NOT LISTED FOR SALE

7185 N State Road 135 Morgantown, IN 46160

Estimated Value: $374,000 - $574,000

3 Beds
2.5 Baths
2,088 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $200,000 $96 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,420/month

4 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Ranch Style House
  • 3 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of November 2013

Country setting with city water hook up. Updated & move in ready for you to enjoy at closing! Gathering room welcomes family & friends to a modern concept floor plan ideal for todays active lifestyle. 2nd gathering room was used for dining room. Modern kitchen features a view of pool & flower garden that includes a small pond. Master bedroom includes private full bath with jetted tub, separate shower plus 2 closets & entrance to deck. Basement includes bonus room. Fishing pond on property

Last Agent to Sell the Property

Mike Duncan

Mike Duncan Real Estate Group License #RB14027252 Listed on: 10/02/2013

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1955

Lot Details

  • 2.1 Acre Lot
  • Waterfront

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Built-in Bookshelves
  • Woodwork
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

  • Morgantown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070313400248000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1955
  • Building Area Total: 3376
  • Garage Y N: Yes
  • Lot Size Acres: 2.1
  • Subdivision Name: Morgantown
  • Transaction Type: Sale
  • MBR_AttributionContact: mike@duncansemail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 805
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Screens Complete, Wood Work Painted, Eat-in Kitchen, Primary Bedroom on Main, Pantry
  • Living Area: 2088
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2088
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 3376

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 200000
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Storage
  • Garage Parking Other: Service Door

Utilities

  • Cooling: Central Electric, Geothermal
  • Heating: Geothermal, Electric
  • Water Source: Municipal/City

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 2.1
  • Parcel Number: 070313400248000002
  • Acres: 1-3 Acres
  • Price Acre: 95238

Tax Info

  • Tax Annual Amount: 486
  • Semi Annual Property Tax Amt: 243

MLS Schools

  • Schools: ELEBROWNCOUNT,MIDBROWNCNTY,HIGBROWNCNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Nov 21, 2013
Sold by
Moore Scott R and Moore Shauna K
Bought by
Reed Michael and Reed Charlotte
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$439,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,375
Avg. Annual Appreciation
6.83%
Original Mortgage
$190,000
Outstanding Balance
$141,692
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$297,683

Purchase Details

Closed on
Apr 5, 2007
Sold by
Merkel Terry and Merkel Karen
Bought by
Moore Scott R and Moore Shauna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
6.19%

Purchase Details

Closed on
Feb 8, 2007
Sold by
Merkel Terry and Merkel Karen
Bought by
Merkel Terry and Merkel Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,900
Interest Rate
6.19%

Purchase Details

Closed on
Jun 20, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Merkel Terry and Merkel Karen

Purchase Details

Closed on
Apr 26, 2006
Sold by
Clawson Darrell C and Clawson Cathy A
Bought by
Federal Home Loan Mortgage Corporation
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
Reed Michael -- --
Moore Scott R -- --
Merkel Terry -- --
Merkel Terry -- --
Federal Home Loan Mortgage Corporation $193,187 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Michael $190,000
Previous Owner Moore Scott R $37,900
Previous Owner Moore Scott R $151,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $200,000 0.0% $96 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $200,000 -- $96 / 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 $968 $334,100 $40,500 $293,600
2023 $1,068 $312,100 $40,500 $271,600
2022 $1,110 $287,800 $35,500 $252,300
2021 $1,043 $261,600 $30,500 $231,100
2020 $904 $249,100 $25,500 $223,600
2019 $837 $235,500 $25,500 $210,000
2018 $1,019 $229,500 $25,500 $204,000
2017 $989 $219,000 $25,500 $193,500
2016 $995 $217,200 $25,500 $191,700
2014 $768 $212,000 $25,500 $186,500
2013 $768 $208,000 $25,500 $182,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21302028S

MIBOR Broker Listing Cooperative®

APN: 07-03-13-400-248.000-002