NOT LISTED FOR SALE

2418 Melody Ln Anderson, IN 46012

Estimated Value: $240,000 - $274,000

4 Beds
3 Baths
2,769 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $71,500 $26 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,568/month

8 Days on Market

Highlights

  • 0.57 Acre Lot
  • 1 Fireplace
  • Garage
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

Spacious ranch home with 4 bdrms/3 full baths in Norwood Hills. Large living room with gas frplc + hardwood floors, dining room, eat-in kitchen and screened porch. Partially finished basement with 4th bdrm, utility/storage area and family room. Hardwood floors in all main level bedrooms, newer replacement windows throughout, 1/2 acre lot with mature trees. Needs cosmetic updates, but has excellent potential! Great investment! Property to be sold in As-Is condition.

Last Agent to Sell the Property

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 03/29/2017

Keller Williams Indy Metro NE

Co-Listed By

Michelle Frazier

Keller Williams Indy Metro NE License #RB14047389

Last Buyer's Agent

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 03/29/2017

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1956

Lot Details

  • 0.57 Acre Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 2,769 Sq Ft Home
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Norwood Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 480732300084000029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1956
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 0.5739
  • Subdivision Name: NORWOOD HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: Spacious ranch home with 4 bdrms/3 full baths in Norwood Hills. Large living room with gas frplc + hardwood floors, dining room, eat-in kitchen and screened porch. Partially finished basement with 4th bdrm, utility/storage area and family room. Hardwood floors in all main level bedrooms, newer replacement windows throughout, 1/2 acre lot with mature trees. Needs cosmetic updates, but has excellent potential! Great investment! Property to be sold in As-Is condition.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling
  • Appliances: Electric Cooktop,Oven
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log,Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs,Walk-in Closet(s)
  • Living Area: 2769
  • Other Equipment: Radon System,Smoke Detector
  • Room Count: 10
  • Areas Interior: Foyer Small,Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Breakfast Room,Dining Combo/Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 1846
  • Main Level Sq Ft: 1846
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2769
  • Below Grade Sq Ft: 923
  • Pct Optional Level Finished: 25-50%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 79900
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage,Storage Area

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 480732300084000029
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 39
  • Lot Size: 24,999

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1230
  • Semi Annual Property Tax Amt: 615
  • Tax Exemption: None

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 8, 2017
Sold by
Jv Real Estate Investment Llc
Bought by
Hervey Jordan
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Heather Upton
Keller Williams Indy Metro NE
List Price
$79,900
Sold Price
$71,500
Premium/Discount to List
-$8,400
-10.51%
Current Estimated Value
$255,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,496
Avg. Annual Appreciation
15.25%
Original Mortgage
$57,200
Outstanding Balance
$48,182
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$182,059

Purchase Details

Closed on
Jan 13, 2017
Sold by
Wells A
Bought by
Jv Llc

Purchase Details

Closed on
Mar 13, 2015
Sold by
Madison County Sheriff
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 26, 2010
Sold by
Irving Douglas W and Irving Jennifer R
Bought by
Smith Lorina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,633
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hervey Jordan -- --
Jv Llc $35,000 --
Jv Real Estate Investment Llc $35,000 Linear Title & Closing
Wells Fargo Bank Na -- --
Smith Lorina S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hervey Jordan $57,200
Previous Owner Smith Lorina S $131,633
Previous Owner Irving Douglas W $103,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $71,500 -10.5% $26 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $79,900 +11.7% $29 / Sq Ft
04/07/2017 04/07/17 Off Market $71,500 -- --
03/29/2017 03/29/17 For Sale $79,900 +128.3% $29 / Sq Ft
03/16/2017 03/16/17 Sold $35,003 -53.8% $19 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $75,800 +116.6% $41 / Sq Ft
11/28/2016 11/28/16 Off Market $35,003 -- --
11/16/2016 11/16/16 For Sale $75,800 +116.6% $41 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/29/2016 07/29/16 Off Market $35,003 -- --
07/21/2016 07/21/16 For Sale $75,800 -- $41 / 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 $1,848 $168,100 $28,900 $139,200
2023 $1,691 $153,600 $27,500 $126,100
2022 $1,675 $152,000 $25,900 $126,100
2021 $1,544 $140,000 $25,600 $114,400
2020 $1,267 $126,500 $24,400 $102,100
2019 $1,261 $123,600 $24,400 $99,200
2018 $1,235 $119,200 $24,400 $94,800
2017 $1,107 $123,800 $24,400 $99,400
2016 $2,630 $130,400 $24,400 $106,000
2014 $1,096 $128,300 $24,400 $103,900
2013 $1,096 $128,300 $24,400 $103,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21475228

MIBOR Broker Listing Cooperative®

APN: 48-07-32-300-084.000-029