NOT LISTED FOR SALE

340 Terrace Dr Monrovia, IN 46157

Estimated Value: $220,000 - $262,000

1 Bed
1 Bath
630 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $48,900 $78 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $1,433/month

319 Days on Market

About This Home

As of April 2015

The best view in Monrovia! Nice place to live while you build on extra rooms. There are two lots here for plenty of extra space. This would make a wonderful place for a small business (must get it zoned) Cute little efficiency for a little extra rental income. Property is a studio room with seperate bath and sink area.

Last Listed By

Nancy Lee

Listed on: 04/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1970

Lot Details

  • 1.06

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 1.06 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 550411200004000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1970
  • Garage Y N: No
  • Lot Size Acres: 1.06
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: The best view in Monrovia! Nice place to live while you build on extra rooms. There are two lots here for plenty of extra space. This would make a wonderful place for a small business (must get it zoned) Cute little efficiency for a little extra rental income. Property is a studio room with seperate bath and sink area.
  • Transaction Type: Sale
  • Lifestyles: WalkUp
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Attic Access
  • Living Area: 630
  • Other Equipment: Smoke Detector
  • Room Count: 2
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 630
  • Main Level Sq Ft: 630
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 630
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 1.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 49900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 550411200004000022
  • Acres: 1-3 Acres
  • Lot Number: 1
  • Lot Size: 1.06 ac.

Tax Info

  • Tax Annual Amount: 386
  • Semi Annual Property Tax Amt: 193
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Monroe-Gregg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Apr 17, 2015
Sold by
Lee David E
Bought by
Oppenheimer Jeff R
Seller's Agent
Nancy Lee
Buyer's Agent
Lauren Courtney
List Price
$59,900
Sold Price
$48,900
Premium/Discount to List
-$11,000
-18.36%
Total Days on Market
319
Current Estimated Value
$242,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,327
Avg. Annual Appreciation
16.13%
Original Mortgage
$39,120
Interest Rate
3.85%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Oppenheimer Jeff R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oppenheimer Jeff R $160,000
Closed Oppenheimer Jeff R $180,000
Closed Oppenheimer Jeff R $136,000
Closed Oppernheimer Jeff R $19,624
Closed Oppenheimer Jeff R $39,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $48,900 -2.0% $78 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
08/01/2014 08/01/14 Price Changed $49,900 -16.7% $79 / Sq Ft
04/23/2014 04/23/14 For Sale $59,900 -- $95 / 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 $921 $158,400 $59,200 $99,200
2023 $954 $156,800 $59,200 $97,600
2022 $873 $141,600 $59,200 $82,400
2021 $515 $107,300 $38,600 $68,700
2020 $504 $109,400 $38,700 $70,700
2019 $318 $82,300 $24,500 $57,800
2018 $284 $72,400 $24,500 $47,900
2017 $222 $53,500 $24,500 $29,000
2016 $236 $53,400 $24,500 $28,900
2014 $479 $44,300 $24,500 $19,800
2013 $479 $44,300 $24,500 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21286997

MIBOR Broker Listing Cooperative®

APN: 55-04-11-200-004.000-022