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501 E 2nd St, Sheridan, IN, 46069

$235,000

Home List Price

$2,791*

Closing Credit

4 Bedrooms
1 Full Bath
2,960 SqFt
$79/SqFt
House

Location

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501 E 2nd St, Sheridan$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1940
HeatingForced Air, Oil
CoolingCentral Air, Wall Unit(s)
BasementYes
MLS #22002545
Lot Size0.13 Acres
StatusActive

About 501 E 2nd St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1940
  • Living Area: 2,960 SqFt

Listing Office:

  • Office Name: Highgarden Real Estate
  • Office Email: ckitchen@highgarden.com
  • Listing Agent: Chelsi Kitchen

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Dryer, Electric Water Heater, Disposal, Double Oven, Electric Oven, Refrigerator, Washer, Water Heater
  • Basement: Yes
  • Interior: Built In Book Shelves, Storms Some, Windows Wood, Wood Work Painted, Hi-Speed Internet Availbl, In-Law Arrangement

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Oil
  • Cooling: Central Air, Wall Unit(s)

School Info

Assigned Schools Information:

  • Sheridan High School, Public District Grades 9-12
  • Sheridan Middle School, Public District Grades 6-8
  • Sheridan Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $2,080
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Sheridan, IN.

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Sheridan, IN

City

Med. Sold Price

$310.7K

Med. Price/SqFt

$163

Avg. Days On Market

46

# of Sold Homes

9

501 E 2nd St vs Sheridan

41 DAYS ON ROCKET

-5 Days

$235,000

-$75.7K Less

$79/SqFt

-$85 Less

KEY TAKEAWAY

This property is $75.7K less than the Median Sold Price and $85/SqFt less than other homes in Sheridan, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22002545

Listing Office:

  • Office Name: Highgarden Real Estate
  • Office Email: ckitchen@highgarden.com
  • Listing Agent: Chelsi Kitchen

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 21, 2016Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,080$154,100
2020$2,158$148,700
2019$1,992$153,000
2018$1,720$141,800
2017$1,666$126,900

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1929508
6
/10

  • Sheridan Elementary School

  • 24795 Hinesley Rd

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1929509
7
/10

  • Sheridan Middle School

  • 3030 W 246th St

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-1929510
4
/10

  • Sheridan High School

  • 24185 Hinesley Rd

  • 0.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,464. Residents of Sheridan, IN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 E 2nd St

What is the listing price of this property?

The listing price of 501 E 2nd St property is $235,000.

What type of property is this?

The property 501 E 2nd St is a house located in Sheridan, Indiana, 46069.

Is this property for sale now?

Active Listing: 501 E 2nd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 E 2nd St are:
Sheridan Elementary School: GreatSchools Rating 6/10
Sheridan Middle School: GreatSchools Rating 7/10
Sheridan High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,080 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 21, 2016 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 E 2nd St has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 E 2nd St is 2,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 E 2nd St is 1940.

Rocket Homes›Indiana›Hamilton County›Sheridan›46069›501 E 2nd St

This home is located at 501 E 2nd St in Sheridan, IN and zip code 46069. This 2,960 square foot home, which was built in 1940, sits on a 0.13 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $235,000.

Over 1 listings were sold over their listed price in October 2024 in Sheridan, IN. In the same period over 3 listings were sold below the listed price and 5 listings were sold for the listed price. Between September 2024 and October 2024, Sheridan, IN real estate market has seen increase in the number of listings by 50%. While the average time on the market in October 2024 was 46 days, the median list price was $310,744.

From Rocket Homes Real Estate and based on county public records data.

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