NOT LISTED FOR SALE

Estimated Value: $334,000 - $371,000

4 Beds
3.5 Baths
2,686 Sq Ft
$129/Sq Ft Est. Value

Highlights

  • Vaulted Ceiling
  • Covered patio or porch
  • Walk-In Closet
  • Perry Meridian Middle School Rated A-
  • Woodwork
  • 5-minute walk to Jon Becker Playground

About This Home

As of December 2017

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

This Progress EnergySaver Home has been renovated to include energy-efficient features designed to conserve resources and may also help reduce energy costs.
Gorgeous 4-bedroom, 3-bathroom home in Indianapolis, IN! You will love the arched doorways, open layout and high ceilings throughout. The eat-in kitchen boasts an island, black appliances and a pantry for extra storage. The beautiful bay windows in the dining area near kitchen provide great natural light! The vaulted master suite includes a private bathroom with double sinks, a separate shower and a garden tub. The patio in the backyard is perfect for entertaining! Located in the Arapaho Ridge community, surrounded by the Southern Dunes Golf Course, which offers pools and tennis courts. Schedule your tour today.

Last Agent to Rent the Property

MARCELENE EDWARDS

Progress Residential Property Listed on: 11/06/2017

Last Renter's Agent

MARCELENE EDWARDS

Progress Residential Property Listed on: 11/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,882

Year Built

  • Built in 2006

Lot Details

  • 0.27

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Covered patio or porch
  • 0.27 Acre Lot

Community Details

  • Arapaho Ridge Subdivision
  • Property managed by Progress Residential

Listing and Financial Details

  • Security Deposit $1,630
  • Tenant pays for insurance, all utilities
  • The owner pays for ho fee, no utilities
  • Assessor Parcel Number 491416111061000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,882

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 1630.00
  • Min Lease Req: 12
  • Pet Deposit: 3189
  • Security Deposit: 1630
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential Lease
  • New Construction: No
  • Year Built: 2006
  • Garage Y N: Yes
  • Lot Size Acres: 0.268
  • Subdivision Name: ARAPAHO RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Gorgeous 4 bedroom, 3 bathroom home in Indianapolis, IN! You will love the arched doorways, open layout and high ceilings throughout. The eat-in kitchen boasts an island, black appliances and a pantry for extra storage. The beautiful bay windows in the dining area near kitchen provide great natural light! The vaulted master suite includes a private bathroom with double sinks, a separate shower and a garden tub. The patio in the backyard is perfect for entertaining! Located in the Arapaho Ridge community, surrounded by the Southern Dunes Golf Course, which offers pools and tennis courts. 750 off your first month!
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Wood Work Painted
  • Living Area: 2686
  • Other Equipment: Smoke Detector
  • Owner Pays: HO Association Fee, No Utilities
  • Room Count: 9
  • Areas Interior: Foyer Small
  • Eating Area: Breakfast Room,Center Island,Dining-L,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2686
  • Main Level Sq Ft: 2202
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Garden
  • Total Sq Ft: 2686
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 484
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 1630
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Pets Allowed: W/Approval
  • Management Company Name: Progress Residential
  • Management Company Phone: 800-218-4796

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491416111061000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Trees Small
  • Lot Number: 75
  • Lot Size: 11674

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Progress Residential Borrower 5L Llc
Bought by
Progress Residential Borrower 8 Llc
Current Estimated Value
$348,299

Purchase Details

Closed on
Sep 28, 2018
Sold by
Progress Res Borrower 5 Llc
Bought by
Progress Res Borrower 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,318,800
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2016
Sold by
Freo Indiana Llc
Bought by
Progress Residential 2016-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,093
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2015
Sold by
Fannie Mae
Bought by
Freo Indiana Llc

Purchase Details

Closed on
Dec 18, 2014
Sold by
Cheatum Debbie L and Jpmorgan Chase Bank National A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 9, 2006
Sold by
Trinity Homes Llc
Bought by
Cheatum Debbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,690
Interest Rate
6.41%
Mortgage Type
Stand Alone Second
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
Progress Residential Borrower 8 Llc -- None Available
Progress Res Borrower 5 Llc -- None Available
Progress Residential 2016-1 Borrower Llc -- None Available
Freo Indiana Llc -- First American Title Ins Co
Fannie Mae $246,575 None Available
Cheatum Debbie L -- None Available
Trinity Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Progress Res Borrower 5 Llc $103,318,800
Previous Owner Progress Residential 2016-1 Borrower Llc $876,093
Previous Owner Progress Residential 2016-1 Borrower Llc $876,093
Previous Owner Trinity Homes Llc $43,690
Previous Owner Cheatum Debbie L $174,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Price Changed $2,335 +0.2% $1 / Sq Ft
09/30/2024 09/30/24 For Rent $2,330 +42.9% --
12/08/2017 12/08/17 Rented $1,630 0.0% --
11/28/2017 11/28/17 Under Contract -- -- --
11/06/2017 11/06/17 For Rent $1,630 -1.2% --
02/12/2016 02/12/16 Rented -- -- --
01/30/2016 01/30/16 For Rent $1,649 0.0% --
11/23/2015 11/23/15 Rented -- -- --
10/29/2015 10/29/15 For Rent $1,649 -- --
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 $7,882 $320,800 $46,000 $274,800
2023 $7,882 $305,800 $46,000 $259,800
2022 $7,410 $282,800 $46,000 $236,800
2021 $6,130 $232,300 $46,000 $186,300
2020 $5,629 $211,800 $46,000 $165,800
2019 $5,482 $205,000 $33,700 $171,300
2018 $4,865 $183,500 $33,700 $149,800
2017 $5,122 $193,200 $33,700 $159,500
2016 $4,828 $181,700 $33,700 $148,000
2014 $4,571 $189,000 $33,700 $155,300
2013 $4,362 $179,900 $33,700 $146,200
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21523552

MIBOR Broker Listing Cooperative®

APN: 49-14-16-111-061.000-500