NOT LISTED FOR SALE

Estimated Value: $254,000 - $393,000

3 Beds
2 Baths
1,416 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $350,000 $247 Per Sq Ft

Current estimated payment $2,208/month

Highlights

  • Lake Front
  • Fishing
  • Community Lake
  • Ben Davis University High School Rated A
  • Lake Privileges
  • Deck

About This Home

As of March 2023

Vacation at Home! 3 bdrm, 2 bath home has been beautifully updated inside & out. Amazing view of the 30-acre lake from the brand-new party patio complete w/bar seating. Lake offers fishing, boating & floating. You'll feel like you're on vacation every day of the week. 2 car att garage; dock included. Cul-de-sac lot in The Islands. 3 yrs or newer: all windows, doors, siding flooring in all rms, completely new kitchen, bathrooms, all walls painted, new lakeside patio, new seawall. 1 yr or newer: roof, bbq area, 1,000 sq ft covered porch, new outside bar area w/retractable screens, new boat dock w/accessories, new gar doors & openers. Newly enclosed sunrm (new windows, flooring) plus added HVAC to add about 200 sq ft of year round living spac

Last Agent to Sell the Property

Lori Redman

Sold It Realty Group License #RB14030289 Listed on: 02/27/2023

Last Buyer's Agent

Lori Redman

Sold It Realty Group License #RB14030289 Listed on: 02/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 6,587 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Vinyl Clad Windows
  • Breakfast Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 56 / 1
  • Assessor Parcel Number 490522113071000900

Community Details

Overview

  • Association fees include home owners
  • Association Phone (317) 541-0000
  • The Islands Subdivision
  • Property managed by Omni Management Services
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1990
  • Building Area Total: 1416
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: The Islands
  • Transaction Type: Sale
  • Website: http://www.LoriSoldit.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: lori@lorisoldit.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted
  • Living Area: 1416
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1416
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Dock
  • Foundation Details: Slab
  • List Price: 350000
  • Patio And Porch Features: Covered Patio, Deck Main Level
  • Property Condition: Updated/Remodeled
  • View: Lake
  • View Y N: Yes
  • Waterfront Features: Lake Privileges, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Asphalt, Garage Door Opener
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Heat Pump
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Phone: 317-541-0000
  • Association YN: Yes
  • Community Features: Fishing, Lake
  • Management Company Name: Omni Management Services
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common

Lot Info

  • Lot Features: Cul-De-Sac
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 6587
  • Parcel Number: 490522113071000900
  • Price Acre: 2333333.33333333

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2302
  • Tax Block: 1
  • Tax Lot: 56
  • Semi Annual Property Tax Amt: 1151
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 7, 2023
Sold by
Stichter Lee R
Bought by
Marr James E
Seller's Agent
Lori Redman
Sold It Realty Group
Buyer's Agent
Lori Redman
Sold It Realty Group
List Price
$350,000
Sold Price
$350,000
Views
15
Current Estimated Value
$350,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408
Avg. Annual Appreciation
-0.10%
Original Mortgage
$245,000
Outstanding Balance
$238,510
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$110,663

Purchase Details

Closed on
Jul 15, 2021
Sold by
Summit Island Club I Llc
Bought by
Islands Homeowners Assn Inc

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 16, 2019
Sold by
Gormly Gloria E
Bought by
Stichter Lee R
Seller's Agent
Lori Redman
Sold It Realty Group
Buyer's Agent
Lori Redman
Sold It Realty Group
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$152,192
Interest Rate
3.8%
Mortgage Type
FHA
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
Marr James E -- None Listed On Document
Islands Homeowners Assn Inc -- None Available
Stichter Lee R $155,000 Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marr James E $245,000
Previous Owner Stichter Lee R $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $350,000 0.0% $247 / Sq Ft
02/28/2023 02/28/23 For Sale $350,000 +125.8% $247 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
08/19/2019 08/19/19 Sold $155,000 0.0% $109 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $155,000 -- $109 / 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 $3,226 $342,800 $22,700 $320,100
2023 $3,226 $264,600 $22,700 $241,900
2022 $3,042 $246,200 $22,700 $223,500
2021 $2,421 $169,500 $22,700 $146,800
2020 $2,298 $161,400 $22,700 $138,700
2019 $2,066 $146,000 $22,700 $123,300
2018 $3,238 $132,500 $22,700 $109,800
2017 $3,077 $125,800 $22,700 $103,100
2016 $3,143 $128,700 $22,700 $106,000
2014 $2,544 $126,500 $22,700 $103,800
2013 $1,333 $122,700 $22,700 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21908056

MIBOR Broker Listing Cooperative®

APN: 49-05-22-113-071.000-900