NOT LISTED FOR SALE

7007 S Lockenour Rd Pekin, IN 47165

Estimated Value: $511,000 - $671,053

6 Beds
2.5 Baths
4,120 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $294,352 $71 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,462/month

Highlights

  • Scenic Views
  • 40.03 Acre Lot
  • Near a National Forest
  • East Washington Elementary School Rated 9+
  • Open Floorplan
  • Deck

About This Home

As of December 2015

HUGE REDUCTION!! Hunter's Paradise! Have your very own piece of country-side tranquility! This beautiful 40+/- acre farm is nestled up closely to the Clark Co. Forestry. Gorgeous 2 story log cabin on a partially finished, walk-out basement has 6, possibly 8 bedrooms if you choose to use the 2 in the basement! Home has a 3 car attached garage & a large horse barn with 4 stalls. Covered wrap-around porch! There is a perfect area to put a pond or even a lake if you prefer! This property will take your breath away! Schedule your appointment and you'll fall in love!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 04/21/2015

Last Buyer's Agent

Becky Castle

Mainstreet REALTORS License #RB14041416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 2006

Lot Details

  • 40.03 Acre Lot
  • Electric Fence
  • Wooded Lot
  • Property is zoned Agri/ Residential

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Log Cabin
  • Slab Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 4,120 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Family Room
  • Formal Dining Room
  • Den
  • First Floor Utility Room
  • Utility Room
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Farming

  • Horse or Livestock Barn
  • Horse Farm

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener
  • On Site Septic
  • Satellite Dish

Community Details

  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 881528000015000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Improvements: 227400
  • Additional Parking: Off Street
  • Annual Tax: 2604
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Slab
  • Land Assessment: 68200
  • Legal Description: PT NH NW 28-1-5 15.03 AC. W PT NW NW 28-1-5 25 AC. & EH NE NE 29-1-5 20 AC.
  • Lot Dimensions: 40.03
  • Numof Fireplaces: 2
  • Out Buildings: Horse Barn, Shed
  • Parcel Number: 881528000015000015
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 295600
  • Total Finished Square Footage: 4120
  • Type: 2 Story, Log
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 3536.00
  • Appliances: Dishwasher, Disposal, Microwave, Range / Oven, Satellite, Water Softener
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Built-In Bookcase, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Den/Office, Eat-In Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Natural Wood Trim, Open Floor Plan, Pantry, Utility/Mud Room, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 1743707.00
  • Room Count: 12
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 4120
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck, Electronic Fencing, Screens, Thermopane Windows

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 40.0300
  • Farm Type: Horse
  • Lot Description: Adjacent Nat Forest, Scenic View, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Dec 18, 2015
Sold by
Hart George P and Hart Kimberly A
Bought by
Reasor Joshua M
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Becky Castle
Mainstreet REALTORS
List Price
$549,000
Sold Price
$294,352
Premium/Discount to List
-$254,648
-46.38%
Current Estimated Value
$591,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,675
Avg. Annual Appreciation
7.40%
Original Mortgage
$289,019
Outstanding Balance
$232,617
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$358,410
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
Reasor Joshua M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reasor Joshua M $289,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $294,352 -46.4% $71 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $549,000 -- $133 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $4,086 $381,500 $64,500 $317,000
2023 $3,751 $354,200 $57,000 $297,200
2022 $3,613 $319,600 $49,200 $270,400
2021 $3,297 $291,800 $45,100 $246,700
2020 $3,237 $286,000 $44,900 $241,100
2019 $3,252 $282,500 $50,400 $232,100
2018 $3,088 $268,600 $51,400 $217,200
2017 $2,845 $283,500 $56,100 $227,400
2016 $2,525 $278,000 $58,200 $219,800
2014 $2,604 $295,600 $68,200 $227,400
2013 $2,403 $289,000 $61,400 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201502734

Southern Indiana REALTORS® Association

APN: 88-15-28-000-015.000-015