NOT LISTED FOR SALE

516 Shepherds Way Osceola, IN 46561

Shepherds Cove Neighborhood

Estimated Value: $325,000 - $385,000

3 Beds
2.5 Baths
1,750 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $305,000 $174 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,222/month

1 Day on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Corner Lot
  • Moran Elementary School Rated A-
  • Backs to Open Ground
  • Great Room

About This Home

As of November 2021

Desirable Shepherd's Cove home in PHM district on a corner lot. Built by Kline, this home features 3 bedrooms, 2.5 baths. 2-story foyer entry leads to dining room, kitchen with a breakfast bar, informal dining area, and living room. Slider door to backyard is convenient for outdoor entertaining. Convenient first floor laundry, mudroom, and half bath off of the 2-car garage. 3 bedrooms upstairs including master with amazing en suite bath with soaker tub, separate shower, walk-in closet, and dual vanity. Full basement is plumbed for a bathroom and has an egress window for a future bedroom. City water/sewer and neighborhood sidewalks. Average utilities: elec $53, gas $97, water/sewer $100

Last Listed By

Tim Murray

Coldwell Banker Real Estate Group Listed on: 09/30/2021

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 2013

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 73x163
  • Backs to Open Ground
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Covered patio or porch

Schools

  • Moran Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 71-10-08-451-069.000-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,205

Year Built

Built in 2013

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2013
  • Age: 8
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOT 141 SHEPHERDS COVE SEC III
  • Parcel Number ID: 71-10-08-451-069.000-030
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Dryer Hook Up Gas, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Landscaped, Open Floor Plan, Patio Open, Porch Covered, Range/Oven Hook Up Gas, Rough-In Bath, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Sp Lp Percent: 108.97
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2700
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 950
  • Price Per Sq Ft: 174.29
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Tile, Vinyl
  • Bedroom 1: Dimensions: 15x13, On Level: Upper
  • Bedroom 2: Dimensions: 9x15, On Level: Upper
  • Bedroom 3: Dimensions: 10x13, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 950

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x19
  • Garage Sq Ft: 399
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees: 50
  • Association Fees Frequency: Annually

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Moran
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Moran

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 73x163
  • Estimated Lot Sq Ft: 12197
  • Estimated Lot Size Acres: 0.28
  • Lot Number: 141

Tax Info

  • Annual Taxes: 2205
  • Total Assessed Value: 220500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 26, 2021
Sold by
Hornburg Jerry P and Hornburg Kristin K
Bought by
Francis John Ray and Francis Tara A
Seller's Agent
Tim Murray
Coldwell Banker Real Estate Group
Buyer's Agent
Karen Seiler
Howard Hanna SB Real Estate
List Price
$279,900
Sold Price
$305,000
Premium/Discount to List
$25,100
8.97%
Total Days on Market
1
Current Estimated Value
$357,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,025
Avg. Annual Appreciation
4.66%
Original Mortgage
$259,250
Outstanding Balance
$240,097
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$116,928

Purchase Details

Listed on
Apr 4, 2013
Closed on
Dec 31, 2013
Sold by
Kline Custom Homes Inc
Bought by
Hornburg Jerry P and Hornburg Kristin K
Seller's Agent
Barry Skalski
Michiana Realty LLC
Buyer's Agent
Tim Murray
Coldwell Banker Real Estate Group
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$141,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2013
Sold by
Shepherds Cove Llc
Bought by
Kline Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.39%
Mortgage Type
New Conventional

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
Francis John Ray $610,000 None Available
Hornburg Jerry P -- Metropolitan Title
Kline Custom Homes Inc -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis John Ray $259,250
Previous Owner Hornburg Jerry P $141,000
Previous Owner Kline Larry E $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $305,000 +9.0% $174 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $279,900 +69.6% $160 / Sq Ft
12/26/2013 12/26/13 Sold $165,000 -10.8% $94 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $185,000 -- $106 / 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 $2,743 $288,200 $69,900 $218,300
2023 $2,934 $291,000 $70,000 $221,000
2022 $2,934 $293,400 $70,000 $223,400
2021 $2,240 $223,100 $24,600 $198,500
2020 $2,214 $220,500 $24,100 $196,400
2019 $1,981 $197,200 $21,300 $175,900
2018 $1,846 $189,400 $19,900 $169,500
2017 $1,645 $182,000 $12,800 $169,200
2016 $1,340 $154,300 $10,900 $143,400
2014 $1,425 $155,200 $10,900 $144,300
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202141045

Indiana Regional MLS

APN: 71-10-08-451-069.000-030