NOT LISTED FOR SALE

5 Colony Way Gas City, IN 46933

Estimated Value: $298,439 - $342,000

4 Beds
2.5 Baths
2,388 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $164,000 $69 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,943/month

165 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wood Flooring
  • Walk-In Pantry
  • Traditional Architecture
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of May 2017

Fantastic property located in a very desirable area in Gas City! This home features a back yard paradise including a Gazebo surrounded by decorative pond, extra two+ car detached garage, hot tub w/ pergola and patio, and completely fenced. Watch the Mississinewa football games from the back yard! 4 bedroom, 2.5 baths. Square footage includes a heated and finished bonus room from master suite. Entire first floor has new hardwood flooring, open concept living, dining area. Kitchen with all appliances, open bar area to family room and beautiful fireplace. Second floor master suite with updated master bath ,new paint , carpet and walk in closet. All bedrooms have been freshly painted and have new carpet. Main bath nicely updated with double sinks, bath shower combo, new paint, flooring. 2016 new roof, interior 6 panel doors all fresh paint, hardwood flooring 1st floor and upper hall,new elec panel. Entire yard plugged and reseeded.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1983

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 114 x 200
  • Property is Fully Fenced
  • Chain Link Fence
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry on main level

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 27-07-27-304-012.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1983
  • Age: 34
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 23-16-4436 LOT 3 REPLAT OF COLONY WOODS SEC 1
  • Parcel Number ID: 27-07-27-304-012.000-018
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Cable Available, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Disposal, Garage Door Opener, Home Warranty Included, Landscaped, Natural Woodwork, Pantry-Walk In, Patio Covered, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Wiring-Security System, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.53
  • Special Features: None

Interior Features

  • Total Sq Ft: 2388
  • Total Finished Sq Ft: 2388
  • Above Grade Finished Sq Ft: 2388
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 12x20, On Level: Main
  • Kitchen: Dimensions: 11x12, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Family Room: Dimensions: 13x16, On Level: Main
  • Extra Room: FOYER, Dimensions: 11x19, On Level: Upper
  • Bedroom 1: Dimensions: 12x17, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 11x12, On Level: Upper
  • Main Level Sq Ft: 999
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick, Cedar
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x30
  • Fence: Full, Chain Link
  • Outbuilding2: Shed, Dimensions: 13x12, 156

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x23
  • Garage Sq Ft: 506

Utilities

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

Schools

  • School District: Mississinewa Community School Corp.
  • Elementary School: Westview/Northview
  • Middle School: R J Basket
  • High School: Mississinewa

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 114 x 200
  • Estimated Lot Sq Ft: 23087
  • Estimated Lot Size Acres: 0.53

Tax Info

  • Annual Taxes: 1645.06
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Mcpherson Herbert A and Mcpherson Lauraine L
Bought by
Nicholson Nathan
Current Estimated Value
$319,146

Purchase Details

Listed on
Nov 26, 2016
Closed on
May 31, 2017
Sold by
Kelly Jack and Kelly Angelique
Bought by
Pherson Herbert A and Mcpherson Lauraine L
List Price
$205,000
Sold Price
$164,000
Premium/Discount to List
-$41,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$114,800
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2016
Closed on
May 26, 2017
Sold by
Kelly Jack
Bought by
Herbert Mcpherson Jr
List Price
$205,000
Sold Price
$164,000
Premium/Discount to List
-$41,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nicholson Nathan -- None Available
Mcpherson Herbert A -- None Available
Pherson Herbert A -- None Available
Herbert Mcpherson Jr $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Nathan $110,000
Previous Owner Pherson Herbert A $114,800
Previous Owner Kelly Jack $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $164,000 -20.0% $69 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
11/26/2016 11/26/16 For Sale $205,000 -- $86 / 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 $2,446 $244,600 $40,000 $204,600
2023 $2,689 $236,700 $40,000 $196,700
2022 $2,298 $205,800 $34,800 $171,000
2021 $3,616 $176,900 $34,800 $142,100
2020 $1,933 $173,400 $34,800 $138,600
2019 $1,955 $176,300 $34,800 $141,500
2018 $1,867 $164,700 $33,000 $131,700
2017 $1,689 $154,300 $33,000 $121,300
2016 $1,645 $152,000 $33,000 $119,000
2014 $1,656 $158,600 $36,700 $121,900
2013 $1,656 $155,100 $36,700 $118,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201653182

Indiana Regional MLS

APN: 27-07-27-304-012.000-018