NOT LISTED FOR SALE

506 Cherry Ln Gas City, IN 46933

Estimated Value: $226,000 - $241,000

4 Beds
2.5 Baths
1,700 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $129,900 $76 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,403/month

140 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Wood Flooring
  • Open Floorplan
  • Backs to Open Ground
  • Covered Patio or Porch

About This Home

As of January 2017

Great location in Gas City! This home has 4 bedrooms and 2.5 baths. Open concept kitchen, living and dining area. Split floor plan with master suite on one end and 3 guest rooms on the other end with private bath. Master bedroom has a large walk in closet, bath with make up area and plenty of storage. Nice utilty room area with extra sink and folding station that makes laundry a breeze. Kitchen has updated cabinets, counter tops, breakfast bar/island and comes fully equipped. The kitchen boast a corner sink overlooking the backyard. Sliding glass doors from the dining area lead to the back yard that offers a covered porch and a nice deck for entertaining. 2 car attached garage that is finished. Garage bay #1 is 13x20 and garage bay #2 is 15x21. This home offers plenty of closets and storage space. This home has been well taken care of and shows pride of ownership with newer windows, roof, garage addition, and kitchen.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 125x121
  • Backs to Open Ground
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 27-07-34-201-067.000-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOTS 22 & 23 GREEN MANOR S-DIV SEC 1.
  • Parcel Number ID: 27-07-34-201-067.000-018
  • Platted: Yes
  • Amenities: Breakfast Bar, Cable Available, Cable Ready, Ceiling Fan(s), Closet(s) Walk-in, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Open Floor Plan, Patio Covered, Porch Covered, Split Br Floor Plan, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Basement Foundation: Crawl
  • Flooring: Hardwood Floors, Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 15x23, On Level: Main
  • Kitchen: Dimensions: 16x20, On Level: Main
  • Bedroom 1: Dimensions: 12x16, On Level: Main
  • Bedroom 2: Dimensions: 9x11, On Level: Main
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 9x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Shed, Dimensions: 12x12

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: Vectren Energy
  • Cable Company: Brighthouse Networks
  • Laundry: Dimensions: 8xMain, On Level: 8

Schools

  • School District: Mississinewa Community School Corp.
  • Elementary School: Westview/Northview
  • Middle School: R J Basket
  • High School: Mississinewa

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 125x121
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35

Tax Info

  • Annual Taxes: 758.4
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2016
Closed on
Jan 31, 2017
Sold by
Good Connie J
Bought by
Coulter Chad E
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$234,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,622
Avg. Annual Appreciation
6.87%
Original Mortgage
$131,212
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2016
Closed on
Jan 30, 2017
Sold by
Good Connie J
Bought by
Coulter Chad E and Coulter Amber M
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,212
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Coulter Chad E $129,900 --
Coulter Chad E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coulter Chad $50,000
Closed Coulter Chad E $143,200
Closed Coulter Chad E $131,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $129,900 0.0% $76 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
08/16/2016 08/16/16 For Sale $129,900 -- $76 / 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 $1,850 $185,000 $27,600 $157,400
2023 $1,652 $165,200 $27,600 $137,600
2022 $1,418 $141,800 $24,000 $117,800
2021 $1,297 $129,700 $24,000 $105,700
2020 $1,184 $123,400 $24,000 $99,400
2019 $949 $109,400 $24,000 $85,400
2018 $833 $105,900 $22,100 $83,800
2017 $768 $102,700 $22,100 $80,600
2016 $769 $101,200 $22,100 $79,100
2014 $640 $102,400 $20,700 $81,700
2013 $640 $100,600 $20,700 $79,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201638284

Indiana Regional MLS

APN: 27-07-34-201-067.000-018