$1,225,000
SOLD MAR 16, 2022

16 Indian Way Malvern, PA 19355

5 Beds
7 Baths
5,253 Sq Ft
2 Acres

Recently Sold

$233 Per Sq Ft

18% Below List Price

218 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • 1 Fireplace
  • Sugartown Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of March 2022

Stunning Howard Okie home on 2 private acres in Malvern at the end of a cul-de-sac. Luscious, mature landscaping, pool, and koi pond. This home is an absolute retreat! Marble floored foyer with pillars. A library with Brazilian Cherry built-ins & a wet bar. Dinning room with doors out to an oversized porch. Eat-in chef's kitchen with granite countertops, 6 burner gas cooktop, double ovens, 2 prep islands, dual sinks, built-in refrigerator, dishwasher, and a microwave. Media room with fire place & an enormous sunroom surrounded by windows & skylights. Both rooms have multiple sets of doors out to porches, patios & a bridge over the koi pond to pool. There is a powder room & side entrance to the covered breezeway leading to the garages & separate guest quarters residence. Upstairs you have the Owner's suite with 3 walk-in closets, full bath with soaking tub, FP, & walk-in double sized glass shower. 3 bedrooms, laundry, & 2 baths complete the upper level. Attached Guest Quarters features bedroom, bath, living & dining area, kitchen & loft area. The walk-out lower level has workbench & storage areas. Secluded rear yard overwhelms your guests with the sounds of waterfalls, walking paths & specimen plantings including Red Cut Leaf Maples & Weeping Hemlocks. Property is completely fenced. There's an outdoor grill on the patio w/ granite countertops & refrigerator. The home's exterior is virtually maintenance free with Lamarite slate roof with 50 yr warranty, cultured stone siding, aluminum trim & dormers, & Trex like decking & balusters. Located near Applebrook & East Goshen Park & just minutes to all major routes and transportation.

Last Agent to Sell the Property

Jack Aezen

Compass RE License #RS226201L Listed on: 06/07/2021

Compass RE

Last Buyer's Agent

Paul Cheng

Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,277

Year Built

  • Built in 1979

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Property is zoned R10 RES

Parking

  • 3 Car Attached Garage
  • 5 Driveway Spaces
  • Front Facing Garage

Property Views

  • Pond
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 5,253 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0063.0300
  • Assessor Parcel Number 54-02 -0063.0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,277

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning Howard Okie home on 2 private acres in Malvern at the end of a cul-de-sac. Luscious, mature landscaping, pool, and koi pond. This home is an absolute retreat! Marble floored foyer with pillars. A library with Brazilian Cherry built-ins & a wet bar. Dinning room with doors out to an oversized porch. Eat-in chef's kitchen with granite countertops, 6 burner gas cooktop, double ovens, 2 prep islands, dual sinks, built-in refrigerator, dishwasher, and a microwave. Media room with fire place & an enormous sunroom surrounded by windows & skylights. Both rooms have multiple sets of doors out to porches, patios & a bridge over the koi pond to pool. There is a powder room & side entrance to the covered breezeway leading to the garages & separate guest quarters residence. Upstairs you have the Owner's suite with 3 walk-in closets, full bath with soaking tub, FP, & walk-in double sized glass shower. 3 bedrooms, laundry, & 2 baths complete the upper level. Attached Guest Quarters features bedroom, bath, living & dining area, kitchen & loft area. The walk-out lower level has workbench & storage areas. Secluded rear yard overwhelms your guests with the sounds of waterfalls, walking paths & specimen plantings including Red Cut Leaf Maples & Weeping Hemlocks. Property is completely fenced. There's an outdoor grill on the patio w/ granite countertops & refrigerator. The home's exterior is virtually maintenance free with Lamarite slate roof with 50 yr warranty, cultured stone siding, aluminum trim & dormers, & Trex like decking & balusters. Located near Applebrook & East Goshen Park & just minutes to all major routes and transportation.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5253
  • Living Area Sq Ft: 5253
  • Price Per Sq Ft: 247.29
  • Above Grade Finished Sq Ft: 5253
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Upper Level Bathrooms: 5.00
  • Upper Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • View: Garden/Lawn, Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: GREAT VALLEY
  • School District Key: 300200397337
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 331100.00
  • Land Assessed Value: 83640.00
  • Land Use Code: R10
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2021
  • Zoning: R10 RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 352754
  • School Tax: 9274.00
  • Tax Annual Amount: 11277.00
  • Assessor Parcel Number: 54-02 -0063.0300
  • Tax Lot: 0063.0300
  • Tax Total Finished Sq Ft: 5253
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/16/2022

MLS Schools

  • School District Name: GREAT VALLEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Mar 8, 2022
Sold by
Yang Dominic C
Bought by
Diamond Vivienne and Diamond Louis M
Seller's Agent
Jack Aezen
Compass RE
Buyer's Agent
Paul Cheng
Keller Williams Realty - Cherry Hill
List Price
$1,500,000
Sold Price
$1,225,000
Premium/Discount to List
-$275,000
-18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%
Original Mortgage
$918,700
Outstanding Balance
$864,603
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,224,195

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jul 28, 2014
Sold by
Bubenick Daniel R and Bubenick Gail K
Bought by
Yang Dominic C
Seller's Agent
Barbara Richardson
BHHS Fox & Roach Wayne-Devon
Buyer's Agent
Jack Aezen
Compass RE
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
Original Mortgage
$960,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2007
Sold by
Bubenick Daniel R and Bubenick Gail K
Bought by
Revocab Daniel R and Revocab Gail K Bubenick Joint
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,225,000 None Listed On Document
Deed $1,200,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $918,700 New Conventional
Previous Owner $960,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $1,995,000 -11.3% $216 / Sq Ft
05/16/2025 05/16/25 For Sale $2,250,000 +83.7% $244 / Sq Ft
03/16/2022 03/16/22 Sold $1,225,000 -5.7% $233 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $1,299,000 -5.5% $247 / Sq Ft
09/01/2021 09/01/21 Price Changed $1,375,000 -5.2% $262 / Sq Ft
07/11/2021 07/11/21 Price Changed $1,450,000 -3.3% $276 / Sq Ft
06/07/2021 06/07/21 For Sale $1,500,000 0.0% $286 / Sq Ft
08/01/2017 08/01/17 Rented $5,000 0.0% --
07/27/2017 07/27/17 Under Contract -- -- --
06/20/2017 06/20/17 For Rent $5,000 0.0% --
07/25/2014 07/25/14 Sold $1,200,000 -7.6% $190 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $1,299,000 0.0% $205 / Sq Ft
04/21/2014 04/21/14 For Sale $1,299,000 -- $205 / Sq Ft
Source: Bright MLS

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 $11,816 $414,740 $83,640 $331,100
2023 $11,509 $414,740 $83,640 $331,100
2022 $11,277 $414,740 $83,640 $331,100
2021 $11,049 $414,740 $83,640 $331,100
2020 $10,866 $414,740 $83,640 $331,100
2019 $10,760 $414,740 $83,640 $331,100
2018 $10,555 $414,740 $83,640 $331,100
2017 $10,555 $414,740 $83,640 $331,100
2016 $9,537 $414,740 $83,640 $331,100
2015 $9,537 $414,740 $83,640 $331,100
2014 $9,537 $414,740 $83,640 $331,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACT538674

Bright MLS

APN: 54-002-0063.0300