NOT LISTED FOR SALE

1621 Composer Way Indianapolis, IN 46231

Chapel Hill-Ben Davis Neighborhood

Estimated Value: $231,000 - $246,000

3 Beds
2 Baths
1,178 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $85,000 $72 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,450/month

62 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Garage
  • Ben Davis University High School Rated A
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of April 2014

Clean one level home with 3 bedrooms 2 baths vaulted great room and master bedroom suite with walk-in closet. Fireplace in great room. Kitchen with eat-in area.

Last Agent to Sell the Property

Paul Lin

Dropped Members License #RB14018469 Listed on: 10/07/2013

Last Buyer's Agent

Mary Garber

Keller Williams Indy Metro NE

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 2001

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Salem Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491216108115000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2001
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: SALEM CREEK
  • Inspection Warranties: Not Applicable
  • Property Description: Clean one level home with 3 bedrooms 2 baths vaulted great room and master bedroom suite with walk-in closet. Fireplace in great room. Kitchen with eat-in area.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, 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)
  • Living Area: 1178
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Eating Area: Dining Combo/Kitchen,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1178
  • Main Level Sq Ft: 1178
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1178
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216108115000900
  • Acres: <1/4 Acre
  • Lot Number: 79
  • Lot Size: 65X108

Tax Info

  • Tax Annual Amount: 966
  • Semi Annual Property Tax Amt: 483
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Apr 21, 2014
Sold by
Rodriguez Judith
Bought by
Worman Jeffrey Michael
Seller's Agent
Paul Lin
Dropped Members
Buyer's Agent
Mary Garber
Keller Williams Indy Metro NE
List Price
$82,900
Sold Price
$85,000
Premium/Discount to List
$2,100
2.53%
Current Estimated Value
$238,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,363
Avg. Annual Appreciation
9.26%
Original Mortgage
$83,460
Outstanding Balance
$63,825
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$174,538

Purchase Details

Closed on
Oct 5, 2007
Sold by
Crum Neil and Crum Pension Plan
Bought by
Rodriguez Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,402
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2006
Sold by
Webb Toby E and Washington Mutual Bank
Bought by
Crum Pension Plan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Worman Jeffrey Michael $85,000 Security Title Services Llc
Worman Jeffrey Michael -- Security Title Services
Rodriguez Judith -- None Available
Crum Pension Plan $73,419 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worman Jeffrey Michael $83,460
Previous Owner Rodriguez Judith $95,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $85,000 0.0% $72 / Sq Ft
02/17/2014 02/17/14 Price Changed $85,000 +2.5% $72 / Sq Ft
10/07/2013 10/07/13 For Sale $82,900 -- $70 / 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 $2,381 $211,900 $17,800 $194,100
2023 $2,381 $197,900 $17,800 $180,100
2022 $2,292 $188,900 $17,800 $171,100
2021 $1,875 $138,600 $17,800 $120,800
2020 $1,723 $128,300 $17,800 $110,500
2019 $1,615 $121,000 $17,800 $103,200
2018 $1,382 $115,400 $17,800 $97,600
2017 $1,292 $108,200 $17,800 $90,400
2016 $1,244 $104,400 $17,800 $86,600
2014 $986 $98,600 $17,800 $80,800
2013 $968 $96,700 $17,800 $78,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Lin

    Dropped Members

  • M

    Buyer's Agent in 2014

    Mary Garber

    Keller Williams Indy Metro NE

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21259639

MIBOR Broker Listing Cooperative®

APN: 49-12-16-108-115.000-900

Indiana Marion County Indianapolis 46231 Chapel Hill-Ben Davis

1621 Composer Way, Indianapolis, IN

Not Listed for Sale

Detached

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