NOT LISTED FOR SALE

707 Madison St Michigan City, IN 46360

Estimated Value: $196,000 - $249,000

4 Beds
2.5 Baths
2,544 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $99,900 $39 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,271/month

118 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Living Room
  • Recreation Room with Fireplace
  • Cooling Available
  • Laundry Room

About This Home

As of May 2015

Hey! look me over! Totally rehabbed interior in this beautiful 4 bedroom 2.5 bath home. Kitchen has cherry cabinets, stainless appliances, granite counter tops and ceramic tile floor. Main floor bath has cherry wood vanity and ceramic floors. Bedrooms have new carpeting, fixtures and home has been repainted throughout. Large upstairs bathroom has cherry wood vanity and stand up shower. All new wood laminate floors in living room and upstairs bedrooms. Basement is finished with carpeted flooring, a half bath and there is a finished office/extra room. New rubber roof on back of home. Decks on both front & back of home for your summer enjoyment. This is an extraordinary value for the available finished space! Move right in and enjoy!

Last Agent to Sell the Property

Jane Cooley

Weichert Realtors, Merrion Gro License #RB14015563 Listed on: 01/07/2015

Weichert Realtors, Merrion Gro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $581

Year Built

  • Built in 1951

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Recreation Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Portable Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 460133133002000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$581

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Nearly Level, Paved Road, Sidewalks
  • ResoOtherEquipment: Cable TV Hookup
  • Co List Office Mls Id: GNR641
  • Subdivision Name: na
  • Architectural Style: Two Story
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 2.5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Portable Gas Range, Refrigerator
  • Interior Amenities: Finished Laundry Rm, FP Rec Room, Main Floor Bathroom, Main Floor Bedroom
  • Basement: Enclosed
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Deck
  • Acres: 0.1263

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Michigan City

Lot Info

  • Lot Dimensions: 55x100
  • Lot Size Sq Ft: 5500
  • Parcel #: 460133133002000002

Tax Info

  • Year: 2013
  • Tax Annual Amount: 581

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
May 28, 2015
Sold by
Mogo Properties
Bought by
Ricks Morgan
Seller's Agent
Jane Cooley
Weichert Realtors, Merrion Gro
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$214,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,919
Avg. Annual Appreciation
6.88%
Original Mortgage
$98,090
Outstanding Balance
$77,173
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$121,242

Purchase Details

Listed on
Aug 13, 2014
Closed on
Sep 25, 2014
Sold by
Ferrell Mark
Bought by
Mogo Properties
Seller's Agent
Cari Adams
Weichert Realtors, Merrion Gro
Buyer's Agent
Jane Cooley
Weichert Realtors, Merrion Gro
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
234.79%

Purchase Details

Closed on
Mar 29, 2007
Sold by
Ismaili Valon
Bought by
Ferrell Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,899
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2007
Sold by
Ismaili Abdullah
Bought by
Ferrell Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,899
Interest Rate
6.2%
Mortgage Type
FHA
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
Ricks Morgan -- Fidelity Natl Title Ins Co
Mogo Properties -- Fidelity Natl Title Ins Co
Ferrell Mark -- Multiple
Ferrell Mark -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricks Morgan $98,090
Previous Owner Ferrell Mark $113,577
Previous Owner Ferrell Mark $111,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $99,900 0.0% $39 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $99,900 +122.0% $39 / Sq Ft
09/30/2014 09/30/14 Sold $45,000 0.0% $22 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $45,000 -- $22 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $1,519 $147,600 $13,700 $133,900
2022 $1,035 $143,800 $13,700 $130,100
2021 $1,035 $103,500 $13,700 $89,800
2020 $934 $103,500 $13,700 $89,800
2019 $982 $93,400 $13,700 $79,700
2018 $866 $81,800 $8,800 $73,000
2017 $950 $87,100 $8,800 $78,300
2016 $970 $90,100 $8,800 $81,300
2014 $720 $79,800 $8,800 $71,000
2013 $515 $77,400 $8,800 $68,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR363920

Northwest Indiana Association of REALTORS®

APN: 46-01-33-133-002.000-022