NOT LISTED FOR SALE

50542 King Richards Way Granger, IN 46530

Estimated Value: $412,000 - $445,000

4 Beds
2.5 Baths
2,884 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $382,500 $133 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,848/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Great Room
  • Horizon Elementary School Rated A
  • Corner Lot
  • Stone Countertops

About This Home

As of August 2022

Welcome to this two-story home in Granger’s enchanting Sherwood Forest. The floorplan features lots of spaces for entertaining, a kitchen that flows to the great room, a sun room, formal dining and living rooms, and main-level laundry. Your updated kitchen features granite countertops, newer stainless-steel appliances, and a large pantry. The upper level features four bedrooms including a large master suite with a nice en-suite bath and walk-in closet. The finished basement adds more space to entertain and features built-in speakers. Custom wainscoting, fresh paint, and new light fixtures throughout add touches of modern elegance to this already fantastic home. You will love the spacious yard, and you’ll have plenty of room for cars and toys with the three-car garage and shed. Your next home is in PHM’s top-notch Horizon Elementary and Discovery Middle School, near shopping, dining, and entertainment in Elkhart and Granger. Schedule your private showing today.

Last Agent to Sell the Property

Tim Burkey

eXp Realty, LLC Listed on: 07/07/2022

eXp Realty, LLC

Last Buyer's Agent

Megan Gouker

Brick Built Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,665

Year Built

  • Built in 1993

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned R Single Family Residential District

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Oven or Range
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Horizon Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Energy-Efficient Appliances
  • Suburban Location

Community Details

  • Sherwood Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-05-09-303-001.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,665

Year Built

Built in 1993

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1993
  • Age: 29
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: SHERWOOD FOREST SEC 3 LOT 50
  • Parcel Number ID: 71-05-09-303-001.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Garage Door Opener, Irrigation System, Landscaped, Range/Oven Hook Up Gas, Twin Sink Vanity, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb, Near College Campus
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 98.1
  • County Zoning: R Single Family Residential District
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3522
  • Total Finished Sq Ft: 2884
  • Above Grade Finished Sq Ft: 2404
  • Below Grade Finished Sq Ft: 480
  • Below Grade Sq Ft: 638
  • Price Per Sq Ft: 159.11
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Bedroom 1: Dimensions: 18x12, On Level: Upper
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 10x10, On Level: Upper
  • Main Level Sq Ft: 1286
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1118

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Shed, Dimensions: 10x12, 120

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x32
  • Garage Sq Ft: 704
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 50
  • Association Fees Frequency: Annually

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Horizon
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Horizon

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 108 × 150
  • Estimated Lot Sq Ft: 16200
  • Estimated Lot Size Acres: 0.372
  • Lot Number: 50

Green Features

  • Energy Efficient: Appliances
  • Energy Efficient Windows/Doors: Double Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 2664.88
  • Total Assessed Value: 288500
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Penn
  • Middle School: Discovery
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 25, 2022
Sold by
Butner Charles M
Bought by
Masters Amber N and Garcia-Holguin Ricardo J
Seller's Agent
Tim Burkey
eXp Realty, LLC
Buyer's Agent
Megan Gouker
Brick Built Real Estate
List Price
$409,900
Sold Price
$382,500
Premium/Discount to List
-$27,400
-6.68%
Views
1
Current Estimated Value
$434,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,064
Avg. Annual Appreciation
4.13%
Original Mortgage
$302,500
Outstanding Balance
$289,274
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$145,290

Purchase Details

Listed on
Aug 6, 2013
Closed on
Dec 6, 2013
Sold by
Wood Joe R
Bought by
Butner Charles M
Seller's Agent
Dawn Bolock
Coldwell Banker Real Estate Group
Buyer's Agent
Terri Parrish
Coldwell Banker Real Estate Group
List Price
$242,900
Sold Price
$228,500
Premium/Discount to List
-$14,400
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$217,075
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Wood Kelly
Bought by
Wood Joe R

Purchase Details

Closed on
Dec 20, 2011
Sold by
Wood Joe R
Bought by
Wood Joe R and Wood Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2006
Sold by
Grover Donald C and Grover Diane L
Bought by
Wood Joe R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Ash Michael James and Ash Patricia Ann
Bought by
Grover Donald C and Grover Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Masters Amber N -- Metropolitan Title
Butner Charles M -- --
Wood Joe R -- --
Wood Joe R -- Meridian Title Corp
Wood Joe R -- Meridian Title Corp
Grover Donald C -- Metropolitan Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masters Amber N $302,500
Previous Owner Butner Charles M $217,075
Previous Owner Wood Joe R $161,500
Previous Owner Wood Joe R $175,000
Previous Owner Grover Donald C $145,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2022 08/26/22 Sold $382,500 -1.9% $133 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $389,900 -4.9% $135 / Sq Ft
07/07/2022 07/07/22 For Sale $409,900 +79.4% $142 / Sq Ft
12/06/2013 12/06/13 Sold $228,500 -5.9% $74 / Sq Ft View Prior Sale
11/05/2013 11/05/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $242,900 -- $79 / 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 $6,456 $403,200 $67,500 $335,700
2023 $6,388 $361,700 $67,400 $294,300
2022 $3,304 $348,000 $67,400 $280,600
2021 $2,909 $288,500 $34,100 $254,400
2020 $2,665 $272,100 $32,200 $239,900
2019 $2,553 $261,700 $30,900 $230,800
2018 $2,307 $244,900 $27,800 $217,100
2017 $2,342 $239,900 $27,800 $212,100
2016 $2,211 $224,700 $27,800 $196,900
2014 $1,906 $194,900 $24,400 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202227719

Indiana Regional MLS

APN: 71-05-09-303-001.000-011