NOT LISTED FOR SALE

7241 E County Road 550 S Walton, IN 46994

Estimated Value: $308,000 - $420,000

4 Beds
2.5 Baths
3,312 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $400,000 $121 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,101/month

106 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Utility Room in Garage
  • Backs to Open Ground
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of September 2024

This amazing country home has everything to offer. Completely remodeled in 2005, this charming home offers top quality craftsmanship and impeccable style. Updates include new roof, siding, plumbing, electrical, HVAC system, water heater, water softener, 3/4" oak flooring, solid oak doors, spray foam insulation throughout the home, all done in 2005. Pole barn with concrete floor built in 2005 as well. The Blackberry bushes on the property are sure to add pleasure to this already beautiful home and quiet setting.

Last Agent to Sell the Property

Joe Martino

Martino Realty & Auctioneers - Monticello Brokerage Phone: 765-434-8598 Listed on: 05/12/2024

Last Buyer's Agent

Pam Maloney

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1900

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 424x204
  • Backs to Open Ground
  • Rural Setting

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • 1 Fireplace
  • Utility Room in Garage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Lewis Cass Elementary And Middle School
  • Lewis Cass High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 09-09-19-300-016.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT SW 1/4 19 26 3E 2.3A
  • Parcel Number ID: 09-09-19-300-016.000-020
  • Platted: Yes
  • Amenities: Deck Open, Eat-In Kitchen, Jet/Garden Tub, Natural Woodwork, Open Floor Plan, Garage Utilities
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3960
  • Total Finished Sq Ft: 3312
  • Above Grade Finished Sq Ft: 3312
  • Below Grade Sq Ft: 648
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 19x46, On Level: Main
  • Kitchen: Dimensions: 14x24, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Bedroom 1: Dimensions: 18x16, On Level: Upper
  • Bedroom 2: Dimensions: 12x18, On Level: Upper
  • Bedroom 3: Dimensions: 13x18, On Level: Upper
  • Bedroom 4: Dimensions: 14x18, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 648

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 45x30, 1350
  • Outbuilding2: Barn, Dimensions: 55x30, 1650

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • Elementary School: Lewis Cass

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 424X204
  • Estimated Lot Sq Ft: 108900
  • Estimated Lot Size Acres: 2.5

Tax Info

  • Annual Taxes: 1650

MLS Schools

  • High School: Lewis Cass
  • Middle School: Lewis Cass
  • School District: Lewis Cass Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2024
Closed on
Sep 20, 2024
Sold by
Bowman Stephen W
Bought by
Vaught Valerie A and Hood Bobby L
Seller's Agent
Joe Martino
Martino Realty & Auctioneers - Monticello
Buyer's Agent
Pam Maloney
RE/MAX Realty One
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%
Views
88
Current Estimated Value
$384,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,606
Avg. Annual Appreciation
-2.93%
Original Mortgage
$320,000
Outstanding Balance
$315,467
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$68,927
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vaught Valerie A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaught Valerie A $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $400,000 0.0% $121 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $399,900 -4.8% $121 / Sq Ft
05/12/2024 05/12/24 For Sale $419,900 -- $127 / 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
2025 $1,324 $254,400 $32,800 $221,600
2024 $1,673 $200,400 $32,800 $167,600
2022 $1,710 $174,700 $28,700 $146,000
2021 $1,662 $164,800 $28,700 $136,100
2020 $1,342 $154,600 $28,700 $125,900
2019 $1,277 $144,300 $28,700 $115,600
2018 $1,146 $144,400 $28,700 $115,700
2017 $1,142 $143,300 $28,700 $114,600
2016 $1,020 $137,100 $28,700 $108,400
2014 $902 $129,300 $26,300 $103,000
2013 $873 $113,400 $26,300 $87,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202416739

Indiana Regional MLS

APN: 09-09-19-300-016.000-020