NOT LISTED FOR SALE

Estimated Value: $354,000 - $410,000

2 Beds
2 Baths
1,229 Sq Ft
$347/mo HOA Fee

Last Sold July 27, 2018

Last sale price $242,750 $198 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,737/month

6 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • 1 Car Attached Garage
  • Hinkle Creek Elementary School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of July 2018

Beautiful Condo in a Gated Community on Morse Lake. This 2 BDRM/ 2 BATH Condo offers a gorgeous Kitchen w/ granite counters, center island, S.S. appliances, gorgeous cabinets and hardwood floors. Living Room that steps out to balcony area with beautiful panoramic view of the lake. Huge Master w/ Jacuzzi tub, separate shower, walk-in closet and double vanity. Great size Laundry Room. Take a walk down to the dock owned to fully enjoy the beautiful water views. This Condo is a MUST SEE!

Last Agent to Sell the Property

Jason Hess

Compass Indiana, LLC License #RB14048495 Listed on: 06/21/2018

Compass Indiana, LLC

Last Buyer's Agent

Marj Sparks

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 2007

Lot Details

  • Lake Front

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Window Screens
  • Combination Kitchen and Dining Room
  • Storage
  • Laundry on main level
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Home Security

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 301
  • Assessor Parcel Number 290615009016000013

Community Details

Overview

  • Association fees include common cooling, common heat, lawncare, ground maintenance, maintenance structure, maintenance, snow removal, sewer
  • Association Phone (317) 262-4989
  • Mid-Rise Condominium
  • Villas On Morse Lake Subdivision
  • Property managed by Meridian Management

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,430

Year Built

Built in 2007

Lot Details

0

HOA Fees

$347 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2007
  • Building Area Total: 1229
  • Garage Y N: Yes
  • Subdivision Name: Villas On Morse Lake
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 3
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: MN
  • MBR_AttributionContact: jason.hess@compass.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Screens Complete, Storage, WoodWorkStain/Painted, Eat-in Kitchen, Hi-Speed Internet Availbl, Network Ready, Center Island, Pantry
  • Living Area: 1229
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1229
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1229

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Dock
  • Foundation Details: Slab
  • List Price: 250000
  • Pool Features: Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Assigned, Attached, Garage Door Opener, Heated

Utilities

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

Condo/Co-op/Association

  • Association Fee: 347
  • Association Fee Frequency: Monthly
  • Association Phone: 317-262-4989
  • Association YN: Yes
  • Management Company Name: Meridian Management
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Common Heat, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal, Sewer

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 290615009016000013
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5430
  • Tax Lot: 301
  • Semi Annual Property Tax Amt: 2715
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 26, 2018
Sold by
Burbrink David M and Burbrink Pamwela J
Bought by
Carpenter Jennifer J
Seller's Agent
Jason Hess
Compass Indiana, LLC
Buyer's Agent
Marj Sparks
F.C. Tucker Company
List Price
$250,000
Sold Price
$242,750
Premium/Discount to List
-$7,250
-2.9%
Current Estimated Value
$381,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,020
Avg. Annual Appreciation
6.09%
Original Mortgage
$193,600
Outstanding Balance
$74,399
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$293,695

Purchase Details

Closed on
Jun 12, 2014
Sold by
Catalyst Ht Llc
Bought by
Burbrink David M and Burbrink Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2009
Sold by
Fifth Third Bank
Bought by
Catalyst Ht Llc

Purchase Details

Closed on
Jul 9, 2009
Sold by
Harbour Town Ventures Ii Llc
Bought by
Fifth Third Bank
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
Carpenter Jennifer J -- None Available
Burbrink David M -- None Available
Catalyst Ht Llc -- Ctic
Fifth Third Bank $6,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Jennifer J $193,600
Previous Owner Burbrink David M $180,000
Previous Owner Burbrink David M $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $242,750 -2.9% $198 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $250,000 -- $203 / 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 $3,586 $308,100 $78,800 $229,300
2023 $3,586 $290,700 $78,800 $211,900
2022 $4,038 $313,400 $0 $313,400
2021 $3,648 $284,600 $0 $284,600
2020 $3,678 $278,800 $0 $278,800
2019 $3,048 $245,100 $0 $245,100
2018 $2,953 $232,400 $0 $232,400
2017 $5,430 $223,800 $0 $223,800
2016 $5,352 $223,100 $0 $223,100
2014 $5,434 $225,500 $0 $225,500
2013 $5,434 $217,100 $0 $217,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21570659

MIBOR Broker Listing Cooperative®

APN: 29-06-15-009-016.000-013