NOT LISTED FOR SALE

8389 Spearsville Rd Morgantown, IN 46160

Estimated Value: $224,561 - $255,000

2 Beds
1 Bath
1,312 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $12,050 $9 Per Sq Ft

Est. 1,924% increase in value since last sale

Current estimated payment $1,415/month

231 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Eat-In Kitchen
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2015

THIS NICE RANCH STYLE HOME FEATURES 2 BEDROOMS AND A FULL BATH, VAULTED CEILING IN THE LIVING ROOM, SPACIOUS FAMILY ROOM, AN EAT IN KITCHEN, AND A LAUNDRY ROOM. HOME IS ON A GREAT RURAL LOT WITH A WOOD DECK OFF THE FAMILY ROOM, AND A 2 CAR DETACHED GARAGE.

Last Agent to Sell the Property

Brenda Taylor

Realty One Group Dream License #RB14027688 Listed on: 05/04/2014

Realty One Group Dream

Co-Listed By

Stewart Duhamell

RE/MAX Advanced Realty

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86

Year Built

  • Built in 1987

Lot Details

  • 2.08 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,312 Sq Ft Home
  • Vaulted Ceiling
  • Window Screens
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot see lega
  • Assessor Parcel Number 070209300147000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$86

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1987
  • Building Area Total: 1312
  • Garage Y N: Yes
  • Lot Size Acres: 2.08
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: brenda@taylorpenrod.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: None, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s), Screens Some, Eat-in Kitchen
  • Living Area: 1312
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1312
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1312

Exterior Features

  • Construction Materials: Wood
  • List Price: 29900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: Forced Air, Propane
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.13
  • Parcel Number: 070209300147000006
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 86
  • Tax Lot: see lega
  • Semi Annual Property Tax Amt: 43
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2014
Closed on
Apr 16, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kaja Holding 2 Llc
Seller's Agent
Brenda Taylor
Realty One Group Dream
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$29,900
Sold Price
$12,050
Premium/Discount to List
-$17,850
-59.7%
Current Estimated Value
$243,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,840
Avg. Annual Appreciation
33.17%

Purchase Details

Closed on
Apr 10, 2014
Sold by
Sherif Rick D Followell -
Bought by
Hamilton Taylor

Purchase Details

Closed on
Jun 27, 2005
Sold by
Mikesell Barbara J
Bought by
Johnson Seth J and Johnson Sophia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
5.75%
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
Kaja Holding 2 Llc $12,050 Total Title Llc
Hamilton Taylor $49,000 --
Johnson Seth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Seth J $17,000
Previous Owner Johnson Seth J $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $12,050 -59.7% $9 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
12/21/2014 12/21/14 For Sale $29,900 +148.1% $23 / Sq Ft
09/25/2014 09/25/14 Off Market $12,050 -- --
09/09/2014 09/09/14 Price Changed $29,900 -33.4% $23 / Sq Ft
08/11/2014 08/11/14 Price Changed $44,900 -18.2% $34 / Sq Ft
07/01/2014 07/01/14 Price Changed $54,900 -21.5% $42 / Sq Ft
06/10/2014 06/10/14 Price Changed $69,900 -12.5% $53 / Sq Ft
05/04/2014 05/04/14 For Sale $79,900 -- $61 / 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 $1,402 $157,000 $46,000 $111,000
2023 $1,415 $143,300 $40,700 $102,600
2022 $1,331 $131,500 $30,700 $100,800
2021 $1,248 $113,400 $25,700 $87,700
2020 $1,057 $93,700 $17,700 $76,000
2019 $960 $87,100 $17,700 $69,400
2018 $1,058 $83,300 $17,700 $65,600
2017 $1,095 $86,500 $17,700 $68,800
2016 $1,041 $87,500 $17,700 $69,800
2014 $149 $87,200 $17,700 $69,500
2013 $149 $85,800 $17,700 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21289372

MIBOR Broker Listing Cooperative®

APN: 07-02-09-300-147.000-006