NOT LISTED FOR SALE

1227 Melbourne Dr New Haven, IN 46774

Estimated Value: $129,000 - $156,667

3 Beds
1 Bath
1,050 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $43,750 $42 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $907/month

102 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered Patio or Porch
  • Forced Air Heating System
  • Ranch Style House
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of December 2014

All Brick ranch style home with new attractive landscaping! Relax on the large front porch under the awning! If you are looking for a clean, affordable home for your next home - look no more! Payments will be less than rent on a similar home and you will be building your own equity!! Newer carpet & vinyl flooring! Freshly painted throughout! New exterior doors - storm and entry!! New interior doors and hardware! New lighting fixtures, outlets and switches! New thermostat! Some newer windows. You will enjoy the 21 x 12 living room with brick wall/fireplace with heater insert!! Three bedrooms which include wood-lined closets. Roomy eat in kitchen with recessed lighting, lots of cupboards AND stove, refrigerator and dishwasher! You will love how light and bright the entire home is! Detached garage with tons of extra storage included! Patio and rear yard provide plenty of space to enjoy the outdoors as well! Come take a look!

Last Agent to Sell the Property

Beth Walker

Fairfield Group REALTORS, Inc. Listed on: 07/31/2014

Last Buyer's Agent

Robert Griebel

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,875 Sq Ft Lot
  • Lot Dimensions are 63x125
  • Level Lot

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Electric Oven or Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-13-14-103-009.000-041

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1959
  • Age: 55
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Meadowbrook Sec V Lot 411
  • Parcel Number ID: 02-13-14-103-009.000-041
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Patio Open, Porch Covered, Range/Oven Hook Up Elec
  • Cross Street: Sherbrook Drive
  • Location: City/Town/Suburb
  • Section Number: V
  • Sp Lp Percent: 81.17
  • State Id: 021314103009000
  • Special Features: None

Interior Features

  • Total Sq Ft: 1050
  • Total Finished Sq Ft: 1050
  • Above Grade Finished Sq Ft: 1050
  • Basement Foundation: Slab
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 12x21, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 9x13, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Loft: On Level: N/A
  • Main Level Sq Ft: 1050
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 22x16
  • Garage Sq Ft: 352

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Laundry: On Level: 4

Condo/Co-op/Association

  • Association Fees: 20
  • Association Fees Frequency: Annually

Schools

  • School District: East Allen County
  • Elementary School: Meadowbrook (Closed)
  • Middle School: New Haven
  • High School: New Haven

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 63x125
  • Estimated Lot Sq Ft: 7875
  • Estimated Lot Size Acres: 0.18
  • Lot Number: 411
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 1190
  • Exemptions: Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Dec 22, 2014
Sold by
Finley Sandra L
Bought by
Morrical Gary
Seller's Agent
Beth Walker
Fairfield Group REALTORS, Inc.
Buyer's Agent
Robert Griebel
Coldwell Banker Real Estate Gr
List Price
$54,900
Sold Price
$43,750
Premium/Discount to List
-$11,150
-20.31%
Current Estimated Value
$141,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,667
Avg. Annual Appreciation
11.13%
Original Mortgage
$35,000
Outstanding Balance
$13,413
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$122,289

Purchase Details

Closed on
Jul 20, 2012
Sold by
Finley Jeffrey E
Bought by
Finley Sandra L

Purchase Details

Closed on
Jul 3, 2008
Sold by
Smith Jeffrey D
Bought by
Finley Sandra L and Finley Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Us Bank Na
Bought by
Smith Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,120
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2007
Sold by
Reinders Bruce E
Bought by
U S Bank Na and Credit Suisse First Boston Heat 2004-6

Purchase Details

Closed on
Jul 8, 2004
Sold by
Tulley Chester M and Vandermotten Tulley Kathleen C
Bought by
Reinders Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morrical Gary -- Meridian Title
Finley Sandra L -- None Available
Finley Sandra L -- Commonwealth-Dreibelbiss Tit
Smith Jeffrey D $48,900 First American Els
U S Bank Na $54,375 None Available
Reinders Bruce E -- Progress Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrical Gary $35,000
Previous Owner Finley Sandra L $46,400
Previous Owner Smith Jeffrey D $39,120
Previous Owner Reinders Bruce E $55,600
Closed Reinders Bruce E $13,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $43,750 -20.3% $42 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $54,900 -- $52 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,691 $80,200 $8,500 $71,700
2022 $1,205 $60,000 $7,900 $52,100
2021 $1,176 $58,800 $9,200 $49,600
2020 $1,153 $57,400 $9,700 $47,700
2019 $991 $49,300 $8,300 $41,000
2018 $944 $47,200 $8,400 $38,800
2017 $751 $37,300 $7,300 $30,000
2016 $747 $37,100 $8,100 $29,000
2014 $1,232 $61,600 $11,100 $50,500
2013 $1,190 $59,500 $11,100 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201433175

Indiana Regional MLS

APN: 02-13-14-103-009.000-041