NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,571,000

5 Beds
6 Baths
7,007 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $735,000 $105 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,507/month

337 Days on Market

Highlights

  • Family Room with Fireplace
  • Vaulted Ceiling
  • Tray Ceiling
  • Cherry Tree Elementary School Rated A
  • Community Pool
  • Built-in Bookshelves

About This Home

As of March 2016

A masterpiece in one of Carmel's most popular neighborhoods. Meticulously maintained, this home has an incredible layout and design. Large open kitchen perfect for entertaining. Bright hearth room which opens to private backyard. Enormous command center with built-in cubbies & desk off back door. Upstairs bonus room with separate staircase perfect for playroom or private retreat. Custom finished garage with built-in sports lockers, storage system and workshop. Exquisite finishes throughout.

Last Agent to Sell the Property

Carrie Holle

Compass Indiana, LLC License #RB14046455 Listed on: 03/16/2015

Compass Indiana, LLC

Last Buyer's Agent

Valerie Hooton

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 2003

Lot Details

  • 0.48 Acre Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Sound System
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Attic Access Panel

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 291019210010000018

Community Details

Overview

  • Association fees include clubhouse, maintenance, pool
  • Foster Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,670

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.48
  • Subdivision Name: FOSTER ESTATES
  • Inspection Warranties: General
  • Property Description: A masterpiece in one of Carmel's most popular neighborhoods. Meticulously maintained, this home has an incredible layout and design. Large open kitchen perfect for entertaining. Bright hearth room which opens to private backyard. Enormous command center with built-in cubbies & desk off back door. Upstairs bonus room with separate staircase perfect for playroom or private retreat. Custom finished garage with built-in sports lockers, storage system and workshop. Exquisite finishes throughout.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Gas Oven, Oven, Convection Oven, Trash Compactor, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Great Room, Hearth Room
  • Fireplaces: 3
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s)
  • Living Area: 7007
  • Other Equipment: Security Alarm Monitored, Smoke Detector, Sump Pump, Surround Sound, Water-Softener Owned
  • Room Count: 14
  • Areas Interior: Foyer - 2 Story,Bath Jack-n-Jill,Living Room Formal
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Kitchen Updated
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 4719
  • Main Level Sq Ft: 2288
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Master Bedroom Description: Tub Full with Separate Shower,Suite,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 7007
  • Below Grade Sq Ft: 2288
  • Upper Level Sq Ft: 2431
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 6.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 799000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 4+ Car Attched
  • Garage Parking Other: Finished Garage,Side Load Garage,Service Door,Storage Area,Workshop

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: None

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Maintenance, Pool
  • Mandatory Fee: 400

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 291019210010000018
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 262
  • Lot Size: 20909

Tax Info

  • Tax Annual Amount: 5670
  • Semi Annual Property Tax Amt: 2835
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Searles Jr Michael D and Searles Paula M
Bought by
Michael D Searles Jr And Paula M Panone-Searl
Current Estimated Value
$1,265,520

Purchase Details

Closed on
Nov 7, 2016
Sold by
Panone Paul J and Panone Michele A
Bought by
Serales Michael D and Panone Searles Paula M

Purchase Details

Listed on
Mar 16, 2015
Closed on
Mar 14, 2016
Sold by
Mctigue Vanessa
Bought by
Panone Paul J and Panone Michele A
Seller's Agent
Carrie Holle
Compass Indiana, LLC
Buyer's Agent
Valerie Hooton
CENTURY 21 Scheetz
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$500,000
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Michael D Searles Jr And Paula M Panone-Searl -- Rebecca W Geyer & Associates P
Serales Michael D -- None Available
Panone Paul J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panone Paul J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $735,000 0.0% $105 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/30/2016 01/30/16 Off Market $735,000 -- --
01/06/2016 01/06/16 For Sale $799,000 +8.7% $114 / Sq Ft
12/31/2015 12/31/15 Off Market $735,000 -- --
09/30/2015 09/30/15 Price Changed $799,000 -3.6% $114 / Sq Ft
09/01/2015 09/01/15 Price Changed $829,000 0.0% $118 / Sq Ft
09/01/2015 09/01/15 For Sale $829,000 +12.8% $118 / Sq Ft
04/17/2015 04/17/15 Off Market $735,000 -- --
03/16/2015 03/16/15 For Sale $839,000 -- $120 / 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 $9,566 $822,500 $148,700 $673,800
2023 $9,591 $839,100 $148,700 $690,400
2022 $9,213 $798,300 $120,300 $678,000
2021 $7,923 $694,400 $120,300 $574,100
2020 $7,557 $663,100 $120,300 $542,800
2019 $7,532 $660,900 $117,500 $543,400
2018 $7,392 $660,900 $117,500 $543,400
2017 $7,002 $626,500 $117,500 $509,000
2016 $5,957 $542,000 $117,500 $424,500
2014 $5,622 $513,900 $109,800 $404,100
2013 $5,622 $518,400 $109,800 $408,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21340994

MIBOR Broker Listing Cooperative®

APN: 29-10-19-210-010.000-018