NOT LISTED FOR SALE

1563 Orchestra Way Indianapolis, IN 46231

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $275,000 - $298,000

3 Beds
2.5 Baths
2,112 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $136,500 $65 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,791/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Garage
  • Ben Davis University High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Take a look at this fantastic 3 bedroom 2.5 bath home with relaxing water view in the Salem Creek subdivision! Features include open floor plan, fireplace, fenced backyard, gorgeous wide plank hardwoods in the great room, marble tile in the foyer & ceramic tile in the kitchen. Great Bonus Rm/ Loft area upstairs. Spacious master bedroom with large walk-in closet & vaulted ceiling. Master bath area with garden tub, separate shower stall & double sink vanity. Neighborhood has community pool too!

Last Agent to Sell the Property

Mike Perron

Real Broker, LLC License #RB14041823 Listed on: 03/13/2014

Last Buyer's Agent

Wen Chen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 2002

Lot Details

  • 6,534

Parking

  • Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Covered Patio or Porch
  • 6,534 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance pool snow removal
  • Salem Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491216109014000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer,Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2002
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: SALEM CREEK
  • Inspection Warranties: Not Applicable
  • Property Description: Take a look at this fantastic 3 bedroom 2.5 bath home with relaxing water view in the Salem Creek subdivision! Features include open floor plan, fireplace, fenced backyard, gorgeous wide plank hardwoods in the great room, marble tile in the foyer & ceramic tile in the kitchen. Great Bonus Rm/ Loft area upstairs. Spacious master bedroom with large walk-in closet & vaulted ceiling. Master bath area with garden tub, separate shower stall & double sink vanity. Neighborhood has community pool too!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Ceiling Vaulted,Walk-in Closet(s),WoodWorkStain/Painted
  • Living Area: 2112
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Small,Living Room - 2 Story
  • Eating Area: Breakfast Bar,Eat In Kitchen,Kitchen Some Updates,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2112
  • Main Level Sq Ft: 846
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: TubFull with Shower,Tub Garden,Closet Walk in
  • Total Sq Ft: 2112
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1266
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear,Pool Community
  • Foundation Details: Slab
  • List Price: 141000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

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

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: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance,Pool,Snow Removal
  • Mandatory Fee: 315

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216109014000900
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature,Water View
  • Lot Number: 2
  • Lot Size: 0.15 AC

Tax Info

  • Tax Annual Amount: 1228
  • Semi Annual Property Tax Amt: 614
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
May 2, 2014
Sold by
Battioui Chakib
Bought by
Ferullo Anthony C
Seller's Agent
Mike Perron
Real Broker, LLC
Buyer's Agent
Wen Chen
List Price
$141,000
Sold Price
$136,500
Premium/Discount to List
-$4,500
-3.19%
Current Estimated Value
$281,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,998
Avg. Annual Appreciation
6.60%
Original Mortgage
$122,850
Outstanding Balance
$95,245
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$185,669

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 27, 2009
Sold by
Kadel William D
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 4, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Battioui Chakib
Source: Public Records

Range of Values:

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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
Ferullo Anthony C $136,500 First American Title Insuran
Ferullo Anthony C -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Countrywide Home Loans Inc $179,630 None Available
Battioui Chakib -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferullo Anthony C $122,850
Previous Owner Kadel William D $6,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $136,500 -3.2% $65 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $141,000 -- $67 / 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 $2,986 $267,400 $17,600 $249,800
2023 $2,986 $249,400 $17,600 $231,800
2022 $2,955 $237,800 $17,600 $220,200
2021 $2,440 $177,200 $17,600 $159,600
2020 $2,214 $161,700 $17,600 $144,100
2019 $2,074 $152,200 $17,600 $134,600
2018 $1,739 $144,900 $17,600 $127,300
2017 $1,646 $137,400 $17,600 $119,800
2016 $1,582 $132,300 $17,600 $114,700
2014 $1,260 $126,000 $17,600 $108,400
2013 $1,229 $123,300 $17,600 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Mike Perron

    Seller's Agent in 2014

    Mike Perron

    Real Broker, LLC

    (317) 294-4295

    44 Total Sales

    Section Image

  • W

    Buyer's Agent in 2014

    Wen Chen

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21278862

MIBOR Broker Listing Cooperative®

APN: 49-12-16-109-014.000-900

Indiana Marion County Indianapolis 46231 Chapel Hill-Ben Davis

1563 Orchestra Way, Indianapolis, IN

This home is located at 1563 Orchestra Way, Indianapolis, IN 46231 since 13 March 2014 and is currently estimated at $286,349, approximately $135 per square foot. This property was built in 2002. 1563 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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