NOT LISTED FOR SALE

5516 Red Cedar Dr Muncie, IN 47304

Estimated Value: $595,857 - $664,000

4 Beds
4.5 Baths
3,200 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $515,000 $161 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,884/month

125 Days on Market

Highlights

  • Waterfront
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Green Roof
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of November 2019

This home is located at 5516 Red Cedar Dr, Muncie, IN 47304 since 12 June 2019 and is currently estimated at $628,286, approximately $196 per square foot. This property was built in 2007. 5516 Red Cedar Dr is a home located in Delaware County with nearby schools including Wes-Del Elementary School, Wes-Del Middle/Senior High School, and St. Michael Catholic School.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group License #RB14045844 Listed on: 06/12/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jacob Cook

Rhodes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 2007

Lot Details

  • 0.3 Acre Lot
  • Waterfront

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

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

  • Covered patio or porch

Schools

  • Wes-Del Elementary School
  • Wes-Del Middle/Senior High School

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 180625402004000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,046

Year Built

Built in 2007

Lot Details

0

HOA Fees

$61 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2007
  • Building Area Total: 5605
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting, Doors, Windows, HVAC, Insulation, Low Energy Windows, Roof, Water Heater
  • Lot Size Acres: 0.3
  • Subdivision Name: Heron Pointe
  • Inspection Warranties: General
  • Transaction Type: Sale
  • MBR_AttributionContact: steveslavin@coldwellhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Kitchen Exhaust, Microwave, Convection Oven, Refrigerator, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2405
  • Fireplace Features: Primary Bedroom, Great Room, Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Living Area: 3200
  • Main Level Bedrooms: 4
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Spa Features: Private
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 3200
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2
  • SqFt Total: 5605

Exterior Features

  • Construction Materials: Brick, Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 539900
  • Patio And Porch Features: Covered Porch
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 943

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: 726
  • Association Fee Frequency: Annually
  • Association Phone: 317-701-5006
  • Association YN: Yes
  • Management Company Name: Heron Pointe

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Features: Other
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 13068
  • Parcel Number: 180625402004000009
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5046
  • Tax Lot: 69
  • Semi Annual Property Tax Amt: 2523
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Wes-Del Elementary School
  • High School: Wes-Del Middle/Senior High School
  • Schools: WES-DEL ELEMENTARY,WES-DEL HIGH,WES-DEL MIDDLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Nov 7, 2019
Sold by
Hughes Gordon and Abrell Jennifer J
Bought by
Hodkin Michael and Hodkin Kelly
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Jacob Cook
Rhodes Realty, LLC
List Price
$549,900
Sold Price
$515,000
Premium/Discount to List
-$34,900
-6.35%
Current Estimated Value
$628,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,286
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Security Developments Inc
Bought by
Hughes Gordon and Abrell Jennifer J

Purchase Details

Listed on
Mar 21, 2013
Closed on
Jun 13, 2013
Sold by
Grewal Sharon
Bought by
Hughes Gordon and Abrell Jennifer J
Seller's Agent
Nancee Kinghorn
Coldwell Banker Real Estate Group
Buyer's Agent
Linda Needham
Coldwell Banker Real Estate Group
List Price
$519,500
Sold Price
$509,000
Premium/Discount to List
-$10,500
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$250,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Kaur Balbir
Bought by
Grewal Sharon

Purchase Details

Closed on
May 24, 2010
Sold by
Kaur Balbir
Bought by
Grewal Sharon and Kaur Balbir

Purchase Details

Closed on
May 13, 2009
Sold by
Johnson Theresa A
Bought by
Kaur Balbir

Purchase Details

Closed on
Dec 6, 2007
Sold by
Wilson Eric E
Bought by
Johnson Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 9, 2006
Sold by
Security Developments Inc
Bought by
Wilson Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.22%
Mortgage Type
Construction
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
Hodkin Michael -- None Available
Hughes Gordon -- --
Hughes Gordon -- Youngs Title
Grewal Sharon -- Youngs Title
Grewal Sharon -- Youngs Title
Kaur Balbir -- Itic
Johnson Theresa A -- None Available
Wilson Eric E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Gordon $250,000
Previous Owner Grewal Sharon $200,000
Previous Owner Johnson Theresa A $550,000
Previous Owner Wilson Eric E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $515,000 0.0% $161 / Sq Ft
11/07/2019 11/07/19 Sold $515,000 -4.6% $89 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/04/2019 10/04/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $539,900 0.0% $169 / Sq Ft
07/16/2019 07/16/19 Price Changed $539,900 -1.8% $93 / Sq Ft
06/12/2019 06/12/19 For Sale $549,900 0.0% $172 / Sq Ft
06/04/2019 06/04/19 Price Changed $549,900 -3.5% $95 / Sq Ft
05/28/2019 05/28/19 For Sale $569,900 +12.0% $99 / Sq Ft
06/13/2013 06/13/13 Sold $509,000 -2.0% $71 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $519,500 -- $72 / 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 $5,868 $575,000 $75,400 $499,600
2023 $5,509 $539,100 $60,400 $478,700
2022 $5,620 $550,200 $60,400 $489,800
2021 $5,268 $608,400 $60,400 $548,000
2020 $5,210 $509,200 $52,500 $456,700
2019 $5,024 $490,600 $52,500 $438,100
2018 $5,047 $492,900 $50,000 $442,900
2017 $4,928 $486,600 $45,000 $441,600
2016 $4,813 $482,800 $45,000 $437,800
2014 $4,535 $483,000 $45,000 $438,000
2013 -- $482,900 $45,000 $437,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21646762

MIBOR Broker Listing Cooperative®

APN: 18-06-25-402-004.000-009