NOT LISTED FOR SALE

509 Redbud Ln Middlebury, IN 46540

Estimated Value: $265,797 - $288,000

3 Beds
2 Baths
1,480 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $205,000 $139 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,654/month

2 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Bathtub with Shower
  • Middlebury Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

This update 3 bedroom, 2 bath ranch in Middlebury is sure to please anyone. Eat in kitchen with stainless steel appliances, newer vinyl plank flooring throughout kitchen and living room. Possible 4th bedroom in basement. Basement is ready to finish to add extra living space. Metal roof and fenced in yard for the dogs are just a few amenities this house offers.

Last Agent to Sell the Property

Verlin Miller

Berkshire Hathaway HomeServices Elkhart Listed on: 09/13/2020

Berkshire Hathaway HomeServices Elkhart

Last Buyer's Agent

Rod Lantz

Grogg Martin Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1988

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100 x 191
  • Chain Link Fence

Parking

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laminate Countertops
  • Gas And Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Schools

  • Middlebury Elementary School
  • Heritage Middle School
  • Northridge 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 20-08-15-102-013.000-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,461

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1988
  • Age: 32
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Rolling Meadows Third Lot 21
  • Parcel Number ID: 20-08-15-102-013.000-035
  • Platted: Yes
  • Amenities: Countertops-Laminate, Dryer Hook Up Gas/Elec, Garage Door Opener, Porch Covered, Stand Up Shower, Tub/Shower Combination
  • Location: City/Town/Suburb
  • Sp Lp Percent: 93.18
  • Year Taxes Payable: 2019 due 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2310
  • Total Finished Sq Ft: 1480
  • Above Grade Finished Sq Ft: 1155
  • Below Grade Finished Sq Ft: 325
  • Below Grade Sq Ft: 830
  • Price Per Sq Ft: 177.49
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Bedroom 1: Dimensions: 16x18, On Level: Main
  • Bedroom 2: Dimensions: 14x16, On Level: Main
  • Bedroom 3: Dimensions: 14x12, On Level: Main
  • Main Level Sq Ft: 1155
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1155

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 10x12
  • Fence: Chain Link

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 26x22
  • Garage Sq Ft: 572
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Middlebury Community Schools
  • Elementary School: Middlebury
  • Middle School: Heritage
  • High School: Northridge
  • Elementary School: Middlebury

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 100 x 191
  • Estimated Lot Sq Ft: 19100
  • Estimated Lot Size Acres: 0.44

Tax Info

  • Annual Taxes: 1460.7
  • Exemptions: Homestead

MLS Schools

  • High School: Northridge
  • Middle School: Heritage
  • School District: Middlebury Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Nov 10, 2020
Sold by
Frecker Lisa K
Bought by
Gust Stephanie
Seller's Agent
Verlin Miller
Berkshire Hathaway HomeServices Elkhart
Buyer's Agent
Rod Lantz
Grogg Martin Realty
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%
Current Estimated Value
$272,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,699
Avg. Annual Appreciation
5.71%
Original Mortgage
$135,000
Outstanding Balance
$121,493
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$145,958

Purchase Details

Closed on
May 9, 2019
Sold by
Goetz Ronald L and Goetz Patricia M
Bought by
Frecker Lisa K

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 3, 2018
Sold by
Mae Lehman Ada
Bought by
Goetz Ronald L and Goetz Patricia M
Seller's Agent
Tina Miller
RE/MAX Results-Goshen
Buyer's Agent
Verlin Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$204,500
Sold Price
$175,000
Premium/Discount to List
-$29,500
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 30, 2018
Sold by
Mae Lehman Ada
Bought by
Goetz Ronald L and Goetz Patricia M
Seller's Agent
Tina Miller
RE/MAX Results-Goshen
Buyer's Agent
Verlin Miller
Berkshire Hathaway HomeServices Elkhart
List Price
$204,500
Sold Price
$175,000
Premium/Discount to List
-$29,500
-14.43%

Purchase Details

Closed on
Nov 6, 2002
Sold by
Metcalf Maureen S and Gross Maureen S
Bought by
Lehman Ada Mae
Source: Public Records

Range of Values:

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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
Gust Stephanie -- Title Resource Agency
Frecker Lisa K F -- None Available
Frecker Lisa K $150,000 None Available
Goetz Ronald L -- New Title Company Name
Goetz Ronald L -- New Title Company Name
Lehman Ada Mae -- Stewart Title Of Elkhart Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gust Stephanie $45,000
Open Gust Stephanie $135,000
Previous Owner Lehman Ada Mae $30,000
Closed Frecker Lisa K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $205,000 -6.8% $139 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $220,000 +25.7% $149 / Sq Ft
11/30/2018 11/30/18 Sold $175,000 -5.1% $118 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $184,500 -2.8% $125 / Sq Ft
09/18/2018 09/18/18 Price Changed $189,900 -7.1% $128 / Sq Ft
09/04/2018 09/04/18 For Sale $204,500 -- $138 / 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 $2,032 $206,400 $20,400 $186,000
2022 $2,032 $178,600 $20,400 $158,200
2021 $1,660 $161,900 $20,400 $141,500
2020 $1,607 $156,700 $20,400 $136,300
2019 $1,461 $142,500 $20,400 $122,100
2018 $1,345 $131,200 $20,400 $110,800
2017 $1,234 $120,400 $20,400 $100,000
2016 $1,266 $123,300 $20,400 $102,900
2014 $1,057 $108,400 $20,400 $88,000
2013 $1,084 $108,400 $20,400 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202037167

Indiana Regional MLS

APN: 20-08-15-102-013.000-035