NOT LISTED FOR SALE

5489 E Farmington Rd Gas City, IN 46933

Estimated Value: $347,000 - $444,000

3 Beds
2.5 Baths
2,069 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $225,000 $109 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,374/month

22 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • 1 Fireplace
  • Lake, Pond or Stream
  • Partially Wooded Lot
  • Workshop

About This Home

As of August 2016

This 2069 sq. ft. ranch sits on 6 gorgeous acres of ground with a stocked pond, long tree lined driveway, and a secluded back yard. There are two 30' x 40' pole barns, one is finished with heat, one is partially finished. The custom built home consists of 3 bedrooms, 2 1/2 baths, 3 family areas ( one with a fireplace, one with lots of windows overlooking the pond, and one for formal gatherings). The fully equipped kitchen has a refrigerator, DW, microwave, builtin oven and Jenn-Aire range for year round grilling. This custom built, one owner home is close to town yet full of country atmosphere.

Last Agent to Sell the Property

Jim Nicholson

Nicholson Realty 2.0 LLC Listed on: 06/21/2016

Last Buyer's Agent

Jennifer Swanner

Nicholson Realty 2.0 LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1978

Lot Details

  • 6 Acre Lot
  • Waterfront
  • Rural Setting
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,069 Sq Ft Home
  • 1 Fireplace
  • Workshop
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Schools

  • Westview/Northview Elementary School
  • R J Basket Middle School
  • Mississinewa High School

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-07-36-200-011.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1978
  • Age: 38
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW. SEC 36. 6A. |
  • Parcel Number ID: 27-07-36-200-011.000-016
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Patio Open, Workshop, Garage-Heated, Washer Hook-Up
  • Location: Rural
  • Sp Lp Percent: 93.95
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2069
  • Total Finished Sq Ft: 2069
  • Above Grade Finished Sq Ft: 2069
  • Price Per Sq Ft: 108.75
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 18x11, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Dining Room: Dimensions: 16x9, On Level: Main
  • Family Room: Dimensions: 20x12, On Level: Main
  • Extra Room: Sun Room, Dimensions: 20x13, On Level: Main
  • Bedroom 1: Dimensions: 14x13, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl, Wood
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 12x10

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552
  • Garage: Yes

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Electric, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: Brighthouse Networks
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Mississinewa Community School Corp.
  • Elementary School: Westview/Northview
  • Middle School: R J Basket
  • High School: Mississinewa
  • Elementary School: Westview/Northview

Lot Info

  • Lot Description: Level, Partially Wooded, Rolling, 6-9.999
  • Lot Dimensions: 6 acres
  • Estimated Lot Sq Ft: 261360
  • Estimated Lot Size Acres: 6

Tax Info

  • Annual Taxes: 1375.26
  • Exemptions: Disabled, Geothermal, Homestead

MLS Schools

  • High School: Mississinewa
  • Middle School: R J Basket
  • School District: Mississinewa Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 15, 2016
Sold by
Williams Joyce
Bought by
Shanks Jodi D and Shanks Rita M
Seller's Agent
Jim Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Jennifer Swanner
Nicholson Realty 2.0 LLC
List Price
$239,500
Sold Price
$225,000
Premium/Discount to List
-$14,500
-6.05%
Total Days on Market
22
Current Estimated Value
$396,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,769
Avg. Annual Appreciation
6.19%
Source: Public Records

Range of Values:

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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
Shanks Jodi D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Jodi D $33,400
Previous Owner Williams Jovce A $68,000
Previous Owner Williams William C $80,000
Previous Owner Williams William C $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $225,000 -6.1% $109 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $239,500 -- $116 / 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 $2,427 $255,500 $35,200 $220,300
2023 $2,905 $243,800 $35,200 $208,600
2022 $2,797 $225,100 $35,200 $189,900
2021 $2,360 $198,500 $35,200 $163,300
2020 $2,239 $194,000 $35,200 $158,800
2019 $2,097 $184,200 $35,200 $149,000
2018 $2,050 $180,200 $32,000 $148,200
2017 $1,909 $179,000 $32,000 $147,000
2016 $1,724 $170,700 $32,000 $138,700
2014 $1,283 $169,500 $32,000 $137,500
2013 $1,283 $172,400 $32,000 $140,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Nicholson

    Nicholson Realty 2.0 LLC

    Section Image
  • Jennifer Swanner

    Buyer's Agent in 2016

    Jennifer Swanner

    Nicholson Realty 2.0 LLC

    (765) 661-4821

    218 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201628617

Indiana Regional MLS

APN: 27-07-36-200-011.000-016

Indiana Grant County Gas City 46933

5489 E Farmington Rd, Gas City, IN

This home is located at 5489 E Farmington Rd, Gas City, IN 46933 since 21 June 2016 and is currently estimated at $394,081, approximately $190 per square foot. This property was built in 1978. 5489 E Farmington Rd is a home located in Grant County with nearby schools including Westview Elementary School, Northview Elementary School, and R.J. Baskett Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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