NOT LISTED FOR SALE

Estimated Value: $275,874 - $497,000

2 Beds
2 Baths
1,790 Sq Ft
$205/mo HOA Fee

Last Sold March 07, 2016

Last sale price $218,000 $122 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,309/month

88 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Homestead Senior High School Rated A
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of March 2016

A courtyard with a privacy fence is the perfect place for a seating arrangement or outdoor table and this space provides the entrance to the home. This villa features an incredible location near the entrance and is adjacent to the pond and common areas, providing a beautifully open feel to this peaceful property. The zero-entry front door opens to the open concept great room, kitchen and breakfast area. Under the cathedral ceilings, the space is open and bright and the numerous upgrades (including the wood floors, tile floors & on-trend window treatments) provide a wonderful look. The great room has a gas fireplace and is adjacent to an inviting sun room with windows on 3 sides. The kitchen is spacious and has a great deal of cabinet and counter space (stainless appliances, Corian countertops and an additional work station). The kitchen features a large pantry and the additional walk-in pantry/storage room is located just past the laundry room. A not-to-miss feature includes the built-in shelves/storage units in the closets throughout the home. The kitchen space flows to the laundry room (upgraded cabinetry and utility sink). The water-softener is conveniently located in this area, making it convenient to check/load the salt. The master suite has cathedral ceilings, beautifully updated bathroom and a large walk-in closet while bedroom 2 is adjacent to the second full bathroom. The library, with cathedral ceilings and a large picture window, is yet another updated, spacious room. This is a beautiful home with great amenities and a wonderfully care-free way to live!

Last Agent to Sell the Property

Heather Regan

Regan & Ferguson Group Listed on: 10/27/2015

Last Buyer's Agent

Michael McCarthy

foundit

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Backs to Open Ground
  • Landscaped

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Lake, Pond or Stream
  • Patio
  • Porch

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-11-08-176-031.000-038

Community Details

Recreation

  • Community Pool

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,751

Year Built

Built in 2007

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 2007
  • Age: 9
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Villas at Summit Reserve Condos U1-2
  • Parcel Number ID: 02-11-08-176-031.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Landscaped, Near Walking Trail, Open Floor Plan, Patio Open, Pocket Doors, Porch Open, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Ridge Crest Crossing
  • Location: City/Town/Suburb
  • Sp Lp Percent: 99.59
  • Special Features: None

Interior Features

  • Total Sq Ft: 1790
  • Total Finished Sq Ft: 1790
  • Above Grade Finished Sq Ft: 1790
  • Basement Foundation: Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x18, On Level: Main
  • Kitchen: Dimensions: 14x17, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Den: Dimensions: 11x14, On Level: Main
  • Extra Room: Sunroom, Dimensions: 11x14, On Level: Main
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Type: Pond

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 205
  • Association Fees Frequency: Monthly
  • Common Amenities: Swimming Pool

Schools

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

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 2631
  • Estimated Lot Size Acres: 0.0604
  • Zoning: R1 One Family Residence

Tax Info

  • Annual Taxes: 1751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Mccarthy Michael P and Mccarthy Linda A
Bought by
Gaydos Christopher J and Gaydos Kathryn E
Current Estimated Value
$371,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,450
Outstanding Balance
$195,722
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$166,606

Purchase Details

Closed on
Nov 7, 2019
Sold by
Mccarthy Michael P and Mccarthy Linda A
Bought by
Gaydos Christopher J and Gaydos Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,450
Outstanding Balance
$195,722
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$166,606

Purchase Details

Listed on
Oct 27, 2015
Closed on
Mar 7, 2016
Sold by
Kohrman Shirley A
Bought by
Mccarthy Michael P and Mccarthy Linda A
Seller's Agent
Heather Regan
Regan & Ferguson Group
Buyer's Agent
Michael McCarthy
foundit
List Price
$218,900
Sold Price
$218,000
Premium/Discount to List
-$900
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$50,000
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2008
Sold by
Villas At Summit Reserve Llc
Bought by
Kohrman Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gaydos Christopher J $291,868 Trademark Title Services
Gaydos Christopher J -- Trademark Title
Mccarthy Michael P -- None Available
Kohrman Shirley A -- Metropolitan Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaydos Christopher J $219,450
Closed Gaydos Christopher J $219,450
Previous Owner Kohrman Shirley A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $218,000 -0.4% $122 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
10/27/2015 10/27/15 For Sale $218,900 -- $122 / 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 $1,718 $247,400 $49,000 $198,400
2022 $1,627 $241,200 $43,000 $198,200
2021 $1,372 $204,000 $43,000 $161,000
2020 $1,342 $198,300 $43,000 $155,300
2019 $1,355 $194,500 $43,000 $151,500
2018 $1,360 $196,200 $43,000 $153,200
2017 $1,415 $192,100 $43,000 $149,100
2016 $1,375 $184,400 $43,000 $141,400
2014 $1,251 $171,900 $43,000 $128,900
2013 $1,527 $191,900 $43,000 $148,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201550227

Indiana Regional MLS

APN: 02-11-08-176-031.000-038