NOT LISTED FOR SALE

5205 W Shoreline Terrace Muncie, IN 47304

Estimated Value: $579,932 - $719,000

4 Beds
4.5 Baths
3,100 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $390,000 $126 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,760/month

170 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Vaulted Ceiling
  • Green Roof
  • Deck
  • Traditional Architecture

About This Home

As of December 2019

THIS SELLER IS HIGHLY MOTIVATED! MAKE YOUR BEST OFFER. Popular Heron Pointe Addition, Wes-Del School District, this is a one-owner all brick home that's been lovingly cared for since 2004 when it was built. It features 2642 SF on the main floor, 457 SF of finished space above the garage that could be a great home office , and 2511 SF of finished walk-out basement space. 5611 total SqFt of finished space that sits on 0.57 acres overlooking the water. The 3-car garage offers plenty of storage. New grass planting started that will look great in the Spring. The HOA fee is $575/year. Average Monthly Utilities: Gas $70-150, Water $40, Electric $50-75, Sanitation $30. Immediate possession. MATTERPORT TOUR NOW LIVE!

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group License #RB14045844 Listed on: 06/14/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Mike Stailey

RE/MAX Centerstone

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 2004

Lot Details

  • 0.57 Acre Lot
  • Lake Front

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Sump Pump with Backup

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Legal Lot and Block 3 / A
  • Assessor Parcel Number 180625476019000009

Community Details

Overview

  • Association fees include clubhouse
  • Association Phone (317) 701-5006
  • Heron Pointe Subdivision
  • Property managed by Heron Pointe

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,086

Year Built

Built in 2004

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2004
  • Building Area Total: 5611
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting, Doors, Windows, HVAC, Insulation, Roof, Water Heater, Other/See Remarks
  • Lot Size Acres: 0.57
  • Subdivision Name: Heron Pointe
  • Inspection Warranties: General
  • Transaction Type: Sale
  • MBR_AttributionContact: steveslavin@coldwellhomes.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Sump Pump w/Backup
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Oven, Convection Oven, Double Oven, Refrigerator, Gas Water Heater, Water Purifier, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2511
  • Fireplace Features: Gas Log, Great Room, Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Bath Sinks Double Main, Eat-in Kitchen, Entrance Foyer, Pantry
  • Living Area: 3100
  • Main Level Bedrooms: 3
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2643
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 457
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4
  • SqFt Total: 5611

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 399900
  • Patio And Porch Features: Deck UP, Covered Patio
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 805

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, High Efficiency (90%+ AFUE ), Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 575
  • Association Fee Frequency: Annually
  • Association Phone: 317-701-5006
  • Association YN: Yes
  • Management Company Name: Heron Pointe

Fee Information

  • Association Fee Includes: Clubhouse

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 24829
  • Parcel Number: 180625476019000009
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4086
  • Tax Block: A
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 2043
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Dec 23, 2019
Sold by
Gannamaneni Krishna Kumar and Gannamaneni Suparna
Bought by
Adamec Jeff J and Adamec Jana
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Mike Stailey
RE/MAX Centerstone
List Price
$455,000
Sold Price
$390,000
Premium/Discount to List
-$65,000
-14.29%
Current Estimated Value
$625,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,483
Avg. Annual Appreciation
8.47%
Original Mortgage
$402,870
Outstanding Balance
$355,882
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$269,601
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
Adamec Jeff J -- In Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamec Jeff J $402,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2019 12/23/19 Sold $390,000 0.0% $126 / Sq Ft
12/23/2019 12/23/19 Sold $390,000 -2.5% $80 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Pending -- -- --
11/26/2019 11/26/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $399,900 +17.7% $129 / Sq Ft
09/16/2019 09/16/19 Price Changed $339,900 -15.0% $110 / Sq Ft
08/12/2019 08/12/19 Price Changed $399,900 -9.1% $82 / Sq Ft
07/17/2019 07/17/19 Price Changed $440,000 0.0% $142 / Sq Ft
07/15/2019 07/15/19 Price Changed $440,000 -3.3% $91 / Sq Ft
06/14/2019 06/14/19 For Sale $455,000 0.0% $147 / Sq Ft
05/16/2019 05/16/19 Price Changed $455,000 -2.2% $94 / Sq Ft
03/29/2019 03/29/19 Price Changed $465,000 -2.1% $96 / Sq Ft
11/12/2018 11/12/18 Price Changed $475,000 -3.1% $98 / Sq Ft
11/05/2018 11/05/18 For Sale $490,000 -- $101 / 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
2024 $4,749 $463,100 $75,400 $387,700
2023 $4,623 $450,500 $60,400 $390,100
2022 $4,668 $455,000 $60,400 $394,600
2021 $4,358 $501,000 $60,400 $440,600
2020 $4,358 $424,000 $52,500 $371,500
2019 $4,267 $414,900 $52,500 $362,400
2018 $4,284 $416,600 $50,000 $366,600
2017 $4,086 $410,100 $45,000 $365,100
2016 $4,036 $411,100 $45,000 $366,100
2014 $3,830 $414,800 $45,000 $369,800
2013 -- $414,900 $45,000 $369,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21647268

MIBOR Broker Listing Cooperative®

APN: 18-06-25-476-019.000-009