NOT LISTED FOR SALE

5501 W Old Stone Rd Muncie, IN 47304

Estimated Value: $427,020 - $436,000

4 Beds
3 Baths
3,979 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2024

Last sale price $400,000 $101 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,653 / mo

95 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Corner Lot
  • Pleasant View Elementary School Rated A-
  • Whirlpool Bathtub
  • Great Room

About This Home

As of March 2024

This one owner custom home has been meticulously maintained and is ready for new owners. The welcoming front porch & spacious foyer opens to the formal dining area on the right & the great room ahead w/gas log fireplace & overlooking lg. deck & parklike back yard Kitchen features beautiful cabinetry, dining area, breakfast bar, gas cooktop, built-in oven, refrigerator, microwave, & exhaust hood. The primary bedroom & sitting area also open to the deck & offers a spacious bathroom with huge walk in closet, jetted tub, double sinks, makeup vanity, walk in shower & subway tile. This split floor plan offers two more bedrooms and guest bath upstairs. (1 BR is currently used as an office.) Finished basement features a lg. rec room w/ wet bar/kit.area, BR, bath, a (craft rm, or play rm,) & mechanical rm., new HVAC, sump pump w/battery backup @ newer water heater. Oversized 2 C. gar, LED lighting, utility work sink, pull down attic stairs, abundance of storage in bsmt., craft rm closets, closet under stairs, & Lg. master closet are other nice features. Crawl space under primary BR w/ entrance NW corner of primary BR. or closet in bsmt craft rm. Beautiful natural woodwork & 6 panel wooden doors throughout, solid surface counter tops in Kit.&Baths (*Builder sq. ft. is 2,367 main floor, 1612 sq.ft. bsmt, garage 551 sq. ft. (total 4,530.) Tax record shows 4,323 total with 2,452 on main floor, 1,363 in bsmt. & 508 in garage.) Yorktown Community Schools. *In addition to items that remain with property, the generator with regulated power supply & extensions cords & 2nd refrigerator in laundry room are included in the sale. Gas dryer currently- there is also an electrical outlet in utility room for an electric dryer.

Last Agent to Sell the Property

Merry Schwindt

Coldwell Banker Real Estate Group Brokerage Phone: 765-702-3880 Listed on: 10/12/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,761

Year Built

  • Built in 2005

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 114 x 112
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pleasant View Yorktown Elementary School
  • Yorktown Middle School
  • Yorktown High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Generator Hookup
  • Cable TV Available

Community Details

  • Deerbrook Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-10-13-251-018.000-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,761

Year Built

Built in 2005

Lot Details

0.29 Acres

HOA Fees

$12 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Deerbrook Village Sec A Lot 18
  • Parcel Number ID: 18-10-13-251-018.000-035
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Breakfast Bar, Cable Ready, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Detector-Smoke, Disposal, Foyer Entry, Jet Tub, Generator Ready, Landscaped, Porch Covered, Six Panel Doors, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry
  • Location: Rural Subdivision, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Section Number: Sec A
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4674
  • Total Finished Sq Ft: 3979
  • Above Grade Finished Sq Ft: 2367
  • Below Grade Finished Sq Ft: 1612
  • Above Grade Unfinished Sq Ft: 551
  • Below Grade Sq Ft: 144
  • Basement: Yes
  • Basement Foundation: Crawl, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Living Great Room: Dimensions: 20x19, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Breakfast Room: Dimensions: 14x10, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 32x24, On Level: Basement
  • Extra Room: craft/play, Dimensions: 21x11, On Level: Basement
  • Bedroom 1: Dimensions: 24x13, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Basement
  • Other Room1: mechanical, Dimensions: 13x13, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1756

Exterior Features

  • Exterior: Brick
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Dish Network
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx9, On Level: 10

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 140
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Pleasant View (K-2) Yorktown (3-5)

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 114 x 112
  • Estimated Lot Sq Ft: 12632
  • Estimated Lot Size Acres: 0.29
  • Lot Number: 18

Tax Info

  • Annual Taxes: 3761
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Yorktown
  • Middle School: Yorktown
  • School District: Yorktown Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Mar 12, 2024
Sold by
Bishop Charles D
Bought by
Butler Michael T and Butler Abby L
Seller's Agent
Merry Schwindt
Coldwell Banker Real Estate Group
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
419
Current Estimated Value
$431,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,755
Avg. Annual Appreciation
3.70%
Original Mortgage
$250,000
Outstanding Balance
$229,006
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$202,749

Purchase Details

Closed on
Jul 14, 2005
Sold by
Highley Jerry D and Highley Catherine A
Bought by
Bishop Charles D and Bishop Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,300
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Butler Michael T -- None Listed On Document
Bishop Charles D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Michael T $250,000
Previous Owner Bishop Charles D $262,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $400,000 0.0% $101 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $400,000 -2.4% $101 / Sq Ft
10/12/2023 10/12/23 For Sale $410,000 -- $103 / Sq Ft
Source: Indiana Regional MLS

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
2025 $4,224 $444,000 $36,900 $407,100
2024 $3,644 $362,000 $36,900 $325,100
2023 $3,683 $365,900 $36,900 $329,000
2022 $3,761 $373,700 $36,900 $336,800
2021 $3,209 $318,500 $35,200 $283,300
2020 $3,243 $321,900 $35,200 $286,700
2019 $3,276 $325,200 $35,200 $290,000
2018 $3,309 $328,500 $35,200 $293,300
2017 $3,269 $324,500 $33,000 $291,500
2016 $3,141 $311,700 $33,000 $278,700
2014 $3,105 $308,100 $32,400 $275,700
2013 -- $276,100 $32,400 $243,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202337530

Indiana Regional MLS

APN: 18-10-13-251-018.000-035

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