NOT LISTED FOR SALE

11318 Cherry Tree Way Indianapolis, IN 46235

Far Eastside Neighborhood

Estimated Value: $221,000 - $244,000

3 Beds
2 Baths
1,222 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $155,000 $127 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,414/month

Highlights

  • Mature Trees
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Patio
  • Combination Dining and Living Room

About This Home

As of June 2020

Beautiful home, location, and updates! The yard is spacious and an amazing setting to relax, entertain, and enjoy. The floor plan is a nice open concept living and dining area featuring a split floor plan with large bedrooms. The appliances are newer and several items have been updated in the home. The attic was recently updated with extra storage space and a new steel stairway access. Move in ready!

Last Agent to Sell the Property

Jeff Weightman

Weightman Realty Group, LLC License #RB14041279 Listed on: 05/07/2020

Last Buyer's Agent

Lindsay Sears

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1994

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,222 Sq Ft Home
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Cherry Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490822128023000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1994
  • Garage Y N: Yes
  • Lot Size Acres: 0.324
  • Subdivision Name: CHERRY LAKE
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful home, location, and updates! The yard is spacious and an amazing setting to relax, entertain, and enjoy. The floor plan is a nice open concept living and dining area featuring a split floor plan with large bedrooms. The appliances are newer and several items have been updated in the home. The attic was recently updated with extra storage space and a new steel stairway access. Move in ready!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Pull Down Stairs
  • Living Area: 1222
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1222
  • Main Level Sq Ft: 1222
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1222
  • Kitchen Features: Kitchen Updated,Pantry

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Fence Privacy
  • Foundation Details: Slab
  • List Price: 157000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage
  • Garage Sq Ft: 441

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490822128023000700
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature
  • Lot Number: 223
  • Lot Size: 14,113

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1186
  • Semi Annual Property Tax Amt: 593
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Warren Township
  • Schools: Warren Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 29, 2020
Sold by
Pakosta Petr
Bought by
Herald Richard L
Seller's Agent
Jeff Weightman
Weightman Realty Group, LLC
Buyer's Agent
Lindsay Sears
Compass Indiana, LLC
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$230,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,854
Avg. Annual Appreciation
7.84%
Original Mortgage
$152,121
Outstanding Balance
$135,141
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$95,713

Purchase Details

Closed on
Jun 12, 2008
Sold by
Diversified Realty Centre Inc
Bought by
Pakosta Petr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,916
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2007
Sold by
Key Darrin W
Bought by
Diversifield Realty Center Inc
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
Herald Richard L $155,000 True Title
Pakosta Petr -- Title One
Diversifield Realty Center Inc -- National Attorneys Title Ass
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herald Richard L $152,121
Previous Owner Pakosta Petr $84,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $155,000 -1.3% $127 / Sq Ft
05/10/2020 05/10/20 Price Changed $157,000 +1.3% $128 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $155,000 -- $127 / 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 $2,310 $215,800 $30,500 $185,300
2023 $2,310 $194,100 $30,500 $163,600
2022 $1,878 $161,200 $30,500 $130,700
2021 $1,687 $145,700 $30,500 $115,200
2020 $1,201 $112,800 $19,600 $93,200
2019 $1,283 $112,700 $19,600 $93,100
2018 $1,089 $102,600 $19,600 $83,000
2017 $893 $94,700 $19,600 $75,100
2016 $768 $85,500 $19,600 $65,900
2014 $465 $72,900 $19,600 $53,300
2013 $607 $78,900 $19,600 $59,300
Source: Public Records

Agents Affiliated with this Home

  • Jeff Weightman

    Seller's Agent in 2020

    Jeff Weightman

    Weightman Realty Group, LLC

    (317) 258-4714

    290 Total Sales

    Jeff Weightman
    Section Image

  • L

    Buyer's Agent in 2020

    Lindsay Sears

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21708813

MIBOR Broker Listing Cooperative®

APN: 49-08-22-128-023.000-700

Indiana Marion County Indianapolis 46235 Far Eastside

11318 Cherry Tree Way, Indianapolis, IN

This home is located at 11318 Cherry Tree Way, Indianapolis, IN 46235 since 07 May 2020 and is currently estimated at $230,854, approximately $188 per square foot. This property was built in 1994. 11318 Cherry Tree Way 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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