$515,000
SOLD NOV 7, 2019

5516 Red Cedar Dr Muncie, IN 47304

5 Beds
4.5 Baths
5,781 Sq Ft
0.69 Acres

Recently Sold

$89 Per Sq Ft

10% Below List Price

129 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Clubhouse
  • Spa
  • Lake Property
  • Fireplace in Bedroom

About This Home

As of November 2019

This home will blow you away with the attention to detail, amazing location, and move in ready status. This home is an impressive 5781 SF (with 2040 SF of finished space), 5 bedrooms, 4.5 baths, and sits on about 0.60AC of land with a pond view. Nearly 700 SF of covered patio that has the hot tub, seating, and BBQ area. Impressive 14ft ceilings in the entry with very custom ceilings. So much of the home is improved, including a new whole house generator (2015), additional kitchen cabinets, new oak wood floor, new water heater, new cabinets in the laundry for extra storage, many new custom blinds and window treatments, new dishwasher, custom closets, all new commercial light switches, amazing water purification system, industrial sump pump, and new front fountain (which stays with the home), and quite a bit of new landscaping over the years. Other update: new "Rain Soft" water treatment, air purification system, and reverse osmosis. New back up sump pump, new dishwasher, custom blinds, finished attic above garage with additional storage, and new water heater. This owner's attention to maintenance is exceptional. Other items that are negotiable: washer, dryer, pool table and accessories, hot tub and accessories (new motor in 2016), and a whole house Sonos audio system (the hardwired items to remain with the home -- more details to follow). HOA fee is $726/year which includes the general HOA neighborhood fee, plus the additional amount for maintenance of the pond. Wesdel School System. Seller has a copy of a previous survey. Easy to show. MATTERPORT TOUR NOW LIVE!

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 05/28/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jacob Cook

Rhodes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 2007

Lot Details

  • 0.69 Acre Lot
  • Backs to Open Ground
  • Property is Fully Fenced
  • Aluminum or Metal Fence
  • Landscaped
  • Sloped Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Bar
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Insulated Windows
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Utility Room in Garage
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bidet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Lake Property
  • Covered patio or porch

Location

  • Suburban Location

Schools

  • Wes-Del Elementary And Middle School
  • Wesdel High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-06-25-402-004.000-009

Community Details

Recreation

  • Waterfront Owned by Association

Additional Features

  • Heron Pointe Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,047

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Age: 12
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Heron Pointe Lot 68
  • Parcel Number ID: 18-06-25-402-004.000-009
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Bar, Built-In Speaker System, Built-In Bookcase, Cable Available, Ceiling-9+, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Jet Tub, Generator-Whole House, Landscaped, Open Floor Plan, Patio Covered, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Bidet, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Location: City/Town/Suburb, Lake
  • Number Below Grade Bedrooms: 1
  • Road Access: City
  • Sp Lp Percent: 95.39
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 6146
  • Total Finished Sq Ft: 5781
  • Above Grade Finished Sq Ft: 3741
  • Below Grade Finished Sq Ft: 2040
  • Below Grade Sq Ft: 365
  • Price Per Sq Ft: 137.66
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, 1st Bdrm, Two
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile
  • Living Great Room: Dimensions: 21x19, On Level: Main
  • Kitchen: Dimensions: 15x23, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Den: Dimensions: 15x12, On Level: Main
  • Recreation Room: Dimensions: 33x30, On Level: Basement
  • Bedroom 1: Dimensions: 20x17, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 14x14, On Level: Main
  • Bedroom 4: Dimensions: 13x11, On Level: Basement
  • Bedroom 5: Dimensions: 11x12, On Level: Main
  • Main Level Sq Ft: 3200
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2405

Exterior Features

  • Exterior: Brick, Stucco
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Fence: Full, Metal
  • Water Features: Assoc

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 23x41
  • Garage Sq Ft: 943
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Indiana Michigan Power
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: Mainx7, On Level: 15

Condo/Co-op/Association

  • Common Amenities: Clubhouse

Schools

  • School District: Wes-Del Community Schools
  • Elementary School: Wes-Del
  • Middle School: Wes-Del
  • High School: Wesdel
  • Elementary School: Wes-Del

Lot Info

  • Lot Description: Slope, 0-2.9999, Water View
  • Estimated Lot Sq Ft: 30056
  • Estimated Lot Size Acres: 0.69

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Insulation, Roofing, Thermostat/Controllers, Windows, Water Heater
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 5047.02
  • Total Assessed Value: 492900
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Wesdel
  • Middle School: Wes-Del
  • School District: Wes-Del Community Schools

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
$631,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,842
Avg. Annual Appreciation
5.20%

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
2.51%
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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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 -- None Available
Warranty Deed -- --
Warranty Deed -- Youngs Title
Quit Claim Deed -- Youngs Title
Interfamily Deed Transfer -- Youngs Title
Warranty Deed -- Itic
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $550,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Construction
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: 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 $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: Indiana Regional MLS

MLS Number: 201921262

Indiana Regional MLS

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