NOT LISTED FOR SALE

12515 Timber Creek Dr Unit 2 Carmel, IN 46032

Downtown Carmel Neighborhood

Estimated Value: $165,929 - $356,000

2 Beds
2 Baths
1,070 Sq Ft
1,307 Sq Ft Lot

Last Sold July 25, 2014

Last sale price $86,000 $80 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,273/month

81 Days on Market

Highlights

  • In Ground Pool
  • Pond
  • Forced Air Heating and Cooling System
  • Carmel Elementary School Rated A
  • 1-Story Property

About This Home

As of July 2014

Beautiful 2Bdrm 2 Bath 1st Floor Condo conveniently located in quiet community & walking distance to Palladium & Arts District. Both Bdrms have Walk-in Closets and Brand NEW windows! Updated light fixtures thruout. All Appl Stay. Updated Master Bath. Indoor storage closet. Assoc dues include many amenities incl Pool & Tennis Court. Assigned parking space & plenty of guest parking. Beautiful enclosed Patio & enjoy a Peaceful view of lake & fountain! Great location very close to downtown Carmel!

Last Agent to Sell the Property

Chad Utzig

Dropped Members License #RB14049097 Listed on: 03/30/2014

Last Buyer's Agent

Patsy Smith

Patsy Smith Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $438

Year Built

  • Built in 1989

Lot Details

  • 1,307

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Window Screens

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Pond

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 290936005002000018

Community Details

Overview

  • Association fees include clubhouse, entrance private, ground maintenance, pool, professional mgmt, snow removal, tennis court(s)
  • Timber Creek Subdivision

Recreation

  • Tennis Courts

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$438

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1989
  • Garage Y N: No
  • Subdivision Name: TIMBER CREEK
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful 2Bdrm 2 Bath 1st Floor Condo conveniently located in quiet community & walking distance to Palladium & Arts District. Both Bdrms have Walk-in Closets and Brand NEW windows! Updated light fixtures thruout. All Appl Stay. Updated Master Bath. Indoor storage closet. Assoc dues include many amenities incl Pool & Tennis Court. Assigned parking space & plenty of guest parking. Beautiful enclosed Patio & enjoy a Peaceful view of lake & fountain! Great location very close to downtown Carmel!
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Screens Complete
  • Living Area: 1070
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Eating Area: Dining Combo/Family Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1070
  • Main Level Sq Ft: 1070
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Closet Walk in
  • Total Sq Ft: 1070
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: In Ground Pool, Tennis Court(s)
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Ground Level

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Private, Maintenance Grounds, Pool, Professional Mgmt, Snow Removal, Tennis Court(s)
  • Mandatory Fee: 175

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 290936005002000018
  • Acres: <1/4 Acre
  • Lot Information: Pond
  • Lot Number: 00
  • Lot Size: 00

Tax Info

  • Tax Annual Amount: 438
  • Semi Annual Property Tax Amt: 219
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2015
Sold by
Stach Susan Marie
Bought by
Stach Susan M and Susan M Stach Revocable Trust
Current Estimated Value
$240,982

Purchase Details

Listed on
Mar 30, 2014
Closed on
Jul 25, 2014
Sold by
Rose Lyn L
Bought by
Stach Susan Marie
Seller's Agent
Chad Utzig
Dropped Members
Buyer's Agent
Patsy Smith
Patsy Smith Real Estate Group
List Price
$94,900
Sold Price
$86,000
Premium/Discount to List
-$8,900
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$64,500
Outstanding Balance
$43,508
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$197,474

Purchase Details

Closed on
May 20, 2005
Sold by
Collins Thomas R and Terry John S
Bought by
Rose Lyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2002
Sold by
Odendahl Paul J and Odendahl Ida M
Bought by
Olear Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
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
Stach Susan M -- None Available
Stach Susan Marie -- Pinnacle Land Title Co Inc
Rose Lyn L -- --
Olear Shirley J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stach Susan Marie $64,500
Previous Owner Rose Lyn L $57,500
Previous Owner Olear Shirley J $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $86,000 -1.0% $80 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/10/2014 06/10/14 Price Changed $86,900 -3.3% $81 / Sq Ft
05/19/2014 05/19/14 Price Changed $89,900 -5.3% $84 / Sq Ft
03/30/2014 03/30/14 For Sale $94,900 -- $89 / 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 $145 $61,200 $61,200 --
2023 $160 $174,800 $30,000 $144,800
2022 $1,515 $156,900 $30,000 $126,900
2021 $1,040 $140,600 $30,000 $110,600
2020 $808 $108,500 $30,000 $78,500
2019 $699 $100,800 $18,600 $82,200
2018 $550 $91,200 $18,600 $72,600
2017 $480 $86,000 $18,600 $67,400
2016 $446 $82,000 $18,600 $63,400
2014 $421 $82,700 $18,600 $64,100
2013 $421 $82,700 $18,600 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21282204

MIBOR Broker Listing Cooperative®

APN: 29-09-36-005-002.000-018