NOT LISTED FOR SALE

8440 E County Road 725 N Brownsburg, IN 46112

Estimated Value: $428,000 - $542,000

3 Beds
3 Baths
2,043 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $230,000 $113 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,796/month

169 Days on Market

Highlights

  • 3.25 Acre Lot
  • Pole Barn
  • Thermal Windows
  • Eagle Elementary School Rated A+
  • Separate Formal Living Room
  • Woodwork

About This Home

As of June 2015

Updated 3 BR 3 BA tri-level on 3.25 acres setup for horses with great barn & pasture. Updates include newer windows, solid surface counters, stainless steel appliances, additional lighting and new fixtures, laminate flooring, carpeting, & roof in 2011. Large pole barn setup with 2 large horse stalls & heated tack room. Located just minutes from SR 267 & I74 you can enjoy the country life but still have a short commute to Indy and be close to stores and restaurants. Includes 1-year home warranty

Last Agent to Sell the Property

Dennis Derrick

Dropped Members License #RB14051344 Listed on: 12/21/2014

Dropped Members

Co-Listed By

Connie Derrick

Dropped Members License #RB14040743

Last Buyer's Agent

Shawna Brooks

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1972

Lot Details

  • 3.25

Parking

  • Garage

Home Design

  • Block Foundation
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Thermal Windows
  • Separate Formal Living Room
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pole Barn
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • 3.25 Acre Lot
  • Horse or Livestock Barn

Community Details

  • Reeds Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 320235425019000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Tri-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1972
  • Garage Y N: Yes
  • Lot Size Acres: 3.25
  • Subdivision Name: REEDS ESTATE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Updated 3 BR 3 BA tri-level on 3.25 acres setup for horses with great barn & pasture. Updates include newer windows, solid surface counters, stainless steel appliances, additional lighting and new fixtures, laminate flooring, carpeting, & roof in 2011. Large pole barn setup with 2 large horse stalls & heated tack room. Located just minutes from SR 267 & I74 you can enjoy the country life but still have a short commute to Indy and be close to stores and restaurants. Includes 1-year home warranty
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.DerrickTeam.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Painted, Windows Thermal
  • Living Area: 2043
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 9
  • Areas Interior: Living Room Formal
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2043
  • Main Level Sq Ft: 1339
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower,Tub Garden,Suite
  • Total Sq Ft: 2043
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 704
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Barn Pole, Out Building With Utilities
  • Foundation Details: Block, Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320235425019000001
  • Acres: 3-5 Acres
  • Lot Information: Not In Subdivision,Tree Mature
  • Lot Number: 16
  • Lot Size: 141570

Tax Info

  • Tax Annual Amount: 2480
  • Semi Annual Property Tax Amt: 1240
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Brownsburg Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2014
Closed on
Jun 24, 2015
Sold by
Henry Gregory L and Henry Patricia L
Bought by
Hites Sarah E and Hites Lewis
Seller's Agent
Dennis Derrick
Dropped Members
Buyer's Agent
Shawna Brooks
Keller Williams Indy Metro S
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$464,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,770
Avg. Annual Appreciation
7.07%
Original Mortgage
$218,500
Outstanding Balance
$169,896
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$294,874
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
Hites Sarah E -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hites Sarah E $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2015 06/25/15 Sold $230,000 -3.2% $113 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $237,500 -5.0% $116 / Sq Ft
12/21/2014 12/21/14 For Sale $250,000 -- $122 / 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 $4,068 $383,000 $77,300 $305,700
2023 $4,053 $350,400 $70,300 $280,100
2022 $3,314 $298,100 $66,900 $231,200
2021 $3,119 $279,000 $66,900 $212,100
2020 $3,081 $274,400 $66,900 $207,500
2019 $2,985 $265,400 $64,400 $201,000
2018 $2,712 $237,500 $64,400 $173,100
2017 $2,721 $236,300 $61,300 $175,000
2016 $2,653 $229,700 $61,300 $168,400
2014 $2,459 $216,900 $59,500 $157,400
2013 $2,481 $217,100 $59,500 $157,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21329145

MIBOR Broker Listing Cooperative®

APN: 32-02-35-425-019.000-001