$355,000

54862 Luan Dr Osceola, IN 46561

Estimated payment $2,178/month

Total Views 1,950
4 Beds
2.5 Baths
3,401 Sq Ft
$104 Price per Sq Ft

Highlights

  • 1 Fireplace
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Schmucker Middle School Rated A

About This Home

This beautiful home in the highly coveted Penn school district is waiting for its new owners! Along with the great location it boasts 4 beds, 2.5 baths, and sits on nearly half an acre. Other features you will enjoy include the spacious kitchen and family room area, extra entertainment space in the finished basement, the en suite and walk-in closet in the primary bedroom, a cozy front porch and large back yard. Come see this gem for yourself and schedule a private tour today!

Listing Agent

Grant Martsolf

Realty Group Resources Brokerage Phone: 574-292-4014 Listed on: 07/30/2025

Realty Group Resources

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1988

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100x185

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Elsie Rogers Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

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

Community Details

  • Luan Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-05-32-377-004.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,814

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1988
  • Age: 37
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Lot 29 Luan Acres Sec 5 Sec 32 38 4E
  • Parcel Number ID: 71-05-32-377-004.000-031
  • Platted: Yes
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3726
  • Total Finished Sq Ft: 3401
  • Above Grade Finished Sq Ft: 2484
  • Below Grade Finished Sq Ft: 917
  • Below Grade Sq Ft: 325
  • Price Per Sq Ft: 142.91
  • Basement: Yes
  • Basement Foundation: Finished
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 13x16, On Level: Upper
  • Bedroom 2: Dimensions: 10x13, On Level: Upper
  • Bedroom 3: Dimensions: 11x16, On Level: Upper
  • Bedroom 4: Dimensions: 11x14, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1242

Exterior Features

  • Exterior: Shingle, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x26
  • Garage Sq Ft: 884
  • Garage: Yes

Utilities

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

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elsie Rogers
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Elsie Rogers

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 100x185
  • Estimated Lot Sq Ft: 18295
  • Estimated Lot Size Acres: 0.42

Tax Info

  • Annual Taxes: 2814.24

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,718 $306,100 $53,000 $253,100
2023 $2,675 $313,700 $53,100 $260,600
2022 $3,032 $313,700 $53,100 $260,600
2021 $2,439 $241,200 $35,700 $205,500
2020 $2,124 $219,700 $32,500 $187,200
2019 $1,870 $201,500 $29,800 $171,700
2018 $1,796 $202,400 $29,100 $173,300
2017 $1,825 $199,300 $29,100 $170,200
2016 $1,080 $135,200 $18,500 $116,700
2014 $1,130 $133,800 $18,500 $115,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $355,000 +148.3% $104 / Sq Ft
04/03/2012 04/03/12 Sold $143,000 -15.8% $57 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $169,900 -- $68 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Metropolitan Title In Llc
Warranty Deed -- Heritage Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $212,000 New Conventional
Closed $152,000 New Conventional
Closed $152,000 New Conventional
Closed $152,000 New Conventional
Closed $135,850 New Conventional
Closed $0 Unknown
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202529895

Indiana Regional MLS

APN: 71-05-32-377-004.000-031