NOT LISTED FOR SALE

325 Willow Spring Rd Indianapolis, IN 46240

Estimated Value: $2,225,000 - $2,417,000

5 Beds
5.5 Baths
5,010 Sq Ft
$462/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,000,000 $399 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,322/month

Highlights

  • 1.49 Acre Lot
  • Family Room with Fireplace
  • Cathedral Ceiling
  • North Central High School Rated A-
  • Ranch Style House
  • Wood Flooring

About This Home

As of April 2022

Property Listed and Sold. The Kitchen and Wine Cellar are estimated room sizes.

Last Agent to Sell the Property

John Peoni

Berkshire Hathaway Home Listed on: 03/26/2022

Berkshire Hathaway Home

Last Buyer's Agent

Mary Wernke

Encore Sotheby's International

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,626

Year Built

  • Built in 1950

Lot Details

  • 1.49 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,010 Sq Ft Home
  • Built-in Bookshelves
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Intercom
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Water Purifier
  • Water Softener is Owned

Community Details

  • Williams Creek Estates Meridian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090323122115000817

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,626

Year Built

Built in 1950

Lot Details

1.49 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Building Area Total: 5010
  • Garage Y N: Yes
  • Lot Size Acres: 1.49
  • Subdivision Name: WILLIAMS CREEK ESTATES MERIDIAN HILLS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Double Oven
  • Levels: One
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Den/Library Fireplace, Family Room, Living Room, Woodburning Fireplce
  • Fireplaces: 3
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Cathedral Ceiling(s), Tray Ceiling(s), Hardwood Floors
  • Other Equipment: Intercom, Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Programmable Thermostat, Water Purifier, Water-Softener Owned
  • Areas Interior: Foyer Large,Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 5
  • Sq Ft Main Upper: 5010
  • Main Level Sq Ft: 5010
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Porch,Shower Stall Full,Sinks Double,Suite
  • Kitchen Features: Breakfast Bar,Center Island,Pantry WalkIn

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Partial
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Guest Parking Premises

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Dual, Forced Air, High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 090323122115000817
  • Acres: 1-3 Acres
  • Lot Information: Corner,Tree Mature,Trees Small
  • Lot Number: 161
  • Lot Size: 64926

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 20626
  • Semi Annual Property Tax Amt: 10313
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2022
Closed on
May 10, 2022
Sold by
Hefner Thomas L and Hefner Patty M
Bought by
Morrison Michael and Morrison Rebecca
Seller's Agent
John Peoni
Berkshire Hathaway Home
Buyer's Agent
Mary Wernke
Encore Sotheby's International
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%
Current Estimated Value
$2,313,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,052
Avg. Annual Appreciation
3.90%
Original Mortgage
$1,500,000
Outstanding Balance
$1,425,222
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$887,830

Purchase Details

Listed on
Mar 26, 2022
Closed on
Apr 28, 2022
Sold by
Hefner Thomas L and Hefner Patty M
Bought by
Morrison Michael and Morrison Rebecca
Seller's Agent
John Peoni
Berkshire Hathaway Home
Buyer's Agent
Mary Wernke
Encore Sotheby's International
List Price
$2,250,000
Sold Price
$2,000,000
Premium/Discount to List
-$250,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,425,222
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$887,830

Purchase Details

Closed on
Jul 24, 2006
Sold by
Mclain Michael A and Mclain Jane T
Bought by
Hefner Thomas L and Hefner Patty M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrison Michael -- Schmitz David A
Morrison Michael $2,000,000 Schmitz David A
Hefner Thomas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Michael $1,500,000
Closed Morrison Michael $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $2,000,000 -11.1% $399 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $2,250,000 -- $449 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $27,720 $1,747,500 $268,900 $1,478,600
2023 $27,720 $1,857,200 $268,900 $1,588,300
2022 $27,148 $1,724,400 $268,900 $1,455,500
2021 $24,321 $1,582,400 $179,200 $1,403,200
2020 $20,626 $1,445,200 $179,200 $1,266,000
2019 $19,233 $1,454,800 $179,200 $1,275,600
2018 $19,108 $1,464,700 $179,200 $1,285,500
2017 $18,592 $1,444,600 $179,200 $1,265,400
2016 $15,281 $1,344,700 $179,200 $1,165,500
2014 $15,296 $1,344,300 $179,200 $1,165,100
2013 $11,719 $1,338,700 $179,200 $1,159,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Peoni

    Berkshire Hathaway Home

    Section Image

  • M

    Buyer's Agent in 2022

    Mary Wernke

    Encore Sotheby's International

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21844993

MIBOR Broker Listing Cooperative®

APN: 49-03-23-122-115.000-817

Indiana Marion County Indianapolis 46240

325 Willow Spring Rd, Indianapolis, IN

Not Listed for Sale

Detached

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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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