NOT LISTED FOR SALE

5490 S 550 E Wolcottville, IN 46795

Estimated Value: $211,000 - $339,000

4 Beds
1.5 Baths
1,888 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2020

Last sale price $120,000 $64 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,530 / mo

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Level Lot

About This Home

As of November 2020

SILENT BID REAL ESTATE AUCTION. OCTOBER 14 BY 6:00 PM. Starting bid is $110,000. Offers may be made at any time before auction concludes. Nice 2 story,4 Bedroom, 1 1/2 bath, 1 Acre Farm House with partial basement and a 24X 32 detached garage all situated in a great country setting near Adams Lake and Woodruff. Home also has a nice chicken coup or as the current owners are using it for a kennel. Call for a showing and get the terms explained from the auctioneers. It's easy to buy at auction as long as you are pre-approved for a mortgage with established work history and good credit. Of course you cash buyers have it much easier. get a great value buying the Auction way.

Last Agent to Sell the Property

Jeff Burlingame

Jerry Grogg Inc Listed on: 09/24/2020

Last Buyer's Agent

Coreen Miller

Right Key Realty/Right Key Auctions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1890

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 205x210
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Schools

  • Lakeland Primary Elementary School
  • Lakeland Intermediate
  • Lakeland Jr/Sr High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 44-10-24-100-000.001-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1890

Lot Details

1 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: FIELDS ACRES LOT 1 1AC
  • Parcel Number ID: 44-10-24-100-000.001-010
  • Platted: Yes
  • Location: Rural
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2288
  • Total Finished Sq Ft: 1888
  • Above Grade Finished Sq Ft: 1888
  • Below Grade Sq Ft: 400
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Bedroom 4: Dimensions: 12x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x24
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Lakeland Primary

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 205X210
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 1300

MLS Schools

  • High School: Lakeland Jr/Sr
  • Middle School: Lakeland Intermediate
  • School District: Lakeland School Corp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 13, 2020
Sold by
Thompson Justin T and Thompson Morgan J
Bought by
Mynhier Amanda
Seller's Agent
Jeff Burlingame
Jerry Grogg Inc
Buyer's Agent
Coreen Miller
Right Key Realty/Right Key Auctions
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%
Current Estimated Value
$282,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,058
Avg. Annual Appreciation
16.98%
Original Mortgage
$114,000
Outstanding Balance
$100,045
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$182,013

Purchase Details

Closed on
Mar 21, 2014
Sold by
Nick Sizemore
Bought by
Thompson Justin T and Thompson Morgan J

Purchase Details

Listed on
Jul 25, 2012
Closed on
Nov 5, 2012
Bought by
Nick Sizemore and Lourania Sizemore
Seller's Agent
Sandy Baughn
Lakeland Realty
Buyer's Agent
Sandy Baughn
Lakeland Realty
List Price
$55,000
Sold Price
$30,000
Premium/Discount to List
-$25,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.07%

Purchase Details

Closed on
Jun 27, 2012
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mynhier Amanda $142,500 Simplifile Lc E-Recording
Thompson Justin T $62,000 Lakeland Title Company
Nick Sizemore $30,000 Statewide Title Company Inc
-- $48,800 Feiwell & Hannoy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mynhier Amanda $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $120,000 +9.1% $64 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $110,000 +266.7% $58 / Sq Ft
11/05/2012 11/05/12 Sold $30,000 -45.5% $16 / Sq Ft View Prior Sale
10/11/2012 10/11/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $55,000 -- $29 / Sq Ft
Source: Indiana Regional MLS

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
2025 $534 $183,500 $28,800 $154,700
2024 $534 $172,900 $28,800 $144,100
2023 $462 $164,300 $26,200 $138,100
2022 $522 $157,100 $23,500 $133,600
2021 $422 $137,700 $21,400 $116,300
2020 $399 $127,000 $20,000 $107,000
2019 $1,249 $123,900 $20,000 $103,900
2018 $1,317 $123,900 $20,000 $103,900
2017 $1,239 $118,600 $20,000 $98,600
2016 $1,187 $115,800 $20,000 $95,800
2014 $975 $96,200 $23,800 $72,400
2013 $975 $92,000 $23,800 $68,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff Burlingame

    Jerry Grogg Inc

    (260) 463-3180

    6 Total Sales

    Jeff Burlingame
    Section Image
  • Coreen Miller

    Buyer's Agent in 2020

    Coreen Miller

    Right Key Realty/Right Key Auctions

    (260) 350-0879

    81 Total Sales

    Coreen Miller
    Section Image
  • Sandy Baughn

    Seller's Agent in 2012

    Sandy Baughn

    Lakeland Realty

    (260) 499-1031

    27 Total Sales

    Sandy Baughn
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202038609

Indiana Regional MLS

APN: 44-10-24-100-000.001-010

Indiana LaGrange County Wolcottville 46795

5490 S 550 E, Wolcottville, IN

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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