NOT LISTED FOR SALE

Estimated Value: $702,868 - $792,000

5 Beds
4.5 Baths
4,570 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $555,000 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,598/month

3 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Homestead Senior High School Rated A
  • 0.81 Acre Lot
  • Partially Wooded Lot

About This Home

As of February 2020

You'll love the location of this impeccably kept home in Inverness Lakes. The unique style will captivate you from the time you drive up. The home boasts 5 bedrooms, 5 baths and has been completely updated from top to bottom.The great room with abundant light is open to the beautifully updated kitchen. The island is a perfect place to sit for breakfast or that extra work space for the cook in the household. There's a formal dining area, in addition to the eat-in area, perfect for entertaining. Entertaining? The crowd can overflow to the screened porch and balcony attached to the wraparound porch. There are TWO MASTER ENSUTIES, one on the main floor and one on the second level. The bathrooms attached to these bedrooms both have double vanities, walk-in closets, beautiful tile showers. and tile flooring. A soaking tub in the master bath on the first level is the perfect place to relax. Saying that there's an abundant amount of closet and storage space in this home is definitely an understatement. The walkout basement leads to the private outdoor space with stamped concrete, a built-in grill with counter space, and hot tub for those relaxing evenings. Soak in the hot tub and then go sit by the fireplace in the cozy basement. This home has so many extras. An irrigation system, alarm system, newer landscaping, landscape lighting, screened porch, 3rd bay with taller door, custom window treatments, custom blinds, and a special room in the basement are just a few of the extra features. All of this is so close to shopping, great restaurants, and the Aboite Trails.

Last Agent to Sell the Property

Cindy Bluhm

Mike Thomas Assoc., Inc Listed on: 01/09/2020

Mike Thomas Assoc., Inc

Last Buyer's Agent

Beth Goldsmith

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 2010

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 166x199
  • Sloped Lot
  • Irrigation
  • Partially Wooded Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Asphalt Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Garden Bath

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Deer Ridge Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Spa
  • Suburban Location

Community Details

  • Inverness Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-12-353-006.000-075

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,484

Year Built

Built in 2010

Lot Details

0

HOA Fees

$44 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2010
  • Age: 10
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Inverness Lakes Section V Lot 130
  • Parcel Number ID: 02-11-12-353-006.000-075
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Alarm System-Security, Ceiling-9+, Closet(s) Walk-in, Countertops-Stone, Deck Open, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Garden Tub, Jet/Garden Tub, Irrigation System, Kitchen Island, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Custom Cabinetry, Jack & Jill Bath
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 99.12
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5150
  • Total Finished Sq Ft: 4570
  • Above Grade Finished Sq Ft: 3212
  • Below Grade Finished Sq Ft: 1358
  • Below Grade Sq Ft: 580
  • Price Per Sq Ft: 172.79
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 17x15, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Breakfast Room: Dimensions: 11x8, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 24x14, On Level: Lower
  • Den: Dimensions: 13x10, On Level: Main
  • Recreation Room: Dimensions: 24x11, On Level: Lower
  • Extra Room: Sitting Area, Dimensions: 18x11
  • Bedroom 1: Dimensions: 17x14, On Level: Main
  • Bedroom 2: Dimensions: 21x12, On Level: Upper
  • Bedroom 3: Dimensions: 16x10, On Level: Upper
  • Bedroom 4: Dimensions: 15x12, On Level: Upper
  • Bedroom 5: Dimensions: 15x11, On Level: Lower
  • Loft: Dimensions: 10x10, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1938

Exterior Features

  • Exterior: Vinyl, Cement Board
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 11

Condo/Co-op/Association

  • Association Fees: 525
  • Association Fees Frequency: Annually

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Deer Ridge
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Deer Ridge

Lot Info

  • Lot Description: Partially Wooded, Slope
  • Lot Dimensions: 166x199
  • Estimated Lot Sq Ft: 35284
  • Estimated Lot Size Acres: 0.81

Tax Info

  • Annual Taxes: 4484
  • Exemptions: Mortgage

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 26, 2020
Sold by
Joyce Phillips and Joyce Mary
Bought by
Farver John W and Farver Megan L
Seller's Agent
Cindy Bluhm
Mike Thomas Assoc., Inc
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$559,900
Sold Price
$555,000
Premium/Discount to List
-$4,900
-0.88%
Current Estimated Value
$754,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,717
Avg. Annual Appreciation
5.59%
Original Mortgage
$510,400
Outstanding Balance
$452,885
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$301,832

