NOT LISTED FOR SALE

721 E State Road 38 Sheridan, IN 46069

Estimated Value: $326,000 - $548,000

3 Beds
2 Baths
1,396 Sq Ft
$276/Sq Ft Est. Value

About This Home

Welcome to 721 E State Road 38, Sheridan, IN 46069 Discover a rare find : a generous 5.23-acre parcel paired with a spacious tri-level home that's ready for a new owner's personal touch. This is your opportunity to reimagine and restore a solid structure, nestled on acreage that invites creativity and outdoor living. Property Highlights * Tri-level residence offers multiple living zones, perfect for families, guests, or a blend of work and home life. * Approximately 2,286 sq ft of living space including 3 bedrooms and 3 bathrooms. * Built in 1965 and positioned on a large, scenic parcel - setting the stage for gardening, expansion, recreation, or simply privacy and nature. * Attached garage and basement features provide extra functional space and storage potential. * A canvas ready for your design vision: update finishes, modernize key areas, and elevate the home's character while enjoying the perks of acreage living. Why This One Stands Out With over five acres you're not just buying a home - you're investing in space and possibility. Whether you envision a country-style homestead, an at-home office with privacy, or simply a quiet retreat with room to roam, this property offers flexibility. The tri-level layout allows separation of living zones, and the extensive grounds invite expansion, hobby space, or just abundant outdoor enjoyment. Call to Action If you're ready to roll up your sleeves and bring your vision to life, this Sheridan gem awaits. With acreage, space, and structure all in place, the next chapter is yours. Schedule your showing today and imagine the possibilities. Property sold AS IS. Price reflects current condition. Seller will not provide concessions.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Kdk Group Llc
Bought by
Exquisite Properties Llc
Current Estimated Value
$385,399

Purchase Details

Closed on
Sep 24, 2021
Sold by
Swan Stephen P
Bought by
Kdk Grouop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2013
Sold by
Aldred Dora and Aldred Ida Dora
Bought by
Swan Stephen P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Exquisite Properties Llc -- Title365
Kdk Grouop Llc $212,000 Transnation Title
Swan Stephen P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kdk Grouop Llc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2026 01/03/26 Price Changed $299,000 -8.0% $214 / Sq Ft
11/23/2025 11/23/25 For Sale $325,000 -- $233 / Sq Ft

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 $5,391 $303,700 $134,600 $169,100
2023 $5,426 $291,600 $134,600 $157,000
2022 $5,144 $273,600 $134,600 $139,000
2021 $5,058 $262,000 $134,600 $127,400
2020 $4,769 $250,900 $134,600 $116,300
2019 $4,180 $220,400 $87,500 $132,900
2018 $13,101 $214,900 $87,500 $127,400
2017 $10,608 $207,000 $87,500 $119,500
2016 $5,957 $216,900 $87,500 $129,400
2014 $2,211 $192,600 $81,500 $111,100
2013 $2,211 $192,600 $81,500 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map