NOT LISTED FOR SALE

Estimated Value: $935,000 - $1,072,000

5 Beds
4.5 Baths
4,546 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $640,000 $141 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,662/month

52 Days on Market

Highlights

  • Waterfront
  • Mature Trees
  • Vaulted Ceiling
  • Geist Elementary School Rated A
  • Fireplace in Hearth Room
  • Traditional Architecture

About This Home

As of July 2020

Priced well below similar homes- you'll love this exquisite property w/ boat dock & 4 car garage in one of Geist's premier lakefront neighborhoods, Canal Place! After entering through the grand entry doors, you are greeted w/ natural light through the 2 story great room windows.The main flr includes a great room w/ coffered ceiling, gourmet kitchen w/ hearth area, study w/ built-ins, & DR w/ adjacent wet bar. Upstairs you'll love the master suite w/ his & her closets, spa like bathroom w/ large tub & multi-head shower. The generous sizes of the spare rooms are also a plus! The basement has a rec area, spare room, full bath, exercise rm, & finished space plumbed for a bar. Mature trees & patio w/ fire pit out your back door. HSE Schools!

Last Agent to Sell the Property

Rachel Quade

F.C. Tucker Company License #RB14042775 Listed on: 04/06/2020

F.C. Tucker Company

Last Buyer's Agent

James Embry

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Two Way Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Security System Owned
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Finished Basement

  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Basement Lookout

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines

Community Details

  • Association fees include home owners, maintenance, parkplayground, snow removal
  • Canal Place Subdivision
  • Property managed by Kirkpatrick

Listing and Financial Details

  • Legal Lot and Block 121 / 2
  • Assessor Parcel Number 291501016030000020

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$79 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2007
  • Building Area Total: 6698
  • Garage Y N: Yes
  • Lot Size Acres: 0.39
  • Subdivision Name: Canal Place
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: rachelquade@rachelquade.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Daylight/Lookout Windows, Sump Pump Dual
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Convection Oven, Double Oven, Range Hood, Refrigerator, Wine Cooler, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1936
  • Fireplace Features: Two Sided, Gas Log, Great Room, Hearth Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Breakfast Bar, Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Pantry
  • Living Area: 4546
  • Other Equipment: Multiple Phone Lines, Security Alarm Paid
  • Areas Interior: Bath Jack-n-Jill
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 2152
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 2394
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3
  • SqFt Total: 6698

Exterior Features

  • Construction Materials: Brick, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Outdoor Fire Pit, Sprinkler System, Dock
  • Foundation Details: Concrete Perimeter
  • List Price: 649900
  • Patio And Porch Features: Open Patio
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Kirkpatrick

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance, ParkPlayground, Snow Removal

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.39
  • Parcel Number: 291501016030000020
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 16852
  • Tax Block: 2
  • Tax Lot: 121
  • Semi Annual Property Tax Amt: 8426
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 1, 2020
Sold by
Mehrbod Sean Farrokh
Bought by
Falconer Erick
Seller's Agent
Rachel Quade
F.C. Tucker Company
Buyer's Agent
James Embry
Keller Williams Indpls Metro N
List Price
$665,000
Sold Price
$640,000
Premium/Discount to List
-$25,000
-3.76%
Total Days on Market
52
Current Estimated Value
$1,021,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,330
Avg. Annual Appreciation
9.90%
Original Mortgage
$640,000
Outstanding Balance
$573,795
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$447,535

Purchase Details

Closed on
Sep 1, 2009
Sold by
Mehrbod Nina Azadeh
Bought by
Mehrbod Sean Farrokh

Purchase Details

Closed on
Feb 27, 2007
Sold by
Mehrbod Farrokh and Mehrbod Nina Azadeh
Bought by
Mehrbod Sean F and Mehrbod Nina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2004
Sold by
The Marina Lp
Bought by
Mehrbod Farrokh and Mehrbod Nina Azadeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Falconer Erick -- None Available
Mehrbod Sean Farrokh -- None Available
Mehrbod Sean F -- None Available
Mehrbod Farrokh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falconer Erick $100,000
Open Falconer Erick $640,000
Previous Owner Mehrbod Sean F $417,000
Previous Owner Mehrbod Sean F $417,000
Previous Owner Mehrbod Sean F $225,785
Previous Owner Mehrbod Sean F $549,000
Previous Owner Mehrbod Farrokh $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $640,000 -1.5% $141 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $649,900 -1.1% $143 / Sq Ft
04/25/2020 04/25/20 Price Changed $657,000 -1.2% $145 / Sq Ft
04/06/2020 04/06/20 For Sale $665,000 0.0% $146 / Sq Ft
09/10/2018 09/10/18 Rented $3,500 0.0% --
08/29/2018 08/29/18 Price Changed $3,500 -12.5% $1 / Sq Ft
08/09/2018 08/09/18 Price Changed $4,000 -11.1% $1 / Sq Ft
07/19/2018 07/19/18 For Rent $4,500 0.0% --
05/04/2015 05/04/15 Rented $4,500 0.0% --
05/04/2015 05/04/15 Under Contract -- -- --
04/17/2015 04/17/15 For Rent $4,500 +13.9% --
06/11/2013 06/11/13 Rented $3,950 -99.5% --
06/11/2013 06/11/13 Under Contract -- -- --
12/05/2012 12/05/12 For Rent $795,000 -- --
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 $10,466 $929,300 $146,500 $782,800
2023 $10,466 $892,200 $146,500 $745,700
2022 $9,326 $766,400 $146,500 $619,900
2021 $9,362 $761,800 $129,000 $632,800
2020 $8,877 $720,700 $129,000 $591,700
2019 $16,694 $724,600 $114,000 $610,600
2018 $16,852 $731,300 $114,000 $617,300
2017 $16,415 $720,400 $114,000 $606,400
2016 $16,326 $720,900 $114,000 $606,900
2014 $7,531 $687,700 $114,000 $573,700
2013 $7,531 $693,700 $114,000 $579,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21703725

MIBOR Broker Listing Cooperative®

APN: 29-15-01-016-030.000-020