NOT LISTED FOR SALE

7154 Ellis Lake Rd Paragon, IN 46166

Estimated Value: $134,000 - $251,700

3 Beds
2 Baths
1,601 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $73,000 $46 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,075/month

127 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of October 2016

Potential fix and flip and/or potential instant equity not far off the highway with the traditionally requested 3 bdrm., 2 ba., 2 car garage search demands of brick ranch with adequate square footage! You can commute down 67S or 70W, not too far if you work at the airport, fedex or amazon. We have had contractor estimates between 17.5 to 22K to fix up like NEW. Septic inspection report came back good Aug. 24, 2016!

Last Agent to Sell the Property

Christina McKee

McKee Realty License #RB14050938 Listed on: 06/01/2016

Last Buyer's Agent

Katrina Mullis

K.M. Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1999

Lot Details

  • 3 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,601 Sq Ft Home
  • Crawl Space
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • Oak Ridge Estates Subdivision
  • Property managed by TBP

Listing and Financial Details

  • Assessor Parcel Number 600133100020040018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1999
  • Garage Y N: Yes
  • Lot Size Acres: 3
  • Subdivision Name: OAK RIDGE ESTATES
  • Inspection Warranties: SeeRemarks
  • Property Description: Potential fix and flip and/or potential instant equity not far off the highway with the traditionally requested 3 bdrm., 2 ba., 2 car garage search demands of brick ranch with adequate square footage! You can commute down 67S or 70W, not too far if you work at the airport, fedex or amazon. We have had contractor estimates between 17.5 to 22K to fix up like NEW. Septic inspection report came back good Aug. 24, 2016!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access
  • Living Area: 1601
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Foyer Small,Utility Room
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1601
  • Main Level Sq Ft: 1601
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1601
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 75000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Attached
  • Num Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: TBP

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 150

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 600133100020040018
  • Acres: 3-5 Acres
  • Lot Information: Rural In Subdivision
  • Lot Number: 4
  • Lot Size: 3 Acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1406
  • Semi Annual Property Tax Amt: 703
  • Tax Exemption: None

MLS Schools

  • School District: Spencer-Owen Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Oct 14, 2016
Sold by
Rhorer Chad W
Bought by
Groce James T and Groce Janice L
Seller's Agent
Christina McKee
McKee Realty
Buyer's Agent
Katrina Mullis
K.M. Real Estate, LLC
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$193,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,925
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Us Bank National Association
Bought by
Rhorer Chad W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
Hadley Clarence L and Hadley Linda W
Bought by
Us Bank National Association
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
Groce James T $73,000 --
Rhorer Chad W $65,000 Rels Title
Us Bank National Association -- Rels Title
Us Bank National Association $84,774 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhorer Chad W $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $73,000 -2.7% $46 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/07/2016 09/07/16 Price Changed $75,000 -6.1% $47 / Sq Ft
09/01/2016 09/01/16 For Sale $79,900 0.0% $50 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/12/2016 07/12/16 Price Changed $79,900 -5.9% $50 / Sq Ft
06/27/2016 06/27/16 Price Changed $84,900 -5.7% $53 / Sq Ft
06/01/2016 06/01/16 For Sale $90,000 -- $56 / 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 $558 $129,900 $32,000 $97,900
2023 $367 $109,000 $24,000 $85,000
2022 $359 $98,300 $24,000 $74,300
2021 $309 $89,500 $24,000 $65,500
2020 $291 $88,300 $24,000 $64,300
2019 $324 $87,200 $24,000 $63,200
2018 $197 $78,500 $16,000 $62,500
2017 $155 $70,200 $16,000 $54,200
2016 $1,212 $70,900 $16,000 $54,900
2014 $326 $70,600 $16,000 $54,600
2013 -- $70,600 $16,000 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21421224

MIBOR Broker Listing Cooperative®

APN: 60-01-33-100-020.040-018