NOT LISTED FOR SALE

Estimated Value: $506,048 - $858,000

3 Beds
3.5 Baths
4,754 Sq Ft
$275/mo HOA Fee

Last Sold August 20, 2014

Last sale price $295,000 $62 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,923/month

418 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room with Fireplace
  • Whirlpool Bathtub
  • Summit Middle School Rated A-
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of August 2014

The ultimate in luxury living! The details will amaze you and include very large, spacious rooms. There are 2 wet bars, 1 in the great room that has a soaring vaulted ceiling and 1 in the family room that includes a side by side refrigerator, dishwasher, 2 burner cooktop. The private master suite has bedroom with sitting area and 2 walk-in closets open to a warm den with fireplace. There is an elegant light master bath with separate large vanities, 2 built-in vanities, Jacuzzi and walk-in shower ,with steam shower. The Grabill kitchen and breakfast area has an island and 2 of the 6 skylights in the home. For outside living there is a screen porch and deck overlooking a pond. This is truly a home designed with the finest detail! There is no homestead exemption on this properthy. If a new owner filed a Homestead Exemption, the taxes would be $3359.00

Last Agent to Sell the Property

Alan McMahan

Coldwell Banker Real Estate Gr Listed on: 04/16/2013

Last Buyer's Agent

Alan McMahan

Coldwell Banker Real Estate Gr Listed on: 04/16/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,892

Year Built

  • Built in 1983

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Screened Porch
  • Home Security System
  • Gas Dryer Hookup

Kitchen

  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub
  • Garden Bath

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Suburban Location

Utilities

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

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 02-11-13-228-197.000-075

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,892

Year Built

Built in 1983

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1983
  • Age: 31
  • Style: Two Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: Covington Creek Condominiums, Phase XXIII, Home 9
  • Parcel Number ID: 02-11-13-228-197.000-075
  • Platted: Yes
  • Amenities: Alarm System-Security, Bar, Built-In Bookcase, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Jet Tub, Jet/Garden Tub, Kitchen Island, Porch Screened, Six Panel Doors, Skylight(s), Split Br Floor Plan, Wet Bar
  • Location: City/Town/Suburb
  • Section Number: 23
  • Sp Lp Percent: 92.91
  • Special Features: None

Interior Features

  • Total Sq Ft: 4991
  • Total Finished Sq Ft: 4754
  • Above Grade Finished Sq Ft: 3436
  • Below Grade Finished Sq Ft: 1318
  • Below Grade Sq Ft: 237
  • Price Per Sq Ft: 85.86
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 3
  • Fireplace: Den, Family Rm, Living/Great Rm
  • Living Great Room: Dimensions: 22x27, On Level: Main
  • Kitchen: Dimensions: 15x22, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 13x17, On Level: Main
  • Family Room: Dimensions: 22x27, On Level: Lower
  • Den: Dimensions: 15x18, On Level: Main
  • Recreation Room: On Level: N/A
  • Bedroom 1: Dimensions: 15x23, On Level: Main
  • Bedroom 2: Dimensions: 14x15, On Level: Main
  • Bedroom 3: Dimensions: 15x15, On Level: Lower
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Main Level Sq Ft: 2160
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1555

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x25
  • Garage Sq Ft: 600

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: City
  • Laundry: Dimensions: 7xMain, On Level: 10

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 275
  • Association Fees Frequency: Monthly
  • Common Amenities: Security

Schools

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

Lot Info

  • Lot Number: 9
  • Zoning: R1 - Single Family Residential

Tax Info

  • Annual Taxes: 6892
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2013
Closed on
Aug 20, 2014
Sold by
Sheets Philip T
Bought by
Mastbaum Leonard I and Mastbaum Mildred G
Seller's Agent
Alan McMahan
Coldwell Banker Real Estate Gr
Buyer's Agent
Alan McMahan
Coldwell Banker Real Estate Gr
List Price
$329,500
Sold Price
$295,000
Premium/Discount to List
-$34,500
-10.47%
Current Estimated Value
$620,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,012
Avg. Annual Appreciation
6.87%
Original Mortgage
$206,500
Outstanding Balance
$157,397
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$462,615

Purchase Details

Closed on
Jun 26, 2004
Sold by
Sheets Philip T and Sheets Marsha L
Bought by
Sheets Philip T and The Sheets Family Trust
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
Mastbaum Leonard I -- None Available
Sheets Philip T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastbaum Leonard I $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $295,000 -10.5% $62 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
04/16/2013 04/16/13 For Sale $329,500 -- $69 / 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 $4,456 $438,800 $44,500 $394,300
2023 $4,456 $418,000 $25,000 $393,000
2022 $4,258 $395,800 $25,000 $370,800
2021 $3,815 $364,800 $25,000 $339,800
2020 $3,726 $355,400 $25,000 $330,400
2019 $3,669 $348,300 $25,000 $323,300
2018 $4,185 $395,800 $25,000 $370,800
2017 $3,840 $362,500 $25,000 $337,500
2016 $3,747 $349,500 $25,000 $324,500
2014 $7,817 $368,500 $25,000 $343,500
2013 $7,131 $334,100 $25,000 $309,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201303800

Indiana Regional MLS

APN: 02-11-13-228-197.000-075