NOT LISTED FOR SALE

5597 Lanam Ridge Rd Nashville, IN 47448

Estimated Value: $470,000 - $506,000

2 Beds
2.5 Baths
2,160 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $390,000 $181 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,712/month

6 Days on Market

Highlights

  • Above Ground Pool
  • 2 Car Attached Garage
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2021

Are you looking for your own slice of paradise in Brown County? This property has is ALL! Pond, pool, Playground, Outdoor Kitchen, Hiking Trails, Pole Barn, Rustic Home, Open Concept, Fireplace, Cathedral Ceiling, Attached Garage and plenty of Brown County Rustic Charm! This property is designed for the outdoor enthusiast offering all the outdoor amenities possible! Fish in the pond off the gazebo, use the "fishing shed" to store equipment or have a camp out! Hike on the trails, enjoy a campfire, a REAL playground for the kids, above ground pool, outdoor kitchen! Enjoy the day outdoor, then snuggle up on a chilly night by the cozy fireplace! Make this your Brown County retreat or primary residence, this place will not disappoint you!

Last Agent to Sell the Property

Penny Scroggins

Bear Real Estate Sales Listed on: 09/04/2021

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1978

Lot Details

  • 6.49 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Patio Home
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Above Ground Pool

Schools

  • Helmsburg/Brown Elementary School
  • Brown County Middle School
  • Brown County High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 07-06-07-100-122.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Age: 43
  • Style: One and Half Story
  • Architectural Style: Patio/Garden Home
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SE NW 07-09-02 6.49AC
  • Parcel Number ID: 07-06-07-100-122.000-002
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 97.99
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 2160
  • Above Grade Finished Sq Ft: 2160
  • Price Per Sq Ft: 180.56
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 12x25, On Level: Main
  • Kitchen: Dimensions: 16x16, On Level: Main
  • Dining Room: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 14x15, On Level: Upper
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Main Level Sq Ft: 1440
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Pole/Post Building, Dimensions: 24x24
  • Pool: Above Ground
  • Pool: Yes

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x24
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: City

Schools

  • School District: Brown County School Corp.
  • Elementary School: Helmsburg/Brown
  • Middle School: Brown County
  • High School: Brown County
  • Elementary School: Helmsburg/Brown

Lot Info

  • Lot Description: Partially Wooded, Rolling, 6-9.999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 282704
  • Estimated Lot Size Acres: 6.49

Tax Info

  • Annual Taxes: 788
  • Total Assessed Value: 188100

MLS Schools

  • High School: Brown County
  • Middle School: Brown County
  • School District: Brown County School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 14, 2021
Sold by
Hodson Randall W and Hodson Marilyn
Bought by
Thompson Carlos A and Thompson Catharine A
Seller's Agent
Penny Scroggins
Bear Real Estate Sales
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$398,000
Sold Price
$390,000
Premium/Discount to List
-$8,000
-2.01%
Current Estimated Value
$491,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,656
Avg. Annual Appreciation
5.93%
Original Mortgage
$355,914
Outstanding Balance
$324,560
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$167,096

Purchase Details

Closed on
Sep 25, 2013
Sold by
William R William R and Frey Patricia D
Bought by
Hodson Randall W and Hodson Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,925
Interest Rate
4.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thompson Carlos A $390,000 None Available
Hodson Randall W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Carlos A $355,914
Previous Owner Hodson Randall W $71,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $390,000 -2.0% $181 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $398,000 -- $184 / 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 $1,361 $407,700 $62,500 $345,200
2023 $1,593 $386,500 $62,500 $324,000
2022 $1,610 $357,100 $57,500 $299,600
2021 $895 $203,500 $52,500 $151,000
2020 $788 $188,100 $47,500 $140,600
2019 $742 $180,100 $47,500 $132,600
2018 $886 $177,000 $47,500 $129,500
2017 $837 $165,700 $47,500 $118,200
2016 $1,283 $106,900 $47,500 $59,400
2014 $1,225 $102,500 $47,500 $55,000
2013 $1,225 $115,700 $53,100 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202137204

Indiana Regional MLS

APN: 07-06-07-100-122.000-002