Dining room with two built in corner china cabinets, Kitchen: Sub-zero refrigerator matching updated cabinets, Range and dishwasher included, Separate utility room with tile floor. Gorgeous remodeled 5 pc bath, shower with glass doors, double sinks, ceramic tile & double linen closet. Family room with wood burning fireplace. Back patio covered to 2 car detached garage.# 1 :Horse barn 44 x 96 built in 1995, ten 12 x12 wood sided stalls plus a laundry room, office, mechanical system included two LP furnaces and two heat pumps, bath room. Second floor includes two apartments both with living room, kitchen, bath, carpet & ceramic tile. Knotty pine paneling and vaulted ceilings. Kitchens equipped with all appliances.

Last Agent to Sell the Property

Michele Rinker

RE/MAX Real Estate Groups Listed on: 07/01/2013

RE/MAX Real Estate Groups

Last Buyer's Agent

Michele Rinker

RE/MAX Real Estate Groups Listed on: 07/01/2013

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,286

Year Built

  • Built in 1900

Lot Details

  • 77.71 Acre Lot
  • Split Rail Fence
  • Irregular Lot
  • Lot Has A Rolling Slope

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch

Farming

  • Barn

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System
  • Well
  • Septic System

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 210626200003000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,286

Year Built

Built in 1900

Lot Details

77.71 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One and Half Story
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: NE QTR OF SECTION 26 TOWNSHIP 14
  • Parcel Number ID: 210626200003000011
  • Platted: Yes
  • Amenities: Patio Covered
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1967
  • Total Finished Sq Ft: 1967
  • Above Grade Finished Sq Ft: 1967
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 16x15, On Level: Main
  • Kitchen: Dimensions: 8x18, On Level: Main
  • Dining Room: Dimensions: 11x16, On Level: Main
  • Family Room: Dimensions: 13x16, On Level: Main
  • Bedroom 1: Dimensions: 11x16, On Level: Upper
  • Bedroom 2: Dimensions: 13x16, On Level: Upper
  • Other Room1: Wet bar, Dimensions: 5x7, On Level: Main
  • Main Level Sq Ft: 1408

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: Horse Facilities
  • Fence: Split-Rail
  • Outbuilding2: Barn

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Hot Water, Radiator
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 7xMain, On Level: 13
  • Water Type: Pond

Lot Info

  • Lot Description: Irregular, Rolling
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 3385048
  • Estimated Lot Size Acres: 77.71

Tax Info

  • Annual Taxes: 6286.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Apr 2, 2014
Sold by
Richard W Richard W
Bought by
Garland Patrick and Garland Traci L
Seller's Agent
Michele Rinker
RE/MAX Real Estate Groups
Buyer's Agent
Michele Rinker
RE/MAX Real Estate Groups
List Price
$865,000
Sold Price
$630,000
Premium/Discount to List
-$235,000
-27.17%
Current Estimated Value
$547,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,224
Avg. Annual Appreciation
-1.15%
Original Mortgage
$535,000
Outstanding Balance
$275,981
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$271,795

Purchase Details

Closed on
Aug 8, 2012
Sold by
Mutual Bank
Bought by
Richard W Howe
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Garland Patrick -- --
Richard W Howe $450,000 Beasley & Gilkison, Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garland Patrick $535,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2014 04/03/14 Sold $630,000 -27.2% $320 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
07/01/2013 07/01/13 For Sale $865,000 -- $440 / Sq Ft
Source: Indiana Regional MLS

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 $8,249 $591,800 $139,300 $452,500
2024 $8,249 $574,100 $148,200 $425,900
2023 $8,403 $524,700 $127,100 $397,600
2022 $9,273 $544,200 $104,900 $439,300
2021 $7,238 $425,500 $90,700 $334,800
2020 $7,446 $427,200 $90,100 $337,100
2019 $6,674 $410,900 $105,300 $305,600
2018 $7,269 $432,000 $108,000 $324,000
2017 $5,861 $365,800 $117,900 $247,900
2016 $6,013 $373,700 $123,900 $249,800
2014 $5,896 $386,500 $128,800 $257,700
2013 $5,896 $360,500 $113,000 $247,500
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 20070458

Indiana Regional MLS

APN: 21-06-26-200-003.000-011

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