NOT LISTED FOR SALE

7508 Cedarcrest Dr Leo, IN 46765

Estimated Value: $202,000 - $254,000

3 Beds
1 Bath
1,300 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $86,875 $67 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,374/month

141 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Ceiling Fan
  • Cedarville Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of May 2014

Garage Just Added 2 Car/ 3 Bedroom / 1 Full Bath / Large Kitchen /Private back Yard/Fenced Yard/High Efficiency Furnace/large Shed/Central Air/Ceiling Fans/spacious Living Space/

Last Listed By

David Mervar

Beer & Mervar REALTORS Listed on: 10/01/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $422

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x200
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-17-380-002.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$422

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 42
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: survey to determine / cedar crest pk add lot5
  • Parcel Number ID: 02-03-17-380-002.000-042
  • Platted: Yes
  • Amenities: Ceiling Fan(s)
  • Sp Lp Percent: 99.29
  • Special Features: None

Interior Features

  • Total Sq Ft: 1300
  • Total Finished Sq Ft: 1300
  • Above Grade Finished Sq Ft: 1300
  • Price Per Sq Ft: 66.83
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 13x12, On Level: Main
  • Kitchen: Dimensions: 16x12, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 11x8, On Level: Main
  • Recreation Room: Dimensions: 8x7, On Level: Main
  • Bedroom 1: Dimensions: 10x9, On Level: Main
  • Bedroom 2: Dimensions: 8x9, On Level: Main
  • Bedroom 3: Dimensions: 9x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 10x12

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x25
  • Garage Sq Ft: 550

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 5xMain, On Level: 12
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Cedarville
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 100x200
  • Estimated Lot Sq Ft: 22000
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 422
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
May 2, 2014
Sold by
Iab Ira
Bought by
Chapman Ronald and Chapman Alisha
Seller's Agent
David Mervar
Beer & Mervar REALTORS
Buyer's Agent
Fred Webb
Beer and Associates
List Price
$94,500
Sold Price
$86,875
Premium/Discount to List
-$7,625
-8.07%
Total Days on Market
141
Current Estimated Value
$229,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,103
Avg. Annual Appreciation
8.78%
Original Mortgage
$88,647
Outstanding Balance
$68,915
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$151,330

Purchase Details

Listed on
Oct 1, 2013
Closed on
Apr 29, 2014
Sold by
Bradford Pepple Roth Ira and Pepple Bradford
Bought by
Chapman Ronald
Seller's Agent
David Mervar
Beer & Mervar REALTORS
Buyer's Agent
Fred Webb
Beer and Associates
List Price
$94,500
Sold Price
$86,875
Premium/Discount to List
-$7,625
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,647
Outstanding Balance
$68,915
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$151,330

Purchase Details

Closed on
Jun 11, 2013
Sold by
Crabill Kortney E and Crabill Jason K
Bought by
Iab Financial Bank and Pepple Bradford D

Purchase Details

Closed on
Dec 4, 2006
Sold by
Shook Eric J and Shook Angela M
Bought by
Crabill Jason K and Steury Kortney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,706
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2004
Sold by
Lutteringer Paul A
Bought by
Shook Eric J and Shook Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,800
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Chapman Ronald $86,900 --
Chapman Ronald -- --
Iab Financial Bank $52,754 None Available
Crabill Jason K -- Metropolitan Title Of In
Shook Eric J -- Commonwealth-Dreibelbiss Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Ronald $88,647
Previous Owner Crabill Jason K $88,706
Previous Owner Shook Eric J $66,800
Closed Shook Eric J $16,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $86,875 -8.1% $67 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $94,500 -- $73 / 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 $1,118 $198,600 $46,800 $151,800
2023 $1,088 $168,500 $42,900 $125,600
2022 $1,024 $161,300 $42,900 $118,400
2021 $903 $140,900 $42,900 $98,000
2020 $871 $135,900 $42,900 $93,000
2019 $705 $127,200 $42,900 $84,300
2018 $604 $113,000 $32,000 $81,000
2017 $604 $110,200 $32,000 $78,200
2016 $544 $104,100 $32,000 $72,100
2014 $481 $98,200 $32,000 $66,200
2013 $1,474 $89,900 $32,000 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201314431

Indiana Regional MLS

APN: 02-03-17-380-002.000-042