NOT LISTED FOR SALE

509 Central Way Anderson, IN 46011

Estimated Value: $334,739 - $432,000

4 Beds
3.5 Baths
3,566 Sq Ft
$108/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $165,000 $46 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,227/month

113 Days on Market

Highlights

  • Mature Trees
  • Tennis Courts
  • Garage
  • 2 Fireplaces
  • Central Air

About This Home

As of March 2016

Absolutely gorgeous home in the heart of Edgewood! Class & charm describe this completely remodeled 3-4 Bdrm, 3.5 bath, sunroom, fam/liv rm combo, open concept & 650 sqft wood deck. Amazing kitchen w/granite, center island & SS applia. Mstr suite has loft, WIC & 2 baths. Optional 4th bdrm or a great sitting rm, nursery or office. Closets galore & lots of basement storage. Updates: New carpet, paint, electrical (300amp), roof, hardwood floors. HVAC -5yrs old. Wooded lot near park/tennis courts.

Last Agent to Sell the Property

Heather Upton

Keller Williams Indy Metro NE License #RB14047452 Listed on: 10/08/2015

Keller Williams Indy Metro NE

Co-Listed By

Michelle Frazier

Keller Williams Indy Metro NE License #RB14047389

Last Buyer's Agent

Pamela Potoczek

eXp Realty, LLC License #RB14040575

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,008

Year Built

  • Built in 1937

Lot Details

  • 0.28 Acre Lot
  • Mature Trees

Parking

  • Garage

Home Design

  • Block Foundation

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Rough-In Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 481109300163000005

Community Details

Overview

  • Edgewood Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,008

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1937
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 0.2777
  • Subdivision Name: EDGEWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Absolutely gorgeous home in the heart of Edgewood! Class & charm describe this completely remodeled 3-4 Bdrm, 3.5 bath, sunroom, fam/liv rm combo, open concept & 650 sqft wood deck. Amazing kitchen w/granite, center island & SS applia. Mstr suite has loft, WIC & 2 baths. Optional 4th bdrm or a great sitting rm, nursery or office. Closets galore & lots of basement storage. Updates: New carpet, paint, electrical (300amp), roof, hardwood floors. HVAC -5yrs old. Wooded lot near park/tennis courts.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Roughed In
  • Appliances: Dishwasher,Gas Oven,Refrigerator
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room,Gas Log
  • Fireplaces: 2
  • Interior Amenities: Attic Access,Walk-in Closet(s),Wood Work Painted
  • Living Area: 3566
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Bar,Center Island,Dining Combo/Kitchen,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2912
  • Main Level Sq Ft: 1789
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Fireplace,Suite,Closet Walk in
  • Total Sq Ft: 3566
  • Below Grade Sq Ft: 654
  • Upper Level Sq Ft: 1123
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding,Brick
  • Disclosures: Not Applicable
  • Exterior Features: Tennis Community
  • Foundation Details: Block
  • List Price: 169900
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Deck Main Level

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Service Door

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Baseboard,Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481109300163000005
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 189
  • Lot Size: .27

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3008
  • Semi Annual Property Tax Amt: 1504
  • Tax Exemption: None

MLS Schools

  • School District: Anderson High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Mar 10, 2016
Sold by
Greenwood Trust
Bought by
Nichols Don C and Nichols Chery J
Seller's Agent
Heather Upton
Keller Williams Indy Metro NE
Buyer's Agent
Pamela Potoczek
eXp Realty, LLC
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Current Estimated Value
$384,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,935
Avg. Annual Appreciation
8.70%
Original Mortgage
$162,011
Outstanding Balance
$132,965
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$232,983
Source: Public Records

Range of Values:

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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
Nichols Don C -- --
Nichols Don C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Don C $162,011
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $165,000 0.0% $46 / Sq Ft
01/31/2016 01/31/16 Off Market $165,000 -- --
01/25/2016 01/25/16 Price Changed $169,900 -5.6% $48 / Sq Ft
12/10/2015 12/10/15 Price Changed $179,900 -2.7% $50 / Sq Ft
11/16/2015 11/16/15 Price Changed $184,900 -4.7% $52 / Sq Ft
11/05/2015 11/05/15 Price Changed $194,000 -3.0% $54 / Sq Ft
10/08/2015 10/08/15 For Sale $199,900 -- $56 / 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
2024 $2,330 $210,400 $18,100 $192,300
2023 $2,130 $192,500 $17,200 $175,300
2022 $2,140 $192,000 $16,800 $175,200
2021 $1,968 $176,200 $16,700 $159,500
2020 $1,876 $167,700 $15,900 $151,800
2019 $1,826 $163,300 $15,900 $147,400
2018 $1,694 $149,400 $15,900 $133,500
2017 $1,483 $148,300 $15,900 $132,400
2016 $1,473 $147,300 $13,000 $134,300
2014 $3,008 $148,300 $13,000 $135,300
2013 $3,008 $148,300 $13,000 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21380426

MIBOR Broker Listing Cooperative®

APN: 48-11-09-300-163.000-005