NOT LISTED FOR SALE

7400 S County Road 560 E Selma, IN 47383

Estimated Value: $383,000 - $452,709

6 Beds
2.5 Baths
3,550 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $292,500 $82 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,497/month

1 Day on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Patio
  • Selma Elementary School Rated A-
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of August 2020

Own you're own slice of paradise in Selma, directly across from the reservoir. This large lot provides a beautifully aged barn, detached garage (currently being used as batting cages), abundant acreage, and an inground pool. Top that off with a large two story home that has updates galore, separate office wing, main floor master, outdoor patio with dual access, and a brand new pellet stove for those chilly IN nights. If you haven't begun thinking of winter you'll have plenty of time and space to enjoy the outdoors in this home. The inground pool (with slide), manicured outdoor living space, and ample acreage, is just what the Dr. ordered. Recent updates include: New Paint throughout, new carpet, new flooring, new windows, new kitchen appliances (stove, refrigerator, microwave and dishwasher), new countertops, updated cabinets, new bathroom cabinets (upstairs), new water softener, new filter for the pool, updated landscaping, and exterior painting (2019). Come take a look at your new home, one visit will have you desiring to stay for a lifetime!

Last Agent to Sell the Property

Ryan Kramer

RE/MAX Real Estate Groups Listed on: 07/13/2020

RE/MAX Real Estate Groups

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1976

Lot Details

  • 8.42 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Property is zoned R-2A Residence Zone - County Only

HOA Fees

  • $2 per month

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Water Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower

Outdoor Features

  • Patio

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Heating System Powered By Leased Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • $2 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 18-16-04-400-017.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,246

Year Built

Built in 1976

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1976
  • Age: 44
  • Style: Two Story
  • Total Number of Rooms: 12
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: N END W HLF SE QTR - PARCEL B S04 T19 R11 5.000 AC & N END W HLF SE QTR - PARCEL A S04 T19 R11 3.42 AC
  • Parcel Number ID: 18-16-04-400-017.000-020
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Landscaped, Near Walking Trail, Patio Open, Stand Up Shower, Main Level Bedroom Suite
  • Location: Rural
  • Parcel Id2: 181604400016000020
  • Sp Lp Percent: 101.74
  • County Zoning: R-2A Residence Zone - County Only
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3550
  • Total Finished Sq Ft: 3550
  • Above Grade Finished Sq Ft: 3550
  • Price Per Sq Ft: 82.39
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x15, On Level: Main
  • Kitchen: Dimensions: 26x14, On Level: Main
  • Dining Room: Dimensions: 20x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 18x11, On Level: Upper
  • Bedroom 4: Dimensions: 18x11, On Level: Upper
  • Bedroom 5: Dimensions: 16x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 44x24
  • Outbuilding2: Barn, Dimensions: 30x34, 1020

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x19
  • Garage Sq Ft: 437
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Ceiling, Other Heating System, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Storm Water $11.40/ YR Ditch Fee $10/ YR
  • Other Fees Dollar: 21.4

Schools

  • School District: Liberty-Perry Community S.D.
  • Elementary School: Selma
  • Middle School: Selma
  • High School: Wapahani
  • Elementary School: Selma

Lot Info

  • Lot Description: Level, Water View
  • Estimated Lot Sq Ft: 366775
  • Estimated Lot Size Acres: 8.42

Tax Info

  • Annual Taxes: 2245.66

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 13, 2020
Sold by
Lash Timothy R and Lash Jenny M
Bought by
Friend Sylvester and Friend Sabrina
Seller's Agent
Ryan Kramer
RE/MAX Real Estate Groups
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$287,500
Sold Price
$292,500
Premium/Discount to List
$5,000
1.74%
Current Estimated Value
$410,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,927
Avg. Annual Appreciation
6.67%
Original Mortgage
$234,000
Outstanding Balance
$209,895
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$191,920

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 31, 2018
Sold by
Quick Larry L and Quick Marilynn M
Bought by
Lash Timothy R and Lash Jenny M
Seller's Agent
Donna Polcz
RE/MAX Real Estate Groups
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$233,000
Sold Price
$210,000
Premium/Discount to List
-$23,000
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Original Mortgage
$199,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Friend Sylvester -- None Available
Lash Timothy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friend Sylvester $234,000
Previous Owner Lash Timothy R $199,500
Previous Owner Quick Larry L $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $292,500 +1.7% $82 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $287,500 +36.9% $81 / Sq Ft
07/31/2018 07/31/18 Sold $210,000 -9.9% $59 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $233,000 -- $66 / 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
2024 $2,742 $344,800 $75,000 $269,800
2023 $2,962 $344,800 $75,000 $269,800
2022 $3,237 $354,300 $75,000 $279,300
2021 $2,740 $279,900 $75,000 $204,900
2020 $2,515 $243,200 $75,000 $168,200
2019 $2,267 $228,500 $75,000 $153,500
2018 $4,019 $229,200 $75,000 $154,200
2017 $2,251 $242,300 $75,000 $167,300
2016 $2,266 $242,400 $75,000 $167,400
2014 $2,195 $232,100 $75,000 $157,100
2013 -- $230,500 $75,000 $155,500
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kramer

    Seller's Agent in 2020

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    583 Total Sales

    Ryan Kramer
    Section Image

  • D

    Buyer's Agent in 2020

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3,869 Total Sales

    Diana Martin
    Section Image

  • D

    Seller's Agent in 2018

    Donna Polcz

    RE/MAX

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202026825

Indiana Regional MLS

APN: 18-16-04-400-017.000-020

Indiana Delaware County Selma 47383

7400 S County Road 560 E, Selma, IN

This home is located at 7400 S County Road 560 E, Selma, IN 47383 since 13 July 2020 and is currently estimated at $410,427, approximately $115 per square foot. This property was built in 1976. 7400 S County Road 560 E is a home located in Delaware County with nearby schools including Selma Elementary School, Selma Middle School, and Wapahani High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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