NOT LISTED FOR SALE

1505 Butternut Ln Indianapolis, IN 46234

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $218,000 - $256,351

4 Beds
3 Baths
1,750 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $110,000 $63 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,482/month

30 Days on Market

About This Home

As of July 2012

Immaculate, well maintained two story house with 4 bedrooms and 2.5 baths. Spacious floor plan. Family friendly. Breakfast bar and island in kitchen. Family room with built-in bookcases overlooks patio and pool. Large master bedroom. New tile in upstairs. Neutral Paint. Relax around your large in ground pool. Fully fenced in backyard with mature trees. Close to schools. Move-in ready. Home warranty included. You can call it home!

Last Agent to Sell the Property

Phil Hotle

RE/MAX At The Crossing License #RB14041637 Listed on: 05/01/2012

RE/MAX At The Crossing

Last Buyer's Agent

Kathleen Tearman

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • 1981

Lot Details

  • 9,453

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 2
  • Architectural Style: Two Story
  • Directions: I-465 West to 10th St. Go west on 10th St. past Country Club Rd to Woodpointe. Turn right/north to Crestpointe turn right to Butternut. Turn Left and follow to home on right.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: WOODPOINTE
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Appliances: Electric Cooktop, Gas Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Gas Oven, Refrigerator, Washer
  • Fireplace Features: Blower Fan, Family Room, Woodburning Fireplce
  • Areas Interior: Living Room Formal,Laundry Closet
  • Eating Area: Breakfast Bar,Center Island,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1750
  • Main Level Sq Ft: 776
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Suite,Closet Walk in
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 974
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Walk-in Closet(s), Wood Work Painted
  • Other Equipment: Smoke Detector, Sump Pump

Exterior Features

  • Exterior Features: Driveway Concrete, Fence Complete, Indoor Pool, Storage
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio
  • Construction Type: Aluminum Siding, Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Storage Area

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Cul-De-Sac,Sidewalks,Storm Sewer,Tree Mature
  • Lot Number: 238
  • Lot Size: 70x135

Tax Info

  • Semi Annual Property Tax Amt: 541
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 1082
  • Tax Year: 2012

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Jul 2, 2012
Sold by
Strange Benjamin D and Strange Michelle D
Bought by
Carnes Ii Raymond Paul
Seller's Agent
Phil Hotle
RE/MAX At The Crossing
Buyer's Agent
Kathleen Tearman
F.C. Tucker Company
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$241,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,088
Avg. Annual Appreciation
5.99%
Original Mortgage
$108,007
Outstanding Balance
$74,837
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$166,251
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carnes Ii Raymond Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carnes Ii Raymond Paul $108,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $110,000 0.0% $63 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $110,000 -- $63 / 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 $2,580 $191,000 $15,700 $175,300
2023 $2,580 $191,000 $15,700 $175,300
2022 $2,536 $185,800 $15,700 $170,100
2021 $2,265 $148,800 $15,700 $133,100
2020 $1,849 $123,300 $15,700 $107,600
2019 $1,860 $123,700 $15,700 $108,000
2018 $1,592 $115,500 $15,700 $99,800
2017 $1,473 $107,700 $15,700 $92,000
2016 $1,409 $103,500 $15,700 $87,800
2014 $1,049 $91,900 $15,700 $76,200
2013 $1,018 $89,200 $15,700 $73,500
Source: Public Records

Agents Affiliated with this Home

  • Phil Hotle

    Seller's Agent in 2012

    Phil Hotle

    RE/MAX At The Crossing

    (317) 919-8504

    1 in this area

    36 Total Sales

    Phil Hotle
    Section Image

  • K

    Buyer's Agent in 2012

    Kathleen Tearman

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21174327

MIBOR Broker Listing Cooperative®

APN: 49-05-33-112-018.000-900

Indiana Marion County Indianapolis 46234 Chapel Hill-Ben Davis

1505 Butternut Ln, Indianapolis, IN

Not Listed for Sale

Detached

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