NOT LISTED FOR SALE

8050 N Michigan Rd Fountaintown, IN 46130

Estimated Value: $187,064 - $229,000

2 Beds
1 Bath
1,341 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $126,000 $94 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,222/month

340 Days on Market

About This Home

As of November 2021

Opportunity knocks! This home is waiting for your vision. This home has great potential and ready for you to come and add your special touches. With one acre and 2 car garage you'll have plenty of room for all your needs.

Last Agent to Sell the Property

Kristen Olsen

The Infinity Grp Realtors, LLC License #RB15000501 Listed on: 09/18/2020

Last Buyer's Agent

Lawton Link

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $670

Year Built

  • 1963

Lot Details

  • 1

Parking

  • Attached Garage

Interior Spaces

  • Combination Kitchen and Dining Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$670

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Ranch
  • Directions: NORTH ON I-74 TO LONDON EXIT TURN RIGHT TO CO RD 421 - LOT ON LEFT APPROX. 1/2 MILE.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1341
  • Main Level Sq Ft: 1341
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Smoke Detector, Water-Softener Owned

Exterior Features

  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Construction Type: Aluminum Siding, Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 525
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Solid Waste: 0
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 1-3 Acres
  • Lot Number: 19
  • Lot Size: 43,560

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 335
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 670
  • Tax Year: 2019

MLS Schools

  • School District: Northwestern Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 23, 2021
Sold by
Revor Charles S
Bought by
Obermeyer Daniel
Seller's Agent
Kristen Olsen
The Infinity Grp Realtors, LLC
Buyer's Agent
Lawton Link
Keller Williams Indy Metro S
Sold Price
$126,000
Current Estimated Value
$203,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,516
Avg. Annual Appreciation
17.49%
Original Mortgage
$137,886
Outstanding Balance
$128,083
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$96,662

Purchase Details

Closed on
May 6, 2005
Sold by
Mcqueary Linda L
Bought by
Brown Troy R
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
Obermeyer Daniel $183,388 Drake Andrew R
Brown Troy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obermeyer Daniel $137,886
Previous Owner Revor Charles S $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2021 11/26/21 Sold $126,000 0.0% $94 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/18/2021 08/18/21 For Sale -- -- --
08/15/2021 08/15/21 Off Market $126,000 -- --
03/16/2021 03/16/21 For Sale $125,000 -0.8% $93 / Sq Ft
03/15/2021 03/15/21 Off Market $126,000 -- --
03/08/2021 03/08/21 For Sale $125,000 0.0% $93 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $125,000 0.0% $93 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/06/2020 12/06/20 Price Changed $125,000 -9.4% $93 / Sq Ft
09/30/2020 09/30/20 Price Changed $137,900 -8.1% $103 / Sq Ft
09/18/2020 09/18/20 For Sale $150,000 -- $112 / 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 $1,119 $185,000 $25,400 $159,600
2023 $1,113 $183,500 $25,400 $158,100
2022 $1,053 $161,900 $22,500 $139,400
2021 $761 $133,600 $22,500 $111,100
2020 $714 $129,100 $22,500 $106,600
2019 $671 $122,800 $22,200 $100,600
2018 $585 $114,600 $22,200 $92,400
2017 $535 $109,600 $22,200 $87,400
2016 $449 $104,100 $21,100 $83,000
2014 $404 $101,900 $21,100 $80,800
2013 $404 $108,700 $21,100 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21739213

MIBOR Broker Listing Cooperative®

APN: 73-02-19-400-014.000-013