$30,000
SOLD FEB 12, 2015

55624 Krause Rd Osceola, IN 46561

2 Beds
1.5 Baths
1,092 Sq Ft
0.48 Acres

Recently Sold

$27 Per Sq Ft

78% Below List Price

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Level Lot
  • Moran Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

HUD Home. Sold As IS. HUD Case # 151-888959 Insured Status: IE, 203 K eligible: Y, Escrow $5390.00 Please review PCR at www.hudhomestore.com Information deemed reliable but not guaranteed. Agents with active NAID#s can submit offers at www.hudhomestore.com Information regarding forms , bidding, and earnest money can be found at www.hudhomestore.com. Home has been winterized and utilities are currently off. EQUAL HOUSING OPPORTUNITY. 2 bedroom, possibly 3 bedroom. 1.5 bath home. Garage.

Last Agent to Sell the Property

Amy Cavender

Northern Lakes Realty Listed on: 01/05/2015

Last Buyer's Agent

Jim Dunfee

Weichert Rltrs-J.Dunfee&Assoc.

Weichert Rltrs-J.Dunfee&Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $222

Year Built

  • Built in 1954

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,092 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71-10-04-402-003.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$222

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1954
  • Age: 61
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 207.5' E & W X 100' N & S Beg 973.5' E & 400 S Center Sec 4-37-4E
  • Parcel Number ID: 71-10-04-402-003.000-031
  • Platted: Yes
  • Grid: 160 St. Joe Co.
  • Location: City/Town/Suburb
  • Sp Lp Percent: 111.11
  • Special Features: None

Interior Features

  • Total Sq Ft: 1092
  • Total Finished Sq Ft: 1092
  • Above Grade Finished Sq Ft: 1092
  • Basement Foundation: Slab
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x20
  • Garage Sq Ft: 360

Utilities

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

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Moran
  • Middle School: Schmucker
  • High School: Penn

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 20909
  • Estimated Lot Size Acres: 0.48

Tax Info

  • Annual Taxes: 221.82
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2016
Sold by
Reed William R
Bought by
Reed William R and Reed Glenda Kathleen
Current Estimated Value
$235,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,484
Outstanding Balance
$82,652
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$139,759

Purchase Details

Listed on
May 28, 2015
Closed on
Jul 9, 2015
Sold by
Daly Ronald L
Bought by
Reed William R
Seller's Agent
Jim McKinnies
McKinnies Realty, LLC
Buyer's Agent
Deanna Wilcox
Realty Experts LLC
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$103,098
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 12, 2015
Sold by
Hud
Bought by
Daly Ronald L
Seller's Agent
Amy Cavender
Northern Lakes Realty
Buyer's Agent
Jim Dunfee
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$139,000
Sold Price
$30,000
Premium/Discount to List
-$109,000
-78.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1259.80%

Purchase Details

Closed on
Jan 22, 2014
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Jan 9, 2014
Sold by
St Joseph County Sheriff
Bought by
Midfirst Bank

Purchase Details

Closed on
Feb 22, 2005
Sold by
Piechocki Debra S and Piechocki Terry L
Bought by
Piechocki Terry L and Piechocki Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.71%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed -- Metropolitan Title
Warranty Deed -- Meridian Title
Warranty Deed -- --
Sheriffs Deed -- --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,484 FHA
Previous Owner $103,098 FHA
Previous Owner $85,500 New Conventional
Previous Owner $103,275 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2015 09/01/15 Off Market $30,000 -- --
08/07/2015 08/07/15 Sold $105,000 -4.5% $69 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $109,900 +266.3% $72 / Sq Ft
02/12/2015 02/12/15 Sold $30,000 -78.4% $27 / Sq Ft
01/31/2015 01/31/15 For Sale $139,000 -- $127 / 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 $1,138 $151,000 $71,700 $79,300
2023 $1,201 $151,300 $71,700 $79,600
2022 $1,244 $151,800 $71,700 $80,100
2021 $400 $78,400 $14,700 $63,700
2020 $391 $78,400 $14,700 $63,700
2019 $397 $78,500 $14,700 $63,800
2018 $392 $79,400 $14,700 $64,700
2017 $380 $77,500 $14,700 $62,800
2016 $384 $77,500 $14,700 $62,800
2014 $1,004 $46,100 $12,600 $33,500
2013 $222 $46,100 $12,600 $33,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201500467

Indiana Regional MLS

APN: 71-10-04-402-003.000-031