NOT LISTED FOR SALE

7220 N State Road 135 Morgantown, IN 46160

Estimated Value: $401,000 - $484,000

3 Beds
1.5 Baths
1,428 Sq Ft
$304/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $198,000 $139 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,494/month

89 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry closet
  • Garage
  • Rustic Architecture
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of February 2016

Let's talk about a dream home in Brown County! Private setting on over 7 acres with a pond. This 3 bedroom 1 1/2 bath offers Amish Built Kitchen Cabinets, heated & cooled 28'x28' garage, andersen windows, roof in 09', 30'x24' detached storage/garage, all the amenities of country living with Brown County Water & all electric. Come home to hunt, fish, retreat, and enjoy this picture perfect home in every beautiful season this part of the country has to offer!

Last Listed By

Tanya Smythe

Smythe & Co, Inc License #RB14038926 Listed on: 10/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1975

Lot Details

  • 7.22 Acre Lot
  • Partially Fenced Property

Home Design

  • Rustic Architecture
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Window Screens
  • Great Room with Fireplace
  • Sump Pump
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Wood
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 070313300220000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$716

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1975
  • Co List Office Phone: 317-412-0968
  • Garage Y N: Yes
  • Lot Size Acres: 7.22
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Let's talk about a dream home in Brown County! Private setting on over 7 acres with a pond. This 3 bedroom 1 1/2 bath offers Amish Built Kitchen Cabinets, heated & cooled 28'x28' garage, andersen windows, roof in 09', 30'x24' detached storage/garage, all the amenities of country living with Brown County Water & all electric. Come home to hunt, fish, retreat, and enjoy this picture perfect home in every beautiful season this part of the country has to offer!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Screens Complete
  • Living Area: 1428
  • Other Equipment: Sump Pump
  • Room Count: 7
  • Areas Interior: Laundry Closet
  • Eating Area: Eat In Kitchen,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1428
  • Main Level Sq Ft: 1036
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1428
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 392
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fence Partial, Out Building With Utilities
  • Foundation Details: Block
  • List Price: 207500
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Electric,Wood
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump, Wood
  • Water Source: Community Water
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070313300220000002
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,Pond,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 7.220 Acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 716
  • Semi Annual Property Tax Amt: 358
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2016
Sold by
Burton Larry M
Bought by
Burton Larry M and Burton Pamela A
Total Days on Market
89
Current Estimated Value
$434,325

Purchase Details

Listed on
Oct 28, 2015
Closed on
Feb 10, 2016
Sold by
Johnson Lauren S
Bought by
Burton Larry M
Seller's Agent
Tanya Smythe
Smythe & Co, Inc
Buyer's Agent
Connie Lindsay
RE/MAX Advanced Realty
List Price
$207,500
Sold Price
$198,000
Premium/Discount to List
-$9,500
-4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$191,070
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Moon James R and James R Moon Revocable Living
Bought by
Johnson Lauren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,420
Interest Rate
5.1%

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
Burton Larry M -- Attorney
Burton Larry M -- Chicago Title
Johnson Lauren S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Larry M $191,070
Previous Owner Johnson Lauren S $174,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $198,000 0.0% $139 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
12/14/2015 12/14/15 Off Market $198,000 -- --
11/25/2015 11/25/15 For Sale $207,500 +4.8% $145 / Sq Ft
11/14/2015 11/14/15 Off Market $198,000 -- --
10/28/2015 10/28/15 For Sale $207,500 -- $145 / 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 $1,029 $306,200 $66,100 $240,100
2023 $1,029 $288,100 $66,100 $222,000
2022 $1,075 $267,300 $61,100 $206,200
2021 $1,046 $240,700 $56,100 $184,600
2020 $936 $229,700 $51,100 $178,600
2019 $878 $218,800 $51,100 $167,700
2018 $1,057 $214,500 $51,100 $163,400
2017 $1,038 $206,500 $51,100 $155,400
2016 $906 $193,500 $51,100 $142,400
2014 $739 $189,100 $51,100 $138,000
2013 $739 $186,200 $51,100 $135,100
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21384691

MIBOR Broker Listing Cooperative®

APN: 07-03-13-300-220.000-002