FOR SALE
$60,000

3575 1st
Petroleum, IN 46778

Single Family
Residence
2
Beds
2
Baths
1,975
Sq. Ft.
0.344
Acre Lot
1of
Photos
Map
Courtesy: Andy Zoda - Coldwell Banker Real Estate Group
IRMLS> Indiana> Petroleum> 46778
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.
202041846
Single Family, 2 Story
2
Wells County
2 Full
1900
0.344 Acres
Well, Private Water Service
2
Septic
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Courtesy: Andy Zoda - Coldwell Banker Real Estate Group
This content last refreshed on 10/30/2020 4:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.