NOT LISTED FOR SALE

503 Summit St Monroeville, IN 46773

Estimated Value: $111,000 - $155,000

3 Beds
1 Bath
1,150 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 27, 2016

Last sale price $62,500 $54 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $773/month

21 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Picket Fence
  • Cape Cod Architecture
  • Wood Flooring
  • 4-minute walk to Monroeville Ball Park Playground

About This Home

As of March 2016

Come check out this fantastic new listing in Monroeville Indiana! This spacious feeling cape cod has been totally updated on the inside. Featuring an updated large eat in kitchen with hardwood flooring. This home also has a dedicated laundry room on the main floor with room for a little extra storage. In the rear of the house there is a nice sized mud room that could fit many different needs. The location of this house works perfect for kids. There is a park within walking distance with plenty of room to play. The detached garage would make the perfect work shop. It has been insulated and is ready to be used for whatever purpose the new owner sees fit. The fenced in back yard is also great if you have fur babies. Make your appointment to check out this new listing today!

Last Agent to Sell the Property

Justin Heffernan

Heffernan Properties Corp. Listed on: 01/25/2016

Last Buyer's Agent

Courtney Bontempo

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $209

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48 x 116
  • Backs to Open Ground
  • Picket Fence
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Storage In Attic
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-20-18-432-013.000-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$209

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 116
  • Style: One and Half Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: FAIRVIEW LOT 7
  • Parcel Number ID: 02-20-18-432-013.000-056
  • Platted: Yes
  • Amenities: Attic Storage, Ceiling Fan(s), Dryer Hook Up Electric, Open Floor Plan, Range/Oven Hook Up Elec, Split Br Floor Plan, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 91.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 1150
  • Total Finished Sq Ft: 1150
  • Above Grade Finished Sq Ft: 1150
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet
  • Living Great Room: Dimensions: 14x14, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Extra Room: Mud room, Dimensions: 11x8, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Upper
  • Bedroom 3: Dimensions: 15x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Picket

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x24
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 7xMain, On Level: 5

Schools

  • School District: East Allen County
  • Elementary School: Heritage
  • Middle School: Heritage
  • High School: Heritage

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 48 x 116
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 209
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Spieth Gregg R and Spieth Shelley R
Bought by
Spieth Holdings Llc-S 503 Summit Series
Current Estimated Value
$131,434

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 28, 2016
Sold by
Love Erin
Bought by
Spieth Gregg R and Spieth Shelley R
Seller's Agent
Justin Heffernan
Heffernan Properties Corp.
Buyer's Agent
Courtney Bontempo
North Eastern Group Realty
List Price
$68,000
Sold Price
$62,500
Premium/Discount to List
-$5,500
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$46,850
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Schlemmer Joshua
Bought by
Love Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,835
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schlemmer Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,868
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2003
Sold by
Abn Amro Mortgage Group Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2003
Sold by
Gillenwater Chad E and Gillenwater Leslie D
Bought by
Abn Amro Mortgage Group Inc
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
Spieth Holdings Llc-S 503 Summit Series -- None Listed On Document
Spieth Gregg R -- Trademark Title
Love Erin -- None Available
Schlemmer Joshua -- Three Rivers Title Co Inc
Federal Home Loan Mortgage Corporation -- --
Abn Amro Mortgage Group Inc $51,328 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spieth Gregg R $46,850
Previous Owner Love Erin $53,835
Previous Owner Schlemmer Joshua $34,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2016 03/27/16 Sold $62,500 -8.1% $54 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $68,000 -- $59 / 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 $907 $58,800 $8,600 $50,200
2022 $798 $39,900 $3,600 $36,300
2021 $840 $42,000 $4,400 $37,600
2020 $794 $39,700 $4,900 $34,800
2019 $731 $36,300 $4,900 $31,400
2018 $663 $32,900 $5,000 $27,900
2017 $645 $32,000 $5,400 $26,600
2016 $236 $43,300 $7,300 $36,000
2014 $194 $39,600 $7,300 $32,300
2013 $226 $44,600 $7,200 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201602766

Indiana Regional MLS

APN: 02-20-18-432-013.000-056