NOT LISTED FOR SALE

5505 N Sollars Dr Muncie, IN 47304

Estimated Value: $323,000 - $463,000

4 Beds
2.5 Baths
3,880 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $240,000 $62 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,410/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Royerton Elementary School Rated A-
  • Patio
  • Garage

About This Home

As of June 2018

Delta Schools! This custom built, one-owner home has been meticulously maintained and tastefully updated. When you enter the home you are greeted by the large living room. The formal dining room is off to the right and opens up to the spacious galley kitchen. The circular floor plan comes around to the cozy family room with fireplace. Off the kitchen there is a spacious mud room, which you will absolutely love, along with the half bath and access to the garage. The master bedroom is on the opposite side of the living room and features room for a sitting area, along with a large walk in closet and updated bath. There is a beautiful sun room off the family room. The sun room has vaulted ceilings and is heated and cooled for year round use.

Last Agent to Sell the Property

Rebekah Hanna

RE/MAX Real Estate Groups License #RB14034682 Listed on: 04/26/2018

RE/MAX Real Estate Groups

Last Buyer's Agent

Reika Wilson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Year Built

  • Built in 1985

Lot Details

  • 0.32

Parking

  • Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • 0.32 Acre Lot

Community Details

  • Farmington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 180730329005000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1985
  • Garage Y N: Yes
  • Lot Size Acres: 0.3214
  • Subdivision Name: FARMINGTON
  • Inspection Warranties: Not Applicable
  • Property Description: Delta Schools! This custom built, one-owner home has been meticulously maintained and tastefully updated. When you enter the home you are greeted by the large living room. The formal dining room is off to the right and opens up to the spacious galley kitchen. The circular floor plan comes around to the cozy family room with fireplace. Off the kitchen there is a spacious mud room, which you will absolutely love, along with the half bath and access to the garage. The master bedroom is on the opposite side of the living room and features room for a sitting area, along with a large walk in closet and updated bath. There is a beautiful sun room off the family room. The sun room has vaulted ceilings and is heated and cooled for year round use.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 3880
  • Other Equipment: Smoke Detector
  • Room Count: 11
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Formal Dining Room,Kitchen Galley
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2680
  • Main Level Sq Ft: 1980
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: See Remarks
  • Total Sq Ft: 3880
  • Below Grade Sq Ft: 1200
  • Upper Level Sq Ft: 700
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 249900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 180730329005000007
  • Acres: 1/4-1/2 Acre
  • Lot Number: 188
  • Lot Size: 14,000

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2288
  • Semi Annual Property Tax Amt: 1144
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Delaware Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 11, 2018
Sold by
Gross Dan W and Gross Kristina
Bought by
Shrack Thomas and Shrack Yasumi
Seller's Agent
Rebekah Hanna
RE/MAX Real Estate Groups
Buyer's Agent
Reika Wilson
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Total Days on Market
17
Current Estimated Value
$385,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,434
Avg. Annual Appreciation
6.44%
Original Mortgage
$228,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Shrack Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrack Thomas Reed $226,500
Closed Shrack Thomas $228,000
Previous Owner Gross Dan W $190,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $240,000 -4.0% $62 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $249,900 -- $64 / 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 $3,152 $303,400 $35,400 $268,000
2023 $3,159 $303,400 $35,400 $268,000
2022 $2,739 $261,400 $35,400 $226,000
2021 $2,543 $241,700 $34,300 $207,400
2020 $2,377 $225,100 $31,200 $193,900
2019 $2,376 $225,100 $31,200 $193,900
2018 $2,376 $225,100 $31,200 $193,900
2017 $2,289 $220,100 $28,200 $191,900
2016 $2,262 $220,200 $28,200 $192,000
2014 $1,782 $202,100 $26,900 $175,200
2013 -- $200,200 $26,900 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21562112

MIBOR Broker Listing Cooperative®

APN: 18-07-30-329-005.000-007