NOT LISTED FOR SALE

5850 E Michaels Rd Bloomfield, IN 47424

Estimated Value: $161,000 - $190,000

2 Beds
1 Bath
960 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $150,000 $156 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $981/month

23 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Partially Wooded Lot
  • 2 Car Detached Garage
  • Double Pane Windows

About This Home

As of December 2022

Well maintained ranch on private 2.21 acres at end of private drive. Property features a brand new detached pole barn, workshop with electric and wood floor, and storage shed. Super cute house with 2 bedrooms, 1 bath, ceiling fans, central air, all electric, new walk in shower, master with walk in closet, eat in kitchen with pantry, newer washer and dryer stay. Hurry and you could spend the holidays in your new home!

Last Agent to Sell the Property

Kim Hill

Three Hills Realty Listed on: 09/17/2022

Last Buyer's Agent

Andy Walker

RE/MAX Acclaimed Properties

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 2006

Lot Details

  • 2.21 Acre Lot
  • Lot Dimensions are 290 x 314
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • Double Pane Windows
  • Insulated Doors

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bloomfield Elementary And Middle School
  • Bloomfield High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 28-02-15-000-016.001-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Age: 16
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 009-00608-00 PT SE SE 15 8 4 2.21A
  • Parcel Number ID: 28-02-15-000-016.001-009
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Countertops-Laminate, Eat-In Kitchen, Porch Covered, Stand Up Shower
  • Location: Rural
  • Sp Lp Percent: 90.96
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 156.25
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 20x12
  • Kitchen: Dimensions: 20x11
  • Bedroom 1: Dimensions: 16x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 20x12
  • Outbuilding2: Shed, Dimensions: 12x12, 144

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Bloomfield REMC
  • Well Type: Private

Schools

  • School District: Bloomfield S.D.
  • Elementary School: Bloomfield
  • Middle School: Bloomfield
  • High School: Bloomfield
  • Elementary School: Bloomfield

Lot Info

  • Lot Description: Partially Wooded, Rolling, 0-2.9999
  • Lot Dimensions: 290 x 314
  • Estimated Lot Sq Ft: 96268
  • Estimated Lot Size Acres: 2.21

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 895.5
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Bloomfield
  • Middle School: Bloomfield
  • School District: Bloomfield S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Dec 28, 2022
Sold by
Munas Zachary
Bought by
Marsh Michael and Marsh Melissa
Seller's Agent
Kim Hill
Three Hills Realty
Buyer's Agent
Andy Walker
RE/MAX Acclaimed Properties
List Price
$174,900
Sold Price
$150,000
Premium/Discount to List
-$24,900
-14.24%
Views
44
Current Estimated Value
$172,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,855
Avg. Annual Appreciation
1.85%
Original Mortgage
$50,000
Outstanding Balance
$45,074
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$112,704

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 26, 2020
Sold by
Earle Jessica R
Bought by
Munas Zachary
Seller's Agent
Risa Dyar
Risa Dyar Real Estate
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$128,500
Sold Price
$128,000
Premium/Discount to List
-$500
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$130,944
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Moore Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,400
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Chaltraw David A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 29, 2006
Sold by
Mason Justin R and Long Amber N
Bought by
Jpmorgan Chase Bank
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
Marsh Michael -- --
Munas Zachary -- None Available
Moore Jessica R $35,500 Total Title Llc
Federal Home Loan Mortgage Corporation $54,000 None Available
Jpmorgan Chase Bank $59,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munas Zachary $130,944
Previous Owner Moore Jessica R $28,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $150,000 -9.0% $156 / Sq Ft
09/29/2022 09/29/22 Price Changed $164,900 -5.7% $172 / Sq Ft
09/17/2022 09/17/22 For Sale $174,900 +36.6% $182 / Sq Ft
10/26/2020 10/26/20 Sold $128,000 -0.4% $133 / Sq Ft
09/17/2020 09/17/20 For Sale $128,500 -- $134 / 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 $775 $99,500 $21,600 $77,900
2023 $2,004 $99,500 $21,600 $77,900
2022 $329 $67,800 $18,600 $49,200
2021 $331 $63,400 $18,500 $44,900
2020 $368 $64,000 $18,500 $45,500
2019 $307 $64,600 $18,600 $46,000
2018 $311 $65,200 $18,600 $46,600
2017 $291 $63,400 $18,700 $44,700
2016 $276 $58,100 $18,800 $39,300
2014 $226 $54,800 $18,800 $36,000
2013 -- $54,700 $18,700 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202238922

Indiana Regional MLS

APN: 28-02-15-000-016.001-009