$995,000
SOLD APR 11, 2025

23557 Colt Way Cicero, IN 46034

4 Beds
3.5 Baths
4,204 Sq Ft
10.93 Acres

Recently Sold

$237 Per Sq Ft

9% Below List Price

150 Days on Market

Highlights

  • View of Trees or Woods
  • 10.93 Acre Lot
  • Mature Trees
  • Updated Kitchen
  • Craftsman Architecture
  • Two Way Fireplace

About This Home

As of April 2025

This stunning 10.93-acre property, located in Charming Cicero*, offers over 4,200 sq. ft. of finished living space-ideal for those seeking tranquility & the potential for equestrian use. The homestead is one of 5 parcels in this quiet neighborhood and features 4BR, including the Primary Bedroom ensuite with double vanity, 2 large walk in closets, waterfall jacuzzi, separate shower & private entry, spacious Den & 3.5BA. The open-concept layout is perfect for family living & entertaining. A grand, 20ft, floor-to-ceiling two-sided stone fireplace welcomes you & all who visit. Additionally, the gorgeous 20ft picture windows & sliding French doors, frame the mature tree lines & expansive & private lot, allowing you to enjoy breathtaking sunrises & sunsets. The partially finished-full lower level includes a newly completed BR, media room, & full BA and walkout access with ample space to add a rec room, bar, or gym, along with other versatile living areas. The foundation is by Superior Walls, a custom precast concrete foundation. Outdoors, you'll find a unique She-Shed, divided to serve as both a storage shed & a hobby space...plus a fire pit. While not currently set up for horses, the property offers plenty of potential for equestrian use. This home offers new owners opportunity to update and personalize to their personal likeness. The roof is new as of Aug '24 and New geothermal in Oct '22. Priced to sell "As Is" but inspection is welcomed. Conveniently located and just 5 minutes from Morse Lake, 12 minutes from shopping & dining at Clay Terrace area, easy access to medical & more, plus only 45 minutes from Indianapolis International Airport. This estate strikes the perfect balance between rural charm & modern convenience, with soon-to-be easy access to 31. Schedule a tour today to explore all the possibilities this exceptional property has to offer! *NOTE- the property tax records can be found under the property previously named address- 4307 236th St, Cicero, IN.

Last Agent to Sell the Property

DEB RANEK

Indy HomeTeam Realty Brokerage Email: Deb@IndyHomeTeamRealty.com License #RB14047399 Listed on: 10/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 2007

Lot Details

  • 10.93 Acre Lot
  • Cul-De-Sac
  • Mature Trees
  • Wooded Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Pasture
  • Rural

Home Design

  • Craftsman Architecture
  • Ranch Style House

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Two Way Fireplace
  • Fireplace Features Masonry
  • Wood Frame Window
  • Window Screens
  • Great Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress
  • Basement Lookout

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • Multiple Outdoor Decks
  • Fire Pit
  • Shed
  • Storage Shed
  • Porch

Schools

  • Hamilton Heights Elementary School
  • Hamilton Heights Middle School
  • Hamilton Heights High School

Utilities

  • Dual Heating Fuel
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Subdivision Not Available See Legal

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 290605510008002008
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,374

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Hallway - 36 Inch Wide, Accessible Entrance
  • Tax Year: 2023
  • Year Built: 2007
  • Building Area Total: 7008
  • Garage Y N: Yes
  • Lot Size Acres: 10.93
  • On Market Date: 2024-10-14
  • Subdivision Name: Subdivision Not Available See Legal
  • Transaction Type: Sale
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: Deb@IndyHomeTeamRealty.com
  • Attribution Contact: Deb@IndyHomeTeamRealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Egress Window(s), Full, Partially Finished, Storage Space, Walk Out
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Trash Compactor, Washer
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 700
  • Fireplace Features: Two Sided, Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Bath Sinks Double Main, Vaulted Ceiling(s), Paddle Fan, Hardwood Floors, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Windows Wood, Wood Work Stained
  • Living Area: 4204
  • Main Level Bedrooms: 3
  • Areas Interior: Bedroom Other on Main,Great Room - 2 Story,Laundry in Unit,Utility Room,Other
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 3504
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Other
  • Direction Faces: Northeast
  • Exterior Features: Outdoor Fire Pit, Storage Shed, Other
  • Foundation Details: See Remarks, Other
  • List Price: 1050000
  • Patio And Porch Features: Deck Main Level, Multiple Decks, Porch Open
  • View: Pasture, Rural, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 726

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Cooling: Geothermal
  • Electric: 200+ Amp Service
  • Heating: Dual, Geothermal
  • Laundry Features: Connections Some, Laundry Room, Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Hamilton Heights Middle School

Lot Info

  • Lot Features: Cul-De-Sac, Mature Trees, Trees-Small (Under 20 Ft), Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None, Pasture
  • Lot Size Sq Ft: 476111
  • Parcel Number: 290605510008002008
  • Acres: 10-20 Acres
  • Price Acre: 91034

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 7374
  • Tax Block: 5
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 3687

MLS Schools

  • Elementary School: Hamilton Heights Elementary School
  • High School: Hamilton Heights High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Apr 11, 2025
Sold by
Spurgeon Ted and Spurgeon Tanya
Bought by
Baker Blayne T and Baker Taylor
Seller's Agent
DEB RANEK
Indy HomeTeam Realty
List Price
$1,095,000
Sold Price
$995,000
Premium/Discount to List
-$100,000
-9.13%
Views
312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.51%
Original Mortgage
$796,000
Outstanding Balance
$796,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$251,831

Purchase Details

Closed on
Mar 30, 2007
Sold by
Edwards Todd P and Edwards Shannon M
Bought by
Spurgeon Ted and Spurgeon Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
6.37%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $796,000 New Conventional
Previous Owner $150,000 Commercial
Previous Owner $31,000 Unknown
Previous Owner $594,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $995,000 -5.2% $237 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
11/07/2024 11/07/24 Price Changed $1,050,000 -4.1% $250 / Sq Ft
10/14/2024 10/14/24 For Sale $1,095,000 -- $260 / 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 $7,704 $827,700 $133,800 $693,900
2022 $7,800 $688,300 $127,400 $560,900
2021 $6,921 $641,700 $125,700 $516,000
2020 $6,338 $600,800 $125,600 $475,200
2019 $6,613 $735,300 $70,300 $665,000
2018 $7,271 $696,800 $70,700 $626,100
2017 $6,633 $642,700 $72,700 $570,000
2016 $6,481 $630,300 $73,600 $556,700
2014 $6,509 $623,800 $69,900 $553,900
2013 $6,509 $599,300 $67,500 $531,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22005606

MIBOR Broker Listing Cooperative®

APN: 29-06-05-510-008.002-008