NOT LISTED FOR SALE

5401 N Sollars Dr Muncie, IN 47304

Estimated Value: $410,875 - $451,000

5 Beds
3 Baths
4,386 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $230,000 $52 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,748/month

36 Days on Market

Highlights

  • 2 Fireplaces
  • Corner Lot
  • 3 Car Attached Garage
  • Royerton Elementary School Rated A-
  • Solid Surface Countertops
  • Eat-In Kitchen

About This Home

As of August 2017

GREAT 5 BR, 3.5 BATH, 3 CAR GARAGE FAMILY HOME IN DELTA SCHOOLS. Although built in 1987 this home has been remodeled with many add on additions starting the large entry with tile floors and cathederal ceiling with sky light. The new kitchen by Richards Kitchen and Baths offers an abundance of custom wood cabinets with hard surface counters featuring roll out shelves, easy access pantry, built in refrigerator, built-in desk plus a breakfast bar with seating for 6. The kitchen was expanded to include a large eating area with many windows and tile floors. The formal LR & DR both offer crown molding plus there is an added sun room with cathederal ceiling, fireplace and tile floors. A 1/2 bath and tile floor hall gives easy access to both the large deck and 3 car attached garage. The lower level has a large FR with stone FP including an excercise area plus a large office with a full wall of built-in book shelves and 2 double closets. Also in the lower level is a large storage closet, BR, full bath and laundry room. The 2nd level includes 4 BRs and 2 full baths including the MBR suite with 18' X 7'3 custom WIC and large master bath including his and her's vanities, dressing table, whirlpool tub, separate shower and commode closet. Situated on nice corner lot with all city utilities, Comcast Internet however owners have Direct TV. Close to shopping, banking and very handy to I-69. MUST SEE TO APPRECIATE THE SPACE!!! Electric average is $193.00, Gas - $59.00 and Water & Sewage paid to Indiana American Water is $111.00 per month. AMENITIES and UPDATES are an installed Generator, a 10 KW, that has a test cycle each Monday and is hooked up to sump pump, furnaces, kitchen, garage for freezer and seceral lights. Roof is 2 years, GFA furnace & HP down are 2 years old plus there are 2 additional GFA/CA units. Two waterheaters. Ratchford Painting recently painted the woodwork and some interior walls. Alarm system is with Consumer Security

Last Agent to Sell the Property

Jan Reed

Coldwell Banker Real Estate Group Listed on: 05/30/2017

Coldwell Banker Real Estate Group

Last Buyer's Agent

Ryan Kramer

RE/MAX Real Estate Groups

RE/MAX Real Estate Groups

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 120x125
  • Landscaped
  • Corner Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Stone Exterior Construction
  • Cedar

Interior Spaces

  • Wired For Data
  • Woodwork
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Cable TV Available

Community Details

  • $10 Other Monthly Fees
  • Farmington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-07-30-330-001.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,507

Year Built

Built in 1987

Lot Details

0

HOA Fees

$3 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1987
  • Age: 30
  • Style: Tri-Level
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Farmington Plat 8, Lot 185 |
  • Parcel Number ID: 18-07-30-330-001.000-007
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Cable Available, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Generator Built-In, Landscaped, Natural Woodwork, Twin Sink Vanity, Wiring-Data, Wiring-Security System, Tub and Separate Shower, Tub/Shower Combination, Garage-Heated, Sump Pump
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Road Surface: Asphalt
  • Sp Lp Percent: 92.04
  • Year Taxes Payable: 2017
  • Special Features: None

Interior Features

  • Total Sq Ft: 4386
  • Total Finished Sq Ft: 4386
  • Above Grade Finished Sq Ft: 2914
  • Below Grade Finished Sq Ft: 1472
  • Price Per Sq Ft: 78.93
  • Basement: Yes
  • Basement Foundation: Partial Basement, Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Wood Burning, Two
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 27x15, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 29x19, On Level: Lower
  • Extra Room: Office, Dimensions: 16x12, On Level: Upper
  • Bedroom 1: Dimensions: 16x15, On Level: Upper
  • Bedroom 2: Dimensions: 15x15, On Level: Upper
  • Bedroom 3: Dimensions: 12x10, On Level: Upper
  • Bedroom 4: Dimensions: 13x10, On Level: Lower
  • Bedroom 5: Dimensions: 19x11, On Level: Lower
  • Other Room1: Foyer, Dimensions: 15x12, On Level: Main
  • Other Room 2: Sun Room, Dimensions: 15x14, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1472

Exterior Features

  • Exterior: Cedar, Stone
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 21x38
  • Garage Sq Ft: 798
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: DirectTV
  • Laundry: Dimensions: Lowerx10, On Level: 15

Condo/Co-op/Association

  • Association Fees: 30
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks
  • Other Fee Description: Storm water & ditch
  • Other Fees Dollar: 118

Schools

  • School District: Delaware Community School Corp.
  • Elementary School: Royerton
  • Middle School: Delta
  • High School: Delta
  • Elementary School: Royerton

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 120x125
  • Estimated Lot Sq Ft: 15246
  • Estimated Lot Size Acres: 0.35
  • Lot Number: 185

Green Features

  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 2507
  • Total Assessed Value: 250700
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Delta
  • Middle School: Delta
  • School District: Delaware Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 11, 2017
Sold by
Reedy Richard L and Reedy Denise J
Bought by
Hewitt Michael and Hewitt Kim
Seller's Agent
Jan Reed
Coldwell Banker Real Estate Group
Buyer's Agent
Ryan Kramer
RE/MAX Real Estate Groups
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$439,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,219
Avg. Annual Appreciation
8.31%
Original Mortgage
$70,000
Outstanding Balance
$39,472
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$391,266
Source: Public Records

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Range of Values:

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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
Hewitt Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewitt Michael $70,000
Previous Owner Reedy Richard L $50,000
Previous Owner Reedy Richard L $128,500
Previous Owner Reedy Richard L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $230,000 -8.0% $52 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $249,900 -- $57 / 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 $3,574 $345,600 $37,900 $307,700
2023 $3,588 $345,600 $37,900 $307,700
2022 $3,179 $304,700 $37,900 $266,800
2021 $2,934 $279,900 $36,700 $243,200
2020 $2,682 $254,600 $33,400 $221,200
2019 $2,680 $254,600 $33,400 $221,200
2018 $2,679 $254,600 $33,400 $221,200
2017 $2,681 $254,800 $30,200 $224,600
2016 $2,625 $250,700 $30,200 $220,500
2014 $2,047 $226,000 $28,800 $197,200
2013 -- $223,900 $28,800 $195,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201723980

Indiana Regional MLS

APN: 18-07-30-330-001.000-007