$324,500
SOLD JUN 27, 2025
2 Beds
2 Baths
1,790 Sq Ft
$340/mo HOA Fee

Recently Sold

$181 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • Homestead Senior High School Rated A
  • Waterfront
  • Lake, Pond or Stream

About This Home

As of June 2025

Upscale Condominium Living at the 'Villas at Summit Reserve'. This beautiful and quiet 20-acre neighborhood features serene ponds, a clubhouse with a fitness room, full kitchen, party space with a big-screen TV, and an outdoor pool with patio. Designed for maintenance-free living, $340/month fees include clubhouse and pool, lawn care, landscaping, exterior upkeep, pond maintenance, exterior insurance, city water and snow removal. Easy Mobility through wide doors, low thresholds, spacious hallways. Cathedral ceilings, a gas fireplace, kitchen appliances. Its open layout connects the great room, kitchen, breakfast nook, and a laundry room that has a deep sink and an extra walk-in storage closet. The sunroom, featuring windows on three sides, provides breathtaking views of the pretty blue pond and the surrounding greenery. Giant kitchen with plenty of countertops and cabinets. Easy parking with a wide driveway and an attached 2-Car garage. Whole house humidifier. 2 full bathrooms, 2 bedrooms with a den. The roof was new in 2021. Desirable back corner unit, in a quad-unit property, that provides zero drive-by traffic and quiet enjoyment.

Last Agent to Sell the Property

Dave McDaniel

RE/MAX Results Brokerage Phone: 260-602-6148 Listed on: 04/27/2025

RE/MAX Results

Last Buyer's Agent

Scott Pressler

Keller Williams Realty Group

Keller Williams Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Rural Setting
  • Landscaped

HOA Fees

  • $340 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Lake, Pond or Stream
  • Patio
  • Porch

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 02-11-08-176-027.000-038
  • Seller Concessions Not Offered

Community Details

Overview

  • Summit Reserve Villas Subdivision

Amenities

  • Clubhouse

Recreation

  • Waterfront Owned by Association
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,925

Year Built

Built in 2008

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2008
  • Age: 17
  • Style: One Story
  • Architectural Style: Ranch, Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Villas at Summit Reserve Condos Unit U2-2
  • Parcel Number ID: 02-11-08-176-027.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Breakfast Bar, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Near Walking Trail, Patio Open, Porch Open, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Stand Up Shower, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Summit Reserve Trail
  • Location: Rural Subdivision, Near Walking Trail
  • Sp Lp Percent: 98.36
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1790
  • Total Finished Sq Ft: 1790
  • Above Grade Finished Sq Ft: 1790
  • Price Per Sq Ft: 181.28
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Breakfast Room: Dimensions: 14x11, On Level: Main
  • Den: Dimensions: 11x11, On Level: Main
  • Extra Room: Sunroom, Dimensions: 15x12, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Main Level Sq Ft: 1790
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Stone, Cement Board
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes
  • Water Features: Assoc

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 8
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 340
  • Association Fees Frequency: Monthly
  • Common Amenities: Clubhouse, Exercise Room, Swimming Pool

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, Waterfront, 0-2.9999, Water View, Waterfront-Level Bank
  • Lot Dimensions: 0 x 0

Tax Info

  • Annual Taxes: 1924.98
  • Exemptions: Homestead

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
Apr 27, 2025
Closed on
Jun 26, 2025
Sold by
Jacobson Sylvia K
Bought by
Mcglone Molly Ann and Metzger Gloria Paula
Seller's Agent
Dave McDaniel
RE/MAX Results
Buyer's Agent
Scott Pressler
Keller Williams Realty Group
List Price
$340,000
Sold Price
$324,500
Premium/Discount to List
-$15,500
-4.56%
Views
183
Current Estimated Value
$337,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,796
Avg. Annual Appreciation
14.27%
Original Mortgage
$292,050
Outstanding Balance
$291,556
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$45,740

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 6, 2015
Sold by
Pressler Cynthia A
Bought by
Jacobson William J and Jacobson Sylvia K
Seller's Agent
Heather Regan
Regan & Ferguson Group
Buyer's Agent
Beth Watkins
CENTURY 21 Bradley Realty, Inc
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%

Purchase Details

Listed on
Mar 28, 2012
Closed on
Aug 29, 2012
Sold by
Birds Of Prey Llc
Bought by
Pressler Cynthia A
Seller's Agent
Ed Neufer
RE/MAX Results
Buyer's Agent
Natalie Lederle
Simply Natalie INC.
List Price
$184,900
Sold Price
$175,500
Premium/Discount to List
-$9,400
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$86,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Frey Terri
Bought by
Bird Of Prey Llc

Purchase Details

Closed on
Feb 14, 2011
Sold by
Villas At Summit Reserve Llc
Bought by
Firstmerit Bank N A
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 Type Sale Price Title Company
Personal Reps Deed -- Meridian Title
Warranty Deed -- Metropolitan Title Indiana L
Warranty Deed -- Titan Title Services Llc
Quit Claim Deed -- None Available
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,050 New Conventional
Previous Owner $86,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 Sold $324,500 -1.6% $181 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $329,900 -3.0% $184 / Sq Ft
04/27/2025 04/27/25 For Sale $340,000 +61.9% $190 / Sq Ft
07/06/2015 07/06/15 Sold $210,000 -2.3% $111 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $214,900 +22.5% $114 / Sq Ft
08/29/2012 08/29/12 Sold $175,500 -5.1% $93 / Sq Ft View Prior Sale
07/26/2012 07/26/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $184,900 -- $98 / 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 $1,784 $254,900 $49,000 $205,900
2022 $1,729 $248,600 $43,000 $205,600
2021 $1,464 $209,700 $43,000 $166,700
2020 $1,433 $203,700 $43,000 $160,700
2019 $1,447 $199,800 $43,000 $156,800
2018 $1,452 $201,500 $43,000 $158,500
2017 $1,515 $197,500 $43,000 $154,500
2016 $1,473 $189,500 $43,000 $146,500
2014 $1,289 $175,600 $43,000 $132,600
2013 -- $193,400 $43,000 $150,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202514802

Indiana Regional MLS

APN: 02-11-08-176-027.000-038