NOT LISTED FOR SALE

1566 Orchestra Way Indianapolis, IN 46231

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $335,000 - $368,000

5 Beds
2.5 Baths
3,217 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $190,000 $59 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,161/month

13 Days on Market

Highlights

  • Woodwork
  • Forced Air Heating and Cooling System
  • Garage
  • Ben Davis University High School Rated A

About This Home

As of July 2018

Beautifully remodeled 5 bedroom home with over 3200 square feet in Salem Creek! Spacious kitchen with center island, beautiful laminate floor, pantry and all appliances stay! Lots of room to entertain with formal living room, family room, and loft! Huge master suite with walk-in closet, double sinks, garden tub and separate shower! Large bedrooms with walk-in closets. 5th bedroom is on the main level and could be used as an office! Privacy fenced yard too! You don't want to miss this one!

Last Agent to Sell the Property

Jamie Suchotzky

Red Hot, REALTORS LLC License #RB14045974 Listed on: 05/31/2018

Co-Listed By

Alison Fernandez

The Stewart Home Group License #RB15001609

Last Buyer's Agent

Brandon Mosley

Mosley Real Estate Agency, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 2003

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Salem Creek Subdivision
  • Property managed by Association Management

Listing and Financial Details

  • Assessor Parcel Number 491216109005000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,686

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2003
  • Co List Office Phone: 317-882-5900
  • Garage Y N: Yes
  • Lot Size Acres: 0.152
  • Subdivision Name: SALEM CREEK
  • Inspection Warranties: Not Applicable
  • Property Description: Beautifully remodeled 5 bedroom home with over 3200 square feet in Salem Creek! Spacious kitchen with center island, beautiful laminate floor, pantry and all appliances stay! Lots of room to entertain with formal living room, family room, and loft! Huge master suite with walk-in closet, double sinks, garden tub and separate shower! Large bedrooms with walk-in closets. 5th bedroom is on the main level and could be used as an office! Privacy fenced yard too! You don't want to miss this one!
  • Transaction Type: Sale
  • Website: www.RedHotRealtors.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Wood Work Painted
  • Living Area: 3217
  • Other Equipment: Not Applicable
  • Room Count: 10
  • Areas Interior: Foyer Small
  • Eating Area: Dining Combo/Living Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3217
  • Main Level Sq Ft: 1369
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3217
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1848
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 190000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Association Management
  • Management Company Phone: 317-915-0400

Fee Information

  • Mandatory Fee: 350

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216109005000900
  • Acres: <1/4 Acre
  • Lot Number: 223
  • Lot Size: 6621

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3686
  • Semi Annual Property Tax Amt: 1843
  • Tax Exemption: None

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 6, 2018
Sold by
2X4 Contractors Llc
Bought by
Holmes Candace D and Smith Andre
Seller's Agent
Jamie Suchotzky
Red Hot, REALTORS LLC
Buyer's Agent
Brandon Mosley
Mosley Real Estate Agency, LLC
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$346,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,698
Avg. Annual Appreciation
8.66%
Original Mortgage
$186,558
Outstanding Balance
$161,210
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$185,488

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 13, 2017
Seller's Agent
Dennis Nottingham
RE/MAX Advanced Realty
Buyer's Agent
Jamie Suchotzky
Red Hot, REALTORS LLC
List Price
$112,900
Sold Price
$140,000
Premium/Discount to List
$27,100
24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.74%
Original Mortgage
$102,515
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2017
Sold by
Jp Morgan Chase Bank
Bought by
Va

Purchase Details

Closed on
Feb 17, 2017
Sold by
Layton John R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holmes Candace D $190,000 Title Alliance Of Indy Metro
-- $140,000 --
2 X 4 Contractors Llc $140,000 Title Alliance Of Indy Metro L
2X4 Contractors Llc $140,000 Title Alliance Of Indy Metro L
Va -- --
-- $130,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Candace D $186,558
Previous Owner 2X4 Contractors Llc $102,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2018 07/16/18 Sold $190,000 0.0% $59 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $190,000 +35.7% $59 / Sq Ft
11/15/2017 11/15/17 Sold $140,000 +24.0% $44 / Sq Ft View Prior Sale
10/20/2017 10/20/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $112,900 -- $35 / 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 $3,791 $327,900 $17,600 $310,300
2023 $3,791 $312,900 $17,600 $295,300
2022 $3,736 $298,100 $17,600 $280,500
2021 $3,068 $219,400 $17,600 $201,800
2020 $2,781 $199,800 $17,600 $182,200
2019 $2,595 $185,800 $17,600 $168,200
2018 $2,160 $176,600 $17,600 $159,000
2017 $3,928 $167,400 $17,600 $149,800
2016 $4,148 $161,000 $17,600 $143,400
2014 $3,066 $153,300 $17,600 $135,700
2013 $3,000 $150,000 $17,600 $132,400
Source: Public Records

Agents Affiliated with this Home

  • Jamie Suchotzky

    Seller's Agent in 2018

    Jamie Suchotzky

    Red Hot, REALTORS LLC

    (317) 527-4663

    1 in this area

    310 Total Sales

    Jamie Suchotzky
    Section Image
  • Alison Fernandez

    Seller Co-Listing Agent in 2018

    Alison Fernandez

    The Stewart Home Group

    (317) 750-6184

    105 Total Sales

    Alison Fernandez
    Section Image

  • B

    Buyer's Agent in 2018

    Brandon Mosley

    Mosley Real Estate Agency, LLC

    Section Image
  • Dennis Nottingham

    Seller's Agent in 2017

    Dennis Nottingham

    RE/MAX Advanced Realty

    (317) 298-0961

    10 in this area

    149 Total Sales

    Dennis Nottingham
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Stewart Duhamell

    RE/MAX Advanced Realty

    9 in this area

    178 Total Sales

    Stewart Duhamell
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21570857

MIBOR Broker Listing Cooperative®

APN: 49-12-16-109-005.000-900

Indiana Marion County Indianapolis 46231 Chapel Hill-Ben Davis

1566 Orchestra Way, Indianapolis, IN

This home is located at 1566 Orchestra Way, Indianapolis, IN 46231 since 31 May 2018 and is currently estimated at $346,698, approximately $107 per square foot. This property was built in 2003. 1566 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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