NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,074,000

4 Beds
4.5 Baths
5,862 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $455,453 $78 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,123/month

154 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Thermal Windows
  • Cherry Tree Elementary School Rated A
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of July 2020

Light, bright & open describes this beautiful brick custom home in popular Foster Estates. You'll be impressed by 2-sty entry w/ extra wide staircase, main flr mster ste w/elegant bath & huge his/hers wics & main lvl den w/ bilt-ins. Hrdwds thru-out most of main flr. Natural light flows into the 2-sty great rm w/from the floor to clg wndws. GR offers 20 ft clgs & cozy frplce. Ktchn has lrg cntr isld, custom wood front refrig and sep brkfst area. Huge upper lvl bonus rm makes a great play area/craft rm. Fnishd lwr lvl is great for entertaining area w/ custom home theatre rm w/ state of the art sound system, a lrg recr area, family rm w/large wet bar & bath. With accepted offer, sellers will install granite in kitchen. New A/c & furnace.

Last Agent to Sell the Property

Keith Albrecht

RE/MAX Elite Properties License #RB14035222 Listed on: 01/23/2020

RE/MAX Elite Properties

Last Buyer's Agent

Nessim Saad

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 2003

Lot Details

  • 0.38 Acre Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Sound System
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Thermal Windows
  • Great Room with Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Basement Lookout

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • Association fees include clubhouse, insurance, maintenance, pool, management
  • Foster Estates Subdivision
  • Property managed by Foster Estates HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 291019201041000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.38
  • Subdivision Name: FOSTER ESTATES
  • Inspection Warranties: General,Not Applicable
  • Property Description: Light, bright & open describes this beautiful brick custom home in popular Foster Estates. You'll be impressed by 2-sty entry w/ extra wide staircase, main flr mster ste w/elegant bath & huge his/hers wics & main lvl den w/ bilt-ins. Hrdwds thru-out most of main flr. Natural light flows into the 2-sty great rm w/from the floor to clg wndws. GR offers 20 ft clgs & cozy frplce. Ktchn has lrg cntr isld, custom wood front refrig and sep brkfst area. Huge upper lvl bonus rm makes a great play area/craft rm. Fnishd lwr lvl is great for entertaining area w/ custom home theatre rm w/ state of the art sound system, a lrg recr area, family rm w/large wet bar & bath. With accepted offer, sellers will install granite in kitchen. New A/c & furnace.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Finished Walls, Daylight/Lookout Windows
  • Appliances: Electric Cooktop, Dishwasher, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Windows Thermal
  • Living Area: 5862
  • Other Equipment: Network Ready, Multiple Phone Lines, Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Sump Pump, Surround Sound, Theater Equipment, WetBar
  • Room Count: 14
  • Areas Interior: Foyer - 2 Story,Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3584
  • Main Level Sq Ft: 2278
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Whirlpool
  • Total Sq Ft: 5862
  • Kitchen Features: Center Island,Kitchen Eat In
  • Below Grade Sq Ft: 2278
  • Upper Level Sq Ft: 1306
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Utility Options: Cable Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Foster Estates HOA
  • Management Company Phone: 317-875-5600
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Insurance, Maintenance, Pool, Management
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291019201041000018
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Trees Small
  • Lot Number: 312
  • Lot Size: 100x150

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5840
  • Semi Annual Property Tax Amt: 2920
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools
  • Schools: Carmel High,Carmel Middle,Cherry Tree Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jul 7, 2020
Sold by
Nayar Arun K and Nayar Shobhna
Bought by
Nasef Aicel and Saad Nessim
Seller's Agent
Keith Albrecht
RE/MAX Elite Properties
Buyer's Agent
Nessim Saad
Real Broker, LLC
List Price
$524,900
Sold Price
$455,453
Premium/Discount to List
-$69,447
-13.23%
Current Estimated Value
$869,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,823
Avg. Annual Appreciation
13.24%
Original Mortgage
$360,653
Outstanding Balance
$319,803
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$549,473

Purchase Details

Closed on
Apr 27, 2005
Sold by
Cosby Janice
Bought by
Nayar Arun K and Nayar Shobhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2004
Sold by
Marvin Homes Inc
Bought by
Cosby Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Nasef Aicel -- Fidelity National Title
Nayar Arun K -- --
Cosby Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasef Aicel $360,653
Previous Owner Nayar Arun K $280,000
Previous Owner Cosby Janice $400,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $455,453 -8.9% $78 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $499,900 -3.8% $85 / Sq Ft
05/18/2020 05/18/20 Price Changed $519,900 -1.0% $89 / Sq Ft
05/04/2020 05/04/20 For Sale $524,900 +15.2% $90 / Sq Ft
04/01/2020 04/01/20 Off Market $455,453 -- --
03/23/2020 03/23/20 Price Changed $524,900 -1.9% $90 / Sq Ft
03/04/2020 03/04/20 Price Changed $534,900 -0.5% $91 / Sq Ft
02/05/2020 02/05/20 Price Changed $537,500 -1.4% $92 / Sq Ft
01/23/2020 01/23/20 For Sale $544,900 -- $93 / 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 $6,118 $549,100 $144,500 $404,600
2023 $6,143 $553,800 $144,500 $409,300
2022 $5,325 $537,200 $116,900 $420,300
2021 $5,325 $468,700 $116,900 $351,800
2020 $5,151 $519,700 $116,900 $402,800
2019 $5,894 $517,800 $114,200 $403,600
2018 $5,840 $522,500 $114,200 $408,300
2017 $5,552 $496,900 $114,200 $382,700
2016 $5,332 $485,400 $114,200 $371,200
2014 $5,021 $459,500 $106,700 $352,800
2013 $5,021 $463,400 $106,700 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21690614

MIBOR Broker Listing Cooperative®

APN: 29-10-19-201-041.000-018