NOT LISTED FOR SALE

Estimated Value: $710,772 - $729,000

4 Beds
3.5 Baths
4,432 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $495,000 $112 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,435/month

58 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Homestead Senior High School Rated A
  • Living Room with Fireplace
  • Great Room

About This Home

As of July 2017

OPEN HOUSE MOST SUNDAYS FROM 1 TO 4!! Today's Amenities, and Yesterdays Architecture await you in this 2937 square foot custom home by Award Winning Custom Builder Arbor Home!! Spectacular in every way this beautiful Craftsman style bungalow, features master on main level, two bedrooms up and 4th bedroom in lower level. The open great room, with centrally located staircase, beamed ceiling and craftsman style mantle flanked by cabinets. Plenty of room for casual dining in the breakfast nook all which opens to 8' long granite kitchen island, and large walk-in pantry. The 1700 sq ft basement features wet bar and theater room. You will love the covered back porch with fireplace. 3 car garage connects through the mud room featuring powder room, laundry and coat rack.

Last Agent to Sell the Property

David Springer

Mike Thomas Assoc., Inc Listed on: 03/15/2017

Mike Thomas Assoc., Inc

Last Buyer's Agent

Lynn Reecer

Reecer Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2017

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92 x 142
  • Waterfront

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Bungalow
  • Poured Concrete
  • Shingle Roof
  • Stone Exterior Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Gas And Electric Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Garden Bath

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-11-07-214-021.000-038

Community Details

Overview

  • $21 Other Monthly Fees

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 2017

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2017
  • Style: Two Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Bridgewater Section 13 Lot 428
  • Parcel Number ID: 02-11-07-214-021.000-038
  • Platted: Yes
  • Amenities: Built-In Bookcase, Built-in Desk, Ceiling-9+, Countertops-Solid Surf, Deck Covered, Disposal, Dryer Hook Up Gas/Elec, Garage Door Opener, Garden Tub, Kitchen Island, Pantry-Walk In, Porch Covered, Range/Oven Hk Up Gas/Elec, Wet Bar, Main Level Bedroom Suite, Great Room, Sump Pump
  • Cross Street: Sandstone Drive
  • Location: City/Town/Suburb
  • New Construction: Spec
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.06
  • Special Features: None

Interior Features

  • Total Sq Ft: 4642
  • Total Finished Sq Ft: 4432
  • Above Grade Finished Sq Ft: 2937
  • Below Grade Finished Sq Ft: 1495
  • Below Grade Sq Ft: 210
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 16x21, On Level: Main
  • Kitchen: Dimensions: 14x15, On Level: Main
  • Dining Room: Dimensions: 11x15, On Level: Main
  • Family Room: Dimensions: 14x25, On Level: Lower
  • Den: Dimensions: 10x13, On Level: Upper
  • Recreation Room: Dimensions: 18x21, On Level: Lower
  • Extra Room: Exercise Room, Dimensions: 11x11, On Level: Lower
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 12x16, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 14x15, On Level: Lower
  • Loft: Dimensions: 14x16, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1705

Exterior Features

  • Exterior: Stone, Vinyl, Cement Board
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 35x22
  • Garage Sq Ft: 770

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 9xMain, On Level: 10
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 350
  • Association Fees Frequency: Annually
  • Other Fee Description: Pool
  • Other Fees Dollar: 250

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Covington
  • Middle School: Woodside
  • High School: Homestead

Lot Info

  • Lot Description: Waterfront
  • Lot Dimensions: 92 x 142
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3

Tax Info

  • Annual Taxes: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jul 6, 2017
Sold by
Arbor Corp
Bought by
Clark Updegraff Adam
Seller's Agent
David Springer
Mike Thomas Assoc., Inc
Buyer's Agent
Lynn Reecer
Reecer Real Estate Advisors
List Price
$435,000
Sold Price
$495,000
Premium/Discount to List
$60,000
13.79%
Current Estimated Value
$722,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,943
Avg. Annual Appreciation
4.38%
Original Mortgage
$470,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 8, 2016
Sold by
Star Homes By Delagrange & Richhart Inc
Bought by
Arbor Home Building Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2013
Sold by
Oakmont Development Co Llc
Bought by
Star Homes By Delagrange & Richhart Inc
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
Clark Updegraff Adam $495,000 --
Updegraff Adam Clark $495,000 Renaissance Title
Arbor Home Building Corp -- Renaissance Title
Star Homes By Delagrange & Richhart Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Updegraff Adam Clark $454,500
Closed Updegraff Adam Clark $454,500
Closed Updegraff Adam Clark $470,250
Previous Owner Arbor Home Building Corp $2,500,000
Previous Owner Arbor Home Building Corp $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $495,000 +13.8% $112 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $435,000 -- $98 / Sq Ft
Source: Indiana Regional 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 $5,609 $707,800 $68,500 $639,300
2023 $5,559 $682,700 $68,500 $614,200
2022 $4,795 $614,300 $68,500 $545,800
2021 $4,613 $568,700 $68,500 $500,200
2020 $4,438 $535,600 $68,500 $467,100
2019 $4,288 $507,000 $68,500 $438,500
2018 $4,048 $484,700 $68,500 $416,200
2017 $3,701 $421,000 $68,500 $352,500
2016 $27 $1,300 $1,300 $0
2014 $22 $1,300 $1,300 $0
2013 $23 $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201710409

Indiana Regional MLS

APN: 02-11-07-214-021.000-038