NOT LISTED FOR SALE

517 Madison St Arcadia, IN 46030

Estimated Value: $220,000 - $255,485

4 Beds
1 Bath
1,660 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $219,000 $132 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,376/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Pantry
  • Walk-In Closet
  • Covered Patio or Porch
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Step inside and embrace the charm of this maintained 1900's built home, where historic elegance meets modern convenience. Nestled in the quaint town of Arcadia, this timeless treasure boasts original woodwork throughout. The main floor features a living room, formal dining room, 2 bedrooms, kitchen with breakfast bar and walk-in pantry, full bath, and main floor laundry. Upstairs you will find 2 additional bedrooms. One bedroom features a walk-in closet and the other bedroom has an additional playroom, but could be converted to a walk-in closet or additional room. Out back you will find a fenced in 22x10 concrete patio to enjoy the outdoors and an oversized shed for storage. Previous owner in 2021 installed updated windows, new water line from meter to st, new plumbing under kitchen/bath/laundry. Carpet was recently replaced! Don't miss your chance to make cherished memories in this timeless home.

Last Agent to Sell the Property

Summer Sherer

RE/MAX Anew Realty Brokerage Phone: 765-437-7629 Listed on: 06/10/2024

RE/MAX Anew Realty

Last Buyer's Agent

RACI NonMember

NonMember RACI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Wood Fence

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Electric Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer Hookup

Basement

  • Sump Pump
  • Basement Cellar

Schools

  • Hamilton Height Elementary School
  • Hamilton Heights Middle School
  • Hamilton Heights 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 29-02-24-205-015.000-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 124
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Acreage .15 Section 24, Township 20, Range 4 ARCADIA LAND & IMPROVEMENT CO Lot 130
  • Parcel Number ID: 29-02-24-205-015.000-009
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Pantry-Walk In, Patio Open, Porch Covered, Range/Oven Hook Up Gas, Formal Dining Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.59
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1860
  • Total Finished Sq Ft: 1660
  • Above Grade Finished Sq Ft: 1660
  • Below Grade Sq Ft: 200
  • Price Per Sq Ft: 131.93
  • Basement: Yes
  • Basement Foundation: Cellar
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm, Electric
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Breakfast Room: Dimensions: 9x5, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x10, On Level: Upper
  • Other Room1: Bonus Room/PlayRoom, Dimensions: 9x7, On Level: Upper
  • Other Room 2: Walk-In Closet, Dimensions: 9x7, On Level: Upper
  • Main Level Sq Ft: 1084
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 200

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 14x12
  • Fence: Wood

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 8

Schools

  • School District: Hamilton Heights School Corp.
  • Elementary School: Hamilton Height
  • Middle School: Hamilton Heights
  • High School: Hamilton Heights
  • Elementary School: Hamilton Height

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 50x128
  • Estimated Lot Sq Ft: 6534
  • Estimated Lot Size Acres: 0.15

Tax Info

  • Annual Taxes: 1833.64
  • Exemptions: Homestead

MLS Schools

  • High School: Hamilton Heights
  • Middle School: Hamilton Heights
  • School District: Hamilton Heights School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 6, 2024
Sold by
Kleinman Morgan A
Bought by
Ziegler Lukas
Seller's Agent
Summer Sherer
RE/MAX Anew Realty
Buyer's Agent
RACI NonMember
NonMember RACI
List Price
$219,900
Sold Price
$219,000
Premium/Discount to List
-$900
-0.41%
Views
29
Current Estimated Value
$231,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,371
Avg. Annual Appreciation
4.89%
Original Mortgage
$208,050
Outstanding Balance
$205,691
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$25,680

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jul 8, 2021
Sold by
Hodson Steven M and Hodson Joshua W
Bought by
Kleinman Morgan A
Seller's Agent
RACI NonMember
NonMember RACI
Buyer's Agent
Summer Sherer
RE/MAX Anew Realty
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$164,713
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Lewis Garry T and The Richard M Lewis Sr Revocab
Bought by
Hodson Steven M and Hodson Joshua W

Purchase Details

Closed on
Apr 5, 2011
Sold by
Lewis Richard M
Bought by
Lewis Richard M and The Richard M Lewis Sr Revocable Living

Purchase Details

Closed on
Jul 3, 2003
Sold by
Gribben Wreatha Eileen
Bought by
Lewis Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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
Ziegler Lukas -- Meridian Title
Kleinman Morgan A -- Meridian Title Corp
Hodson Steven M -- None Available
Lewis Richard M -- None Available
Lewis Richard M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziegler Lukas $208,050
Previous Owner Kleinman Morgan A $164,713
Previous Owner Lewis Richard M $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $219,000 -0.4% $132 / Sq Ft
06/10/2024 06/10/24 For Sale $219,900 +29.4% $132 / Sq Ft
07/08/2021 07/08/21 Sold $169,900 0.0% $108 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $169,900 -- $108 / 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 $1,784 $206,600 $29,700 $176,900
2023 $1,834 $176,900 $29,700 $147,200
2022 $539 $88,900 $22,300 $66,600
2021 $539 $78,200 $22,300 $55,900
2020 $1,568 $75,700 $22,300 $53,400
2019 $1,512 $72,900 $11,900 $61,000
2018 $1,512 $72,900 $11,900 $61,000
2017 $1,342 $64,400 $11,900 $52,500
2016 $1,118 $53,200 $11,900 $41,300
2014 $1,028 $51,200 $11,400 $39,800
2013 $1,028 $52,700 $11,400 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202421153

Indiana Regional MLS

APN: 29-02-24-205-015.000-009