NOT LISTED FOR SALE

Estimated Value: $268,000 - $279,000

0.38 Acre
$719,737 Price per Acre
16,553 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $235,000

Est. 16% increase in value since last sale

Current estimated payment $1,795/month

9 Days on Market

About This Lot

As of August 2023

GREAT NEW PRICE!! Amazing potential with this walkout lot that backs up to treeline! Intimate, serene, both are words that describe Cherry Tree Grove, a custom home community in Carmel located in the 10/10 ranked Carmel Clay School District. Cherry Tree Grove lets you relax and enjoy a quiet lifestyle. Custom home community in Carmel that is just minutes from shopping, dining and entertainment. Bring your own custom builder and build your dream home today..

Last Agent to Sell the Property

Rick Daves

BluPrint Real Estate Group License #RB14043633 Listed on: 07/01/2023

BluPrint Real Estate Group

Last Buyer's Agent

Amber Russell

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,156

Lot Details

  • 0.38 Acre Lot

HOA Fees

  • $57 Monthly HOA Fees

Community Details

  • Association Phone (317) 843-2226
  • Cherry Tree Grove Subdivision
  • Property managed by Centerpoint

Listing and Financial Details

  • Legal Lot and Block 7 / 22
  • Assessor Parcel Number 291022029007000018

Property Details

Property Type

Land

Est. Annual Taxes

$3,156

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2022
  • Lot Size Acres: 0.38
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Cherry Tree Grove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: rick@bluprintrealestategroup.com
  • Special Features: None

Exterior Features

  • List Price: 250000
  • Other Structures: No Building
  • Topography: Cleared
  • Road Access: Not Applic
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 678
  • Association Fee Frequency: Annually
  • Association Phone: 317-843-2226
  • Association YN: Yes
  • Management Company Name: Centerpoint

Lot Info

  • Additional Parcels: No
  • Development Status: Finished Lot(s), Surveyed
  • Lot Size Sq Ft: 100
  • Parcel Number: 291022029007000018
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Platted Subdivision,Mature Trees,Wooded
  • Present Zoning: Single Family
  • Price Acre: 618421.052631579
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 3156
  • Tax Block: 22
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 1578
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 11, 2023
Sold by
Pasha Junaid and Pasha Asra
Bought by
Neradi Raghavender S and Palle Kavitha
Seller's Agent
Rick Daves
BluPrint Real Estate Group
Buyer's Agent
Amber Russell
Keller Williams Indy Metro NE
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Views
44
Current Estimated Value
$273,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,500
Avg. Annual Appreciation
7.14%
Original Mortgage
$150,000
Outstanding Balance
$136,501
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$136,999

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jan 11, 2022
Sold by
Dawood Nader S
Bought by
Pasha Junaid and Syed Asra
Seller's Agent
Maher batarseh
F.C. Tucker Company
Buyer's Agent
Kelly Todd
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$185,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jan 7, 2022
Sold by
Dawood Nader S
Bought by
Pasha Junaid and Syed Asra
Seller's Agent
Maher batarseh
F.C. Tucker Company
Buyer's Agent
Kelly Todd
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jun 20, 2016
Sold by
Chesny John
Bought by
Dawood Nader S and Bekhit Maryam A
Seller's Agent
Mike Deck
Berkshire Hathaway Home
Buyer's Agent
Arlene Janicki-Raby
Keller Williams Indpls Metro N
List Price
$175,000
Sold Price
$120,750
Premium/Discount to List
-$54,250
-31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Cherry Tree Grove Development Llc
Bought by
First Federal Savings Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Neradi Raghavender S -- None Listed On Document
Pasha Junaid -- Hall Render Killian Heath & Ly
Pasha Junaid $235,000 Hall Render Killian Heath & Ly
Dawood Nader S -- Title Links Llc
First Federal Savings Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neradi Raghavender S $150,000
Previous Owner Pasha Junaid $185,000
Previous Owner Pasha Junaid $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $235,000 -6.0% --
07/11/2023 07/11/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $250,000 +6.4% --
01/07/2022 01/07/22 Sold $235,000 0.0% -- View Prior Sale
11/29/2021 11/29/21 Pending -- -- --
10/14/2021 10/14/21 For Sale -- -- --
10/06/2021 10/06/21 Off Market $235,000 -- --
04/07/2021 04/07/21 For Sale $274,900 +127.7% --
06/20/2016 06/20/16 Sold $120,750 -8.2% -- View Prior Sale
05/23/2016 05/23/16 Pending -- -- --
05/16/2016 05/16/16 Price Changed $131,500 -6.0% --
04/19/2016 04/19/16 Price Changed $139,900 -3.5% --
03/17/2016 03/17/16 Price Changed $144,900 -3.4% --
02/12/2016 02/12/16 Price Changed $150,000 -14.3% --
01/28/2016 01/28/16 For Sale $175,000 -- --
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 $3,631 $180,100 $180,100 --
2023 $3,631 $180,100 $180,100 $0
2022 $3,161 $152,300 $152,300 $0
2021 $3,176 $152,300 $152,300 $0
2020 $3,177 $152,300 $152,300 $0
2019 $2,858 $138,100 $138,100 $0
2018 $2,831 $138,100 $138,100 $0
2017 $2,822 $138,100 $138,100 $0
2016 $2,849 $138,100 $138,100 $0
2014 $1,922 $98,200 $98,200 $0
2013 $1,922 $156,100 $156,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21929712

MIBOR Broker Listing Cooperative®

APN: 29-10-22-029-007.000-018