NOT LISTED FOR SALE

425 Melody Ln New Castle, IN 47362

Estimated Value: $238,000 - $303,000

3 Beds
2 Baths
1,504 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $279,000 $186 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,548/month

20 Days on Market

Highlights

  • 3-Story Property
  • 3 Car Attached Garage
  • Living Room
  • Main Floor Bedroom
  • Patio
  • Central Air

About This Home

As of May 2023

Everything you're looking for with beautiful finishes, great location, and plenty of space. You'll fall in love with the beautiful, partially wooded neighborhood. This home features an attached three car garage. Walk in the front door and you'll notice the high end finishes throughout, including custom tile work throughout. The main floor features a large living room with fireplace, a custom kitchen with granite countertops, high end appliances, and tile backsplash. There is a large bedroom on this level, as well as a full bathroom. Upstairs are two more large bedrooms and another full bathroom with tile shower. Large windows throughout offer wonderful lighting. In the basement, you'll find a large recreational room or family room. Step outside onto the patio and enjoy the privacy, firepit, and ambiance. Truly one you must tour!

Last Agent to Sell the Property

Cara Huffman

FC Tucker/Crossroads Real Estate License #RB14039883 Listed on: 03/27/2023

FC Tucker/Crossroads Real Estate

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1963

Lot Details

  • 0.26

Parking

  • 3 Car Attached Garage

Home Design

  • 3-Story Property
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Gas Fireplace
  • Living Room
  • Finished Basement
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Schools

  • Henry County Elementary And Middle School
  • Henry County High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Water Softener Leased

Additional Features

  • Patio
  • 0.26 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,966

Year Built

Built in 1963

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 425 Melody Lane
  • Estimated Year Built: 1963
  • Estimated Basement Size: 448
  • Estimated Size Bedroom 1: 12x15
  • Bedroom 1 Comments: Carpeting
  • Directions: SR 3 to Cherry St. East on Cherry to Elliot. North on Elliot to Melody. East on Melody to property
  • E X E M P T: Homestead Credit, Mortgage
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, Other, VA
  • Geo Address Line: 425 Melody Ln
  • Geo Longitude: -85.380484
  • Geo Primary City: New Castle
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 15x22
  • Living Rm Comments: Carpeting
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: Ranch, Tri-Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range-Electric, Refrigerator, Washer/Dryer, Other
  • Bedroom 1 Level: M
  • Bedroom 2 Comments: Wood
  • Bedroom 3 Comments: Hardwood
  • Primary Bathroom: No
  • Kitchen Comments: Vinyl
  • Has Basement: Yes, Partial Basement, Finished
  • Basement Percentage Finished: 100
  • Estimated Size Bedroom 2: 15x11
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 10x15
  • Bedroom 3 Level: U
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Gas Burning
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 12x18
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Patio
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: Asphalt
  • Garage Capacity: 3
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Duke Energy
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Water Softener: Rented

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Henry County
  • High School: Henry County
  • Middle School: Henry County

Lot Info

  • Geo Update Timestamp: 2023-03-29
  • Estimated Number Acres: 0.26
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 24, 2023
Sold by
Plank Forrest D Kelly J
Bought by
Carlson David R Jeannette Lee
Seller's Agent
Cara Huffman
FC Tucker/Crossroads Real Estate
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$315,000
Sold Price
$279,000
Premium/Discount to List
-$36,000
-11.43%
Views
119
Current Estimated Value
$263,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,098
Avg. Annual Appreciation
-2.26%

Purchase Details

Listed on
Feb 11, 2017
Closed on
May 31, 2017
Sold by
Alcorn David and Alcorn Susan M
Bought by
Plank Forrest D and Plank Kelly J
Seller's Agent
Rebekah Hanna
NextHome Elite Real Estate
Buyer's Agent
Cara Huffman
F.C. Tucker/Crossroads Real Estate
List Price
$169,900
Sold Price
$173,000
Premium/Discount to List
$3,100
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$169,866
Interest Rate
4.37%
Mortgage Type
FHA
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
Carlson David R Jeannette Lee $279,000 Empire Title Services Inc
Plank Forrest D $173,000 Empire Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plank Forrest D $169,866
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2023 05/24/23 Sold $279,000 -3.8% $186 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $290,000 -3.3% $193 / Sq Ft
03/31/2023 03/31/23 Price Changed $299,900 -4.8% $199 / Sq Ft
03/27/2023 03/27/23 For Sale $315,000 +82.1% $209 / Sq Ft
05/31/2017 05/31/17 Sold $173,000 +1.8% $89 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $169,900 -1.8% $87 / Sq Ft
02/16/2017 02/16/17 Off Market $173,000 -- --
02/11/2017 02/11/17 For Sale $169,900 -- $87 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,966 $196,600 $21,000 $175,600
2023 $1,744 $174,400 $21,000 $153,400
2022 $1,509 $150,900 $16,800 $134,100
2021 $1,489 $148,900 $16,800 $132,100
2020 $1,940 $147,500 $29,400 $118,100
2019 $1,911 $144,600 $29,400 $115,200
2018 $1,883 $142,600 $29,400 $113,200
2017 $1,880 $142,100 $29,400 $112,700
2016 $1,854 $140,200 $29,400 $110,800
2014 $1,703 $131,300 $29,400 $101,900
2013 $1,703 $134,800 $29,400 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10045950

APN: 33-12-15-310-109.000-016