$488,500
SOLD APR 8, 2025

56406 Ponderosa Path Middlebury, IN 46540

4 Beds
3 Baths
2,459 Sq Ft
0.7 Acres

Recently Sold

$199 Per Sq Ft

9% Below List Price

177 Days on Market

Highlights

  • Primary Bedroom Suite
  • Backs to Open Ground
  • Covered patio or porch
  • Open Floorplan
  • Stone Countertops
  • 3 Car Attached Garage

About This Home

As of April 2025

Nearly new 4 bedroom, 3 full bath home built in 2022 by Team Construction. Located in Evergreen Ridge, this home is close to schools and shopping. Main floor is a beautiful sunlit open concept with cathedral ceilings. Spending time in the kitchen is easy with soft close draws and granite counter tops. Finished basement is complete with a dry bar, an additional bedroom, full bathroom and bonus room that can be used as an office or craft space. Enjoyed the covered patio in the private bakyard.

Last Agent to Sell the Property

Megan Shultz

Century 21 Circle Brokerage Phone: 574-293-2121 Listed on: 09/09/2024

Century 21 Circle

Last Buyer's Agent

Aaron Wright

RE/MAX Results- Warsaw

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 2022

Lot Details

  • 0.7 Acre Lot
  • Backs to Open Ground
  • Partially Fenced Property
  • Privacy Fence
  • Vinyl Fence
  • Level Lot
  • Irrigation

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Partially Finished Basement

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

Outdoor Features

  • Covered patio or porch

Schools

  • Orchardview Elementary School
  • Heritage Middle School
  • Northridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Evergreen Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-08-08-252-002.000-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,077

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2022
  • Age: 3
  • Style: One Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: EVERGREEN RIDGE LOT 12; & INT IN COMMON AREA
  • Parcel Number ID: 20-08-08-252-002.000-034
  • Platted: Yes
  • Amenities: Alarm System-Security, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Countertops-Stone, Eat-In Kitchen, Irrigation System, Open Floor Plan, Patio Covered, Main Level Bedroom Suite, Main Floor Laundry
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.9
  • Year Taxes Payable: 2023 pay 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3392
  • Total Finished Sq Ft: 2459
  • Above Grade Finished Sq Ft: 1696
  • Below Grade Finished Sq Ft: 763
  • Below Grade Sq Ft: 933
  • Price Per Sq Ft: 288.03
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1696

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: None
  • Fence: Partial, Privacy, Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 34x23
  • Garage Sq Ft: 782
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Middlebury Community Schools
  • Elementary School: Orchardview
  • Middle School: Heritage
  • High School: Northridge
  • Elementary School: Orchardview

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: 30492 sqft
  • Estimated Lot Sq Ft: 30492
  • Estimated Lot Size Acres: 0.7

Tax Info

  • Annual Taxes: 4077.24

MLS Schools

  • High School: Northridge
  • Middle School: Heritage
  • School District: Middlebury Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Apr 8, 2025
Sold by
Li Yanchun
Bought by
Rigby James R and De La Fuente-Rigby
Seller's Agent
Megan Shultz
Century 21 Circle
Buyer's Agent
Aaron Wright
RE/MAX Results- Warsaw
List Price
$539,000
Sold Price
$488,500
Premium/Discount to List
-$50,500
-9.37%
Views
209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%
Original Mortgage
$405,000
Outstanding Balance
$405,000
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
$100,039

Purchase Details

Closed on
May 30, 2023
Sold by
Team Construction Company Inc
Bought by
Li Yanchun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2018
Sold by
Big M Inc
Bought by
Spartan Development Llc
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 -- Near North Title Group
Special Warranty Deed $480,000 Near North Title Group
Warranty Deed $480,000 Near North Title Group
Warranty Deed -- Fidelity Natl Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 VA
Previous Owner $432,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $488,500 -2.1% $199 / Sq Ft
02/28/2025 02/28/25 Price Changed $499,000 -3.1% $203 / Sq Ft
01/29/2025 01/29/25 Price Changed $515,000 -0.8% $209 / Sq Ft
12/06/2024 12/06/24 Price Changed $519,000 -1.9% $211 / Sq Ft
11/16/2024 11/16/24 Price Changed $529,000 -1.9% $215 / Sq Ft
09/09/2024 09/09/24 For Sale $539,000 -- $219 / 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 $4,077 $454,200 $58,100 $396,100
2022 $4,077 $1,100 $1,100 $0
2021 $22 $1,100 $1,100 $0
2020 $22 $1,100 $1,100 $0
2019 $21 $1,100 $1,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202434755

Indiana Regional MLS

APN: 20-08-08-252-002.000-034