NOT LISTED FOR SALE

331 Mercer Ave Decatur, IN 46733

Decatur Area

Estimated Value: $226,000 - $321,530

3 Beds
3 Baths
2,552 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2024

Last sale price $292,000 $114 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,650 / mo

107 Days on Market

Highlights

  • Fireplace in Bedroom
  • Wood Flooring
  • Covered Patio or Porch
  • Traditional Architecture
  • Solid Surface Countertops
  • Beamed Ceilings

About This Home

As of January 2024

Discover the epitome of refined living at 331 Mercer Ave, an exquisite luxury property that seamlessly marries timeless elegance with modern comforts. This custom-built residence, dating back to 1916, has been painstakingly restored and meticulously maintained, ensuring its original character and charm remain untouched. With nearly 2,600 sqft of living space, 3 bedrooms, and 3 baths, this home offers a haven of sophistication and tranquility. As you step through the threshold, you'll be captivated by the sheer beauty that defines every inch of this residence. The allure begins in the heart of the home – a kitchen that has undergone a complete custom restoration. High-end stainless-steel appliances and solid wood handcrafted hickory cabinets, a testament to artisanal craftsmanship, have been seamlessly integrated into the original decor, resulting in a culinary masterpiece that's as functional as it is aesthetically pleasing. The upper level unveils a generously sized bathroom, complete with separate original tub and shower. High ceilings create an air of openness throughout, further enhancing the sense of grandeur that defines this property. The luxury of space continues with 2 fireplaces, each adding warmth and allure to the ambiance. One such fireplace graces the main bedroom, creating a cozy retreat. The property's character is further enhanced by thoughtful amenities, including built-ins, stained glass windows, original French doors, and a striking original staircase that tells a story of generations past. An oversized front porch beckons you to bask in the outdoors, creating your very own al fresco oasis that's perfect for relaxation or mingling. Entertain in style within the formal dining room, characterized by a coffered ceiling, wainscoting, and inviting French doors. The space effortlessly accommodates grand gatherings, promising memorable moments. Nestled in the heart of downtown Decatur, you'll find yourself in proximity to the river greenway and a booming old downtown art district with weekly concerts and events. Commuting is a breeze, with the Fort Wayne International Airport just 25 minutes away, and access to various destinations made effortless. 331 Mercer Ave isn't just a home; it's a testament to the elegance of a bygone era, masterfully intertwined with modernity. This property invites you to own a piece of history.

Last Agent to Sell the Property

Eric Thrasher

Encore Sotheby's International Realty Brokerage Phone: 260-221-2000 Listed on: 08/28/2023

Last Buyer's Agent

Christina Hayes

Coldwell Banker Real Estate Gr

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1916

Lot Details

  • 5,635 Sq Ft Lot
  • Lot Dimensions are 49x115
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • 1 Bathroom in Basement
  • Walkup Attic
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Schools

  • Bellmont Elementary And Middle School
  • Bellmont High School

Utilities

  • Central Air
  • Radiator
  • Heat Pump System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Decatur Washington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-05-03-204-021.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,635

Year Built

Built in 1916

Lot Details

5,635 Sq Ft Lot

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1916
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 2
  • Legal Description: W PT S PT SOUTHERN LOT 327
  • Parcel Number ID: 01-05-03-204-021.000-022
  • Platted: Yes
  • Amenities: Attic-Walk-up, Built-In Bookcase, Built-in Desk, Ceiling-9+, Ceilings-Beamed, Chair Rail, Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Electric, Porch Covered, Range/Oven Hk Up Gas/Elec, Stand Up Shower, Tub and Separate Shower
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3844
  • Total Finished Sq Ft: 2552
  • Above Grade Finished Sq Ft: 2552
  • Below Grade Sq Ft: 1292
  • Basement: Yes
  • Basement Foundation: Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, 1st Bdrm, Gas Starter
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 28x17, On Level: Main
  • Kitchen: Dimensions: 14x8, On Level: Main
  • Breakfast Room: Dimensions: 14x8, On Level: Main
  • Dining Room: Dimensions: 17x14, On Level: Main
  • Den: Dimensions: 14x8, On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Upper
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 14x11, On Level: Upper
  • Loft: Dimensions: 17x14, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1292

Exterior Features

  • Exterior: Brick
  • Roof Material: Tile
  • Outbuilding1: None
  • Fence: Partial, Privacy

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x18
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Heat Pump, Radiator
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Basementx8, On Level: 10

Schools

  • Elementary School: Bellmont

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 49X115
  • Estimated Lot Sq Ft: 5635
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 327

Tax Info

  • Annual Taxes: 1635

MLS Schools

  • High School: Bellmont
  • Middle School: Bellmont
  • School District: North Adams Community

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Jan 31, 2024
Sold by
Bought by
Seller's Agent
Eric Thrasher
Encore Sotheby's International Realty
Buyer's Agent
Christina Hayes
Coldwell Banker Real Estate Gr
List Price
$309,900
Sold Price
$292,000
Premium/Discount to List
-$17,900
-5.78%
Views
935
Current Estimated Value
$276,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,367
Avg. Annual Appreciation
-2.14%

Purchase Details

Closed on
May 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
0.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$292,000 Fidelity National Title Compan
$280,000 Miller, Burry & Brown, Pc
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $193,500
Previous Owner $100,000
Previous Owner $82,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $292,000 -2.6% $114 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $299,900 -2.9% $118 / Sq Ft
09/14/2023 09/14/23 Price Changed $308,900 -0.3% $121 / Sq Ft
08/28/2023 08/28/23 For Sale $309,900 -- $121 / Sq Ft
Source: Indiana Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,711 $203,900 $11,200 $192,700
2024 $1,788 $192,100 $11,200 $180,900
2023 $1,758 $175,800 $11,200 $164,600
2022 $1,635 $163,500 $11,200 $152,300
2021 $3,018 $150,900 $10,700 $140,200
2020 $1,430 $143,000 $10,700 $132,300
2019 $1,421 $143,000 $10,700 $132,300
2018 $1,404 $140,400 $10,700 $129,700
2017 $1,351 $135,100 $10,700 $124,400
2016 $1,217 $129,800 $10,700 $119,100
2014 $1,162 $132,500 $10,700 $121,800
2013 $1,339 $133,900 $10,700 $123,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202331243

Indiana Regional MLS

APN: 01-05-03-204-021.000-022

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