NOT LISTED FOR SALE

503 Horizon Dr Middlebury, IN 46540

Estimated Value: $358,000 - $414,000

5 Beds
3 Baths
3,124 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $225,000 $72 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,416/month

25 Days on Market

Highlights

  • Above Ground Pool
  • Primary Bedroom Suite
  • Ranch Style House
  • Middlebury Elementary School Rated A-
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of August 2015

Wow! Do NOT just drive by this home. 5 Bed, 3 Bath Ranch with a Walkout Basement. This home has a great layout and an amazing Master Suite. Basement is highlighted by a Theater room, and 2 bedrooms with a dinette. The kids will love you! Garage is 29x29 and has room for 2 cars and several toys. Outside is the pool with surround decking, and behind the home is access to a city maintained walking path which leads to the Pumpkinvine Trail! This home sits at the highest point in Rolling Meadows, which is fitting because it is the pinnacle of living in this quiet and welcoming neighborhood. Recently New/Remodeled Water Heater, Bathroom, Kitchen, Pool Pump, Fridge, Wood Flooring. Seller might be willing to provide home furnishing to the right buyer!

Last Agent to Sell the Property

Nicolas Wyse

RE/MAX Results-Goshen Listed on: 05/25/2015

RE/MAX Results-Goshen

Last Buyer's Agent

Annette Shively

Orizon Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Backs to Open Ground
  • Irregular Lot
  • Sloped Lot
  • Irrigation

Parking

  • 2.5 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Disposal
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Above Ground Pool
  • Suburban Location

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 20-08-15-103-025.000-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 10
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: ROLLING MEADOWS 7TH LOT 111
  • Parcel Number ID: 20-08-15-103-025.000-035
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Built-In Home Theatre, Cable Available, Cable Ready, Disposal, Irrigation System, Open Floor Plan, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Dogwood
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 86.57
  • Special Features: None

Interior Features

  • Total Sq Ft: 3248
  • Total Finished Sq Ft: 3124
  • Above Grade Finished Sq Ft: 1624
  • Below Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 124
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Bedroom 1: Dimensions: 14x16, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 10x12, On Level: Lower
  • Bedroom 5: Dimensions: 10x12, On Level: Lower
  • Main Level Sq Ft: 1624
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1624

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Pool: Above Ground
  • Pool: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 29x29
  • Garage Sq Ft: 841

Utilities

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

Schools

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

Lot Info

  • Lot Description: Irregular, Slope, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31
  • Lot Number: 111
  • Zoning: R1 - Single Family Residential

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 1673.98
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Aug 7, 2015
Sold by
Ordway Christopher L and Ordway Jessica D
Bought by
Blankenship Mitchell A and Blankenship Liz C
Seller's Agent
Nicolas Wyse
RE/MAX Results-Goshen
Buyer's Agent
Annette Shively
Orizon Real Estate, Inc.
List Price
$274,900
Sold Price
$225,000
Premium/Discount to List
-$49,900
-18.15%
Current Estimated Value
$386,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,580
Avg. Annual Appreciation
5.53%
Original Mortgage
$220,924
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2006
Sold by
Miller Keith
Bought by
Ordway Christopher L and Ordway Jessica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
8.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 24, 2005
Sold by
Rogers James L and Rogers Beverly J
Bought by
Miller Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
5.88%
Mortgage Type
Unknown
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
Blankenship Mitchell A -- Metropolitan Title
Ordway Christopher L -- Meridian Title Corp
Miller Keith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Liz C $222,107
Closed Blankenship Mitchell A $220,924
Previous Owner Ordway Christopher L $138,400
Previous Owner Ordway Christopher L $34,600
Previous Owner Miller Keith $129,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $225,000 -18.2% $72 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $274,900 -- $88 / 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 $3,771 $384,300 $18,900 $365,400
2022 $3,771 $328,500 $18,900 $309,600
2021 $3,116 $299,700 $18,900 $280,800
2020 $3,035 $292,200 $18,900 $273,300
2019 $2,764 $266,500 $18,900 $247,600
2018 $2,487 $240,100 $18,900 $221,200
2017 $2,306 $221,300 $18,900 $202,400
2016 $2,392 $229,300 $18,900 $210,400
2014 $1,674 $167,400 $18,900 $148,500
2013 $1,674 $167,400 $18,900 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201523725

Indiana Regional MLS

APN: 20-08-15-103-025.000-035