NOT LISTED FOR SALE

228 Ormond Ave Indialantic, FL 32903

Estimated Value: $1,310,000 - $1,498,000

4 Beds
3 Baths
3,392 Sq Ft
$423/Sq Ft Est. Value

About This Home

This home is located at 228 Ormond Ave, Indialantic, FL 32903 and is currently estimated at $1,434,680, approximately $422 per square foot. 228 Ormond Ave is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Welch Diane and Diane J Kelly Revocable Trust
Bought by
Gates Andrew L and Gates Pamela R
Current Estimated Value
$1,434,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,500
Outstanding Balance
$1,041,699
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$392,981

Purchase Details

Closed on
Mar 6, 2023
Sold by
Welch Diane Kelly
Bought by
Diane J Kelly Revocable Trust

Purchase Details

Closed on
Jun 25, 1998
Sold by
Edgerton John T and Edgerton Lynn H
Bought by
Welch Richard L W and Welch Diane Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Gates Andrew L $1,410,000 Echelon Title Services
Diane J Kelly Revocable Trust $100 --
Welch Richard L W $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Andrew L $1,057,500
Previous Owner Welch Richard L W $150,000
Source: Public Records

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
2025 $7,543 $892,020 -- --
2024 $7,370 $476,050 -- --
2023 $7,370 $462,190 $0 $0
2022 $6,946 $448,730 $0 $0
2021 $6,823 $416,610 $0 $0
2020 $6,825 $410,860 $0 $0
2019 $6,742 $401,630 $0 $0
2018 $6,787 $394,150 $0 $0
2017 $6,550 $386,050 $0 $0
2016 $6,614 $378,110 $252,240 $125,870
2015 $6,832 $375,490 $236,480 $139,010
2014 $6,890 $372,510 $189,180 $183,330
Source: Public Records

Map

Florida Brevard County Indialantic 32903

228 Ormond Ave, Indialantic, FL

Not Listed for Sale

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