NOT LISTED FOR SALE

516 Imy Ln Anderson, IN 46013

Estimated Value: $213,000

3 Beds
1 Bath
1,196 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $120,000 $100 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,224/month

Highlights

  • Rustic Architecture
  • 1-Story Property
  • Garage
  • Pendleton Heights High School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

Very cute and affordable home located in a popular Pendleton Schools subdivision. This one level brick ranch features updated windows, hardwood floors and a sun room. The living room is spacious and has a large picture window. The eat in kitchen has beautiful oak cabinets, tile floors and includes all the appliances. The master bedroom has hardwood floors and ample closet space. All three bedrooms share an updated full bath. You will love the size of the yard!! The back yard is fully fenced and has a large storage shed and a sun room off the back of the house. Easy access to Anderson, Muncie, I -69 and Indy.

Last Agent to Sell the Property

Julie Schnepp

RE/MAX Legacy License #RB14044343 Listed on: 09/06/2018

RE/MAX Legacy

Last Buyer's Agent

Heather Surber

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot

Parking

  • Garage

Home Design

  • Rustic Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • Paradise Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481401300047000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1964
  • Garage Y N: Yes
  • Lot Size Acres: 0.4178
  • Subdivision Name: PARADISE COLONY
  • Inspection Warranties: Not Applicable
  • Property Description: Very cute and affordable home located in a popular Pendleton Schools subdivision. This one level brick ranch features updated windows, hardwood floors and a sun room. The living room is spacious and has a large picture window. The eat in kitchen has beautiful oak cabinets, tile floors and includes all the appliances. The master bedroom has hardwood floors and ample closet space. All three bedrooms share an updated full bath. You will love the size of the yard!! The back yard is fully fenced and has a large storage shed and a sun room off the back of the house. Easy access to Anderson, Muncie, I -69 and Indy.
  • Transaction Type: Sale
  • Website: www.movewithlegacy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,MicroHood,Gas Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Pull Down Stairs,Screens Complete
  • Living Area: 1196
  • Other Equipment: Smoke Detector,Water-Softener Owned
  • Room Count: 5
  • Areas Interior: Foyer Small,Living Room Formal,Laundry in Garage
  • Eating Area: Eat In Kitchen,Kitchen Some Updates
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1196
  • Main Level Sq Ft: 1196
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1196
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear,Storage
  • Foundation Details: Crawl Space
  • List Price: 121900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Screened in Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481401300047000012
  • Acres: 1/4-1/2 Acre
  • Lot Information: Rural In Subdivision,Trees Small
  • Lot Number: 0
  • Lot Size: 18,199

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 502
  • Semi Annual Property Tax Amt: 251
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: South Madison Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 3, 2018
Sold by
Mercer Michele R
Bought by
Lake and Lake
Seller's Agent
Julie Schnepp
RE/MAX Legacy
Buyer's Agent
Heather Surber
RE/MAX Real Estate Solutions
List Price
$117,000
Sold Price
$120,000
Premium/Discount to List
$3,000
2.56%
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,000
Avg. Annual Appreciation
8.03%
Original Mortgage
$114,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2014
Closed on
Jan 15, 2015
Sold by
South Madison Holding Llc
Bought by
Mercer Michaele R
Seller's Agent
Karen Duncan
Dropped Members
Buyer's Agent
Karen Duncan
Dropped Members
List Price
$98,900
Sold Price
$92,000
Premium/Discount to List
-$6,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$50,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2014
Sold by
Gellinger Beverly H and Gellinger Max W
Bought by
South Madison In Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lake $120,000 --
Lake Zachary A $120,000 Rowland Title
Mercer Michaele R -- --
South Madison In Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Zachary A $114,000
Previous Owner Mercer Michaele R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2018 10/03/18 Sold $120,000 -1.6% $100 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $121,900 +4.2% $102 / Sq Ft
09/06/2018 09/06/18 For Sale $117,000 +27.2% $98 / Sq Ft
01/15/2015 01/15/15 Sold $92,000 -3.1% $77 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
11/18/2014 11/18/14 Price Changed $94,900 -4.0% $79 / Sq Ft
11/05/2014 11/05/14 For Sale $98,900 -- $83 / 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
2023 $1,127 $131,300 $16,400 $114,900
2022 $1,057 $130,400 $15,300 $115,100
2021 $924 $121,100 $15,300 $105,800
2020 $987 $118,400 $14,600 $103,800
2019 $965 $115,400 $14,600 $100,800
2018 $543 $84,200 $14,700 $69,500
2017 $503 $77,200 $13,700 $63,500
2016 $538 $77,200 $13,700 $63,500
2014 $225 $82,600 $13,700 $68,900
2013 $225 $82,600 $13,700 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21594109

MIBOR Broker Listing Cooperative®

APN: 48-14-01-300-047.000-012