NOT LISTED FOR SALE

688 W 50 S Monroe, IN 46772

Estimated Value: $324,000 - $516,189

2 Beds
2 Baths
1,900 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $450,000 $237 Per Sq Ft

Current estimated payment $2,650/month

26 Days on Market

Highlights

  • Lake Front
  • Lake, Pond or Stream
  • Level Lot
  • Adams Central Middle School Rated A-
  • 3 Car Attached Garage

About This Home

As of November 2022

Schwartz Auction- September 27, 2022 @ 6pm. 688 W. 50 S. Monroe, 46772 (auction to be held @ 640 W. 50 S. Monroe, IN) Magnificent 6 acre property on south edge of Monroe, IN 46772. Property boasts a beautiful Barndominium with 3800 sq. ft. of living space attached to a 50'x 50' insulated shop with bathroom. This home has 1900 sq. ft. finished on the main floor and 1900 sq. ft. of framed area on the 2nd floor waiting for you to finish to your taste. Finished living area includes 2 bedrooms and 1 bathroom with finished oak throughout. A fully stocked 1/2 acre pond sits just out of your back door off the beautiful covered patio. You will also have your own 24' x 30' horse shed and plenty of pasture area.

Last Agent to Sell the Property

Corbin Bultemeier

Shaw Real Estate & Auction Listed on: 09/01/2022

Co-Listed By

Gary Shaw

Shaw Real Estate & Auction

Last Buyer's Agent

Corbin Bultemeier

Shaw Real Estate & Auction Listed on: 09/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 2018

Lot Details

  • 6.21 Acre Lot
  • Lake Front
  • Level Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Adams Central Elementary And Middle School
  • Adams Central High School

Utilities

  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Lake, Pond or Stream
  • Livestock Fence

Listing and Financial Details

  • Assessor Parcel Number 01-08-04-300-007.500-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,749

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2018
  • Age: 4
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NE COR SW SEC 4 (6.208A)
  • Parcel Number ID: 01-08-04-300-007.500-008
  • Platted: Yes
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 100
  • County Zoning: R1
  • Year Taxes Payable: 2022
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 4280
  • Total Finished Sq Ft: 1900
  • Above Grade Finished Sq Ft: 1900
  • Above Grade Unfinished Sq Ft: 1900
  • Below Grade Sq Ft: 480
  • Price Per Sq Ft: 236.84
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 30x17, On Level: Main
  • Kitchen: Dimensions: 30x18, On Level: Main
  • Bedroom 1: Dimensions: 16x16, On Level: Main
  • Bedroom 2: Dimensions: 16x13, On Level: Main
  • Other Room1: Pantry, Dimensions: 8x8, On Level: Main
  • Other Room 2: Storage, Dimensions: 12x8, On Level: Main
  • Other Room 3: Covered outdoor patio, Dimensions: 24x24, On Level: Main
  • Main Level Sq Ft: 1900
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 480

Exterior Features

  • Exterior: Metal
  • Outbuilding1: Horse Facilities, Dimensions: 30x24, 720
  • Fence: Farm
  • Outbuilding2: Shed, Dimensions: 16x12, 192

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 50x50
  • Garage Sq Ft: 2500
  • Garage: Yes

Utilities

  • Heating Fuel: Wood
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 14
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Adams Central
  • Elementary School: Adams Central
  • Middle School: Adams Central
  • High School: Adams Central
  • Elementary School: Adams Central

Lot Info

  • Lot Description: Level, 6-9.999
  • Lot Dimensions: 590' x 526' Minus NW corner 198'x166'
  • Estimated Lot Sq Ft: 270420
  • Estimated Lot Size Acres: 6.21

Tax Info

  • Annual Taxes: 1748.58
  • Total Assessed Value: 217400

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Adams Central
  • Middle School: Adams Central
  • School District: Adams Central

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schwartz Matthew L $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $450,000 0.0% $237 / Sq Ft
09/29/2022 09/29/22 Price Changed $450,000 +44900.0% $237 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,000 -- $1 / 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 $2,344 $265,700 $35,400 $230,300
2023 $2,361 $249,800 $33,600 $216,200
2022 $2,173 $235,900 $31,700 $204,200
2021 $1,984 $217,400 $27,900 $189,500
2020 $1,894 $214,600 $27,800 $186,800
Source: Public Records

Agents Affiliated with this Home

  • Corbin Bultemeier

    Seller's Agent in 2022

    Corbin Bultemeier

    Shaw Real Estate & Auction

    (260) 223-7352

    36 Total Sales

    Corbin Bultemeier
    Section Image

  • G

    Seller Co-Listing Agent in 2022

    Gary Shaw

    Shaw Real Estate & Auction

    (260) 827-8294

    38 Total Sales

    Gary Shaw
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202236577

Indiana Regional MLS

APN: 01-08-04-300-007.500-008

Indiana Adams County Monroe 46772

688 W 50 S, Monroe, IN

This home is located at 688 W 50 S, Monroe, IN 46772 since 01 September 2022 and is currently estimated at $451,396, approximately $237 per square foot. This property was built in 2018. 688 W 50 S is a home located in Adams County with nearby schools including Adams Central Elementary School, Adams Central Middle School, and Adams Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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