NOT LISTED FOR SALE

501 E Spring St Middlebury, IN 46540

Estimated Value: $284,439 - $303,000

4 Beds
2 Baths
2,468 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $152,000 $62 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,826/month

244 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Covered patio or porch
  • Middlebury Elementary School Rated A-
  • Ranch Style House
  • Formal Dining Room

About This Home

As of April 2016

Impeccable older Brick exterior home in the southeast part of Middlebury. 4 Bedrooms 2 baths , Kitchen with breakfast nook, Formal Dining, Large Living with fireplace that has a electric insert, Foyer entrance, 2 large storage rooms in Basement with a large partially finished family room and 2nd kitchen. 2 car attached garage is 24 x 24 and it has a covered 8 x 24 patio plus there is a deck just off the breakfast nook. All on 3 parcels that add up to 200' frontage x 100' deep. Beautifully landscaped and irrigated lawn. A great deal of tender loving care is evident here.

Last Listed By

Stan Miller

Hallmark Excellence Realty Listed on: 07/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1965

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200 x 100
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • 3 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 20-08-10-477-005.000-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Age: 51
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 1ST ADD TO KRIDER NURSERIES INC E1/2 LOT28; EX E1/2 LOT28; LOT 27
  • Parcel Number ID: 20-08-10-477-005.000-035
  • Platted: Yes
  • Amenities: Countertops-Laminate, Foyer Entry, Garage Door Opener, Landscaped, Patio Covered, Twin Sink Vanity, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Sump Pump
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 200810477004035
  • Sp Lp Percent: 95.06
  • Special Features: None

Interior Features

  • Total Sq Ft: 3368
  • Total Finished Sq Ft: 2468
  • Above Grade Finished Sq Ft: 1684
  • Below Grade Finished Sq Ft: 784
  • Below Grade Sq Ft: 900
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Fireplace: Living/Great Rm
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x21, On Level: Main
  • Kitchen: Dimensions: 10x16, On Level: Main
  • Dining Room: Dimensions: 10x14, On Level: Main
  • Family Room: Dimensions: 28x28, On Level: Lower
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 8x9, On Level: Main
  • Bedroom 3: Dimensions: 11x13, On Level: Main
  • Bedroom 4: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1684

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: Garden Shed, Dimensions: 10x14, 140

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Hvac: High Efficiency Furnace
  • Well Type: Private

Schools

  • School District: Middlebury Community Schools
  • Elementary School: Middlebury
  • Middle School: Heritage
  • High School: Northridge

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 200 x 100
  • Estimated Lot Sq Ft: 20038
  • Estimated Lot Size Acres: 0.46

Green Features

  • Energy Efficient: HVAC
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1799.82
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2015
Closed on
Apr 29, 2016
Sold by
James Loreta U and Miller Larry Dean
Bought by
Garberick Ii Joseph R
Seller's Agent
Stan Miller
Hallmark Excellence Realty
List Price
$170,000
Sold Price
$152,000
Premium/Discount to List
-$18,000
-10.59%
Total Days on Market
244
Current Estimated Value
$292,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,860
Avg. Annual Appreciation
6.87%
Original Mortgage
$35,000
Outstanding Balance
$17,182
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$259,989

Purchase Details

Closed on
Apr 16, 2004
Sold by
Miller Larry Dean
Bought by
Miller Larry Dean and Miller Loreta U

Range of Values:

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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
Garberick Ii Joseph R -- Hamilton National Title Llc
Miller Larry Dean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garberick Ii Joseph R $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $152,000 -10.6% $62 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
07/25/2015 07/25/15 For Sale $170,000 -- $69 / 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 $2,426 $266,000 $41,300 $224,700
2022 $2,426 $216,800 $41,300 $175,500
2021 $2,010 $199,000 $41,300 $157,700
2020 $1,838 $181,900 $41,300 $140,600
2019 $1,642 $162,400 $20,700 $141,700
2018 $1,479 $146,300 $20,700 $125,600
2017 $1,394 $137,900 $20,700 $117,200
2016 $1,333 $131,800 $20,700 $111,100
2014 $1,229 $121,700 $20,700 $101,000
2013 $1,231 $121,700 $20,700 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201535315

Indiana Regional MLS

APN: 20-08-10-477-005.000-035