NOT LISTED FOR SALE

8805 W State Road 1 Farmland, IN 47340

Estimated Value: $93,000 - $180,648

3 Beds
2 Baths
1,676 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 16, 2015

Last sale price $39,900 $24 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $802/month

34 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Level Lot
  • Porch

About This Home

As of September 2015

This is your opportunity to put your remodeling talents to work and gain equity in a small farm. The garage and outbuildings are in average to good condition and ready for use. The house currently is not being used and will need roof repair. The price is right for a nice country location with lots of potential.

Last Agent to Sell the Property

Marilyn Huddleston

Berkshire Hathaway Indiana Realty Listed on: 07/21/2015

Berkshire Hathaway Indiana Realty

Last Buyer's Agent

Marilyn Huddleston

Berkshire Hathaway Indiana Realty Listed on: 07/21/2015

Berkshire Hathaway Indiana Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1861

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Porch
  • Livestock Fence

Listing and Financial Details

  • Assessor Parcel Number 68-07-01-200-002.000-007

Home Details

Home Type

Single Family

Year Built

Built in 1861

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1861
  • Age: 154
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT LOt#2-NW1-20-12-2
  • Parcel Number ID: 68-07-01-200-002.000-007
  • Platted: Yes
  • Amenities: Deck Open, Porch Open
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1676
  • Total Finished Sq Ft: 1676
  • Above Grade Finished Sq Ft: 1676
  • Living Great Room: Dimensions: 21x15, On Level: Main
  • Kitchen: Dimensions: 18x11, On Level: Main
  • Dining Room: Dimensions: 19x14, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Main
  • Bedroom 3: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Outbuilding1: Barn, Dimensions: 34x54
  • Fence: Farm

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: 15xMain, On Level: 11
  • Well Type: Private

Schools

  • School District: Monroe Central School Corp.
  • Elementary School: Monroe Central
  • Middle School: Monroe Central
  • High School: Monroe Central

Lot Info

  • Lot Description: Irregular, Level
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1494.8
  • Total Assessed Value: 96300
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Bailey Sam and Bailey Erin
Bought by
Andrews David J
Current Estimated Value
$149,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Outstanding Balance
$51,840
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$98,072

Purchase Details

Listed on
Jun 11, 2014
Closed on
Dec 24, 2014
Sold by
Fannie Mae
Bought by
Bailey Sam and Bailey Erin
Seller's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
Buyer's Agent
Kerry Wiggerly
Berkshire Hathaway Indiana Realty
List Price
$61,000
Sold Price
$28,000
Premium/Discount to List
-$33,000
-54.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Jun 10, 2014
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2014
Sold by
Dobbeck Kenneth and Onewest Bank Fsb
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Dec 18, 2006
Sold by
Household Finance Corp Iii
Bought by
Dobbeck Kenneth and Dobbeck Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Winningham Danny C and Winningham Tamara R
Bought by
Household Finance Corp Iii
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
Andrews David J -- None Listed On Document
Bailey Sam -- None Available
Federal National Mortgage Association -- None Available
Ocwen Loan Servicing Llc $71,903 None Available
Dobbeck Kenneth -- None Available
Household Finance Corp Iii $62,928 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews David J $56,000
Previous Owner Dobbeck Kenneth $55,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2015 09/16/15 Sold $39,900 -4.8% $24 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $41,900 +49.6% $25 / Sq Ft
12/26/2014 12/26/14 Sold $28,000 -54.1% $17 / Sq Ft View Prior Sale
12/02/2014 12/02/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $61,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

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 $100 $111,800 $19,300 $92,500
2023 $130 $117,600 $19,300 $98,300
2022 $517 $114,700 $19,300 $95,400
2021 $435 $107,900 $27,500 $80,400
2020 $529 $114,100 $27,500 $86,600
2019 $380 $106,400 $25,000 $81,400
2018 $321 $101,400 $22,800 $78,600
2017 $214 $94,200 $19,700 $74,500
2016 $201 $92,300 $18,800 $73,500
2014 $1,495 $96,300 $18,800 $77,500
2013 $1,495 $93,600 $18,800 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Huddleston

    Seller's Agent in 2015

    Marilyn Huddleston

    Berkshire Hathaway Indiana Realty

    (765) 744-5388

    64 Total Sales

    Marilyn Huddleston
    Section Image
  • Kerry Wiggerly

    Seller's Agent in 2014

    Kerry Wiggerly

    Berkshire Hathaway Indiana Realty

    (765) 744-2998

    90 Total Sales

    Kerry Wiggerly
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201535226

Indiana Regional MLS

APN: 68-07-01-200-002.000-007

Indiana Randolph County Farmland 47340

8805 W State Road 1, Farmland, IN

This home is located at 8805 W State Road 1, Farmland, IN 47340 since 21 July 2015 and is currently estimated at $149,912, approximately $89 per square foot. This property was built in 1861. 8805 W State Road 1 is a home located in Randolph County with nearby schools including Monroe Central Elementary School and Monroe Central Jr-Sr 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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