NOT LISTED FOR SALE

7775 E Us Highway 40 Cambridge City, IN 47327

Estimated Value: $169,000 - $273,000

4 Beds
2 Baths
2,384 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $98,000 $41 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,113/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • 3.5 Car Attached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Air Conditioning

About This Home

As of August 2019

Great value in this exceptional 4 bedroom 2 bath home resting on 2 & ½ acres that includes a 2 car garage with large workshop area! This home features over 2,000 sq. ft. of living space with 2 bedrooms 1 bath upstairs and 2 bedrooms 1 bath on the main level (master suite on main level), 9 foot ceilings throughout that make every room feel spacious, a kitchen than comes fitted with appliances and large pantry, full basement that offers additional storage space, and more! Step outside to find everyone’s dream garage that includes 2 independent garage door openers and a 500 sq. ft. separate work shop/storage area, 2 & ½ acres that would be ideal for a large garden or animals to roam, separate electric and water ran where you could build a barn, multiple mature trees that provide great shade for enjoying the outdoors, and more! Call or text Tyler Fortman at (765) 277-6607 or John Fortman at (765) 277-1974 today to setup your personal tour. Visit Fortman Team on social media for more information on this property.

Last Agent to Sell the Property

Tyler Fortman

Coldwell Banker Lingle License #RB15000149 Listed on: 05/20/2019

Coldwell Banker Lingle

Co-Listed By

JOHN FORTMAN

Coldwell Banker Lingle License #RB17001837

Last Buyer's Agent

Rhonda Duning

Coldwell Banker Lingle License #RB14041650

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1940

Lot Details

  • 2.47

Parking

  • 3.5 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • Gas Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Tri-Village Elementary And Middle School
  • Tri-Village High School

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Covered Patio or Porch
  • 2.47 Acre Lot

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1940

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 7775 E US HIGHWAY 40
  • Second Address Number: 7775
  • Estimated Year Built: 1940
  • Estimated Basement Size: FULL
  • Estimated Size Bathroom 1: FULL
  • Bathroom 1 Comments: MASTER
  • Estimated Size Bathroom 2: FULL
  • Estimated Size Bedroom 1: 13.5X12.2
  • Bedroom 1 Comments: MASTER SUITE
  • Estimated Dining Room Size: 12X15.3
  • Dining Rm Level: M
  • E X E M P T: Homestead Credit, Mortgage
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, FHA 1st Buyer, VA
  • Geo Address Line: 7775 E Us Highway 40
  • Geo Longitude: -85.23827
  • Geo Primary City: Cambridge City
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 64800
  • Kitchen Level: M
  • Land Valuation: 19800
  • Estimated Living Room Size: 15.4X15.5
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: Traditional
  • Tax Dup Number: 002-02911-00
  • Taxes Half: 211.20
  • Total Assessed Value: 84600
  • Estimated Utility Room Size: 8X15.5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Included: Range-Gas, Refrigerator
  • Total Number Rooms: 8
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: U
  • Primary Bathroom: Yes
  • Kitchen Comments: APPLIANCES INCLUDED
  • Has Basement: Yes
  • Basement Percentage Finished: 0%
  • Estimated Size Bedroom 2: 13.3X12
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 12.3X17.7
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 12X12.2
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 12X13.5
  • Price Per S Q F T: 41.11
  • Basement Type: Single Family
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: GRAVEL
  • Garage Capacity: 3.5
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Window, 1
  • Electric Company: Duke Energy
  • Gas Company: Other
  • Heat Type: Fuel Oil, Forced Air
  • Sewer: Septic
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Tri-Village
  • Middle School: Tri-Village
  • High School: Tri-Village
  • Elementary School: Tri-Village
  • High School: Tri-Village
  • Middle School: Tri-Village

Lot Info

  • Geo Update Timestamp: 2019-05-20
  • Estimated Number Acres: 2.47
  • Land Contract: No
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 5, 2019
Sold by
Strait Denver L
Bought by
Field Tanner
Seller's Agent
Tyler Fortman
Coldwell Banker Lingle
Buyer's Agent
Rhonda Duning
Coldwell Banker Lingle
List Price
$89,900
Sold Price
$98,000
Premium/Discount to List
$8,100
9.01%
Current Estimated Value
$202,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,791
Avg. Annual Appreciation
10.41%
Original Mortgage
$96,224
Outstanding Balance
$85,230
Interest Rate
3.73%
Mortgage Type
FHA
Estimated Equity
$94,977

Purchase Details

Closed on
Dec 12, 2011
Sold by
Strait Denver L and Strait Amanda J
Bought by
Strait Denver L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Burton Catherine R
Bought by
Stralt Denver L and Strait Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Burton Catherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,673
Interest Rate
6.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2008
Sold by
Corum Max E and Corum Patricia A
Bought by
Deutsche Bank Natinal Trust Co
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
Field Tanner $98,000 Independence Title & Escrow Co
Strait Denver L -- None Available
Stralt Denver L -- None Available
Burton Catherine R -- None Available
Deutsche Bank Natinal Trust Co $56,607 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Tanner $96,224
Previous Owner Stralt Denver L $49,600
Previous Owner Burton Catherine R $52,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $98,000 +9.0% $41 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $89,900 -- $38 / Sq Ft
Source: Richmond Association of REALTORS®

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 $509 $101,900 $21,200 $80,700
2023 $651 $106,800 $21,200 $85,600
2022 $687 $97,500 $19,800 $77,700
2021 $633 $90,400 $19,800 $70,600
2020 $652 $90,400 $19,800 $70,600
2019 $458 $84,600 $19,800 $64,800
2018 $459 $84,000 $19,800 $64,200
2017 $413 $83,100 $19,800 $63,300
2016 $386 $81,900 $19,800 $62,100
2014 $350 $90,100 $22,000 $68,100
2013 $350 $90,200 $22,000 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10036180

APN: 33-19-30-000-106.000-003