NOT LISTED FOR SALE

5646 Spearsville Rd Morgantown, IN 46160

Estimated Value: $441,269 - $627,000

4 Beds
2.5 Baths
3,420 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $276,500 $81 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,868/month

219 Days on Market

Highlights

  • Cape Cod Architecture
  • Security System Owned
  • Forced Air Heating and Cooling System
  • Storm Windows
  • Shed
  • Garage

About This Home

As of July 2018

Welcome home! This old farm house boasts many tasteful updates, tons of storage and unique character. This home has been loved and well maintained and awaits it's new owners. This 4 bedroom home has hardwood floors, ceramic tile floors, newer metal roof, new furnace, a fully stocked fishing pond and much more. See today!

Last Agent to Sell the Property

Erin Engelking

Listed on: 10/27/2017

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,038

Year Built

  • Built in 1972

Lot Details

  • 2.27

Parking

  • Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Multiple Phone Lines

Additional Features

  • Shed
  • 2.27 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 070230100113000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,038

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1972
  • Garage Y N: Yes
  • Lot Size Acres: 2.27
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome home! This old farm house boasts many tasteful updates, tons of storage and unique character. This home has been loved and well maintained and awaits it's new owners. This 4 bedroom home has hardwood floors, ceramic tile floors, newer metal roof, new furnace, a fully stocked fishing pond and much more. See today!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Storms Some
  • Living Area: 3420
  • Other Equipment: Network Ready, Multiple Phone Lines, Security Alarm Paid, Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 8
  • Eating Area: Dining Combo/Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2664
  • Main Level Sq Ft: 1332
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 3420
  • Below Grade Sq Ft: 756
  • Upper Level Sq Ft: 1332
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Block, Block
  • List Price: 274500
  • Association Maintained Building Exterior: 0
  • Porch: Breeze Way,Deck Main Level

Garage/Parking

  • Fuel: Gas,Propane Leased
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener,Other

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Private Well 2nd Source
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070230100113000002
  • Acres: 1-3 Acres
  • Lot Information: Pond,Rural No Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 98881

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1038
  • Semi Annual Property Tax Amt: 519
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Jul 10, 2018
Sold by
Brock Karen S
Bought by
Grimes Christopher J
Seller's Agent
Erin Engelking
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$274,500
Sold Price
$276,500
Premium/Discount to List
$2,000
0.73%
Current Estimated Value
$523,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,317
Avg. Annual Appreciation
9.21%
Original Mortgage
$276,500
Outstanding Balance
$240,158
Interest Rate
4.6%
Mortgage Type
Unknown
Estimated Equity
$283,659

Purchase Details

Closed on
Apr 20, 2005
Sold by
Hartshorne Lloyd W and Hartshorne Virginian L
Bought by
Brock Karen S and Brock Gilbert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.05%
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
Grimes Christopher J $276,500 --
Grimes Christopher J $276,500 Transnation Title Agency
Brock Karen S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Christopher J $276,500
Previous Owner Brock Karen S $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $276,500 +0.7% $81 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $274,500 0.0% $80 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $274,500 -4.0% $80 / Sq Ft
01/03/2018 01/03/18 Price Changed $285,900 -4.7% $84 / Sq Ft
10/27/2017 10/27/17 For Sale $299,900 -- $88 / 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 $954 $377,300 $36,000 $341,300
2023 $925 $352,000 $36,400 $315,600
2022 $986 $322,200 $31,100 $291,100
2021 $1,001 $302,800 $26,000 $276,800
2020 $794 $276,600 $21,000 $255,600
2019 $704 $260,600 $21,100 $239,500
2018 $864 $254,200 $21,200 $233,000
2017 $1,081 $224,400 $25,700 $198,700
2016 $1,038 $222,600 $26,000 $196,600
2014 $794 $213,800 $26,300 $187,500
2013 $794 $209,000 $25,400 $183,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21522184

MIBOR Broker Listing Cooperative®

APN: 07-02-30-100-113.000-002