NOT LISTED FOR SALE

Estimated Value: $613,000 - $660,000

4 Beds
3.5 Baths
2,958 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $630,000 $213 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,652/month

83 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Backs to Open Ground
  • Homestead Senior High School Rated A
  • Open Floorplan
  • Covered Patio or Porch

About This Home

As of August 2024

Located on one of the most desired cul-de-sac in the Mercado sub-divisions, this brand new 3000 sq ft 2 story is a great opportunity for the smart buyer. It is within walking distance of both the grade and middle schools in the award winning SWAC school district as well as the Chapel Church which is jut to the south of this street. Custom built by Fox Homes, there is so much to like in this 4 BR/3.5 bath 2 story. A large foyer entry with double iron front entry door leads you to a very spacious GR with coffered ceiling, and oversized (48" wide) ceramic gas log fireplace with built ins on both sides. Totally open to the kitchen which features custom cabinetry with quartz countertops, large center island with eating bar, stainless appliances, pot-filler faucet, beverage center and big hidden walk-in pantry. Plenty of room in the nook area for large gatherings and both the nook and GR have a wall of windows with transoms above. Ceiling heights on both floors are 9' or higher. The first floor owners suite is spacious and has a pan trimmed ceiling and bank of windows. The owners bath has double sinks, 11' wide vanity with quartz countertop, impressive walk-in tiled shower plus big walk-in closet. All closets trimmed out by Closet Concepts. Conveniently located next to the owners suite is the laundry facilities. Little touches that further compliment the first floor include under stairs work station desk, cubbies for coats and book bags and a large walk-in coat closet with under stair storage area. As you enter from the garage, you find a snazzy powder room with LVP flooring which is on most of the first floor. The expansive upper level continues to delight potential owners with 3 spacious bedroom and large upstairs bonus rec room. Bedrooms are served by 2 baths, one private to a bedroom and one shared by 2 bedrooms. A walk-in floored attic is found off one bedroom. Finishing the package, is an oversized 3 car garage with the 3rd bay being extra deep to accommodate a full-sized pick-up truck or boat. It has a tankless water heater and is plumbed for a whole house generator and wired for a gas heater with gas line in place. Both the front and rear have large covered stamped concrete porches. All exterior walls are 6 inches thick and the windows are 400 series Andersen.

Last Agent to Sell the Property

Craig Martin

North Eastern Group Realty Brokerage Phone: 260-341-4188 Listed on: 05/04/2024

North Eastern Group Realty

Last Buyer's Agent

Leslie Ferguson

Regan & Ferguson Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 2024

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x153
  • Backs to Open Ground
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Utility Room in Garage
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Kitchen Island
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Generator Hookup

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Built by Fox Homes, LLC
  • Mercato Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-427-018.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,205

Year Built

Built in 2024

Lot Details

0

HOA Fees

$44 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2024
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: MERCATO SEC I LOT 17
  • Parcel Number ID: 02-11-08-427-018.000-038
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Breakfast Bar, Built-in Desk, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Generator Ready, Kitchen Island, Near Walking Trail, Open Floor Plan, Porch Covered, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Utility Sink, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up, Garage Utilities
  • Builder Name: Fox Homes, LLC
  • Cross Street: Cassena Road
  • Location: City/Town/Suburb
  • New Construction: Custom
  • Section Number: 1
  • Sp Lp Percent: 98.45
  • County Zoning: R1
  • Year Taxes Payable: 2024
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 2958
  • Total Finished Sq Ft: 2958
  • Above Grade Finished Sq Ft: 2958
  • Price Per Sq Ft: 212.98
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 18x17, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Breakfast Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x14, On Level: Upper
  • Bedroom 4: Dimensions: 14x11, On Level: Upper
  • Loft: Dimensions: 16x17, On Level: Upper
  • Main Level Sq Ft: 1837
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 26x36
  • Garage Sq Ft: 936
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 7

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 525
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x153
  • Estimated Lot Sq Ft: 15061
  • Estimated Lot Size Acres: 0.35
  • Lot Number: 17

Tax Info

  • Annual Taxes: 2205.07

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 23, 2024
Sold by
Hambrock Christopher L and Hambrock Helen M
Bought by
Jorgensen Molly
Seller's Agent
Craig Martin
North Eastern Group Realty
Buyer's Agent
Leslie Ferguson
Regan & Ferguson Group
List Price
$649,900
Sold Price
$630,000
Premium/Discount to List
-$19,900
-3.06%
Views
34
Current Estimated Value
$645,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,744
Avg. Annual Appreciation
2.25%
Original Mortgage
$504,000
Outstanding Balance
$498,187
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$147,557

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 23, 2021
Sold by
Wannemacher Design Build Inc
Bought by
Hambrock Christopher L and Hambrock Helen M
Seller's Agent
Oleg Brown
One Real Estate, LLC
Buyer's Agent
Craig Martin
North Eastern Group Realty
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.19%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 22, 2021
Sold by
Wannemacher Design Build Inc
Bought by
Hambrock Christopher L and Hambrock Helen M
Seller's Agent
Oleg Brown
One Real Estate, LLC
Buyer's Agent
Craig Martin
North Eastern Group Realty
List Price
$94,900
Sold Price
$94,900

Purchase Details

Closed on
Feb 4, 2021
Sold by
Mercato Development Llc
Bought by
Wannemacher Design Build Inc
Source: Public Records

Range of Values:

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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
Jorgensen Molly -- Metropolitan Title Of In
Hambrock Christopher L -- Sutton Dennis D
Hambrock Christopher L $94,900 None Available
Wannemacher Design Build Inc $90,155 Renaissance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Molly $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $630,000 -1.5% $213 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $639,900 -1.5% $216 / Sq Ft
05/04/2024 05/04/24 For Sale $649,900 +584.8% $220 / Sq Ft
12/22/2021 12/22/21 Sold $94,900 0.0% --
11/23/2021 11/23/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $94,900 -- --
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 $2,205 $460,300 $91,000 $369,300
2022 $1,293 $91,000 $91,000 $0
2021 $15 $1,000 $1,000 $0
2020 $65 $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202415560

Indiana Regional MLS

APN: 02-11-08-427-018.000-038