NOT LISTED FOR SALE

3123 W Meadowbend Ln Monrovia, IN 46157

Estimated Value: $238,000 - $256,000

3 Beds
2 Baths
1,505 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $140,000 $93 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,493/month

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Patio
  • Ranch Style House
  • Walk-In Closet
  • Programmable Thermostat

About This Home

As of April 2018

Adorable 3 bedroom 2 bath ranch. Open floor plan, nicely decorated yard. Neighborhood features walking trails, playgrounds, large swimming pool with slide, kids play area, shelter house and club house, 4 stocked lakes for fishing. Home is ready for all the summer activities.

Last Agent to Sell the Property

Ray Eldridge

Carpenter, REALTORS® License #RB15000548 Listed on: 03/06/2018

Carpenter, REALTORS®

Last Buyer's Agent

Nancy Warfield

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 2007

Lot Details

  • 6,098

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,505 Sq Ft Home
  • Vaulted Ceiling
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 550402434003000022

Community Details

Overview

  • Association fees include clubhouse, irrigation, ground maintenance, maintenance, parkplayground, pool, snow removal
  • Homestead Subdivision
  • Property managed by Ardsley

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: HOMESTEAD
  • Inspection Warranties: Not Applicable
  • Property Description: Adorable 3 bedroom 2 bath ranch. Open floor plan, nicely decorated yard. Neighborhood features walking trails, playgrounds, large swimming pool with slide, kids play area, shelter house and club house, 4 stocked lakes for fishing. Home is ready for all the summer activities.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s)
  • Living Area: 1505
  • Other Equipment: CO Detectors, Smoke Detector, Programmable Thermostat
  • Room Count: 6
  • Areas Interior: Bath Sinks Dbl Main,Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1505
  • Main Level Sq Ft: 1505
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,TubFull with Shower,Tub Garden
  • Total Sq Ft: 1505
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Slab
  • List Price: 137900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry
  • Num Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Ardsley

Fee Information

  • Association Fee Includes: Clubhouse, Irrigation, Maintenance Grounds, Maintenance, ParkPlayground, Pool, Snow Removal
  • Mandatory Fee: 420

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550402434003000022
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 118
  • Lot Size: 6,098

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1216
  • Semi Annual Property Tax Amt: 608
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Monroe-Gregg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 16, 2018
Sold by
Lofton Kenneth D
Bought by
Lustro Justin A and Lustro Carrie L
Seller's Agent
Ray Eldridge
Carpenter, REALTORS®
Buyer's Agent
Nancy Warfield
F.C. Tucker Company
List Price
$137,900
Sold Price
$140,000
Premium/Discount to List
$2,100
1.52%
Total Days on Market
0
Current Estimated Value
$247,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,431
Avg. Annual Appreciation
8.24%
Original Mortgage
$135,500
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2012
Sold by
Lofton Kenneth D and Lofton Anita M
Bought by
Lofton Kenneth D

Purchase Details

Closed on
Aug 18, 2011
Sold by
Lofton Kenneth D
Bought by
Lofton Kenneth D and Lofton Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,332
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2011
Sold by
Fannie Mae
Bought by
Lofton Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,332
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2011
Sold by
Ream Jeremy M
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2007
Sold by
C P Morgan Communities Lp
Bought by
Ream Jeremy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Lustro Justin A -- None Available
Lofton Kenneth D -- None Available
Lofton Kenneth D -- None Available
Lofton Kenneth D -- None Available
Fannie Mae $145,836 --
Ream Jeremy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lustro Justin A $140,000
Closed Lustro Justin A $135,000
Closed Lustro Justin A $135,500
Previous Owner Lofton Kenneth D $83,332
Previous Owner Ream Jeremy M $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $140,000 +1.5% $93 / Sq Ft
03/06/2018 03/06/18 For Sale $137,900 -- $92 / 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 $1,314 $209,800 $46,100 $163,700
2023 $1,203 $210,400 $44,800 $165,600
2022 $1,105 $182,000 $41,500 $140,500
2021 $762 $143,600 $41,500 $102,100
2020 $693 $144,800 $41,500 $103,300
2019 $656 $134,600 $27,000 $107,600
2018 $651 $135,800 $27,000 $108,800
2017 $591 $127,100 $27,000 $100,100
2016 $608 $128,200 $27,000 $101,200
2014 $431 $113,200 $27,000 $86,200
2013 $431 $114,100 $27,000 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Ray Eldridge

    Seller's Agent in 2018

    Ray Eldridge

    Carpenter, REALTORS®

    (317) 727-1921

    143 Total Sales

    Ray Eldridge
    Section Image
  • Nancy Warfield

    Buyer's Agent in 2018

    Nancy Warfield

    F.C. Tucker Company

    (317) 502-9416

    366 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21549678

MIBOR Broker Listing Cooperative®

APN: 55-04-02-434-003.000-022

Indiana Morgan County Monrovia 46157

3123 W Meadowbend Ln, Monrovia, IN

This home is located at 3123 W Meadowbend Ln, Monrovia, IN 46157 since 06 March 2018 and is currently estimated at $247,431, approximately $164 per square foot. This property was built in 2007. 3123 W Meadowbend Ln is a home located in Morgan County with nearby schools including Monrovia Elementary School, Monrovia Middle School, and Monrovia High School.

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