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    3575 1st Street

    Petroleum, IN 46778
    • $60,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 202041846
    UPDATED: 76 min ago
    $60,000
    • 2
      BEDS
    • 0.34
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,975
      SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This home in Petroleum in Southern Wells County has 1,975 square feet, 2 bedrooms plus a loft, 2 full baths, a metal roof, new vinyl replacement windows installed in 2018, vinyl siding, a 28' by 28' 2-car garage with a workbench, a large fenced yard, and both a patio and a deck! You'll appreciate the room sizes of most of the rooms in the home. The master bedroom is on the main level and has its own bath. The other full bath, as well as the separate laundry room, are also on the first story. The kitchen has lots of cabinets. The microwave stays. The current owner mainly just lives on the main level, and has the vents currently closed up to the upstairs. There is no known duct work in the home. For a possible new owner, they might want to use the upper level too, which has another large bedroom as well as a loft. The home was previously marketed as a 3 bedroom home, as many with lofts are, but the home is taxed as a 2 bedroom. Many people do use these loft type rooms as a 3rd bedroom, but we don't want to exaggerate with the marketing of this home, pretending that it is something that it's not. The owner shared that the home was rewired when she purchased it. Wells County offers some of the lowest priced taxes in the region, with this home being no exception. 2019 taxes due this year are only $222.80. This home is priced to sell below the March 2019 assessed value of $84,200. The upstairs isn't as updated as the main level, which is reflected in the asking price of the home. New carpet and some drywall up there could make it look much better. The seller isn't certain that the home would pass for USDA, FHA, or VA financing. There might be some other programs available for people with relatively lower credit scores and/or who don't have any or enough down payment funds for many conventional loans. Ask your Realtor to inquire with the seller's Realtor with some ideas on this, if needed. The well is submersible, and is located behind the house. The septic system is somewhere outside the kitchen window. Tax records show that there is both a crawlspace as well as a slab, but the seller does not know of any crawl space entry. The propane tank is rented. This is a good value for the price: a nice sized home, a large garage, and a large fenced yard.

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    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2020-11-25T15:28:05.017.

    www.teamtamara.com/homes/111055883
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    3575 1st Street Petroleum, IN 46778

    • Price: $60,000
    • Status: Active
    • Updated: 76 min ago
    • MLS #: 202041846
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.34
    Acres
    1,975
    SQFT
    $30
    $/SQFT
    1900
    Built
    Neighborhood:
    Hoppes
    County:
    Wells
    Area:
    Wells
    Elementary School:
    Southern Wells
    Middle School:
    Southern Wells
    High School:
    Southern Wells
    School District:
    Southern Wells Community
    Property Description
    This home in Petroleum in Southern Wells County has 1,975 square feet, 2 bedrooms plus a loft, 2 full baths, a metal roof, new vinyl replacement windows installed in 2018, vinyl siding, a 28' by 28' 2-car garage with a workbench, a large fenced yard, and both a patio and a deck! You'll appreciate the room sizes of most of the rooms in the home. The master bedroom is on the main level and has its own bath. The other full bath, as well as the separate laundry room, are also on the first story. The kitchen has lots of cabinets. The microwave stays. The current owner mainly just lives on the main level, and has the vents currently closed up to the upstairs. There is no known duct work in the home. For a possible new owner, they might want to use the upper level too, which has another large bedroom as well as a loft. The home was previously marketed as a 3 bedroom home, as many with lofts are, but the home is taxed as a 2 bedroom. Many people do use these loft type rooms as a 3rd bedroom, but we don't want to exaggerate with the marketing of this home, pretending that it is something that it's not. The owner shared that the home was rewired when she purchased it. Wells County offers some of the lowest priced taxes in the region, with this home being no exception. 2019 taxes due this year are only $222.80. This home is priced to sell below the March 2019 assessed value of $84,200. The upstairs isn't as updated as the main level, which is reflected in the asking price of the home. New carpet and some drywall up there could make it look much better. The seller isn't certain that the home would pass for USDA, FHA, or VA financing. There might be some other programs available for people with relatively lower credit scores and/or who don't have any or enough down payment funds for many conventional loans. Ask your Realtor to inquire with the seller's Realtor with some ideas on this, if needed. The well is submersible, and is located behind the house. The septic system is somewhere outside the kitchen window. Tax records show that there is both a crawlspace as well as a slab, but the seller does not know of any crawl space entry. The propane tank is rented. This is a good value for the price: a nice sized home, a large garage, and a large fenced yard.
    Exterior Features

    Exterior Vinyl Fence Chain Link Garage Sq Ft 784 Garage Type Detached Garage YN Yes Location City/Town/Suburb Lot Description Level Lot Dimensions 100' By 150' Off Street Parking YN Yes Outbuilding1 None Pool YN No Roof Material Metal Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 2 Above Grade Finished Sq Ft 1975 Above Grade Unfin Sq Ft 0 Amenities 1st Bdrm En SuiteDeck OpenEat-In KitchenPatio OpenRange/Oven Hook Up ElecMain Level Bedroom SuiteMain Floor LaundryWasher Hook-Up Basement Foundation CrawlSlab Basement YN No Bedroom1 Level Main Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sq Ft 0 Below Grade Unfin Sq Ft 0 Cooling None Fireplace YN No Full Baths Below Grade 0 Full Baths Main 2 Full Baths Upper 0 Half Baths Below Grade 0 Half Baths Main 0 Half Baths Upper 0 Heating Fuel GasWall HeaterPropane Tank Rented Laundry Level Main Main Level Sq Ft 1489 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sq Ft 0 Total Rooms 7 Total Sq Ft 1975 Upper Level Sq Ft 486

    Property Features

    Annual Taxes 222.8 Assoc Dues Frequency Not Applicable Auction YN No For Sale Or Rent For Sale New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Reo YN No Sale Includes Microwave Sewer Septic Township Nottingham Water Utility Well Well Type Private Year Taxes Payable 2020

    Listing courtesy of Andy Zoda of Coldwell Banker Real Estate Group.
    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty.


    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2020-11-25T15:28:05.017.

     
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    6114 Constitution Drive
    Fort Wayne IN, 46804