NOT LISTED FOR SALE

2873 Locust Cir Indianapolis, IN 46227

Estimated Value: $284,000 - $379,000

4 Beds
2.5 Baths
2,504 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $223,000 $89 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,248/month

10 Days on Market

Highlights

  • Cathedral Ceiling
  • Bay Window
  • Forced Air Heating and Cooling System
  • Storm Windows
  • Woodwork
  • Garage

About This Home

As of May 2016

4 bedroom, 2 1/2 bath brick home in Perry Township. Large lot, basketball court, 3 car garage, fireplace, huge loft upstairs, mature trees, appliances stay, insulated garage doors. original owner

Last Listed By

Joe Sullivan

Sullivan Realty Group, LLC License #RB14031738 Listed on: 03/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1989

Lot Details

  • 0.59 Acre Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Bay Window
  • Window Screens
  • Sump Pump
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

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

Community Details

  • Perry Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491508119012000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1989
  • Garage Y N: Yes
  • Lot Size Acres: 0.59
  • Subdivision Name: PERRY WOODS
  • Inspection Warranties: Not Applicable
  • Property Description: 4 bedroom, 2 1/2 bath brick home in Perry Township. Large lot, basketball court, 3 car garage, fireplace, huge loft upstairs, mature trees, appliances stay, insulated garage doors. original owner
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Kit Exhaust, Microwave, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Screens Complete, Storms Complete, Window Bay Bow, Wood Work Stained
  • Living Area: 2504
  • Other Equipment: Network Ready, Smoke Detector, Sump Pump
  • Room Count: 9
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2504
  • Main Level Sq Ft: 1694
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Shower Stall Full,Main Level,Closet Walk in
  • Total Sq Ft: 2504
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 810
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 225000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491508119012000500
  • Acres: 1/2-1 Acre
  • Lot Information: Sidewalks,Suburban,Tree Mature
  • Lot Number: 8
  • Lot Size: 0.59

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2132
  • Semi Annual Property Tax Amt: 1066
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 18, 2016
Sold by
Gentry Dawn M
Bought by
Schott Adam M and Schott Stephanie
Seller's Agent
Joe Sullivan
Sullivan Realty Group, LLC
Buyer's Agent
Cheryl Christen
RE/MAX Advanced Realty
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Total Days on Market
10
Current Estimated Value
$339,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,639
Avg. Annual Appreciation
4.77%
Original Mortgage
$198,000
Outstanding Balance
$159,806
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$179,833

Range of Values:

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Average Value
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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
Schott Adam M -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schott Adam M $198,000
Previous Owner Gentry Dawn M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $223,000 -0.9% $89 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $225,000 -- $90 / 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 $4,160 $312,400 $58,600 $253,800
2023 $4,160 $308,000 $58,600 $249,400
2022 $3,876 $280,400 $58,600 $221,800
2021 $3,703 $263,400 $58,600 $204,800
2020 $3,417 $242,000 $58,600 $183,400
2019 $2,835 $205,300 $49,900 $155,400
2018 $2,631 $192,900 $49,900 $143,000
2017 $2,606 $191,100 $49,900 $141,200
2016 $2,531 $187,000 $49,900 $137,100
2014 $2,168 $181,700 $49,900 $131,800
2013 $2,172 $181,700 $49,900 $131,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21407277

MIBOR Broker Listing Cooperative®

APN: 49-15-08-119-012.000-500