NOT LISTED FOR SALE

8302 S 575 W Morgantown, IN 46160

Estimated Value: $536,000 - $588,000

3 Beds
2 Baths
2,178 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $550,000 $253 Per Sq Ft

Current estimated payment $3,122/month

58 Days on Market

Highlights

  • 18.43 Acre Lot
  • Clubhouse
  • Pole Barn
  • Mature Trees
  • Traditional Architecture
  • No HOA

About This Home

As of October 2024

Have you been looking for a rural property with the perfect combination of price and privacy? Would a couple of large outbuildings be helpful for your small business or hobby? Would endless summer days spent in the great outdoors camping, hunting, or working the land be an ideal lifestyle for your family? Then this property might be the one you've been waiting for! This beautiful property has been meticulously cared for over the decades and features 3 beds, 2 full baths, nearly 2,200sf of living space, 2 car attached garage with an additional 6 garage spaces in outbuildings, and nearly 19 acres of mostly wooded land, including a roughly 3-acre (+/-) plot of "40-year-old walnut plantation"! This property has never been listed and has been held by the same family for nearly 50 years, opportunities like this only come along only once in a great while, so don't hesitate and come see this magnificent property today!

Last Agent to Sell the Property

Kelly Huff

F.C. Tucker Company Brokerage Email: kelly@kellyhuff.com License #RB14038814 Listed on: 08/09/2024

F.C. Tucker Company

Co-Listed By

Byron Wheeler

F.C. Tucker Company Brokerage Email: kelly@kellyhuff.com License #RB17002017

Last Buyer's Agent

Michelle Chandler

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1972

Lot Details

  • 18.43 Acre Lot
  • Rural Setting
  • Mature Trees
  • Wooded Lot

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Paddle Fans
  • Gas Log Fireplace
  • Bay Window
  • Family Room with Fireplace
  • Family or Dining Combination
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Laundry in Basement
  • Crawl Space
  • Basement Lookout

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Clubhouse

Listing and Financial Details

  • Tax Lot 411033023001000015
  • Assessor Parcel Number 411033023001000015
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1972
  • Building Area Total: 2178
  • Garage Y N: Yes
  • Lot Size Acres: 18.43
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: kelly@kellyhuff.com
  • Attribution Contact: kelly@kellyhuff.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Finished, Finished Ceiling, Finished Walls, Tri Level, Under
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Electric Oven, Range Hood, Refrigerator, Free-Standing Freezer, Washer, Water Softener Owned
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 621
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Paddle Fan, Hi-Speed Internet Availbl, Window Bay Bow
  • Living Area: 2178
  • Other Equipment: Smoke Alarm, Sump Pump
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 936
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Galley,Kitchen Some Updates
  • Upper Level Sq Ft: 621
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Barn Pole, Clubhouse
  • Fencing: Partial, Gate, Wrought Iron
  • Foundation Details: Crawl Space, Block
  • Patio And Porch Features: Covered Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Concrete, Garage Door Opener, Workshop in Garage
  • Garage Parking Other: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Septic System, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Access, Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 802811
  • Parcel Number: 411033023001000015
  • Acres: 10-20 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2438
  • Tax Lot: 411033023001000015
  • Semi Annual Property Tax Amt: 1219
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 28, 2024
Sold by
Wheeler Edward M
Bought by
Bourff Austin C and Andrews Elaina C
Seller's Agent
Kelly Huff
F.C. Tucker Company
Buyer's Agent
Michelle Chandler
Keller Williams Indy Metro S
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Views
61
Current Estimated Value
$551,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378
Avg. Annual Appreciation
1.10%
Original Mortgage
$522,500
Outstanding Balance
$517,269
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$39,663
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bourff Austin C -- Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourff Austin C $522,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $550,000 -4.3% $253 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $575,000 -3.4% $264 / Sq Ft
09/03/2024 09/03/24 Price Changed $595,000 -4.8% $273 / Sq Ft
08/09/2024 08/09/24 For Sale $625,000 -- $287 / 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 $2,665 $363,800 $93,100 $270,700
2024 $2,665 $300,700 $91,400 $209,300
2023 $2,437 $277,300 $79,300 $198,000
2022 $2,414 $268,800 $75,300 $193,500
2021 $2,005 $235,900 $72,100 $163,800
2020 $1,863 $232,400 $71,900 $160,500
2019 $1,796 $225,400 $76,200 $149,200
2018 $1,808 $226,000 $82,400 $143,600
2017 $1,806 $220,200 $82,400 $137,800
2016 $1,711 $219,600 $82,400 $137,200
2014 $1,659 $222,100 $83,800 $138,300
2013 $1,659 $217,300 $79,300 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21994509

MIBOR Broker Listing Cooperative®

APN: 41-10-33-023-001.000-015