NOT LISTED FOR SALE

5616 E 1100 N Morristown, IN 46161

Estimated Value: $161,000 - $510,000

4 Beds
1 Bath
2,395 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $160,000 $67 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,936/month

640 Days on Market

Highlights

  • 19 Acre Lot
  • Separate Formal Living Room
  • Garage
  • Pole Barn

About This Home

As of January 2017

This 1900's farm style 2 story home sits on 19 beautiful acres. 8 acres are tillable. Home has been gutted on the inside. Rooms framed and ready to finish. Exterior has new siding and roof. Barn has 1680 sf with new siding and doors and there are 2) 10,000 bushel grain bins on property. This unique property offers you the opportunity to finish just for your family.

Last Agent to Sell the Property

Nancy Smith

Carpenter, REALTORS® Listed on: 03/13/2015

Carpenter, REALTORS®

Last Buyer's Agent

Robert Beckham

Bobby B Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 1900

Lot Details

  • 19

Parking

  • Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Separate Formal Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Tank

Additional Features

  • Pole Barn
  • 19 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 730406400003000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Garage Y N: Yes
  • Lot Size Acres: 19
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This 1900's farm style 2 story home sits on 19 beautiful acres. 8 acres are tillable. Home has been gutted on the inside. Rooms framed and ready to finish. Exterior has new siding and roof. Barn has 1680 sf with new siding and doors and there are 2) 10,000 bushel grain bins on property. This unique property offers you the opportunity to finish just for your family.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2395
  • Other Equipment: Not Applicable
  • Room Count: 9
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room,Kitchen Country
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2395
  • Main Level Sq Ft: 1347
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2395
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1048
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole
  • Foundation Details: Crawl Space
  • List Price: 199000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Wrap Around Porch

Garage/Parking

  • Fuel: No Fuel Source
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: None
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: No Water Heater

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730406400003000007
  • Acres: 10-20 Acres
  • Lot Information: Creek On Property,Tree Mature,Wooded,See Remarks
  • Lot Number: 0
  • Lot Size: 19 ac

Tax Info

  • Tax Annual Amount: 808
  • Semi Annual Property Tax Amt: 404
  • Tax Exemption: None

MLS Schools

  • School District: Shelby Eastern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Mollenkopf Realty Llc
Bought by
Freeman Robert J
Current Estimated Value
$336,778

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jan 6, 2017
Sold by
Mollenkopf Realty Llc
Bought by
Freeman Robert J
Seller's Agent
Nancy Smith
Carpenter, REALTORS®
Buyer's Agent
Robert Beckham
Bobby B Realty
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$160,000
Interest Rate
4.08%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 23, 2008
Sold by
Mccarty Farms Family Lp
Bought by
Mollenkopf Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,700
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2008
Sold by
Nelsons Meadowbrook Farms Inc
Bought by
Mccarty Farms Family Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,700
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Freeman Robert J -- None Listed On Document
Freeman Robert J $160,000 None Available
Mollenkopf Realty Llc -- --
Schwier Ronald B -- --
Mccarty Farms Family Limited Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Robert J $160,000
Previous Owner Schwier Ronald B $856,700
Previous Owner Mollenkopf Realty Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $160,000 0.0% $67 / Sq Ft
12/13/2016 12/13/16 Off Market $160,000 -- --
08/31/2015 08/31/15 Price Changed $199,000 -11.6% $83 / Sq Ft
03/13/2015 03/13/15 For Sale $225,000 -- $94 / 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 $1,885 $214,000 $50,900 $163,100
2023 $2,025 $218,200 $46,500 $171,700
2022 $1,930 $199,300 $39,800 $159,500
2021 $1,596 $172,100 $37,300 $134,800
2020 $1,486 $166,900 $37,200 $129,700
2019 $1,411 $159,900 $39,100 $120,800
2018 $1,288 $149,100 $37,900 $111,200
2017 $704 $63,700 $40,700 $23,000
2016 $965 $69,000 $41,600 $27,400
2014 $880 $65,600 $41,800 $23,800
2013 $880 $62,200 $38,400 $23,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21340435

MIBOR Broker Listing Cooperative®

APN: 73-04-06-400-003.000-007