NOT LISTED FOR SALE

198 Megan Way Cumberland, IN 80921

Estimated Value: $370,481 - $409,000

4 Beds
2.5 Baths
2,444 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $308,073 $126 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,346/month

205 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Thermal Windows
  • Sugar Creek Elementary School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of January 2021

Olthof Homes presents our Sonoma plan, a two story home with 2444 square feet. This open concept floor plan showcases our grand kit with painted gray cabinets, quartz counters, and large island for entertaining. Architectural trim throughout the home creates an air of sophistication and class. This home is complete with 4 bedrooms (including a luxurious master suite), 2.5 baths, a grand two story great room, flex room, eat in kit, and mud room! Olthof Homes also includes a 92% Efficient Furnace, Architectural Shingles, Front Sod, Landscaping Package, Low E Energy windows, Tyvek exterior wrap, sealed ducts, Customer care program, a 10 year structural warranty

Last Agent to Sell the Property

Kurt Simmons

Dropped Members License #RB14025774 Listed on: 05/08/2020

Dropped Members

Last Buyer's Agent

Jill Thompson

@properties

@properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Window Screens
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Multiple Phone Lines

Community Details

  • Association fees include insurance, maintenance, parkplayground, management, walking trails
  • Grants Corner Subdivision
  • Property managed by Not Established Yet
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 300902110004000015

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: Olthof Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2020
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: GRANTS CORNER
  • Inspection Warranties: Warranty Builders
  • Property Description: Olthof Homes presents our Sonoma plan, a two story home with 2444 square feet. This open concept floor plan showcases our grand kit with painted gray cabinets, quartz counters, and large island for entertaining. Architectural trim throughout the home creates an air of sophistication and class. This home is complete with 4 bedrooms (including a luxurious master suite), 2.5 baths, a grand two story great room, flex room, eat in kit, and mud room! Olthof Homes also includes a 92% Efficient Furnace, Architectural Shingles, Front Sod, Landscaping Package, Low E Energy windows, Tyvek exterior wrap, sealed ducts, Customer care program, a 10 year structural warranty
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Screens Complete, Windows Thermal
  • Living Area: 2444
  • Other Equipment: Multiple Phone Lines, Smoke Detector, Programmable Thermostat
  • Room Count: 9
  • Areas Interior: Great Room - 2 Story,Laundry Room Main Level
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2444
  • Main Level Sq Ft: 1267
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 2444
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Eat In,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1177

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Management Company Name: Not Established Yet
  • Management Company Phone: 317-677-2402
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, ParkPlayground, Management, Walking Trails
  • Mandatory Fee: 113

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 300902110004000015
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Rural In Subdivision
  • Lot Number: 4
  • Lot Size: 9,750

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Southern Hancock County
  • Schools: Doe Creek Middle,New Palestine High,Sugar Creek Elementary

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jan 12, 2021
Sold by
Northeast Indianapolis Development Llc
Bought by
Zhu Jinye
Seller's Agent
Kurt Simmons
Dropped Members
Buyer's Agent
Jill Thompson
@properties
List Price
$323,577
Sold Price
$308,073
Premium/Discount to List
-$15,504
-4.79%
Current Estimated Value
$388,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,047
Avg. Annual Appreciation
4.83%
Original Mortgage
$108,073
Outstanding Balance
$96,456
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$291,664
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhu Jinye -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Jinye $108,073
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $308,073 0.0% $126 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $308,073 -0.5% $126 / Sq Ft
10/27/2020 10/27/20 Price Changed $309,621 -0.5% $127 / Sq Ft
10/14/2020 10/14/20 Price Changed $311,177 -0.5% $127 / Sq Ft
09/29/2020 09/29/20 Price Changed $312,677 -0.5% $128 / Sq Ft
09/23/2020 09/23/20 Price Changed $314,177 -0.5% $129 / Sq Ft
09/15/2020 09/15/20 Price Changed $315,677 -0.9% $129 / Sq Ft
08/26/2020 08/26/20 Price Changed $318,677 -0.5% $130 / Sq Ft
08/12/2020 08/12/20 Price Changed $320,177 -0.5% $131 / Sq Ft
07/23/2020 07/23/20 Price Changed $321,677 -0.5% $132 / Sq Ft
05/15/2020 05/15/20 Price Changed $323,177 -0.1% $132 / Sq Ft
05/08/2020 05/08/20 For Sale $323,577 -- $132 / 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 $3,652 $365,200 $60,000 $305,200
2023 $3,652 $329,000 $60,000 $269,000
2022 $2,953 $295,300 $60,000 $235,300
2021 $2,668 $266,800 $60,000 $206,800
2020 $36 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21707370

MIBOR Broker Listing Cooperative®

APN: 30-09-02-110-004.000-015