NOT LISTED FOR SALE

1548 Orchestra Way Indianapolis, IN 46231

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $268,000 - $299,000

3 Beds
2.5 Baths
2,044 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 14, 2015

Last sale price $130,600 $64 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,964/month

Highlights

  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • Garage
  • Ben Davis University High School Rated A

About This Home

As of October 2015

*FREE RENT* Move in by 9/25 get half October Free. Lease terms may vary. New interior paint upstairs and down, exterior trim freshly painted, carpets cleaned and ready for you! Move in, set up furniture, start living in this three Bedroom, two and a half Bath two story with fully fenced backyard. This low maintenance home boasts a large entry, huge Great Room, eat-in Kitchen, upstairs Loft/Rec Room, Master Suite with walk-in closet and Jacuzzi tub. An oversized two car garage

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 07/29/2015

Last Renter's Agent

Lynette McIntosh

Nu Beginnings Home Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 2002

Lot Details

  • 3,485

Parking

  • Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • 3,485 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Salem Creek Subdivision

Listing and Financial Details

  • Security Deposit $1,325
  • Tenant pays for all utilities
  • The owner pays for insurance
  • Assessor Parcel Number 491216109026000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,438

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Price: 1325.00
  • Min Lease Req: 12
  • Pet Deposit: 300
  • Security Deposit: 1325
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential Lease
  • New Construction: No
  • Year Built: 2002
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: SALEM CREEK
  • Inspection Warranties: General
  • Property Description: *FREE RENT* Move in by 9/25 get half October Free. Lease terms may vary. New interior paint upstairs and down, exterior trim freshly painted, carpets cleaned and ready for you! Move in, set up furniture, start living in this three Bedroom, two and a half Bath two story with fully fenced backyard. This low maintenance home boasts a large entry, huge Great Room, eat-in Kitchen, upstairs Loft/Rec Room, Master Suite with walk-in closet and Jacuzzi tub. An oversized two car garage
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop,Dishwasher,Disposal,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s)
  • Living Area: 2044
  • Other Equipment: Smoke Detector
  • Owner Pays: Insurance
  • Room Count: 8
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2044
  • Main Level Sq Ft: 812
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 2044
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1232
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 1325
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216109026000900
  • Acres: <1/4 Acre
  • Lot Number: 80
  • Lot Size: .08

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Nov 3, 2015
Sold by
Freo Indiana Llc
Bought by
Progress Residential 2015-3 Barrower Llc
Seller's Agent
Mark Jones
PMI Midwest
Buyer's Agent
Lynette McIntosh
Nu Beginnings Home Solutions
Sold Price
$1,325
Current Estimated Value
$275,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,515
Original Mortgage
$449,713
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 14, 2015
Sold by
Kelso Dale A and Kelso Mary P
Bought by
Freo Indiana Llc
Seller's Agent
Janet Stitt
Carpenter, REALTORS®
Buyer's Agent
Karen Tanner
Karen Tanner Real Estate Group
List Price
$139,900
Sold Price
$130,600
Premium/Discount to List
-$9,300
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Listed on
Apr 13, 2015
Closed on
Apr 29, 2015
Sold by
Kelso Timothy A and Kelso Sara L
Bought by
Kelso Dale A and Kelso Mary P
Seller's Agent
Janet Stitt
Carpenter, REALTORS®
Buyer's Agent
Karen Tanner
Karen Tanner Real Estate Group
List Price
$139,900
Sold Price
$130,600
Premium/Discount to List
-$9,300
-6.65%

Purchase Details

Closed on
Jan 26, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
Kelso Dale A and Kelso Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Bank Of New York
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 30, 2007
Sold by
Merritt H Thomas H and Merritt Dawn R
Bought by
Bank Of New York
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
Progress Residential 2015-3 Barrower Llc -- None Available
Freo Indiana Llc -- First American Title Ins Co
Kelso Dale A -- First American Title Ins Co
Kelso Dale A -- Village Title Inc
Secretary Of Hud -- None Available
Bank Of New York $193,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower $710,294,000
Closed Progress Residential 2015-3 Barrower Llc $449,713
Previous Owner Kelso Dale A $76,000
Previous Owner Merritt Thomas H $8,809
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Rented -- -- --
09/30/2015 09/30/15 Under Contract -- -- --
07/29/2015 07/29/15 For Rent $1,325 0.0% --
05/14/2015 05/14/15 Sold $130,600 -6.6% $64 / Sq Ft
04/13/2015 04/13/15 For Sale $139,900 -- $68 / 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 $5,438 $244,100 $16,800 $227,300
2023 $5,438 $227,700 $16,800 $210,900
2022 $5,310 $217,100 $16,800 $200,300
2021 $4,464 $162,200 $16,800 $145,400
2020 $4,081 $148,100 $16,800 $131,300
2019 $3,844 $139,400 $16,800 $122,600
2018 $3,200 $132,800 $16,800 $116,000
2017 $3,029 $125,600 $16,800 $108,800
2016 $2,919 $121,000 $16,800 $104,200
2014 $1,151 $115,100 $16,800 $98,300
2013 -- $112,700 $16,800 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Jones

    Landlord's Agent in 2015

    Mark Jones

    PMI Midwest

    (463) 207-9326

    1 in this area

    136 Total Sales

    Section Image
  • Janet Stitt

    Seller's Agent in 2015

    Janet Stitt

    Carpenter, REALTORS®

    (317) 697-6916

    4 in this area

    38 Total Sales

    Section Image

  • L

    Tenant's Agent in 2015

    Lynette McIntosh

    Nu Beginnings Home Solutions

    Section Image

  • K

    Buyer's Agent in 2015

    Karen Tanner

    Karen Tanner Real Estate Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21367845

MIBOR Broker Listing Cooperative®

APN: 49-12-16-109-026.000-900

Indiana Marion County Indianapolis 46231 Chapel Hill-Ben Davis

1548 Orchestra Way, Indianapolis, IN

This home is located at 1548 Orchestra Way, Indianapolis, IN 46231 since 29 July 2015 and is currently priced at $275,918. This property was built in 2002. 1548 Orchestra Way is a home located in Marion County with nearby schools including Bridgeport Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University 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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