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(SOLD) $250,000

  • 2 Beds
  • 2 Baths
  • 1,465 sq. Ft

Property Description for 138 Megan Way Cumberland, IN 46229

Welcome to 138 Megan Way! This charming 3-year old villa home offers a blend of convenience along with maintenance-free living. As you step inside you'll be struck by the open floor plan which seamlessly transitions into the kitchen and dining room. LVP flooring runs throughout the home. Kitchen boasts stainless steel appliances, beautiful white cabinetry and granite counter tops with extra seating around the island. There is plenty of natural light in the great room along with a gas fireplace that will be cozy to sit in front of in the winter. In the owner's suite you will find a large walk-in closet along with an ensuite including double sinks and a walk-in shower. The laundry room includes the washer and dryer. You will not have to worry about yard work or snow removal again. No need to buy a brand new home, this home ready for you! 10-year structural warranty is transferable.

Address:138 Megan Way Cumberland IN 46229
Status:Sold
Sold On: 12/15/2023
Price:$250,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,465
Year Built:2020
Lot Size:0.13
County: Hancock
Township: Sugar Creek
MLS #:21948965
Property Type:Single Family Residence

Lot Dimensions:5445
Lot Features:Rural - Subdivision, Sidewalks, Storm Sewer, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:From US 40 and S County Road 700 W, go north on CR 700 W to Grant Blvd. Turn west onto Grant Blvd. Turn south onto Megan Way and follow to home on the right.
Main Level Sq. Ft. :1,465
Total Sq. Ft. :1,465

Loan Price
$1,583
Price And Interest $1,304/month
Property Tax $175/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$175/month
Home Owner Insurance
$1,248 / year
HOA Dues
$146 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 23x13 Main
Primary Bedroom 14x12 Main
Kitchen 13x11 Main
Breakfast Room 11x10 Main
Bedroom 2 12x10 Main
11x8 Main
Sun Room 11x10 Main

Semi-Annual Property Tax:$1,048
Tax Year:2022
Mandatory HOA Fee:$146
HOA Fee Paid:Monthly

Area: 3007 - Hancock - Sugar Creek
Subdivision: Grants Corner
Zip Code:46229

Total Sq. Ft.:1,465
Interior Features:Attic Access, Walk-in Closet(s), Windows Thermal, Breakfast Bar, Bath Sinks Double Main, Center Island
Eating Area(s):Breakfast Room, Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Type:Vinyl With Stone
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
Total Rooms:7
Rena Swails, REALTOR®/Broker, F. C. Tucker Company
Rena Swails
Phone (317) 716-6679
Additional Phone (317) 891-0100
F.C. Tucker Company

Schools in 138 Megan Way Cumberland, IN  46229


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Listing provided courtesy of Rena Swails with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/25/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Cumberland Market Report

52
Avg. DOM
$150.75
Avg. $ / Sq.Ft.
$ 393,824
Med. List Price

The house prices in Cumberland are not dropping at the moment. There has been a increase in price of $81,250.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Cumberland are going Up. The average house price is $398,900.00 and the average price per square feet is $150.90 per square feet. At the moment, the amount of homes listed is exactly 28 houses, with 9 with active status, 3 with pending status and 16 sold in Cumberland .

The most popular place to buy a home in Cumberland is 3007 - Hancock - Sugar Creek. 3007 - Hancock - Sugar Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Cumberland .

The average amount of property taxes you would have to pay for a home in Cumberland is $656.89. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Cumberland are staying listed for an average of 59 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Cumberland was 6460 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Cumberland is $439,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Cumberland is $249,683.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Cumberland in year 1991 and the newest built house is in year 2024.

The average size of properties in Cumberland is 2473.11 sq.ft. , the biggest one being 3404 sq.ft. and the smaller being 1465 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.