NOT LISTED FOR SALE

1086 Margate Dr Greenwood, IN 46143

Estimated Value: $694,000 - $797,301

6 Beds
4.5 Baths
5,921 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $685,000 $116 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,794/month

219 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • 3 Car Attached Garage
  • Westwood Elementary School Rated A-
  • Covered patio or porch
  • Woodwork

About This Home

As of February 2024

Stunning 6BR, 4.5BA custom home w/finished basement, PLUS bonus rm upstairs (could be 7th BR). Prepare to be impressed the moment you enter this gorgeous home! Breathtaking two story foyer w/dual staircases. Gourmet kitchen is a chef's dream w/center isle breakfast bar, built-in appliances, soft-close cabinets w/glass doors & pull out storage racks, granite countertops & tile backsplash, PLUS butler's pantry w/wine bottle display cabinets. Family rm w/stacked stone wood burning fireplace. Breakfast rm & formal dining rm are perfect for holiday gatherings! Formal living rm could easily be used for home office or den/library. Owner's suite w/sitting rm & luxury private bath w/garden tub, separate walk-in tile shower & dual walk-in closets. Additional 3 BR's plus 2nd full bath upstairs, in addition to bonus rm. Main level guest suite w/full bath (3rd). Professionally finished basement offers massive rec rm, full kitchen with stainless appliances & breakfast bar, 6th BR, 4th full BA w/dual vanities & walk-in shower, PLUS fitness rm & mechanical rm w/2nd laundry connection. Nice lot w/fenced backyard and extended concrete patio. Side load 3 car garage w/extended driveway. WOW FACTOR 10++, YOU MUST SEE THIS HOME TO APPRECIATE. Too many features to list-see attachments for complete outline of upgrades. VETERANS CAN ASSUME VA LOAN @ 2.75%. SELLER WILL CONSIDER 5 YEAR CONTRACT SALE TO ALLEVIATE INTEREST RATE CONCERNS FOR BUYER.

Last Agent to Sell the Property

Todd Cook

Keller Williams Indy Metro S Brokerage Email: todd@tlcsoldme.com License #RB14049099 Listed on: 06/02/2023

Keller Williams Indy Metro S

Co-Listed By

Michelle Wedge

Keller Williams Indy Metro S Brokerage Email: todd@tlcsoldme.com License #RB14037982

Last Buyer's Agent

Lora Reynolds

Weichert, REALTORS - Success!

Weichert, REALTORS - Success!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Landscaped with Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump with Backup
  • Laundry in Basement
  • Basement Window Egress

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch
  • Playground

Schools

  • Greenwood Middle School
  • Greenwood Community High Sch

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include maintenance
  • Brighton Estates Subdivision
  • Property managed by Main Street Management

Listing and Financial Details

  • Legal Lot and Block 57 / 2
  • Assessor Parcel Number 410506034019000042

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,472

Year Built

Built in 2018 | Remodeled

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2018
  • Building Area Total: 5921
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.41
  • Subdivision Name: Brighton Estates
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: todd@tlcsoldme.com
  • Attribution Contact: todd@tlcsoldme.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished, Full
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Microwave, Oven, Convection Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1880
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Raised Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Pantry, Programmable Thermostat, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 5921
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm, Sump Pump w/Backup
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Utility Room
  • Eating Area: Breakfast Room,Dining Combo/Kitchen,Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1880
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2161
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 5

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Direction Faces: Southwest
  • Exterior Features: Playset
  • Fencing: Fence Full Rear, Gate, Wrought Iron
  • Foundation Details: Concrete Perimeter
  • List Price: 699900
  • Patio And Porch Features: Covered Porch, Open Patio
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage,Keyless Entry
  • Garage Sq Ft: 630

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric, Dual
  • Heating: Dual, Forced Air, Gas, High Efficiency (90%+ AFUE )
  • Laundry Features: Main Level, In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Main Street Management
  • H O A Disclosures: Covenants & Restrictions,Transfer Fee

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance

Schools

  • Middle Or Junior School: Greenwood Middle School

Lot Info

  • Lot Features: Curbs, Sidewalks, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 17860
  • Parcel Number: 410506034019000042
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1670732

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 5472
  • Tax Block: 2
  • Tax Lot: 57
  • Semi Annual Property Tax Amt: 2736
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Greenwood Community High Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Feb 1, 2024
Sold by
Newett Justin Paul
Bought by
Omotayo Ifedayo and Oreofe Omotayo Oluwatunbi
Seller's Agent
Todd Cook
Keller Williams Indy Metro S
Buyer's Agent
Lora Reynolds
Weichert, REALTORS - Success!
List Price
$740,000
Sold Price
$685,000
Premium/Discount to List
-$55,000
-7.43%
Views
672
Current Estimated Value
$759,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,782
Avg. Annual Appreciation
5.14%
Original Mortgage
$650,750
Outstanding Balance
$642,393
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$96,846

Purchase Details

Listed on
Jan 22, 2019
Closed on
Dec 6, 2018
Sold by
Fischer Homes Indianapolis Llc
Bought by
Newett Justin Paul
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Scott Reed
eXp Realty, LLC
List Price
$481,254
Sold Price
$481,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$405,000
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2018
Sold by
Grand Communities Llc
Bought by
Fischer Homes Indianapolis Ii Llc

Purchase Details

Closed on
Mar 23, 2018
Sold by
Fischer Dev Co
Bought by
Grand Communities Ltd
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
Omotayo Ifedayo -- Chicago Title
Newett Justin Paul -- Homestead Title
Fischer Homes Indianapolis Ii Llc -- None Available
Grand Communities Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omotayo Ifedayo $650,750
Previous Owner Newett Justin Paul $394,199
Previous Owner Newett Justin Paul $406,321
Previous Owner Newett Justin Paul $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $685,000 -2.1% $116 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
08/02/2023 08/02/23 Price Changed $699,900 -3.5% $118 / Sq Ft
06/29/2023 06/29/23 Price Changed $725,000 -2.0% $122 / Sq Ft
06/02/2023 06/02/23 For Sale $740,000 +53.8% $125 / Sq Ft
01/22/2019 01/22/19 Sold $481,254 0.0% $84 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $481,254 -- $84 / 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 $7,105 $710,500 $84,900 $625,600
2023 $6,177 $617,700 $84,900 $532,800
2022 $5,456 $545,600 $62,500 $483,100
2021 $4,678 $467,800 $62,500 $405,300
2020 $4,354 $435,400 $62,500 $372,900
2019 $4,001 $400,100 $59,500 $340,600
2018 $15 $800 $800 $0
2017 $15 $800 $800 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21924325

MIBOR Broker Listing Cooperative®

APN: 41-05-06-034-019.000-042