NOT LISTED FOR SALE

1511 Magnolia Dr Anderson, IN 46011

Estimated Value: $220,000 - $227,000

3 Beds
2.5 Baths
1,608 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $32,050 $20 Per Sq Ft

Est. 598% increase in value since last sale

Current estimated payment $1,499/month

112 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Nice, 3 bedroom, 2 1/2 bath home with an immaculate converted garage into a studio-like area. The garage was renovated adding a full bath and sink area. This home has a shower located in the 2nd bedroom. Nice-sized front and back yards with a privacy fence surrounding the rear of the property. Extra storage space in shed located in back. Screened in back porch/3-seasons room where you can enjoy outside no matter the weather. This house has the potential to make a great family a wonderful home.

Last Listed By

Rich Melton

Star Realty License #RB14035389 Listed on: 05/15/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.29

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,608 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Covered patio or porch
  • 0.29 Acre Lot

Community Details

  • South Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481116100344000005

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1954
  • Garage Y N: No
  • Lot Size Acres: 0.29
  • Subdivision Name: SOUTH EDGEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Nice, 3 bedroom, 2 1/2 bath home with an immaculate converted garage into a studio-like area. The garage was renovated adding a full bath and sink area. This home has a shower located in the 2nd bedroom. Nice-sized front and back yards with a privacy fence surrounding the rear of the property. Extra storage space in shed located in back. Screened in back porch/3-seasons room where you can enjoy outside no matter the weather. This house has the potential to make a great family a wonderful home.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1608
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1608
  • Main Level Sq Ft: 1608
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1608
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 49900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481116100344000005
  • Acres: 1/2-1 Acre
  • Lot Number: 20
  • Lot Size: 95x135

Tax Info

  • Tax Annual Amount: 1690
  • Semi Annual Property Tax Amt: 845
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Sep 18, 2014
Sold by
Usaa Fsb
Bought by
Hensley Paul and Hensley Betty
Seller's Agent
Rich Melton
Star Realty
Buyer's Agent
Rich Melton
Star Realty
List Price
$79,900
Sold Price
$32,050
Premium/Discount to List
-$47,850
-59.89%
Total Days on Market
112
Current Estimated Value
$223,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,722
Avg. Annual Appreciation
20.08%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Madison County Sheriff
Bought by
Usaa Fedl Savings Bank

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
Hensley Paul -- --
Usaa Fedl Savings Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Gennette $109,000
Previous Owner Stone Gennette $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $32,050 -35.8% $20 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
07/01/2014 07/01/14 Price Changed $49,900 -37.5% $31 / Sq Ft
05/15/2014 05/15/14 For Sale $79,900 -- $50 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,113 $140,100 $14,400 $125,700
2023 $2,868 $128,100 $13,700 $114,400
2022 $2,888 $129,000 $13,500 $115,500
2021 $2,665 $118,300 $13,400 $104,900
2020 $2,513 $111,100 $12,700 $98,400
2019 $2,452 $108,300 $12,700 $95,600
2018 $2,300 $99,500 $12,700 $86,800
2017 $1,799 $89,800 $11,600 $78,200
2016 $1,570 $78,200 $11,200 $67,000
2014 $1,689 $78,700 $11,200 $67,500
2013 $1,689 $82,000 $10,900 $71,100
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21291739

MIBOR Broker Listing Cooperative®

APN: 48-11-16-100-344.000-005