NOT LISTED FOR SALE

58 Oak St Somerset, IN 46984

Estimated Value: $147,000 - $170,810

3 Beds
1 Bath
1,435 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $132,000 $92 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $893/month

113 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Eat-In Kitchen
  • Utility Room in Garage
  • 1 Car Attached Garage
  • Bathtub with Shower

About This Home

As of November 2022

MOTIVATED SELLER!! SELLER SAYS BRING ME AN OFFER!! Situated in the town of Somerset you will find this 3 bedroom ranch home with LOTS of updates, Awaiting its new owners to put their finishing touches on. Upon entering the home you are instantly greeted with BRAND NEW UPDATES! The large living room is boasting all new flooring, trim, light fixtures, & paint. Onto the BRAND NEW eat-in kitchen featuring all NEW: Cabinets, flooring, paint, light fixtures, countertops, add in a pantry and large picture window to complete the space. The brand new laundry room/mud room is complete with new trim & flooring. The new bathroom boasts all new flooring, baseboard trim, new vanity w/ granite countertop, and all new light fixtures, complete with a tub/shower combo. Hallway is also is complete with new flooring, paint, and baseboard trim. Entering the bedrooms you will have the chance to put your personal touches to the home as they are waiting for you to make them yours! The updates do not stop there... new 50 gal electric water heater, heat pump is only 3 years old, newer 200 amp electric service are added to the list. 1 car attached garage is finished. Outside you will find your concrete drive with an extra stone parking area & Out back you will notice the "unique fencing", this is a real CYPRESS wood fence! Fencing needs re-painted but wood is in good condition! All of this in the quite small town of Somerset with a LARGE yard and plenty of room to roam. Close to the reservoir, & easy access to Marion, Oak Hill Schools, & Wabash!

Last Agent to Sell the Property

Tisha Strickler

Lundquist Appraisals & Real Estate Listed on: 07/18/2022

Last Buyer's Agent

John Lundquist

Lundquist Appraisals & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $551

Year Built

  • Built in 1967

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 140 x 130
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,435 Sq Ft Home
  • Ceiling Fan
  • Utility Room in Garage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • Southwood Elementary And Middle School
  • Southwood High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 85-18-27-403-080.000-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$551

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1967
  • Age: 55
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SOMERSET ADDN LOT 58 & PT LOT 57 & PT LOT 61
  • Parcel Number ID: 85-18-27-403-080.000-013
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Porch Open, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Cross Street: Third St
  • Improvmnts In Last5 Yrs: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 98.58
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1435
  • Total Finished Sq Ft: 1435
  • Above Grade Finished Sq Ft: 1435
  • Price Per Sq Ft: 91.99
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 21x14, On Level: Main
  • Kitchen: Dimensions: 16x18, On Level: Main
  • Bedroom 1: Dimensions: 16x10, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick, Wood
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Wood

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 30x14
  • Garage Sq Ft: 420
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 10

Schools

  • School District: MSD of Wabash County Schools
  • Elementary School: Southwood
  • Middle School: Southwood
  • High School: Southwood
  • Elementary School: Southwood

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 140 X 130
  • Estimated Lot Sq Ft: 18200
  • Estimated Lot Size Acres: 0.4

Tax Info

  • Annual Taxes: 24
  • Exemptions: Disabled, Homestead

MLS Schools

  • High School: Southwood
  • Middle School: Southwood
  • School District: MSD of Wabash County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 10, 2022
Sold by
Moser Ricky E
Bought by
Sweet Ashlyn Grace and Sweet Neil
Seller's Agent
Tisha Strickler
Lundquist Appraisals & Real Estate
Buyer's Agent
John Lundquist
Lundquist Appraisals & Real Estate
List Price
$159,900
Sold Price
$132,000
Premium/Discount to List
-$27,900
-17.45%
Views
40
Current Estimated Value
$154,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,703
Avg. Annual Appreciation
5.55%
Original Mortgage
$125,400
Outstanding Balance
$122,210
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$31,003
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
Sweet Ashlyn Grace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweet Ashlyn Grace $125,400
Previous Owner Moser Jerry B $53,393
Previous Owner Moser Jerry B $58,712
Previous Owner Moser Jerry B $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $132,000 -1.4% $92 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $133,900 -6.9% $93 / Sq Ft
08/19/2022 08/19/22 Price Changed $143,900 -4.0% $100 / Sq Ft
08/08/2022 08/08/22 Price Changed $149,900 -6.3% $104 / Sq Ft
07/18/2022 07/18/22 For Sale $159,900 -- $111 / 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 $551 $121,700 $18,500 $103,200
2023 $490 $119,000 $18,500 $100,500
2022 $233 $88,400 $15,700 $72,700
2021 $90 $77,500 $15,700 $61,800
2020 $0 $71,600 $15,700 $55,900
2019 $7 $71,600 $15,700 $55,900
2018 $0 $68,800 $15,700 $53,100
2017 $24 $69,300 $15,700 $53,600
2016 $24 $71,500 $15,700 $55,800
2014 -- $74,000 $15,700 $58,300
2013 -- $72,700 $15,700 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202229644

Indiana Regional MLS

APN: 85-18-27-403-080.000-013