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(SOLD) $710,000

9089 W Balbec Road Pennville, IN  47369

  • 4 Beds
  • 3 Baths
  • 2,550 sq. Ft

Property Description for 9089 W Balbec Road Pennville, IN 47369

Here Is Your Chance To Own A Piece Of History! This Stunning Property Features Over 58 Acres Of Woods, 3 Ponds, Pastures, Gardens, 20+/- Acres Of Tillable Farm Ground, Outbuildings, And An 1868 Farm House That Is Ready For Your Own Ideas And Vision! The Home Has Been In The Original Family Since It Was Built. All The Wood That Built The Home And Is Inside The Home Came From The Property. The Bricks Of The Home Were Clay From The Ponds That Were Formed And Fired Into Bricks! The Home Features 4 Bedrooms 2 Full Baths, A Large Living Room, Formal Dinning, 3rd Story Attic, And Kitchen. There Was A Recent Add On Of A Large 3 Car Garage That Allowed For A Modern Bathroom, Laundry Room, And Walk In Pantry/Storage Room. There Are Multiple Barns On The Property, All With Running Water, And Some That Are Heated. The Shop Right Beside The Home Has A Half Bath And Is A Great Work From Home Office And Garage. The Newest Barn Was Built In 2004. Neighbors Have Said Its Rumored That This Home Was A Stop On The Underground Railroad As The Underground Railroad Station Is Right Around The Corner. The Owners Are Not Sure Of The Accuracy But Its Thought The Red Barn That Has A Basement Is Likely What Was Used. Make This Property Your Retreat, Or Turn It into A Bed & Breakfast, Or Event Center. The Possibilities Are Endless. The Tillable Acreage Is Currently Cash Rented Till Fall Of 2026.

Address:9089 W Balbec Road Pennville IN 47369
Status:Sold
Sold On: 9/13/2024
Price:$810,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,550
Year Built:1886
Lot Size:58.05
County: Jay County
Township: Penn
School System : Jay
MLS #:202421660
Property Type:Site-Built Home

Lot Dimensions:00x000
Directions:Take SR 1 South To Balbec Road, Turn West. Home Will Be On South Side Of Balbec Road.
Total Sq. Ft. :2,550
Garage:Attached
Basement:No

Loan Price
$4,269
Price And Interest $3,704/month
Property Tax $269/month
MTG INS $0/month
HOME INS $296/month
Price
$710,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$269/month
Home Owner Insurance
$3,552 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 13 Main
2nd Bedroom 19 x 15 Upper
3rd Bedroom 13 x 9 Upper
4th Bedroom 9 x 9 Upper
Kitchen 13 x 12 Main
Dining Room 13 x 12 Main
Living Room 19 x 13 Main

Semi-Annual Property Tax:$1,612
Tax Year:24
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47369

School System:Jay
High School:Jay County
Middle School:Jay County
Elementary School:West Jay

Total Sq. Ft.:2,550
Total Rooms:8
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 Blake Fiechter with North Eastern Group Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Pennville Market Report

53
Avg. DOM
$106.61
Avg. $ / Sq.Ft.
$ 192,400
Med. List Price

The house prices in Pennville are not dropping at the moment. There has been a increase in price of $710,000.00. 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 Pennville are going Up. The average house price is $194,900.00 and the average price per square feet is $108.28 per square feet. At the moment, the amount of homes listed is exactly 9 houses, with 2 with active status, 3 with pending status and 4 sold in Pennville .

The most popular place to buy a home in Pennville is . 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 Pennville .

The average amount of property taxes you would have to pay for a home in Pennville is $349.31. 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 Pennville are staying listed for an average of 90 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 Pennville was 83629 minutes ago.

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

The cost of the most expensive home in Pennville is $199,900.00. 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 Pennville is $189,900.00 . 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 Pennville in year 1900 and the newest built house is in year 2005.

The average size of properties in Pennville is 1890 sq.ft. , the biggest one being 2280 sq.ft. and the smaller being 1500 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.