NOT LISTED FOR SALE

1501 W Tree Ln Muncie, IN 47302

Estimated Value: $297,000 - $394,000

3 Beds
2.5 Baths
2,810 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $241,000 $86 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,879/month

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2021

This home is located at 1501 W Tree Ln, Muncie, IN 47302 since 01 April 2021 and is currently estimated at $325,638, approximately $115 per square foot. This property was built in 1972. 1501 W Tree Ln is a home located in Delaware County with nearby schools including Cowan Elementary School, Cowan High School, and South Side Christian Academy.

Last Agent to Sell the Property

Diana Martin

NonMember MEIAR Listed on: 04/01/2021

NonMember MEIAR

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,211

Year Built

  • Built in 1972

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 100x213
  • Level Lot

Parking

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

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Cowan Elementary And Middle School
  • Cowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 18-15-04-153-006.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,211

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: WAYNEWOOD SEC B LOT 36
  • Parcel Number ID: 18-15-04-153-006.000-012
  • Platted: Yes
  • Amenities: Patio Open, Porch Open
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2810
  • Total Finished Sq Ft: 2810
  • Above Grade Finished Sq Ft: 2810
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 12x21, On Level: Main
  • Dining Room: Dimensions: 10x17, On Level: Main
  • Family Room: Dimensions: 12x20, On Level: Main
  • Recreation Room: Dimensions: 8x18, On Level: Upper
  • Bedroom 1: Dimensions: 14x21, On Level: Upper
  • Bedroom 2: Dimensions: 9x16, On Level: Upper
  • Bedroom 3: Dimensions: 11x13, On Level: Upper
  • Main Level Sq Ft: 2810
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x22
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: Regional
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 7
  • Well Type: Private

Condo/Co-op/Association

  • Other Fee Description: Storm Water $11.40/YR Ditch Fee $20/YR
  • Other Fees Dollar: 31.4

Schools

  • Elementary School: Cowan

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x213
  • Estimated Lot Sq Ft: 21300
  • Estimated Lot Size Acres: 0.489

Tax Info

  • Annual Taxes: 2210.92

MLS Schools

  • High School: Cowan
  • Middle School: Cowan
  • School District: Cowan Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 14, 2021
Sold by
Trshp Properties Llc
Bought by
Brosher Nathan Keith and Brosher Jessica Marie
Seller's Agent
Diana Martin
NonMember MEIAR
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$241,000
Sold Price
$241,000
Current Estimated Value
$327,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,899
Avg. Annual Appreciation
6.76%
Original Mortgage
$216,900
Outstanding Balance
$196,566
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$129,072

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 27, 2018
Sold by
Fannie Mae
Bought by
Trshp Properties Llc
Seller's Agent
Bryce Conyers
Starr Real Estate LLC
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$77,800
Sold Price
$73,000
Premium/Discount to List
-$4,800
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.17%

Purchase Details

Closed on
Oct 10, 2018
Sold by
Delaware County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2007
Sold by
Downham Michael T
Bought by
Kott Deaa L and Kott Edwad J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,720
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brosher Nathan Keith -- None Available
Trshp Properties Llc -- Youngs Title
Federal National Mortgage Association $103,025 None Available
Kott Deaa L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brosher Nathan Keith $216,900
Previous Owner Kott Deaa L $108,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $241,000 0.0% $86 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $241,000 +230.1% $86 / Sq Ft
12/27/2018 12/27/18 Sold $73,000 -6.2% $26 / Sq Ft View Prior Sale
12/12/2018 12/12/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $77,800 -- $28 / 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 $1,849 $209,300 $25,900 $183,400
2023 $1,298 $174,600 $21,600 $153,000
2022 $1,421 $182,200 $21,600 $160,600
2021 $732 $110,500 $18,800 $91,700
2020 $2,242 $110,500 $18,800 $91,700
2019 $2,106 $105,300 $17,900 $87,400
2018 $640 $105,300 $17,900 $87,400
2017 $845 $125,500 $15,300 $110,200
2016 $856 $125,600 $15,300 $110,300
2014 $640 $109,700 $14,600 $95,100
2013 -- $108,800 $14,600 $94,200
Source: Public Records

Agents Affiliated with this Home

  • Diana Martin

    Seller's Agent in 2021

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3,722 Total Sales

    Diana Martin
    Section Image
  • Ryan Kramer

    Buyer's Agent in 2021

    Ryan Kramer

    RE/MAX

    (765) 717-2489

    558 Total Sales

    Ryan Kramer
    Section Image
  • Bryce Conyers

    Seller's Agent in 2018

    Bryce Conyers

    Starr Real Estate LLC

    (765) 215-0617

    234 Total Sales

    Bryce Conyers
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202117906

Indiana Regional MLS

APN: 18-15-04-153-006.000-012

Indiana Delaware County Muncie 47302

1501 W Tree Ln, Muncie, IN

Not Listed for Sale

Detached

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