NOT LISTED FOR SALE

Estimated Value: $386,382 - $472,000

3 Beds
2.5 Baths
1,688 Sq Ft
$415/mo HOA Fee

Last Sold September 21, 2023

Last sale price $400,000 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,916/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Attached Garage
  • Hinkle Creek Elementary School Rated A-
  • Enclosed Glass Porch
  • Eat-In Kitchen

About This Home

As of September 2023

Welcome to one of Morse Lake's premier condominium communities. This recently renovated 3 BR+2.5 bath townhouse with an attached garage and a glassed sunroom is located on a picturesque pond with a water fountain. There is easy access to a double wide boat slip#103 as well as the two Waterscape private beaches Walking distance to the Beach Club and close proximity to Harbour Trees Golf and Country Club (Separate membership required)

Last Agent to Sell the Property

John Weis

Compass Indiana, LLC Brokerage Email: jweis@c21scheetz.com License #RB16000897 Listed on: 08/25/2023

Compass Indiana, LLC

Last Buyer's Agent

Andy Sheets

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1994

Lot Details

  • 1,655

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Paddle Fans
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 29-06-14-020-008.000-013
  • Assessor Parcel Number 290614020008000013

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal
  • Association Phone (317) 259-0383
  • Waterscape Subdivision
  • Property managed by Ardsley Management
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,578

Year Built

Built in 1994

Lot Details

0

HOA Fees

$415 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1994
  • Building Area Total: 1688
  • Garage Y N: Yes
  • Subdivision Name: Waterscape
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Walk Up
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: jweis@c21scheetz.com
  • Attribution Contact: jweis@c21scheetz.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Range Hood, Washer, Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Insert, Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Screens Complete, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 1688
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 888
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Exterior Features: Dock
  • Foundation Details: Slab
  • List Price: 430000
  • Patio And Porch Features: Covered Patio, Deck Main Level, Glass Enclosed

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Concrete

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Beach Access, Boat Slip, Landscaping, Maintenance Grounds, Maintenance Structure, Pond Year Round, Snow Removal
  • Association Fee: 415
  • Association Fee Frequency: Monthly
  • Association Phone: 317-259-0383
  • Association YN: Yes
  • Community Features: Curbs, Street Lights
  • Management Company Name: Ardsley Management
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal

Lot Info

  • Lot Features: Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 290614020008000013
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2578
  • Tax Block: 0
  • Tax Lot: 29-06-14-020-008.000-013
  • Semi Annual Property Tax Amt: 1289
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 21, 2023
Sold by
Li Kathryn I
Bought by
Melin Andrew and Melin Karla
Seller's Agent
John Weis
Compass Indiana, LLC
Buyer's Agent
Andy Sheets
Compass Indiana, LLC
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%
Views
72
Current Estimated Value
$422,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,846
Avg. Annual Appreciation
2.75%
Original Mortgage
$380,000
Outstanding Balance
$349,212
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$73,634

Purchase Details

Closed on
Jul 29, 2005
Sold by
Wolfe James T
Bought by
Li Kathryn I
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
Melin Andrew -- None Listed On Document
Li Kathryn I -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melin Andrew $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $400,000 -7.0% $237 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $430,000 -- $255 / 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 $3,197 $287,700 -- $287,700
2023 $3,197 $260,300 $0 $260,300
2022 $3,138 $246,100 $0 $246,100
2021 $2,579 $204,500 $0 $204,500
2020 $2,392 $185,700 $0 $185,700
2019 $2,094 $170,900 $0 $170,900
2018 $2,142 $170,900 $0 $170,900
2017 $1,958 $163,100 $0 $163,100
2016 $1,735 $148,000 $0 $148,000
2014 $1,613 $137,800 $0 $137,800
2013 $1,613 $139,600 $0 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21933350

MIBOR Broker Listing Cooperative®

APN: 29-06-14-020-008.000-013