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507 E 5th St, Sheridan, IN, 46069

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
2 Full Baths
3,547 SqFt
$85/SqFt
House

Location

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507 E 5th St, Sheridan$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingBaseboard, Electric, Natural Gas
CoolingCentral Air, Wall Unit(s), Window Unit(s)
BasementYes
FireplaceGas Log
MLS #22013548
Lot Size0.20 Acres
StatusActive

About 507 E 5th St

Peaceful Downtown Sheridan Retreat - Steps from the Monon Trail! Discover the perfect blend of historic charm and modern updates in this inviting 3-bedroom, 2-bathroom home, ideally located in the heart of downtown Sheridan. Just steps from the iconic Monon Trail, this property offers unparalleled access to walking, biking, and outdoor adventures. Nestled on a quiet street with no HOA, this home welcomes you with a large front porch-perfect for enjoying your morning coffee or relaxing in the evening. Inside, a bright and versatile sunroom off the dining room offers an ideal space for a home office, playroom, or simply soaking up natural light. Thoughtfully updated while retaining its 1900s regal character, this home also features a spacious backyard with a detached garage, providing plenty of room for outdoor activities or storage. The basement offers even more storage space to meet your needs. Don't miss the opportunity to call this peaceful retreat home-where small-town charm meets modern convenience. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1910
  • Living Area: 3,547 SqFt

Listing Office:

  • Office Name: Compass Indiana, LLC
  • Office Email: jenn.wharff@compass.com
  • Listing Agent: Jennifer Wharff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Water Softener
  • Basement: Yes
  • Interior: Attic Access, Hardwood Floors
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Natural Gas
  • Cooling: Central Air, Wall Unit(s), Window Unit(s)

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $916
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$310.8K

Med. Price/SqFt

$163

Avg. Days On Market

21

# of Sold Homes

14

507 E 5th St vs Sheridan

1 DAY ON ROCKET

-20 Days

$299,900

-$10.9K Less

$85/SqFt

-$78 Less

KEY TAKEAWAY

This property is $10.9K less than the Median Sold Price and $78/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: #22013548

Listing Office:

  • Office Name: Compass Indiana, LLC
  • Office Email: jenn.wharff@compass.com
  • Listing Agent: Jennifer Wharff

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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Last updated on: 12/3/2024, 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 07, 2016Home Sold
$123,066

Tax History

YEARPROP. TAXASSESSMENT
2021$916$134,600
2020$925$131,200
2019$758$129,700
2018$562$121,200
2017$541$111,600

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Nearby Schools

school-card-donut-3794870
6
/10
  • Sheridan Elementary School

  • 24795 Hinesley Rd

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-3794871
5
/10
  • Monon Trail Elementary School

  • 19400 Tomlinson Rd

  • 6.02 miles

  • Public District Grades KG-4

school-card-donut-3794872
7
/10
  • Maple Glen Elementary School

  • 17171 Ditch Rd

  • 6.99 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,464. The majority of Sheridan, IN residents have income between $35k-100k annually. 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 507 E 5th St

What is the listing price of this property?

The listing price of 507 E 5th St property is $299,900.

What type of property is this?

The property 507 E 5th St is a house located in Sheridan, Indiana, 46069.

Is this property for sale now?

Active Listing: 507 E 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $916 (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 7, 2016 for $123,066. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 507 E 5th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 E 5th St is 3,547 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 E 5th St is 1910.

Rocket HomesIndianaHamilton CountySheridan46069507 E 5th St

This home is located at 507 E 5th St in Sheridan, IN and zip code 46069. This 3,547 square foot home, which was built in 1910, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $299,900.

Sheridan, IN housing market in November 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. The number of listings in Sheridan, IN increased by 4.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 21 days, the median list price was $310,872.

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

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