NOT LISTED FOR SALE

1044 Timber Creek Dr Unit 7 Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $224,000 - $233,000

2 Beds
2 Baths
1,072 Sq Ft
$189/mo HOA Fee

Last Sold July 20, 2022

Last sale price $197,500 $184 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,514/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Walk-In Closet
  • Carmel Elementary School Rated A
  • Balcony
  • Storage

About This Home

As of July 2022

Beautifully updated 2bed/2bath condo in established community of Timber Creek in heart of downtown Carmel; 2nd floor unit boasts upgrades-granite counter & black stainless appliances, HVAC(heat pump)(2019), Nest(2020), washer/dryer in unit(2021); Windows & custom slider to patio(2020); Water Heater(2020); Paint(2022); Carpet(2022); Custom Closet system(2022); Smart Floorplan w/ bed&bath on seperate sides of condo; private balcony w/mature tree shade; includes dedicated locked storage unit on 1st floor w/ additional storage/bike storage; Community includes outdoor pool, clubhouse, tennis court& fitness center. Short walk to Carmel Midtown/Arts District/Monon Trail/Palladium/Farmer’s Market. What a find in Carmel-great home & investment.

Last Agent to Sell the Property

Allen Williams

Berkshire Hathaway Home Listed on: 06/28/2022

Berkshire Hathaway Home

Co-Listed By

Nicole Yunker

Berkshire Hathaway Home

Last Buyer's Agent

Roman Baisa

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 1989

Lot Details

  • 1,307

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Storage

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 290936009015000018

Community Details

Overview

  • Association fees include clubhouse, exercise room, insurance, ground maintenance, pool, snow removal, tennis court(s), trash
  • Timber Creek Subdivision
  • Property managed by AMI

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,088

Year Built

Built in 1989

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1989
  • Building Area Total: 1072
  • Co List Office Phone: 317-841-6380
  • Garage Y N: No
  • Subdivision Name: TIMBER CREEK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 2
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 2
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Storage
  • Other Equipment: Smoke Detector
  • Areas Interior: Foyer Small,Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1072
  • Main Level Sq Ft: 1072
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split,Closet Walk in,Shower Stall Full
  • Kitchen Features: Breakfast Bar,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: None
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 189
  • Association Fee Frequency: Monthly
  • Management Company Name: AMI
  • Management Company Phone: 317-915-0400
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Exercise Room, Insurance, Insurance, Maintenance Grounds, Pool, Snow Removal, Tennis Court(s), Trash

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 290936009015000018
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 7
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1088
  • Semi Annual Property Tax Amt: 544
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 2, 2022
Sold by
Ann Schnabel
Bought by
Burns Brendan T
Seller's Agent
Allen Williams
Berkshire Hathaway Home
Buyer's Agent
Roman Baisa
F.C. Tucker Company
List Price
$205,000
Sold Price
$197,500
Premium/Discount to List
-$7,500
-3.66%
Current Estimated Value
$228,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,750
Avg. Annual Appreciation
4.52%
Original Mortgage
$159,975
Outstanding Balance
$153,301
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$74,949

Purchase Details

Closed on
Oct 6, 2021
Sold by
Bowen Charles
Bought by
Schnabel Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,690
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Greaves Donald C and Greaves Dawn W
Bought by
Bowen Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2005
Sold by
Mead Gary L
Bought by
Greaves Donald C and Greaves Dawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2003
Sold by
Conley Darrick D and Conley Tangela R
Bought by
Mead Gary L
Source: Public Records

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
Burns Brendan T $197,500 Fidelity National Title
Schnabel Ann $180,000 Indiana Home Title
Bowen Charles -- None Available
Greaves Donald C -- --
Mead Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Brendan T $159,975
Previous Owner Schnabel Ann $171,690
Previous Owner Bowen Charles $88,369
Previous Owner Greaves Donald C $67,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $197,500 -3.7% $184 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $205,000 -- $191 / 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 $1,535 $185,000 $61,200 $123,800
2023 $1,550 $174,900 $30,000 $144,900
2022 $1,455 $157,000 $30,000 $127,000
2021 $1,103 $140,800 $30,000 $110,800
2020 $810 $108,600 $30,000 $78,600
2019 $700 $100,900 $18,600 $82,300
2018 $552 $91,300 $18,600 $72,700
2017 $481 $86,100 $18,600 $67,500
2016 $446 $82,000 $18,600 $63,400
2014 $422 $82,800 $18,600 $64,200
2013 $422 $82,800 $18,600 $64,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21866279

MIBOR Broker Listing Cooperative®

APN: 29-09-36-009-015.000-018