Purchase Details

Listed on
Jan 9, 2020
Closed on
Feb 24, 2020
Sold by
Phillips Kent and Phillips Mary Joyce
Bought by
Farver John W and Farver Megan L
Seller's Agent
Cindy Bluhm
Mike Thomas Assoc., Inc
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$559,900
Sold Price
$555,000
Premium/Discount to List
-$4,900
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$452,885
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$301,832

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 16, 2019
Sold by
Stout Melissa L and Melissa L Stout Revocable Trus
Bought by
Phillips Kent and Phillips Mary Joyce
Seller's Agent
Lynn Reecer
Reecer Real Estate Advisors
Buyer's Agent
Charla Sheray
Coldwell Banker Real Estate Gr
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$420,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Stout Melissa L
Bought by
Stout Melissa L and The Melissa L Stout Revocable Trust

Purchase Details

Closed on
Jan 30, 2017
Sold by
Stout Melissa L and Albright Thomas W
Bought by
Stout Melissa L

Purchase Details

Listed on
Aug 29, 2014
Closed on
Apr 15, 2015
Sold by
Peterson Mark and Peterson Christine
Bought by
Stout Melissa L and Albright Thomas W
Seller's Agent
James Reecer
Keller Williams Realty Group
Buyer's Agent
James Reecer
Keller Williams Realty Group
List Price
$445,900
Sold Price
$410,000
Premium/Discount to List
-$35,900
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$328,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jul 18, 2012
Sold by
Udris Andi and Udris Cindy
Bought by
Peterson Mark and Peterson Christine
Seller's Agent
Beth Goldsmith
North Eastern Group Realty
Buyer's Agent
Wendy Bellamy
Mike Thomas Assoc., Inc
List Price
$475,000
Sold Price
$380,000
Premium/Discount to List
-$95,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$361,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Gohil Ajay D
Bought by
Udris Andi and Udris Cindy

Purchase Details

Closed on
Sep 2, 2009
Sold by
Gohil Shraddha A and Mahida Shraddha
Bought by
Gohil Ajay D

Purchase Details

Closed on
Dec 4, 2003
Sold by
Schenkel Douglas P
Bought by
Gohil Ajay D and Gohil Shraddha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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
Farver John W $678,832 Metropolitan Title
Farver John W -- Metropolitan Title Of In Llc
Phillips Kent -- None Available
Stout Melissa L -- None Available
Stout Melissa L -- None Available
Stout Melissa L -- Metropolitan Title Of Indian
Peterson Mark -- Metropolitan Title Of Indian
Udris Andi -- Metropolitan Title Of In
Gohil Ajay D -- Metropolitan Title Of In
Gohil Ajay D -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farver John W $510,400
Closed Farver John W $510,400
Previous Owner Phillips Kent $420,000
Previous Owner Stout Melissa L $328,000
Previous Owner Peterson Mark $361,000
Previous Owner Gohil Ajay D $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2020 02/25/20 Sold $555,000 -0.9% $121 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $559,900 +6.6% $123 / Sq Ft
05/16/2019 05/16/19 Sold $525,000 -4.5% $104 / Sq Ft View Prior Sale
03/18/2019 03/18/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $549,900 +34.1% $109 / Sq Ft
04/15/2015 04/15/15 Sold $410,000 -8.1% $81 / Sq Ft View Prior Sale
03/09/2015 03/09/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $445,900 +17.3% $88 / Sq Ft
07/24/2012 07/24/12 Sold $380,000 -20.0% $119 / Sq Ft View Prior Sale
06/22/2012 06/22/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $475,000 -- $148 / Sq Ft
Source: Indiana Regional MLS

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 $6,639 $654,600 $135,500 $519,100
2023 $6,639 $615,300 $88,000 $527,300
2022 $6,158 $565,500 $88,000 $477,500
2021 $5,545 $525,700 $88,000 $437,700
2020 $5,560 $525,300 $88,000 $437,300
2019 $4,982 $469,400 $88,000 $381,400
2018 $4,596 $432,400 $88,000 $344,400
2017 $4,484 $420,300 $88,000 $332,300
2016 $4,571 $426,500 $88,000 $338,500
2014 $3,664 $344,900 $88,000 $256,900
2013 -- $342,300 $88,000 $254,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202001153

Indiana Regional MLS

APN: 02-11-12-353-006.000-075