NOT LISTED FOR SALE

8530 S State Road 227 Lynn, IN 47355

Estimated Value: $102,000

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

Last Sold February 19, 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

  • 2 Car Attached Garage
  • 1-Story Property
  • 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 & Appraisals Co Listed on: 11/15/2019

Last Buyer's Agent

TROY CRUSE

FC Tucker Richmond License #RB14047150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48

Year Built

  • Built in 1963

Lot Details

  • 4 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • $2,070 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$48

Year Built

Built in 1963

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 8530 S St Rd 227
  • Second Address Number: 8530
  • Estimated Year Built: 1963
  • Estimated Size Bedroom 1: 13x11
  • Directions: Hwy 227 North to property
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 8530 S State Road 227
  • Geo Longitude: -84.829211
  • Geo Primary City: Lynn
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: m
  • Estimated Living Room Size: 26x15
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Taxes Half: 198
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1963

Interior Features

  • Total Number Rooms: 6
  • Bedroom 1 Level: m
  • Primary Bathroom: No
  • Has Basement: No
  • Estimated Size Bedroom 2: 12x11
  • Bedroom 2 Level: m
  • Estimated Size Bedroom 3: 12x11
  • Bedroom 3 Level: m
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 20x14
  • Basement Type: Single Family

Exterior Features

  • Exterior: Vinyl
  • Foundation: Crawl, Basement
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: grave
  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Heat Type: Propane, Forced Air
  • Sewer: Septic
  • Hot Water: Well

Fee Information

  • Tax Class: RESIDENTIAL

Lot Info

  • Geo Update Timestamp: 2019-11-15
  • Estimated Number Acres: 4
  • Land Contract: No

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 & Appraisals Co
Buyer's Agent
TROY CRUSE
FC Tucker Richmond
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
7.27%
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
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
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
02/19/2020 02/19/20 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: Richmond Association of REALTORS®

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 & Appraisals Co

    (765) 994-8533

    368 Total Sales

    Paul Faddis
    Section Image

  • T

    Buyer's Agent in 2020

    TROY CRUSE

    FC Tucker Richmond

    (765) 966-8255

    50 Total Sales

    TROY CRUSE
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10037622

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

Indiana Randolph County Lynn 47355

8530 S State Road 227, Lynn, IN

This home is located at 8530 S State Road 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 S State Road 227 is a home located in Randolph County with nearby schools including Randolph Southern Elementary School and Randolph Southern Junior/Senior High School.

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