NOT LISTED FOR SALE

Estimated Value: $2,694,000 - $2,779,000

6 Beds
9 Baths
7,524 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $2,250,000 $299 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $17,121/month

13 Days on Market

Highlights

  • On Golf Course
  • Multiple Garages
  • Waterfront
  • Carey Ridge Elementary School Rated A
  • Gated Community
  • 0.68 Acre Lot

About This Home

As of October 2021

Shattering the standard in a community where exceptional is the norm, this French chateau commands your attention. Resting on green # 14 in the exclusive community of Bridgewater, the European styled interior offers dramatic spaces and exquisite detail throughout. Offering two owners' suites, the upper retreat is a true oasis with fireplace, private terrace, wet bar and palatial spa bath. The epicurean kitchen will wow any top chef; while the sweeping lower level offers luxury entertainment with home theatre, wet bar, family room with 2-sided fireplace, exercise room and more! Massive covered porch with wood-burning fireplace overlooks lush fairways and water views. Private yet close to all the amenities Bridgewater has to offer.

Last Agent to Sell the Property

Jay O'Neil

Circle Real Estate License #RB14050170 Listed on: 07/22/2021

Co-Listed By

Ryan O'Neil

Circle Real Estate License #RB14050169

Last Buyer's Agent

Carrie Holle

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,646

Year Built

  • Built in 2008

Lot Details

  • 0.68 Acre Lot
  • Waterfront
  • On Golf Course
  • Sprinkler System

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Multiple Garages
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • French Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Two Way Fireplace
  • Fireplace in Hearth Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 6 Fireplaces
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Basement Lookout

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block B8 / B
  • Assessor Parcel Number 291017008008000015

Community Details

Overview

  • Association fees include clubhouse, entrance private, golf, insurance, parkplayground, management, snow removal, tennis court(s)
  • Association Phone (317) 399-2444
  • Bridgewater Club Subdivision
  • Property managed by Bridgewater
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,646

Year Built

Built in 2008

Lot Details

0

HOA Fees

$438 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: French
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2021
  • Year Built: 2008
  • Building Area Total: 11571
  • Co List Office Phone: 317-660-4444
  • Garage Y N: Yes
  • Lot Size Acres: 0.68
  • Subdivision Name: Bridgewater Club
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: jay.oneil@circle-re.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Walk Out, Daylight/Lookout Windows, Sump Pump
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Electric Oven, Refrigerator, Refrigerator, Double Oven, Convection Oven, Kitchen Exhaust, Tankless Water Heater
  • Levels: Two
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 3642
  • Fireplace Features: Two Sided, Primary Bedroom, Great Room, Hearth Room
  • Fireplaces: 6
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Breakfast Bar, Bath Sinks Double Main, Elevator, Entrance Foyer, Hi-Speed Internet Availbl, Network Ready, In-Law Arrangement, Center Island, Pantry
  • Living Area: 7524
  • Other Equipment: Smoke Alarm
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 3858
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 2
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 3666
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 11571

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Tennis Community, Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered Porch
  • Pool Features: Community, Association
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Concrete, Garage Door Opener, Side Load Garage, Storage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Other

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 5255
  • Association Fee Frequency: Annually
  • Association Phone: 317-399-2444
  • Association YN: Yes
  • Management Company Name: Bridgewater
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Entrance Private, Golf, Insurance, ParkPlayground, Management, Snow Removal, Tennis Court(s)

Lot Info

  • Lot Features: Gated Community, On Golf Course, Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 29621
  • Parcel Number: 291017008008000015
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 24646
  • Tax Block: B
  • Tax Lot: B8
  • Semi Annual Property Tax Amt: 12323
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 2, 2021
Sold by
Pfefferkorn Troy G and Pfefferkorn Marian D
Bought by
Paracha Ibrar and Paracha Zauya
Seller's Agent
Jay O'Neil
Circle Real Estate
Buyer's Agent
Carrie Holle
Compass Indiana, LLC
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%
Current Estimated Value
$2,734,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,416
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,700,000
Outstanding Balance
$1,546,873
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,187,543

Purchase Details

Closed on
Apr 8, 2016
Bought by
Pfefferkorn Troy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
3.59%

Purchase Details

Closed on
Sep 20, 2007
Sold by
Wellman Derek W
Bought by
Pfefferkorn Troy G and Pfefferkorn Marian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,000
Interest Rate
7.35%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2006
Sold by
Green Bananas Llc
Bought by
Weltman Derek W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2005
Sold by
Cohen Michael Dane and Cohen Judith F
Bought by
Green Bananas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2003
Sold by
Throgmartin Henke Development Llp
Bought by
Cohen Michael Dane and Cohen Judith F
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
Paracha Ibrar $2,250,000 Near North Title Group
Pfefferkorn Troy G -- --
Pfefferkorn Troy G -- None Available
Weltman Derek W -- Lawyers Title Insurance Corp
Green Bananas Llc -- --
Cohen Michael Dane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paracha Ibrar $1,700,000
Previous Owner Pfefferkorn Troy G $229,500
Previous Owner Pfefferkorn Troy G --
Previous Owner Pfefferkorn Troy G $1,657,000
Previous Owner Weltman Derek W $323,000
Previous Owner Green Bananas Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2021 10/04/21 Sold $2,250,000 -4.3% $299 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $2,350,000 -- $312 / 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 $26,231 $2,258,300 $363,000 $1,895,300
2023 $26,256 $2,242,900 $363,000 $1,879,900
2022 $26,680 $2,224,000 $363,000 $1,861,000
2021 $24,367 $1,962,300 $363,000 $1,599,300
2020 $24,646 $1,961,400 $363,000 $1,598,400
2019 $25,111 $1,998,200 $363,000 $1,635,200
2018 $25,360 $2,016,200 $363,000 $1,653,200
2017 $22,913 $2,007,100 $363,000 $1,644,100
2016 $22,891 $2,005,200 $363,000 $1,642,200
2014 $23,225 $1,999,800 $363,000 $1,636,800
2013 $23,225 $2,134,500 $363,000 $1,771,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21800050

MIBOR Broker Listing Cooperative®

APN: 29-10-17-008-008.000-015