NOT LISTED FOR SALE

7951 N State Road 38 Sheridan, IN 46069

Estimated Value: $562,000 - $747,000

3 Beds
2 Baths
2,456 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $432,367 $176 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,688/month

180 Days on Market

Highlights

  • 15.5 Acre Lot
  • Ranch Style House
  • Pole Barn
  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2021

15.5 acres, Newer concrete ranch home on a crawl space, hardwood floors, vaulted wood ceiling, wood burning stove, solid surface counter tops, new roof (8/2020). 1224 sq ft barn with covered porch, concrete floor, elec, full bath, wood burning stove, hay loft, 4 stalls for horses. Hard to find property make this home your home for the holidays!! Cash rent from crops for Fall 2020 will go to seller. This property is handicap accessible.

Last Agent to Sell the Property

Judy Shelton

F.C. Tucker Company License #RB14020184 Listed on: 09/04/2020

F.C. Tucker Company

Last Buyer's Agent

Alan Schultz

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 2000

Lot Details

  • 15.5

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2,456 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Thermal Windows
  • Window Screens
  • Family or Dining Combination
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Additional Features

  • Handicap Accessible
  • 15.5 Acre Lot
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 061625000035000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2000
  • Garage Y N: Yes
  • Lot Size Acres: 15.5
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: 15.5 acres, Newer concrete ranch home on a crawl space, hardwood floors, vaulted wood ceiling, wood burning stove, solid surface counter tops, new roof (8/2020). 1224 sq ft barn with covered porch, concrete floor, elec, full bath, wood burning stove, hay loft, 4 stalls for horses. Hard to find property make this home your home for the holidays!! Cash rent from crops for Fall 2020 will go to seller. This property is handicap accessible.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Interior Amenities: Vaulted Ceiling(s), Hardwood Floors, Screens Complete, Windows Thermal, WoodWorkStain/Painted
  • Living Area: 2456
  • Other Equipment: Smoke Detector, Water-Softener Rented
  • Room Count: 6
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2456
  • Main Level Sq Ft: 2456
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2456
  • Kitchen Features: Kitchen Eat In,Kitchen Some Updates,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Pole, Driveway Gravel, Exterior Handicap Accessible
  • Foundation Details: Crawl Space
  • List Price: 439900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Propane
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 776

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 061625000035000012
  • Acres: 10-20 Acres
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 675,180

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3392
  • Semi Annual Property Tax Amt: 1696
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Sheridan Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
May 6, 2021
Sold by
Barnes Douglas L and Waterman Jessica L
Bought by
Bournique Ryan and Bournique Megan M
Seller's Agent
Judy Shelton
F.C. Tucker Company
Buyer's Agent
Alan Schultz
Compass Indiana, LLC
List Price
$499,900
Sold Price
$432,367
Premium/Discount to List
-$67,533
-13.51%
Current Estimated Value
$625,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,432
Avg. Annual Appreciation
8.79%
Original Mortgage
$324,275
Outstanding Balance
$293,874
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$331,925

Purchase Details

Closed on
Oct 27, 2012
Sold by
Waterman Omer J and Waterman Sandra K
Bought by
Barnes Douglas L and Barnes Jessica L

Purchase Details

Closed on
Oct 11, 2005
Sold by
Yates Misti and Barnes Susan C
Bought by
Barnes Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Bournique Ryan $432,367 Meridian Title
Barnes Douglas L -- None Available
Barnes Susan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bournique Ryan $324,275
Previous Owner Barnes Susan C $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $432,367 0.0% $176 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 Off Market $432,367 -- --
10/05/2020 10/05/20 Price Changed $439,900 -12.0% $179 / Sq Ft
09/04/2020 09/04/20 For Sale $499,900 -- $204 / 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 $4,434 $464,600 $56,900 $407,700
2023 $3,953 $434,600 $51,100 $383,500
2022 $4,175 $412,600 $45,000 $367,600
2021 $3,717 $359,800 $41,700 $318,100
2020 $3,525 $343,300 $41,600 $301,700
2019 $3,473 $339,800 $45,900 $293,900
2018 $3,368 $324,400 $46,600 $277,800
2017 $3,347 $325,800 $50,300 $275,500
2016 $3,059 $309,500 $52,000 $257,500
2014 $3,051 $298,200 $53,400 $244,800
2013 $3,001 $289,400 $48,900 $240,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21737130

MIBOR Broker Listing Cooperative®

APN: 06-16-25-000-035.000-012