NOT LISTED FOR SALE

5788 S Bear Wallow Rd Morgantown, IN 46160

Estimated Value: $318,000 - $557,000

3 Beds
3 Baths
2,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $375,000 $188 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,736/month

5 Days on Market

Highlights

  • Home fronts a creek
  • Wooded Lot
  • Pole Barn
  • 13.38 Acre Lot
  • Traditional Architecture
  • No HOA

About This Home

As of January 2022

Peaceful home in the country on 13 wooded acres with a creek. Newly remodeled home has 2000 sq ft, 3 bed and 3 bath. Great room with heated floors give off plenty of heat to help reduce your hvac usage. Or cozy up in the living room w the wood burning fireplace. Three bedrooms upstairs include a new master suite. Enjoy relaxing outdoors just listening to nature and the babbling creek with a beautiful shale wall and clear water to wade in. This property has a 30x48 insulated pole barn with HVAC. Inside has an animal pen with access to a fenced exterior as well as a cooler room for preparing your hunted animals. Additional storage in the 16x24 mini barn. Beautiful property with a picturesque setting.

Last Agent to Sell the Property

Shannon Schoolcraft

Keller Williams Indy Metro S License #RB14042506 Listed on: 12/20/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Darrell Cecil

RE/MAX 1st Realty

RE/MAX 1st Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1969

Lot Details

  • 13.38 Acre Lot
  • Home fronts a creek
  • Rural Setting
  • Wooded Lot
  • Additional Parcels

Parking

  • 4 Car Detached Garage
  • Paver Block

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 551431300006001012

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1969
  • Building Area Total: 2000
  • Garage Y N: Yes
  • Lot Size Acres: 13.38
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: shannonschoolcraft@kw.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer, MicroHood, Electric Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Breakfast Bar, Eat-in Kitchen
  • Living Area: 2000
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1000
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1000
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2000

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole
  • Foundation Details: Slab
  • List Price: 375000
  • Waterfront Features: Creek
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Paver Block

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric, Propane
  • Laundry Features: Upper Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision, Wooded
  • Property Attached Yn: No
  • Additional Parcels Description: 551431300006000012
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 473018
  • Parcel Number: 551431300006001012
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 456
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 228
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 24, 2022
Sold by
Damian Hicks Myles
Bought by
Stanley Stephens
Seller's Agent
Shannon Schoolcraft
Keller Williams Indy Metro S
Buyer's Agent
Darrell Cecil
RE/MAX 1st Realty
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$449,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,971
Avg. Annual Appreciation
2.82%
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
Stanley Stephens $375,000 Courtland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Myles Danian $80,000
Previous Owner Hicks Myles Damian $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $375,000 0.0% $188 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $375,000 -- $188 / 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 $3,416 $417,800 $188,500 $229,300
2023 $2,130 $340,800 $124,200 $216,600
2022 $938 $171,900 $67,800 $104,100
2021 $504 $110,000 $32,400 $77,600
2020 $442 $106,700 $32,400 $74,300
2019 $313 $92,400 $33,800 $58,600
2018 $284 $88,800 $33,100 $55,700
2017 $820 $89,600 $34,300 $55,300
2016 $511 $54,800 $31,900 $22,900
2014 $427 $59,100 $35,700 $23,400
2013 $427 $57,100 $33,700 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21829888

MIBOR Broker Listing Cooperative®

APN: 55-14-31-300-006.001-012