NOT LISTED FOR SALE

6980 Spearsville Rd Morgantown, IN 46160

Estimated Value: $428,000 - $565,000

3 Beds
2 Baths
2,610 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $230,000 $88 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,908/month

143 Days on Market

About This Home

As of July 2013

Custom built 3 BR ranch on 18.9 acres with 1.5 acre pond. Full walkout basement with office, rec room and bonus room. Master BR w/ walk-in closet,3 year old roof, modern kitchen, dining area with bay window thermopane windows, laminate floor in living room, 20 x 18 sunroom. 3 car detached garage with workshop. Alternate water source from pond. Can be purchased as one property containing 23 acres with 3BR Farmhouse and 2 out-buildings with BLC#21206968

Last Listed By

Tom Vornholt

Carpenter Hills O'Brown License #RB14036813 Listed on: 12/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • 1990

Lot Details

  • 19

Utilities

  • Heating System Uses Propane
  • Well

Additional Features

  • Laundry on main level
  • Covered patio or porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.browncountyhomes.com
  • Architectural Style: Ranch
  • Directions: Nashville: North on State Road 135 for 5.2 miles to Spearsville Rd (Bean Blossom). Right on Spearsville Rd for 2.1 miles to property on left
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Appliances: Dishwasher, Kit Exhaust, Gas Oven, Range Hood, Refrigerator
  • Has Basement: Daylight/Lookout Windows, Unfinished, Walk Out
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Center Island,Dining Combo/Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1305
  • Main Level Sq Ft: 1305
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Main Level
  • Below Grade Sq Ft: 1305
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Walk Out Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete, Walk-in Closet(s), Wood Work Painted
  • Other Equipment: Satellite Dish Rented, Smoke Detector, Water-Softener Rented

Exterior Features

  • Exterior Features: Barn Pole, Driveway Gravel
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch
  • Construction Type: Vinyl With Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Detached,3 Car Detached
  • Garage Parking Other: Garage Door Opener,Service Door,Workshop

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Private Well 2nd Source
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Acres: 10-20 Acres
  • Lot Information: Pond,Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 18.918

Tax Info

  • Semi Annual Property Tax Amt: 430
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 860
  • Tax Year: 2012

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jul 19, 2013
Sold by
Parker Dorothea L
Bought by
Shireman Erich D and Shireman Sarah J
Seller's Agent
Tom Vornholt
Carpenter Hills O'Brown
Buyer's Agent
Corina Jones
Your Home Team
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Total Days on Market
143
Current Estimated Value
$499,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,446
Avg. Annual Appreciation
7.46%
Original Mortgage
$234,692
Outstanding Balance
$174,541
Interest Rate
3.93%
Mortgage Type
Stand Alone First
Estimated Equity
$363,605

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
Shireman Erich D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shireman Erich D $234,692
Previous Owner Parker Dorothea L $10,700
Previous Owner Parker Dorothea L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $230,000 -7.6% $88 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $249,000 -- $95 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,672 $337,000 $92,800 $244,200
2023 $1,672 $335,800 $110,500 $225,300
2022 $1,693 $316,100 $87,100 $229,000
2021 $1,540 $270,400 $75,200 $195,200
2020 $1,304 $242,100 $59,200 $182,900
2019 $1,226 $227,800 $61,600 $166,200
2018 $1,408 $218,000 $62,000 $156,000
2017 $1,426 $216,600 $64,000 $152,600
2016 $1,287 $202,600 $65,000 $137,600
2014 $898 $182,800 $65,800 $117,000
2013 $898 $177,700 $63,300 $114,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21206933

MIBOR Broker Listing Cooperative®

APN: 07-02-20-100-109.000-006