NOT LISTED FOR SALE

8321 S 575 W Morgantown, IN 46160

Estimated Value: $460,000 - $656,000

4 Beds
2.5 Baths
2,128 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $360,000 $169 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,340/month

13 Days on Market

Highlights

  • Home fronts a pond
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Great Room with Fireplace
  • Traditional Architecture

About This Home

As of August 2020

Destination Amazing!Your drive up is scenic as you past the first of two ponds and mature trees on both sides. The landscape opens up to reveal a majestic three story cedar/stone home framed by more trees and ambience of nature all around. The wrapped open porch allows you sit and enjoy nature any time of day. You have over 9+acres to hike and collect wood for the wood burning stoves on the main and lower levels.You will enjoy 4 bedrooms and 3.5 bathrooms. The kitchen is open and spacious and the large windows allow you to eat and enjoy the outdoors from every room in the home. The two story cathedral ceiling showcases two loft areas which are perfect for an office/ playroom/ Ponds are private. HVAC new 2019. Water heater 2015. Roof 2014.

Last Agent to Sell the Property

Michelle Chandler

Keller Williams Indy Metro S License #RB14035890 Listed on: 06/07/2020

Keller Williams Indy Metro S

Co-Listed By

Ann Jackson

Keller Williams Indy Metro S License #RB14038642

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1987

Lot Details

  • 9.23 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Skylights
  • Wood Burning Stove
  • Free Standing Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Shed
  • Playground

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 411033024003000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1987
  • Building Area Total: 3148
  • Co List Office Phone: 765-342-5500
  • Garage Y N: No
  • Lot Size Acres: 9.228
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: homes@michellechandler.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Walk Out
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Electric Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 918
  • Fireplace Features: Basement, Free Standing, Great Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Skylight(s), Wood Work Stained, Breakfast Bar, Paddle Fan, Entrance Foyer, Center Island
  • Living Area: 2128
  • Main Level Bedrooms: 1
  • Other Equipment: Satellite Dish Paid, Smoke Alarm
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1120
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1008
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3
  • SqFt Total: 3148

Exterior Features

  • Construction Materials: Cedar, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Playset
  • Foundation Details: Concrete Perimeter
  • List Price: 360000
  • Patio And Porch Features: Deck Main Level
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Wood, Wood Stove, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Not Subdivision, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 401972
  • Parcel Number: 411033024003000015
  • Acres: 5-10 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2132
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1066
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Aug 19, 2020
Sold by
Leeper Sheila M
Bought by
Jones Brittany E
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$409,000
Sold Price
$360,000
Premium/Discount to List
-$49,000
-11.98%
Current Estimated Value
$569,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,229
Avg. Annual Appreciation
9.32%
Original Mortgage
$337,500
Outstanding Balance
$299,386
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$269,843

Purchase Details

Listed on
Jun 7, 2020
Closed on
Jun 24, 2020
Sold by
Leeper Anthony J
Bought by
Leeper Sheila M
Seller's Agent
Michelle Chandler
Keller Williams Indy Metro S
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$409,000
Sold Price
$360,000
Premium/Discount to List
-$49,000
-11.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$299,386
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$269,843

Purchase Details

Listed on
Feb 19, 2015
Closed on
Apr 28, 2015
Sold by
Eden John and Eden Andrea
Bought by
Leeper Anthony J and Leeper Sheila M
Seller's Agent
Michael Johnson
Runnebohm Realty, LLC
Buyer's Agent
Ann Jackson
Keller Williams Indy Metro S
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$294,556
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2007
Sold by
Dunn Anthony S and Dunn Kristine G
Bought by
Eden John and Eden Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Jones Brittany E -- Security Title Services
Leeper Sheila M -- None Available
Leeper Anthony J -- None Available
Eden John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Brittany E $337,500
Previous Owner Leeper Anthony J $294,556
Previous Owner Eden John $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2020 08/19/20 Sold $360,000 0.0% $169 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $360,000 -9.8% $169 / Sq Ft
06/12/2020 06/12/20 Price Changed $399,000 -2.4% $188 / Sq Ft
06/07/2020 06/07/20 For Sale $409,000 +36.3% $192 / Sq Ft
04/28/2015 04/28/15 Sold $300,000 -6.2% $141 / Sq Ft View Prior Sale
03/11/2015 03/11/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $319,900 -- $150 / 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 $3,718 $487,000 $130,000 $357,000
2024 $3,718 $405,500 $130,000 $275,500
2023 $3,427 $383,800 $124,500 $259,300
2022 $3,307 $353,900 $120,500 $233,400
2021 $2,878 $319,000 $120,500 $198,500
2020 $2,724 $319,700 $120,500 $199,200
2019 $2,554 $304,300 $120,500 $183,800
2018 $2,428 $296,700 $120,500 $176,200
2017 $2,355 $276,500 $120,500 $156,000
2016 $2,235 $279,600 $120,500 $159,100
2014 $2,184 $278,200 $120,500 $157,700
2013 $2,184 $278,200 $120,500 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21716346

MIBOR Broker Listing Cooperative®

APN: 41-10-33-024-003.000-015