NOT LISTED FOR SALE

1525 Sierra Springs Indianapolis, IN 46280

Downtown Carmel Neighborhood

Estimated Value: $307,000 - $324,000

2 Beds
2 Baths
1,650 Sq Ft
5,663 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $200,000 $121 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,899/month

4 Days on Market

Highlights

  • No Units Above
  • Clubhouse
  • Traditional Architecture
  • Forest Dale Elementary School Rated A
  • Vaulted Ceiling
  • 4-minute walk to Lenape Trace Park

About This Home

As of June 2020

Enjoy carefree living along the Monon in this pristine 2 bedroom, 2 bath condo in the Retreat. Updates in this 2nd story end unit include bamboo floors, fireplace, HVAC and kitchen with stainless-steel appliances, custom tile backsplash & granite countertops. The large master bedroom includes a huge walk-in-closet & built-in shelves & cabinets. Other features include a large balcony & 2 car garage w/storage. The Retreat's beautifully landscaped grounds offer walking trails & direct access to the Monon Trail as well as neighborhood amenities such as a clubhouse w/fitness center, pool, sauna, a business center & conference room, & tennis courts. Enjoy this great location close to Nora, Carmel, Keystone at the Crossing and easy access to 465.

Last Agent to Sell the Property

Kay Mueller

F.C. Tucker Company License #RB14046978 Listed on: 04/22/2020

F.C. Tucker Company

Last Buyer's Agent

Mary Wernke

Encore Sotheby's International

Encore Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 2000

Lot Details

  • No Units Above
  • 1 Common Wall

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 291312402020000018

Community Details

Overview

  • Association fees include builder controls, clubhouse, exercise room, lawncare, ground maintenance, pool, management, tennis court(s), trash
  • Retreat Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2000
  • Garage Y N: Yes
  • Subdivision Name: RETREAT
  • Inspection Warranties: Not Applicable
  • Property Description: Enjoy carefree living along the Monon in this pristine 2 bedroom, 2 bath condo in the Retreat. Updates in this 2nd story end unit include bamboo floors, fireplace, HVAC and kitchen with stainless-steel appliances, custom tile backsplash & granite countertops. The large master bedroom includes a huge walk-in-closet & built-in shelves & cabinets. Other features include a large balcony & 2 car garage w/storage. The Retreat's beautifully landscaped grounds offer walking trails & direct access to the Monon Trail as well as neighborhood amenities such as a clubhouse w/fitness center, pool, sauna, a business center & conference room, & tennis courts. Enjoy this great location close to Nora, Carmel, Keystone at the Crossing and easy access to 465.
  • Transaction Type: Sale
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wood Work Painted
  • Living Area: 1650
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1650
  • Main Level Sq Ft: 1650
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full
  • Total Sq Ft: 1650
  • Kitchen Features: Breakfast Bar,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Driveway Asphalt, Pool Community
  • Foundation Details: Slab
  • List Price: 205000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Side Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Builder Controls, Clubhouse, Entrance Common, Exercise Room, Lawncare, Maintenance Grounds, Pool, Management, Tennis Court(s), Trash
  • Mandatory Fee: 237

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 291312402020000018
  • Acres: <1/4 Acre
  • Lot Information: Pond,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 29131240
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1486
  • Semi Annual Property Tax Amt: 743
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 29, 2020
Sold by
Welch Donnette and Welch Donette
Bought by
Casher Mark and Casher Christine
Seller's Agent
Kay Mueller
F.C. Tucker Company
Buyer's Agent
Mary Wernke
Encore Sotheby's International
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$311,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,192
Avg. Annual Appreciation
8.80%
Original Mortgage
$180,000
Outstanding Balance
$161,583
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$148,486

Purchase Details

Closed on
Apr 4, 2019
Sold by
Welch Donette
Bought by
Welch Donette and Donette Welch Revocable Living Trust

Purchase Details

Listed on
Mar 20, 2017
Closed on
Apr 28, 2017
Sold by
Blake Hillary C Stanley and Christy Pam L
Bought by
Welch Donette
Seller's Agent
Nancy Mutchmore
F.C. Tucker Company
Buyer's Agent
Steve Martin
Keller Williams Indpls Metro N
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$123,900
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Snow Barbara J
Bought by
Stanley Hillary C and Christy Pam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,362
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2001
Sold by
Gpi At Carmel Lp
Bought by
Snow Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.03%
Mortgage Type
FHA
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
Casher Mark -- Enterprise Title
Welch Donette -- None Available
Welch Donette -- Security Title Services
Stanley Hillary C -- None Available
Snow Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casher Mark $180,000
Previous Owner Welch Donette $123,900
Previous Owner Stanley Hillary C $137,362
Previous Owner Snow Barbara J $116,800
Previous Owner Snow Barbara J $30,800
Previous Owner Snow Barbara J $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $200,000 -2.4% $121 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $205,000 +14.0% $124 / Sq Ft
04/28/2017 04/28/17 Sold $179,900 0.0% $109 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/24/2017 03/24/17 Off Market $179,900 -- --
03/20/2017 03/20/17 For Sale $179,900 -- $109 / 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 $2,341 $263,500 $66,000 $197,500
2023 $2,341 $241,500 $44,000 $197,500
2022 $1,792 $215,300 $44,000 $171,300
2021 $1,792 $178,000 $44,000 $134,000
2020 $1,553 $164,900 $44,000 $120,900
2019 $1,478 $160,300 $29,600 $130,700
2018 $1,486 $161,900 $29,600 $132,300
2017 $2,075 $154,300 $29,600 $124,700
2016 $1,263 $144,500 $29,600 $114,900
2014 $1,123 $137,900 $29,600 $108,300
2013 $1,123 $142,600 $29,600 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Kay Mueller

    Seller's Agent in 2020

    Kay Mueller

    F.C. Tucker Company

    (317) 748-1614

    11 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Mary Wernke

    Encore Sotheby's International

    Section Image
  • Nancy Mutchmore

    Seller's Agent in 2017

    Nancy Mutchmore

    F.C. Tucker Company

    (317) 459-8816

    3 in this area

    130 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Steve Martin

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21694155

MIBOR Broker Listing Cooperative®

APN: 29-13-12-402-020.000-018

Indiana Hamilton County Indianapolis 46280 Downtown Carmel

1525 Sierra Springs, Indianapolis, IN

This home is located at 1525 Sierra Springs, Indianapolis, IN 46280 since 22 April 2020 and is currently estimated at $313,688, approximately $190 per square foot. This property was built in 2000. 1525 Sierra Springs is a home located in Hamilton County with nearby schools including Forest Dale Elementary School, Carmel Middle School, and Carmel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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