NOT LISTED FOR SALE

7938 S County Road 425 W Spiceland, IN 47385

Estimated Value: $256,000 - $449,000

4 Beds
1 Bath
1,932 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $246,400 $128 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,977/month

6 Days on Market

Highlights

  • 18.57 Acre Lot
  • Horse or Livestock Barn
  • Forced Air Heating and Cooling System
  • Creek On Lot
  • Outdoor Storage
  • Partially Fenced Property

About This Home

As of May 2016

Fabulous farm on over 18 acres. This beautiful property provides scenic views and has so much to offer. The spacious home is ready to move into and is tastefully decorated. There is a large kitchen with good storage, the living room has a wood burning fireplace and the metal roof is only 5 years old. There is a 40 x 50 horse barn with 15 stalls, a 16 X 12 storage building and a 20 x 30 lean to. There is a creek that runs through the property adding to the peace of country living.

Last Agent to Sell the Property

Julia Hoffman

Legacy Real Estate Partners License #RB14027120 Listed on: 03/04/2016

Co-Listed By

Bryan Paugh

Legacy Real Estate Partners License #RB14041839

Last Buyer's Agent

Amy Borgmann

Borgmann Realty, LLC License #RB14033193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $746

Year Built

  • Built in 1900

Lot Details

  • 18.57 Acre Lot
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • Electric Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Creek On Lot
  • Outdoor Storage

Farming

  • Horse or Livestock Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 331719000302000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$746

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1900
  • Co List Office Phone: 765-545-3195
  • Garage Y N: No
  • Lot Size Acres: 18.57
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Fabulous farm on over 18 acres. This beautiful property provides scenic views and has so much to offer. The spacious home is ready to move into and is tastefully decorated. There is a large kitchen with good storage, the living room has a wood burning fireplace and the metal roof is only 5 years old. There is a 40 x 50 horse barn with 15 stalls, a 16 X 12 storage building and a 20 x 30 lean to. There is a creek that runs through the property adding to the peace of country living.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Living Area: 1932
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1428
  • Main Level Sq Ft: 1008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1932
  • Below Grade Sq Ft: 504
  • Upper Level Sq Ft: 420
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Fence Partial, Storage
  • Foundation Details: Rock
  • List Price: 249900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 331719000302000024
  • Acres: 10-20 Acres
  • Lot Information: Creek On Property
  • Lot Number: 0
  • Lot Size: 18.57

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 746
  • Semi Annual Property Tax Amt: 373
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 331624000407000024

MLS Schools

  • School District: South Henry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
May 2, 2016
Sold by
White Alan D
Bought by
Dillman Robert K and Gartz Brenda M
Seller's Agent
Julia Hoffman
Legacy Real Estate Partners
Buyer's Agent
Amy Borgmann
Borgmann Realty, LLC
List Price
$249,900
Sold Price
$246,400
Premium/Discount to List
-$3,500
-1.4%
Current Estimated Value
$342,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,453
Avg. Annual Appreciation
1.72%
Original Mortgage
$196,000
Outstanding Balance
$156,075
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$132,763

Purchase Details

Closed on
Sep 10, 2012
Sold by
Gabbard Terril A
Bought by
White Alan D

Purchase Details

Closed on
Aug 25, 2009
Sold by
Hollars Sue D
Bought by
Gabbard Terril A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.21%
Mortgage Type
New Conventional
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
Dillman Robert K -- First American Title
White Alan D -- None Available
Gabbard Terril A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillman Robert K $196,000
Previous Owner Gabbard Terril A $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $246,400 -1.4% $128 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $249,900 -- $129 / 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 $1,357 $181,900 $40,800 $141,100
2023 $1,541 $168,200 $38,500 $129,700
2022 $1,614 $158,300 $29,100 $129,200
2021 $1,220 $123,300 $25,200 $98,100
2020 $1,320 $128,200 $25,200 $103,000
2019 $1,200 $128,800 $26,900 $101,900
2018 $1,142 $124,400 $25,500 $98,900
2017 $500 $82,900 $27,000 $55,900
2016 $484 $82,700 $27,700 $55,000
2014 $432 $78,800 $28,200 $50,600
2013 $432 $73,600 $26,200 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Julia Hoffman

    Seller's Agent in 2016

    Julia Hoffman

    Legacy Real Estate Partners

    (765) 524-3055

    131 Total Sales

    Julia Hoffman
    Section Image
  • Bryan Paugh

    Seller Co-Listing Agent in 2016

    Bryan Paugh

    Legacy Real Estate Partners

    (765) 524-0134

    179 Total Sales

    Bryan Paugh
    Section Image
  • Amy Borgmann

    Buyer's Agent in 2016

    Amy Borgmann

    Borgmann Realty, LLC

    (317) 462-4216

    21 Total Sales

    Amy Borgmann
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21402413

MIBOR Broker Listing Cooperative®

APN: 33-17-19-000-302.000-024

Indiana Henry County Spiceland 47385

7938 S County Road 425 W, Spiceland, IN

This home is located at 7938 S County Road 425 W, Spiceland, IN 47385 since 04 March 2016 and is currently estimated at $342,853, approximately $177 per square foot. This property was built in 1900. 7938 S County Road 425 W is a home located in Henry County with nearby schools including Tri Elementary School and Tri Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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