NOT LISTED FOR SALE

505 W Park Dr Edinburgh, IN 46124

Estimated Value: $182,000 - $223,683

3 Beds
1 Bath
1,525 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2021

Last sale price $135,000 $89 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,255 / mo

Highlights

  • Mature Trees
  • Ranch Style House
  • Outdoor Storage
  • Deck
  • Breakfast Room
  • Baseboard Heating

About This Home

As of January 2021

3 Bedroom and 1 bath Ranch home located in established neighborhood with mature trees. Enjoy the shade while relaxing on the deck in the large fenced-in backyard. Home has all the potential to make this space your own. Easy access to I-65 and US-31.

Last Agent to Sell the Property

Joseph Bontrager

1 Percent Lists Indiana Real Estate License #RB20001364 Listed on: 10/23/2020

Last Buyer's Agent

Bruce Richardson

Bruce Richardson Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1975

Lot Details

  • 13,743 Sq Ft Lot
  • Back Yard Fenced
  • Mature Trees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,525 Sq Ft Home
  • Electric Fireplace
  • Great Room with Fireplace
  • Breakfast Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • Meadow Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 411234043008000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1975

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1975
  • Garage Y N: No
  • Lot Size Acres: 0.3155
  • Subdivision Name: MEADOW VILLAGE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: 3 Bedroom and 1 bath Ranch home located in established neighborhood with mature trees. Enjoy the shade while relaxing on the deck in the large fenced-in backyard. Home has all the potential to make this space your own. Easy access to I-65 and US-31.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs
  • Living Area: 1525
  • Other Equipment: CO Detectors, Smoke Detector
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1525
  • Main Level Sq Ft: 1525
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1525
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Kitchen Some Updates,Pantry

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Guest Parking Premises

Utilities

  • Sewer: Sewer Connected
  • Cooling: Window Unit(s)
  • Heating: Baseboard, SpaceWallUnit
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411234043008000002
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 119
  • Lot Size: 13,743

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1030
  • Semi Annual Property Tax Amt: 515
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Edinburgh Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Jan 12, 2021
Sold by
Oltman Adam E and Oltman Jacqueline S
Bought by
Gerber Christian and Gerber Faith
Seller's Agent
Joseph Bontrager
1 Percent Lists Indiana Real Estate
Buyer's Agent
Bruce Richardson
Bruce Richardson Realty, LLC
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$201,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,671
Avg. Annual Appreciation
7.85%
Original Mortgage
$136,363
Outstanding Balance
$121,619
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$80,052

Purchase Details

Closed on
Apr 12, 2019
Sold by
Oltman Adam E and Oltman Jacqueline S
Bought by
Oltman Adam E and Oltman Jacqueline S

Purchase Details

Closed on
Feb 11, 2008
Sold by
Chase Home Finance Llc
Bought by
Oltman Adam E and Hebble Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2007
Sold by
Kelley Sean D
Bought by
Chase Bank Home Finance Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerber Christian $135,000 Chicago Title
Oltman Adam E -- Royal Title Services
Oltman Adam E -- None Available
Chase Bank Home Finance Llc $71,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Christian $136,363
Previous Owner Oltman Adam E $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $135,000 +3.9% $89 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $129,900 -- $85 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,220 $205,700 $21,100 $184,600
2024 $2,265 $193,300 $21,100 $172,200
2023 $2,030 $172,500 $21,100 $151,400
2022 $1,798 $154,200 $21,100 $133,100
2021 $1,171 $115,300 $17,100 $98,200
2020 $1,099 $108,100 $15,400 $92,700
2019 $1,030 $101,000 $15,400 $85,600
2018 $881 $88,100 $15,400 $72,700
2017 $863 $84,500 $15,400 $69,100
2016 $872 $83,100 $19,500 $63,600
2014 $879 $85,900 $19,500 $66,400
2013 $879 $82,000 $21,200 $60,800
Source: Public Records

Agents Affiliated with this Home

  • Joseph Bontrager

    Seller's Agent in 2021

    Joseph Bontrager

    1 Percent Lists Indiana Real Estate

    (317) 448-7064

    38 Total Sales

    Joseph Bontrager
    Section Image

  • B

    Buyer's Agent in 2021

    Bruce Richardson

    Bruce Richardson Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21744601

MIBOR Broker Listing Cooperative®

APN: 41-12-34-043-008.000-002

Indiana Johnson County Edinburgh 46124

505 W Park Dr, Edinburgh, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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