NOT LISTED FOR SALE

5979 E 500 S Cutler, IN 46920

Estimated Value: $200,000 - $228,000

3 Beds
1.5 Baths
1,200 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 19, 2012

Last sale price $73,000 $61 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,189/month

44 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Ceiling Fan
  • Covered Patio or Porch
  • Central Air
  • Carpet

About This Home

As of January 2012

Recently updated 3 bedroom 1.5 bath Ranch style home on 1 acre just West of Burlington. Home features Family Room, Living Room, Applianced Eat in Kitchen, and 2 car detached garage. REO Property. Offers responded to within 24 to 48 hours.

Last Agent to Sell the Property

Cherie Smith

True Realty Listed on: 11/09/2011

Last Buyer's Agent

Naomi Eason

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $271

Year Built

  • Built in 1980

Lot Details

  • 1

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 08-09-33-000-024.000-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$271

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt NE SE 33-24-1 |
  • Parcel Number ID: 08-09-33-000-024.000-002
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Detector-Smoke, Dryer Hook Up Electric, Porch Covered
  • Special Features: 1028

Interior Features

  • Total Sq Ft: 1200
  • Total Finished Sq Ft: 1200
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 10x20
  • Kitchen: Dimensions: 11x17
  • Family Room: Dimensions: 11x21
  • Bedroom 1: Dimensions: 11x8
  • Bedroom 2: Dimensions: 11x11
  • Bedroom 3: Dimensions: 13x11
  • Main Level Sq Ft: 1200

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x36
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well

Lot Info

  • Lot Dimensions: 110 x 396 estimate
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 271.04
  • Exemptions: Homestead

MLS Schools

  • School District: Carroll Cons. School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2011
Closed on
Jan 11, 2012
Sold by
Dkr Mortgage Asset Trust I
Bought by
Carroll Rayetta S
Seller's Agent
Cherie Smith
True Realty
Buyer's Agent
Naomi Eason
RE/MAX Realty One
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$217,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,920
Avg. Annual Appreciation
8.14%
Original Mortgage
$74,489
Outstanding Balance
$50,872
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$167,048

Purchase Details

Closed on
Jun 25, 2011
Sold by
Conners James
Bought by
Dkr Mortgage Asset Trust I

Purchase Details

Closed on
Nov 14, 2008
Sold by
Runn Steve
Bought by
Conners James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,140
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2008
Sold by
Region Bank
Bought by
Conners James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,140
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2008
Sold by
Morris Jerry L and Bowers Laura E
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Eller Richard W and Eller Erika E
Bought by
Morris Jerry L and Morris Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Eller Richard W and Eller Erika E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Carroll Rayetta S -- None Available
Dkr Mortgage Asset Trust I $55,000 None Available
Conners James $66,000 Carroll Title Services
Conners James -- None Available
Regions Bank -- None Available
Morris Jerry L -- None Available
Eller Richard W -- Investors Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Rayetta S $74,489
Previous Owner Conners James $65,140
Previous Owner Morris Jerry L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2012 01/19/12 Sold $73,000 -8.6% $61 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
11/09/2011 11/09/11 For Sale $79,900 -- $67 / 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 $597 $146,900 $43,200 $103,700
2023 $517 $136,400 $36,200 $100,200
2022 $517 $124,100 $31,500 $92,600
2021 $452 $109,200 $31,500 $77,700
2020 $438 $107,100 $31,500 $75,600
2019 $376 $100,900 $25,000 $75,900
2018 $356 $98,600 $25,000 $73,600
2017 $331 $98,000 $25,000 $73,000
2016 $287 $91,800 $25,000 $66,800
2014 $225 $84,000 $20,600 $63,400
Source: Public Records

Agents Affiliated with this Home

  • Cherie Smith

    Seller's Agent in 2012

    Cherie Smith

    True Realty

    (765) 438-5971

    141 Total Sales

    Cherie Smith
    Section Image
  • Naomi Eason

    Buyer's Agent in 2012

    Naomi Eason

    RE/MAX

    (765) 434-8840

    400 Total Sales

    Naomi Eason
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 789717

Indiana Regional MLS

APN: 08-09-33-000-024.000-002

Indiana Carroll County Cutler 46920

5979 E 500 S, Cutler, IN

Not Listed for Sale

Detached

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