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Open House:  Sunday, November 17, 2024, From 1:00 PM - 3:00 PM

$235,000

501 E 2nd Street Sheridan, IN  46069

  • 4 Beds
  • 1 Baths
  • 2,960 sq. Ft

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Property Description for 501 E 2nd Street Sheridan, IN 46069

Step into this charming 4-bedroom, 1-bathroom home boasting a generous 2,960 sqft of living space, offering endless possibilities for family fun and activities! Nestled on a corner lot, this property features a detached garage transformed into a fully-functional 1-bedroom, 1-bathroom apartment-perfect for generating passive income or housing guests. Imagine hosting family gatherings in your fully fenced backyard, providing a safe and private space for outdoor enjoyment. With no HOA restrictions, you have the freedom to personalize your property to your heart's content! This unique setup not only provides ample space for your family to thrive but also creates an excellent investment opportunity for those looking to expand their portfolio. Whether you're a first-time buyer or a seasoned investor, this home could be the perfect blend of comfort and income potential. Don't let this remarkable opportunity slip away-seize the chance to make this versatile property your own!

Sunday, November 17, 2024, From 1:00 PM - 3:00 PM
QuickBuy option for home selling

Address:501 E 2nd Street Sheridan IN 46069
Status:Active
on site: 36 days
Price:$235,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,960
Year Built:1940
Lot Size:0.13
County: Hamilton
Township: Adams
MLS #:22002545
Property Type:Single Family Residence

Lot Dimensions:2460
Lot Features:Corner Lot, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,344
Upper Level Sq. Ft. :1,016
Total Sq. Ft. :2,960
Basement:Yes

Loan Price
$1,714
Price And Interest $1,226/month
Property Tax $390/month
MTG INS $0/month
HOME INS $98/month
Price
$235,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$390/month
Home Owner Insurance
$1,176 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 2 12x10 Main
Bedroom 3 13x12 Upper
Bedroom 4 12x12 Upper
Primary Bedroom 16x12 Main
Laundry 12x12 Main
Bonus Room 12x12 Upper
Breakfast Room 09x06 Main
Dining Room 13x10 Main
Great Room 23x16 Main
Kitchen 13x10 Main

Semi-Annual Property Tax:$2,339
Tax Year:2022
Mandatory HOA Fee:$

Area: 2916 - Hamilton - Adams
Subdivision: Pearson
Zip Code:46069

Total Sq. Ft.:2,960
Interior Features:Built In Book Shelves, Storms Some, Windows Wood, Wood Work Painted, Hi-Speed Internet Availbl, In-Law Arrangement
Interior Area(s):Utility Room
Eating Area(s):Breakfast Room
Appliances:Electric Cooktop, Dryer, Electric Water Heater, Disposal, Double Oven, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Sump Pump
Exterior Type:Vinyl Siding
Cool:Central Electric, Wall Unit(s)
Heat:Forced Air, Oil
Water Heater:Electric Cooktop, Dryer, Electric Water Heater, Disposal, Double Oven, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Chelsi Kitchen with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/23/2024 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.





Sheridan Market Report

63
Avg. DOM
$196.41
Avg. $ / Sq.Ft.
$ 325,000
Med. List Price

The house prices in Sheridan are indeed dropping at the moment. There has been a decrease in price of $25,681.46. 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 Sheridan are going Down. The average house price is $348,500.00 and the average price per square feet is $194.49 per square feet. At the moment, the amount of homes listed is exactly 173 houses, with 26 with active status, 26 with pending status and 121 sold in Sheridan .

The most popular place to buy a home in Sheridan is 2916 - Hamilton - Adams. 2916 - Hamilton - Adams 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 Sheridan .

The average amount of property taxes you would have to pay for a home in Sheridan is $7,845.32. 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 Sheridan are staying listed for an average of 68 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 Sheridan was 5568 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Sheridan is $1,350,000.00. 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 Sheridan is $140,000.00 . 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 Sheridan in year 1900 and the newest built house is in year 2024.

The average size of properties in Sheridan is 2430.65 sq.ft. , the biggest one being 6560 sq.ft. and the smaller being 720 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.