$785,000
SOLD SEP 14, 2012

12162 Pearl Bay Ridge Indianapolis, IN 46236

Geist Neighborhood
6 Beds
6 Baths
4,162 Sq Ft
0.7 Acres

Recently Sold

$189 Per Sq Ft

393 Days on Market

Highlights

  • Lake Front
  • Family Room with Fireplace
  • Traditional Architecture
  • In Ground Pool
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of July 2023

Geist Lakefront Home on oversize .7 Acre point lot located in a protected area w/views to the main body. First time on market, this all brick beauty has been nicely updated by original owners. Open plan w/2-story entry & great rm. 15' cathedral ceilings in main lvl master, Raised clgs in other areas. Updated Kit w/Granite Tops all Stainless Appliances. Walk-out w/wet bar, family rm 2nd fireplace & theater area. 18X36 diving pool w/slide. Boat dock w/lift. Lush landscaping. Cul-de-sac location.

Last Agent to Sell the Property

Dick Richwine

Berkshire Hathaway Home License #RB14006231 Listed on: 07/29/2011

Berkshire Hathaway Home

Co-Listed By

Joel Woelfle

Berkshire Hathaway Home License #RB14008894

Last Buyer's Agent

Michael Clark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,522

Year Built

  • Built in 1991

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height
  • Sump Pump

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Multiple Outdoor Decks
  • Outdoor Gas Grill
  • Enclosed Glass Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, insurance, maintenance, management, snow removal, security
  • Admirals Pointe Subdivision

Listing and Financial Details

  • Legal Lot and Block 143 / 6
  • Assessor Parcel Number 490115125002000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,522

Year Built

Built in 1991

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1991
  • Building Area Total: 6935
  • Garage Y N: Yes
  • Lot Size Acres: 0.7
  • Subdivision Name: Admirals Pointe
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: drichwine@bhhsin.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Walk Out, Sump Pump
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Oven, Convection Oven, Refrigerator, Trash Compactor, Warming Drawer, Washer, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2495
  • Fireplace Features: Family Room, Gas Log, Hearth Room, Masonry
  • Fireplaces: 2
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Cathedral Ceiling(s), Raised Ceiling(s), Hardwood Floors, Walk-in Closet(s), Paddle Fan, Entrance Foyer, Hi-Speed Internet Availbl, Primary Bedroom on Main, Pantry, Wet Bar
  • Living Area: 4162
  • Main Level Bedrooms: 2
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Spa Features: Private
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2773
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1389
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 4162

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Dock, Gas Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 825000
  • Patio And Porch Features: Multiple Decks, Glass Enclosed
  • Pool Features: Below Ground
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Side Load Garage, Storage
  • Garage Parking Other: Finished Garage,Keyless Entry,Service Door

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: 450
  • Association Fee Frequency: Annually
  • Association YN: Yes

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Maintenance, Management, Snow Removal, Security

Lot Info

  • Lot Features: Cul-De-Sac
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.7
  • Parcel Number: 490115125002000400
  • Acres: 1/2-1 Acre

Tax Info

  • Tax Annual Amount: 8522
  • Tax Block: 6
  • Tax Lot: 143
  • Semi Annual Property Tax Amt: 4261
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 7, 2023
Sold by
Schuller Joseph M and Schuller Monika A
Bought by
Linarducci Gerardo Lorenzo and Linarducci Jennifer Joan
Seller's Agent
Mike Clark
F.C. Tucker Company
Buyer's Agent
Jamie Boer
Compass Indiana, LLC
List Price
$1,790,000
Sold Price
$1,950,000
Premium/Discount to List
$160,000
8.94%
Views
346
Current Estimated Value
$1,472,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,549
Avg. Annual Appreciation
-14.42%

Purchase Details

Listed on
Jul 29, 2011
Closed on
Sep 14, 2012
Sold by
Goins Terry and Goins Marcia
Bought by
Schuller Joseph M and Schuller Monika A
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Michael Clark
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$585,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,950,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $510,000 Construction
Previous Owner $80,000 Unknown
Previous Owner $585,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $1,950,000 +8.9% $289 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $1,790,000 +128.0% $265 / Sq Ft
09/14/2012 09/14/12 Sold $785,000 0.0% $189 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $785,000 -- $189 / 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 $13,576 $1,504,300 $293,700 $1,210,600
2023 $13,576 $1,178,300 $293,700 $884,600
2022 $12,266 $1,046,300 $293,700 $752,600
2021 $11,932 $1,000,400 $293,700 $706,700
2020 $11,627 $963,200 $293,700 $669,500
2019 $10,462 $1,000,400 $293,700 $706,700
2018 $10,512 $1,000,000 $293,700 $706,300
2017 $8,808 $837,800 $293,700 $544,100
2016 $8,871 $845,400 $293,700 $551,700
2014 $8,419 $814,400 $293,700 $520,700
2013 $8,237 $814,400 $293,700 $520,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21134741

MIBOR Broker Listing Cooperative®

APN: 49-01-15-125-002.000-400