NOT LISTED FOR SALE

507 Cloudmont Dr Osceola, IN 46561

Estimated Value: $364,000 - $393,000

5 Beds
2 Baths
2,636 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $361,900 $137 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,249/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Ranch Style House
  • Elm Road Elementary School Rated A
  • Lake, Pond or Stream
  • Great Room

About This Home

As of July 2024

Lovely split bedroom ranch in popular Newbury Pointe. Open concept, spacious famiy room with vaulted ceilings. This home has it all and is move in ready! Recent updates throughout which include, eat in kitchen remodel with quartz counters, light and bright white cabinetry, ample storage and pantry space, Central AC in 2022, carpets/flooring, and paint. 3 Bedrooms on the main level including a lovely master bedroom with ensuite and double vanity. Fully finished basement with additional family room, with 2 more bedrooms, one is currently used as an office and has built in desk area. This home sits on a beautiful peaceful lot with a pond view. Charming raised deck for relaxing and enjoying the summer. Fenced yard, sprinkler system and attached 2 car garage.

Last Agent to Sell the Property

Lisa LeBlanc

Cressy & Everett - South Bend Brokerage Phone: 574-535-4663 Listed on: 06/12/2024

Cressy & Everett - South Bend

Last Buyer's Agent

Julia Robbins

RE/MAX 100

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 2008

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 146x97.1
  • Waterfront
  • Chain Link Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Entrance Foyer
  • Great Room
  • Utility Room in Garage
  • Laundry on main level
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Schools

  • Elm Road Elementary School
  • Grissom Middle School
  • Penn High School

Utilities

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

Additional Features

  • Lake, Pond or Stream
  • Suburban Location

Community Details

  • Newbury Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-10-08-376-035.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 2008

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2008
  • Age: 16
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: LOT 33 NEWBURY POINTE SEC 1 NP#3529 5-23-05
  • Parcel Number ID: 71-10-08-376-035.000-030
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Deck Open, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Garage Utilities
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 104.9
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2872
  • Total Finished Sq Ft: 2636
  • Above Grade Finished Sq Ft: 1436
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 236
  • Price Per Sq Ft: 252.02
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Flooring: Vinyl
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 11x12, On Level: Lower
  • Bedroom 5: Dimensions: 12x10, On Level: Lower
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1436

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 500
  • Association Fees Frequency: Annually

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elm Road
  • Middle School: Grissom
  • High School: Penn
  • Elementary School: Elm Road

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 146X97.1
  • Estimated Lot Sq Ft: 19655
  • Estimated Lot Size Acres: 0.45
  • Lot Number: 33

Tax Info

  • Annual Taxes: 2776
  • Total Assessed Value: 294000
  • Exemptions: Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 17, 2024
Sold by
Springman Neil A and Springman Cora D
Bought by
Rees Jeffrey Edward
Seller's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
Buyer's Agent
Julia Robbins
RE/MAX 100
List Price
$345,000
Sold Price
$361,900
Premium/Discount to List
$16,900
4.9%
Views
80
Current Estimated Value
$374,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,197
Avg. Annual Appreciation
2.82%
Original Mortgage
$250,000
Outstanding Balance
$243,530
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$130,567

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 16, 2024
Sold by
Springman Neil A and Springman Cora D
Bought by
Rees Jeffrey Edward
Seller's Agent
Lisa LeBlanc
Cressy & Everett - South Bend
Buyer's Agent
Julia Robbins
RE/MAX 100
List Price
$345,000
Sold Price
$361,900
Premium/Discount to List
$16,900
4.9%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$243,530
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$130,567

Purchase Details

Listed on
Jan 23, 2014
Closed on
Apr 14, 2014
Sold by
Sotebeer James R and Sotebeer Rachel M
Bought by
Springman Neil A and Springman Cora D
Seller's Agent
Gloria Prawat
Weichert Rltrs-J.Dunfee&Assoc.
Buyer's Agent
Georgeann Ewald
Cressy & Everett - South Bend
List Price
$172,900
Sold Price
$172,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$169,767
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2012
Sold by
Sotebeer James R and Sotebeer Rachel M
Bought by
Sotebeer James R and Sotebeer Rachel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,156
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Weiss Homes Inc
Bought by
Sotebeer James R and Donati Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,595
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2007
Sold by
Incommunicado Investments Llc
Bought by
Weiss Homes Inc
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
Rees Jeffrey Edward -- None Listed On Document
Rees Jeffrey Edward $361,900 None Listed On Document
Springman Neil A -- Meridian Title
Sotebeer James R -- Lawyers Title
Sotebeer James R -- Metropolitan Title In Llc
Weiss Homes Inc -- Metropolitan Title In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Jeffrey Edward $250,000
Closed Rees Jeffrey Edward $250,000
Previous Owner Springman Neil A $7,557
Previous Owner Springman Neil A $37,789
Previous Owner Springman Neil A $169,767
Previous Owner Sotebeer James R $155,156
Previous Owner Sotebeer James R $160,595
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $361,900 +4.9% $137 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $345,000 +99.5% $131 / Sq Ft
04/14/2014 04/14/14 Sold $172,900 0.0% $83 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $172,900 -- $83 / 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 $2,777 $290,100 $61,800 $228,300
2023 $2,768 $294,000 $61,900 $232,100
2022 $2,967 $296,700 $61,900 $234,800
2021 $2,070 $206,100 $20,500 $185,600
2020 $2,048 $203,900 $20,100 $183,800
2019 $1,829 $182,500 $17,800 $164,700
2018 $1,717 $178,100 $17,400 $160,700
2017 $1,704 $185,100 $27,300 $157,800
2016 $1,435 $160,200 $25,100 $135,100
2014 $1,499 $160,700 $25,100 $135,600
2013 $1,573 $162,100 $25,100 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202421370

Indiana Regional MLS

APN: 71-10-08-376-035.000-030