NOT LISTED FOR SALE

8390 N Cr 425 Alexandria, IN 46001

Estimated Value: $769,000 - $871,545

6 Beds
5 Baths
4,944 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $514,900 $104 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,830/month

12 Days on Market

Highlights

  • Basketball Court
  • 5.03 Acre Lot
  • Contemporary Architecture
  • Spa
  • Open Floorplan
  • Partially Wooded Lot

About This Home

As of September 2020

This is the unique property you have been waiting for! It has just under 5000 square feet of living space, 4 bedrooms and 3 bathrooms in the main house and 2 bedrooms, 2 bathrooms in the attached ‘Mother in law’/ teenager/ guest, suite. This home sits on 5.03 secluded acres just west of I-69 and 332. The home is completely surrounded by evergreens and cannot be seen from the road. Some features of this fantastic property include: 30 X 18 hot tub/swim spa room; spacious kitchen with room to entertain, stainless steel appliances, gas cooktop, double built-in microwave ovens, solid surface countertops, and plank flooring; open-concept kitchen, dining, and living room area with huge windows and great views; awesome bathrooms with glass enclosed showers and solid surface tops; large bedrooms with ample closet space; at least 3, covered areas to sit and enjoy the outside; extra suite offers 2 bedrooms, 3 baths, laundry room, full kitchen and family room; this home features an encapsulated crawl space, spray foam insulation, and 3 HVAC systems; and so much more! The 80 X 30 insulated building has a heated and air conditioned office and living space, including a 3 piece bathroom, full kitchen, office/conference room, and lots of space to work and store equipment and materials. This space could also be rented as living and storage space. The outdoor space at this property is amazing! The evergreen trees and all other plantings are vibrant and healthy, there are bee hives that the seller would like to leave. There are garden spaces. There is an additional 20 X 16 garage type storage building. This is a beautiful and private setting in an awesome location! It offers the opportunity to rent some living space, run a business, or just enjoy having it all!

Last Agent to Sell the Property

Tom Parker

F.C. Tucker Muncie, REALTORS Listed on: 07/14/2020

Co-Listed By

Tammy Parker

F.C. Tucker Muncie, REALTORS

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 2010

Lot Details

  • 5.03 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Pocket Doors
  • Workshop
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Spa
  • Basketball Court
  • Covered Patio or Porch

Schools

  • Alexandria-Monroe Elementary School
  • Alexandria Monroe Middle School
  • Alexandria Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 48-06-35-300-003.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2010
  • Age: 10
  • Style: One Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 13
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: PT NE SW 5.03 ACRES STR: 35218
  • Parcel Number ID: 48-06-35-300-003.000-021
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Antenna, Attic Pull Down Stairs, Breakfast Bar, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Countertops-Solid Surf, Court-Basketball, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Jet Tub, Landscaped, Open Floor Plan, Patio Covered, Patio Open, Pocket Doors, Porch Covered, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Workshop, Main Floor Laundry, Sump Pump, Custom Cabinetry
  • Location: Rural
  • Sp Lp Percent: 99.98
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4944
  • Total Finished Sq Ft: 4944
  • Above Grade Finished Sq Ft: 4944
  • Price Per Sq Ft: 104.15
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 18x16, On Level: Main
  • Dining Room: Dimensions: 23x16, On Level: Main
  • Family Room: Dimensions: 18x16, On Level: Upper
  • Extra Room: 6th bedroom, Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 18x17, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 14x14, On Level: Main
  • Bedroom 4: Dimensions: 12x12, On Level: Main
  • Bedroom 5: Dimensions: 18x14, On Level: Upper
  • Other Room1: 2nd kitchen, Dimensions: 14x19
  • Other Room 2: indoor swim spa, Dimensions: 30x18, On Level: Main
  • Main Level Sq Ft: 4054
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 20x16, 320
  • Outbuilding2: Pole/Post Building, Dimensions: 80x30, 2400

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 31x28
  • Garage Sq Ft: 868
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Laundry: Dimensions: Mainx11, On Level: 11
  • Well Type: Private

Schools

  • School District: Alexandria Community S.D.
  • Elementary School: Alexandria-Monroe
  • Middle School: Alexandria Monroe
  • High School: Alexandria Monroe
  • Elementary School: Alexandria-Monroe

Lot Info

  • Lot Description: Partially Wooded
  • Estimated Lot Sq Ft: 219107
  • Estimated Lot Size Acres: 5.03

Green Features

  • Energy Efficient: Doors, HVAC, Insulation, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1422
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Alexandria Monroe
  • Middle School: Alexandria Monroe
  • School District: Alexandria Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Indivavitch Michael D and Indivavitch Carol A
Bought by
Smith Brian Scott and Smith Bonnie Lynne
Current Estimated Value
$821,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,800
Outstanding Balance
$473,182
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$348,666

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 28, 2020
Sold by
Clark Samuel A
Bought by
Indicavitch Michael D and Indicavitch Carol A
Seller's Agent
Tom Parker
F.C. Tucker Muncie, REALTORS
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$515,000
Sold Price
$514,900
Premium/Discount to List
-$100
-0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$411,920
Interest Rate
3%
Mortgage Type
New Conventional
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
Smith Brian Scott $1,302,000 Fidelity National Title
Indicavitch Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brian Scott $300,000
Open Smith Brian Scott $520,800
Previous Owner Indicavitch Michael D $411,920
Previous Owner Clark Samuel A $100,000
Previous Owner Clark Mary K $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $514,900 0.0% $104 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $515,000 -- $104 / 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 $5,416 $511,100 $28,800 $482,300
2023 $5,204 $457,500 $28,000 $429,500
2022 $5,375 $463,200 $26,700 $436,500
2021 $5,077 $400,500 $25,900 $374,600
2020 $4,253 $362,600 $24,700 $337,900
2019 $1,421 $140,300 $24,700 $115,600
2018 $1,252 $134,300 $24,700 $109,600
2017 $1,151 $144,100 $24,700 $119,400
2016 $1,125 $142,600 $24,200 $118,400
2014 $2,703 $189,000 $24,900 $164,100
2013 $2,703 $185,400 $24,900 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202026932

Indiana Regional MLS

APN: 48-06-35-300-003.000-021