NOT LISTED FOR SALE

5490 N Railroad Rd Morgantown, IN 46160

Estimated Value: $336,000 - $480,000

3 Beds
2 Baths
2,315 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $185,000 $80 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,224/month

147 Days on Market

Highlights

  • 36.6 Acre Lot
  • Pole Barn
  • Walk-In Closet
  • Cathedral Ceiling
  • Woodwork
  • Bungalow

About This Home

As of March 2015

Secluded home located on 36 acres on prime Brown County land. This property has everything from barn and pasture to hunting and fishing, not to mention rolling hills for off road fun. Come and enjoy a cup of coffee in front of the wood stove while watching the wildlife outside your front door. Or enjoy picking blueberries from the garden, come see what's in the green house and potting shed out back. This property has so much more to offer, this is a must see.

Last Listed By

Lorie Bright

Listed on: 09/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1890

Lot Details

  • 36.6 Acre Lot
  • Property is Fully Fenced

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Window Screens
  • Unfinished Basement
  • Basement Window Egress
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range Hood
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Chairlift

Outdoor Features

  • Pole Barn
  • Outbuilding

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 070326100114000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,252

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1890
  • Garage Y N: No
  • Lot Size Acres: 36.6
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Secluded home located on 36 acres on prime Brown County land. This property has everything from barn and pasture to hunting and fishing, not to mention rolling hills for off road fun. Come and enjoy a cup of coffee in front of the wood stove while watching the wildlife outside your front door. Or enjoy picking blueberries from the garden, come see what's in the green house and potting shed out back. This property has so much more to offer, this is a must see.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Unfinished
  • Appliances: Dishwasher, Dryer, Electric Oven, Range Hood, Refrigerator, Free-Standing Freezer, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Screens Complete, Walk-in Closet(s), Wood Work Stained, WoodWorkStain/Painted
  • Living Area: 2315
  • Other Equipment: Chair Lift, Smoke Detector, Water-Softener Owned
  • Room Count: 7
  • Eating Area: Dining-L,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1323
  • Main Level Sq Ft: 1323
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2315
  • Below Grade Sq Ft: 992
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel, Fence Complete, Out Building With Utilities
  • Foundation Details: Block, Block
  • List Price: 244900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070326100114000002
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 1252
  • Semi Annual Property Tax Amt: 626
  • Tax Exemption: None

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Mar 9, 2015
Sold by
Eaton Linda L
Bought by
Burdsall Elizabeth and Burdsall Timothy
Seller's Agent
Lorie Bright
Buyer's Agent
Mark Bowman
Tramcore Realty
List Price
$249,900
Sold Price
$185,000
Premium/Discount to List
-$64,900
-25.97%
Total Days on Market
147
Current Estimated Value
$390,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,255
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Dec 2, 2009
Sold by
Eaton Linda L and Eaton Daniel T
Bought by
Eaton Linda L

Purchase Details

Closed on
Jan 26, 2009
Sold by
Eaton Daniel T
Bought by
Eaton Linda L and Evans Linda L

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
Burdsall Elizabeth -- Attorney
Eaton Linda L -- --
Eaton Linda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burdsall Timothy $88,210
Previous Owner Eaton Linda E $40,000
Previous Owner Eaton Linda L $120,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $185,000 -24.5% $80 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
01/20/2015 01/20/15 Price Changed $244,900 -2.0% $106 / Sq Ft
10/28/2014 10/28/14 For Sale $249,900 0.0% $108 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $249,900 -- $108 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $720 $225,400 $56,000 $169,400
2023 $720 $209,900 $52,600 $157,300
2022 $786 $196,000 $43,900 $152,100
2021 $730 $172,400 $37,000 $135,400
2020 $633 $160,600 $31,900 $128,700
2019 $612 $155,000 $34,500 $120,500
2018 $733 $152,200 $34,900 $117,300
2017 $737 $147,900 $37,000 $110,900
2016 $927 $165,800 $58,100 $107,700
2014 $1,653 $166,900 $59,800 $107,100
2013 $1,653 $159,100 $54,200 $104,900
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21314455

MIBOR Broker Listing Cooperative®

APN: 07-03-26-100-114.000-002