NOT LISTED FOR SALE

5445 County Road 40 Butler, IN 46721

Estimated Value: $278,000 - $341,000

2 Beds
1 Bath
904 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $257,500 $285 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,822/month

39 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • 1-Story Property
  • Backs to Open Ground
  • Eat-In Kitchen
  • Ceiling height of 9 feet or more

About This Home

As of June 2023

Back on the market due to contingent buyers financing falling through. Looking for your own cozy piece of paradise? You will find it here in this 2 bed/1 bath 5 year old home on over 6 acres! The new septic system has been sized for a 4 bedroom home so you can easily add on to the current home or utilize the "t" plumbed into the line to be directed to a future outbuilding. You will love the country feel of the decor and finishes. It's a completely open concept with a handmade kitchen island featuring the barn siding from the barn that was previously on the property. This home will be maintenance free for years with a steel roof. You will love the oversized 2 car garage with attic space above. There are so many possibilities with this home and acreage. Don't wait to schedule your showing!

Last Agent to Sell the Property

Mary Anne Taylor

North Eastern Group Realty Listed on: 04/18/2023

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 2018

Lot Details

  • 6.13 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Laminate Flooring
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Butler Elementary School
  • Eastside Middle School
  • Eastside High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 17-07-20-400-002.000-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,059

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2018
  • Age: 5
  • Style: One Story
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT W 1/2 SE 1/4
  • Parcel Number ID: 17-07-20-400-002.000-026
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Breakfast Bar, Ceiling-9+, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Open Floor Plan, Range/Oven Hook Up Gas
  • Location: Rural
  • Sp Lp Percent: 97.17
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 904
  • Total Finished Sq Ft: 904
  • Above Grade Finished Sq Ft: 904
  • Price Per Sq Ft: 284.85
  • Basement Foundation: Slab
  • Flooring: Laminate
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 18x12, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Main Level Sq Ft: 904
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x32
  • Garage Sq Ft: 832
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx5, On Level: 6
  • Well Type: Private

Schools

  • School District: Dekalb Co. Eastern
  • Elementary School: Butler
  • Middle School: Eastside
  • High School: Eastside
  • Elementary School: Butler

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRR
  • Estimated Lot Sq Ft: 267023
  • Estimated Lot Size Acres: 6.13

Tax Info

  • Annual Taxes: 1058.76
  • Exemptions: Homestead

MLS Schools

  • High School: Eastside
  • Middle School: Eastside
  • School District: Dekalb Co. Eastern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 26, 2023
Sold by
Smith Luke Austin and Smith Elisabeth Rene
Bought by
May Alyssa Kelli-Marie and May Kyle Howard
Seller's Agent
Mary Anne Taylor
North Eastern Group Realty
List Price
$250,000
Sold Price
$257,500
Premium/Discount to List
$7,500
3%
Views
170
Current Estimated Value
$311,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,034
Avg. Annual Appreciation
8.01%
Original Mortgage
$249,775
Outstanding Balance
$244,664
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$58,989

Purchase Details

Listed on
Jul 23, 2017
Closed on
Aug 17, 2018
Sold by
Bowser Theodore and Bowser Darlene
Bought by
Smith Luke Austin and Smith Elisabeth Rene Rose
Seller's Agent
Patricia Emigh
Affordable Housing
Buyer's Agent
Mary Anne Taylor
North Eastern Group Realty
List Price
$50,900
Sold Price
$46,000
Premium/Discount to List
-$4,900
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.53%

Purchase Details

Closed on
Oct 27, 2008
Sold by
Nationscredit Financial Service Co
Bought by
Bowser Theodore and Bowser Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,510
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2008
Sold by
Nationscredit Financial Services Corp
Bought by
Bowser Theodore and Bowser Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,510
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2008
Sold by
Affordable Housing Inc
Bought by
Nationascredit Financial Services Corp
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
May Alyssa Kelli-Marie $257,500 None Listed On Document
Smith Luke Austin -- Trademark Title Inc
Bowser Theodore $50,511 Auburn Abstract Co Inc
Bowser Theodore -- None Available
Nationascredit Financial Services Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Alyssa Kelli-Marie $249,775
Previous Owner Smith Luke Austin $132,000
Previous Owner Bowser Theodore M $50,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $257,500 -2.8% $285 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $265,000 +6.0% $293 / Sq Ft
04/18/2023 04/18/23 For Sale $250,000 +443.5% $277 / Sq Ft
08/17/2018 08/17/18 Sold $46,000 -9.6% $21 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $50,900 +10.7% $23 / Sq Ft
06/27/2018 06/27/18 Off Market $46,000 -- --
06/12/2018 06/12/18 For Sale $50,900 0.0% $23 / Sq Ft
06/12/2018 06/12/18 Price Changed $50,900 -60.8% $23 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
07/23/2017 07/23/17 For Sale $129,900 -- $60 / 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 $1,388 $250,900 $68,500 $182,400
2023 $1,271 $237,900 $64,000 $173,900
2022 $1,202 $216,000 $56,600 $159,400
2021 $1,004 $185,300 $53,100 $132,200
2020 $1,655 $174,300 $47,500 $126,800
2019 $541 $47,600 $47,500 $100
2018 $319 $100,800 $28,600 $72,200
2017 $315 $98,100 $29,500 $68,600
2016 $316 $101,100 $30,000 $71,100
2014 $358 $106,400 $30,300 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202311794

Indiana Regional MLS

APN: 17-07-20-400-002.000-026