NOT LISTED FOR SALE

7429 W State Road 38 Pendleton, IN 46064

Estimated Value: $237,078 - $346,000

1 Bed
1 Bath
960 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $40,000 $42 Per Sq Ft

Est. 605% increase in value since last sale

Current estimated payment $1,800/month

8 Days on Market

Highlights

  • 0.95 Acre Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2018

FIXER-UPPER! REO property, being sold AS-IS. Nearly an acre lot in Pendleton!

Last Listed By

Jeffrey Cummings

RE/MAX Complete License #RB14035686 Listed on: 09/18/2018

RE/MAX Complete

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.95 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Attic Access Panel
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 481514100005000014

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1972
  • Co List Office Phone: 317-282-0643
  • Garage Y N: Yes
  • Lot Size Acres: 0.946
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: FIXER-UPPER! REO property, being sold AS-IS. Nearly an acre lot in Pendleton!
  • Transaction Type: Sale
  • Website: www.gotocomplete.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 960
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 960
  • Main Level Sq Ft: 960
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 960
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Foundation Details: Slab
  • List Price: 49500
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481514100005000014
  • Acres: 1/2-1 Acre
  • Lot Number: 0
  • Lot Size: 41,208

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1532
  • Semi Annual Property Tax Amt: 766
  • Tax Exemption: None

MLS Schools

  • School District: South Madison Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Oct 19, 2018
Sold by
Mtglq Investors Lp
Bought by
Dch Corp
Seller's Agent
Jeffrey Cummings
RE/MAX Complete
Buyer's Agent
Jeffrey Cummings
RE/MAX Complete
List Price
$49,500
Sold Price
$40,000
Premium/Discount to List
-$9,500
-19.19%
Total Days on Market
8
Current Estimated Value
$282,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,020
Avg. Annual Appreciation
34.56%

Purchase Details

Closed on
Jun 22, 2018
Sold by
Madison County Sheriff
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Feb 25, 2005
Sold by
Gordon David and Gordon Julie
Bought by
Gordon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.67%
Mortgage Type
New Conventional

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
Dch Corp $40,000 --
Dch Enterprises Corp $40,000 Metropolitan Title
Mtglq Investors Lp $48,000 None Available
Gordon David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon David $99,200
Previous Owner Gordon David $18,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $40,000 -19.2% $42 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $49,500 -- $52 / 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 $2,753 $147,700 $29,200 $118,500
2023 $2,719 $135,800 $27,800 $108,000
2022 $1,576 $84,400 $26,500 $57,900
2021 $1,472 $79,500 $26,500 $53,000
2020 $1,514 $75,700 $25,200 $50,500
2019 $1,517 $75,800 $25,200 $50,600
2018 $1,627 $80,200 $25,200 $55,000
2017 $1,532 $76,400 $22,100 $54,300
2016 $1,555 $76,400 $22,100 $54,300
2014 $1,435 $71,600 $22,100 $49,500
2013 $1,435 $71,600 $22,100 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21592556

MIBOR Broker Listing Cooperative®

APN: 48-15-14-100-005.000-014