NOT LISTED FOR SALE

Estimated Value: $710,000 - $769,503

5 Beds
4.5 Baths
3,844 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $740,000 $193 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,566/month

33 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Homestead Senior High School Rated A
  • Great Room
  • Covered Patio or Porch

About This Home

As of August 2024

Welcome to refined living at its finest in the heart of Mercato. This perfectly crafted 5-bedroom stunner, built in 2022 by MBN Properties, is a testament to impeccable design and exquisite craftsmanship. You will be enchanted by the gorgeous finishes that adorn every corner of this immaculate residence. A home office with glass pocket doors offers a stylish yet functional workspace, while the great room beckons with a vaulted, beamed ceiling and large sliders leading to the covered patio, where you can indulge in breathtaking sunset views. Delight in the remarkable, eat-in kitchen, featuring a sprawling island, 5-burner gas cooktop nestled within a stunning stone arch, quartz countertops, farmhouse sink, and built-in oven & microwave. Adjacent to the kitchen, a locker area and laundry room with quartz folding table add convenience and charm to everyday living. Retreat to the spacious primary suite, where tray ceilings, a walk-in closet, soaking tub, an opulent tile shower w/double shower heads, and dual vanities create a serene sanctuary for relaxation. Upstairs, three fabulous bedrooms, including a guest en suite, and 2 full baths offer comfort and privacy for family members and guests alike. The lower level is an entertainer's dream, boasting a 5th bedroom, full bath, and an exceptional newly installed wet bar. Huge storage rooms provide adequate space for organization, with one room easily convertible into a 6th bedroom or theater room for added versatility. Conveniently located near walking trails, award-winning SACS schools, local hospitals, and restaurants, this home offers the perfect blend of luxury, comfort, and convenience.

Last Agent to Sell the Property

Heather Regan

Regan & Ferguson Group Brokerage Phone: 260-207-4648 Listed on: 06/06/2024

Co-Listed By

Leslie Ferguson

Regan & Ferguson Group Brokerage Phone: 260-207-4648

Last Buyer's Agent

David Brough

Anthony REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 2022

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140x100x140
  • Landscaped
  • Level Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Shingle Roof
  • Block Exterior
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Covington Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Mercato Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-09-303-001.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,523

Year Built

Built in 2022

Lot Details

0

HOA Fees

$44 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2022
  • Age: 2
  • Style: Two Story
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Mercato Sec ll Lot 80
  • Parcel Number ID: 02-11-09-303-001.000-038
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Ceiling-9+, Ceiling Fan(s), Ceilings-Beamed, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Guest Quarters, Kitchen Island, Landscaped, Near Walking Trail, Pantry-Walk In, Patio Covered, Porch Covered, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Wet Bar, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: City/Town/Suburb, Near Walking Trail
  • Number Below Grade Bedrooms: 1
  • Section Number: 2
  • Sp Lp Percent: 98.68
  • Year Taxes Payable: 2024
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Total Sq Ft: 4416
  • Total Finished Sq Ft: 3844
  • Above Grade Finished Sq Ft: 2645
  • Below Grade Finished Sq Ft: 1199
  • Below Grade Sq Ft: 572
  • Price Per Sq Ft: 279.77
  • Basement: Yes
  • Basement Foundation: Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 19x17, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Breakfast Room: Dimensions: 18x12, On Level: Main
  • Family Room: Dimensions: 24x17, On Level: Lower
  • Den: Dimensions: 10x10, On Level: Main
  • Recreation Room: Dimensions: 23x21, On Level: Lower
  • Bedroom 1: Dimensions: 19x17, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Bedroom 5: Dimensions: 12x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1771

Exterior Features

  • Exterior: Block, Stone, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 36x22
  • Garage Sq Ft: 792
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Laundry: Dimensions: Mainx8, On Level: 10

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 525
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Covington

Lot Info

  • Lot Description: Level, Slope
  • Lot Dimensions: 100x140x100x140
  • Estimated Lot Sq Ft: 14000
  • Estimated Lot Size Acres: 0.32
  • Lot Number: 80

Tax Info

  • Annual Taxes: 6523.2

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 24, 2024
Sold by
Sassmannshausen Greg and Sassmannshausen Jill
Bought by
Sateesh Praveen and Sateesh Heather
Seller's Agent
Heather Regan
Regan & Ferguson Group
Buyer's Agent
David Brough
Anthony REALTORS
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%
Views
94
Current Estimated Value
$747,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,376
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Dec 21, 2022
Sold by
Mbn Properties Llc
Bought by
Sassmannshausen Greg and Sassmannshausen Jill

Purchase Details

Closed on
Jan 24, 2022
Sold by
Mercato Development Llc
Bought by
Mbn Properties Llc

Purchase Details

Closed on
Jan 18, 2022
Sold by
Mercato Development Llc
Bought by
Mbn Properties Llc
Source: Public Records

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
Sateesh Praveen -- Metropolitan Title Of In
Sassmannshausen Greg -- Centurion Land Title
Mbn Properties Llc $104,405 Renaissance Title
Mbn Properties Llc -- Renaissance Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Sold $740,000 -1.3% $193 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $749,900 -6.3% $195 / Sq Ft
06/06/2024 06/06/24 For Sale $799,900 -- $208 / Sq Ft
Source: Indiana Regional MLS

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 $6,523 $766,000 $90,900 $675,100
2023 $6,473 $773,000 $90,900 $682,100
2022 $2 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202420603

Indiana Regional MLS

APN: 02-11-09-303-001.000-038