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(SOLD) $89,995

1931 N Schmidt Lane Marengo, IN  47140

  • 2 Beds
  • 1 Baths
  • 768 sq. Ft

Property Description for 1931 N Schmidt Lane Marengo, IN 47140

Experience country living at its finest with this 5.6-acre property featuring a converted garage, all electric, with 2 bedrooms, updated bathroom, and propane heat back-up. The property also has a block foundation that is already built for a walkout basement, and electric, septic, and water have been ran to the foundation. This property offers endless possibilities, it also boasts plenty of wildlife passing through.

Address:1931 N Schmidt Lane Marengo IN 47140
Status:Sold
Sold On: 9/9/2024
Price:$89,995
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:768
Year Built:2002
Lot Size:5.60
County: Crawford
Township: Liberty
MLS #:21966562
Property Type:Single Family Residence

Lot Dimensions:244067
Lot Features:Cul-De-Sac
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :768
Total Sq. Ft. :768

Loan Price
$506
Price And Interest $469/month
Property Tax $0/month
MTG INS $0/month
HOME INS $37/month
Price
$89,995
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$444 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 24x12 Main
Kitchen 10x08 Main
Primary Bedroom 12x12 Main
Bedroom 2 12x12 Main

Semi-Annual Property Tax:$000
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 1303 - Crawford - Liberty
City:Marengo
Subdivision: No Subdivision
Zip Code:47140

Total Sq. Ft.:768
Interior Features:Windows Vinyl
Eating Area(s):None
Appliances:None
Exterior Features:Storage Shed
Exterior Type:Wood
Cool:Wall Unit(s)
Heat:Electric, Forced Air
Water Heater:None
Total Rooms:4
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Listing provided courtesy of Brandon Warfield with Carpenter, REALTORS® from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/06/2024 12:00 AM. 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.





Marengo Market Report

485
Avg. DOM
$188.93
Avg. $ / Sq.Ft.
$ 349,900
Med. List Price

The house prices in Marengo are indeed dropping at the moment. There has been a decrease in price of $89,995.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Marengo are going Down. The average house price is $349,900.00 and the average price per square feet is $188.93 per square feet. At the moment, the amount of homes listed is exactly 5 houses, with 1 with active status, 1 with pending status and 3 sold in Marengo .

The most popular place to buy a home in Marengo is 1303 - Crawford - Liberty. 1303 - Crawford - Liberty is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Marengo .

The average amount of property taxes you would have to pay for a home in Marengo is $1,300.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Marengo are staying listed for an average of 195 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Marengo was 3367 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Marengo is $349,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Marengo is $349,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Marengo in year 1982 and the newest built house is in year 1982.

The average size of properties in Marengo is 1852 sq.ft. , the biggest one being 1852 sq.ft. and the smaller being 1852 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.