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BROKER PRICE OPINION

Stock # 13INSHETL000003

Parcel # 73-06-09-300-008.000.004

Property Address: 101 EDGERTON City: FAIRLAND State: IN Zip Code: 46126

The above premises was inspected on: 05/01/2015 by: Mike McQuinn - KW Scott Smith Team

The property was: Vacant Occupied

Is the exterior in good repair? Yes No Is the house & yard free from debris? Yes No

Has the property been boarded, screened, or otherwise secured? Yes No Keybox Yes No

Has the property been vandalized? Yes No

Is there an HOA on this property? Yes No

Details:

Single family residence per tax record. Property appears to be vacant. Home is single story with Vinyl siding. Moderate drive to

downtown. Moderate crime neighborhood.

Exterior repairs needed (in order of importance) to market property. Give a "best knowledge" estimate of costs.

$

$

$

$

$

$

Color Exterior/Interior Photos Attached

NEIGHBORHOOD DATA

Property Values: Increasing Declining Stable

Supply/Demand: Shortage Abundance Normal

Marketing Time: Under 3 Months 4 - 6 Months Over 6 Months

Price Range: (Neighborhood) High $10000 Low $50000

Number of houses in Direct Competition with Subject: 2 Number of sales in the past 6 months: 1

Appraisal/Room count provided by lender: Yes No

SUBJECT PROPERTY

Address Style Age SQ FT # Rms # BRs # Baths Gar/CP List Price List Date Fin Terms

101 EDGERTON Ranch 104 960 5 2 1 2CDTC N/A N/A N/A

CURRENT HOMES FOR SALE Competitive Listings Style Age SQ FT # Rms # BRs # Baths Gar/CP List Price List Date Days on

Market

Prox to

Subject

7847 N 600 West Ranch 55 1211 5 2 1 1CATC, 2CDTC 95000 02/03/15 52 3.786

5777 N Frontage Rd Ranch 53 1012 6 3 1 2CDTC 36100 04/29/15 2 1.655

307 S Jefferson St Ranch 115 938 5 2 1 2CDTC 18900 02/26/15 64 3.502

CLOSED PROPERTIES Competitive Sales Style Age SQ FT # Rms # BRs # Baths Gar/

CP

List Price Sale Price Date Closed Days on

Market

Prox to

Subject

2

7336 N 500 W Ranch 47 1056 6 3 1 0 98900 97800 02/10/15 4 3.070

5763 N FRONTAGE RD Ranch 53 1276 7 4 2 2 35000 34105 03/13/15 95 1.649

5052 N London Rd Ranch 65 1044 6 3 1 1 11000 11500 11/25/14 10 3.186

Please supply comps even if distance is a factor. Explain any absence of available comps, i.e., no sales, etc.:

Due to insufficient number of comparable properties with similar footprint, We used 1 active and 2 sold comps that is over 1 mile radius. Although all

comps are within a 2 mile radius. Also 1 Active and 2 sold comps are more than 10 years in difference. We used a 2 active and 1 sold single family

properties that compared in condition, square footage, and age.

PROPERTY VALUES

For Ninety (90) Day Market Period: As Is Condition: $20000

Repaired: $30000

For Thirty (30) Day Market Period: Quick Sale: $19900

Recommended List Price: $22900

MARKETABILITY

What current market conditions will affect the sale of the home? Available financing?

Small rural agricultural community.

Very light industry. Moderate drive to

downtown Indianapolis for shopping,

entertainment and employment.

What are the positives/negatives of the property?

Property in below average condition compared

to immediate properties in area.

How do the comps that were used compare to the subject? Due to insufficient number of comparable

properties with similar footprint and location

being in a very rural area, needed to go out farther

to obtain properties for comps.

Note specific items that could be a potential problem:

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Checklist of Damages

Is there any vandalism?: Yes No If yes, Where?

Is there any graffiti?: Yes No If yes, Where?

Is there any damage that appears to be caused by an act of nature?: Yes No If yes, Where?

Are there any broken windows?: Yes No If yes, Where?

Are there any broken doors?: Yes No If yes, Where?

Does anything appear to be missing? (i.e., HVAC, door knobs, fencing) : Yes No If yes, Where?

What is the condition and approx. age of roof?:

Yes No If yes, Where?

Roof appears to be in average condition with some minor repairs needed.

Is this home boarded? :

Yes No If yes, Where?

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Digital Photo Addendum

Street Scenes

Front Rear

Sides

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Garage

Comparable Properties

Listed 1 Listed 2 Listed 3

Sold 1 Sold 2 Sold 3