NOT LISTED FOR SALE

57505 Cottage Grove Ave Osceola, IN 46561

Estimated Value: $144,000 - $232,000

3 Beds
2 Baths
1,080 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $39,000 $36 Per Sq Ft

Est. 400% increase in value since last sale

Current estimated payment $1,136/month

245 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Elm Road Elementary School Rated A

About This Home

As of April 2014

3 BEDROOM PENN RANCH WITH 2 CAR GARAGE ON A LARGE LOT. THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 5% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH MORTGAGE FINANCING. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.

Last Listed By

David Miller

Berkshire Hathaway HomeServices Elkhart Listed on: 06/18/2013

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $225

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 160 x 120

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 3 Bedrooms
  • 1,080 Sq Ft Home
  • Crawl Space

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 14-1098-3319

Home Details

Home Type

Single Family

Est. Annual Taxes

$225

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Age: 34
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Legal Description: LOTS 243 244 LINCOLN HWY HOMESITES
  • Parcel Number ID: 14-1098-3319
  • Platted: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 97.74
  • Special Features: None

Interior Features

  • Total Sq Ft: 1080
  • Total Finished Sq Ft: 1080
  • Above Grade Finished Sq Ft: 1080
  • Price Per Sq Ft: 36.11
  • Basement Foundation: Crawl
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: N/A
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Other Room1: On Level: N/A
  • Other Room 2: On Level: N

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Unknown

Schools

  • High School: Penn

Lot Info

  • Lot Dimensions: 160 x 120
  • Estimated Lot Sq Ft: 19166
  • Estimated Lot Size Acres: 0.44
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 225.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Apr 11, 2014
Sold by
Fannie Mae
Bought by
Latson Michael A and Latson Marilyn
Seller's Agent
David Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Maria Pendley
Keller Williams Realty Group
List Price
$47,900
Sold Price
$39,000
Premium/Discount to List
-$8,900
-18.58%
Total Days on Market
245
Current Estimated Value
$195,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,079
Avg. Annual Appreciation
15.61%
Original Mortgage
$49,632
Outstanding Balance
$38,342
Interest Rate
4.31%
Mortgage Type
FHA
Estimated Equity
$157,360

Purchase Details

Closed on
May 9, 2013
Sold by
St Joseph County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 24, 2005
Sold by
Martino Dominic J and Martino Janet L
Bought by
Martino Michael

Range of Values:

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Average Value
Not Available
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
Latson Michael A -- --
Federal National Mortgage Association $97,558 --
Martino Michael -- Pioneer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latson Michael A $5,000
Open Latson Michael A $49,632
Previous Owner Martino Michael $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $39,000 -18.6% $36 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
06/18/2013 06/18/13 For Sale $47,900 -- $44 / 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 $526 $94,400 $15,500 $78,900
2023 $468 $94,700 $15,500 $79,200
2022 $466 $91,100 $9,000 $82,100
2021 $529 $88,400 $9,000 $79,400
2020 $504 $88,600 $9,000 $79,600
2019 $512 $88,800 $9,000 $79,800
2018 $506 $88,900 $9,000 $79,900
2017 $501 $88,600 $9,000 $79,600
2016 $547 $90,600 $9,000 $81,600
2014 $430 $77,500 $9,000 $68,500
2013 $405 $77,600 $9,000 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 677564

Indiana Regional MLS

APN: 71-10-17-302-003.000-031