NOT LISTED FOR SALE

5421 State Road 62 Georgetown, IN 47122

Estimated Value: $203,000 - $233,000

3 Beds
1 Bath
1,114 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $175,000 $157 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,282/month

45 Days on Market

Highlights

  • 7.02 Acre Lot
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage
  • Georgetown Elementary School Rated A-
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Take me home, country roads! have you been looking for and old farmhouse, to put your finishing touches on, with acreage, in Floyd County? Look no further! Welcome to 5421 IN-62! this 3 bedroom farmhouse has been in the seller's family for ages, and is now ready to pass the torch! This cape cod home is situated on over 7 acres in Georgetown, directly across the street from Polly's Freeze! Walk right over during the summer to grab your favorite ice cream! This property has 2 outbuildings to house all of your toys! this is a rare find, especially in the coveted Floyd Central School district!

Last Agent to Sell the Property

Matthew Henegar

RE/MAX FIRST License #RB17002087 Listed on: 10/21/2022

RE/MAX FIRST

Last Buyer's Agent

Zach Howard

Schuler Bauer Real Estate Services ERA Powered (N License #RB16000712

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1928

Lot Details

  • 7.02

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,114 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Basement Cellar
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Covered Patio or Porch
  • 7.02 Acre Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 220200100193000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1928

Lot Details

7.02 Acres

Parking

1

Listing Details

  • Annual Tax: 1347
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Legal Description: P 495 L 9 & E 1/2 SW 1/4 PAR. 92 1-3-5 5.02 AC & P 495 L 9 Prt PAR. 93; 2. AC #131 (22-02-00-100-230.000-002)
  • Out Buildings: Garage
  • Parcel Number: 220200100193000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1114
  • Type: 1.5 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1114.00
  • Appliances: Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 305791.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1114

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 7.0200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 11, 2023
Sold by
Gibson William B and Gibson Joyce
Bought by
Beach Dale E
Seller's Agent
Matthew Henegar
RE/MAX FIRST
Buyer's Agent
Zach Howard
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$265,000
Sold Price
$175,000
Premium/Discount to List
-$90,000
-33.96%
Views
153
Current Estimated Value
$212,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,165
Avg. Annual Appreciation
6.16%
Original Mortgage
$166,250
Outstanding Balance
$160,100
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$52,065

Purchase Details

Closed on
Jul 2, 2020
Sold by
Gibson William B and Gibson Monica E
Bought by
Gibson William B and Gibson Joyce
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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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
Beach Dale E $175,000 --
Gibson William B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Dale E $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $175,000 -12.5% $157 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $200,000 -24.5% $180 / Sq Ft
10/21/2022 10/21/22 For Sale $265,000 -- $238 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,790 $228,600 $78,400 $150,200
2024 $1,790 $209,700 $78,400 $131,300
2023 $3,277 $197,600 $78,400 $119,200
2022 $1,580 $181,600 $78,400 $103,200
2021 $1,460 $169,400 $78,400 $91,000
2020 $1,392 $161,900 $78,400 $83,500
2019 $1,347 $162,000 $78,400 $83,600
2018 $1,198 $148,200 $78,100 $70,100
2017 $1,303 $148,400 $78,400 $70,000
2016 $1,309 $159,600 $78,400 $81,200
2014 $1,463 $150,600 $79,100 $71,500
2013 -- $144,300 $79,100 $65,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Henegar

    Seller's Agent in 2023

    Matthew Henegar

    RE/MAX

    (812) 704-7571

    9 in this area

    299 Total Sales

    Matthew Henegar
    Section Image

  • Z

    Buyer's Agent in 2023

    Zach Howard

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 987-4234

    8 in this area

    169 Total Sales

    Zach Howard
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022012806

Southern Indiana REALTORS® Association

APN: 22-02-00-100-193.000-002

Indiana Floyd County Georgetown 47122

5421 State Road 62, Georgetown, IN

Not Listed for Sale

Detached

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Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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