NOT LISTED FOR SALE

7429 E 500 S Marion, IN 46953

Estimated Value: $215,000 - $360,000

3 Beds
2 Baths
1,798 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $200,000 $111 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,813/month

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Wood Flooring
  • 19.4 Acre Lot
  • Wooded Lot
  • 1 Fireplace

About This Home

As of November 2021

approx. 19.4 park like acres of woods, lawn and pond. Sits almost a half mile off the highway. Rustic 1 1/2 story, 3 bedroom home with 1800 sq.ft. Large master bedroom down, eat-in kitchen, great room with wood stove. This secluded property has a 2 acre pond, 2 storage sheds, lots of peace and quiet.

Last Agent to Sell the Property

Jim Nicholson

Nicholson Realty 2.0 LLC Listed on: 10/22/2021

Last Buyer's Agent

Jim Nicholson

Nicholson Realty 2.0 LLC Listed on: 10/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1985

Lot Details

  • 19.4 Acre Lot
  • Waterfront
  • Rural Setting
  • Wooded Lot

Parking

  • Stone Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Eastbrook South Elementary School
  • Eastbrook Middle School
  • Eastbrook High School

Utilities

  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 27-08-32-204-005.000-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,304

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1985
  • Age: 36
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lot 1 & 431.07' x 50' 1/6 int.(driveway) Abraham's Blessing Add. &PT NE SW; SEC 32; 7.67A
  • Parcel Number ID: 27-08-32-204-005.000-020
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 88.89
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1798
  • Total Finished Sq Ft: 1798
  • Above Grade Finished Sq Ft: 1798
  • Price Per Sq Ft: 111.23
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 28x12, On Level: Main
  • Kitchen: Dimensions: 20x12, On Level: Main
  • Bedroom 1: Dimensions: 18x19, On Level: Main
  • Bedroom 2: Dimensions: 12x20, On Level: Upper
  • Bedroom 3: Dimensions: 12x20, On Level: Upper
  • Main Level Sq Ft: 1238
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 10x12
  • Outbuilding2: Shed, Dimensions: 12x10, 120

Garage/Parking

  • Driveway: Stone

Utilities

  • Heating Fuel: Propane, Wood, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 12
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: Eastbrook Community
  • Elementary School: Eastbrook South
  • Middle School: Eastbrook
  • High School: Eastbrook
  • Elementary School: Eastbrook South

Lot Info

  • Lot Description: 15+, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 845064
  • Estimated Lot Size Acres: 19.4

Tax Info

  • Annual Taxes: 1303.82
  • Exemptions: Homestead

MLS Schools

  • High School: Eastbrook
  • Middle School: Eastbrook
  • School District: Eastbrook Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 15, 2021
Sold by
Taylor Rebecca D
Bought by
Rowe Chadwick S and Rowe Stephanie
Seller's Agent
Jim Nicholson
Nicholson Realty 2.0 LLC
Buyer's Agent
Jim Nicholson
Nicholson Realty 2.0 LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$298,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,253
Avg. Annual Appreciation
9.86%
Original Mortgage
$124,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 7, 2018
Sold by
Rebecca D Mcphearson Lt
Bought by
Taylor Rebecca D
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
Taylor Rebecca D -- --
Rowe Chadwick S $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Chadwick S $120,000
Previous Owner Taylor Rebecca D $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $200,000 -11.1% $111 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $225,000 -- $125 / 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 $2,252 $223,300 $89,100 $134,200
2023 $2,479 $207,100 $89,100 $118,000
2022 $2,244 $178,800 $68,700 $110,100
2021 $1,448 $166,500 $68,700 $97,800
2020 $1,304 $158,100 $65,400 $92,700
2019 $583 $116,000 $26,000 $90,000
2018 $508 $110,100 $26,000 $84,100
2017 $473 $109,700 $26,000 $83,700
2016 $448 $109,700 $26,000 $83,700
2014 $377 $100,600 $26,000 $74,600
2013 $377 $90,000 $26,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202144676

Indiana Regional MLS

APN: 27-08-32-204-005.000-020