NOT LISTED FOR SALE

Estimated Value: $385,000 - $430,000

3 Beds
2 Baths
1,507 Sq Ft
$415/mo HOA Fee

Last Sold April 28, 2023

Last sale price $385,000 $255 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,070/month

Highlights

  • Lake Front
  • Marina View
  • Lake Privileges
  • Hinkle Creek Elementary School Rated A-
  • Boat Slip
  • Mature Trees

About This Home

As of April 2023

Welcome to the Lake Life at Waterscape at Morse Reservoir! This no stairs, ground floor 3 bedroom, 2 full bath ranch condo has a water view & is just steps away from the Marina. This condo has many recent updates including a completely updated Kitchen w/Corian countertops, reverse osmosis & stainless steel appliances. Master Bath w/granite countertops, tiled shower, new toilets, updated lighting and ceiling fans throughout (see recent updates for complete list). The home boasts a large inviting deck and a deeded, covered boat dock (#117) w/lift just steps away. Waterscape has been completely renovated w/new roofs, siding, boat docks & seawall. There are 2 private beaches, also just a quick walk from Harbour Trees Beach Club & Golf Course.

Last Agent to Sell the Property

Steven Hannoy

Pursuit Realty, LLC License #RB14050373 Listed on: 03/26/2023

Co-Listed By

Leslie Luebcke

Pursuit Realty, LLC License #RB14035407

Last Buyer's Agent

Matthew Meyers

Encore Sotheby's International

Encore Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • Lake Front
  • No Units Located Below
  • Mature Trees

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Marina
  • Lake
  • Neighborhood

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,507 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • Boat Slip
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 14
  • Assessor Parcel Number 290614017003000013

Community Details

Overview

  • Association fees include insurance, lawncare, maintenance, management, snow removal
  • Association Phone (317) 253-1401
  • Waterscape Subdivision
  • Property managed by Ardsley Management-Chris Knoll
  • Community Lake

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,864

Year Built

Built in 1993 | Remodeled

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
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2022
  • Year Built: 1993
  • Building Area Total: 1507
  • Co List Office Phone: 317-585-8585
  • Garage Y N: Yes
  • Subdivision Name: Waterscape
  • Transaction Type: Sale
  • Accessibility Features YN: Yes
  • Lifestyles: Flat,Garden/Patio/Zero Lot
  • Unit Entry Level: G
  • MBR_AttributionContact: eshannoy@gmail.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Below
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Paddle Fan, Hardwood Floors, Eat-in Kitchen, Network Ready, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Thermal, Windows Vinyl
  • Living Area: 1507
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1507
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Direction Faces: South
  • Exterior Features: Boat Slip, Dock
  • Foundation Details: Slab
  • List Price: 385000
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Property Condition: Updated/Remodeled
  • View: Lake, Neighborhood, Water
  • View Y N: Yes
  • Waterfront Features: Lake Privileges, Lake Front, Marina
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Concrete, Garage Door Opener, Guest Parking
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 228

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Beach Access, Beach Rights, Boat Dock, Landscaping, Maintenance Grounds, Maintenance Structure, Management, Marina, Parking
  • Association Fee: 415
  • Association Fee Frequency: Monthly
  • Association Phone: 317-253-1401
  • Association YN: Yes
  • Community Features: Curbs, Lake, Sidewalks
  • Management Company Name: Ardsley Management-Chris Knoll
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Transfer Fee
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance, Management, Snow Removal

Lot Info

  • Lot Features: Sidewalks, Mature Trees, Other
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Parcel Number: 290614017003000013
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 4864
  • Tax Block: 14
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2432
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
May 4, 2023
Sold by
Diehl Nancy N
Bought by
Spahn Jeffrey T and Spahn Jaimi L
Seller's Agent
Steven Hannoy
Pursuit Realty, LLC
Buyer's Agent
Matthew Meyers
Encore Sotheby's International
List Price
$385,000
Sold Price
$385,000
Views
108
Current Estimated Value
$399,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,450
Avg. Annual Appreciation
1.52%
Original Mortgage
$308,000
Outstanding Balance
$299,482
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
Estimated Equity
$99,968

Purchase Details

Listed on
May 20, 2015
Closed on
Apr 8, 2016
Sold by
Perrin Brandie and Preston Brandie
Bought by
Diehl James E and Diehl Nancy N
Seller's Agent
Debbie Hines
Dropped Members
Buyer's Agent
Steven Hannoy
Pursuit Realty, LLC
List Price
$167,500
Sold Price
$163,500
Premium/Discount to List
-$4,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Aug 18, 2010
Sold by
James Carolyn A
Bought by
Preston Brandie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2001
Sold by
Dugan Bruce L and Dugan Carla A
Bought by
James James A and James Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
6.6%

Purchase Details

Closed on
May 9, 2001
Sold by
Mcdonald Carla Ackil
Bought by
Dugan Bruce L and Dugan Carla A
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
Spahn Jeffrey T $385,000 First American Title
Diehl James E -- First American Title
Preston Brandie -- First American Title Ins Co
James James A -- --
Dugan Bruce L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spahn Jeffrey T $308,000
Previous Owner Preston Brandie $123,700
Previous Owner James James A $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $385,000 0.0% $255 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/26/2023 03/26/23 For Sale $385,000 +135.5% $255 / Sq Ft
04/08/2016 04/08/16 Sold $163,500 0.0% $107 / Sq Ft View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
03/25/2016 03/25/16 Off Market $163,500 -- --
03/18/2016 03/18/16 Price Changed $166,500 -0.6% $109 / Sq Ft
01/29/2016 01/29/16 For Sale $167,500 +2.4% $109 / Sq Ft
01/08/2016 01/08/16 Off Market $163,500 -- --
11/20/2015 11/20/15 For Sale $170,000 +4.0% $111 / Sq Ft
10/25/2015 10/25/15 Off Market $163,500 -- --
10/09/2015 10/09/15 Price Changed $170,000 -2.9% $111 / Sq Ft
10/03/2015 10/03/15 Price Changed $175,000 -1.7% $114 / Sq Ft
09/26/2015 09/26/15 Price Changed $178,000 -1.7% $116 / Sq Ft
09/21/2015 09/21/15 Price Changed $181,000 -2.7% $118 / Sq Ft
09/04/2015 09/04/15 Price Changed $186,000 -1.6% $121 / Sq Ft
08/25/2015 08/25/15 Price Changed $189,000 -1.6% $123 / Sq Ft
08/11/2015 08/11/15 Price Changed $192,000 -1.5% $125 / Sq Ft
07/27/2015 07/27/15 Price Changed $195,000 -2.5% $127 / Sq Ft
06/19/2015 06/19/15 Price Changed $199,900 -4.8% $130 / Sq Ft
06/01/2015 06/01/15 Price Changed $209,900 -2.8% $137 / Sq Ft
05/20/2015 05/20/15 For Sale $216,000 -- $141 / 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 $6,511 $286,700 -- $286,700
2023 $6,511 $264,000 $0 $264,000
2022 $6,282 $249,500 $0 $249,500
2021 $5,206 $207,000 $0 $207,000
2020 $4,863 $188,100 $0 $188,100
2019 $4,209 $170,400 $0 $170,400
2018 $4,380 $173,200 $0 $173,200
2017 $4,008 $165,200 $0 $165,200
2016 $3,588 $149,800 $0 $149,800
2014 $1,610 $137,600 $0 $137,600
2013 $1,610 $139,400 $0 $139,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21902620

MIBOR Broker Listing Cooperative®

APN: 29-06-14-017-003.000-013