NOT LISTED FOR SALE

3057 W Meadowbend Dr Monrovia, IN 46157

Estimated Value: $275,000 - $336,000

3 Beds
2.5 Baths
3,018 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $174,900 $58 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,852/month

41 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • Walk-In Closet

About This Home

As of December 2019

3 bedroom 2.5 bath home in the desirable Homestead Addition with community club house, volleyball, playground, picnic area, pool & 4 fully stocked ponds! Great location on US 39 just minutes from I-70. Main level has a cozy living room plus a large family room and an eat in kitchen with all appliances to remain. Recently remodeled laundry room & newer water heater. Upstairs also has a large family room that could easily be converted to an additional 4th or 5th bedroom if needed. All bedrooms have lots of closet space. Lots of fresh paint & recently cleaned carpets means this home is move in ready. With over 3,000 sq ft this home is priced to sell at less than $60 per sq ft!

Last Listed By

Steve Custis

RE/MAX Cornerstone License #RB14034856 Listed on: 10/04/2019

RE/MAX Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 2007

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • Association fees include home owners, clubhouse, maintenance, parkplayground, pool, snow removal
  • Homestead Subdivision
  • Property managed by Cedar Run HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 550402432009000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: HOMESTEAD
  • Inspection Warranties: Not Applicable
  • Property Description: 3 bedroom 2.5 bath home in the desirable Homestead Addition with community club house, volleyball, playground, picnic area, pool & 4 fully stocked ponds! Great location on US 39 just minutes from I-70. Main level has a cozy living room plus a large family room and an eat in kitchen with all appliances to remain. Recently remodeled laundry room & newer water heater. Upstairs also has a large family room that could easily be converted to an additional 4th or 5th bedroom if needed. All bedrooms have lots of closet space. Lots of fresh paint & recently cleaned carpets means this home is move in ready. With over 3,000 sq ft this home is priced to sell at less than $60 per sq ft!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s)
  • Living Area: 3018
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Family Room 2nd Story,Living Room Formal,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3018
  • Main Level Sq Ft: 1314
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3018
  • Kitchen Features: Pantry
  • Upper Level Sq Ft: 1704

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 174900
  • Association Maintained Building Exterior: 0

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
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Cedar Run HOA
  • Management Company Phone: 317-408-4389
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Maintenance, ParkPlayground, Pool, Snow Removal
  • Mandatory Fee: 350

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550402432009000022
  • Acres: <1/4 Acre
  • Lot Number: 102
  • Lot Size: 6,534

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 814
  • Semi Annual Property Tax Amt: 407
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Monroe-Gregg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 13, 2019
Sold by
Wells Kurt M
Bought by
Myers Georgia B
Seller's Agent
Steve Custis
RE/MAX Cornerstone
Buyer's Agent
Merribeth Burns
List Price
$199,000
Sold Price
$174,900
Premium/Discount to List
-$24,100
-12.11%
Total Days on Market
41
Current Estimated Value
$306,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,271
Avg. Annual Appreciation
10.37%
Original Mortgage
$176,666
Outstanding Balance
$158,735
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$139,302

Purchase Details

Closed on
Aug 6, 2007
Sold by
C P Morgan Communities Lp
Bought by
Wells Kurt M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,615
Interest Rate
6.71%
Mortgage Type
New Conventional

Range of Values:

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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
Myers Georgia B -- None Available
Wells Kurt M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Georgia B $176,666
Previous Owner Wells Kurt M $131,615
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $174,900 0.0% $58 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $174,900 -2.8% $58 / Sq Ft
10/24/2019 10/24/19 Price Changed $179,900 -5.3% $60 / Sq Ft
10/18/2019 10/18/19 Price Changed $189,900 -2.6% $63 / Sq Ft
10/10/2019 10/10/19 Price Changed $194,900 -2.1% $65 / Sq Ft
10/04/2019 10/04/19 For Sale $199,000 -- $66 / 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 $1,854 $276,300 $46,100 $230,200
2023 $1,702 $277,700 $44,800 $232,900
2022 $1,529 $239,200 $41,500 $197,700
2021 $1,042 $184,500 $41,500 $143,000
2020 $994 $186,100 $41,500 $144,600
2019 $822 $156,000 $27,000 $129,000
2018 $814 $157,500 $27,000 $130,500
2017 $756 $148,800 $27,000 $121,800
2016 $778 $150,100 $27,000 $123,100
2014 $647 $145,100 $27,000 $118,100
2013 $647 $146,800 $27,000 $119,800
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21673074

MIBOR Broker Listing Cooperative®

APN: 55-04-02-432-009.000-022