NOT LISTED FOR SALE

7473 W 50 S Morgantown, IN 46160

Estimated Value: $476,000 - $559,000

3 Beds
2.5 Baths
1,992 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $350,000 $176 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,059/month

70 Days on Market

Highlights

  • Home fronts a pond
  • Multiple Garages
  • Mature Trees
  • Union Elementary School Rated A-
  • 21.47 Acre Lot
  • Wood Burning Stove

About This Home

As of January 2020

Like to hunt or fish? Looking for some acreage in Johnson County with Franklin Schools? You may have found your piece of paradise with this ranch home about 5 miles west of SR 135. Heavily wooded rolling 21.5 acres with about 3-4 acres tillable. Nice orchard w/ apple, pear, & persimmon trees. New deck overlooking one of two stocked ponds. Well maintained home & only the 2nd owner. Featuring brand master suite w/large bathroom & new kitchen w/ granite counter tops, new bathrooms,new windows , lots of new hardwood flooring, new well pump, updated roof, & new mud room with built in storage. Got toys? check out the 1,000 square foot detached garage and the 800 square foot outbuilding. Even has a large tree house for the kids.

Last Agent to Sell the Property

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 08/21/2019

Keller Williams Indy Metro S

Last Buyer's Agent

Cal Findley

Keller Williams Indy Metro S License #RB14024404 Listed on: 08/21/2019

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1967

Lot Details

  • 21.47 Acre Lot
  • Home fronts a pond
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Multiple Garages
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,992 Sq Ft Home
  • Wood Burning Stove
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • Screened Patio
  • Shed
  • Playground

Schools

  • Union Elementary School
  • Franklin Community Middle School
  • Franklin Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Liquid Propane Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 410919031003000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1967
  • Building Area Total: 1992
  • Garage Y N: Yes
  • Lot Size Acres: 21.47
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • F H A Certified: No
  • MBR_AttributionContact: CallawayFindley@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space, Sump Pump
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Water Purifier, Propane Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Vinyl, Breakfast Bar, Pantry
  • Living Area: 1992
  • Main Level Bedrooms: 3
  • Areas Interior: Utility Room,Other
  • Eating Area: Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1992
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1992

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Playset
  • List Price: 379900
  • Patio And Porch Features: Screened
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Storage, Workshop in Garage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Other

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Wood Stove, Propane
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Franklin Community Middle School

Lot Info

  • Lot Features: Mature Trees, Wooded, See Remarks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 935233
  • Parcel Number: 410919031003000036
  • Acres: >20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1202
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 601
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Veteran Tax Exemption

MLS Schools

  • Elementary School: Union Elementary School
  • High School: Franklin Community High School
  • Schools: CUSTER BAKER MIDDLE,FRANKLIN COMMUNITY HIGH,FRANKLIN COMMUNITY MIDDLE,UNION ELEMENTARY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Jan 3, 2020
Sold by
Boshears David and Boshears Emily
Bought by
Gregory Christopher Q and Gregory Julie A
Seller's Agent
Cal Findley
Keller Williams Indy Metro S
Buyer's Agent
Cal Findley
Keller Williams Indy Metro S
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Current Estimated Value
$518,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,880
Avg. Annual Appreciation
8.12%
Original Mortgage
$280,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2015
Sold by
Boshears Emily and Records Emily
Bought by
Boshears David and Boshears Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.88%
Mortgage Type
VA
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
Gregory Christopher Q -- Denali Title & Escrow Agency
Boshears David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Christopher Q $280,000
Previous Owner Boshears David $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $350,000 -7.9% $176 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
09/23/2019 09/23/19 Price Changed $379,900 -2.6% $191 / Sq Ft
08/21/2019 08/21/19 For Sale $389,900 -- $196 / 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
2025 $3,698 $388,900 $51,100 $337,800
2024 $3,698 $309,900 $50,500 $259,400
2023 $3,383 $280,600 $46,200 $234,400
2022 $3,397 $281,200 $46,200 $235,000
2021 $2,784 $232,400 $45,100 $187,300
2020 $2,045 $210,700 $45,000 $165,700
2019 $1,330 $165,400 $36,600 $128,800
2018 $1,218 $162,800 $36,800 $126,000
2017 $1,235 $166,700 $38,200 $128,500
2016 $1,720 $158,300 $38,800 $119,500
2014 $1,741 $151,700 $39,300 $112,400
2013 $1,741 $160,000 $37,700 $122,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21663505

MIBOR Broker Listing Cooperative®

APN: 41-09-19-031-003.000-036