NOT LISTED FOR SALE

8866 W 1850 N Elwood, IN 46036

Estimated Value: $231,000 - $376,000

3 Beds
1.5 Baths
2,080 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $155,000 $75 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,628/month

85 Days on Market

Highlights

  • Primary Bedroom Suite
  • Solid Surface Countertops
  • Porch
  • Wood Flooring
  • Utility Room in Garage
  • 3 Car Attached Garage

About This Home

As of July 2020

Welcome home! This 3 bed 1.5 bath farm ranch is perfectly located in the quiet country but conveniently close to downtown Elwood. This home sits on just over 2 acres and features a large living room and family room, a newer furnace (98% efficiency), a 3 car attached garage and a 48x80’ detached pole barn! Seller is motivated and willing to negotiate. Don’t miss out!

Last Agent to Sell the Property

Josh Murdock

Murdock Real Estate Group Listed on: 03/12/2020

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1900

Lot Details

  • 2.3 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Utility Room in Garage
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Summitville Elementary School
  • Madison Grant Middle School
  • Madison Grant High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48-03-10-200-005.001-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,780

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 120
  • Style: One Story
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Administrative Plat 2019-P-022 Lot 1
  • Parcel Number ID: 48-03-10-200-005.001-009
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Built-In Bookcase, Cable Ready, Ceiling Fan(s), Countertops-Solid Surf, Detector-Smoke, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Porch Open, Main Level Bedroom Suite, Main Floor Laundry, Garage Utilities
  • Location: Rural
  • Sp Lp Percent: 93.94
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2080
  • Total Finished Sq Ft: 2080
  • Above Grade Finished Sq Ft: 2080
  • Price Per Sq Ft: 74.52
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Hardwood Floors
  • Living Great Room: Dimensions: 19x13, On Level: Main
  • Kitchen: Dimensions: 18x13, On Level: Main
  • Family Room: Dimensions: 24x13, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Basement
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 48x80

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 38x22
  • Garage Sq Ft: 836
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Indianapolis Pwr and Lt
  • Laundry: Dimensions: Mainx12, On Level: 19
  • Well Type: Private

Schools

  • School District: Madison-Grant United School Corp.
  • Elementary School: Summitville
  • Middle School: Madison Grant
  • High School: Madison Grant
  • Elementary School: Summitville

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 100188
  • Estimated Lot Size Acres: 2.3

Tax Info

  • Annual Taxes: 2780

MLS Schools

  • High School: Madison Grant
  • Middle School: Madison Grant
  • School District: Madison-Grant United School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 31, 2020
Sold by
Pierce Darrin Shawn and Pierce Victoria D
Bought by
Yates Robert
Seller's Agent
Josh Murdock
Murdock Real Estate Group
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$283,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,675
Avg. Annual Appreciation
13.49%
Original Mortgage
$156,565
Outstanding Balance
$140,674
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$154,180
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
Yates Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Robert $32,450
Open Yates Robert $156,565
Previous Owner Pierce Darrin Shawn $40,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $155,000 -6.1% $75 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $165,000 0.0% $79 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $165,000 0.0% $79 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $165,000 -- $79 / 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 $995 $146,200 $22,200 $124,000
2023 $957 $134,700 $20,900 $113,800
2022 $1,055 $134,600 $19,700 $114,900
2021 $872 $121,300 $19,500 $101,800
2020 $778 $113,500 $18,600 $94,900
Source: Public Records

Agents Affiliated with this Home

  • Josh Murdock

    Seller's Agent in 2020

    Josh Murdock

    Murdock Real Estate Group

    (561) 618-6502

    269 Total Sales

    Josh Murdock
    Section Image

  • R

    Buyer's Agent in 2020

    RACI NonMember

    NonMember RACI

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Map

Source: Indiana Regional MLS

MLS Number: 202009252

Indiana Regional MLS

APN: 48-03-10-200-005.001-009

Indiana Madison County Elwood 46036

8866 W 1850 N, Elwood, IN

This home is located at 8866 W 1850 N, Elwood, IN 46036 since 12 March 2020 and is currently estimated at $283,675, approximately $136 per square foot. This property was built in 1900. 8866 W 1850 N is a home located in Madison County with nearby schools including Madison-Grant 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.

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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