NOT LISTED FOR SALE

51450 Cherry Rd Granger, IN 46530

Estimated Value: $575,000 - $685,000

4 Beds
2 Baths
2,675 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $525,000 $196 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,695/month

77 Days on Market

Highlights

  • In Ground Pool
  • 10 Acre Lot
  • 2 Car Attached Garage
  • Mary Frank Harris Elementary School Rated A
  • Partially Wooded Lot
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Don't miss out on this rare opportunity to own 10 acres in the heart of Granger. This move in ready 4 bedroom 2 bath home has plenty of space for all your needs. The open main level features the kitchen, dining room, and 400 sqft 3-season room directly off the large living room; giving you great views of your new property. The newly remodeled upstairs bathroom is sure to catch your attention and adjoins the giant master. Walk down to the lower level and you will find the 4th bedroom, family room, and an awesome rustic game room with a pool table that stays with the home. The outdoor paradise includes a concrete in-ground pool with 8x18 pool shed, fenced in backyard, and stamped concrete patio. The 63x27 pole barn with an additional 63x15 concrete floor lean-to has plenty of room for horses. The home also has a sprinkler system and brand new roof. All of this in PHM schools. Driveway is shared with home to the North. Seller related to Listing agent.

Last Agent to Sell the Property

Drew Niedbala

Creekstone Realty Listed on: 08/18/2021

Last Buyer's Agent

Tamara Harke

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1969

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1285
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

  • Tri-Level Property
  • Poured Concrete
  • Shingle Siding

Interior Spaces

  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool

Schools

  • Mary Frank Elementary School
  • Discovery Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 71-04-13-276-007.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1969
  • Age: 52
  • Style: Tri-Level
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Hostetter Minor Subdivision Lot 1
  • Parcel Number ID: 71-04-13-276-007.000-011
  • Platted: Yes
  • Sp Lp Percent: 92.27
  • Year Taxes Payable: 2021
  • Special Features: None

Interior Features

  • Total Sq Ft: 3350
  • Total Finished Sq Ft: 2675
  • Above Grade Finished Sq Ft: 2675
  • Below Grade Sq Ft: 675
  • Price Per Sq Ft: 196.26
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 29x14, On Level: Upper
  • Bedroom 2: Dimensions: 14x9, On Level: Upper
  • Bedroom 3: Dimensions: 10x9, On Level: Upper
  • Bedroom 4: Dimensions: 10x13, On Level: Lower
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 675

Exterior Features

  • Exterior: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 63x42
  • Pool: Below Ground
  • Pool: Yes

Garage/Parking

  • Driveway: Shared
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x25
  • Garage Sq Ft: 525
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Mary Frank
  • Middle School: Discovery
  • High School: Penn
  • Elementary School: Mary Frank

Lot Info

  • Lot Description: Partially Wooded, 10-14.999
  • Lot Dimensions: 330x1285
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 3558.26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 12, 2021
Sold by
Niedbala Raymond and Niedbala Pamela
Bought by
Letcher Anthony M and Letcher Leslie
Seller's Agent
Drew Niedbala
Creekstone Realty
Buyer's Agent
Tamara Harke
Coldwell Banker Real Estate Group
List Price
$590,000
Sold Price
$525,000
Premium/Discount to List
-$65,000
-11.02%
Current Estimated Value
$636,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,677
Avg. Annual Appreciation
5.03%
Original Mortgage
$498,750
Outstanding Balance
$457,018
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$179,659
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
Letcher Anthony M $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Letcher Anthony M $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $525,000 -7.7% $196 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $569,000 -3.6% $213 / Sq Ft
08/18/2021 08/18/21 For Sale $590,000 -- $221 / 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 $3,792 $398,900 $97,000 $301,900
2023 $4,044 $373,600 $97,000 $276,600
2022 $4,092 $373,600 $97,000 $276,600
2021 $3,967 $336,800 $87,500 $249,300
2020 $3,606 $313,800 $81,600 $232,200
2019 $3,435 $301,600 $74,600 $227,000
2018 $3,144 $281,200 $71,900 $209,300
2017 $3,225 $276,100 $71,900 $204,200
2016 $3,257 $276,600 $71,900 $204,700
2014 $2,686 $225,600 $54,000 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202134122

Indiana Regional MLS

APN: 71-04-13-276-007.000-011