NOT LISTED FOR SALE

5480 W State Road 16 Roann, IN 46974

Estimated Value: $285,545 - $354,000

4 Beds
2 Baths
2,201 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $235,000 $107 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,858/month

41 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Welcome home! This home has everything you have been looking for and more! When you first enter the front door you are welcomed by a large living room with bay windows that allow in tons of natural lighting. After the living room is the formal dining room, with plenty of space for a large table for all your family gatherings. The newly remodeled kitchen is equipped with a raised bar and bar stools, large pantry, and custom cabinetry. The sunroom walks out onto a partially covered concrete patio. The master suite is on the main level and has an attached office. The bathroom connected to the master bedroom has been completely remodeled, has built in storage and a brand new shower. Outside there is a detached 3 car garage that has been insulated and has new metal on the inside walls, making it fully finished. The shop has a newer metal roof, a nice workshop with concrete floors, an I-beam for hoist, extra space for storage on either side and storage above in the walk up loft area, this shop is powered by its own 200 amp system. In the back of the property there is another barn that is equipped with power, water and concrete floors. Perfectly set up for livestock and storage for your trailers. This home has ample amount of storage inside and out.

Last Agent to Sell the Property

Jennie Terrell

Terrell Realty Group, LLC Listed on: 07/08/2020

Last Buyer's Agent

Deonna Holland

Holland Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1916

Lot Details

  • 1.53 Acre Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Traditional Architecture
  • Metal Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Cellar
  • Crawl Space

Schools

  • Metro North/Sharp Creek Elementary School
  • Northfield Middle School
  • Northfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 85-06-31-400-013.000-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Age: 104
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW1/4 SE1/4 31-29-6 1.533AC
  • Parcel Number ID: 85-06-31-400-013.000-010
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2348
  • Total Finished Sq Ft: 2201
  • Above Grade Finished Sq Ft: 2201
  • Below Grade Sq Ft: 147
  • Price Per Sq Ft: 106.77
  • Basement Foundation: Cellar, Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 18x13, On Level: Main
  • Dining Room: Dimensions: 19x11, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 15x15, On Level: Upper
  • Bedroom 3: Dimensions: 15x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 147

Exterior Features

  • Exterior: Metal
  • Outbuilding1: Pole/Post Building, Dimensions: 48x32
  • Outbuilding2: Outbuilding, Dimensions: 68x30, 2040

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 44x25
  • Garage Sq Ft: 1100
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Metro North/Sharp Creek
  • Middle School: Northfield
  • High School: Northfield
  • Elementary School: Metro North/Sharp Creek

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 1.533 Acres
  • Estimated Lot Sq Ft: 66777
  • Estimated Lot Size Acres: 1.533

Tax Info

  • Annual Taxes: 869.01

MLS Schools

  • High School: Northfield
  • Middle School: Northfield
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 24, 2020
Sold by
Chamberlain Clayton M and Winters Malvern E
Bought by
Million Zachary J
Seller's Agent
Jennie Terrell
Terrell Realty Group, LLC
Buyer's Agent
Deonna Holland
Holland Realty Group, LLC
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$329,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,886
Avg. Annual Appreciation
5.80%
Original Mortgage
$211,500
Outstanding Balance
$189,811
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$123,300

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 30, 2017
Sold by
Powell Trent S
Bought by
Chamberlain Clayton M and Winters Malvern E
List Price
$172,500
Sold Price
$155,000
Premium/Discount to List
-$17,500
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$147,250
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bowman James D and Bowman Dorothy Ann
Bought by
Powell Trent S and Powell Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Million Zachary J $235,000 Meridian Title Company
Chamberlain Clayton M -- None Available
Powell Trent S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Million Zachary J $211,500
Previous Owner Chamberlain Clayton M $147,250
Previous Owner Powell Trent S $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $235,000 0.0% $107 / Sq Ft
07/08/2020 07/08/20 For Sale $235,000 +51.6% $107 / Sq Ft
10/30/2017 10/30/17 Sold $155,000 -10.1% $70 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $172,500 -- $78 / 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 $1,397 $224,500 $19,900 $204,600
2023 $1,398 $216,700 $19,900 $196,800
2022 $1,087 $200,300 $19,900 $180,400
2021 $1,039 $180,000 $16,500 $163,500
2020 $638 $135,200 $16,500 $118,700
2019 $563 $128,100 $17,100 $111,000
2018 $539 $124,400 $17,100 $107,300
2017 $504 $120,900 $17,100 $103,800
2016 $406 $120,700 $17,100 $103,600
2014 $333 $111,700 $17,100 $94,600
2013 $239 $104,000 $17,100 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202026027

Indiana Regional MLS

APN: 85-06-31-400-013.000-010