NOT LISTED FOR SALE

5500 S Skinner Rd Morgantown, IN 46160

Estimated Value: $327,000 - $386,796

2 Beds
1.5 Baths
1,280 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $350,000 $273 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,123/month

36 Days on Market

Highlights

  • Ranch Style House
  • Pasture
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Central Air

About This Home

As of June 2023

You don't want to miss this home on 5 acres, fenced with an 80 x 40 Pole Barn in a beautiful peaceful setting. 2 Bedroom, 2 bath with unfinished walkout basement and poured concrete walls. Excellent drainage with perimeter drain around home. Basement has never been wet, just waiting on you to finish it. This home has a wood burning heating system and an electric HVAC both in perfect condition. Great Mini Farm potential, perfect for farming or gardening or just enjoy the land and the scenery! Property is located in a Rural area with paved road. Perfect starter or retirement home or just a getaway from the city. Right next to Brown County with beautiful fall foliage. MORE PICTURES COMING SOON

Last Agent to Sell the Property

Janet Lane

Century 21 Scheetz - Bloomington Listed on: 05/16/2023

Century 21 Scheetz - Bloomington

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1992

Lot Details

  • 5 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Indian Creek Elementary And Middle School
  • Indian Creek High School

Farming

  • Pasture

Utilities

  • Central Air
  • Heating System Uses Wood
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 55-14-35-200-015.003-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1992
  • Age: 31
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: S35 T11 R2E PT SW NE; 5.00A
  • Parcel Number ID: 55-14-35-200-015.003-012
  • Platted: Yes
  • Sp Lp Percent: 97.22
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2560
  • Total Finished Sq Ft: 1280
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Sq Ft: 1280
  • Price Per Sq Ft: 273.44
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 13x15, On Level: Main
  • Kitchen: Dimensions: 13x10, On Level: Main
  • Dining Room: Dimensions: 14x15, On Level: Main
  • Family Room: Dimensions: 14x15
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1280

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None, Dimensions: 80x40

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: Nineveh-Hensley-Jackson United
  • Elementary School: Indian Creek
  • Middle School: Indian Creek
  • High School: Indian Creek
  • Elementary School: Indian Creek

Lot Info

  • Lot Description: Partially Wooded, Rolling, Pasture
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 824.86

MLS Schools

  • High School: Indian Creek
  • Middle School: Indian Creek
  • School District: Nineveh-Hensley-Jackson United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 30, 2023
Sold by
Rangazas Sharon Zehr Th Int
Bought by
Hurley Ryan
Seller's Agent
Janet Lane
Century 21 Scheetz - Bloomington
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Views
11
Current Estimated Value
$363,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,699
Avg. Annual Appreciation
1.71%
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
Hurley Ryan $350,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $350,000 -2.8% $273 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $360,000 -- $281 / 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 $2,342 $325,600 $111,600 $214,000
2023 $998 $316,000 $111,600 $204,400
2022 $825 $280,500 $100,000 $180,500
2021 $699 $210,100 $59,700 $150,400
2020 $653 $201,000 $59,700 $141,300
2019 $644 $198,100 $59,700 $138,400
2018 $627 $188,700 $58,700 $130,000
2017 $640 $190,500 $58,700 $131,800
2016 $642 $170,500 $55,700 $114,800
2014 $537 $158,600 $55,700 $102,900
2013 $537 $164,700 $55,700 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202315987

Indiana Regional MLS

APN: 55-14-35-200-015.003-012