NOT LISTED FOR SALE

Estimated Value: $870,000 - $987,000

5 Beds
4.5 Baths
5,719 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $510,000 $89 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,385/month

177 Days on Market

Highlights

  • Fireplace in Kitchen
  • Vaulted Ceiling
  • Tray Ceiling
  • West Clay Elementary Rated A+
  • Community Pool
  • Security System Owned

About This Home

As of May 2018

Stunning new listing in West Carmel! Lakefront custom home w/ walk-out basement! 4 fireplaces & gleaming hardwood flooring throughout main level. Home has been updated and it shows! Main floor office w/ wood paneling & built-ins. Large great room w/ soaring ceilings, built-ins & fireplace. Gourmet kitchen w/ granite, island, nook & cozy hearth room! All 5 bedrooms have access to full baths. Huge master bedroom w/ luxury bath spa. Amazing, finished walkout basement w/ 5th bed, full bath, rec/ bar area, fam room w/ fireplace. Huge basement storage room! You will love entertaining & taking in the view from the large main level deck & lower level patio. Home has a brand new AC & roof! Fantastic location! Close to shopping & schools! Gorgeous!

Last Agent to Sell the Property

Allen Williams

Berkshire Hathaway Home License #RB14034215 Listed on: 10/30/2017

Berkshire Hathaway Home

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1999

Lot Details

  • 0.44 Acre Lot

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Window Screens
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 290932004023000018

Community Details

Overview

  • Association fees include insurance, maintenance, pool, professional mgmt, snow removal
  • Laurel Lakes Subdivision
  • Property managed by not known

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,278

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1999
  • Garage Y N: Yes
  • Lot Size Acres: 0.44
  • Subdivision Name: LAUREL LAKES
  • Inspection Warranties: Not Applicable
  • Property Description: Stunning new listing in West Carmel! Lakefront custom home w/ walk-out basement! 4 fireplaces & gleaming hardwood flooring throughout main level. Home has been updated and it shows! Main floor office w/ wood paneling & built-ins. Large great room w/ soaring ceilings, built-ins & fireplace. Gourmet kitchen w/ granite, island, nook & cozy hearth room! All 5 bedrooms have access to full baths. Huge master bedroom w/ luxury bath spa. Amazing, finished walkout basement w/ 5th bed, full bath, rec/ bar area, fam room w/ fireplace. Huge basement storage room! You will love entertaining & taking in the view from the large main level deck & lower level patio. Home has a brand new AC & roof! Fantastic location! Close to shopping & schools! Gorgeous!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk-Out Access
  • Appliances: Dishwasher, Disposal, Kit Exhaust, Microwave, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Great Room, Kitchen
  • Fireplaces: 4
  • Interior Amenities: Attic Access, Raised Ceiling(s), Tray Ceiling(s), Screens Complete
  • Living Area: 5719
  • Other Equipment: Security Alarm Paid, Smoke Detector, Sump Pump
  • Room Count: 12
  • Areas Interior: Foyer - 2 Story,Great Room - 2 Story,Living Room Formal
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3900
  • Main Level Sq Ft: 1819
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Fireplace,Suite,Tub Full with Separate Shower,Tub Whirlpool
  • Total Sq Ft: 5719
  • Below Grade Sq Ft: 1819
  • Upper Level Sq Ft: 2081
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Deck UP,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: not known

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Pool, Professional Mgmt, Snow Removal
  • Mandatory Fee: 770

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 290932004023000018
  • Acres: 1/4-1/2 Acre
  • Lot Information: Pond,Sidewalks
  • Lot Number: 43
  • Lot Size: .44

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5278
  • Semi Annual Property Tax Amt: 2639
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
May 30, 2018
Sold by
Mhapsekar Rishi S and Mhapsekar Laura E
Bought by
Franko Vitaly and Franko Iryna K
Seller's Agent
Allen Williams
Berkshire Hathaway Home
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$545,000
Sold Price
$510,000
Premium/Discount to List
-$35,000
-6.42%
Current Estimated Value
$911,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,553
Avg. Annual Appreciation
8.20%
Original Mortgage
$408,000
Outstanding Balance
$299,275
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$612,278

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 15, 2017
Sold by
Wallander Thomas J and Wallander Beth L
Bought by
Mhapsekar Rishi S and Mhapsekar Laura E
Seller's Agent
Larry Rasmussen
CENTURY 21 Scheetz
Buyer's Agent
Allen Williams
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.75%
Original Mortgage
$525,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2014
Sold by
Wallander Thomas J and Wallander Beth L
Bought by
Wallander Family Revocable Trust

Purchase Details

Closed on
Nov 13, 2001
Sold by
Curley Michael V
Bought by
Wallander Thomas J and Wallander Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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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
Franko Vitaly -- Meridian Title Co
Mhapsekar Rishi S -- None Available
Wallander Family Revocable Trust -- None Available
Wallander Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franko Vitaly $408,000
Previous Owner Mhapsekar Rishi S $525,000
Previous Owner Wallander Thomas J $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2018 05/30/18 Sold $510,000 -2.9% $89 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $525,000 -0.9% $92 / Sq Ft
03/09/2018 03/09/18 Price Changed $529,900 -1.9% $93 / Sq Ft
02/28/2018 02/28/18 Price Changed $539,900 -0.9% $94 / Sq Ft
01/07/2018 01/07/18 For Sale $545,000 0.0% $95 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $545,000 +3.8% $95 / Sq Ft
05/15/2017 05/15/17 Sold $525,000 -2.6% $135 / Sq Ft View Prior Sale
03/12/2017 03/12/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $539,000 -- $138 / 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 $6,794 $609,700 $183,400 $426,300
2023 $6,864 $609,700 $183,400 $426,300
2022 $6,547 $570,000 $114,700 $455,300
2021 $5,576 $489,700 $114,700 $375,000
2020 $5,428 $479,300 $114,700 $364,600
2019 $5,416 $478,800 $94,500 $384,300
2018 $5,334 $474,000 $94,500 $379,500
2017 $5,261 $467,500 $94,500 $373,000
2016 $5,278 $476,400 $94,500 $381,900
2014 $4,968 $454,700 $94,500 $360,200
2013 $4,968 $458,800 $94,500 $364,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21522058

MIBOR Broker Listing Cooperative®

APN: 29-09-32-004-023.000-018