NOT LISTED FOR SALE

11029 Cherry Lake Place Indianapolis, IN 46235

Far Eastside Neighborhood

Estimated Value: $244,000 - $256,000

3 Beds
2 Baths
2,472 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $112,000 $45 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,581/month

33 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Garage
  • Cathedral Ceiling

About This Home

As of May 2016

Check out this immaculate and freshly rehabbed three bedroom home in desirable Cherry Lake! Where else can you find updates like this AND a FINISHED basement for under $114,000? Gorgeous laminate floors throughout, raised cathedral ceilings make this home feel even more spacious. Shows like a model, don't miss this one!

Last Agent to Sell the Property

Cassidy Ryan

eXp Realty, LLC Listed on: 03/23/2016

eXp Realty, LLC

Last Buyer's Agent

Gina Bowles

Clients First Realty, LLC License #RB14036281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1988

Lot Details

  • 10,367 Sq Ft Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,472 Sq Ft Home
  • Cathedral Ceiling
  • Attic Access Panel
  • Finished Basement

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Cherry Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490822113019000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1988
  • Garage Y N: Yes
  • Lot Size Acres: 0.238
  • Subdivision Name: CHERRY LAKE
  • Inspection Warranties: Not Applicable
  • Property Description: Check out this immaculate and freshly rehabbed three bedroom home in desirable Cherry Lake! Where else can you find updates like this AND a FINISHED basement for under $114,000? Gorgeous laminate floors throughout, raised cathedral ceilings make this home feel even more spacious. Shows like a model, don't miss this one!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Unfinished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Cathedral Ceiling(s)
  • Living Area: 2472
  • Other Equipment: Network Ready
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1621
  • Main Level Sq Ft: 1621
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level,Suite
  • Total Sq Ft: 2472
  • Below Grade Sq Ft: 851
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 113900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump, None
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490822113019000700
  • Acres: <1/4 Acre
  • Lot Number: 89
  • Lot Size: 10,367

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1776
  • Semi Annual Property Tax Amt: 888
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 29, 2016
Sold by
Apex Realty Group Llc
Bought by
Moudi Ibrahima
Seller's Agent
Cassidy Ryan
eXp Realty, LLC
Buyer's Agent
Gina Bowles
Clients First Realty, LLC
List Price
$113,900
Sold Price
$112,000
Premium/Discount to List
-$1,900
-1.67%
Current Estimated Value
$249,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,304
Avg. Annual Appreciation
8.65%
Original Mortgage
$106,400
Outstanding Balance
$84,738
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$158,231

Purchase Details

Listed on
Dec 8, 2015
Closed on
Feb 5, 2016
Sold by
Fannie Mae
Bought by
Apex Realty Group Llc
Seller's Agent
Lana Detro
Ala Carte Realty
Buyer's Agent
Cassidy Ryan
eXp Realty, LLC
List Price
$63,900
Sold Price
$55,000
Premium/Discount to List
-$8,900
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1835.96%
Original Mortgage
$64,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2015
Sold by
Howard Kennith and Health & Hospital Corporation
Bought by
Federal National Mortgage Corporation

Purchase Details

Closed on
Mar 20, 2008
Sold by
Fannie Mae
Bought by
Howard Kennith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2007
Sold by
Bosley Timothy T
Bought by
Chse Home Finance Llc
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
Moudi Ibrahima -- Chicago Title Company Llc
Apex Realty Group Llc -- None Available
Federal National Mortgage Corporation $63,100 None Available
Howard Kennith -- Ctic Emerson
Federal National Mortgage Association -- Ctic
Chse Home Finance Llc $91,326 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moudi Ibrahima $106,400
Previous Owner Apex Realty Group Llc $64,000
Previous Owner Howard Kennith $49,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $112,000 0.0% $45 / Sq Ft
03/30/2016 03/30/16 Off Market $112,000 -- --
03/23/2016 03/23/16 For Sale $113,900 +107.1% $46 / Sq Ft
02/06/2016 02/06/16 Sold $55,000 0.0% $22 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
01/13/2016 01/13/16 Off Market $55,000 -- --
01/07/2016 01/07/16 Price Changed $57,900 -9.4% $23 / Sq Ft
12/08/2015 12/08/15 For Sale $63,900 -- $26 / 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 $2,716 $252,500 $20,400 $232,100
2023 $2,716 $228,500 $20,400 $208,100
2022 $2,149 $186,600 $20,400 $166,200
2021 $1,882 $162,900 $20,400 $142,500
2020 $1,695 $146,400 $15,500 $130,900
2019 $1,653 $142,900 $15,500 $127,400
2018 $1,528 $132,100 $15,500 $116,600
2017 $1,301 $120,900 $15,500 $105,400
2016 $1,170 $108,000 $15,500 $92,500
2014 $1,776 $88,800 $15,500 $73,300
2013 $977 $97,000 $15,500 $81,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cassidy Ryan

    eXp Realty, LLC

    Section Image
  • Lana Detro

    Seller's Agent in 2016

    Lana Detro

    Ala Carte Realty

    (317) 509-6797

    3 in this area

    61 Total Sales

    Lana Detro
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Toni Schaney

    Schaney Realty Group

    (317) 407-0451

    2 Total Sales

    Toni Schaney
    Section Image

  • G

    Buyer's Agent in 2016

    Gina Bowles

    Clients First Realty, LLC

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21405167

MIBOR Broker Listing Cooperative®

APN: 49-08-22-113-019.000-700

Indiana Marion County Indianapolis 46235 Far Eastside

11029 Cherry Lake Place, Indianapolis, IN

This home is located at 11029 Cherry Lake Place, Indianapolis, IN 46235 since 23 March 2016 and is currently estimated at $249,304, approximately $100 per square foot. This property was built in 1988. 11029 Cherry Lake Place is a home located in Marion County with nearby schools including Sunny Heights Elementary School, Stonybrook Intermediate Academy (5-6), and Stonybrook Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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