NOT LISTED FOR SALE

7176 E Us Highway 224 Craigville, IN 46731

Estimated Value: $157,000 - $338,000

4 Beds
2 Baths
1,766 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $143,900 $81 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,425/month

22 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • Level Lot
  • Covered Patio or Porch
  • Hot Water Heating System

About This Home

As of April 2012

* WHAT AN OPPORTUNITY! This Kind Of Property Doesn't Come Around Very Often! * 7.38 Acres And Known As "Lazy K Airport" *Ranch Home With 2 FULL Baths, Partial Basement *FRONT BUILDING Is 32x60 With 4 T Hangers And An Office With A Half Bath *BUILDING 2 Is 40x60 - All Open With A Single Car Door On One End And Other End Opens All The Way Up *BUILDING 3 is 60x64 Has Large Bathroom And Also Has A Furnace And 2 By-fold Doors *BUILDING 4 Is 30x40 With Overhead Door *SHED is 15x15 *There Are 6 Planes In The Hanger Right Now Renting Monthly At $85.00 *Grass Landing Strip Is Estimated at 550 Feet .......Perfect For Small Aircraft OR Ultra Light *Great For Income Producing Rental Space *

Last Agent to Sell the Property

Sam Haiflich

BKM Real Estate Listed on: 02/16/2012

Last Buyer's Agent

Ryan Gerig

Ryan Gerig Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1910

Lot Details

  • 7.38 Acre Lot
  • Lot Dimensions are 610 x516.08
  • Rural Setting
  • Level Lot

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Gas Oven or Range
  • Electric Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 900605200003003010

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 102
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 05-27-13 2.81a PT NW QTR NW COR (House)
  • Parcel Number ID: 900605200003003010
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Porch Covered, Range/Oven Hook Up Gas, Split Br Floor Plan
  • Location: Rural
  • Section Number: 5R13
  • Sp Lp Percent: 98.63
  • State Id: 90-06-05-200-003.003-010
  • Special Features: None

Interior Features

  • Total Sq Ft: 2146
  • Total Finished Sq Ft: 1766
  • Above Grade Finished Sq Ft: 1766
  • Below Grade Sq Ft: 380
  • Price Per Sq Ft: 81.48
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 13x19, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 14x19, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 7x12, On Level: Main
  • Bedroom 4: Dimensions: 11x11, On Level: Main
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 380

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 64x40, 2560
  • Outbuilding2: Outbuilding, Dimensions: 64x60, 3840

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: On Level: 12
  • Well Size: Unknown
  • Well Type: Private

Schools

  • School District: Northern Wells Community
  • Elementary School: Lancaster Central
  • Middle School: Norwell
  • High School: Norwell

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 610 x516.08
  • Estimated Lot Sq Ft: 314808
  • Estimated Lot Size Acres: 7.38
  • Zoning: R-1 Residential

Tax Info

  • Annual Taxes: 605.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Apr 6, 2012
Sold by
Hoffmeier Jonathon H
Bought by
Niblick Leo J
Seller's Agent
Sam Haiflich
BKM Real Estate
Buyer's Agent
Ryan Gerig
Ryan Gerig Real Estate, LLC.
List Price
$145,900
Sold Price
$143,900
Premium/Discount to List
-$2,000
-1.37%
Current Estimated Value
$245,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,306
Avg. Annual Appreciation
4.91%
Original Mortgage
$136,705
Outstanding Balance
$96,053
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$178,718

Purchase Details

Closed on
Oct 13, 2009
Sold by
Hoffmeier Terry L and Hoffmeier Roberta A
Bought by
Hoffmeier Terry L and Hoffmeier Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,541
Interest Rate
5.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Niblick Leo J -- Dreibelbiss Title Company
Hoffmeier Terry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niblick Leo J $136,705
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $143,900 -1.4% $81 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $145,900 -- $83 / Sq Ft
Source: Indiana Regional MLS

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 $1,494 $199,600 $78,200 $121,400
2023 $1,358 $184,900 $70,400 $114,500
2022 $1,035 $159,500 $48,200 $111,300
2021 $884 $142,200 $48,200 $94,000
2020 $833 $144,600 $48,200 $96,400
2019 $787 $133,600 $46,200 $87,400
2018 $706 $122,500 $42,000 $80,500
2017 $596 $121,700 $42,000 $79,700
2016 $585 $119,800 $41,700 $78,100
2014 $510 $101,400 $38,900 $62,500
2013 $480 $98,000 $37,300 $60,700
Source: Public Records

Agents Affiliated with this Home

  • Sam Haiflich

    Seller's Agent in 2012

    Sam Haiflich

    BKM Real Estate

    (260) 740-7299

    158 Total Sales

    Sam Haiflich
    Section Image
  • Ryan Gerig

    Buyer's Agent in 2012

    Ryan Gerig

    Ryan Gerig Real Estate, LLC.

    (260) 341-0244

    51 Total Sales

    Ryan Gerig
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201201817

Indiana Regional MLS

APN: 90-06-05-200-003.003-010

Indiana Wells County Craigville 46731

7176 E Us Highway 224, Craigville, IN

This home is located at 7176 E Us Highway 224, Craigville, IN 46731 since 16 February 2012 and is currently estimated at $245,206, approximately $138 per square foot. This property was built in 1910. 7176 E Us Highway 224 is a home located in Wells County with nearby schools including Norwell High School and Bethlehem Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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