1605 Pele Place Indianapolis, IN 46214
Chapel Hill-Ben Davis NeighborhoodEstimated Value: $280,000 - $301,000
4
Beds
2.5
Baths
1,926
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Mature Trees
- Traditional Architecture
- Covered patio or porch
- Ben Davis University High School Rated A
- Wood Flooring
- Cul-De-Sac
About This Home
As of May 2021Welcome Home! Updated, 4 bedroom, 2-story home in popular West Wood on quiet, cul-de-sac with ample backyard and plenty of mature trees. Kitchen boasts new stylish, black stainless steel appliances, granite countertops and farmhouse sink. Hardwood floors and ceramic tile on main floor. Newer carpeting upstairs. Home is conveniently located in walking distance from Ben Davis schools. Please see attachments for full list of home updates.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,096
Year Built
- Built in 1989
Lot Details
- 10,193 Sq Ft Lot
- Cul-De-Sac
- Mature Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Cedar
Interior Spaces
- 2-Story Property
- Built-in Bookshelves
- Woodwork
- Bay Window
- Window Screens
- Family Room with Fireplace
- Family or Dining Combination
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry closet
- Dryer
- Washer
Basement
- Sump Pump
- Crawl Space
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- Covered patio or porch
Utilities
- Heat Pump System
- Geothermal Heating and Cooling
- Electric Water Heater
Community Details
- Property has a Home Owners Association
- West Wood Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 490534110036000900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2021
Closed on
May 24, 2021
Sold by
Porter Nicole E
Bought by
Adeniran Adisa Obafemi and Adeniran Mojisola Eniola
Seller's Agent
Suzanne Drollinger
Hoosier, REALTORS®
Buyer's Agent
Lori & Scott Meyer
Highgarden Real Estate
List Price
$199,000
Sold Price
$230,000
Premium/Discount to List
$31,000
15.58%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,821
Avg. Annual Appreciation
5.95%
Original Mortgage
$218,500
Outstanding Balance
$199,966
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,855
Purchase Details
Listed on
Jan 19, 2012
Closed on
May 4, 2012
Sold by
Reiss Gene C and Reiss Paula J
Bought by
Gaither Nicole E
Seller's Agent
Caroline Lynn
Carpenter, REALTORS®
Buyer's Agent
Sam Arce
F.C. Tucker Company
List Price
$121,500
Sold Price
$121,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$118,419
Interest Rate
3.5%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adeniran Adisa Obafemi | $230,000 | None Available | |
| Gaither Nicole E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adeniran Adisa Obafemi | $218,500 | |
| Previous Owner | Gaither Nicole E | $118,419 | |
| Previous Owner | Gaither Nicole E | $0 | |
| Previous Owner | Reiss Gene C | $75,000 | |
| Previous Owner | Reiss Gene C | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2021 05/24/21 | Sold | $230,000 | +15.6% | $119 / Sq Ft |
| 04/12/2021 04/12/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $199,000 | +63.8% | $103 / Sq Ft |
| 05/04/2012 05/04/12 | Sold | $121,500 | 0.0% | $63 / Sq Ft |
| 03/25/2012 03/25/12 | Pending | -- | -- | -- |
| 01/19/2012 01/19/12 | For Sale | $121,500 | -- | $63 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,207 | $284,200 | $22,600 | $261,600 |
| 2023 | $3,207 | $266,100 | $22,600 | $243,500 |
| 2022 | $3,076 | $247,100 | $22,600 | $224,500 |
| 2021 | $2,520 | $182,900 | $22,600 | $160,300 |
| 2020 | $2,375 | $173,100 | $22,600 | $150,500 |
| 2019 | $2,177 | $159,600 | $22,600 | $137,000 |
| 2018 | $1,693 | $140,700 | $22,600 | $118,100 |
| 2017 | $1,643 | $136,800 | $22,600 | $114,200 |
| 2016 | $1,611 | $134,300 | $22,600 | $111,700 |
| 2014 | $1,294 | $129,400 | $22,600 | $106,800 |
| 2013 | $1,269 | $126,900 | $22,600 | $104,300 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Drollinger
Seller's Agent in 2021
Suzanne Drollinger
Hoosier, REALTORS®
(317) 709-4967
2 in this area
40 Total Sales
-
Buyer's Agent in 2021
Lori & Scott Meyer
Highgarden Real Estate
(317) 778-8227
2 in this area
181 Total Sales
-
Caroline Lynn
C
Seller's Agent in 2012
Caroline Lynn
Carpenter, REALTORS®
(317) 370-7794
8 Total Sales
-
Sam Arce
Buyer's Agent in 2012
Sam Arce
F.C. Tucker Company
(317) 442-5966
1 in this area
152 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21770811
APN: 49-05-34-110-036.000-900
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.
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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