NOT LISTED FOR SALE

7404 E State Road 56 Unit 56 Lexington, IN 47138

Estimated Value: $185,000 - $286,000

3 Beds
1 Bath
1,056 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $36,125 $34 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $1,259/month

Highlights

  • Creek On Lot
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of March 2012

3 Bedroom Ranch, enclosed front porch, detached 1 car garage, pole barn has been damaged. Offers from owner occupants and public entities will be given priority over investor offers for the first 15 days that the property is on HomePath.com. Owner occupant certification must accompany offers. Buyer to verify taxes, exemptions, and school system. Exemptions may drop off at any time. $120 rekey at buyers expense to be paid on HUD. Sq Ft and measurements approximate.

Last Agent to Sell the Property

Diana Mayfield

RE/MAX FIRST License #RB14012873 Listed on: 01/21/2012

RE/MAX FIRST

Co-Listed By

Susan Riley

RE/MAX FIRST License #RB14030084

Last Buyer's Agent

Jennifer Jordan

Lighthouse Realty Group, Inc. License #RB14031558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1956

Lot Details

  • 2

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Creek On Lot
  • 2 Acre Lot
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 720616200002000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$441

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Improvements: 55000
  • Annual Tax: 441
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 1800
  • Legal Description: NE 1/4 NW QR 16-3-8 2.00 A Watershed
  • Lot Dimensions: See lot size
  • Numof Fireplaces: 0
  • Parcel Number: 720616200002000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 73000
  • Total Finished Square Footage: 1056
  • Type: 1 Story
  • Year Built: 1956
  • Special Features: 20

Interior Features

  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1056.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Lot Sq Ft: 87120.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1056
  • Total Rooms: 7

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Water: Creek
  • Water Type: Public Onsite

Lot Info

  • Acres: 2.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2015
Sold by
Vivian Mclntosh Inc
Bought by
Davis Christopher
Current Estimated Value
$223,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,769
Outstanding Balance
$73,277
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$150,354

Purchase Details

Closed on
Feb 18, 2014
Sold by
Vivian Mclntosh Inc
Bought by
Skirvin Mary Frances and Hurt Anthony Shilow

Purchase Details

Listed on
Jan 21, 2012
Closed on
Mar 16, 2012
Sold by
Fannie Mae
Bought by
Vivian Mcintosh Inc
Seller's Agent
Diana Mayfield
RE/MAX FIRST
Buyer's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
List Price
$41,200
Sold Price
$36,125
Premium/Discount to List
-$5,075
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Listed on
Jan 21, 2012
Closed on
Mar 12, 2012
Sold by
Not Provided
Bought by
Vivain Mcintosh Inc
Seller's Agent
Diana Mayfield
RE/MAX FIRST
Buyer's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
List Price
$41,200
Sold Price
$36,125
Premium/Discount to List
-$5,075
-12.32%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Barrett Donna J and Barrett Ronald E
Bought by
Fannie Mae and Federal National Mortgage Association
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
Davis Christopher -- None Available
Skirvin Mary Frances $99,900 None Available
Mcintosh Vivian Cont $99,900 Vivian Mcintosh Inc
Vivian Mcintosh Inc $36,125 None Available
Vivain Mcintosh Inc $36,125 Sojourners Title Agency
Fannie Mae $121,444 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Christopher $93,769
Closed Skirvin Mary Frances $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $36,125 -12.3% $34 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $41,200 -- $39 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $830 $121,400 $22,000 $99,400
2023 $785 $119,800 $22,000 $97,800
2022 $837 $117,800 $22,000 $95,800
2021 $717 $104,500 $22,000 $82,500
2020 $692 $103,700 $22,000 $81,700
2019 $671 $102,000 $22,000 $80,000
2018 $608 $96,100 $17,000 $79,100
2017 $571 $95,100 $17,000 $78,100
2016 $522 $90,700 $17,000 $73,700
2014 $469 $82,800 $17,000 $65,800
2013 $469 $55,500 $17,000 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201200601

Southern Indiana REALTORS® Association

APN: 72-06-16-200-002.000-005