NOT LISTED FOR SALE

7179 E 550 S Morristown, IN 46161

Estimated Value: $455,632 - $488,000

3 Beds
2 Baths
2,204 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $265,000 $120 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,857/month

34 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • Covered patio or porch
  • Vaulted Ceiling
  • No HOA
  • Thermal Windows

About This Home

As of May 2017

Check out this HUGE all brick ranch sitting on nearly 5 acres in Hancock County!! Morristown address but Eastern Hancock Schools!! This house was bumped out in every direction making every room huge! The Great Room has vaulted ceilings, a wood burning fireplace & is wired for surround sound. All kitchen appliances stay! Large master Suite has a full bath & walk-in closet. Have fun in the huge game room, or easily convert it to a 4th bedroom. Entertain or just relax on the large deck out back.

Last Agent to Sell the Property

James Abner

eXp Realty, LLC Listed on: 03/03/2017

eXp Realty, LLC

Last Buyer's Agent

Drew Tomasik

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 2005

Lot Details

  • 4.87 Acre Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,204 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Attic Fan
  • Attic Access Panel

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 301232300010016001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2005
  • Building Area Total: 2204
  • Garage Y N: Yes
  • Lot Size Acres: 4.869
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: http://www.abnerrealty.com/listing/cms/7179-e-550-s/
  • MBR_AttributionContact: James@AbnerRealty.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted, Breakfast Bar, Hi-Speed Internet Availbl, Primary Bedroom on Main
  • Living Area: 2204
  • Main Level Bedrooms: 3
  • Areas Interior: Other
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2204
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 269900
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Gravel
  • Total Parking Spaces: 10
  • Garage Parking Other: Service Door

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric, Attic Fan
  • Heating: Forced Air, Heat Pump, Electric
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association YN: No
  • Management Company Name: N/A

Fee Information

  • Association Fee Includes: Not Applicable

Lot Info

  • Lot Features: Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 212094
  • Parcel Number: 301232300010016001
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1306
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 653
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • Schools: EASTERN HANCOCK ELEMENTARY,EASTERN HANCOCK HIGH,EASTERN HANCOCK MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
May 19, 2017
Sold by
Curts Michael L
Bought by
Gorsline Norma E and Gorsline Cary A
Seller's Agent
James Abner
eXp Realty, LLC
Buyer's Agent
Drew Tomasik
@properties
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$471,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,658
Avg. Annual Appreciation
7.64%
Original Mortgage
$260,200
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2005
Sold by
Moore Lisa M
Bought by
Curts Michael L and Curts Cynthia K
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
Gorsline Norma E $265,000 Stewart Title Company
Curts Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorsline Norma E $266,076
Closed Gorsline Norma E $260,200
Previous Owner Curts Michael L $207,100
Previous Owner Curts Michael L $16,898
Previous Owner Curts Michael L $172,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $265,000 -1.8% $120 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $269,900 -1.8% $122 / Sq Ft
03/03/2017 03/03/17 For Sale $274,900 -- $125 / 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 $2,757 $366,000 $96,700 $269,300
2023 $2,757 $335,200 $96,700 $238,500
2022 $1,979 $295,900 $54,500 $241,400
2021 $1,817 $244,900 $54,500 $190,400
2020 $1,823 $239,100 $54,500 $184,600
2019 $1,758 $238,000 $54,500 $183,500
2018 $1,711 $235,200 $54,500 $180,700
2017 $1,456 $209,500 $44,300 $165,200
2016 $1,310 $205,000 $42,700 $162,300
2014 $1,418 $213,500 $44,000 $169,500
2013 $1,418 $207,400 $44,000 $163,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21469235

MIBOR Broker Listing Cooperative®

APN: 30-12-32-300-010.016-001