NOT LISTED FOR SALE

702 W 2nd St Sheridan, IN 46069

Estimated Value: $254,000 - $325,000

3 Beds
2.5 Baths
1,800 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $300,000 $167 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,693/month

10 Days on Market

Highlights

  • 1.22 Acre Lot
  • Traditional Architecture
  • Covered Patio or Porch
  • Mature Trees
  • No HOA
  • Wood Frame Window

About This Home

As of November 2024

Experience the best of both worlds: the modern luxury of this home set against the backdrop of a charming country landscape. Seize this rare opportunity to own a beautifully updated home in serene Sheridan. Nestled on 1.2 acres, this 3-bedroom residence combines modern luxury with a picturesque country setting. Step inside to discover soaring ceilings and an abundance of natural light that fills every corner. The heart of the home is an updated kitchen, featuring ample cabinetry, gleaming granite countertops, a stylish tile backsplash, and stainless steel appliances. Enjoy the spacious family room and a separate dining area, perfect for gatherings and relaxation. The 2.5 bathrooms boasts many updates including elegant ceramic tile, new vanities, and more. While the rest of the home showcases new luxury vinyl plank flooring and plush new carpet. High-end fixtures and trim enhance the sophisticated ambiance throughout. Step outside to the expansive 20x20 deck, ideal for entertaining or unwinding in the tranquil surroundings. Additional features include a new HVAC system and a 2-car garage, offering both comfort and convenience.

Last Agent to Sell the Property

Lindsay Adams

Pillario Property Management LLC Brokerage Email: lindsay@ironcladrei.com License #RB14050510 Listed on: 08/14/2024

Last Buyer's Agent

Ryan Thomas

Vision One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1930

Lot Details

  • 1.22 Acre Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Wood Frame Window
  • Utility Room
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Country Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 290131401015000002
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,586

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Building Area Total: 1800
  • Garage Y N: Yes
  • Lot Size Acres: 1.22
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lindsay@ironcladrei.com
  • Attribution Contact: lindsay@ironcladrei.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Built In Book Shelves, Storms Some, Windows Wood, Wood Work Painted
  • Living Area: 1800
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1156
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Country
  • Upper Level Sq Ft: 644
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • Patio And Porch Features: Open Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees, Wooded
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 53143
  • Parcel Number: 290131401015000002
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1586
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 793
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Nov 6, 2024
Sold by
Indianapolis Real Estate Investments Llc
Bought by
Flinchem Carl and Flinchem Michelle
Seller's Agent
Lindsay Adams
Pillario Property Management LLC
Buyer's Agent
Ryan Thomas
Vision One Real Estate
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Views
42
Current Estimated Value
$295,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,708
Avg. Annual Appreciation
-1.51%
Original Mortgage
$234,025
Outstanding Balance
$231,194
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
$64,098

Purchase Details

Closed on
Apr 24, 2024
Sold by
Hudson Robert Russell
Bought by
Indianapolis R/E Inv Llc/In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,923
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2024
Sold by
Hudson Robert Russell
Bought by
Indianapolis R/E Inv Llc/In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,923
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 2005
Sold by
Hudson Richard A
Bought by
Hudson Robert Russell

Purchase Details

Closed on
Aug 28, 2003
Sold by
Buzan Larry and Buzan Cheryl
Bought by
Hudson James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flinchem Carl -- Eagle Land Title
Flinchem Carl -- Eagle Land Title
Indianapolis R/E Inv Llc/In $95,000 None Listed On Document
Indianapolis R/E Inv Llc/In -- None Listed On Document
Hudson Robert Russell -- --
Hudson James R -- --
Buzan Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flinchem Carl $234,025
Closed Flinchem Carl $234,025
Previous Owner Indianapolis R/E Inv Llc/In $192,923
Previous Owner Indianapolis R/E Inv Llc/In $192,923
Previous Owner Hudson James R $124,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $300,000 -7.7% $167 / Sq Ft
09/27/2024 09/27/24 For Sale $324,900 0.0% $181 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $324,900 -- $181 / 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 $1,602 $144,800 $54,400 $90,400
2023 $1,664 $142,400 $54,400 $88,000
2022 $1,587 $133,700 $54,400 $79,300
2021 $1,441 $120,700 $54,400 $66,300
2020 $1,403 $117,700 $54,400 $63,300
2019 $1,296 $110,600 $35,400 $75,200
2018 $1,240 $105,600 $35,400 $70,200
2017 $2,461 $99,400 $35,400 $64,000
2016 $1,950 $99,400 $35,400 $64,000
2014 $827 $80,500 $30,900 $49,600
2013 $827 $80,700 $30,900 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21996278

MIBOR Broker Listing Cooperative®

APN: 29-01-31-401-015.000-002