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$54,000 $5,000on 10/3/2024(Pending)

5003 N London Road Fairland, IN  46126

  • 2 Beds
  • 1 Baths
  • 1,202 sq. Ft

Property Description for 5003 N London Road Fairland, IN 46126

If you've dreamed of living by the water, look no further than this fixer-upper by beautiful Sugar Creek. Once the weeds are cleared, the view will be amazing! This home is in need of a lot, but it rests on .71 AC and has so much potential, whether its for a full-time residence, or a place to get away for the weekend. This property features 2 bedrooms and 1 full bath. The galley kitchen has a laundry closet with shelves that would make a great pantry also. There is a dining room "L" between the kitchen and living room. The home is heated with a wood stove in the living room, which remains with the home. You may also enjoy the rustic back room with a large wooden bar. This room needs some TLC but could provide space for many things. The back yard is huge and there's also a large shed at the end of the driveway. This home is being sold as-is.
QuickBuy option for home selling

Address:5003 N London Road Fairland IN 46126
Status:Pending
on site: 100 days
Price:$54,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,202
Year Built:1970
Lot Size:0.71
County: Shelby
Township: Sugar Creek
MLS #:21999032
Property Type:Single Family Residence

Lot Dimensions:30928
Lot Features:Rural - Not Subdivision, Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,202
Total Sq. Ft. :1,202

Loan Price
$318
Price And Interest $282/month
Property Tax $13/month
MTG INS $0/month
HOME INS $23/month
Price
$54,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$13/month
Home Owner Insurance
$276 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/03/24 $59,000 $54,000 -8.47%

RoomSizeLevel
Living Room 15x12 Main
Dining Room 10x10 Main
Kitchen 8x12 Main
Primary Bedroom 15x11 Main
Bedroom 2 10x11 Main
Bonus Room 9x11 Main

Semi-Annual Property Tax:$077
Tax Year:2023
Other Disclosures:As Is, Defects/See Remarks, Fixer Upper, Flood Plain, Needs Updating
Mandatory HOA Fee:$

Area: 7307 - Shelby - Sugar Creek
Subdivision: No Subdivision
Zip Code:46126

High School:Triton Central High School
Middle School:Triton Central Middle School
Elementary School:Triton Central Elementary School

Total Sq. Ft.:1,202
Interior Features:Paddle Fan
Eating Area(s):Dining Combo/Living Room
Appliances:None
Exterior Features:Storage Shed
Exterior Type:Vinyl Siding, Wood
Fireplace(s):Free Standing
Cool:Window Unit(s)
Heat:Wood Stove
Water Heater:None
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Sheri Jones with Hoosier, REALTORS® from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/28/2024 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.





Fairland Market Report

84
Avg. DOM
$154.15
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price

The house prices in Fairland are indeed dropping at the moment. There has been a decrease in price of $156,933.33. 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 Fairland are going Down. The average house price is $249,900.00 and the average price per square feet is $149.06 per square feet. At the moment, the amount of homes listed is exactly 49 houses, with 11 with active status, 7 with pending status and 31 sold in Fairland .

The most popular place to buy a home in Fairland is 7301 - Shelby - Moral. 7301 - Shelby - Moral 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 Fairland .

The average amount of property taxes you would have to pay for a home in Fairland is $2,649.82. 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 Fairland are staying listed for an average of 74 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 Fairland was 3330 minutes ago.

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

The cost of the most expensive home in Fairland is $2,400,000.00. 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 Fairland is $100,000.00 . 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 Fairland in year 1920 and the newest built house is in year 2024.

The average size of properties in Fairland is 2975.45 sq.ft. , the biggest one being 10350 sq.ft. and the smaller being 960 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.