NOT LISTED FOR SALE

Estimated Value: $473,000 - $502,000

3 Beds
2.5 Baths
2,596 Sq Ft
$435/mo HOA Fee

Last Sold June 26, 2020

Last sale price $315,000 $121 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,474/month

64 Days on Market

Highlights

  • Lake Front
  • Mature Trees
  • Deck
  • North Central High School Rated A-
  • Clubhouse
  • Traditional Architecture

About This Home

As of June 2020

One of the largest homes at sought-after Mystic Bay -- on the water with a private dock! Freshly painted, it offers three bedrooms with two master bedroom options (one upstairs and one on the main floor). Main floor master suite includes a den/sitting room overlooking the water. The open living, dining, and sunroom areas lead to the large screened porch and deck. The wide-open second floor was added in 2001 with its own full bath -- great for visiting family and friends. Secluded Mystic Bay is in a prime residential Washington Twp. location near Keystone at the Crossing, Nora, & Broad Ripple with an easy commute to Downtown. See supplements for more features! Note that Mystic Bay is a PUD.

Last Agent to Sell the Property

George Landrigan

GB Landrigan & Company License #RB14028808 Listed on: 03/20/2020

Co-Listed By

Deborah Waters

GB Landrigan & Company

Last Buyer's Agent

Joe Bottorff

Doc Real Estate, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • Mature Trees

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Paddle Fans
  • Skylights
  • Bay Window
  • Living Room with Fireplace
  • Family or Dining Combination
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 490325114024000800

Community Details

Overview

  • Association fees include home owners, clubhouse, ground maintenance, nature area, snow removal, tennis court(s)
  • Association Phone (317) 570-4358
  • Mystic Bay Subdivision
  • Property managed by Kirkpatrick

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,822

Year Built

Built in 1979

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1979
  • Building Area Total: 2596
  • Co List Office Phone: 317-255-0255
  • Garage Y N: Yes
  • Lot Size Acres: 0.044
  • Subdivision Name: Mystic Bay
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: www.gb.house
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • MBR_AttributionContact: gb@landrigan.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Tankless Water Heater, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Skylight(s), Window Bay Bow, Paddle Fan, Pantry
  • Living Area: 2596
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1646
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 950
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2596

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Tennis Court(s), Dock
  • Foundation Details: Slab
  • List Price: 349900
  • Patio And Porch Features: Deck Main Level, Screened
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener, Side Load Garage, Storage
  • Garage Parking Other: Service Door
  • Garage Sq Ft: 506

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Baseboard, Forced Air, Electric, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 435
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Maintenance Grounds, Nature Area, Snow Removal, Tennis Court(s), Other

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 1960
  • Parcel Number: 490325114024000800
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3822
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1911
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 26, 2020
Sold by
Dennis Carol L
Bought by
Holmes Andrew D and Scanlan-Holmes Carolyn J
Seller's Agent
George Landrigan
GB Landrigan & Company
Buyer's Agent
Joe Bottorff
Doc Real Estate, Inc
List Price
$389,900
Sold Price
$315,000
Premium/Discount to List
-$74,900
-19.21%
Current Estimated Value
$487,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,483
Avg. Annual Appreciation
8.81%
Original Mortgage
$252,000
Outstanding Balance
$224,363
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$263,120
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
Holmes Andrew D -- Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Andrew D $26,600
Open Holmes Andrew D $252,000
Previous Owner Dennis Carol L $380,000
Previous Owner Dennis Carol L $100,000
Previous Owner Dennis Carol L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $315,000 -10.0% $121 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/18/2020 05/18/20 Price Changed $349,900 -6.7% $135 / Sq Ft
04/28/2020 04/28/20 Price Changed $374,900 -3.8% $144 / Sq Ft
03/20/2020 03/20/20 For Sale $389,900 -- $150 / 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 $4,652 $434,900 $62,200 $372,700
2023 $4,652 $349,200 $61,200 $288,000
2022 $6,055 $349,200 $61,200 $288,000
2021 $5,017 $360,300 $50,200 $310,100
2020 $4,454 $339,500 $50,000 $289,500
2019 $4,266 $347,600 $50,100 $297,500
2018 $3,948 $329,700 $49,900 $279,800
2017 $3,863 $327,000 $49,900 $277,100
2016 $3,534 $321,800 $49,900 $271,900
2014 $3,332 $319,500 $49,800 $269,700
2013 $3,370 $319,500 $49,800 $269,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21700625

MIBOR Broker Listing Cooperative®

APN: 49-03-25-114-024.000-800