NOT LISTED FOR SALE

1597 Lacebark Dr Greenwood, IN 46143

Estimated Value: $202,000 - $210,673

4 Beds
2 Baths
1,506 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $425,000 $282 Per Sq Ft

Current estimated payment $1,235/month

38 Days on Market

Highlights

  • In Ground Pool
  • Sugar Grove Elementary School Rated A
  • Clubhouse

About This Home

As of May 2017

FIVE condominium units in Pinehurst built by Greg Allen. Units are sold as a package and all include kitchen appliances. All units are currently leased and tenants rights apply. These units are very similar. Clubhouse with workout facility, entertainment space, kitchen and in-ground pool. Great location, less than 0.5 miles from State Rd 135, near lots of great amenities! Offered at less than $100K per unit!!

Last Agent to Sell the Property

Sean Christie

Ebeyer Realty, LLC License #RB14024277 Listed on: 03/14/2017

Co-Listed By

Geraldine Christie

Berkshire Hathaway Home

Last Buyer's Agent

Sean Christie

Ebeyer Realty, LLC License #RB14024277 Listed on: 03/14/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,750

Year Built

  • Built in 2007

Lot Details

  • 1,350

Parking

  • 5 Car Garage
  • Driveway

Additional Features

  • In Ground Pool
  • 1,350 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, insurance, all utilities
  • The owner pays for ho fee, insurance, taxes
  • Assessor Parcel Number 410401024001005041

Community Details

Recreation

  • Community Pool

Additional Features

  • Pinehurst Subdivision
  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,750

Year Built

Built in 2007

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: ApartBldg, Apart Complex
  • Builder Name: Greg Allen
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2007
  • Co List Office Phone: 317-881-7900
  • Lot Size Acres: 0.031
  • Road Surface Type: Asphalt
  • Subdivision Name: PINEHURST
  • Inspection Warranties: Not Applicable
  • Property Description: FIVE condominium units in Pinehurst built by Greg Allen. Units are sold as a package and all include kitchen appliances. All units are currently leased and tenants rights apply. These units are very similar. Clubhouse with workout facility, entertainment space, kitchen and in-ground pool. Great location, less than 0.5 miles from State Rd 135, near lots of great amenities! Offered at less than $100K per unit!!
  • Transaction Type: Sale
  • Unit Count: 5
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Owner Pays: HO Association Fee, Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 6342
  • Laundry: ConnAll

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Driveway Asphalt, In Ground Pool, Pool Community
  • List Price: 450000

Garage/Parking

  • Garage Spaces: 5
  • Unit Parking: 1 Car Garage,Paved Area
  • Auto Surface: Ashphalt

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 14770
  • Insurance Expenses: 1245

Lot Info

  • Current Use: Residential
  • Parcel Number: 410401024001005041
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Information: Access Street,Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 1340 (5 units combined)

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance, All Utilities

Multi Family

  • Net Operating Income: 35725
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 8750
  • Semi Annual Property Tax Amt: 4375
  • Tax Exemption: None

MLS Schools

  • School District: Center Grove Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2016
Sold by
Oberle James S
Bought by
Price Amy
Current Estimated Value
$207,668

Purchase Details

Closed on
Dec 19, 2014
Sold by
Greenwood Ventures Llc
Bought by
Oberle James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2014
Sold by
M & I Regional Properties Llc
Bought by
Greenwood Ventures Llc

Purchase Details

Closed on
Dec 21, 2011
Sold by
Pinehurst Llc
Bought by
M & I Regional Properties Llc
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
Price Amy -- Chicago Title Company
Oberle James S -- Security Title Services
Greenwood Ventures Llc -- None Available
M & I Regional Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Amy $106,000
Closed Price Amy $77,000
Previous Owner Oberle James S $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $425,000 -5.6% $282 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/17/2017 04/17/17 Price Changed $450,000 -6.3% $299 / Sq Ft
03/14/2017 03/14/17 For Sale $480,000 -- $319 / 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
2025 $1,340 $181,900 $15,000 $166,900
2024 $1,340 $138,500 $15,000 $123,500
2023 $1,250 $135,500 $15,000 $120,500
2022 $1,257 $132,000 $10,000 $122,000
2021 $938 $113,400 $10,000 $103,400
2020 $847 $110,400 $10,000 $100,400
2019 $719 $102,100 $10,000 $92,100
2018 $605 $99,700 $10,000 $89,700
2017 $516 $87,500 $35,000 $52,500
2016 $1,750 $87,500 $35,000 $52,500
2014 $2,990 $149,500 $35,000 $114,500
2013 $2,990 $150,700 $35,000 $115,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21471354

MIBOR Broker Listing Cooperative®

APN: 41-04-01-024-001.027-041