NOT LISTED FOR SALE

5500 N 650 E Churubusco, IN 46723

Estimated Value: $463,000 - $528,000

3 Beds
2.5 Baths
3,046 Sq Ft
4 Acres

Last Sold March 27, 2015

Last sale price $255,000 $84 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,782/month

181 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Vaulted Ceiling
  • Primary Bedroom Suite
  • Partially Wooded Lot
  • Whirlpool Bathtub

About This Home

As of March 2015

Would you like to have your own private preserve to enjoy? Are you looking for peace and quiet? Is waking up to nature, tranquility, and privacy your goal? If this sounds good to you, take a look at this 4 acres of opportunity. This property is surrounded by mature trees to create a shaded oasis. Pull into your long drive, be greeted by the beautiful pond, and feel your stress melt away. After you settle in, spoil yourself with a hot cup of coffee on your patio, and enjoy the wildlife that greets you throughout the day. If you want to tinker, there is a nice barn complete with power, and concrete floor. Create your work shop to suit your needs. Room to raise some chickens, a huge garden, or other livestock. A spectacular place for kids, or kids-at-heart to go exploring in the woods, or the along the pond. Need a place to entertain? This home has a full basement that is finished very tastefully, complete with brand new carpet. The walkout area allows for a perfect place for grilling and mingling. Tweaking the grove of trees in front of the house will allow a rewarding view of the pond, and prarie area that surrounds it. Inside there is a large master suite on the main floor, a huge kitchen, a great room and dining area-with a wall of windows that allow massive amounts of natural light to brighten your day, a foyer-for those great first impressions, two beds upstairs, and a roomy utility room. The roof is new within the last year. Nothing is missing in this exquisite find. Don't procrastinate or you will live with your regret. All appliances stay, but no warranties.

Last Agent to Sell the Property

Scott Straub

North Eastern Group Realty Listed on: 08/15/2014

North Eastern Group Realty

Last Buyer's Agent

Michelle Snyder

North Eastern Group Realty

North Eastern Group Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1991

Lot Details

  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Loft
  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Water Views
  • Laminate Countertops
  • Laundry on main level

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 92-04-10-000-408.900-009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,504

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1991
  • Age: 24
  • Style: Two Story
  • Architectural Style: Contemporary, Lofted
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW4 NW4 N OF LAKE S10 T32 R10 3.996A
  • Parcel Number ID: 92-04-10-000-408.900-009
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Foyer Entry, Garage Door Opener, Jet Tub, Landscaped, Patio Open, Porch Covered, Porch Open, Six Panel Doors, Tub and Separate Shower, Main Level Bedroom Suite, Great Room, Main Floor Laundry
  • Location: Rural
  • Road Surface: Paved
  • Sp Lp Percent: 96.26
  • Special Features: None

Interior Features

  • Total Sq Ft: 3046
  • Total Finished Sq Ft: 3046
  • Above Grade Finished Sq Ft: 2046
  • Below Grade Finished Sq Ft: 1000
  • Basement Foundation: Daylight, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Tile
  • Recreation Room: On Level: Basement
  • Bedroom 1: Dimensions: 18x14, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1000

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x24

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x21
  • Garage Sq Ft: 504

Utilities

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

Schools

  • School District: Smith-Green Community
  • Elementary School: Churubusco
  • Middle School: Churubusco
  • High School: Churubusco

Lot Info

  • Lot Description: Partially Wooded, Rolling, Water View, Wooded
  • Lot Dimensions: 215x765
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Green Features

  • Energy Efficient: Water Heater

Tax Info

  • Annual Taxes: 1503.56
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Grabbe Tod M
Bought by
Grabbe Pamela S
Current Estimated Value
$495,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,650
Outstanding Balance
$221,799
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$274,000

Purchase Details

Listed on
Aug 15, 2014
Closed on
Mar 27, 2015
Sold by
Randall E Collins
Bought by
Tod M Grabbe
Seller's Agent
Scott Straub
North Eastern Group Realty
Buyer's Agent
Michelle Snyder
North Eastern Group Realty
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
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
Grabbe Pamela S -- Trademark Title
Tod M Grabbe $255,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grabbe Pamela S $231,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $255,000 -7.2% $84 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $274,900 -- $90 / 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 $1,838 $387,400 $54,900 $332,500
2023 $2,831 $350,100 $52,500 $297,600
2022 $2,867 $332,100 $46,800 $285,300
2021 $2,443 $280,100 $43,600 $236,500
2020 $2,239 $248,800 $30,000 $218,800
2019 $2,354 $240,800 $30,000 $210,800
2018 $2,307 $227,700 $30,000 $197,700
2017 $1,838 $219,200 $30,000 $189,200
2016 $1,756 $224,400 $30,000 $194,400
2014 $1,554 $211,000 $30,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201435845

Indiana Regional MLS

APN: 92-04-10-000-408.900-009