NOT LISTED FOR SALE

5511 Lanam Ridge Rd Nashville, IN 47448

Estimated Value: $387,000 - $479,000

3 Beds
2 Baths
2,278 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $220,000 $97 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,432/month

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • Wood Flooring
  • Fireplace in Hearth Room
  • Ranch Style House
  • No HOA

About This Home

As of August 2018

Just over the Brown County line and nestled beside Yellowwood State Forest is the site for this ranch on 6 beautiful acres. An amazing great room measures 38X22 with a sleeping lo9ft or third bedroom. plentiful windows and soaring ceilings. This home features everything you would expect in Brown County. A stone fireplace, multiple decks, screened patios, garden area and woods. Other features include 3 car garage, updated baths and laundry. Sits off Lanam Ridge down sweet drive for privacy. Just off State Road 45 and close to Lake Lemon, Bloomington and Nashville.

Last Agent to Sell the Property

Non-BLC Member

MIBOR REALTOR® Association Listed on: 07/18/2018

Last Buyer's Agent

Marg Deglandon

RE/MAX Team

RE/MAX Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1968

Lot Details

  • 8.26 Acre Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Cedar

Interior Spaces

  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Fireplace in Hearth Room
  • Bay Window
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Galley Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Breezeway
  • Enclosed Glass Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00518920
  • Assessor Parcel Number 070607100124000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1968
  • Building Area Total: 2278
  • Garage Y N: Yes
  • Lot Size Acres: 8.255
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Lead Base Paint
  • Transaction Type: Sale
  • F H A Certified: No
  • MBR_AttributionContact: noreply@mibor.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Hearth Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Window Bay Bow
  • Living Area: 2278
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2254
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 24
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2278

Exterior Features

  • Construction Materials: Cedar
  • Disclosures: Not Applicable
  • List Price: 249900
  • Patio And Porch Features: Breeze Way, Glass Enclosed

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Utilities: Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Laundry Features: Main Level
  • Water Source: Community Water
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 392040
  • Parcel Number: 070607100124000002
  • Acres: 5-10 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1022
  • Tax Lot: 00518920
  • Semi Annual Property Tax Amt: 511
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Schools: BROWN COUNTY HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 7, 2018
Sold by
Davis Joseph M
Bought by
Padden Steven H and Padden Linda S
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Marg Deglandon
RE/MAX Team
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Current Estimated Value
$439,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,310
Avg. Annual Appreciation
10.07%
Original Mortgage
$160,000
Outstanding Balance
$138,954
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$300,356
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
Padden Steven H $220,000 Transnation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padden Steven H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2018 08/07/18 Sold $220,000 0.0% $97 / Sq Ft
08/07/2018 08/07/18 Sold $220,000 -12.0% $98 / Sq Ft View Prior Sale
08/07/2018 08/07/18 For Sale $249,900 0.0% $110 / Sq Ft
07/02/2018 07/02/18 For Sale $249,900 +13.6% $111 / Sq Ft
07/02/2018 07/02/18 Off Market $220,000 -- --
02/02/2018 02/02/18 For Sale $249,900 -- $111 / 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 $1,314 $386,900 $71,300 $315,600
2023 $1,610 $363,200 $71,300 $291,900
2022 $1,743 $358,700 $66,300 $292,400
2021 $1,292 $274,700 $61,300 $213,400
2020 $1,009 $238,800 $56,300 $182,500
2019 $946 $227,200 $56,300 $170,900
2018 $1,043 $217,300 $47,300 $170,000
2017 $1,022 $208,700 $47,300 $161,400
2016 $864 $190,300 $47,300 $143,000
2014 $709 $187,900 $47,300 $140,600
2013 $709 $184,900 $47,300 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21586766

MIBOR Broker Listing Cooperative®

APN: 07-06-07-100-124.000-002