NOT LISTED FOR SALE

7324 E Pine Needle Ln Morgantown, IN 46160

Estimated Value: $499,000 - $671,000

4 Beds
2.5 Baths
4,870 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $378,000 $78 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,430/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Fireplaces
  • In-Law or Guest Suite
  • Ranch Style House
  • Covered Patio or Porch
  • Shed

About This Home

As of September 2016

Stunning custom built home on 5 acres. Great room has 12 ft ceiling, gas fireplace and wall of windows. Large eat-in kitchen with island, pantry, and fireplace. Formal dining room with buffet area. Master offers amazing bath with double sinks, and walk in closet with private deck. Beautiful view from deck or lower patio. Full walkout basement w family room, kitchen, and in law quarters. 3 car garage with loft!

Last Agent to Sell the Property

Linda Dzierba

Dzierba Real Estate Services License #RB14018564 Listed on: 08/05/2016

Last Buyer's Agent

Christopher Burke

Welcome Home Realty Group, LLC

Welcome Home Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 2006

Lot Details

  • 4.81 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4,870 Sq Ft Home
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Window Screens
  • Gas Oven
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic Tank

Community Details

  • Pine Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 551415225011000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2006
  • Garage Y N: Yes
  • Lot Size Acres: 4.81
  • Subdivision Name: PINE RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Stunning custom built home on 5 acres. Great room has 12 ft ceiling, gas fireplace and wall of windows. Large eat-in kitchen with island, pantry, and fireplace. Formal dining room with buffet area. Master offers amazing bath with double sinks, and walk in closet with private deck. Beautiful view from deck or lower patio. Full walkout basement w family room, kitchen, and in law quarters. 3 car garage with loft!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling
  • Appliances: Gas Oven
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Raised Ceiling(s), Screens Complete
  • Living Area: 4870
  • Other Equipment: Not Applicable
  • Room Count: 10
  • Areas Interior: In-Law Quarters
  • Eating Area: Breakfast Room,Dining-L
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2435
  • Main Level Sq Ft: 2435
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 4870
  • Below Grade Sq Ft: 2435
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: BankOwned
  • Exterior Features: Barn Mini
  • Foundation Details: Block
  • List Price: 374900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 3 Car Attached
  • Num Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 551415225011000012
  • Acres: 3-5 Acres
  • Lot Number: 1
  • Lot Size: 209,524

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1398
  • Semi Annual Property Tax Amt: 699
  • Tax Exemption: None

MLS Schools

  • School District: Martinsville MSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Sep 23, 2016
Sold by
New York Community Bank
Bought by
New Michael R and New Kristine E
Seller's Agent
Linda Dzierba
Dzierba Real Estate Services
Buyer's Agent
Christopher Burke
Welcome Home Realty Group, LLC
List Price
$374,900
Sold Price
$378,000
Premium/Discount to List
$3,100
0.83%
Current Estimated Value
$581,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,915
Avg. Annual Appreciation
5.20%
Original Mortgage
$302,400
Outstanding Balance
$246,231
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$350,922

Purchase Details

Closed on
May 23, 2016
Sold by
Fowler Mark A and Fowler Annete M
Bought by
New York Community Bank

Purchase Details

Closed on
Jun 5, 2006
Sold by
Countrytyme Indianapolis Ltd
Bought by
Fowler Mark A and Fowler Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,300
Interest Rate
6.68%
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
New Michael R -- None Available
New York Community Bank -- None Available
Fowler Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Michael R $302,400
Previous Owner Fowler Mark A $429,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $378,000 +0.8% $78 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $374,900 -- $77 / 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 $4,129 $578,500 $96,400 $482,100
2023 $3,126 $553,100 $96,400 $456,700
2022 $2,999 $500,200 $96,400 $403,800
2021 $2,242 $406,300 $64,000 $342,300
2020 $1,948 $389,300 $64,000 $325,300
2019 $2,025 $393,100 $64,000 $329,100
2018 $1,764 $359,200 $64,000 $295,200
2017 $1,662 $331,100 $64,000 $267,100
2016 $1,712 $334,100 $64,000 $270,100
2014 $1,399 $337,300 $64,000 $273,300
2013 $1,399 $340,300 $64,000 $276,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21434675

MIBOR Broker Listing Cooperative®

APN: 55-14-15-225-011.000-012