NOT LISTED FOR SALE

Estimated Value: $289,000 - $332,000

3 Beds
2 Baths
1,538 Sq Ft
$183/mo HOA Fee

Last Sold February 13, 2020

Last sale price $239,000 $155 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,074/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Ranch Style House
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream
  • Cathedral Ceiling

About This Home

As of February 2020

Only two years young! Immaculate water front villa! Open floor plan w/large breakfast bar island open to the Great Room. Cathedral Ceiling Great Room and Trey Ceiling master bedroom. All three bedrooms have WIC. Extra clothing rods above in master closet.Large 5' fiberglass shower in master bath. Hard surface flooring areas are vinyl plank. Good storage/linen closet space. Small storage area in rear of garage is 6x5. Large pantry. Newer style/wider pull down stairway in garage. HOA dues cover snow removal, mowing,trimming and mulching. There is a club house with work out equipment and pool table.

Last Agent to Sell the Property

Jody Hurley

Coldwell Banker Real Estate Group Listed on: 12/29/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Kyle Ganton

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 2017

Lot Details

  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,538 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Entrance Foyer
  • Carpet
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-177-003.000-038

Community Details

Overview

  • Summit Reserve Villas Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

Built in 2017

Lot Details

0

HOA Fees

$183 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2017
  • Age: 3
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Villas at Summit Reserve, Section I, Lot 2
  • Parcel Number ID: 02-11-08-177-003.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Breakfast Bar, Ceiling-Cathedral, Ceiling-Tray, Disposal, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Patio Open, Range/Oven Hook Up Elec, Six Panel Doors, Stand Up Shower, Main Level Bedroom Suite
  • Cross Street: Summuit Reserve Drive
  • Location: City/Town/Suburb
  • Sp Lp Percent: 98.39
  • County Zoning: A1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1538
  • Total Finished Sq Ft: 1538
  • Above Grade Finished Sq Ft: 1538
  • Price Per Sq Ft: 155.4
  • Basement Foundation: Slab
  • Flooring: Carpet
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Breakfast Room: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 16x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x21
  • Garage Sq Ft: 441
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 9
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 2200
  • Association Fees Frequency: Annually
  • Other Fee Description: Villa fees

Schools

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

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 56x135
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 2

Tax Info

  • Annual Taxes: 1486
  • Exemptions: Homestead, Mortgage

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
Dec 29, 2019
Closed on
Feb 13, 2020
Sold by
Peek Daivd L and Cleveland Peek Demonica
Bought by
Salzmann Emily E
Seller's Agent
Jody Hurley
Coldwell Banker Real Estate Group
Buyer's Agent
Kyle Ganton
CENTURY 21 Bradley Realty, Inc
List Price
$242,900
Sold Price
$239,000
Premium/Discount to List
-$3,900
-1.61%
Total Days on Market
12
Current Estimated Value
$308,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,217
Avg. Annual Appreciation
4.84%
Original Mortgage
$109,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Granite Ridge Builders Inc
Bought by
Peek David L and Cleveland Peek Demonica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,868
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2017
Sold by
Summit Reserve Llc
Bought by
Granite Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,900
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Salzmann Emily E $239,000 Riverbend Title, Llc
Peek David L $196,426 Titan Title Services Llc
Granite Inc $33,400 --
Ridge Builders Inc $33,370 Titan Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salzmann Emily E $80,100
Closed Salzmann Emily E $109,000
Previous Owner Peek David L $192,868
Previous Owner Granite Ridge Builders Inc $157,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $239,000 -1.6% $155 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $242,900 -- $158 / 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 $1,931 $280,100 $58,000 $222,100
2023 $1,931 $270,500 $46,000 $224,500
2022 $1,612 $239,500 $46,000 $193,500
2021 $1,587 $228,200 $46,000 $182,200
2020 $1,570 $223,500 $46,000 $177,500
2019 $1,621 $223,000 $46,000 $177,000
2018 $1,487 $209,900 $46,000 $163,900
2017 -- $1,300 $1,300 $0
2016 -- $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201953674

Indiana Regional MLS

APN: 02-11-08-177-003.000-038