NOT LISTED FOR SALE

5500 Us Highway 27 N Richmond, IN 47374

Estimated Value: $228,000 - $272,000

3 Beds
2 Baths
1,988 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $175,000 $88 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,428/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • First Floor Utility Room
  • Porch
  • Raised Ranch Architecture
  • 2 Car Garage
  • Living Room

About This Home

As of May 2021

Here it is! Your large ranch on just over 1 acre in the country but close to town. This large 3 bedroom 2 bath home comes with so much space and storage. The 24x24 barn with automatic garage door is sure to please. The wood stove in the family room is also a fabulous addition to what all this home has to offer. Appliances are included. Central air unit and wood stove are both 1 year old. The living room has new carpet. This home is close to grocery, restaurants and i70. Don't miss out! Call/Text Chandra Falcone today to schedule your private tour! (765) 993-4383 *Home being sold as is, room sizes are approximate*. Text 85912 to 35620 for more information and photos.

Last Agent to Sell the Property

Chandra Falcone

Better Homes and Gardens First Realty Group License #RB14041868 Listed on: 03/15/2021

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Alfredo Diamond

Better Homes and Gardens First Realty Group

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1963

Lot Details

  • 1.09

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Electric Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Northeastern Elementary And Middle School
  • Northeastern High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Porch
  • 1.09 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Additional Garage: Garage-Attached, Garage-Detached
  • OFFICELIST_ADDRESS: 5500 N U.S. 27
  • Second Address Number: 5500
  • Estimated Year Built: 1963
  • Bathroom 1 Comments: Hallway
  • Bathroom 2 Comments: Master
  • Estimated Size Bedroom 1: 13x13
  • Bedroom 1 Comments: Master
  • Estimated Dining Room Size: 15x10
  • Dining Room Comments: Open To Kitchen
  • Dining Rm Level: M
  • Directions: North on 27 toward FT. City, turn left on Fountain Ridge, First Drive on the left.
  • E X E M P T: Homestead Credit, Mortgage
  • Family Room Estimated Size: 19x15.5
  • Family Rm Comments: Wood Stove
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 5500 N Us Hwy 27
  • Geo Longitude: -84.90679
  • Geo Matched Method: 1
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 21x15
  • Living Rm Comments: New Carpet
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Raised Ranch
  • Tax Dup Number: 012-00139-00
  • Taxes Half: 699.19
  • Estimated Utility Room Size: 8x7
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1963

Interior Features

  • Appliances Included: Range-Electric, Refrigerator
  • Total Number Rooms: 6
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: M
  • Primary Bathroom: Yes
  • Kitchen Comments: Open/Spacious
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 12x12
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 11x10
  • Bedroom 3 Level: M
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Stove
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 15x10
  • Price Per S Q F T: 88.03
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior: Stone
  • Foundation: Basement
  • Porch/Deck Type: Porch
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Duke Energy
  • Gas Company: Ohio Valley Gas Company
  • Heat Type: Gas, Hot Water
  • Sewer: Septic
  • Hot Water: Well
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Northeastern
  • Middle School: Northeastern
  • High School: Northeastern
  • Elementary School: Northeastern
  • High School: Northeastern
  • Middle School: Northeastern

Lot Info

  • Geo Update Timestamp: 2021-03-15
  • Estimated Number Acres: 1.09
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 7, 2021
Sold by
Jansen Peter M and Jansen Edith M
Bought by
Faddis Nathan W and Faddis Kelcie L
Seller's Agent
Chandra Falcone
Better Homes and Gardens First Realty Group
Buyer's Agent
Alfredo Diamond
Better Homes and Gardens First Realty Group
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$243,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,440
Avg. Annual Appreciation
7.77%
Original Mortgage
$171,830
Outstanding Balance
$155,721
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$87,719

Purchase Details

Closed on
Nov 4, 2009
Sold by
Cummings Mary Alice
Bought by
Jansen Peter M and Jansen Edith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.11%
Mortgage Type
New Conventional
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
Faddis Nathan W -- None Available
Jansen Peter M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faddis Nathan W $171,830
Previous Owner Jansen Peter M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $175,000 -7.8% $88 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $189,900 -- $96 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,658 $165,200 $30,400 $134,800
2023 $1,631 $156,000 $28,000 $128,000
2022 $1,698 $156,300 $28,000 $128,300
2021 $1,511 $139,500 $29,300 $110,200
2020 $1,541 $140,600 $29,300 $111,300
2019 $1,398 $140,000 $29,300 $110,700
2018 $1,362 $143,000 $29,300 $113,700
2017 $1,302 $141,800 $29,300 $112,500
2016 $1,266 $141,100 $29,400 $111,700
2014 $1,215 $145,400 $29,400 $116,000
2013 $1,215 $137,200 $25,800 $111,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10040657

APN: 89-16-06-440-301.000-022