NOT LISTED FOR SALE

506 Memorial Dr Edinburgh, IN 46124

Estimated Value: $159,000 - $174,793

2 Beds
1 Bath
950 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $140,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,021/month

3 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Shed
  • 1 Car Attached Garage
  • Woodwork
  • Combination Kitchen and Dining Room

About This Home

As of April 2022

Spacious 2 bed 1 bath home close to highway 31 in Edinburgh. Home offers large bedrooms and a one car attached garage. New in the past 4 years include: tub surround, garage door opener, and added insulation in the attic. Outside is a partially fenced yard, storage shed and concrete driveway. Come take a look at this one. Immediate possession.

Last Agent to Sell the Property

Alex Bare

RE/MAX Professionals Listed on: 03/21/2022

RE/MAX Professionals

Last Buyer's Agent

Susan Apple

Acup Team, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1965

Lot Details

  • 10,681 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 950 Sq Ft Home
  • Woodwork
  • Combination Kitchen and Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Prosser Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 411233044065000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1965
  • Building Area Total: 950
  • Garage Y N: Yes
  • Lot Size Acres: 0.2452
  • Subdivision Name: PROSSER ADDITION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Wood Work Painted
  • Other Equipment: Not Applicable
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 950
  • Main Level Sq Ft: 950
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Storage, Driveway Concrete, Fence Full Rear
  • Foundation Details: Slab
  • List Price: 139900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Wall Unit(s), None
  • Heating: Baseboard
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 411233044065000002
  • Acres: <1/4 Acre
  • Lot Number: 21
  • Lot Size: 10,681

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 574
  • Semi Annual Property Tax Amt: 287
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Edinburgh Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 29, 2022
Sold by
Lee Brian W
Bought by
Freeman Robert Lance
Seller's Agent
Alex Bare
RE/MAX Professionals
Buyer's Agent
Susan Apple
Acup Team, LLC
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%
Current Estimated Value
$166,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,698
Avg. Annual Appreciation
6.47%
Original Mortgage
$142,693
Outstanding Balance
$135,585
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$36,695

Purchase Details

Listed on
Mar 28, 2018
Closed on
Aug 22, 2018
Sold by
Adair Maxine
Bought by
Lee Brian W
Seller's Agent
Justin Lollar
Family Tree Realty, LLC
Buyer's Agent
Carrie Jury-Britt
Hometown Pro Realty LLC
List Price
$75,500
Sold Price
$59,900
Premium/Discount to List
-$15,600
-20.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.87%
Original Mortgage
$60,505
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2013
Sold by
Douglas F Cox Sheriff
Bought by
Federal Home Loan Morgage Corp

Purchase Details

Closed on
Nov 30, 2007
Sold by
Garcia Rogelio and Garcia Rogello
Bought by
Ayers William J and Ayers Charity A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2005
Sold by
Fannie Mae
Bought by
Garcia Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2005
Sold by
Irwin Union Bank And Trust Co
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2005
Sold by
Hammonds Steven N
Bought by
Irwin Union Bank And Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Freeman Robert Lance $140,000 Chicago Title
Lee Brian W -- First American Title
Federal Home Loan Morgage Corp $70,000 --
Ayers William J -- None Available
Garcia Rogelio -- Ctic
Federal National Mortgage Association -- Chicago Title
Irwin Union Bank And Trust Co $65,059 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Robert Lance $142,693
Previous Owner Lee Brian W $60,505
Previous Owner Ayers William J $61,500
Previous Owner Garcia Rogelio $43,650
Previous Owner Federal National Mortgage Association $43,650
Previous Owner Irwin Union Bank And Trust Co $43,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $140,000 +0.1% $147 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $139,900 +133.6% $147 / Sq Ft
08/22/2018 08/22/18 Sold $59,900 0.0% $63 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $59,900 -20.7% $63 / Sq Ft
03/27/2018 03/27/18 For Sale $75,500 +117.6% $79 / Sq Ft
02/12/2014 02/12/14 Sold $34,700 -0.6% $37 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/08/2014 01/08/14 Price Changed $34,900 -30.1% $37 / Sq Ft
12/09/2013 12/09/13 For Sale $49,900 -- $53 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,355 $125,000 $18,100 $106,900
2024 $1,355 $119,200 $18,100 $101,100
2023 $1,215 $107,000 $18,100 $88,900
2022 $910 $83,000 $18,100 $64,900
2021 $612 $73,100 $14,700 $58,400
2020 $575 $68,200 $13,200 $55,000
2019 $512 $62,800 $13,200 $49,600
2018 $841 $57,000 $13,200 $43,800
2017 $1,101 $54,800 $13,200 $41,600
2016 $1,213 $57,700 $15,000 $42,700
2014 $430 $59,400 $15,000 $44,400
2013 $430 $56,400 $16,000 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844208

MIBOR Broker Listing Cooperative®

APN: 41-12-33-044-065.000-002