NOT LISTED FOR SALE

8489 E State Road 356 Lexington, IN 47138

Estimated Value: $180,000 - $403,507

4 Beds
2 Baths
1,568 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $180,000 $115 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,926/month

78 Days on Market

Highlights

  • Scenic Views
  • Wooded Lot
  • Hay Barn
  • 37.32 Acre Lot
  • Porch
  • Shed

About This Home

As of July 2015

This beautiful bedford stone home features 4 bedrooms and 2 baths with a full unfinished walk out basement. The property boasts 37+ acres with a 48x60 cattle barn, 48x48 hay barn, 30x52 block building with electric and concrete floors. A multitude of trees and a pond can also be found on this wonderful property. Call today to view this listing. Listing agent is related to seller.

Last Listed By

Lisa Morris

RE/MAX FIRST License #RB14039209 Listed on: 04/15/2015

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1969

Lot Details

  • 37.32 Acre Lot
  • Wooded Lot
  • Garden

Home Design

  • Frame Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Scenic Vista Views
  • Unfinished Basement
  • Walk-Out Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Farming

  • Hay Barn
  • Silo

Utilities

  • Central Air
  • Heating System Uses Wood
  • Radiant Heating System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 720634700014000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Improvements: 110600
  • Annual Tax: 1071
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Over 65, Supplemental Homestd
  • Land Assessment: 23700
  • Legal Description: SEC:34 DIST:0004 CITY/MUNI/TWP:LEXINGTON TOWNSHIP OF SWQTR 34-3-8 37.328A WATERSHED MAP
  • Lot Dimensions: 37.32 acres
  • Out Buildings: Adds, Barn(s), Hay Barn, Shed, Silo
  • Parcel Number: 720634700014000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 134300
  • Total Finished Square Footage: 1568
  • Type: 1 Story
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1568.00
  • Appliances: Range / Oven
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Lot Measurement: Acres
  • Lot Sq Ft: 1625659.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1568
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Porch

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Wood
  • Heat Type: Radiant
  • Water Type: Public Onsite

Lot Info

  • Acres: 37.3200
  • Lot Description: Garden Area, Pond, Scenic View, Wooded Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Aug 1, 2015
Sold by
Arbuckle Marvin L
Bought by
Weaver Joseph and Weaver Melody
Seller's Agent
Lisa Morris
RE/MAX FIRST
Buyer's Agent
Lisa Morris
RE/MAX FIRST
List Price
$199,999
Sold Price
$180,000
Premium/Discount to List
-$19,999
-10%
Total Days on Market
78
Current Estimated Value
$300,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,169
Avg. Annual Appreciation
5.37%
Original Mortgage
$153,000
Outstanding Balance
$121,922
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,247

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 31, 2015
Sold by
Pullen Patty K
Bought by
Arbuckle Marvin L
Seller's Agent
Lisa Morris
RE/MAX FIRST
Buyer's Agent
Lisa Morris
RE/MAX FIRST
List Price
$199,999
Sold Price
$180,000
Premium/Discount to List
-$19,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$121,922
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,247

Purchase Details

Closed on
Apr 14, 2015
Sold by
Arbuckle Marvin L
Bought by
Pullen Patty K and Arbuckle Marvin L

Purchase Details

Closed on
Apr 1, 2015
Sold by
Arbuckle Marvin L and Arbuckle Jewell
Bought by
Arbuckle Marvin

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
Weaver Joseph -- None Available
Arbuckle Marvin L -- None Available
Pullen Patty K -- None Available
Arbuckle Marvin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Joseph $50,000
Closed Weaver Joseph $30,000
Open Weaver Joseph $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $180,000 -10.0% $115 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $199,999 -- $128 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $3,044 $251,400 $31,100 $220,300
2023 $2,980 $247,800 $28,700 $219,100
2022 $1,670 $173,700 $26,000 $147,700
2021 $1,441 $150,200 $24,600 $125,600
2020 $1,431 $148,400 $24,500 $123,900
2019 $1,538 $155,700 $26,400 $129,300
2018 $1,480 $150,400 $22,700 $127,700
2017 $1,443 $150,600 $24,300 $126,300
2016 $1,261 $135,700 $25,100 $110,600
2014 $1,057 $136,300 $25,700 $110,600
2013 $1,057 $134,300 $23,700 $110,600
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 201502534

Southern Indiana REALTORS® Association

APN: 72-06-34-700-014.000-005