recently sold

Recently Sold Old Houses Under $50K ~ And What They Sold For

If, like me, you are interested in seeing what recently old houses have sold for, here are a few. Some went for half price, some went higher than asking price.

415 E 3rd St, Madison, IN 47250     $50,000 Sold for $24,000 9/18/19

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OHU50K NOTES

I’d say the realtor’s build date of 1900 is way out of whack on this Madison, Indiana, handyman special. At the bottom of the page, you’ll see two similar homes currently for sale in the same Madison neighborhood. I’ve included those, not only to show the earlier build dates, but to inspire. The owners have done wonderful restorations, so click their links below to look at what these type of Madison homes are worth when done up right.

I’ve visited Madison, and for old house lovers like myself, the whole town is a gem. Designated a National Historic Landmark District in 2006, the Ohio Riverfront town is known for its annual Madison Regatta, a powerboat race going back to 1948, its stunning architectural legacy, eclectic shops, Fountain Alley and the beautiful surrounding countryside.

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REALTOR COMMENTS

Make this handyman special your own. Original hardwood floors. Federal fireplace. Cherry staircase. Off street parking. Side covered porch. City sewer and water available. Nice location.

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350 Hamilton St, Sparta, GA 31087      $49,000 ~ SOLD for $36,000 on 12/12/19

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OHU50K NOTES

What a house! The c.1890 historic G.W. Rives House in the Sparta Georgia Historic District is a true beauty. Porches on old homes are the first to go, but fortunately the vintage postcards below provide a record of what the porch looked like.

My research on George William Rives did not glean much except to find that he lived from 1867 to 1935, was married to Lily Moates Rives and is buried in the Sparta cemetery. Apparently, George must have been successful or inherited a large sum of money, because he built his beautiful home at the young age of 23. Members of his family were also owners of the well-known Harley-Hurt-Rives plantation house in Sparta. Photos can be found below.   

Thanks to Molly Anmar for this wonderful submission. 

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REALTOR COMMENTS

Grand landmark in Sparta seeks visionary buyer! Big beauty in the Sparta Georgia trending historic district can qualify for state/federal tax credits for owner that restores this magnificent 1890s home. Interior finishes are well-preserved, even the stairway with late-Victorian fretwork. LARGE double lot sits on corner, perfect for garden or gazebo. Ample backyard with storage shed. Property has good bones but is not currently habitable and needs considerable work, but what a payoff if one day you call this beauty home! Listing agent must be present for showings. Sold as-is.

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49 Town House Rd, Effingham, NH 03882    $49,900 Sold for $45,000 on 10/24/19

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OHU50K NOTES

The current owner began renovations on this country getaway in Effingham, New Hampshire, before plans changed. Much of the work has been started, and many materials to finish the job are included in the sale price.

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REALTOR COMMENTS

Dreaming of a country get-away in the woods? Something you can fix up and make totally your own? A secret hideaway that will transport you away from the hustle and bustle or every day life, yet still easy to get to? Something with some woods to enjoy? Come check out 49 Town House Rd in Effingham, NH. Minutes from Province Lake, the golf course, and fine dining at the Carriage House Restaurant. This cute little cabin is ready for you!

Seller had planned to totally renovate. Started with cleaning out, gutting the old interior and planning a new floor layout. Plans have changed and this log-sided cabin is waiting for a new someone with vision, tools and some knowledge to put it all back together. Many of the needed materials are already here and being included with the sale. There’s a new sink, pvc piping for the water, fridge, and more.

Originally a 2-bedroom cottage, the roof was raised and now there is plenty of room to make a sleeping loft above. Main floor is ready to have a T shaped open living, dining, kitchen area, along with a 3/4 bath and 1 bedroom. Also an enclosed porch with a nice view of the mostly level wooded lot. Dug well is out back and seems to have plenty of water, we don’t know much about the septic.

Cabin is tucked in a small clearing that is starting to get a bit overgrown, a bit of trimming and you’ll have a nice sunny country getaway surrounded by tall pines! Easy to find and ready for your ideas, check it out today!

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507 3rd St, Whiting, KS 66552           $29,900 Sold for $22,000 on 10/21/19

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OHU50K NOTES

I don’t know about a rabbit hutch in the bedroom, but I’m enamored of the rest of this adorable Whiting, Kansas, move-in ready home. Built in 1900, it needs a fix or two to finish it up, however, the home has so much charm and is priced so well, we can overlook a couple of projects.

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REALTOR COMMENTS

This whimsical cottage inspired home will bring out the imagination in anyone. So much remodeled in this 1.5 story home. Bright spaces & harwood floors adorn. A few final projects to complete, yet move-in ready & much recently finished. Owner has replaced refinished BA’s, kitchen fixtures, wired for internet/land line, removed some old wiring, refinished wood flooring, replaced kitchen cabinet pieces & built ins. Laundry connections for gas or electric reworked; some interior & exterior plumbing & more.

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2728 Camden Hwy, Bishopville, SC 29010      $32,900

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OHU50K NOTES

I like the under $33K price of this Bishopville, South Carolina, handyman special with between one and two acres (realtor states 1.52 acres, but public records state 1.75). Situated back from the road on a rural road, the home features an expansive lawn, inviting front porch and a homey kitchen.

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REALTOR COMMENTS

Handyman Special! 3 bed 2 bath home on large +/- 1.52 acre lot. Large kitchen with new stove. Large bedrooms, and Living Room. Square footage is an estimate and if important please measure. All other information to be verified by buyer.

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615 W Market St, Warsaw, IN 46580     $49,900  Sold for $53,236 on 6/25/19

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OHU50K NOTES

At first glance, this c.1880 Warsaw, Indiana, foreclosure appears as if it has a split personality. In viewing the rear of the home, however, I believe both sides of the house have the same build date. The newer bungalow-look of the enclosed front porch is a disappointment, but at this price point, we can’t complain too much.

If you love the water, you’ll love Warsaw. The town not only occupies the area between Winona, Pike, Center and Hidden Lakes, but the Tippecanoe River passes through the western portion of the city.

Warsaw, Indiana, also known the “Orthopedic Capital of the World®,” is the birthplace of orthopedic design and manufacturing. Top orthopedic companies started and still run in Warsaw.

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REALTOR COMMENTS

You will find plenty of room to start off with in this historical 4+bedroom/1.5-bath foreclosure with over 2300 Sq Ft. Only a short walk to the downtown Warsaw. Features include Large dining room, living room with wood floors throughout. Large kitchen, enclosed front and rear porches plus a covered patio. Has full unfinished basement. This is a Fannie Mae Homepath property. 3% closing cost assistance available to first time home buyers. Restrictions apply.

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Winona lake, Warsaw, Indiana

7712 Long Ridge Rd, Plymouth, NC 27962     $47,000 Sold for $42,500 10/26/2019

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OHU50K NOTES

This c.1910 small farmhouse on one acre can be your year-round residence, rural retreat, beach retreat or investment property. Not bad for $47k.

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REALTOR COMMENTS

Whether as a personal residence, rural retreat or investment property this humble little house is waiting to become a home. Relax on the screened in porch or gather around the open fire pit and pass the s’mores. This 2br/1ba has been both a personal home and a rental. This house was rented for the past year at $550/mo. The roof was replaced in 2016 and has had the floors recently updated. Attic has pull down stairs and has full floor for storage.The just over one acre of land features 2 peach trees and a storage shed.

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