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5047 South County Rd 500 East

5047 South County Rd 500 East, Middletown, IN 47356
Property in Adams
Sold Feb 15, 2006
$193,500
$154,800 by Madison County Fcu
Mortgage Due Feb 28, 2026
Local assessors in Middletown, IN have categorized 5047 South County Rd 500 East as a residential type of property. The home was built in 1972 and is 52 years old. It was most recently renovated and altered in 1977. The property's lot size has been calculated to be 78,060 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5047 South County Rd 500 East has a total of 1,780 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 836 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5047 South County Rd 500 East sold most recently in Feb 8, 2006 for a total of $193,500. If you work out the math, that's approximately a cost of $108.71 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,594 in taxes each year. 5047 South County Rd 500 East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $156,100. If we break it down further, the land itself was valued at $21,000. Improvements to the property, however, were assessed at a total of $135,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1977
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 836
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 78,060
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.792
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E2 NE 1.7920ACRES STR: 11188 SECTION: PLAT: 00 IN: OUT:

Ownership

  • Current Owner : THORNBURG STEVEN J
  • Current Owner 2: THORNBURG JANA S
  • Previous Owner : HEDGE SHARON K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Madison Community School Corporation
  • Census Tract: 011400

Geography

  • Assessors Map Reference: MP O5-
  • Account Number: 01-0010-1-018
  • District: 0001
  • Section: 11
  • Parcel: 48-13-11-100-043.000-001
  • Municipality: ADAMS TOWNSHIP
  • Latitude: 40.033
  • Longitude: -85.5766

    Address

  • Full Address: 5047 S County Road 500 E
  • Address - House Number: 5047
  • Street Segment Direction: E
  • Street Direction: S
  • Address - Street Name: County Road 500
  • State: IN
  • City Name: Middletown
  • Carrier Code: R001
  • 4-Digit Zip Code: 9514
  • Zip Code: 47356

Valuation

    Tax

  • Total Area: 1,780
  • Tax Year: 2022
  • Tax Amount: $1,594
  • Tax Rate Code Area: 1:ADAMS TO

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 337,257
  • High Value: 417,452
  • Low Value: 257,062

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $204,800
  • First Open Lien Mortgage Lender: MADISON COUNTY FCU
  • First Open Lien Mortgage Recording Date: Feb 15, 2006
  • First Open Lien Mortgage Loan Amount: $154,800
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 28, 2026
  • Second Open Lien Mortgage Lender: MADISON COUNTY FCU
  • Second Open Lien Mortgage Recording Date: May 10, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 28, 2033

    Market Valuation

  • Market Total Value: $156,100
  • Market Land Value: $21,000
  • Market Improvement Value: $135,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,100
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Contract Date: Feb 08, 2006
  • Current Sale Recording Date: Feb 15, 2006
  • Current Sale Transaction ID: 1077896328
  • Current Sale Price: $193,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006003243

    Last Sale Mortgage

  • First Mortgage Lender: MADISON COUNTY FCU
  • First Mortgage Transaction Date: Feb 15, 2006
  • First Mortgage Loan Amount: $154,800
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 28, 2026

About Madison



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Frequently Asked Questions

What neighborhood is 5047 South County Rd 500 East located in?
The 5047 South County Rd 500 East is a located in the neighborhood of Adams in Madison, Middletown.
What is the average sales price for listings in 5047 South County Rd 500 East?
The average sales price for units in 5047 South County Rd 500 East is $0 currently.

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