$58,000
SOLD MAY 7, 2025

522 S Meridian St Redkey, IN 47373

2 Beds
1.5 Baths
1,268 Sq Ft
0.45 Acres

Recently Sold

$46 Per Sq Ft

11% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Enclosed Patio or Porch
  • Electric Fireplace

About This Home

As of May 2025

Lots of potential with this fixer upper! Conveniently located right off of Hwy 1 in Redkey, this home sits on a beautiful almost half an acre lot with mature trees. A spacious 2 car garage with a separate workshop area in the back and an additional shed provide ample storage. The lower level of the home has laminate flooring throughout and spacious rooms. A beautiful enclosed porch with large windows provides a comfortable space flooded with natural light to enjoy morning coffee or simply enjoy viewing the outdoors while being protected from the outside elements. The upstairs of the home hasn't been used in years and has a separate entrance/exit- perfect for those with investment aspirations. Whether desiring a large family home or a potential income producing property, with some TLC, this home could be just what you're looking for!

Last Agent to Sell the Property

Sarah Lutz-Duncan

Wagner Auctioneering and Real Estate Brokerage Email: wagnerauctioneering@yahoo.com Listed on: 04/01/2025

Last Buyer's Agent

Sarah Lutz-Duncan

Wagner Auctioneering and Real Estate Brokerage Email: wagnerauctioneering@yahoo.com Listed on: 04/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74

Year Built

  • Built in 1876

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 152 x 132
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Metal Roof
  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Schools

  • Redkey Elementary School
  • Jay County Middle School
  • Jay County High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • Energy-Efficient HVAC
  • Enclosed Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 38-09-23-104-020.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$74

Year Built

Built in 1876

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1876
  • Age: 149
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: LOTS 4-6 M V COONS 2ND ADD
  • Parcel Number ID: 38-09-23-104-020.000-031
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Porch Enclosed, Range/Oven Hook Up Elec, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.23
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2164
  • Total Finished Sq Ft: 1268
  • Above Grade Finished Sq Ft: 1268
  • Above Grade Unfinished Sq Ft: 896
  • Price Per Sq Ft: 45.74
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Electric, One
  • Fireplace: Yes
  • Flooring: Laminate
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 13x13, On Level: Main
  • Bedroom 1: Dimensions: 13x10, On Level: Main
  • Bedroom 2: Dimensions: 13x8, On Level: Main
  • Other Room1: Enclosed Porch, Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Asbestos
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 18x16

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx11, On Level: 12

Schools

  • School District: Jay Schools
  • Elementary School: Redkey
  • Middle School: Jay County
  • High School: Jay County
  • Elementary School: Redkey

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 152 X 132
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 73.64

MLS Schools

  • High School: Jay County
  • Middle School: Jay County
  • School District: Jay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 17, 2022
Sold by
Monroe Susan K
Bought by
Gayheart Matthew
Seller's Agent
Sherri Finnerty
Jack Houck Real Estate
Buyer's Agent
Sherri Finnerty
Jack Houck Real Estate
List Price
$52,500
Sold Price
$49,000
Premium/Discount to List
-$3,500
-6.67%
Current Estimated Value
$69,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,871
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
May 10, 2016
Sold by
Goodman D
Bought by
Monroe Susan K

Purchase Details

Closed on
May 21, 2015
Sold by
Silvers Dorothy
Bought by
Goodman D
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 Type Sale Price Title Company
Warranty Deed $49,000 Colren, Frantz & Sprunger
Deed $33,000 Coldren & Frantz
Deed $23,000 Coldren & Frantz
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $58,000 -10.8% $46 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $65,000 +32.7% $51 / Sq Ft
08/17/2022 08/17/22 Sold $49,000 0.0% $39 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $49,000 -6.7% $39 / Sq Ft
06/06/2022 06/06/22 For Sale $52,500 -- $41 / 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 $74 $60,600 $8,100 $52,500
2023 $74 $60,100 $11,300 $48,800
2022 $46 $66,300 $11,300 $55,000
2021 $323 $51,100 $3,500 $47,600
2020 $323 $51,100 $3,500 $47,600
2019 $323 $53,100 $3,500 $49,600
2018 $323 $53,100 $3,500 $49,600
2017 $378 $44,100 $3,500 $40,600
2016 $869 $41,800 $3,500 $38,300
2014 -- $44,200 $3,500 $40,700
2013 -- $43,500 $3,500 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202510733

Indiana Regional MLS

APN: 38-09-23-104-020.000-031