NOT LISTED FOR SALE

7294 E State Route 48 Milan, IN 47031

Estimated Value: $376,000 - $523,842

3 Beds
2 Baths
-- Sq Ft
21.25 Acres

Last Sold December 21, 2017

Last sale price $254,000

Est. 79% increase in value since last sale

Current estimated payment $2,657/month

12 Days on Market

Highlights

  • 21.25 Acre Lot
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Ranch Style House
  • No HOA
  • Central Air

About This Home

As of December 2017

Nice, well-built 3 bdrm, 2 bth home on 21+ acres. Home overlooks beautiful 2.75 acre lake. Lightly rolls w/ nice woods. Newer remodeled bth; new kitchen flr. Brick wbfp in family rm w/ cathedral clng. 1st flr lndry w/ lrg mudrm; rec rm w/ brick wbfp & add'l room - both semi-finished. 30x48 det gar & storage w/ partial concrete/gravel floor.

Last Agent to Sell the Property

Holly Allen

Fehrman Realty License #RB14033771 Listed on: 09/30/2017

Last Buyer's Agent

Holly Allen

Fehrman Realty License #RB14033771 Listed on: 09/30/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1976

Lot Details

  • 21.25 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Natural Gas Not Available
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Suburb: Sunman
  • Degree Complete: Completed
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Electric
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Sunman
  • Price Per Acre: 11952.94
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Living Great Rm Dim: 0 x 0
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Water Heating: Other
  • Year Built: 1976
  • School 1 Type: District Phone
  • Architecture: Ranch
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: US 50 to SR 48, cross SR 101 to approx 2 m. OR I-74 to Sunman exit, lt on SR 101, rt on SR 48 approx 2 m.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2017-09-30
  • Property Subtype 1: Single Family Residence
  • Street Direction: E
  • Occupancy: Negotiable
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 11x13 Level: 1
  • Bedroom 3: 10x11 Level: 1
  • Dining Room: 10x13 Level: 1
  • Family Room: 12x17 Level: 1
  • Formal Dining Room: No
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 812-654-2365
  • Semi Annual Taxes: 636.89
  • Kitchen: 10x13 Level: 1
  • Bedroom 2 Area: 143
  • Basement: Full
  • Bedroom 3 Area: 110
  • Bathrooms: 2.00
  • Kitchen Area: 130
  • Kitchen Dim: 10 x 13
  • Levels: One
  • Zero Selling Price: No
  • Diningroom Area: 130
  • Family Room Area: 204
  • Laundry Room: 9x17 Level: 1
  • Laundry Room Area: 153
  • Laundryroom Dim: 9 x 17
  • Recreation Room Dim: 0 x 0
  • Fireplace: Wood
  • Fireplaces: 2
  • Available for Lease: No
  • Total Rooms: 7
  • Windows: Other
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 154
  • PrimaryBedroomDim: 11 x 14
  • PrimaryBedroomLen: 11
  • P R I M A R Y B E D R O O M: 11x14 Level: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 275000.00
  • Acres: 21.2500
  • New Construction: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Garage Attached
  • Parking: Driveway

Utilities

  • Gas: None
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Fee Frequency: Other
  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Milan Community Sch

Lot Info

  • Lot Dimensions: 21.25 acres
  • Lot Size Sq Ft: 925650.00
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Dec 19, 2017
Sold by
Gutzwiller Daryl M
Bought by
Arsenault Kimberland C
Seller's Agent
Holly Allen
Fehrman Realty
Buyer's Agent
Holly Allen
Fehrman Realty
List Price
$275,000
Sold Price
$254,000
Premium/Discount to List
-$21,000
-7.64%
Total Days on Market
12
Current Estimated Value
$453,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,947
Avg. Annual Appreciation
8.23%
Original Mortgage
$241,300
Outstanding Balance
$205,162
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$261,845
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
Arsenault Kimberland C $301,625 Dearborn Title Ins Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arsenault Kimberland C $241,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Off Market $254,000 -- --
12/21/2017 12/21/17 Sold $254,000 -7.6% --
10/12/2017 10/12/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $275,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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 $2,256 $263,400 $47,900 $215,500
2023 $2,590 $264,600 $47,000 $217,600
2022 $2,663 $267,300 $46,200 $221,100
2021 $2,517 $261,100 $45,700 $215,400
2020 $1,980 $226,900 $45,700 $181,200
2019 $1,335 $172,600 $47,600 $125,000
2018 $1,318 $172,300 $47,900 $124,400
2017 $1,273 $172,100 $49,500 $122,600
2016 $1,274 $174,400 $50,200 $124,200
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Holly Allen

    Fehrman Realty

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1555860

MLS of Greater Cincinnati (CincyMLS)

APN: 69-07-30-200-007.000-009

Indiana Ripley County Milan 47031

7294 E State Route 48, Milan, IN

This home is located at 7294 E State Route 48, Milan, IN 47031 since 30 September 2017 and is currently estimated at $453,947. This property was built in 1976. 7294 E State Route 48 is a home located in Ripley County with nearby schools including Milan Elementary School, Milan Middle School, and Milan High School.

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