NOT LISTED FOR SALE

5857 N 500 W Marion, IN 46952

Estimated Value: $476,000 - $536,000

4 Beds
4 Baths
4,848 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $279,900 $58 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,048/month

11 Days on Market

Highlights

  • Barn
  • Waterfront
  • Living Room with Fireplace
  • In Ground Pool
  • Dumbwaiter
  • Lake, Pond or Stream

About This Home

As of July 2016

This is an exquisitely unique property with an amazing setting. Come and claim your dream home that offers a relaxing and peaceful environment as well as an enclosed & heated in ground pool. The large pond is fully stocked and ready for you to enjoy. This home offers 4 spacious bedrooms with large closets, 4 bathrooms, custom mil-work, custom kitchen and bathrooms, (2) green geothermal open loop system, a large laundry room with island, a butlers pantry with wet bar and much more. There is a loft that is perfect for studying and or enjoying a good book. There is ample attic space for storage and a unique spiral staircase. Upon entering the home, you will be greeted by several Koi in the Koi Pond. This property offers a detached garage as well as an attached garage. The basement is partially remodeled and is ready for you to finish to your liking. There is a concrete storm cellar that could also be used as a wine cellar. There is a dumbwaiter that comes in handy for taking heavy items to the main floor from the garage and vice versa. The property is approximately 7 acres and features a gazebo, pond, and trees. There is a 2 story deck on the house that you can entertain on or relax and view the fish, geese, and country beauty. There is also a large barn on the property. This property is absolutely stunning and a must see! Sellers are offering a home warranty that will start at closing. **Pre-approval letter must be submitted with any offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1968

Lot Details

  • 7 Acre Lot
  • Waterfront
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Crown Molding
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Security System

Kitchen

  • Dumbwaiter
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath

Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Cellar
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • In Ground Pool
  • Sun Deck
  • Lake, Pond or Stream

Farming

  • Barn

Utilities

  • Radiant Ceiling
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 27-03-07-100-004.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,851

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1968
  • Age: 48
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 03-01-77.01 OH N NE SEC 7 7 A
  • Parcel Number ID: 27-03-07-100-004.000-022
  • Platted: Yes
  • Amenities: Alarm System-Security, Crown Molding, Deck on Waterfront, Dumbwaiter, Foyer Entry, Jet/Garden Tub, Pantry-Walk In, Sump Pump
  • Improvmnts In Last5 Yrs: Yes
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 93.33
  • Special Features: None

Interior Features

  • Total Sq Ft: 4848
  • Total Finished Sq Ft: 4848
  • Above Grade Finished Sq Ft: 2672
  • Below Grade Finished Sq Ft: 2176
  • Basement: Yes
  • Basement Foundation: Cellar, Walk-Out Basement
  • Basement Material: Brick
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 12x23, On Level: Main
  • Kitchen: Dimensions: 9x17, On Level: Main
  • Dining Room: Dimensions: 10x14, On Level: Main
  • Family Room: Dimensions: 13x18, On Level: Main
  • Recreation Room: Dimensions: 15x23, On Level: Basement
  • Bedroom 1: Dimensions: 13x15, On Level: Main
  • Bedroom 2: Dimensions: 11x15, On Level: Main
  • Bedroom 3: Dimensions: 10x15, On Level: Main
  • Bedroom 4: Dimensions: 13x15, On Level: Main
  • Loft: Dimensions: 17x20, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 2176

Exterior Features

  • Exterior: Brick
  • Outbuilding1: 2nd Detached Garage, Dimensions: 28x30
  • Pool: Below Ground
  • Pool: Yes
  • Outbuilding2: Barn

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 19x22
  • Garage Sq Ft: 418

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Ceiling, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 9xMain, On Level: 13
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Swimming Pool

Schools

  • School District: Oak Hill United School Corp.
  • Elementary School: Oakhill
  • Middle School: Oak Hill
  • High School: Oak Hill

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 304920
  • Estimated Lot Size Acres: 7

Tax Info

  • Annual Taxes: 2850.78
  • Exemptions: Geothermal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 21, 2016
Sold by
Smith Kirk D and Smith Tamera K
Bought by
Rosman Yvonne A and Rosman Jacob C
List Price
$299,900
Sold Price
$279,900
Premium/Discount to List
-$20,000
-6.67%
Current Estimated Value
$507,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,322
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Mar 31, 2008
Sold by
Weaver Wade L
Bought by
Smith Kirk D and Smith Tamera K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,400
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2007
Sold by
Weaver Dawn M
Bought by
Weaver Wade L
Source: Public Records

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
Rosman Yvonne A -- None Available
Smith Kirk D -- None Available
Weaver Wade L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosman Yvonne A $245,000
Previous Owner Smith Kirk D $44,000
Previous Owner Smith Kirk D $240,000
Previous Owner Smith Kirk D $25,400
Previous Owner Smith Kirk D $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $279,900 -6.7% $58 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $299,900 -- $62 / 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 $3,407 $420,800 $45,400 $375,400
2023 $3,578 $366,300 $45,400 $320,900
2022 $3,972 $342,100 $41,800 $300,300
2021 $3,448 $305,100 $41,800 $263,300
2020 $3,191 $293,700 $39,700 $254,000
2019 $2,989 $287,200 $39,700 $247,500
2018 $2,917 $270,300 $39,700 $230,600
2017 $2,677 $274,600 $39,700 $234,900
2016 $2,552 $268,500 $39,700 $228,800
2014 $2,892 $294,500 $40,700 $253,800
2013 $2,892 $306,700 $40,700 $266,000
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201624259

Indiana Regional MLS

APN: 27-03-07-100-004.000-022