NOT LISTED FOR SALE

305 Morse Landing Dr Cicero, IN 46034

Estimated Value: $845,000 - $986,000

3 Beds
3.5 Baths
3,706 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $440,000 $119 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,378/month

101 Days on Market

Highlights

  • Spa
  • Skylights
  • Forced Air Heating and Cooling System
  • Wood Burning Stove
  • Walk-In Closet
  • Garage

About This Home

As of June 2016

Amazing opportunity for a water front property overlooking the main body of water on Morse Reservoir! This 3 bdrm 3.5 bath home is a must see with a beautiful, prvte, outdr living space that includes 2 decks, a scrndin porch & prvte dock! New roof. Spacious living rm w/ fireplace. Updtd ktchn w/ gas stve, nwr hrdwd flrs & grnte cntr tops. Frml dining rm, mstr & offce on main lvl. Bsmnt has prvte rm & full bath, rdy to host! Come take a look now & feel like you are on vacation in your own home!

Last Agent to Sell the Property

Sumer Sharp-Bryan

Coldwell Banker - Kaiser License #RB14043183 Listed on: 02/08/2016

Coldwell Banker - Kaiser

Co-Listed By

Kia Albano

Coldwell Banker - Kaiser License #RB14050504

Last Buyer's Agent

David Galt

Keller Williams Indy Metro NE License #RB14041200

Keller Williams Indy Metro NE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,968

Year Built

  • Built in 1990

Lot Details

  • 0.4

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • Wood Burning Stove
  • Gas Log Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Spa
  • 0.4 Acre Lot

Community Details

  • Morse Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290601102017000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,968

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1990
  • Co List Office Phone: 317-844-1131
  • Garage Y N: Yes
  • Lot Size Acres: 0.4
  • Subdivision Name: MORSE LANDING
  • Inspection Warranties: Not Applicable
  • Property Description: Amazing opportunity for a water front property overlooking the main body of water on Morse Reservoir! This 3 bdrm 3.5 bath home is a must see with a beautiful, prvte, outdr living space that includes 2 decks, a scrndin porch & prvte dock! New roof. Spacious living rm w/ fireplace. Updtd ktchn w/ gas stve, nwr hrdwd flrs & grnte cntr tops. Frml dining rm, mstr & offce on main lvl. Bsmnt has prvte rm & full bath, rdy to host! Come take a look now & feel like you are on vacation in your own home!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Screens Complete, Skylight(s)
  • Living Area: 3706
  • Other Equipment: Hot Tub, Sump Pump
  • Room Count: 9
  • Areas Interior: Bath Sinks Dbl Main,Laundry Room Main Level
  • Eating Area: Center Island,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2172
  • Main Level Sq Ft: 1662
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Deck,Tub Full with Separate Shower,Main Level,Closet Walk in
  • Total Sq Ft: 3706
  • Below Grade Sq Ft: 1534
  • Upper Level Sq Ft: 510
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 485000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Wood Stove
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 290601102017000011
  • Acres: 1/4-1/2 Acre
  • Lot Information: Dock Owned,Lakefront
  • Lot Number: 102
  • Lot Size: 119x220

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3968
  • Semi Annual Property Tax Amt: 1984
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Hamilton Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Jun 10, 2016
Sold by
Mauro Michael D and Mauro Vicki J
Bought by
Troutman Keith A and Troutman Sherry B
Seller's Agent
Sumer Sharp-Bryan
Coldwell Banker - Kaiser
Buyer's Agent
David Galt
Keller Williams Indy Metro NE
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Total Days on Market
101
Current Estimated Value
$917,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,085
Avg. Annual Appreciation
7.63%
Original Mortgage
$260,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Troutman Keith A -- Mtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troutman Keith A $196,000
Closed Troutman Keith A $260,000
Previous Owner Mauro Michael D $157,500
Previous Owner Mauro Michael D $162,900
Previous Owner Mauro Michael D $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $440,000 0.0% $119 / Sq Ft
05/20/2016 05/20/16 Off Market $440,000 -- --
05/11/2016 05/11/16 For Sale $485,000 +10.2% $131 / Sq Ft
04/21/2016 04/21/16 Off Market $440,000 -- --
03/03/2016 03/03/16 Price Changed $485,000 -2.8% $131 / Sq Ft
02/08/2016 02/08/16 For Sale $499,000 -- $135 / 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 $6,136 $733,000 $336,600 $396,400
2023 $6,136 $610,300 $336,600 $273,700
2022 $5,206 $522,900 $252,500 $270,400
2021 $4,968 $499,200 $252,500 $246,700
2020 $5,030 $505,300 $252,500 $252,800
2019 $4,809 $483,200 $185,100 $298,100
2018 $4,646 $460,600 $185,100 $275,500
2017 $4,591 $455,100 $185,100 $270,000
2016 $4,658 $461,800 $185,100 $276,700
2014 $3,968 $392,800 $185,100 $207,700
2013 $3,968 $386,100 $185,200 $200,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21397456

MIBOR Broker Listing Cooperative®

APN: 29-06-01-102-017.000-011