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$225,000   Price Analysis
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6371 E 550 S
Elwood, IN 46036
4 bed 1 bath 1,610 SqFt ($139/SqFt)
5.89 acre lot. Built 1900
Listed 2024-04-30, Taxes $541
USDA Eligible
near Elwood, IN
 

BACK ON THE MARKET AT NO FAULT OF THE SELLERS!

* No Longer For Sale *
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Buyer financing fell through last minute. WOW! 5.89 acres in the outskirts of Tipton County! Property features many opportunities! Whether you are looking to completely renovate an existing home or build a new one of your own! Property features a 30x40 pole barn with concrete floors, LED lighting and it's wn 200 amp electric service. You will find camper hook ups on the pole barn as well.

Chicken coop, shed, apple trees, pear tree, pecan trees and acreage of serene and peaceful property waiting for you. No pesticides used in the last 20 years on the property. Buyers responsibility to verify with the county for their residential building purposes. Property is being SOLD AS-IS. Well an d septic on the property, but seller is unaware of condition of septic. Seller believes well to be in working order. Home is not currently habitable.


Presented by Summer Sherer at
RE MAX Anew Realty.
Listing Agent Photo

Property MLS #202414751 from IRMLS

Bedrooms: 4
Bedroom 1 Dimensions: 16 x 14
Bedroom 2 Dimensions: 10 x 10
Bedroom 3 Dimensions: 15 x 16
Bedroom 4 Dimensions: 15 x 16
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper

Total Rooms: 7
Living Room Level: Main
Basement Description: Cellar

Total Bathrooms: 1 / 0
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Kitchen Dimensions: 14 x 24
Kitchen Level: Main

Vinyl

Lot Description: 3-5.9999
Lot Size Acres: 5.89
Lot Size Dimensions: 5.89
Lot Size Square Feet: 256568

Elementary School: Tipton
High School: Tipton
Middle School: Tipton
School District: Tipton Community School Corp.

Tipton Elementary School is a public elementary school located approximately 8.3 miles away.
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Tipton Middle School is a public middle school located approximately 8.4 miles away.
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Tipton High School is a public high school located approximately 8.4 miles away.
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Annual Tax Amount: 2137.58
Source Listing Status: Sold
County: Tipton County
Directions: IN 28 to 600 E, Turn South on 600 E, Turn East on 550 South and proceed to property on south side of road. Use address 6371 E 550 S Elwood, IN to find via GPS.
Tax Year: 2024
Source Property Type: RESIDENTIAL
Parcel Number: 80-09-31-300-011.020-007
Township: Madison
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$73,000 + $22,800
$95,800
$541
2020$67,100 + $22,800
$89,900
$441
2019$63,200 + $22,800
$86,000
$453
2019$66,000 + $22,800
$88,800
$453
2018$69,000 + $20,900
$89,900
$422
2017$64,600 + $20,900
$85,500
$450
2016$66,200 + $20,900
$87,100
$343
2015$63,900 + $20,900
$84,800
$353
2013$64,400 + $20,900
$85,300
$330
2012$66,200 + $20,900
$87,100
$390
2011$70,000 + $20,900
$90,900
$342
2010$70,000 + $20,900
$90,900
$395
2008$70,400 + $20,900
$91,300
$1,333

Listing removed 2024-06-12
$225,000
MIBOR
Sold 2024-06-12
$182,500
IRMLS
Listed 2024-04-30
$225,000
MIBOR
Listed 2024-04-30
$225,000
IRMLS

Total Square Feet Living: 1610
Year Built: 1900
Above Grade Finished Area: 1610
Below Grade Unfinished Area: 100
Other Buildings: Outbuilding 1 Length: 30, Outbuilding 1 Width: 40, Outbuilding 1: Pole/Post Building
Property Age: 124
Levels or Stories: 1.5
House Style: One and Half Story
Total Area Sqft: 1710
Total Below Grade Area: 100
Architectural Style: Traditional

Sewer: Septic
Water Source: Well
Water Well: Private

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.