NOT LISTED FOR SALE

Estimated Value: $771,055 - $807,000

4 Beds
4.5 Baths
5,111 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $550,000 $108 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,961/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Golf Course View
  • Living Room with Fireplace
  • Homestead Senior High School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of June 2017

Stunning all brick home welcomes you into a bright open floor plan. Gourmet chefs love the remodeled kitchen with custom Grabill cabinetry, granite island and raised breakfast bar, gas stove, 2 ovens, 2 pantries, instant hot water at the sink. Den overlooks the golf course and offers abundant built-in bookcases. Master suite was upgraded with ceramic tile walk-in shower offering dual shower heads/body jets, heated tile floor, jet tub, double vanity, his & her walk-in closets, custom cherry cabinetry, Closet Tamers. All baths throughout have been remodeled. Daylight lower level is perfect for entertaining around the wet bar or watching the big game by the fireplace. Laundry room provides a utility sink, chute from second floor bedrooms, 5 custom wood lockers. Additional improvements inc all faucets, light fixtures, new roof in 2009, some new windows, Closet Tamers in the garage, extensive security system, reverse osmosis, tank less hot water heater, invisible fence, irrigation system, natural gas line for grill. Enjoy views of the 11th fairway of prestigious Sycamore Hills golf course from the 3-season room or the shaded patio. No need to worry about golf balls in the yard. Association dues inc club house, swimming pool, tennis courts. Private golf club membership not included.

Last Agent to Sell the Property

Beth Goldsmith

North Eastern Group Realty Listed on: 03/27/2017

North Eastern Group Realty

Co-Listed By

Lynette Johnson

North Eastern Group Realty

Last Buyer's Agent

Beth Goldsmith

North Eastern Group Realty Listed on: 03/27/2017

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 165 x 125
  • Landscaped
  • Level Lot
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Golf Course Views

Kitchen

  • Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • 1 Bathroom in Basement
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 02-11-09-178-005.000-075

Community Details

Recreation

  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,868

Year Built

Built in 1992

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1992
  • Age: 25
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Sycamore Hills Sec VII Lot 248
  • Parcel Number ID: 02-11-09-178-005.000-075
  • Platted: Yes
  • Amenities: Alarm System-Security, Bar, Cable Ready, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Jet Tub, Irrigation System, Kitchen Island, Landscaped, Patio Open, Range/Oven Hk Up Gas/Elec, Skylight(s), Twin Sink Vanity, Utility Sink, Wiring-Security System, Stand Up Shower, Tub and Separate Shower, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Custom Cabinetry, Jack & Jill Bath
  • Cross Street: Sycamore Hills Parkway
  • Location: City/Town/Suburb
  • Section Number: VII
  • Sp Lp Percent: 97.35
  • Special Features: None

Interior Features

  • Total Sq Ft: 5211
  • Total Finished Sq Ft: 5111
  • Above Grade Finished Sq Ft: 3523
  • Below Grade Finished Sq Ft: 1588
  • Below Grade Sq Ft: 100
  • Basement: Yes
  • Basement Foundation: Daylight, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 17x24, On Level: Main
  • Kitchen: Dimensions: 14x17, On Level: Main
  • Breakfast Room: Dimensions: 10x14, On Level: Main
  • Dining Room: Dimensions: 13x15, On Level: Main
  • Family Room: Dimensions: 15x25, On Level: Lower
  • Den: Dimensions: 13x13, On Level: Main
  • Recreation Room: Dimensions: 12x28, On Level: Lower
  • Extra Room: Bar Area, Dimensions: 14x21, On Level: Lower
  • Bedroom 1: Dimensions: 15x17, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: Dimensions: 11x14, On Level: Upper
  • Bedroom 4: Dimensions: 12x13, On Level: Upper
  • Other Room1: Sitting Room, Dimensions: 13x15, On Level: Main
  • Other Room 2: 3-Season Room, Dimensions: 13x14, On Level: Main
  • Main Level Sq Ft: 2417
  • 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: 1688

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Pool: Association
  • Pool: Yes

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x22
  • Garage Sq Ft: 704

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: 6xMain, On Level: 13

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 1200
  • Association Fees Frequency: Annually
  • Common Amenities: Clubhouse, Swimming Pool, Tennis Courts

Schools

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

Lot Info

  • Lot Description: Golf Frontage, Level
  • Lot Dimensions: 165 x 125
  • Estimated Lot Sq Ft: 19602
  • Estimated Lot Size Acres: 0.45
  • Lot Number: 248
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 5868
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 1, 2017
Sold by
Ostrem Sten J
Bought by
Zhentao Zhang
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$787,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,352
Avg. Annual Appreciation
4.37%
Original Mortgage
$550,000
Outstanding Balance
$288,069
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$499,283

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 31, 2017
Sold by
Ostrem Sten J and Ostrem Jill C
Bought by
Zhang Zhentao and Wang Xueqian
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$288,069
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$499,283

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 19, 2013
Sold by
Gooding Joseph E and Gooding Laura A
Bought by
Ostrem Sten J and Ostrem Jill C
Seller's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
Buyer's Agent
Lynette Johnson
North Eastern Group Realty
List Price
$589,900
Sold Price
$545,000
Premium/Discount to List
-$44,900
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Vaela Ravi and Vaela Padma
Bought by
Gooding Joseph E and Gooding Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2001
Sold by
Orecchia Paul and Orecchia Mary
Bought by
Vaela Ravi and Vaela Padma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Zhentao Zhang $550,000 --
Zhang Zhentao -- Metropolitan Title Of Indian
Ostrem Sten J -- None Available
Gooding Joseph E -- Stewart Title Guaranty Co
Vaela Ravi -- Three Rivers Title Company I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhentao $550,000
Previous Owner Ostrem Sten J $417,000
Previous Owner Gooding Joseph E $306,000
Previous Owner Vaela Ravi $275,000
Closed Vaela Ravi $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2017 06/01/17 Sold $550,000 -2.7% $108 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $565,000 +3.7% $111 / Sq Ft
07/29/2013 07/29/13 Sold $545,000 -7.6% $107 / Sq Ft View Prior Sale
06/17/2013 06/17/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $589,900 -- $115 / 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 $8,179 $730,400 $73,500 $656,900
2023 $8,179 $755,700 $73,500 $682,200
2022 $7,559 $692,500 $73,500 $619,000
2021 $6,628 $627,800 $73,500 $554,300
2020 $6,254 $590,500 $73,500 $517,000
2019 $6,090 $573,100 $73,500 $499,600
2018 $5,657 $531,400 $73,500 $457,900
2017 $5,650 $528,700 $73,500 $455,200
2016 $5,673 $528,600 $73,500 $455,100
2014 $5,634 $528,500 $74,200 $454,300
2013 $4,202 $392,700 $74,200 $318,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201712273

Indiana Regional MLS

APN: 02-11-09-178-005.000-075