NOT LISTED FOR SALE

7381 Spearsville Rd Morgantown, IN 46160

Estimated Value: $192,000 - $243,358

2 Beds
1 Bath
2,092 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $105,000 $50 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,244/month

45 Days on Market

Highlights

  • Mature Trees
  • Rustic Architecture
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Formal Dining Room
  • Garage

About This Home

As of October 2014

Farmhouse style two-story home is charming. Dining room off the kitchen, bedroom and full bath on main level. Upstairs 20x15 room with pretty wood floors, window storage seats at each end, lots of shelves, drawers & storage space. Room for an office and 2nd bedroom. The grounds on this 2 acre property are beautiful with lots of open area with mature shade trees. Grape arbor, persimmon, walnut apple & plum trees. Great place for a garden. Big 2-car det. garage with workshop and electricity.

Last Agent to Sell the Property

Phillip Shively

Listed on: 05/30/2014

Co-Listed By

Kimberly Brady

Carpenter Hills O'Brown

Last Buyer's Agent

Cindy Dawson

Dawson and Michael Realty, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $320

Year Built

  • Built in 1910

Lot Details

  • 2.08 Acre Lot
  • Mature Trees

Parking

  • Garage

Home Design

  • Rustic Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 070217400131000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$320

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1910
  • Garage Y N: Yes
  • Lot Size Acres: 2.08
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Farmhouse style two-story home is charming. Dining room off the kitchen, bedroom and full bath on main level. Upstairs 20x15 room with pretty wood floors, window storage seats at each end, lots of shelves, drawers & storage space. Room for an office and 2nd bedroom. The grounds on this 2 acre property are beautiful with lots of open area with mature shade trees. Grape arbor, persimmon, walnut apple & plum trees. Great place for a garden. Big 2-car det. garage with workshop and electricity.
  • Transaction Type: Sale
  • Website: www.philshivelyteam.com
  • Website: www.browncountyhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2092
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1860
  • Main Level Sq Ft: 930
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2092
  • Below Grade Sq Ft: 232
  • Upper Level Sq Ft: 930
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070217400131000006
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 2.08 AC

Tax Info

  • Tax Annual Amount: 320
  • Semi Annual Property Tax Amt: 160
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Kortzendorf Thomas F and Kortzendorf Leslie E
Bought by
Patton Alan and Patton Kristen
Current Estimated Value
$225,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,375
Outstanding Balance
$116,585
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$108,755

Purchase Details

Listed on
May 30, 2014
Closed on
Oct 3, 2014
Sold by
Roland William R
Bought by
Kortzendorf Thomas F
Seller's Agent
Phillip Shively
Buyer's Agent
Cindy Dawson
Dawson and Michael Realty, INC
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$107,142
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Knollwood Farms Inc
Bought by
Roland William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,603
Interest Rate
6.73%
Mortgage Type
FHA
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
Patton Alan $137,500 Chicago Title Company Llc
Kortzendorf Thomas F -- --
Roland William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Alan $133,375
Previous Owner Kortzendorf Thomas F $107,142
Previous Owner Roland William R $49,603
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $105,000 -4.5% $50 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
07/02/2014 07/02/14 Price Changed $109,900 -4.4% $53 / Sq Ft
05/30/2014 05/30/14 For Sale $114,900 -- $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 $522 $192,700 $53,100 $139,600
2023 $527 $185,300 $45,400 $139,900
2022 $574 $172,900 $35,400 $137,500
2021 $521 $150,800 $30,400 $120,400
2020 $405 $135,100 $22,400 $112,700
2019 $304 $115,600 $22,400 $93,200
2018 $440 $116,700 $29,300 $87,400
2017 $445 $116,800 $29,300 $87,500
2016 $404 $114,600 $29,300 $85,300
2014 $307 $109,900 $29,300 $80,600
2013 $307 $108,200 $29,300 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21294783

MIBOR Broker Listing Cooperative®

APN: 07-02-17-400-131.000-006