NOT LISTED FOR SALE

3278 Cherry Lake Ln Indianapolis, IN 46235

Far Eastside Neighborhood

Estimated Value: $221,000 - $242,608

3 Beds
2 Baths
1,474 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $237,500 $161 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,407/month

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Covered Patio or Porch
  • Combination Kitchen and Dining Room

About This Home

As of May 2023

You will not want to miss this completely updated 3 bed 2 bath home on Indys southeast side. No details were missed in this renovation including new windows, paint, carpet, laminate floors, and lighting. Brand new kitchen with quartz countertops, white tile backsplash, and ss appliance package. Situated on a pond lot, this home has fantastic backyard views with the opportunity to launch your paddle boat or fish right off your back porch. Conveniently located with minutes to shopping, schools, and much more.

Last Agent to Sell the Property

Greg Keyler

HIVE Realty Group License #RB17001379 Listed on: 03/16/2023

Last Buyer's Agent

Suzanne Offutt

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 6,970

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,474 Sq Ft Home
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Cherry Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 130 / 5
  • Assessor Parcel Number 490822114004000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1992
  • Building Area Total: 1474
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Cherry Lake
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: HiveRealtyGroup@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1474
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1474
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • List Price: 229900
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Sq Ft: 400

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 6970
  • Parcel Number: 490822114004000700
  • Acres: <1/4 Acre
  • Price Acre: 1484375

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1338
  • Tax Block: 5
  • Tax Lot: 130
  • Semi Annual Property Tax Amt: 669
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 23, 2023
Sold by
Perfect 10 Real Estate Llc
Bought by
Cady David and Cady Meghan
Seller's Agent
Greg Keyler
HIVE Realty Group
Buyer's Agent
Suzanne Offutt
F.C. Tucker Company
List Price
$229,900
Sold Price
$237,500
Premium/Discount to List
$7,600
3.31%
Views
25
Current Estimated Value
$232,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,598
Avg. Annual Appreciation
0.92%
Original Mortgage
$230,743
Outstanding Balance
$225,990
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$16,596

Purchase Details

Closed on
Jan 20, 2023
Sold by
Hill Jacqueline A
Bought by
Perfect 10 Real Estate Llc

Purchase Details

Closed on
Feb 28, 2012
Sold by
Crowell Jacqueline A
Bought by
Crowell Jacqueline A and Comstock Kevin L
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
Cady David $237,500 Indylegal Title
Perfect 10 Real Estate Llc $135,000 Indylegal Title
Hill Jacqueline A $135,000 Indylegal Title
Crowell Jacqueline A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cady David $230,743
Previous Owner Crowell Jacqueline A $85,509
Previous Owner Crowell Jacqueline A $78,118
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $237,500 +3.3% $161 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $229,900 -- $156 / 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 $1,997 $235,300 $15,200 $220,100
2023 $1,997 $169,100 $15,200 $153,900
2022 $1,621 $138,100 $15,200 $122,900
2021 $1,421 $123,800 $15,200 $108,600
2020 $1,119 $109,100 $11,500 $97,600
2019 $1,150 $106,500 $11,500 $95,000
2018 $951 $96,100 $11,500 $84,600
2017 $800 $90,300 $11,500 $78,800
2016 $661 $80,600 $11,500 $69,100
2014 $403 $64,700 $11,500 $53,200
2013 $491 $70,700 $11,500 $59,200
Source: Public Records

Agents Affiliated with this Home

  • Greg Keyler

    Seller's Agent in 2023

    Greg Keyler

    HIVE Realty Group

    (317) 285-9259

    1 in this area

    139 Total Sales

    Greg Keyler
    Section Image

  • S

    Buyer's Agent in 2023

    Suzanne Offutt

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21910607

MIBOR Broker Listing Cooperative®

APN: 49-08-22-114-004.000-700

Indiana Marion County Indianapolis 46235 Far Eastside

3278 Cherry Lake Ln, Indianapolis, IN

This home is located at 3278 Cherry Lake Ln, Indianapolis, IN 46235 since 16 March 2023 and is currently estimated at $232,902, approximately $158 per square foot. This property was built in 1992. 3278 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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