NOT LISTED FOR SALE

7315 W Reformatory Rd Fortville, IN 46040

Estimated Value: $253,000 - $340,677

2 Beds
1 Bath
902 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $35,000 $39 Per Sq Ft

Est. 781% increase in value since last sale

Current estimated payment $1,877/month

66 Days on Market

Highlights

  • 0.58 Acre Lot
  • Ranch Style House
  • Eat-In Kitchen
  • Pendleton Heights High School Rated 9+
  • Wood Frame Window
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

2BD, 1BA ranch home is set to the back of a large lot on 0.6 acres, convenient access to I-69, located between Fortville and Pendleton

Last Agent to Sell the Property

Fred Krawczyk

Envoy Real Estate, LLC License #RB14039436 Listed on: 05/28/2020

Last Buyer's Agent

Lynn Fields

ReVISION Realty & Renovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60

Year Built

  • Built in 1981

Lot Details

  • 0.58 Acre Lot

Home Design

  • Ranch Style House
  • Concrete Perimeter Foundation

Interior Spaces

  • 902 Sq Ft Home
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 481535400009000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$60

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1981
  • Garage Y N: No
  • Lot Size Acres: 0.577
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: 2BD, 1BA ranch home is set to the back of a large lot on 0.6 acres, convenient access to I-69, located between Fortville and Pendleton
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Wood
  • Living Area: 902
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 902
  • Main Level Sq Ft: 902
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 902
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Wood
  • Disclosures: BankOwned
  • Foundation Details: Concrete Perimeter
  • List Price: 39900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None
  • Garage Sq Ft: 336

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481535400009000014
  • Acres: 1/2-1 Acre
  • Lot Number: 0
  • Lot Size: 25,134

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 60
  • Semi Annual Property Tax Amt: 30
  • Tax Exemption: None

MLS Schools

  • School District: Mt. Vernon Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Reformation Homes Llc
Bought by
Johnson Marissa and Johnson Casey
Current Estimated Value
$308,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$153,506
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$156,623

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 7, 2020
Sold by
Us Bank Trust Na
Bought by
Reformation Homes Llc
Seller's Agent
Fred Krawczyk
Envoy Real Estate, LLC
Buyer's Agent
Lynn Fields
ReVISION Realty & Renovation
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.38%

Purchase Details

Closed on
Feb 21, 2020
Sold by
Madison County Sheriff
Bought by
Lsf10 Master Participation Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnson Marissa $263,000 Ata National Title
Reformation Homes Llc $36,000 Title Agency Inc
Lsf10 Master Participation Trust $44,138 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Marissa $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $35,000 -12.3% $39 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/14/2020 07/14/20 Price Changed $39,900 -10.3% $44 / Sq Ft
06/17/2020 06/17/20 Price Changed $44,500 -10.8% $49 / Sq Ft
05/28/2020 05/28/20 For Sale $49,900 -- $55 / 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 $2,806 $288,900 $23,600 $265,300
2023 $2,666 $266,600 $22,500 $244,100
2022 $2,620 $265,500 $21,400 $244,100
2021 $491 $26,500 $21,400 $5,100
2020 $1 $59,500 $20,400 $39,100
2019 $5 $59,500 $20,400 $39,100
2018 $60 $70,100 $20,400 $49,700
2017 $23 $63,300 $18,600 $44,700
2016 $42 $66,200 $18,600 $47,600
2014 $44 $66,800 $18,600 $48,200
2013 $44 $66,800 $18,600 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21714770

MIBOR Broker Listing Cooperative®

APN: 48-15-35-400-009.000-014