NOT LISTED FOR SALE

8940 S 700 E Monterey, IN 46960

Estimated Value: $71,840 - $143,000

2 Beds
1 Bath
798 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $45,000 $56 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $545/month

42 Days on Market

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • Corner Lot
  • Wooded Lot
  • Pole Barn
  • Covered Patio or Porch

About This Home

As of October 2019

2 BEDROOM FIXER UPPER ON 8 ACRES WITH POLE BARN. Home is mostly solid but does need work with a leaky roof over the back porch. 26' X 40' pole barn on property. Condition of well and septic is unknown. 7 acres woods and 1 acre tillable. Very quiet and peaceful location just south of Bass Lake. Over 1100 feet of frontage on County Road 700 East.

Last Agent to Sell the Property

John Wampler

RE/MAX 1st Choice License #RB14021267 Listed on: 07/18/2019

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1952

Lot Details

  • 8 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 798 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Well
  • Septic System

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 751132303003000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$801

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Detach
  • ResoLotFeatures: Acreage, Corner Lot, Horses Allowed, Nearly Level, Paved Road, Wooded
  • ResoOtherEquipment: None
  • Co List Office Mls Id: GNR1133
  • Subdivision Name: None
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Vinyl
  • GNR_UnfinishedSquareFootage: 0
  • GNR_HeatSystem: Other
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: Yes
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: No
  • GNR_Well: Yes
  • GNR_TotalBathrooms: 1
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_MiscFeatures: Fixer Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Interior Amenities: Main Floor Bathroom, Main Floor Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Porch-Covered, Pole Barn
  • Acres: 8

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Pole Barn

Utilities

  • Cooling Y N: No
  • Heating: Propane

Schools

  • Junior High Dist: Culver

Lot Info

  • Lot Dimensions: 8 Acres
  • Lot Size Sq Ft: 348480
  • ResoLotSizeUnits: Acres
  • Parcel #: 751132303003000008
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2018
  • Tax Annual Amount: 801

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 2, 2019
Sold by
Libey George Nathan and Libey Charlene B
Bought by
Reyes Cruz Gregorio
Seller's Agent
John Wampler
RE/MAX 1st Choice
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$92,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,460
Avg. Annual Appreciation
12.66%

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 29, 2018
Sold by
Jcj Services Llc
Bought by
Libey George Nathan and Libey Charlene B
Seller's Agent
John Wampler
RE/MAX 1st Choice
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$31,900
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Reyes Cruz Gregorio $45,000 Mckesson Title Corp
Libey George Nathan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Libey George Nathan $31,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2019 10/02/19 Sold $45,000 0.0% $56 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $45,000 +12.8% $56 / Sq Ft
12/05/2018 12/05/18 Sold $39,900 0.0% $50 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $39,900 -- $50 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

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 $657 $54,200 $54,200 $0
2023 $503 $43,200 $43,200 $0
2022 $503 $39,600 $39,600 $0
2021 $440 $32,900 $32,900 $0
2020 $471 $31,400 $31,400 $0
2019 $694 $46,700 $36,600 $10,100
2018 $801 $54,400 $35,900 $18,500
2017 $676 $53,500 $35,200 $18,300
2016 $442 $35,800 $17,500 $18,300
2014 $519 $49,200 $17,300 $31,900
2013 $471 $48,200 $16,500 $31,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR459198

Northwest Indiana Association of REALTORS®

APN: 75-11-32-303-003.000-008