NOT LISTED FOR SALE

8530 Indiana 227 Lynn, IN 47355

Estimated Value: $102,000

3 Beds
1 Bath
1,556 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $69,000 $44 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $548/month

63 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Great fixer upper opportunity!! This 3 bedroom ranch home has beautiful hardwood floors, open dining/kitchen area, and a large 20 x 25 attached garage, all sitting on 4 acres!! The home does need some TLC, but is priced accordingly at only $79,900.

Last Agent to Sell the Property

Paul Faddis

Tarter Realty Auction and Appraisal Company Listed on: 11/15/2019

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 1963

Lot Details

  • 4 Acre Lot
  • Rural Setting
  • Property is zoned A-I Agricultural, Intensive

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,556 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction
  • Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Randolph Southern Elementary And Middle School
  • Randolph Southern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 68-20-23-400-007.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$396

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1963
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE SE 23-16-1 4 A
  • Parcel Number ID: 68-20-23-400-007.000-005
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Dryer Hook Up Electric, Range/Oven Hk Up Gas/Elec
  • Location: Rural
  • Sp Lp Percent: 86.36
  • County Zoning: A-I Agricultural, Intensive
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1556
  • Total Finished Sq Ft: 1556
  • Above Grade Finished Sq Ft: 1556
  • Price Per Sq Ft: 44.34
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Fireplace: Wood Burning Stove
  • Flooring: Carpet, Hardwood Floors
  • Living Great Room: Dimensions: 26x15, On Level: Main
  • Kitchen: Dimensions: 20x14, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x20
  • Garage Sq Ft: 500
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx12, On Level: 20
  • Well Type: Unknown

Schools

  • School District: Randolph Southern School Corp.
  • Elementary School: Randolph Southern
  • Middle School: Randolph Southern
  • High School: Randolph Southern
  • Elementary School: Randolph Southern

Lot Info

  • Lot Description: 3-5.9999
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 395.96

MLS Schools

  • High School: Randolph Southern
  • Middle School: Randolph Southern
  • School District: Randolph Southern School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Wise Kevin L and Wise Joice E
Bought by
Osborn Geraldine H
Current Estimated Value
$102,000

Purchase Details

Closed on
Mar 28, 2022
Sold by
Sheets Coty
Bought by
Wise Kevin and Wise Joice

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 18, 2020
Sold by
Moody Larry
Bought by
Sheets Coty
Seller's Agent
Paul Faddis
Tarter Realty Auction and Appraisal Company
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$79,900
Sold Price
$69,000
Premium/Discount to List
-$10,900
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$66,930
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Secretary Of Veterans Affairs
Bought by
Moody Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,775
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 1, 2007
Sold by
Palmer Franklin E
Bought by
Wells Fargo Bank N A
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
Osborn Geraldine H -- None Listed On Document
Wise Kevin -- Myers Suzan Dillon
Sheets Coty $69,000 Empire Title
Moody Larry -- None Available
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank N A $81,521 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheets Coty $66,930
Previous Owner Moody Larry $77,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $69,000 -13.6% $44 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $79,900 -- $51 / Sq Ft
Source: Indiana Regional MLS

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 $48 $3,900 $3,900 $0
2023 $259 $20,200 $20,200 $0
2022 $261 $25,000 $20,200 $4,800
2021 $308 $34,400 $25,300 $9,100
2020 $512 $89,300 $21,900 $67,400
2019 $417 $83,500 $19,800 $63,700
2018 $396 $78,700 $18,800 $59,900
2017 $398 $83,200 $20,900 $62,300
2016 $392 $83,200 $20,900 $62,300
2014 $332 $78,700 $19,700 $59,000
2013 $332 $81,200 $19,700 $61,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Faddis

    Seller's Agent in 2020

    Paul Faddis

    Tarter Realty Auction and Appraisal Company

    (765) 994-8533

    368 Total Sales

    Paul Faddis
    Section Image
  • Diana Martin

    Buyer's Agent in 2020

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3,804 Total Sales

    Diana Martin
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201949920

Indiana Regional MLS

APN: 68-20-23-400-007.000-005

Indiana Randolph County Lynn 47355

8530 Indiana 227, Lynn, IN

This home is located at 8530 Indiana 227, Lynn, IN 47355 since 15 November 2019 and is currently estimated at $102,000, approximately $65 per square foot. This property was built in 1963. 8530 Indiana 227 is a home located in Randolph County with nearby schools including Randolph Southern Elementary School and Randolph Southern Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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