NOT LISTED FOR SALE

2811 Somerset Bay Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $183,000 - $237,708

2 Beds
1 Bath
890 Sq Ft
$262/mo HOA Fee

Last Sold April 16, 2018

Last sale price $104,000 $117 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,522/month

194 Days on Market

Highlights

  • Lake Front
  • Updated Kitchen
  • Clubhouse
  • Clearwater Elementary School Rated A-
  • Mature Trees
  • Deck

About This Home

As of April 2018

NEW EXTERIOR - NEW DECK - NEW PRICE! Check out this well maintained condo that is open, bright, airy and ready for move in! Outstanding END UNIT with unbeatable location provides all the features and amenities your looking for in a condo ON THE WATER. Recent updates include fresh paint, new flooring, and nice stainless steel appliance package. Awesome balcony just off living room has wonderful water views. Enjoy DELUXE condo lifestyle complete w/ boating, pool, tennis, and club house. Minutes to the cities best shopping, dining, Washington Township Schools, and interstate access. This one is worth a look!

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC License #RB14042717 Listed on: 09/06/2017

Compass Indiana, LLC

Last Buyer's Agent

Vicki Reed

Keller Williams Indy Metro NE License #RB14048058

Keller Williams Indy Metro NE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Mature Trees

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cedar

Interior Spaces

  • 890 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490230125002000800

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, maintenance structure, management, snow removal, tennis court(s)
  • Association Phone (317) 875-5600
  • Harbour Club Subdivision
  • Property managed by CASI

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,178

Year Built

Built in 1987

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1987
  • Building Area Total: 890
  • Garage Y N: No
  • Subdivision Name: Harbour Club
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: kyle@soldwithkyle.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Skylight(s), Breakfast Bar, Entrance Foyer, Hi-Speed Internet Availbl
  • Living Area: 890
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 890
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Tennis Community, Dock
  • List Price: 104000
  • Patio And Porch Features: Deck UP, Porch Open
  • Pool Features: Community, Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 2
  • Garage Parking Other: Guest Street Parking

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Heat Pump, Electric
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 262
  • Association Fee Frequency: Monthly
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Management Company Name: CASI
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Management, Snow Removal, Tennis Court(s)

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 6752
  • Parcel Number: 490230125002000800
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2178
  • Tax Lot: -
  • Semi Annual Property Tax Amt: 1089
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Howey Brian A
Bought by
Mueller Andrew
Current Estimated Value
$200,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2017
Closed on
Apr 16, 2018
Sold by
Roberts Sandra K
Bought by
Howey Brian A
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Vicki Reed
Keller Williams Indy Metro NE
List Price
$104,000
Sold Price
$104,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$102,116
Interest Rate
4.44%
Mortgage Type
FHA
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
Mueller Andrew $126,250 First American Title Insurance
Howey Brian A $104,000 Krieg Devault Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller Andrew $122,985
Previous Owner Mueller Andrew $117,826
Previous Owner Howey Brian A $102,116
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $104,000 0.0% $117 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $104,000 0.0% $117 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $104,000 -1.4% $117 / Sq Ft
10/27/2017 10/27/17 Price Changed $105,500 -2.2% $119 / Sq Ft
10/03/2017 10/03/17 Price Changed $107,900 -1.8% $121 / Sq Ft
09/06/2017 09/06/17 For Sale $109,900 -- $123 / 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 $1,951 $184,000 $24,600 $159,400
2023 $1,951 $173,700 $24,500 $149,200
2022 $2,032 $160,600 $24,400 $136,200
2021 $1,725 $141,100 $24,400 $116,700
2020 $1,642 $140,400 $24,400 $116,000
2019 $3,064 $128,400 $24,400 $104,000
2018 $2,804 $120,000 $24,300 $95,700
2017 $2,622 $113,400 $24,300 $89,100
2016 $2,238 $103,200 $24,300 $78,900
2014 $2,028 $98,400 $24,300 $74,100
2013 $2,111 $101,500 $24,300 $77,200
Source: Public Records

Agents Affiliated with this Home

  • Kyle Williams

    Seller's Agent in 2018

    Kyle Williams

    Compass Indiana, LLC

    (317) 445-0701

    197 Total Sales

    Section Image
  • Vicki Reed

    Buyer's Agent in 2018

    Vicki Reed

    Keller Williams Indy Metro NE

    (317) 919-7931

    61 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21511293

MIBOR Broker Listing Cooperative®

APN: 49-02-30-125-002.000-800

Indiana Marion County Indianapolis 46240 Clearwater

2811 Somerset Bay, Indianapolis, IN

This home is located at 2811 Somerset Bay, Indianapolis, IN 46240 since 06 September 2017 and is currently estimated at $199,427, approximately $224 per square foot. This property was built in 1987. 2811 Somerset Bay is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood Middle School, and North Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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