NOT LISTED FOR SALE

506 S Adams St Monroe, IN 46772

Estimated Value: $172,000 - $223,000

3 Beds
1 Bath
1,008 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $103,300 $102 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,096/month

27 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Adams Central Middle School Rated A-
  • 1 Car Attached Garage
  • Landscaped

About This Home

As of May 2019

Very Nice Ranch Home in Monroe!!! This home is located on the west edge of Monroe situated on a 1/2 acre lot!! Features Include: 3 Bedrooms, 1 Full Bath, Large Master Bedroom with His and Her Closets, Eat -in-Kitchen, 1 Car Attached Garage, 10x12 Shed, Lots of Newer Windows, Gas F/A, C/A, Large Backyard, Kitchen Appliances and Blinds stay! Schedule your showing today!!

Last Agent to Sell the Property

Lacey Caffee

Ideal REALTORS Listed on: 03/05/2019

Last Buyer's Agent

Melissa Kaehr

Harvey and Associates Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120 x 182
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Adams Central Elementary And Middle School
  • Adams Central High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 01-08-04-100-010.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1989
  • Age: 30
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: INNIGER'S FIRST SUBDIVISION LOT 7
  • Parcel Number ID: 01-08-04-100-010.000-011
  • Platted: Yes
  • Amenities: Attic Storage, Ceiling Fan(s), Countertops-Laminate, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Landscaped, Porch Covered, Storm Doors, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.99
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1008
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Price Per Sq Ft: 102.48
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 16x11, On Level: Main
  • Kitchen: Dimensions: 11x14, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 13x9, On Level: Main
  • Bedroom 3: Dimensions: 10x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x12
  • Garage Sq Ft: 288
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 11

Schools

  • School District: Adams Central
  • Elementary School: Adams Central
  • Middle School: Adams Central
  • High School: Adams Central
  • Elementary School: Adams Central

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 120 x 182
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 555.06
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Adams Central
  • Middle School: Adams Central
  • School District: Adams Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 1, 2019
Sold by
Busse Brian M
Bought by
Burelison Dylan J and Miller Dakota R
Seller's Agent
Lacey Caffee
Ideal REALTORS
Buyer's Agent
Melissa Kaehr
Harvey and Associates Realty LLC
List Price
$114,900
Sold Price
$103,300
Premium/Discount to List
-$11,600
-10.1%
Current Estimated Value
$190,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,721
Avg. Annual Appreciation
9.64%
Original Mortgage
$104,343
Outstanding Balance
$91,941
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$92,896

Purchase Details

Closed on
May 18, 2012
Sold by
Lewis Robin R
Bought by
Busse Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
Ca Ro Enterprises Llc
Bought by
Lewis Robin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,235
Interest Rate
6.39%
Mortgage Type
USDA

Purchase Details

Closed on
Jan 6, 2006
Sold by
Simpkins Tonya
Bought by
Ca Ro Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.42%
Mortgage Type
Unknown
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
Burelison Dylan J -- --
Busse Brian M -- None Available
Lewis Robin R -- --
Ca Ro Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burelison Dylan J $104,343
Previous Owner Busse Brian M $64,000
Previous Owner Lewis Robin R $52,235
Previous Owner Lewis Robin R $22,200
Previous Owner Ca Ro Enterprises Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $103,300 -6.0% $102 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $109,900 -4.4% $109 / Sq Ft
03/05/2019 03/05/19 For Sale $114,900 -- $114 / 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 $720 $103,000 $20,800 $82,200
2023 $705 $101,200 $20,800 $80,400
2022 $668 $102,900 $20,800 $82,100
2021 $625 $97,500 $19,600 $77,900
2020 $582 $94,900 $19,600 $75,300
2019 $571 $96,100 $19,600 $76,500
2018 $555 $94,100 $19,600 $74,500
2017 $491 $89,900 $18,500 $71,400
2016 $407 $89,100 $18,500 $70,600
2014 $390 $88,300 $18,400 $69,900
2013 $487 $89,200 $18,500 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201907491

Indiana Regional MLS

APN: 01-08-04-100-010.000-011