NOT LISTED FOR SALE

Estimated Value: $1,025,000 - $1,068,000

4 Beds
4 Baths
4,347 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $1,050,000 $242 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,698/month

252 Days on Market

Highlights

  • Contemporary Architecture
  • Radiant Floor
  • 3 Car Detached Garage
  • Cathedral Ceiling
  • Formal Dining Room
  • 4-minute walk to Martin Luther King Memorial Park

About This Home

As of June 2020

This home connects the outdoors to the luxurious comforts of an impeccably designed modern interior. Dawn to dusk, the layout allows you to appreciate it all. The 3 upstairs BRs open to spacious balconies. Be sure to note the layout of master BR w/large spa-like master bath which connects to the master closet to quietly complete your morning routine. Thru out the home, even in the lower level, high ceilings & large windows give such a feeling of openness & lightness. Glass lined skywalk looks across the 30ft cathedral ceilings down to the gourmet chef’s KT. You’ll love the details-natural stone-vanity sinks carved from fossilized wood, stunning 14ft Cygnus granite island, breathtaking backlit Onyx stone staircase, and pet cleaning station.

Last Agent to Sell the Property

Gary Swift

Compass Indiana, LLC License #RB14041573 Listed on: 08/20/2019

Compass Indiana, LLC

Last Buyer's Agent

Gary Swift

Compass Indiana, LLC License #RB14041573 Listed on: 08/20/2019

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,610

Year Built

  • Built in 2016

Lot Details

  • 7,144 Sq Ft Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Cement Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Cathedral Ceiling
  • Skylights
  • Formal Dining Room

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Home Security

  • Monitored
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Watersense Fixture

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • High-Efficiency Water Heater
  • Water Purifier

Community Details

  • Morton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490636219196005101

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,610

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2016
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting, Doors, Windows, HVAC, Insulation, Windows, Water Fixtures, Water Heater
  • Lot Size Acres: 0.164
  • Subdivision Name: MORTON PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: This home connects the outdoors to the luxurious comforts of an impeccably designed modern interior. Dawn to dusk, the layout allows you to appreciate it all. The 3 upstairs BRs open to spacious balconies. Be sure to note the layout of master BR w/large spa-like master bath which connects to the master closet to quietly complete your morning routine. Thru out the home, even in the lower level, high ceilings & large windows give such a feeling of openness & lightness. Glass lined skywalk looks across the 30ft cathedral ceilings down to the gourmet chef’s KT. You’ll love the details-natural stone-vanity sinks carved from fossilized wood, stunning 14ft Cygnus granite island, breathtaking backlit Onyx stone staircase, and pet cleaning station.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Egress Window(s)
  • Appliances: Electric Cooktop, Dishwasher, Down Draft, ENERGY STAR Qualified Appliances, Disposal, Microwave, Convection Oven, Bar Fridge, Refrigerator, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Wet Bar
  • Living Area: 4347
  • Other Equipment: CO Detectors, Central Vacuum, Security Alarm Monitored, Smoke Detector, Sump Pump, Programmable Thermostat, WetBar, Water Purifier, Water-Softener Owned
  • Room Count: 13
  • Areas Interior: Laundry Room Upstairs,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2898
  • Main Level Sq Ft: 1449
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Deck,Shower Stall Full,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 4347
  • Kitchen Features: Center Island
  • Below Grade Sq Ft: 1449
  • Upper Level Sq Ft: 1449
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Cedar, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fire Pit, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 1170000
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric,Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Electric Vehicle Service Equipment (EVSE),Garage Door Opener,Keyless Entry,Service Door,Workshop
  • Garage Sq Ft: 1008

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air, High Efficiency (90%+ AFUE ), Radiant Floor
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490636219196005101
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 247&248
  • Lot Size: 7144

Green Features

  • Green Certification Y N: 0
  • Smart Home Features: Lock Electronic - Back Door,Lock Electronic - Other Doors,Thermostat - Programmable,Thermostat - WiFi,Thermostat - Voice Controlled,Lighting Automated - Some,Lighting Voice Controlled - Some,Appliances WiFi - Some,Appliances Smart - Some

Tax Info

  • Tax Annual Amount: 9610
  • Semi Annual Property Tax Amt: 4805
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
May 18, 2020
Sold by
Bgrs Relocation Inc
Bought by
Lungu Virgil R
Seller's Agent
Gary Swift
Compass Indiana, LLC
Buyer's Agent
Gary Swift
Compass Indiana, LLC
List Price
$1,400,000
Sold Price
$1,050,000
Premium/Discount to List
-$350,000
-25%
Current Estimated Value
$1,039,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,473
Avg. Annual Appreciation
-0.19%
Original Mortgage
$997,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2019
Closed on
May 7, 2020
Sold by
Tiu Ramon Velasquez
Bought by
Bgrs Relocation Inc
Seller's Agent
Gary Swift
Compass Indiana, LLC
Buyer's Agent
Gary Swift
Compass Indiana, LLC
List Price
$1,400,000
Sold Price
$1,050,000
Premium/Discount to List
-$350,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Redevelopment Group Inc
Bought by
Tiu Ramon Velasquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,600
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 22, 2014
Closed on
Dec 10, 2014
Sold by
Palladium Group Llc
Bought by
The Redevelopment Group Inc
Seller's Agent
Diane Barton
RE/MAX Advanced Realty
Buyer's Agent
Patrick Dubach
RDG Real Estate
List Price
$42,000
Sold Price
$34,900
Premium/Discount to List
-$7,100
-16.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.04%

Purchase Details

Listed on
Jun 12, 2014
Closed on
Jul 24, 2014
Sold by
Campoy Carlos By Albert R "Jack" Jackson I and Cara Ronald C By Albert R "Jack" Ja
Bought by
Palladium Group Llc By & Robert A Annee
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Diane Barton
RE/MAX Advanced Realty
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.71%
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
Lungu Virgil R -- None Available
Bgrs Relocation Inc $1,050,000 Brps Title Llc
Tiu Ramon Velasquez -- First American Title Ins Co
The Redevelopment Group Inc -- None Available
Palladium Group Llc By & Robert A Annee $68,000 First American Title Insuran
Palladium Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lungu Virgil R $997,500
Previous Owner Tiu Ramon Velasquez $741,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $1,050,000 -10.3% $242 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $1,170,000 -16.4% $269 / Sq Ft
08/20/2019 08/20/19 For Sale $1,400,000 +3911.5% $322 / Sq Ft
12/10/2014 12/10/14 Sold $34,900 -16.9% --
11/20/2014 11/20/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $42,000 -38.2% --
07/24/2014 07/24/14 Sold $68,000 -9.3% --
07/17/2014 07/17/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $75,000 -- --
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 $13,908 $1,081,300 $191,800 $889,500
2023 $13,908 $1,121,200 $191,800 $929,400
2022 $13,345 $1,079,500 $191,800 $887,700
2021 $11,707 $968,000 $85,600 $882,400
2020 $10,135 $837,400 $85,600 $751,800
2019 $9,781 $790,900 $85,600 $705,300
2018 $9,763 $775,600 $85,600 $690,000
2017 $7,208 $670,700 $42,800 $627,900
2016 $7,016 $380,500 $85,600 $294,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21661376

MIBOR Broker Listing Cooperative®

APN: 49-06-36-219-196.005-101