NOT LISTED FOR SALE

7408 N Tree Farm Rd Solsberry, IN 47459

Estimated Value: $257,000 - $298,000

4 Beds
2 Baths
2,212 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $115,000 $52 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,601/month

125 Days on Market

Highlights

  • 21.84 Acre Lot
  • Horse or Livestock Barn
  • Garage
  • Ranch Style House
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of June 2015

Rural mini farm with 21.84 acres of woods and pasture mixed. There is a 5 acre fenced pasture area with a pond in it, a 16x30 -- 2 stall horse barn, a 14x22 chicken coop, plus you have a 22x24 -- 2 car detached garage. The home consists of 1910 finished sq. ft. with 302 unfinished sq. ft. in a basement; there are 4 bedrooms and 2 baths, an office area and an open concept in the living room, dining area and kitchen.

Last Agent to Sell the Property

Chris Wesley

RE/MAX Select Associates, Inc. License #RB14024437 Listed on: 10/27/2014

RE/MAX Select Associates, Inc.

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1998

Lot Details

  • 21.84 Acre Lot
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,212 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Gravel Driveway

Farming

  • Horse or Livestock Barn

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 280118000017000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$886

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Manufact, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1998
  • Garage Y N: Yes
  • Lot Size Acres: 21.84
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Rural mini farm with 21.84 acres of woods and pasture mixed. There is a 5 acre fenced pasture area with a pond in it, a 16x30 -- 2 stall horse barn, a 14x22 chicken coop, plus you have a 22x24 -- 2 car detached garage. The home consists of 1910 finished sq. ft. with 302 unfinished sq. ft. in a basement; there are 4 bedrooms and 2 baths, an office area and an open concept in the living room, dining area and kitchen.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Free-Standing Freezer, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Screens Some
  • Living Area: 2212
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1910
  • Main Level Sq Ft: 1910
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2212
  • Below Grade Sq Ft: 302
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Driveway Gravel, Fence Partial
  • Foundation Details: Block, Block
  • List Price: 119900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 280118000017000001
  • Acres: >20 Acres
  • Lot Information: Irregular,Wooded
  • Lot Number: 0
  • Lot Size: 21.84

Tax Info

  • Tax Annual Amount: 886
  • Semi Annual Property Tax Amt: 443
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Jun 5, 2015
Sold by
Engel Jason F and Engel Sherry L
Bought by
Herrin Seth A
Seller's Agent
Chris Wesley
RE/MAX Select Associates, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Current Estimated Value
$281,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,860
Avg. Annual Appreciation
10.25%
Original Mortgage
$112,917
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Bartlett Martin M
Bought by
Engel Jason F and Engel Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,749
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Herrin Seth A -- --
Engel Jason F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrin Seth A $112,917
Previous Owner Engel Jason F $105,749
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $115,000 -4.1% $52 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $119,900 -- $54 / 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 $1,266 $133,500 $28,500 $105,000
2023 $1,254 $133,300 $27,100 $106,200
2022 $1,473 $135,900 $25,600 $110,300
2021 $1,391 $124,200 $24,800 $99,400
2020 $1,347 $124,700 $24,800 $99,900
2019 $1,267 $116,900 $25,800 $91,100
2018 $1,240 $114,500 $26,000 $88,500
2017 $1,193 $113,400 $26,900 $86,500
2016 $988 $108,100 $27,800 $80,300
2014 $900 $100,800 $27,800 $73,000
2013 -- $99,600 $26,600 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21322202

MIBOR Broker Listing Cooperative®

APN: 28-01-18-000-017.000-001