NOT LISTED FOR SALE

4550 N County Road 500 E Albany, IN 47320

Estimated Value: $519,000 - $570,000

4 Beds
2.5 Baths
3,407 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $393,000 $115 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,278/month

65 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Walk-In Closet
  • Selma Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Welcome to this charming brick home! You're invited into the foyer leading to an extravagant masonry gas fireplace in the living room with large windows overlooking 9.99 acres of yard. Then, a spacious kitchen with eat-in dining and a breakfast bar. Off the kitchen is formal dining and down the hall you'll find a half bath and laundry room. This main-level master suite is what dreams are made of with a loft to add additional square footage, a walk-in closet, garden tub, double sink vanity, and shower. At the top of the stairs is a sitting area before you enter into two bedrooms, a full bath, and bonus room (or fourth bedroom) that extends over the length of the attached 2 car garage. 40x64 pole barn. “10 minutes from Muncie Mall”

Last Agent to Sell the Property

Alexandra Armstrong

ERA Integrity License #RB18001190 Listed on: 07/29/2020

Last Buyer's Agent

Dan MacDonald

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1996

Lot Details

  • 9.99 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 180833100004000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1996
  • Garage Y N: Yes
  • Lot Size Acres: 9.99
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome to this charming brick home! You're invited into the foyer leading to an extravagant masonry gas fireplace in the living room with large windows overlooking 9.99 acres of yard. Then, a spacious kitchen with eat-in dining and a breakfast bar. Off the kitchen is formal dining and down the hall you'll find a half bath and laundry room. This main-level master suite is what dreams are made of with a loft to add additional square footage, a walk-in closet, garden tub, double sink vanity, and shower. At the top of the stairs is a sitting area before you enter into two bedrooms, a full bath, and bonus room (or fourth bedroom) that extends over the length of the attached 2 car garage. 40x64 pole barn. “10 minutes from Muncie Mall”
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s)
  • Living Area: 3407
  • Other Equipment: Sump Pump, Water-Softener Owned
  • Room Count: 8
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3407
  • Main Level Sq Ft: 2855
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3407
  • Kitchen Features: Breakfast Bar,Kitchen Eat In
  • Upper Level Sq Ft: 552

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 389900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 625

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 180833100004000010
  • Acres: 5-10 Acres
  • Lot Number: x
  • Lot Size: 435,164

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2300
  • Semi Annual Property Tax Amt: 1150
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Liberty-Perry Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Nov 25, 2020
Sold by
Petty John E and Petty Traci D
Bought by
Koons Joshua I and Koons Aubrey L
Seller's Agent
Alexandra Armstrong
ERA Integrity
Buyer's Agent
Dan MacDonald
List Price
$389,900
Sold Price
$393,000
Premium/Discount to List
$3,100
0.8%
Current Estimated Value
$550,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,398
Avg. Annual Appreciation
6.17%
Original Mortgage
$314,400
Outstanding Balance
$281,045
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$240,842
Source: Public Records

Range of Values:

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List 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
Koons Joshua I -- Atlantis Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koons Joshua I $314,400
Previous Owner Petty John E $230,600
Previous Owner Petty John E $115,000
Previous Owner Petty John E $60,000
Previous Owner Petty John E $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $393,000 +0.8% $115 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $389,900 0.0% $114 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $389,900 -- $114 / 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 $3,347 $394,700 $63,800 $330,900
2023 $3,191 $359,300 $63,800 $295,500
2022 $3,337 $346,100 $63,800 $282,300
2021 $2,981 $294,300 $47,900 $246,400
2020 $2,806 $262,300 $47,900 $214,400
2019 $2,543 $250,000 $45,600 $204,400
2018 $2,384 $245,600 $43,400 $202,200
2017 $1,806 $209,300 $33,500 $175,800
2016 $1,673 $200,400 $33,500 $166,900
2014 $1,838 $209,600 $34,200 $175,400
2013 -- $228,800 $38,000 $190,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alexandra Armstrong

    ERA Integrity

  • D

    Buyer's Agent in 2020

    Dan MacDonald

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21728767

MIBOR Broker Listing Cooperative®

APN: 18-08-33-100-004.000-010

Indiana Delaware County Albany 47320

4550 N County Road 500 E, Albany, IN

This home is located at 4550 N County Road 500 E, Albany, IN 47320 since 29 July 2020 and is currently estimated at $550,398, approximately $161 per square foot. This property was built in 1996. 4550 N County Road 500 E is a home located in Delaware County with nearby schools including Selma Elementary School, Selma Middle School, and Wapahani High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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