NOT LISTED FOR SALE

1272 Summer Ridge Ln Brownsburg, IN 46112

Estimated Value: $279,000 - $302,000

3 Beds
2 Baths
1,417 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $255,000 $180 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,744/month

1 Day on Market

Highlights

  • Attached Garage
  • Lincoln Elementary Rated A
  • Combination Kitchen and Dining Room

About This Home

As of October 2021

This airy, open split bedroom ranch is spacious & situated in popular Lake Ridge of Brownsburg! Home features large great room w/corner fireplace & cathedral ceiling, whole house audio w/receiver, wiring for home networking, all brand new Pella windows/sliding glass door w/one-time transferable lifetime warranty & upgraded A/C unit too. Fabulous kitchen offers white shaker cabinets w/beautiful hardware, quartz countertops & an impressive backsplash. Breakfast nook leads to the back patio that overlooks a fully fenced rear yard for all to enjoy. Nice master bedroom retreat w/private bath & walk-in closet. Dimensional, architectural roof & extra deep garage for larger vehicles to boot. The community features too many amenities to list!

Last Agent to Sell the Property

Brian Harbert

REALTY WORLD-Harbert Company License #RB14027256 Listed on: 09/23/2021

REALTY WORLD-Harbert Company

Last Buyer's Agent

Candy Randolph

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,464

Year Built

  • 2003

Lot Details

  • 7,841

HOA Fees

  • $40 per month

Parking

  • Attached Garage

Interior Spaces

  • Combination Kitchen and Dining Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Property managed by Lake Ridge HOA/CASI

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,464

Year Built

2003

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: SeeRemarks
  • Transaction Type: Sale
  • Website: HomesAllAroundIndy.com
  • Website: https://www.chicagotitleindy.com/CTRSIndianapolisMetro/media/CCRs/L-0/Lake-Ridge-(Hendricks).pdf
  • Architectural Style: Ranch
  • Directions: SR 267 north of I-74 to Garner Rd. Right to Wild Ridge Blvd. Right to Grassy Ridge. Left on to River Ridge. Left onto Summer Ridge to home on the left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: LAKE RIDGE
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood
  • Fireplace Features: Gas Log
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1417
  • Main Level Sq Ft: 1417
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split,Closet Walk in,TubFull with Shower
  • Kitchen Features: Center Island,Pantry
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Clubhouse, Fence Full Rear, Pool Community, Tennis Community
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch
  • Construction Type: Brick, Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Management Company Name: Lake Ridge HOA/CASI
  • Management Company Phone: 317-875-5600
  • Association Fee: 120
  • Association Fee Frequency: Quarterly

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Pool

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Trees Small
  • Lot Number: 425
  • Lot Size: 7,802

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 732
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 1464
  • Tax Year: 2020

MLS Schools

  • School District: Brownsburg Community
  • Schools: Brown Elementary,Brownsburg High,Brownsburg West Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 27, 2021
Sold by
Merriman Phillip R and Merriman Britney
Bought by
Beard Sandra
Seller's Agent
Brian Harbert
REALTY WORLD-Harbert Company
Buyer's Agent
Candy Randolph
Keller Williams Indy Metro W
List Price
$235,000
Sold Price
$255,000
Premium/Discount to List
$20,000
8.51%
Total Days on Market
1
Current Estimated Value
$292,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,029
Avg. Annual Appreciation
3.84%

Purchase Details

Closed on
Jan 14, 2021
Sold by
Merriman Phillip R
Bought by
Merriman Phillip R and Merriman Britney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,300
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2014
Closed on
Sep 10, 2014
Sold by
Stone Financing Llc
Bought by
Merriman Philip R
Seller's Agent
Peggy Kieper
F.C. Tucker Company
Buyer's Agent
Nina Klemm
F.C. Tucker Company
List Price
$136,000
Sold Price
$131,000
Premium/Discount to List
-$5,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$128,627
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 11, 2014
Sold by
Egler Amanda L
Bought by
Stone Financing Llc
Seller's Agent
Peggy Kieper
F.C. Tucker Company
Buyer's Agent
Nina Klemm
F.C. Tucker Company
List Price
$136,000
Sold Price
$131,000
Premium/Discount to List
-$5,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,627
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2003
Sold by
Centex Homes
Bought by
Egler Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,266
Interest Rate
6.4%
Mortgage Type
FHA
Source: Public Records

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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
Beard Sandra $255,000 Chicago Title
Merriman Phillip R -- None Available
Merriman Philip R -- Stewart Title
Stone Financing Llc -- Stewart Title
Egler Amanda L -- Chicago Title North
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merriman Phillip R $98,300
Previous Owner Merriman Philip R $128,627
Previous Owner Stone Financing Llc $128,627
Previous Owner Egler Amanda L $90,000
Previous Owner Egler Amanda L $121,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $255,000 +8.5% $180 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $235,000 +79.4% $166 / Sq Ft
10/03/2014 10/03/14 Sold $131,000 -3.0% $92 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
07/25/2014 07/25/14 Price Changed $135,000 -0.7% $95 / Sq Ft
07/10/2014 07/10/14 For Sale $136,000 -- $96 / 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 $1,846 $221,400 $44,500 $176,900
2023 $1,809 $203,200 $40,400 $162,800
2022 $1,774 $177,400 $40,400 $137,000
2021 $1,562 $156,200 $38,100 $118,100
2020 $1,463 $146,300 $38,100 $108,200
2019 $1,398 $139,800 $36,000 $103,800
2018 $1,391 $139,100 $36,000 $103,100
2017 $1,335 $133,500 $34,600 $98,900
2016 $1,304 $130,400 $34,600 $95,800
2014 $1,215 $121,500 $32,000 $89,500
2013 $1,166 $116,600 $32,000 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21814963

MIBOR Broker Listing Cooperative®

APN: 32-07-01-110-019.000-026