NOT LISTED FOR SALE

401 Melody Ln New Castle, IN 47362

Estimated Value: $232,000 - $335,000

4 Beds
2 Baths
2,036 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $177,000 $87 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,582/month

28 Days on Market

Highlights

  • 0.54 Acre Lot
  • 1 Fireplace
  • Laundry closet
  • Ranch Style House
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

You will love this updated home in this beautiful, quiet neighborhood! Per seller, updates include: new windows, new electrical w/200 amp service, new kitchen cabinets, counter tops, appliances, new lighting, new flooring throughout the home, all new bathrooms, new entry door w/high security storm door, new garage door and opener, new water heater, new ac (2015), and brand new roof (April 2017). dining is open to the family room allowing for either one huge dining room, or 2 separate spaces.

Last Agent to Sell the Property

Rebekah Hanna

NextHome Elite Real Estate License #RB14034682 Listed on: 05/16/2017

NextHome Elite Real Estate

Last Buyer's Agent

Jon Kindred

F.C. Tucker/Crossroads Real Estate

F.C. Tucker/Crossroads Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1965

Lot Details

  • 0.54

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,036 Sq Ft Home
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.54 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 331215310102000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1965

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: 1965
  • Garage Y N: Yes
  • Lot Size Acres: 0.5385
  • Subdivision Name: BUNGALOW PARK
  • Inspection Warranties: Not Applicable
  • Property Description: You will love this updated home in this beautiful, quiet neighborhood! Per seller, updates include: new windows, new electrical w/200 amp service, new kitchen cabinets, counter tops, appliances, new lighting, new flooring throughout the home, all new bathrooms, new entry door w/high security storm door, new garage door and opener, new water heater, new ac (2015), and brand new roof (April 2017). dining is open to the family room allowing for either one huge dining room, or 2 separate spaces.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Microwave,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Electric,Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 2036
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Areas Interior: Laundry Closet
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2036
  • Main Level Sq Ft: 2036
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 2036
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

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

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 331215310102000016
  • Acres: 1/2-1 Acre
  • Lot Number: 69-70-71
  • Lot Size: 23,457

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1420
  • Semi Annual Property Tax Amt: 710
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: New Castle Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Aug 21, 2017
Sold by
Turner Jack I
Bought by
Gentry
Seller's Agent
Rebekah Hanna
NextHome Elite Real Estate
Buyer's Agent
Jon Kindred
F.C. Tucker/Crossroads Real Estate
List Price
$174,900
Sold Price
$177,000
Premium/Discount to List
$2,100
1.2%
Current Estimated Value
$271,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,870
Avg. Annual Appreciation
5.38%
Original Mortgage
$173,794
Outstanding Balance
$147,265
Interest Rate
4.55%
Mortgage Type
FHA
Estimated Equity
$124,605

Purchase Details

Closed on
Feb 24, 2011
Sold by
Fannie Mae
Bought by
Turner Jack I

Purchase Details

Closed on
Nov 23, 2009
Sold by
Thrasher Thomas W
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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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
Gentry $177,000 --
Gentry Joshua B $177,000 Empire Title Services
Turner Jack I -- Statewide Title Company
Federal National Mortgage Association $137,708 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Joshua B $173,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $177,000 +1.2% $87 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $174,900 -- $86 / 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 $1,904 $190,400 $40,400 $150,000
2023 $1,714 $171,400 $40,400 $131,000
2022 $1,462 $146,900 $32,300 $114,600
2021 $1,440 $144,700 $32,300 $112,400
2020 $1,472 $140,700 $31,800 $108,900
2019 $1,445 $138,000 $31,800 $106,200
2018 $1,440 $136,200 $31,800 $104,400
2017 $1,435 $135,700 $31,800 $103,900
2016 $1,420 $134,200 $31,800 $102,400
2014 $1,368 $137,400 $31,800 $105,600
2013 $1,368 $132,500 $31,800 $100,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21486075

MIBOR Broker Listing Cooperative®

APN: 33-12-15-310-102.000-016