NOT LISTED FOR SALE

5587 Spearsville Rd Morgantown, IN 46160

Estimated Value: $263,000 - $352,000

3 Beds
2 Baths
1,544 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $111,127 $72 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,680/month

82 Days on Market

About This Home

As of July 2014

This is a nice little ranch home sitting on some acreage. Home will need some repair but is priced to sell. Home qualifies for Renovation Financing from Fannie Mae for owner occupant buyers. Come see this super property before its sold.

Last Agent to Sell the Property

Ryan Brooks

Listed on: 02/16/2014

Last Buyer's Agent

Melissa Trahan

Trahan Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • Window Screens
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 070230200304000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$216

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1987
  • Garage Y N: Yes
  • Lot Size Acres: 2
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: SeeRemarks
  • Property Description: This is a nice little ranch home sitting on some acreage. Home will need some repair but is priced to sell. Home qualifies for Renovation Financing from Fannie Mae for owner occupant buyers. Come see this super property before its sold.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Some
  • Living Area: 1544
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1544
  • Main Level Sq Ft: 1544
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1544
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Crawl Space
  • List Price: 113900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: None
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070230200304000002
  • Acres: 1-3 Acres
  • Lot Number: 0
  • Lot Size: 2.00 AC

Tax Info

  • Tax Annual Amount: 216
  • Semi Annual Property Tax Amt: 108
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2014
Closed on
Jul 31, 2014
Sold by
Fannie Mae
Bought by
Green Dennis and Green Jennifer
Seller's Agent
Ryan Brooks
Buyer's Agent
Melissa Trahan
Trahan Realty Group
List Price
$122,900
Sold Price
$111,127
Premium/Discount to List
-$11,773
-9.58%
Current Estimated Value
$305,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,201
Avg. Annual Appreciation
9.44%
Original Mortgage
$107,237
Outstanding Balance
$81,768
Interest Rate
4.11%
Mortgage Type
FHA
Estimated Equity
$223,560

Purchase Details

Closed on
Jun 12, 2013
Sold by
Kirts Mark Allen
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Green Dennis $111,127 --
Federal National Mortgage Association $102,310 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Dennis $107,237
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $111,127 -2.4% $72 / Sq Ft
05/10/2014 05/10/14 Pending -- -- --
04/28/2014 04/28/14 Price Changed $113,900 -2.6% $74 / Sq Ft
03/24/2014 03/24/14 Price Changed $116,900 -4.9% $76 / Sq Ft
02/16/2014 02/16/14 For Sale $122,900 -- $80 / 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 $664 $242,000 $40,000 $202,000
2023 $687 $227,200 $40,000 $187,200
2022 $734 $209,200 $35,000 $174,200
2021 $727 $194,000 $30,000 $164,000
2020 $560 $172,600 $25,000 $147,600
2019 $516 $163,500 $25,000 $138,500
2018 $566 $154,900 $25,000 $129,900
2017 $564 $151,600 $25,000 $126,600
2016 $501 $147,900 $25,000 $122,900
2014 $367 $141,100 $25,000 $116,100
2013 $367 $138,600 $25,000 $113,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ryan Brooks

  • M

    Buyer's Agent in 2014

    Melissa Trahan

    Trahan Realty Group

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21275133

MIBOR Broker Listing Cooperative®

APN: 07-02-30-200-304.000-002

Indiana Brown County Morgantown 46160

5587 Spearsville Rd, Morgantown, IN

This home is located at 5587 Spearsville Rd, Morgantown, IN 46160 since 16 February 2014 and is currently estimated at $305,328, approximately $197 per square foot. This property was built in 1987. 5587 Spearsville Rd is a home located in Brown County with nearby schools including Brown County 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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