NOT LISTED FOR SALE

503 E Spring St Middlebury, IN 46540

Estimated Value: $291,000 - $309,000

5 Beds
2 Baths
2,150 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 15, 2015

Last sale price $172,500 $80 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,871/month

100 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Middlebury Elementary School Rated A-

About This Home

As of October 2015

NEW to the market! Come see this spacious five bedroom home located in a quiet Middlebury neighborhood, situated near the Riverbend Park nature trail. The property is beautifully landscaped, and boasts a covered porch and enclosed gazebo with electric. Main level bedroom with walk-in closet. Laundry room and full bath are just steps away! Upstairs are four more bedrooms (one currently used as a closet) with nice hardwood floors. A full bath completes the second floor. Full basement ideal for storage. Call today for your personal tour!

Leah Hudson

RE/MAX 100 Listed on: 06/01/2015

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1968

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Suburban Location

Schools

  • Middlebury Elementary School
  • Heritage Middle School
  • Northridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 20-08-10-477-006.000-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,723

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1968
  • Age: 47
  • Style: Two Story
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 1ST ADD TO KRIDER NURSERIES; INC LOT 26 | 1ST ADD TO KRIDER NURSERIES; INC LOT 25
  • Parcel Number ID: 20-08-10-477-006.000-035
  • Platted: Yes
  • Location: City/Town/Suburb
  • Parcel Id2: 200810477007000035
  • Sp Lp Percent: 98.63
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2918
  • Total Finished Sq Ft: 2150
  • Above Grade Finished Sq Ft: 2150
  • Below Grade Sq Ft: 768
  • Price Per Sq Ft: 80.23
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 12x22, On Level: Main
  • Kitchen: Dimensions: 11x23, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Family Room: Dimensions: 16x16, On Level: Main
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Upper
  • Bedroom 3: Dimensions: 10x15, On Level: Upper
  • Bedroom 4: Dimensions: 12x18, On Level: Upper
  • Bedroom 5: Dimensions: 10x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 768

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x40
  • Garage Sq Ft: 960
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx7, On Level: 6

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 100x100, 55x100
  • Estimated Lot Sq Ft: 15682
  • Estimated Lot Size Acres: 0.36

Tax Info

  • Annual Taxes: 1722.52

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Oct 15, 2015
Sold by
Raymond Gregory A and Raymond Phyllis E
Bought by
Deluca Timothy O and Deluca Ruth E
Buyer's Agent
Leah Hudson
RE/MAX 100
List Price
$174,900
Sold Price
$172,500
Premium/Discount to List
-$2,400
-1.37%
Total Days on Market
100
Current Estimated Value
$298,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,310
Avg. Annual Appreciation
5.76%
Original Mortgage
$163,875
Interest Rate
3.91%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Deluca Timothy O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Timothy D $127,178
Closed Deluca Timothy O $145,000
Closed Deluca Timothy O $163,875
Previous Owner Raymond Gregory A $49,695
Previous Owner Raymond Gregory A $48,000
Previous Owner Raymond Gregory A $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2015 10/15/15 Sold $172,500 -1.4% $80 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $174,900 -- $81 / 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 $2,562 $286,500 $22,100 $264,400
2022 $2,562 $228,700 $22,100 $206,600
2021 $2,056 $205,600 $22,100 $183,500
2020 $1,856 $185,600 $22,100 $163,500
2019 $1,869 $186,900 $22,100 $164,800
2018 $1,789 $178,900 $20,700 $158,200
2017 $1,687 $168,700 $20,700 $148,000
2016 $1,634 $163,400 $20,700 $142,700
2014 $1,385 $138,500 $20,700 $117,800
2013 $1,385 $138,500 $20,700 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201525119

Indiana Regional MLS

APN: 20-08-10-477-006.000-035