NOT LISTED FOR SALE

406 Meridian Ave Monroe, IN 46772

Estimated Value: $280,000 - $347,644

4 Beds
4 Baths
5,012 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $228,000 $45 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,988/month

35 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • 1 Fireplace
  • Adams Central Middle School Rated A-
  • Whirlpool Bathtub
  • Covered patio or porch

About This Home

As of February 2024

Real Estate Public Auction: Thursday, February 15, 2024, at 6PM | 4BR · 4BA · Finished Basement · 3 Car Attached Garage · Corner Lot · Wooden Deck · Tons of closet storage | Rural living but with a small commute to Fort Wayne, Muncie, Portland, Geneva!! Experience the benefits of living in a small town plus a great school system | In-Law Suite/Office - 1 Bedroom, 1 Bathroom and Combo Living + Kitchen Area (522 SF) | Fields just outside of your backyard but the comforts of a larger city a small drive away! City park with playground a block away! | The price stated on this property is the assessed value. This property may sell for more or less than the assessed value, depending on the outcome of the auction bidding. $20,000 down day of the auction. Buyer(s) to pay winning accepted bid price plus a 2.5% buyer's premium (2.5% of winning bid) due at closing. 40 days to close. Property sold subject to Owner confirmation. To see all terms and photos, please visit our website.

Last Agent to Sell the Property

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 01/16/2024

Last Buyer's Agent

Tim McCulloch

Scheerer McCulloch Real Estate Listed on: 01/16/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1997

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 125x135
  • Picket Fence
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Asphalt
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • 1 Bathroom in Basement

Schools

  • Adams Central Elementary And Middle School
  • Adams Central High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • Hiltys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-08-04-204-037.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,089

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1997
  • Age: 27
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: HILTY'S 1ST ADD LOT 18
  • Parcel Number ID: 01-08-04-204-037.000-011
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Dryer Hook Up Electric, Dryer Hook Up Gas, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Jet Tub, Guest Quarters, Pocket Doors, Porch Covered, Range/Oven Hook Up Gas, Six Panel Doors, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Sump Pump, Custom Cabinetry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: Auction
  • Stories: 2

Interior Features

  • Total Sq Ft: 6086
  • Total Finished Sq Ft: 5012
  • Above Grade Finished Sq Ft: 3623
  • Below Grade Finished Sq Ft: 1389
  • Below Grade Sq Ft: 1074
  • Price Per Sq Ft: 62.93
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: Den
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 14x24, On Level: Main
  • Dining Room: Dimensions: 14x23, On Level: Main
  • Den: Dimensions: 12x12, On Level: Main
  • Extra Room: Dimensions: 15x16, On Level: Main
  • Bedroom 1: Dimensions: 15x18, On Level: Main
  • Bedroom 2: Dimensions: 10x13, On Level: Upper
  • Bedroom 3: Dimensions: 10x14, On Level: Upper
  • Bedroom 4: Dimensions: 10x14, On Level: Upper
  • Other Room1: Dimensions: 13x14, On Level: Basement
  • Other Room 2: Dimensions: 11x31, On Level: Basement
  • Other Room 3: Dimensions: 15x18, On Level: Basement
  • Loft: Dimensions: 23x25, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 2463

Exterior Features

  • Exterior: Asphalt, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Picket

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x38
  • Garage Sq Ft: 912
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Adams Central
  • Elementary School: Adams Central
  • Middle School: Adams Central
  • High School: Adams Central
  • Elementary School: Adams Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125x135
  • Estimated Lot Sq Ft: 16988
  • Estimated Lot Size Acres: 0.39

Tax Info

  • Annual Taxes: 3089

MLS Schools

  • High School: Adams Central
  • Middle School: Adams Central
  • School District: Adams Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Wcc Properties Llc
Bought by
Schumm Kate M
Current Estimated Value
$309,661

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 28, 2024
Sold by
Winans-Rauch Marie A
Bought by
Wcc Properties Llc
Seller's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
Buyer's Agent
Tim McCulloch
Scheerer McCulloch Real Estate
List Price
$311,100
Sold Price
$228,000
Premium/Discount to List
-$83,100
-26.71%
Views
542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%
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
Schumm Kate M $269,000 Trademark Title, Inc
Wcc Properties Llc $228,000 Metropolitan Title Of Indiana
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $228,000 -26.7% $45 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $311,100 -- $62 / Sq Ft
Source: Indiana Regional MLS

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 $3,237 $321,700 $42,900 $278,800
2023 $3,137 $311,100 $42,900 $268,200
2022 $3,109 $309,300 $42,900 $266,400
2021 $2,910 $291,400 $41,000 $250,400
2020 $2,885 $286,900 $41,000 $245,900
2019 $2,566 $264,500 $41,000 $223,500
2018 $2,484 $253,400 $41,000 $212,400
2017 $2,331 $243,000 $35,400 $207,600
2016 $1,998 $246,000 $35,400 $210,600
2014 $1,942 $243,700 $35,400 $208,300
2013 $2,439 $248,500 $35,400 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202401623

Indiana Regional MLS

APN: 01-08-04-204-037.000-011