NOT LISTED FOR SALE

8531 N 700 W Fairland, IN 46126

Estimated Value: $277,073 - $306,000

2 Beds
1 Bath
1,916 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $180,000 $94 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,686/month

374 Days on Market

Highlights

  • Mature Trees
  • Horse or Livestock Barn
  • Forced Air Heating and Cooling System
  • Bungalow
  • 1-Story Property
  • Garage

About This Home

As of October 2016

PRICE REDUCED! Love Horses? Fantastic Opportunity! Property Includes Cottage Style 2 Bedroom, 1 Bath, Full Basement Home W/Fireplace, 2 Car Detached Garage. 31 Stall, 9000 SF Horse Barn W/Office, 1/2 Bath, 2BR, 1BA, 720 SF Efficiency Apartment on upper level. 5.33 Acres. Prime location! Formally Operated as Sugar Creek Stables. Home currently rented month to month lease. Adequate Stalls for Thoroughbreds. Immediate Interstate Access minutes from I-465 & Hoosier Downs. Needs TLC, Sold "As Is"

Last Agent to Sell the Property

Don Whitesell

Carpenter, REALTORS® License #RB14028853 Listed on: 09/24/2015

Last Buyer's Agent

Tracey Brown

Carpenter, REALTORS® License #RB14043831

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1938

Lot Details

  • 5.33 Acre Lot
  • Mature Trees

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Basement Lookout

Parking

  • Garage
  • Gravel Driveway

Farming

  • Horse or Livestock Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 730124400004000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1938
  • Garage Y N: Yes
  • Lot Size Acres: 5.33
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: PRICE REDUCED! Love Horses? Fantastic Opportunity! Property Includes Cottage Style 2 Bedroom, 1 Bath, Full Basement Home W/Fireplace, 2 Car Detached Garage. 31 Stall, 9000 SF Horse Barn W/Office, 1/2 Bath, 2BR, 1BA, 720 SF Efficiency Apartment on upper level. 5.33 Acres. Prime location! Formally Operated as Sugar Creek Stables. Home currently rented month to month lease. Adequate Stalls for Thoroughbreds. Immediate Interstate Access minutes from I-465 & Hoosier Downs. Needs TLC, Sold "As Is"
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Daylight/Lookout Windows
  • Appliances: Disposal, Electric Oven, Range Hood, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1916
  • Other Equipment: Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Formal Dining Room,Kitchen Galley
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 958
  • Main Level Sq Ft: 958
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1916
  • Below Grade Sq Ft: 958
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse, Driveway Gravel
  • Foundation Details: Block
  • List Price: 190000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Municipal Water Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730124400004000013
  • Acres: 5-10 Acres
  • Lot Information: Tree Mature
  • Lot Number: 1
  • Lot Size: 232,175

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1492
  • Semi Annual Property Tax Amt: 746
  • Tax Exemption: None

MLS Schools

  • School District: Northwestern Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Oct 25, 2016
Sold by
Sugar Creek Stables Inc
Bought by
Comminos George and Comminos Linda
Seller's Agent
Don Whitesell
Carpenter, REALTORS®
Buyer's Agent
Tracey Brown
Carpenter, REALTORS®
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%
Current Estimated Value
$293,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,358
Avg. Annual Appreciation
7.29%
Source: Public Records

Range of Values:

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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
Comminos George -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $180,000 -5.3% $94 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/20/2016 09/20/16 Price Changed $190,000 -2.6% $99 / Sq Ft
08/22/2016 08/22/16 Price Changed $195,000 -11.4% $102 / Sq Ft
04/18/2016 04/18/16 Price Changed $220,000 0.0% $115 / Sq Ft
04/18/2016 04/18/16 For Sale $220,000 +22.2% $115 / Sq Ft
04/16/2016 04/16/16 Off Market $180,000 -- --
01/07/2016 01/07/16 Price Changed $299,900 -9.1% $157 / Sq Ft
09/24/2015 09/24/15 For Sale $330,000 -- $172 / 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 $1,203 $191,300 $32,100 $159,200
2023 $1,576 $197,400 $31,000 $166,400
2022 $1,428 $173,600 $26,900 $146,700
2021 $1,051 $139,200 $26,300 $112,900
2020 $1,047 $139,800 $26,300 $113,500
2019 $1,487 $133,900 $26,900 $107,000
2018 $891 $125,400 $27,000 $98,400
2017 $801 $120,800 $27,700 $93,100
2016 $863 $126,700 $27,000 $99,700
2014 $1,492 $125,400 $27,200 $98,200
2013 $1,492 $125,700 $26,400 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21378435

MIBOR Broker Listing Cooperative®

APN: 73-01-24-400-004.000-013