NOT LISTED FOR SALE

Estimated Value: $480,000 - $498,000

3 Beds
4 Baths
2,073 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $410,000 $198 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,226/month

36 Days on Market

Highlights

  • Breakfast Room
  • Balcony
  • Tray Ceiling
  • Carmel Elementary School Rated A
  • 2 Car Attached Garage
  • Woodwork

About This Home

As of March 2023

Monon Crossing is a low-maintenance, townhome community in Carmel with direct access to the Monon Trail! Residents are close to Carmel’s Central Park, shopping, dining and outdoor activities. Nearby access to US-31 provides a quick commute to downtown Indy. The 3-story Madison Townhome features a finished lower level. The main floor has an open-concept kitchen, breakfast nook & great room, with a balcony offering additional living space outdoors. The flex room is perfect for hobbies, study, work or fitness. The 3rd floor features a luxurious owner’s suite and 2 bedrooms. *Photos/Tour of model may show features not selected in home.

Last Agent to Sell the Property

Erin Hundley

Compass Indiana, LLC License #RB15000126 Listed on: 11/25/2022

Compass Indiana, LLC

Last Buyer's Agent

Manzil Kohli

Vylla Home

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 2022

Lot Details

  • 1,626

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 3-Story Property
  • Woodwork
  • Tray Ceiling
  • Vinyl Clad Windows
  • Window Screens
  • Breakfast Room
  • Attic Access Panel
  • Smart Locks
  • Laundry on upper level

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Carmel Elementary School
  • Carmel Middle School

Utilities

  • Heating System Uses Gas
  • Programmable Thermostat
  • Electric Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Balcony
  • 1,626 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 704
  • Assessor Parcel Number 13821TENDERDR

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance, management
  • Association Phone (765) 418-0577
  • Monon Crossing Subdivision
  • Property managed by Main Street Management, LLC
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,403

Year Built

Built in 2022

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: Multi-Level
  • Builder Name: LENNAR
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2021
  • Year Built: 2022
  • Building Area Total: 2073
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.04
  • Subdivision Name: Monon Crossing
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Unit Entry Level: 1
  • MBR_AttributionContact: erin.hundley@compass.com
  • Special Features: 4098

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator, MicroHood, Electric Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Tray Ceiling(s), Walk-in Closet(s), Screens Complete, Windows Vinyl, Wood Work Painted, Center Island, Pantry, Programmable Thermostat
  • Living Area: 2073
  • Other Equipment: Smoke Alarm
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1221
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 852
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Balcony, Smart Lock(s)
  • Foundation Details: Slab
  • Construction Stage: Trim Stage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Garage Parking Other: Keyless Entry

Utilities

  • Cooling: Central Electric
  • Heating: High Efficiency (90%+ AFUE ), Gas
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Phone: 765-418-0577
  • Association YN: Yes
  • Management Company Name: Main Street Management, LLC
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance Grounds, Maintenance, Management

Schools

  • Middle Or Junior School: Carmel Middle School

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 1626
  • Parcel Number: 13821TENDERDR
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable,Thermostat - WiFi,CO2 Dectectors WiFi

Tax Info

  • Tax Lot: 704
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • Elementary School: Carmel Elementary School

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Mar 14, 2023
Sold by
Lennar Homes Of Indiana Llc
Bought by
Batan Parveen and Thaore Dipti Nareshji
Seller's Agent
Erin Hundley
Compass Indiana, LLC
Buyer's Agent
Manzil Kohli
Vylla Home
List Price
$459,995
Sold Price
$410,000
Premium/Discount to List
-$49,995
-10.87%
Views
33
Current Estimated Value
$488,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,849
Avg. Annual Appreciation
6.84%
Original Mortgage
$300,000
Outstanding Balance
$289,559
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$199,290
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
Batan Parveen $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batan Parveen $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $410,000 -6.8% $198 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/21/2022 12/21/22 Price Changed $439,995 -2.2% $212 / Sq Ft
12/13/2022 12/13/22 Price Changed $449,995 -2.2% $217 / Sq Ft
11/25/2022 11/25/22 For Sale $459,995 -- $222 / 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 $6,403 $401,100 $60,000 $341,100
2023 $6,403 $317,600 $60,000 $257,600
2022 $1,238 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21894677

MIBOR Broker Listing Cooperative®

APN: 29-09-24-413-037.000-018