NOT LISTED FOR SALE

1761 Cherry Tree Rd Avon, IN 46123

Estimated Value: $563,000 - $614,000

0.44 Acre
$1,332,970 Price per Acre
19,166 Sq Ft Lot

Last Sold March 15, 2012

Last sale price $41,000

Est. 1,331% increase in value since last sale

Current estimated payment $3,701/month

181 Days on Market

About This Lot

As of March 2012

This lot is a BANK OWNED FORECLOSURE, NOT a short sale. Easy, quick purchase process. $1,000 min. EM Deposit w/offer required. Subject to Bank Addendum. Affordable, perfect setting for your new home located in one of Avon's premier established and mature communities. Now is the time to own one of the last remaining lots in Forest Commons.

Last Agent to Sell the Property

Kevin Cheek

RE/MAX Centerstone Brokerage Email: kcheek@iendeavor.com Listed on: 07/22/2011

Last Buyer's Agent

Mike Stailey

RE/MAX Centerstone License #RB14043894

RE/MAX Centerstone

Property Details

Property Type

  • Land

Lot Details

  • 0.44 Acre Lot

HOA Fees

  • $21 Monthly HOA Fees

Community Details

  • Association fees include home owners
  • Forest Commons Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 138 / 4
  • Assessor Parcel Number 320735136006000022

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2011
  • Lot Size Acres: 0.44
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Forest Commons
  • Transaction Type: Sale
  • MBR_AttributionContact: kcheek@iendeavor.com
  • Attribution Contact: kcheek@iendeavor.com
  • Special Features: None

Interior Features

  • Upper Level Sq Ft: 0

Exterior Features

  • Disclosures: BankOwned
  • List Price: 47900
  • Other Structures: No Building
  • Topography: Level,Sloping
  • Road Access: County Rd
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners

Lot Info

  • Additional Parcels: No
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 129
  • Parcel Number: 320735136006000022
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Rural In Subdivsion
  • Present Zoning: Single Family
  • Price Acre: 108864

Tax Info

  • Tax Annual Amount: 1670
  • Tax Block: 4
  • Tax Lot: 138
  • Semi Annual Property Tax Amt: 835
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2011
Sold by
Connors James E and Connors Marta J
Bought by
The Huntington National Bank
Current Estimated Value
$586,507

Purchase Details

Closed on
Aug 11, 2008
Sold by
Meunier Garu R and Meunier Stephanie A
Bought by
Connors James E and Connors Marta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2006
Sold by
Ashley Llc
Bought by
Meunier Gary R and Meunier Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 1, 2006
Sold by
Avon Development Corp
Bought by
Ashley Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.66%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Huntington National Bank $37,500 None Available
Connors James E -- None Available
Meunier Gary R -- None Available
Ashley Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stailey Terry M $280,000
Closed Stailey Terry M $310,000
Previous Owner Connors James E $58,500
Previous Owner Meunier Gary R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2012 03/15/12 Sold $41,000 -18.8% --
01/20/2012 01/20/12 Pending -- -- --
07/22/2011 07/22/11 For Sale $50,500 -- --
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 $5,894 $514,400 $68,800 $445,600
2023 $5,381 $472,000 $62,400 $409,600
2022 $5,436 $472,600 $61,800 $410,800
2021 $4,853 $420,100 $65,500 $354,600
2020 $4,757 $407,800 $65,500 $342,300
2019 $4,592 $388,200 $61,400 $326,800
2018 $4,659 $386,200 $61,400 $324,800
2017 $3,983 $398,300 $63,300 $335,000
2016 $3,907 $390,700 $63,300 $327,400
2014 $3,838 $383,800 $62,000 $321,800
2013 $3,735 $373,500 $59,700 $313,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kevin Cheek

    RE/MAX Centerstone

  • Mike Stailey

    Buyer's Agent in 2012

    Mike Stailey

    RE/MAX Centerstone

    (317) 508-8880

    13 in this area

    139 Total Sales

    Mike Stailey
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21133538

MIBOR Broker Listing Cooperative®

APN: 32-07-35-136-006.000-022

Indiana Hendricks County Avon 46123

1761 Cherry Tree Rd, Avon, IN

This home is located at 1761 Cherry Tree Rd, Avon, IN 46123 since 22 July 2011 and is currently estimated at $586,507. 1761 Cherry Tree Rd is a home located in Hendricks County with nearby schools including White Oak Elementary School, Sycamore Elementary School, and Avon Intermediate School East.

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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