NOT LISTED FOR SALE

Estimated Value: $2,699,000 - $3,359,000

5 Beds
7 Baths
10,401 Sq Ft
$296/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $1,420,000 $137 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $20,389/month

226 Days on Market

Highlights

  • In Ground Pool
  • 1.83 Acre Lot
  • Vaulted Ceiling
  • Towne Meadow Elementary School Rated A+
  • Great Room with Fireplace
  • Double Oven

About This Home

As of December 2017

A crown jewel of this highly desirable gated community in southwest Carmel is being offered by its one and only owners. Architecturally distinctive and impeccably maintained custom home exudes quality inside and out. Majestically set on the crest of one of the most beautifully landscaped pieces of property in the area, offering privacy and tranquility. Best of all, it is less than 30 minutes from downtown and near great schools, hospitals and shopping. See attached for more info.

Last Agent to Sell the Property

Mike Scheetz

CENTURY 21 Scheetz License #RB14043396 Listed on: 03/08/2017

CENTURY 21 Scheetz

Co-Listed By

Melanie Scheetz

CENTURY 21 Scheetz License #RB14043394

Last Buyer's Agent

Carrie Holle

Compass Indiana, LLC License #RB14046455

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,260

Year Built

  • Built in 1999

Lot Details

  • 1.83 Acre Lot
  • Sprinkler System

Home Design

  • Concrete Perimeter Foundation
  • Dryvit Stucco
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Great Room with Fireplace
  • 2 Fireplaces
  • Storage

Kitchen

  • Double Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Humidifier
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include insurance, maintenance, professional mgmt, snow removal
  • Laurelwood Subdivision
  • Property managed by CAS-Indiana

Listing and Financial Details

  • Assessor Parcel Number 291310001011000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,260

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemp, TradAmer
  • Builder Name: Lawrence & Reckel
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1999
  • Co List Office Phone: 317-844-5111
  • Garage Y N: Yes
  • Lot Size Acres: 1.83
  • Subdivision Name: LAURELWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: A crown jewel of this highly desirable gated community in southwest Carmel is being offered by its one and only owners. Architecturally distinctive and impeccably maintained custom home exudes quality inside and out. Majestically set on the crest of one of the most beautifully landscaped pieces of property in the area, offering privacy and tranquility. Best of all, it is less than 30 minutes from downtown and near great schools, hospitals and shopping. See attached for more info.
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access, Daylight/Lookout Windows
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Kit Exhaust, Microwave, Double Oven, Refrigerator, Trash Compactor, Warming Drawer
  • Levels: Two
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room, Hearth Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Storage, Wet Bar
  • Living Area: 10401
  • Other Equipment: Hot Tub, Security Alarm Paid, Smoke Detector, Sump Pump
  • Room Count: 14
  • Areas Interior: Bedroom Other on Main,Foyer - 2 Story,Foyer Large,Great Room - 2 Story,In-Law Quarters,Laundry in Basement,Laundry Room Main Level
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 4
  • Sq Ft Main Upper: 6833
  • Main Level Sq Ft: 5404
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Tub Garden,Main Level,Suite,Closet Walk in
  • Total Sq Ft: 10401
  • Below Grade Sq Ft: 3568
  • Upper Level Sq Ft: 1429
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Dryvit, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, In Ground Pool, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 1695000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 4+ Car Attched
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Side Load Garage,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Electronic Air Filter, Forced Air, Humidifier
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Management Company Name: CAS-Indiana

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Professional Mgmt, Snow Removal
  • Mandatory Fee: 1500

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291310001011000018
  • Acres: 1-3 Acres
  • Lot Information: Creek On Property,Gated Community,Tree Mature
  • Lot Number: 4
  • Lot Size: 79,715

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 19260
  • Semi Annual Property Tax Amt: 9630
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Dec 19, 2017
Sold by
Conner Michael R and Conner Susan
Bought by
Biswas Dhruvajyoti and Sharma Deblina
Seller's Agent
Mike Scheetz
CENTURY 21 Scheetz
Buyer's Agent
Carrie Holle
Compass Indiana, LLC
List Price
$2,075,000
Sold Price
$1,420,000
Premium/Discount to List
-$655,000
-31.57%
Current Estimated Value
$3,207,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,787,293
Avg. Annual Appreciation
9.52%
Original Mortgage
$1,136,000
Interest Rate
3.95%
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
Biswas Dhruvajyoti -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biswas Dhruvajyoti $1,220,000
Closed Biswas Dhruva Jyoti $1,220,000
Closed Sharma Deblina $369,000
Closed Biswas Dhruvajyoti $1,136,000
Previous Owner Conner Michael R $500,000
Previous Owner Conner Michael R $1,200,000
Previous Owner Conner Michael R $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $1,420,000 -16.2% $137 / Sq Ft
09/05/2017 09/05/17 Price Changed $1,695,000 -5.8% $163 / Sq Ft
06/09/2017 06/09/17 Price Changed $1,800,000 -8.9% $173 / Sq Ft
04/22/2017 04/22/17 Price Changed $1,975,000 -4.8% $190 / Sq Ft
03/08/2017 03/08/17 For Sale $2,075,000 -- $200 / 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 $33,941 $2,381,300 $461,500 $1,919,800
2023 $33,976 $2,824,900 $461,500 $2,363,400
2022 $22,093 $1,789,000 $439,600 $1,349,400
2021 $20,504 $1,662,200 $439,600 $1,222,600
2020 $20,098 $1,627,400 $439,600 $1,187,800
2019 $20,215 $1,636,400 $439,600 $1,196,800
2018 $19,988 $1,650,400 $439,600 $1,210,800
2017 $19,030 $1,566,000 $439,600 $1,126,400
2016 $19,227 $1,603,600 $439,600 $1,164,000
2014 $19,028 $1,602,700 $439,600 $1,163,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21470123

MIBOR Broker Listing Cooperative®

APN: 29-13-10-001-011.000-018