NOT LISTED FOR SALE

3238 Cherry Lake Ln Indianapolis, IN 46235

Far Eastside Neighborhood

Estimated Value: $228,000 - $237,685

4 Beds
2 Baths
1,480 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $107,000 $72 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,461/month

28 Days on Market

Highlights

  • Lake Front
  • Ranch Style House
  • Covered patio or porch
  • Home fronts a pond
  • Cathedral Ceiling
  • Thermal Windows

About This Home

As of September 2016

HOME WITH A LAKE VIEW!! Sit on the deck and enjoy an evening entertaining guests. Great home for a family who needs a 4th bedroom or office. Master is split from other bedrooms so could also be used as in-laws quarters. New roof, new garage door, fresh paint, new carpet in family room and new flooring in kitchen and baths. New furnace 2014 and new water heater 2013. Fenced in back yard with deck that overlooks the lake. This house will not be on the market long.

Last Agent to Sell the Property

Philmia Cole

Turnkey Realty of Indiana LLC Listed on: 08/01/2016

Co-Listed By

dave hunter

David Hunter

Last Buyer's Agent

Brent Andrews

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Cedar

Interior Spaces

  • 1,480 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Thermal Windows
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Cherry Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 125 / 5
  • Assessor Parcel Number 490822114012000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1989
  • Building Area Total: 1480
  • Co List Office Phone: 317-843-0011
  • Garage Y N: Yes
  • Lot Size Acres: 0.33
  • Subdivision Name: Cherry Lake
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: philmiajcole@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Windows Thermal, Paddle Fan, Eat-in Kitchen
  • Living Area: 1480
  • Main Level Bedrooms: 4
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1480
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • SqFt Total: 1480

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Slab
  • List Price: 112500
  • Patio And Porch Features: Covered Porch
  • Waterfront Features: Lake Front, Pond
  • Construction Stage: Resale

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: NONE

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Features: Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 72
  • Parcel Number: 490822114012000700
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1224
  • Tax Block: 5
  • Tax Lot: 125
  • Semi Annual Property Tax Amt: 612
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 30, 2016
Sold by
Daniel Robert T and Daniel Kimberly M
Bought by
Street Darrin A
Seller's Agent
Philmia Cole
Turnkey Realty of Indiana LLC
Buyer's Agent
Brent Andrews
List Price
$114,500
Sold Price
$107,000
Premium/Discount to List
-$7,500
-6.55%
Current Estimated Value
$231,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,542
Avg. Annual Appreciation
8.95%
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
Street Darrin A -- First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $107,000 -4.9% $72 / Sq Ft
08/12/2016 08/12/16 Price Changed $112,500 -1.7% $76 / Sq Ft
08/01/2016 08/01/16 For Sale $114,500 -- $77 / 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 $2,183 $208,800 $20,500 $188,300
2023 $2,183 $184,700 $20,500 $164,200
2022 $1,738 $151,700 $20,500 $131,200
2021 $1,531 $133,300 $20,500 $112,800
2020 $1,290 $118,900 $15,400 $103,500
2019 $1,364 $118,900 $15,400 $103,500
2018 $1,167 $107,600 $15,400 $92,200
2017 $955 $99,000 $15,400 $83,600
2016 $816 $88,800 $15,400 $73,400
2014 $1,466 $73,300 $15,400 $57,900
2013 $1,598 $79,900 $15,400 $64,500
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Philmia Cole

    Turnkey Realty of Indiana LLC

  • d

    Seller Co-Listing Agent in 2016

    dave hunter

    David Hunter

    Section Image

  • B

    Buyer's Agent in 2016

    Brent Andrews

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21433290

MIBOR Broker Listing Cooperative®

APN: 49-08-22-114-012.000-700

Indiana Marion County Indianapolis 46235 Far Eastside

3238 Cherry Lake Ln, Indianapolis, IN

This home is located at 3238 Cherry Lake Ln, Indianapolis, IN 46235 since 01 August 2016 and is currently estimated at $233,421, approximately $157 per square foot. This property was built in 1989. 3238 Cherry Lake Ln is a home located in Marion County with nearby schools including Sunny Heights Elementary School, Stonybrook Intermediate Academy (5-6), and Stonybrook Middle 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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