NOT LISTED FOR SALE

5111 W Preakness Ct Muncie, IN 47304

Estimated Value: $270,000 - $321,000

2 Beds
2 Baths
1,754 Sq Ft
$225/mo HOA Fee

Last Sold August 16, 2022

Last sale price $264,500 $151 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,032/month

3 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Clubhouse
  • Pleasant View Elementary School Rated A-
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of August 2022

Willow Lake condo on the pond. Convenient floor plan featuring great room, den, eat-in kitchen, formal dining, two bedrooms, two full baths, enclosed porch, & storage room. Kitchen features newer vinyl plank flooring, breakfast bar & newer refrigerator. Master suite features two walk-in closets, linen closet, & attached bath with walk-in shower. Another full bath is located in the hall. Great view of the pond/fountain from enclosed patio. Access to storage room from enclosed porch. Open patio with sunsetter awning. Laundry room includes storage closet and rod for hanging clothes. Enjoy the use of the community club house, swimming pool, exercise room, library, & pond. Monthly dues are $225. One pet less than 40 lbs. permitted. Possession is a minimum of 30 days after closing. Some furniture may be available for purchase.

Last Agent to Sell the Property

Laura Amlin

Coldwell Banker Real Estate Group Listed on: 07/12/2022

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kathy J Smith

NextHome Elite Real Estate

NextHome Elite Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 2003

Lot Details

  • 2,614

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Home Security

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • ADA Inside
  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 18-10-12-226-011.094-036

Community Details

Overview

  • Willow Lake Crossing Subdivision

Recreation

  • Waterfront Owned by Association
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,872

Year Built

Built in 2003

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2003
  • Age: 19
  • Style: One Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Willow Lake Crossing TR 26 Unit 5111
  • Parcel Number ID: 18-10-12-226-011.094-036
  • Platted: Yes
  • Amenities: ADA Features, Attic Pull Down Stairs, Cable Available, Ceiling-9+, Ceilings-Vaulted, Closet(s) Walk-in, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Porch Enclosed, Range/Oven Hook Up Elec, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 112.55
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1754
  • Total Finished Sq Ft: 1754
  • Above Grade Finished Sq Ft: 1754
  • Price Per Sq Ft: 150.8
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log, One
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 27x12, On Level: Main
  • Kitchen: Dimensions: 23x12, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Den: Dimensions: 12x11, On Level: Main
  • Extra Room: Bonus Room, Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Other Room1: Bonus Room, Dimensions: 18x8, On Level: Main
  • Main Level Sq Ft: 1754
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Water Features: Assoc

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x23
  • Garage Sq Ft: 483
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast
  • Laundry: Dimensions: Mainx10, On Level: 11

Condo/Co-op/Association

  • Association Fees: 225
  • Association Fees Frequency: Monthly
  • Common Amenities: Clubhouse, Exercise Room, Swimming Pool

Schools

  • School District: Yorktown Community Schools
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)
  • Middle School: Yorktown
  • High School: Yorktown
  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Water View
  • Lot Dimensions: x

Tax Info

  • Annual Taxes: 1872
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Wegesin Daniel J and Wegesin Evelyn E
Bought by
Wegesin Domonick and Wegesin J D
Current Estimated Value
$298,627

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 16, 2022
Sold by
Zimmerman Phyllis A
Bought by
Wegesin Daniel J and Wegesin Evelyn E
Seller's Agent
Laura Amlin
Coldwell Banker Real Estate Group
Buyer's Agent
Kathy J Smith
NextHome Elite Real Estate
List Price
$235,000
Sold Price
$264,500
Premium/Discount to List
$29,500
12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Richards Nancy
Bought by
Zimmerman Jay S and Zimmerman Phyllis A
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
Wegesin Domonick -- None Listed On Document
Wegesin Daniel J -- Green Law Firm Llc
Zimmerman Jay S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $264,500 +12.6% $151 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $235,000 -- $134 / 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 $2,741 $262,300 $29,400 $232,900
2023 $2,441 $232,300 $26,700 $205,600
2022 $2,161 $204,300 $26,700 $177,600
2021 $1,872 $175,400 $25,600 $149,800
2020 $1,891 $177,300 $25,600 $151,700
2019 $3,420 $165,100 $25,600 $139,500
2018 $1,751 $163,300 $24,900 $138,400
2017 $1,651 $153,300 $22,600 $130,700
2016 $1,598 $148,000 $22,600 $125,400
2014 $1,437 $138,400 $21,500 $116,900
2013 -- $139,700 $21,500 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202228514

Indiana Regional MLS

APN: 18-10-12-226-011.094-036