NOT LISTED FOR SALE

8637 W State Road 42 Monrovia, IN 46157

Estimated Value: $254,000 - $298,000

2 Beds
2.5 Baths
1,050 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 20, 2020

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

Est. 79% increase in value since last sale

Current estimated payment $1,584/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 Agent to Sell the Property

Josh Latham

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

RE/MAX Advanced Realty

Last Buyer's Agent

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%
Current Estimated Value
$274,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,389
Avg. Annual Appreciation
9.47%
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
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
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

  • Josh Latham

    Seller's Agent in 2020

    Josh Latham

    RE/MAX Advanced Realty

    (317) 989-7465

    128 Total Sales

    Josh Latham
    Section Image
  • Erica Duncan

    Seller's Agent in 2017

    Erica Duncan

    Carpenter, REALTORS®

    (317) 445-5796

    111 Total Sales

    Erica Duncan
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Amanda Benge

    Carpenter, REALTORS®

    (317) 478-4404

    62 Total Sales

    Amanda Benge
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Price

    Keller Williams Indy Metro W

    Section Image
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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

Indiana Morgan County Monrovia 46157

8637 W State Road 42, Monrovia, IN

This home is located at 8637 W State Road 42, Monrovia, IN 46157 since 21 February 2020 and is currently estimated at $274,389, approximately $261 per square foot. This property was built in 1860. 8637 W State Road 42 is a home located in Morgan County with nearby schools including Eminence Elementary School and Eminence 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.

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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