NOT LISTED FOR SALE

5537 W Us Highway 40 Reelsville, IN 46171

Estimated Value: $260,000 - $509,905

4.75 Acres
$69,995 Price per Acre
206,910 Sq Ft Lot

Last Sold December 27, 2021

Last sale price $140,000

Est. 137% increase in value since last sale

Current estimated payment $2,026/month

10 Days on Market

About This Lot

As of December 2021

A small cabin on 4.75 Acres on US 40 in Reelsville. This property boasts a great get away for the right buyer or fulltime living. The living area is 528 square feet that has a breezeway to the 48x24 barn/garage area. All heated with electric heaters.

Last Agent to Sell the Property

Jana Fogle Sillery

Fogle Real Estate License #RB14040010 Listed on: 11/10/2021

Last Buyer's Agent

Tyler Cox

RE/MAX Cornerstone

RE/MAX Cornerstone

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $776

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$776

Lot Details

0

Listing Details

  • Property Type: Land
  • Type: SeeRemarks
  • Property Sub Type: Residential Lots
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Directions: US 40 From Mahattan go west to property on your right or northside of 40
  • New Construction: No
  • Road Frontage Type: HwyState
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: HwyUS
  • Water: Municipal Water on Site
  • Disclosures: Not Applicable
  • Other Structures: Barn(s)
  • Topography: Sloping,Wooded

Utilities

  • Solid Waste: 0
  • Sewer: Septic Tank

Lot Info

  • Acres: 3-5 Acres
  • Lot Number: 0
  • Lot Size: 4.75
  • Improvements: NotApplic
  • Land Characteristics: Mature Trees
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 30526
  • Development Status: Not Applicable
  • Zoning: residential

Tax Info

  • Semi Annual Property Tax Amt: 388
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 776
  • Tax Year: 2020

MLS Schools

  • School District: South Putnam Community
  • Schools: South Putnam High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 27, 2021
Sold by
Dudley Edward N
Bought by
Greer Jenna M and Greer Gregory W
Seller's Agent
Jana Fogle Sillery
Fogle Real Estate
Buyer's Agent
Tyler Cox
RE/MAX Cornerstone
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$332,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,476
Avg. Annual Appreciation
29.99%
Original Mortgage
$160,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Weddell Theodore E
Bought by
Dudley Edward N

Purchase Details

Closed on
Jul 5, 2011
Sold by
Weddle Theodore E
Bought by
Tomaskovic Eric
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greer Jenna M $140,000 New Title Company Name
Dudley Edward N $24,000 --
Tomaskovic Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer Jenna M $348,000
Closed Greer Jenna M $340,000
Closed Greer Gregory W $160,000
Closed Greer Gregory W $112,000
Closed Greer Jenna M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $140,000 -3.4% --
11/20/2021 11/20/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $145,000 -- --
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 $2,621 $317,800 $28,200 $289,600
2023 $2,577 $288,800 $28,200 $260,600
2022 $1,037 $117,800 $25,100 $92,700
2021 $756 $109,800 $25,100 $84,700
2020 $774 $109,800 $25,100 $84,700
2019 $791 $110,900 $25,100 $85,800
2018 $419 $104,300 $14,700 $89,600
2017 $1,754 $105,800 $14,700 $91,100
2016 $219 $14,700 $14,700 $0
2014 $106 $6,400 $6,400 $0
2013 $106 $5,500 $5,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Jana Fogle Sillery

    Seller's Agent in 2021

    Jana Fogle Sillery

    Fogle Real Estate

    (765) 720-1487

    109 Total Sales

    Jana Fogle Sillery
    Section Image

  • T

    Buyer's Agent in 2021

    Tyler Cox

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21823983

MIBOR Broker Listing Cooperative®

APN: 67-11-22-800-018.000-019

Indiana Putnam County Reelsville 46171

5537 W Us Highway 40, Reelsville, IN

This home is located at 5537 W Us Highway 40, Reelsville, IN 46171 since 10 November 2021 and is currently estimated at $332,476. 5537 W Us Highway 40 is a home located in Putnam County with nearby schools including South Putnam High School.

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.

MIBOR Broker Listing Cooperative® 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.

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