NOT LISTED FOR SALE

Estimated Value: $1,244,000 - $3,193,000

1.22 Acres
$1,847,463 Price per Acre
53,143 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $375,000

Est. 501% increase in value since last sale

Current estimated payment $15,143/month

157 Days on Market

About This Lot

As of July 2016

Ony lot left with LAKE FRONTAGE on the market in Carmel's exclusive community of Bridlebourne. Follow the beautiful paved streets inside the entrance to your new home site.

Last Agent to Sell the Property

Matt Urbanski

Springer Real Estate Co License #RB14033708 Listed on: 01/04/2016

Last Buyer's Agent

John McKenzie

McKenzie Real Estate, LLC License #RB14036700

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,574

Lot Details

HOA Fees

  • $275 per month

Property Details

Property Type

Land

Est. Annual Taxes

$3,574

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Land
  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Transaction Type: Sale
  • Directions: North on Michigan to 106th street, right on 106th to shelbourne, left on shelbourne to second entrance (north entrance) to bridlbourne.
  • New Construction: No
  • Road Frontage Type: Private Road
  • Road Surface Type: NotApplic
  • Subdivision Name: BRIDLEBOURNE
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0

Exterior Features

  • Road Access: PrivateRd,CityStreet
  • Water: Fees Other,Municipal Water Near By
  • Disclosures: Not Applicable
  • Other Structures: No Building
  • Topography: Level

Utilities

  • Solid Waste: 1
  • Sewer: Municipal Sewer On Site

Condo/Co-op/Association

  • Association Fee: 825
  • Association Fee Frequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance, Maintenance, Professional Mgmt, Snow Removal, Trash

Lot Info

  • Acres: 1-3 Acres
  • Lot Number: 26
  • Lot Size: 226x335
  • Improvements: StrLights,PavedStr
  • Land Characteristics: Gated Community,Lake Front,Platted Subdivision
  • Potential Zoning: Not Applicable
  • Present Zoning: Single Family
  • Price Acre: 327049
  • Number Of Lots: 65
  • Zoning: Residential

Tax Info

  • Semi Annual Property Tax Amt: 1787
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0
  • Tax Annual Amount: 3574
  • Tax Year: 2010

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Patel Arvind and Patel Rupali
Bought by
Patel Rupali and Patel Arvind
Current Estimated Value
$2,253,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,789,125
Outstanding Balance
$1,555,068
Interest Rate
3.95%
Mortgage Type
Construction
Estimated Equity
$1,217,401

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jul 15, 2016
Sold by
Ahmadi Kash
Bought by
Patel Arvind and Patel Rupali
Seller's Agent
Matt Urbanski
Springer Real Estate Co
Buyer's Agent
John McKenzie
McKenzie Real Estate, LLC
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.35%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Bridlebourne Development Co
Bought by
Klipsch Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,600
Interest Rate
5.62%
Mortgage Type
Seller Take Back
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
Patel Rupali -- Fidelity Natl Title Co Llc
Patel Arvind -- None Available
Klipsch Fred -- Mid America Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rupali $1,789,125
Previous Owner Klipsch Fred $223,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $375,000 -6.0% --
06/10/2016 06/10/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $399,000 -- --
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 $34,302 $2,911,000 $372,700 $2,538,300
2023 $34,367 $2,937,500 $372,700 $2,564,800
2022 $23,889 $2,299,000 $324,200 $1,974,800
2021 $23,889 $2,036,200 $324,200 $1,712,000
2020 $17,649 $1,522,600 $324,200 $1,198,400
2019 $9,367 $324,200 $324,200 $0
2018 $3,354 $279,500 $279,500 $0
2017 $3,343 $279,500 $279,500 $0
2016 $5,791 $279,500 $279,500 $0
2014 $5,470 $279,500 $279,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21392892

MIBOR Broker Listing Cooperative®

APN: 29-13-05-008-009.000-018