NOT LISTED FOR SALE

14040 E Edgewater Rd Albany, IN 47320

Estimated Value: $304,000 - $350,468

4 Beds
2.5 Baths
2,244 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $160,000 $71 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,961/month

26 Days on Market

Highlights

  • 920 Feet of Waterfront
  • Open Floorplan
  • Traditional Architecture
  • Delta High School Rated A-
  • Partially Wooded Lot
  • Backs to Open Ground

About This Home

As of March 2018

UPDATED and AWESOME 4 bedroom/2.5 bathroom two story home on over 5 acres of land along the Mississinewa River now available! New paint! New flooring! New kitchen and appliances! New lights! Many new fixtures! New water heater and water softener! Serene setting sitting above the river! A MUST SEE!

Last Agent to Sell the Property

John Sommer

CENTURY 21 Bradley Realty, Inc Listed on: 01/01/2018

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Dianne Hovermale

Encore Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1983

Lot Details

  • 5.43 Acre Lot
  • 920 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Laundry on main level

Kitchen

  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Propane
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 18-08-12-200-002.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1983
  • Age: 35
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: W HLF NE QTR 5.43 Acres |
  • Parcel Number ID: 18-08-12-200-002.000-004
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Countertops-Laminate, Deck Open, Foyer Entry, Kitchen Island, Open Floor Plan, Porch Covered, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry
  • Location: Rural
  • Sp Lp Percent: 94.17
  • Special Features: None

Interior Features

  • Total Sq Ft: 2244
  • Total Finished Sq Ft: 2244
  • Above Grade Finished Sq Ft: 2244
  • Price Per Sq Ft: 71.3
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 29x14, On Level: Main
  • Kitchen: Dimensions: 16x11, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 16x11, On Level: Main
  • Extra Room: living area, Dimensions: 26x8, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x10, On Level: Upper
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 16x12
  • Water Frontage: 920
  • Water Name: Mississinewa River

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Conventional, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx7, On Level: 7
  • Water Type: River
  • Well Type: Private

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Albany
  • Middle School: Delta
  • High School: Delta

Lot Info

  • Lot Description: Partially Wooded, Rolling, Waterfront, Flood Plain, 3-5.9999, Water View, Waterfront-High Bank
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 236531
  • Estimated Lot Size Acres: 5.43

Tax Info

  • Annual Taxes: 927.82

Multi Family

  • Water Access: Riverfront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Mar 14, 2018
Sold by
Mbn Properties Llc
Bought by
Drook Christopher
Seller's Agent
John Sommer
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Dianne Hovermale
Encore Sotheby's International Realty
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Total Days on Market
26
Current Estimated Value
$324,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,867
Avg. Annual Appreciation
10.27%
Original Mortgage
$165,280
Outstanding Balance
$142,645
Interest Rate
4.22%
Mortgage Type
VA
Estimated Equity
$183,914

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 27, 2017
Sold by
Us Bank Na
Bought by
Mbn Properties Llc
Seller's Agent
Paul Starr
Starr Real Estate, Inc.
Buyer's Agent
John Sommer
List Price
$78,000
Sold Price
$70,350
Premium/Discount to List
-$7,650
-9.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
223.44%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Delaware County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 15, 2011
Sold by
Phillipy Scott A and Phillipy Angela D
Bought by
Grant County Economic Growth Council Inc

Purchase Details

Closed on
Jul 21, 2006
Sold by
Snyder Neal and Snyder Tracy
Bought by
Phillipy Scott A and Phillipy Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,400
Interest Rate
8.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2005
Sold by
Citifinancial Services Inc and Kimmerling Kevin F
Bought by
Snyder Neal and Snyder Tracy
Source: Public Records

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Range of Values:

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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
Drook Christopher -- Centurion Land Title
Mbn Properties Llc $70,350 Title 365
Us Bank Na $213,201 --
Grant County Economic Growth Council Inc -- None Available
Phillipy Scott A -- None Available
Snyder Neal $89,211 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drook Christopher $165,280
Previous Owner Mbn Properties Llc $131,250
Previous Owner Phillipy Scott A $171,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $160,000 -5.8% $71 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $169,900 +141.5% $76 / Sq Ft
07/03/2017 07/03/17 Sold $70,350 -9.8% $31 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $78,000 -- $35 / 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 $1,891 $220,400 $38,900 $181,500
2023 $1,841 $218,800 $38,900 $179,900
2022 $1,791 $212,200 $38,900 $173,300
2021 $1,564 $175,500 $38,900 $136,600
2020 $1,500 $166,700 $38,900 $127,800
2019 $1,264 $153,600 $35,300 $118,300
2018 $1,126 $145,800 $35,300 $110,500
2017 $891 $123,900 $33,600 $90,300
2016 $906 $125,700 $35,400 $90,300
2014 $683 $111,600 $33,700 $77,900
2013 -- $113,800 $34,700 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201800121

Indiana Regional MLS

APN: 18-08-12-200-002.000-004