NOT LISTED FOR SALE

7401 N Landings Trail Muncie, IN 47303

Estimated Value: $637,000 - $758,130

4 Beds
3.5 Baths
3,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $615,000 $192 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,075/month

1 Day on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • No HOA
  • Royerton Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2021

WHAT AN AMAZING PROPERTY IN THE EXCLUSIVE WATERBURY LANDINGS SUBDIVISION! This home received a major renovation in 2014 that includes; new kitchen, owners bathroom upgrade, finished area of basement, full basement bath, hardwood flooring, carpet & painting. A deluxe moulding package was installed throughout the main living areas. Upgraded solid 3/4 inch oak hardwood flooring w/distressed look. The dream kitchen includes custom Amish cabinetry, granite countertops, breakfast bar, Wolf range & built-in oven, Sub zero refrigerator, coffee bar, under cabinet led lighting, walk-in pantry & reverse osmosis drinking water system. The owners bdrm features a tray ceiling, large bathroom w/walk-in shower, jet tub, & huge WIC.

Last Agent to Sell the Property

Ryan Orr

RE/MAX Real Estate Groups License #RB14048227 Listed on: 05/03/2021

RE/MAX Real Estate Groups

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Tray Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Schools

  • Royerton Elementary School
  • Delta Middle School
  • Delta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Power Generator
  • Iron Water Filter
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Waterbury Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 180720151003000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,276

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2004
  • Building Area Total: 6000
  • Garage Y N: Yes
  • Lot Size Acres: 1.008
  • Subdivision Name: Waterbury
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: orr@orrhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial, Sump Pump
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust, Microwave, Gas Oven, Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1750
  • Fireplace Features: Gas Log, Recreation Room
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Breakfast Bar, Paddle Fan, Pantry
  • Living Area: 3200
  • Other Equipment: Generator, Iron Filter
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 400
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 6000

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Delta Middle School

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 43908
  • Parcel Number: 180720151003000006
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3276
  • Tax Block: 1
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1638
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • Elementary School: Royerton Elementary School
  • High School: Delta High School
  • Schools: DELTA HIGH,DELTA MIDDLE,ROYERTON ELEMENTARY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 11, 2021
Sold by
Murrell John R and Murrell Rita A
Bought by
Drake Kenneth E and Drake Kenna D
Seller's Agent
Ryan Orr
RE/MAX Real Estate Groups
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$629,900
Sold Price
$615,000
Premium/Discount to List
-$14,900
-2.37%
Current Estimated Value
$715,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,043
Avg. Annual Appreciation
3.41%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,671

Purchase Details

Listed on
Aug 13, 2013
Closed on
Apr 18, 2014
Sold by
Hill Frank D and Hill Barbara J
Bought by
Murrell John R and Murrell Rita A
Seller's Agent
Aaron Orr
RE/MAX Real Estate Groups
Buyer's Agent
Aaron Orr
RE/MAX Real Estate Groups
List Price
$379,900
Sold Price
$358,900
Premium/Discount to List
-$21,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$287,120
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drake Kenneth E $615,000 None Available
Murrell John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Kenneth E $548,250
Previous Owner Murrell John R $287,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $615,000 -2.4% $192 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $629,900 +75.5% $197 / Sq Ft
04/18/2014 04/18/14 Sold $358,900 -5.5% $112 / Sq Ft View Prior Sale
02/16/2014 02/16/14 Pending -- -- --
08/13/2013 08/13/13 For Sale $379,900 -- $119 / 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 $3,764 $421,500 $60,100 $361,400
2023 $3,639 $421,500 $60,100 $361,400
2022 $3,832 $429,600 $60,100 $369,500
2021 $3,137 $332,100 $60,100 $272,000
2020 $3,276 $335,300 $60,100 $275,200
2019 $3,073 $338,500 $60,100 $278,400
2018 $2,945 $341,700 $60,100 $281,600
2017 $2,853 $338,800 $60,100 $278,700
2016 $2,552 $310,600 $50,100 $260,500
2014 $2,281 $310,600 $50,100 $260,500
2013 -- $310,600 $50,100 $260,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21782889

MIBOR Broker Listing Cooperative®

APN: 18-07-20-151-003.000-006