NOT LISTED FOR SALE

154 N Indies Dr Marathon, FL 33050

Estimated Value: $3,396,000 - $5,317,000

4 Beds
4 Baths
4,194 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $5,525,000 $1,317 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $28,535/month

27 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Curry Hammock State Park

About This Home

As of August 2023

This unique corner positioned estate is a must see! Situated on almost and acre of land with corner waterfrontage this property offers expanded protected deep water dockage. The home sits elevated and takes advantage of sweeping views of Lake Lucille. Features include: high ceilings, a chef's kitchen with a 60'' wolf range, subzero appliances, quartz counters, huge suite w/ jacuzzi tub for two, walk-in closet, double living areas up & down, custom cabinetry throughout, authentic and custom nautical accents, 24'' shell marble floors, cut coral fireplace, aluminum standing seam roof, impact windows and doors, two car garage and tons of storage. The exterior is improved with an elevated 40' pool and spa, new stone decking and walkways, expansive concrete and composite dockage newly redone for multiple vessels up to 80', two boat lifts of 34,000 lbs & 20,000 lbs, mature landscaping, all new landscape and dock lighting, privacy fencing with gated entrance, and ample parking for guests and toys. There is much more here to see and appreciate. Call today for more information and schedule a private viewing.

Last Agent to Sell the Property

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 06/22/2023

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Jo Ann Cook

Ocean Sotheby's International License #3330898

Ocean Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,626

Year Built

  • Built in 1987

Lot Details

  • 0.91 Acre Lot
  • Lake Front
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned ISM - Improved Sub Masonry

HOA Fees

  • $24 Monthly HOA Fees

Property Views

  • Lake
  • Canal

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,194 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Sun or Florida Room
  • Storage
  • Marble Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Automatic Garage Door Opener
  • Guest Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00379270-000000

Community Details

Overview

  • Association fees include security
  • Toms Harbor Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,626

Year Built

Built in 1987

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 290.00
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Fee Includes: Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 32626.25
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Guest Parking, Auto Door Opener
  • Year Built: 1987
  • Alternate Key Number: 1462969
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 39500.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4194.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Bar, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Built-in Cabinets, Pantry, Fireplace(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Water Softener, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Marble
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: 2 laundry areas
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Lake Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Hot Tub, Privacy Wall/Fence, Lighting
  • Roof: Metal Roof
  • Waterview: Canal View, Lake View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE
  • Parcel Number: 00379270-000000
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Gresham James V and Gresham Barbara Gail
Bought by
Gresham Living Trust and Gresham
Current Estimated Value
$4,787,015

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 8, 2023
Sold by
Mclaughlin Patrick
Bought by
Gresham James V and Gresham Barbara Gail
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Jo Ann Cook
Ocean Sotheby's International
List Price
$5,399,000
Sold Price
$5,525,000
Premium/Discount to List
$126,000
2.33%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.82%

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 8, 2021
Sold by
Schutt Robert C and Schutt Anna J
Bought by
Mclaughlin Patrick
Seller's Agent
Anna Schutt
Ocean Sotheby's International
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$3,950,000
Sold Price
$3,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$1,950,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 13, 2014
Closed on
Mar 19, 2015
Sold by
Lida Linda M
Bought by
Schutt Robert C and Schutt Anna J
Seller's Agent
Anna Schutt
Ocean Sotheby's International
Buyer's Agent
Anna Schutt
Ocean Sotheby's International
List Price
$1,695,000
Sold Price
$1,400,000
Premium/Discount to List
-$295,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$260,000
Interest Rate
3.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 2013
Sold by
Lida Linda M
Bought by
Lida Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,660,000
Interest Rate
4.26%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 13, 2012
Sold by
Lida Douglas C and Lida Linda M
Bought by
Lida Douglas C

Purchase Details

Closed on
Dec 8, 2003
Sold by
Brown William L and Janet Brown E
Bought by
Lida Douglas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 2003
Sold by
Riffe Fred J and Riffe Katherine P
Bought by
Lida Douglas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 1984
Bought by
Schutt Robert C and Schutt Anna J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gresham Living Trust -- None Listed On Document
Gresham Living Trust -- None Listed On Document
Gresham James V $5,379,000 None Listed On Document
Mclaughlin Patrick $3,950,000 Florida Title Professional
Schutt Robert C $1,400,000 None Available
Lida Linda M -- Attorney
Lida Douglas C -- Attorney
Lida Douglas C -- --
Lida Douglas C $1,700,000 --
Schutt Robert C $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Patrick $1,950,000
Previous Owner Schutt Robert C $260,000
Previous Owner Lida Linda M $4,660,000
Previous Owner Lida Douglas C $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $5,525,000 +2.3% $1,317 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $5,399,000 +36.7% $1,287 / Sq Ft
07/12/2021 07/12/21 Sold $3,950,000 0.0% $951 / Sq Ft View Prior Sale
05/30/2021 05/30/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $3,950,000 +182.1% $951 / Sq Ft
03/19/2015 03/19/15 Sold $1,400,000 -17.4% $337 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $1,695,000 -- $408 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $41,164 $4,023,450 -- --
2024 $37,999 $4,516,888 $3,246,901 $1,269,987
2023 $37,999 $4,586,183 $3,246,901 $1,339,282
2022 $32,626 $3,518,364 $2,235,603 $1,282,761
2021 $14,943 $1,493,171 $0 $0
2020 $14,879 $1,472,556 $0 $0
2019 $12,775 $1,251,200 $0 $0
2018 $13,752 $1,385,008 $895,269 $489,739
2017 $13,714 $1,395,196 $0 $0
2016 $13,805 $1,366,500 $0 $0
2015 $14,365 $1,334,797 $0 $0
2014 $14,221 $1,262,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605761

APN: 00379270-000000