NOT LISTED FOR SALE

1602 Magnolia Dr Anderson, IN 46011

Estimated Value: $147,000 - $176,679

2 Beds
1 Bath
1,190 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $103,500 $87 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $958/month

Highlights

  • Ranch Style House
  • L-Shaped Dining Room
  • 1 Car Attached Garage
  • Wood Flooring
  • Wood Frame Window
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Nice location in Edgewood. This 2 Bedroom, 1 full bath, brick ranch in south Edgewood addition is a nice starter home or downsize home. Large living room with fireplace. Hardwood flooring in living room, dinning room, and both bedrooms. Utility room. Enclosed three season room. One car attached garage.

Last Agent to Sell the Property

Phil Doughty

RE/MAX Real Estate Solutions Listed on: 04/14/2021

RE/MAX Real Estate Solutions

Last Buyer's Agent

Phil Doughty

RE/MAX Real Estate Solutions Listed on: 04/14/2021

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1954

Lot Details

  • 10,799 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,190 Sq Ft Home
  • Vinyl Clad Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Utility Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481116100338000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1954
  • Garage Y N: Yes
  • Lot Size Acres: 0.2479
  • Subdivision Name: EDGEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Nice location in Edgewood. This 2 Bedroom, 1 full bath, brick ranch in south Edgewood addition is a nice starter home or downsize home. Large living room with fireplace. Hardwood flooring in living room, dinning room, and both bedrooms. Utility room. Enclosed three season room. One car attached garage.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Windows Vinyl, Windows Wood
  • Living Area: 1190
  • Other Equipment: Water-Softener Owned
  • Room Count: 5
  • Areas Interior: Utility Room
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1190
  • Main Level Sq Ft: 1190
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1190

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Crawl Space
  • List Price: 105000
  • Association Maintained Building Exterior: 0
  • Porch: Glass Enclosed Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Sq Ft: 450

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481116100338000005
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 10,799

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 900
  • Semi Annual Property Tax Amt: 450
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 28, 2021
Sold by
Doughty Phillip D and Smith David L
Bought by
Smith Kenneth W
Seller's Agent
Phil Doughty
RE/MAX Real Estate Solutions
Buyer's Agent
Phil Doughty
RE/MAX Real Estate Solutions
List Price
$105,000
Sold Price
$103,500
Premium/Discount to List
-$1,500
-1.43%
Current Estimated Value
$160,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,747
Avg. Annual Appreciation
10.27%
Original Mortgage
$93,150
Outstanding Balance
$85,249
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$70,927
Source: Public Records

Range of Values:

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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
Smith Kenneth W $103,500 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kenneth W $93,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $103,500 -1.4% $87 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $105,000 +110.0% $88 / Sq Ft
03/16/2021 03/16/21 Sold $50,000 0.0% $42 / Sq Ft
03/01/2021 03/01/21 For Sale $50,000 -- $42 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
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 $969 $104,300 $12,100 $92,200
2023 $883 $95,400 $11,500 $83,900
2022 $915 $96,100 $11,400 $84,700
2021 $912 $92,400 $11,300 $81,100
2020 $900 $86,800 $10,700 $76,100
2019 $871 $84,500 $10,700 $73,800
2018 $781 $78,100 $10,700 $67,400
2017 $592 $70,000 $9,800 $60,200
2016 $596 $72,500 $9,400 $63,100
2014 $547 $72,400 $9,400 $63,000
2013 $547 $70,500 $9,200 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21778617

MIBOR Broker Listing Cooperative®

APN: 48-11-16-100-338.000-005