NOT LISTED FOR SALE

Estimated Value: $2,126,000 - $2,283,074

5 Beds
5.5 Baths
7,181 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $2,200,000 $306 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,996/month

90 Days on Market

Highlights

  • Lake Front
  • Water Access
  • 0.6 Acre Lot
  • Geist Elementary School Rated A
  • Heated Pool
  • Lake Privileges

About This Home

As of June 2024

PUBLIC OPEN HOUSE 4/14 12-3) Springs of Cambridge: Rare Waterfront Picturesque Opportunity. A must see! Adjacent to dedicated greenspace. Offers the perfect blend of luxury, comfort and modern elegance making it a true sanctuary for its fortunate owners. 5 Beds, 5 1/2 Bath home with impressive thoughtful layout & custom design features. Gourmet Kitchen w/beautiful cabinets & large granite island serves as the Centerpiece of the open floorplan and grand Great Room. Main level Master Suite with a luxurious Bath & Large Closet overlooking the Cove. All Upstairs bedrooms include private baths & WICs. Walk-Out Finished Basement boasts a Bar/Kitchenette, Refrigerated Wine Cellar, Billiard & Entertainment spaces, Exercise Room, 5th Bed/Bath. Outside Covered Hearth Room with built-in gas grill & 2nd fireplace. Boat Slip/Dock. Salt Water Gunite Pool. Additional Features in Supplements.

Last Agent to Sell the Property

Jim Finefrock

Finney Group Realty LLC Brokerage Email: jimfinefrock@finneygrouprealty.com License #RB14047568 Listed on: 01/29/2024

Last Buyer's Agent

Radmila Adams

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,884

Year Built

  • Built in 2018

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Reservoir Front
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar Fridge
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Lake Views
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Basement Storage
  • Basement Window Egress

Home Security

  • Monitored
  • Radon Detector
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Pool Cover

Outdoor Features

  • Water Access
  • Seawall
  • Lake Privileges
  • Multiple Outdoor Decks
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

  • Geist Elementary School
  • Fall Creek Junior High
  • Fall Creek Intermediate School
  • Hamilton Southeastern High School

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Purifier

Community Details

  • Association fees include maintenance, parkplayground, management, security
  • Association Phone (317) 570-4358
  • Springs Of Cambridge Subdivision
  • Property managed by Springs of Cambridge HOA

Listing and Financial Details

  • Legal Lot and Block 400 / 10
  • Assessor Parcel Number 291511018018000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,884

Year Built

Built in 2018

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2018
  • Building Area Total: 7181
  • Garage Y N: Yes
  • Lot Size Acres: 0.6
  • On Market Date: 2024-04-05
  • Subdivision Name: Springs Of Cambridge
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jimfinefrock@finneygrouprealty.com
  • Attribution Contact: jimfinefrock@finneygrouprealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Egress Window(s), Exterior Entry, Finished, Full, Storage Space, Walk Out
  • Appliances: Dryer, Gas Water Heater, Kitchen Exhaust, Microwave, Double Oven, Gas Oven, Refrigerator, Bar Fridge, Washer, Water Purifier, Water Softener Owned, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2787
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Pantry, Walk-in Closet(s), Wet Bar
  • Living Area: 7181
  • Main Level Bedrooms: 1
  • Other Equipment: Radon System, Security Alarm Monitored, Security Alarm Rented, Smoke Alarm, Sump Pump w/Backup
  • Spa Y N: No
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2787
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1607
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 6

Exterior Features

  • Construction Materials: Brick, Cement Siding, Stone
  • Exterior Features: Gas Grill, Sprinkler System, Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • List Price: 2295000
  • Patio And Porch Features: Covered Patio, Covered Porch, Multiple Decks, Open Patio
  • Pool Features: Heated, In Ground, Pool Cover, Salt Water
  • Pool Private Y N: Yes
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Boat Slip, Dock, Lake Privileges, Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door
  • Garage Sq Ft: 990

Utilities

  • Cooling: Central Electric
  • Heating: Dual, Forced Air, Gas, High Efficiency (90%+ AFUE )
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Basketball Court, Picnic Area
  • Association Fee: 740
  • Association Fee Frequency: Annually
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Springs of Cambridge HOA
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Maintenance, ParkPlayground, Management, Security

Schools

  • Middle Or Junior School: Fall Creek Junior High
  • MBR_IntermediateSchool: Fall Creek Intermediate School

Lot Info

  • Lot Features: Corner Lot, Cul-De-Sac, Trees Mature, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 26136
  • Parcel Number: 291511018018000020
  • Acres: 1/2-1 Acre
  • Price Acre: 3666667

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 20884
  • Tax Block: 10
  • Tax Lot: 400
  • Semi Annual Property Tax Amt: 10442
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Geist Elementary School
  • High School: Hamilton Southeastern HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Jun 6, 2024
Sold by
Edgar Tracey A and Edgar Stephen J
Bought by
Bell Greg A and Bell Kimberly L
Seller's Agent
Jim Finefrock
Finney Group Realty LLC
Buyer's Agent
Radmila Adams
Encore Sotheby's International
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Views
98
Current Estimated Value
$2,187,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,231
Avg. Annual Appreciation
4.97%
Original Mortgage
$500,000
Outstanding Balance
$495,929
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,832,540

Purchase Details

Closed on
Dec 21, 2018
Sold by
Cmb923 Investments Llc
Bought by
Edgar Tracey A and Edgar Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2017
Sold by
Silagyi Jarret A and Silagyi Lauren H
Bought by
Cmb 923 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
3.82%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 20, 2015
Closed on
Jul 31, 2015
Sold by
Marina I Lp
Bought by
Silagyi Jarret A and Cline Aluren H
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Kim Thomas
F.C. Tucker Company
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.72%
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
Bell Greg A $2,200,000 --
Edgar Tracey A $1,238,800 Investors Title Corp
Cmb 923 Investments Llc -- None Available
Silagyi Jarret A -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Greg A $500,000
Previous Owner Edgar Tracey A $978,000
Previous Owner Edgar Tracey A $970,000
Previous Owner Edgar Tracey A $100,000
Previous Owner Edgar Tracey A $790,000
Previous Owner Edgar Tracey A $190,000
Previous Owner Cmb 923 Investments Llc $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $2,200,000 -4.1% $306 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $2,295,000 +606.2% $320 / Sq Ft
07/31/2015 07/31/15 Sold $325,000 0.0% --
07/21/2015 07/21/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $325,000 -- --
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 $22,215 $1,869,700 $647,500 $1,222,200
2023 $22,215 $1,833,400 $596,400 $1,237,000
2022 $20,885 $1,661,500 $494,200 $1,167,300
2021 $17,381 $1,370,800 $430,600 $940,200
2020 $17,459 $1,370,800 $430,600 $940,200
2019 $15,630 $1,252,300 $363,900 $888,400
2018 $4,410 $364,500 $364,500 $0
2017 $8,306 $364,500 $364,500 $0
2016 $8,305 $364,500 $364,500 $0
2014 $13 $600 $600 $0
2013 $13 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21961535

MIBOR Broker Listing Cooperative®

APN: 29-15-11-018-018.000-020