Seller's Agent in 2025
Shelbi Brown
Sterling Realty Advisors
(260) 610-8020
94 Total Sales
5460 N 550 E Churubusco, IN 46723
3
Beds
2
Baths
1,348
Sq Ft
2.46
Acres
Highlights
- 190 Feet of Waterfront
- Workshop
- Built-in Bookshelves
- Ranch Style House
- 2 Car Detached Garage
- Patio
About This Home
As of July 2025Open House Saturday, June 7th from 2-4 PM! If you’ve been searching for the perfect project home with endless potential, this is the one. This 3-bedroom, 2-bath ranch sits on a beautiful 2.46-acre lot, complete with a large detached garage and multiple outbuildings—ideal for a mechanic’s workshop, hobby farm, or anyone looking for space to spread out. Enjoy peaceful views of the Blue River and surrounding farm fields and woods. Inside, you'll find a spacious eat-in kitchen and the convenience of main floor laundry. Home is in a floodplain and may require flood insurance. The same family has owned since 1979 and home and outbuildings have never flooded. Review the attached inspection report with your real estate broker today. Home being sold as-is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $453
Year Built
- Built in 1910
Lot Details
- 2.46 Acre Lot
- 190 Feet of Waterfront
- River Front
- Rural Setting
- Sloped Lot
- Zoning described as AG
Parking
- 2 Car Detached Garage
- Gravel Driveway
Home Design
- Ranch Style House
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- Built-in Bookshelves
- Ceiling Fan
- Workshop
- Pull Down Stairs to Attic
Kitchen
- Oven or Range
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Electric Dryer Hookup
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Outdoor Features
- Patio
Schools
- Churubusco Elementary School
- Churubusco Jr/Sr Middle School
- Churubusco Jr/Sr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- The river is a source of water for the property
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 92-04-09-000-301.000-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2025
Closed on
Jul 14, 2025
Sold by
Vanemon Loretta and Wertman Thomas
Bought by
Gross Levi and Gross Morgan
Seller's Agent
Shelbi Brown
Sterling Realty Advisors
Buyer's Agent
Shelbi Brown
Sterling Realty Advisors
List Price
$214,900
Sold Price
$226,450
Premium/Discount to List
$11,550
5.37%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,167
Avg. Annual Appreciation
7.75%
Original Mortgage
$181,160
Outstanding Balance
$180,856
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$51,761
Purchase Details
Closed on
Jun 26, 2024
Sold by
Wertman Basil L
Bought by
Vanemon Loretta and Wertman Thomas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Personal Reps Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $181,160 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Sold | $226,450 | +5.4% | $168 / Sq Ft |
| 06/08/2025 06/08/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $214,900 | -- | $159 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $432 | $169,500 | $42,900 | $126,600 |
| 2023 | $459 | $157,100 | $41,000 | $116,100 |
| 2022 | $376 | $149,300 | $36,500 | $112,800 |
| 2021 | $399 | $126,700 | $33,300 | $93,400 |
| 2020 | $292 | $112,500 | $23,800 | $88,700 |
| 2019 | $209 | $114,100 | $23,800 | $90,300 |
| 2018 | $489 | $109,900 | $23,800 | $86,100 |
| 2017 | $432 | $107,200 | $23,800 | $83,400 |
| 2016 | $411 | $106,500 | $23,800 | $82,700 |
| 2014 | $401 | $106,600 | $23,800 | $82,800 |
Source: Public Records
Agents Affiliated with this Home
-
Shelbi Brown
Map
Source: Indiana Regional MLS
MLS Number: 202520221
APN: 92-04-09-000-301.000-009
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