$509,000
SOLD JUN 13, 2013

5516 Red Cedar Dr Muncie, IN 47304

5 Beds
4.5 Baths
7,200 Sq Ft
0.69 Acres

Recently Sold

$71 Per Sq Ft

2% Below List Price

66 Days on Market

Highlights

  • Clubhouse
  • Lake, Pond or Stream
  • 3 Car Attached Garage
  • Fireplace in Bedroom
  • Ranch Style House
  • Patio

About This Home

As of November 2019

What a picturesque setting! This 5 bedroom, 4.5 bath brick ranch in Heron Pointe has so much to offer from the great view of the lake to the finished basement. A 36 X 16 covered aggregate porch with a grilling island that features a built-in stainless steel grill, refrigerator and sink is great for outdoor entertaining. The inviting covered front porch highlights the leaded glass double front door. The impressive 2-story entry has ceramic tile flooring and has a great view of the dining room, study, kitchen and great room. Walnut flooring, crown molding, Palladium window and coffered tray ceiling with faux finish adorn the elegant dining room. The great room has double crown molding, built-in bookcases, and a gas log fireplace. The den features a barrel vaulted ceiling with decorative faux finish, a ceiling fan and matching Palladium window---it will be a room you wont want to leave!

Last Agent to Sell the Property

Nancee Kinghorn

Coldwell Banker Real Estate Group Listed on: 03/21/2013

Last Buyer's Agent

Linda Needham

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 2007

Lot Details

  • 0.69 Acre Lot
  • Irregular Lot
  • Sloped Lot

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Insulated Windows
  • Living Room with Fireplace
  • Disposal
  • Washer Hookup
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 0625402004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,839

Year Built

Built in 2007

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Age: 7
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 12
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Heron Pointe Lot 68
  • Parcel Number ID: 0625402004000
  • Platted: Yes
  • Amenities: Cable Available, Disposal, Patio Open, Washer Hook-Up
  • Zoning Description: Res
  • Special Features: None

Interior Features

  • Total Sq Ft: 5200
  • Total Finished Sq Ft: 7200
  • Above Grade Finished Sq Ft: 5200
  • Below Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 200
  • Price Per Sq Ft: 97.88
  • Basement: Yes
  • Fireplace: Living/Great Rm, 1st Bdrm
  • Kitchen: Dimensions: 15x15
  • Dining Room: Dimensions: 12x13
  • Extra Room: Dimensions: 19x19
  • Bedroom 1: Dimensions: 12x13
  • Bedroom 2: Dimensions: 17x20
  • Bedroom 3: Dimensions: 13x14
  • Bedroom 4: Dimensions: 13x14
  • Bedroom 5: Dimensions: 11x13, On Level: Basement
  • Other Room1: Dimensions: 8x15, On Level: Main
  • Other Room 2: Dimensions: 33x36
  • Other Room 3: Dimensions: 13x16
  • Main Level Sq Ft: 3200
  • Total Below Grade Sq Ft: 2200

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Outbuilding2: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, Vectren Corp
  • Water Company: Indiana American Water Co
  • Laundry: Dimensions: 7xMain, On Level: 14
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 525
  • Association Fees Frequency: Annually
  • Common Amenities: Clubhouse

Schools

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

Lot Info

  • Lot Description: Irregular, Slope
  • Lot Dimensions: x
  • Estimated Lot Sq Ft: 30056
  • Estimated Lot Size Acres: 0.69

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 3839
  • Total Assessed Value: 475900
  • Exemptions: Homestead, Mortgage

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

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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 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: 20070317

Indiana Regional MLS

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