$105,000
SOLD AUG 7, 2015

55624 Krause Rd Osceola, IN 46561

4 Beds
1.5 Baths
1,527 Sq Ft
0.48 Acres

Recently Sold

$69 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Screened Porch
  • Moran Elementary School Rated A-
  • Backs to Open Ground
  • Picket Fence

About This Home

As of August 2015

Excellent Remodeled home in PHM! Priced to sell! Big (almost ½ acre) lot with fenced back yard, screened porch and mature shade trees. Spacious, Eat-in kitchen with new: laminate plank flooring, counter tops, tile backsplash and stainless steel appliances. Dinette with French door to screen porch. New paint and flooring throughout. New light fixtures. 3 bedrooms on 1st floor. 2nd floor has a room with a closet that could be a 4th bedroom or office. 1 and ½ baths on the 1st floor with all new fixtures and flooring. Central air and gas heat. Laundry room area with gas or electric hook-up. Attached garage with new overhead door. Must see! Immediate possession. At this price seller is offering an HWA Home Warranty that includes coverage for unknown pre-existing conditions.

Last Agent to Sell the Property

Jim McKinnies

McKinnies Realty, LLC Listed on: 05/28/2015

McKinnies Realty, LLC

Last Buyer's Agent

Deanna Wilcox

Realty Experts LLC

Realty Experts LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1954

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100 x 207
  • Backs to Open Ground
  • Rural Setting
  • Picket Fence
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,527 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient HVAC

Schools

  • Moran Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 71-10-01-402-003.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,505

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
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • 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: 71-10-01-402-003.000-031
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Home Warranty Included, Open Floor Plan, Porch Enclosed, Porch Screened, Range/Oven Hook Up Gas, Storm Doors, Storm Windows, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Parcel Id2: 0141040068702
  • Sp Lp Percent: 95.54
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 1527
  • Total Finished Sq Ft: 1527
  • Above Grade Finished Sq Ft: 1527
  • Price Per Sq Ft: 68.76
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Breakfast Room: Dimensions: 9x9, On Level: Main
  • Extra Room: Mud Room, Dimensions: 9x9, On Level: Main
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Bedroom 4: Dimensions: 25x7, On Level: Upper
  • Other Room1: Screened Porch, Dimensions: 15x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 14x12, 168
  • Fence: Full, Picket

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x12
  • Garage Sq Ft: 240
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx7, On Level: 9
  • Well Size: 4 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 100 x 207
  • Estimated Lot Sq Ft: 20700
  • Estimated Lot Size Acres: 0.48

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors, Storm Windows

Tax Info

  • Annual Taxes: 1505
  • Exemptions: Homestead
  • Tax Code: Tax Code 14-Penn

MLS Schools

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

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

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Range of Values:

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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: 201524454

Indiana Regional MLS

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