NOT LISTED FOR SALE

8637 W State Road 42 Monrovia, IN 46157

Estimated Value: $237,000 - $269,473

2 Beds
2.5 Baths
1,050 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $153,000 $146 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,476/month

4 Days on Market

Highlights

  • Mature Trees
  • Vaulted Ceiling
  • Pole Barn
  • Wood Burning Stove
  • Traditional Architecture
  • Covered patio or porch

About This Home

As of March 2020

Two bedroom 2.5 Bath home with a large barn on 1 acre.

Last Listed By

Josh Latham

RE/MAX Advanced Realty License #RB15001222 Listed on: 02/21/2020

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1860

Lot Details

  • 1 Acre Lot
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Free Standing Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Electric Oven
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms

Attic

  • Attic Fan
  • Attic Access Panel

Outdoor Features

  • Covered patio or porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 550312325003000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1860

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1860
  • Garage Y N: Yes
  • Lot Size Acres: 1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Two bedroom 2.5 Bath home with a large barn on 1 acre.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s)
  • Living Area: 1050
  • Other Equipment: Not Applicable
  • Room Count: 4
  • Areas Interior: Laundry in Garage
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1050
  • Main Level Sq Ft: 1050
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1050
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole
  • Foundation Details: Crawl Space
  • List Price: 155000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Finished Garage

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air, Attic Fan, Ceiling Fan(s)
  • Heating: Forced Air, Heat Pump, Wood Stove
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550312325003000001
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 0
  • Lot Size: 43,560

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 582
  • Semi Annual Property Tax Amt: 291
  • Tax Exemption: None

MLS Schools

  • School District: Eminence Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 20, 2020
Sold by
Downing Mark E
Bought by
Warren Cameron Robert
Seller's Agent
Josh Latham
RE/MAX Advanced Realty
Buyer's Agent
Josh Latham
RE/MAX Advanced Realty
List Price
$155,000
Sold Price
$153,000
Premium/Discount to List
-$2,000
-1.29%
Total Days on Market
4
Current Estimated Value
$250,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,118
Avg. Annual Appreciation
10.01%
Original Mortgage
$150,228
Outstanding Balance
$134,912
Interest Rate
3.57%
Mortgage Type
FHA
Estimated Equity
$115,206

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 6, 2017
Sold by
Double H Property Management Xi Llc
Bought by
Downing Mark E
Seller's Agent
Erica Duncan
Carpenter, REALTORS®
Buyer's Agent
Chris Price
Keller Williams Indy Metro W
List Price
$129,999
Sold Price
$126,500
Premium/Discount to List
-$3,499
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$127,777
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Bank Of America Na
Bought by
Double H Property Management Xi Llc

Purchase Details

Closed on
Apr 27, 2013
Sold by
Pierce Michael
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 16, 2005
Sold by
Meadows Michael W
Bought by
Pierce Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.93%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Warren Cameron Robert -- Fidelity National Title
Downing Mark E -- Security Title Services
Double H Property Management Xi Llc -- None Available
Bank Of America N A $34,200 None Available
Pierce Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warren Cameron Robert $150,228
Previous Owner Downing Mark E $127,777
Previous Owner Pierce Michael $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $153,000 -1.3% $146 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $155,000 +22.5% $148 / Sq Ft
01/06/2017 01/06/17 Sold $126,500 0.0% $120 / Sq Ft
11/16/2016 11/16/16 Off Market $126,500 -- --
11/07/2016 11/07/16 For Sale $129,999 -- $124 / 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 $1,072 $201,100 $48,200 $152,900
2023 $1,010 $198,100 $48,200 $149,900
2022 $984 $184,100 $48,200 $135,900
2021 $737 $140,100 $27,000 $113,100
2020 $631 $127,000 $24,700 $102,300
2019 $564 $113,400 $18,500 $94,900
2018 $498 $105,800 $18,500 $87,300
2017 $344 $83,600 $18,500 $65,100
2016 $823 $61,900 $18,500 $43,400
2014 $533 $60,900 $18,500 $42,400
2013 $533 $96,200 $18,500 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696872

MIBOR Broker Listing Cooperative®

APN: 55-03-12-325-003.000-001