Closed

$265,000

11386 N 550 E, Demotte, IN 46310

3beds

1,188sqft

Single Family Residence

Built in 1973

1.35 Acres Lot

$275,800 Zestimate^®

$223/sqft

$1,834 Estimated rent

Home value

$275,800

Estimated sales range

Not available

$1,834/mo

Zestimate^® history

Owner options

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$1,834/mo

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$1,644/mo

Est. payment

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$1,644/mo

Est. payment

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What's special

Expansive wooded propertyOutdoor activitiesLarge windowsThree separate parcelsAbundant natural lightSpacious roomsNew roof

Nestled on serene and expansive wooded property, the home sits on three separate parcels, providing ample space for privacy, outdoor activities, or future development. Each parcel measures approximately 100' x 195'. The natural surroundings create a peaceful and tranquil atmosphere, perfect for nature lovers or those seeking a retreat from the hustle and bustle. Inside, the home features a functional layout, with spacious rooms and large windows that bring in abundant natural light. Additionally, the property boasts an extra 32' x 24' garage with a new roof, providing plenty of space for storage, or a workshop. This charming bilevel home offers incredible potential! Schedule your showing today.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Bedroom 2, Primary Bedroom, Living Room, Laundry, Kitchen, Dining Room, Bonus Room, Bedroom 3

Primary bedroom

Area: 143
Dimensions: 13.0 x 11.0

Bedroom 2

Area: 231
Dimensions: 21.0 x 11.0

Bedroom 3

Area: 120
Dimensions: 12.0 x 10.0

Bonus room

Area: 400
Dimensions: 25.0 x 16.0

Dining room

Area: 110
Dimensions: 11.0 x 10.0

Kitchen

Area: 121
Dimensions: 11.0 x 11.0

Laundry

Area: 60
Dimensions: 10.0 x 6.0

Living room

Area: 182
Dimensions: 14.0 x 13.0

Heating

Baseboard, Forced Air

Appliances

Included: Dryer, Water Softener Owned, Washer, Refrigerator, Microwave

Features

Other
Basement: Sump Pump,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,188
Total interior livable area: 1,188 sqft
Finished area above ground: 1,188

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Levels: Bi-Level
Exterior features: Private Yard
Has view: Yes
View description: Trees/Woods

Lot

Size: 1.35 Acres
Features: Wooded

Details

Has additional parcels: Yes
Parcel number: 560501331030000013

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1973

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Oakwood Acres 2nd Add

HOA

Has HOA: No

Location

Region: Demotte

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $181,500
Annual tax amount: $1,711
Date on market: 3/29/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/25/2025	Sold	$265,000-1.9%$223/sqft
Source: NIRA as distributed by MLS GRID #818185 Report a problem
4/2/2025	Pending sale	$270,000$227/sqft
Source: NIRA as distributed by MLS GRID #818185 Report a problem
3/29/2025	Listed for sale	$270,000$227/sqft
Source: NIRA as distributed by MLS GRID #818185 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$877 -1%	$181,500 +14%
2024	$886 -14.1%	$159,200 +1.7%
2023	$1,032 +5.2%	$156,500 +21.3%
2022	$980 -4.2%	$129,000 +8.7%
2021	$1,023 +28%	$118,700
2020	$799 -32.1%	$118,700 +12.8%
2019	$1,178 +12.7%	$105,200 -13.4%
2018	$1,045 -1.7%	$121,500 +6.3%
2017	$1,063 +25.3%	$114,300 -1%
2016	$849 +9.1%	$115,400 +10.4%
2014	$778 -10.6%	$104,500 -0.4%
2013	$870 +3%	$104,900 +0.1%
2012	$845 -0.2%	$104,800 +0.3%
2011	$847 -9.7%	$104,500 -6.8%
2010	$939 +2.5%	$112,100 +0.2%
2009	$916 +19.2%	$111,900 -3.1%
2007	$768 -21.7%	$115,500 +10.2%
2006	$981	$104,800 +11.6%
2005	--	$93,900