NOT LISTED FOR SALE

5725 Us Highway 50 W Mitchell, IN 47446

Estimated Value: $245,000 - $286,000

2 Beds
2 Baths
1,476 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $205,000 $139 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,647/month

31 Days on Market

Highlights

  • 12 Acre Lot
  • 1 Car Attached Garage
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Central Air
  • Carpet

About This Home

As of January 2022

COUNTRY CABIN ON 12 WOODED ACRES. Perfect country getaway located only minutes from both Mitchell and Bedford. This A-Frame home is well maintained and move-in ready! As you come up the blacktop driveway you cannot help but notice the Gatlinburg-style views and the gorgeous stone work on the front of this home. When you walk into the front door you're greeted by new laminate flooring in the oversized family room along with a laundry room and full bathroom. Go on up the stairs and the second level boasts a living room that has two large sliding glass doors that lead out onto the 24X20 deck that allows for amazing views and natural light. The kitchen comes furnished with refrigerator, dishwasher, and stove and the full bathroom has a deep, soaker, clawfoot tub. The upper level contains two bedrooms with new carpet. Updates include a new metal roof, windows, carpet and laminate flooring. This property is a must see!

Last Agent to Sell the Property

Sarah Arp

Arp Realty Listed on: 12/17/2021

Last Buyer's Agent

Sarah Arp

Arp Realty Listed on: 12/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1971

Lot Details

  • 12 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,476 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Burris/Hatfield Elementary School
  • Mitchell Middle School
  • Mitchell High School

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 47-12-26-400-031.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Age: 50
  • Style: Three Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SEC 26 TWP 4 R2W 12A; NE SE
  • Parcel Number ID: 47-12-26-400-031.000-013
  • Platted: Yes
  • Sp Lp Percent: 89.17
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 3

Interior Features

  • Total Sq Ft: 1476
  • Total Finished Sq Ft: 1476
  • Above Grade Finished Sq Ft: 1476
  • Price Per Sq Ft: 138.89
  • Basement Foundation: Slab
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 14x12, On Level: Upper
  • Kitchen: Dimensions: 12x11, On Level: Upper
  • Family Room: Dimensions: 22x23, On Level: Main
  • Bedroom 1: Dimensions: 12x7, On Level: Upper
  • Bedroom 2: Dimensions: 16x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Stone
  • Roof Material: Metal
  • Outbuilding1: 2nd Detached Garage, Dimensions: 25x32

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x12
  • Garage Sq Ft: 264
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Daviess-Martin REMC
  • Water Company: S Lawrence Water

Schools

  • School District: Mitchell Community Schools
  • Elementary School: Burris/Hatfield
  • Middle School: Mitchell
  • High School: Mitchell
  • Elementary School: Burris/Hatfield

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 522720
  • Estimated Lot Size Acres: 12

Tax Info

  • Annual Taxes: 640
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Mitchell
  • Middle School: Mitchell
  • School District: Mitchell Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 14, 2022
Sold by
Stancombe Lynndsey G
Bought by
Connect Resourses Llc
Seller's Agent
Sarah Arp
Arp Realty
Buyer's Agent
Sarah Arp
Arp Realty
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%
Total Days on Market
31
Current Estimated Value
$265,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,173
Avg. Annual Appreciation
6.03%
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
Connect Resourses Llc $205,000 Classic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stancombe Lyndsey G $80,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $205,000 -10.8% $139 / Sq Ft
12/17/2021 12/17/21 For Sale $229,900 -- $156 / 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 $2,180 $136,600 $16,000 $120,600
2023 $2,137 $116,200 $15,100 $101,100
2022 $666 $109,500 $14,400 $95,100
2021 $667 $100,800 $12,400 $88,400
2020 $641 $96,500 $12,100 $84,400
2019 $539 $88,400 $12,200 $76,200
2018 $1,621 $86,800 $12,100 $74,700
2017 $538 $84,900 $12,100 $72,800
2016 $581 $89,300 $12,100 $77,200
2014 $553 $85,700 $11,800 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202151368

Indiana Regional MLS

APN: 47-12-26-400-031.000-013