NOT LISTED FOR SALE

8561 S 575 W Morgantown, IN 46160

Estimated Value: $424,000

3 Beds
1 Bath
4,244 Sq Ft
$100/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $277,500 $65 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,301/month

94 Days on Market

Highlights

  • 1 Fireplace
  • 1-Story Property
  • Garage
  • Horse or Livestock Barn
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of July 2017

All brick, 2,068 Sq. Ft. ranch with full unfinished basement on 10 acres of beautiful rolling terrain, pond, wooded tree line & horse barn! This property is absolutely perfect for the hobby farmer or someone looking for peace & tranquility. All of which can be enjoyed from the 800+ sq. ft. deck that is perfect for entertaining. Inside features 3 large bedrooms, formal LR, separate den/library, eat-in kitchen, central vac & fireplace. Updates include a newer heat pump, water heater and roof.

Last Agent to Sell the Property

Mike Watkins

Mike Watkins Real Estate Group License #RB14006793 Listed on: 02/09/2017

Co-Listed By

Pat Watkins

Mike Watkins Real Estate Group License #RB14036818

Last Buyer's Agent

Michael Stockhaus

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1968

Lot Details

  • 8.67

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,244 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • 8.67 Acre Lot
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 411033031016000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1968
  • Co List Office Phone: 317-882-6453
  • Garage Y N: Yes
  • Lot Size Acres: 8.67
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: All brick, 2,068 Sq. Ft. ranch with full unfinished basement on 10 acres of beautiful rolling terrain, pond, wooded tree line & horse barn! This property is absolutely perfect for the hobby farmer or someone looking for peace & tranquility. All of which can be enjoyed from the 800+ sq. ft. deck that is perfect for entertaining. Inside features 3 large bedrooms, formal LR, separate den/library, eat-in kitchen, central vac & fireplace. Updates include a newer heat pump, water heater and roof.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s),Screens Complete,Storms Complete,Wood Work Stained
  • Living Area: 4244
  • Other Equipment: Central Vacuum,Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2068
  • Main Level Sq Ft: 2068
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Deck,Main Level,Closet Walk in
  • Total Sq Ft: 4244
  • Below Grade Sq Ft: 2176
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse
  • Foundation Details: Block
  • List Price: 284900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Built In
  • Garage Parking Other: Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411033031016000015
  • Acres: 5-10 Acres
  • Lot Information: Pond,Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 8.67

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1550
  • Semi Annual Property Tax Amt: 775
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Nineveh-Hensley-Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jul 17, 2017
Sold by
Nelson Margaret L
Bought by
Stout Joseph L and Stout Melissa A
Seller's Agent
Mike Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Michael Stockhaus
Carpenter, REALTORS®
List Price
$289,900
Sold Price
$277,500
Premium/Discount to List
-$12,400
-4.28%
Current Estimated Value
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,500
Original Mortgage
$263,625
Outstanding Balance
$219,148
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Stout Joseph L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Joseph L $263,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $277,500 -2.6% $65 / Sq Ft
03/13/2017 03/13/17 Price Changed $284,900 -1.7% $67 / Sq Ft
02/09/2017 02/09/17 For Sale $289,900 -- $68 / 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
2025 $539 $37,700 $37,700 $0
2024 $539 $37,700 $37,700 $0
2023 $542 $37,700 $37,700 $0
2022 $542 $37,700 $37,700 $0
2021 $523 $37,700 $37,700 $0
2020 $494 $37,700 $37,700 $0
2019 $486 $37,700 $37,700 $0
2018 $1,500 $37,700 $37,700 $0
2017 $740 $56,500 $53,900 $2,600
2016 $694 $56,500 $53,900 $2,600
2014 $665 $56,400 $53,900 $2,500
2013 $665 $56,400 $53,900 $2,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Watkins

    Mike Watkins Real Estate Group

  • Pat Watkins

    Seller Co-Listing Agent in 2017

    Pat Watkins

    Mike Watkins Real Estate Group

    (317) 698-9566

    609 Total Sales

    Pat Watkins
    Section Image

  • M

    Buyer's Agent in 2017

    Michael Stockhaus

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21464360

MIBOR Broker Listing Cooperative®

APN: 41-10-33-031-018.005-015

Indiana Johnson County Morgantown 46160

8561 S 575 W, Morgantown, IN

This home is located at 8561 S 575 W, Morgantown, IN 46160 since 09 February 2017 and is currently priced at $424,000, approximately $99 per square foot. This property was built in 1968. 8561 S 575 W is a home located in Johnson County with nearby schools including Indian Creek Elementary School, Indian Creek Intermediate School, and Indian Creek Middle 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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