NOT LISTED FOR SALE

1612 Composer Way Indianapolis, IN 46231

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $221,973 - $253,000

3 Beds
2 Baths
1,155 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $219,900 $190 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,696/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Covered Patio or Porch
  • Ben Davis University High School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of August 2022

Come Check out this 3 bedroom with 2 Full bathroom Ranch in a Quiet Neighborhood. Super clean house with Fire place, Fresh new paint and laminate flooring in living room and 2 bedrooms. Cozy bedrooms with closet space. New 1 year old roof. Close to all the shopping center and grocery store. Quick Possession.

Last Agent to Sell the Property

Mukul Khanna

RE/MAX Advanced Realty Listed on: 07/26/2022

RE/MAX Advanced Realty

Last Buyer's Agent

Anthony Robinson

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 2003

Lot Details

  • 4,879

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,155 Sq Ft Home
  • Vaulted Ceiling
  • 1 Fireplace
  • Window Screens
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 4,879 Sq Ft Lot

Community Details

  • Salem Creek Subdivision
  • Property managed by Association Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491216108118000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 2003

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2003
  • Building Area Total: 1155
  • Garage Y N: Yes
  • Lot Size Acres: 0.112
  • Subdivision Name: SALEM CREEK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Screens Complete
  • Other Equipment: Water-Softener Owned
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1155
  • Main Level Sq Ft: 1155
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 219900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 400

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: 400
  • Association Fee Frequency: Annually
  • Management Company Name: Association Management
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216108118000900
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 73
  • Lot Size: 4,879

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1690
  • Semi Annual Property Tax Amt: 845
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Sfr Jv-2 Property Llc
Bought by
Sfr Jv-2 2023-1 Borrower Llc
Current Estimated Value
$241,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,610,000
Outstanding Balance
$282,426,313
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$282,192,356

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 15, 2022
Sold by
Raj Monika
Bought by
Sfr Jv-2 Property Llc
Seller's Agent
Mukul Khanna
RE/MAX Advanced Realty
Buyer's Agent
Anthony Robinson
Keller Williams Indy Metro NE
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 7, 2021
Sold by
Scott Dean W
Bought by
Raj Monika
Seller's Agent
Stacy Sorrell
F.C. Tucker Company
Buyer's Agent
Mukul Khanna
RE/MAX Advanced Realty
List Price
$199,900
Sold Price
$195,200
Premium/Discount to List
-$4,700
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%
Original Mortgage
$180,500
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sfr Jv-2 2023-1 Borrower Llc -- None Listed On Document
Sfr Jv-2 Property Llc $219,900 None Listed On Document
Raj Monika $195,200 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-2 2023-1 Borrower Llc $452,610,000
Previous Owner Raj Monika $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $219,900 0.0% $190 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $219,900 +12.7% $190 / Sq Ft
12/07/2021 12/07/21 Sold $195,200 -2.4% $169 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $199,900 -- $173 / 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 $4,512 $197,200 $12,900 $184,300
2023 $4,512 $188,300 $12,900 $175,400
2022 $2,239 $179,500 $12,900 $166,600
2021 $1,775 $131,700 $12,900 $118,800
2020 $1,606 $120,200 $12,900 $107,300
2019 $1,500 $113,100 $12,900 $100,200
2018 $1,287 $107,600 $12,900 $94,700
2017 $1,204 $101,000 $12,900 $88,100
2016 $1,157 $97,300 $12,900 $84,400
2014 $916 $91,600 $12,900 $78,700
2013 $898 $89,700 $12,900 $76,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mukul Khanna

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2022

    Anthony Robinson

    Keller Williams Indy Metro NE

    Section Image

  • S

    Seller's Agent in 2021

    Stacy Sorrell

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21873632

MIBOR Broker Listing Cooperative®

APN: 49-12-16-108-118.000-900

Indiana Marion County Indianapolis 46231 Chapel Hill-Ben Davis

1612 Composer Way, Indianapolis, IN

This home is located at 1612 Composer Way, Indianapolis, IN 46231 since 26 July 2022 and is currently estimated at $241,493, approximately $209 per square foot. This property was built in 2003. 1612 Composer Way is a home located in Marion County with nearby schools including Bridgeport Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis 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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