NOT LISTED FOR SALE

3505 Otisco Ln Indianapolis, IN 46217

Southern Dunes Neighborhood

Estimated Value: $336,000 - $387,000

3 Beds
2.5 Baths
3,410 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $198,000 $58 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,321/month

8 Days on Market

Highlights

  • Home fronts a pond
  • Community Pool
  • Covered Patio or Porch
  • Perry Meridian Middle School Rated A-
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of July 2016

Looking for a fabulous home with upgrades galore? Lovely 3 bedroom home features open space, updated eat-in kitchen, granite countertops, stainless appliances, tiled master shower, gorgeous laminate hardwoods, new premium carpeting and much more. Space for all including large great room and fireplace and loft. Add 2.5 baths, huge walk-in closet in master. Enjoy a patio and fenced yard overlooking pond. Like to swim, play tennis, golf, bike? Community amenities and easy access to everything.

Last Agent to Sell the Property

Jill Jansen

F.C. Tucker Company License #RB14042928 Listed on: 06/01/2016

F.C. Tucker Company

Last Buyer's Agent

Cheryl Sider

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a pond

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Utility Room
  • Laundry on upper level
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 491417100024000500

Community Details

Overview

  • Association fees include maintenance, tennis court(s)
  • Cheyenne Lakes At Southern Dunes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2005
  • Building Area Total: 3410
  • Garage Y N: Yes
  • Lot Size Acres: 0.15
  • Subdivision Name: Cheyenne Lakes At Southern Dunes
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: jill@callthejansens.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Windows Vinyl, Wood Work Painted, Hi-Speed Internet Availbl
  • Living Area: 3410
  • Other Equipment: Smoke Alarm, Not Applicable
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1599
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1811
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 3410

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Tennis Community
  • Foundation Details: Slab
  • List Price: 198900
  • Patio And Porch Features: Covered Porch
  • Pool Features: Community, Association
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: None
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Maintenance, Tennis Court(s)

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.15
  • Parcel Number: 491417100024000500
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2096
  • Tax Block: 0
  • Tax Lot: 22
  • Semi Annual Property Tax Amt: 1048
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 22, 2016
Sold by
Davis Nathan B and Davis Brandi J
Bought by
Hendricks Martin N
Seller's Agent
Jill Jansen
F.C. Tucker Company
Buyer's Agent
Cheryl Sider
CENTURY 21 Scheetz
List Price
$198,900
Sold Price
$198,000
Premium/Discount to List
-$900
-0.45%
Current Estimated Value
$355,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,518
Avg. Annual Appreciation
6.74%
Original Mortgage
$183,000
Outstanding Balance
$146,781
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$211,650

Purchase Details

Closed on
Apr 10, 2013
Sold by
Housing And Urban Development
Bought by
Davis Brandi J and Davis Nathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2013
Sold by
The Secretary Of Hud
Bought by
Davis Nathan B and Davis Brandi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Bank Of America Na
Bought by
Housing And Urban Development

Purchase Details

Closed on
Jul 20, 2012
Sold by
Butts Justin B and Butts Megan L
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 13, 2005
Sold by
Arbor Homes Llc
Bought by
Butts Justin B and Butts Megan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,388
Interest Rate
6.2%
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
Hendricks Martin N -- First American Title
Davis Brandi J -- --
Davis Nathan B $115,000 --
Housing And Urban Development -- --
Bank Of America Na $212,306 None Available
Butts Justin B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendricks Martin N $183,000
Previous Owner Davis Nathan B $110,000
Previous Owner Davis Brandi J $111,550
Previous Owner Butts Justin B $166,388
Previous Owner Arbor Homes Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $198,000 -0.5% $58 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $198,900 -- $58 / 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 $4,262 $330,000 $28,100 $301,900
2023 $4,262 $326,700 $28,100 $298,600
2022 $3,904 $290,300 $28,100 $262,200
2021 $3,166 $236,100 $28,100 $208,000
2020 $2,899 $215,700 $28,100 $187,600
2019 $2,767 $205,200 $28,100 $177,100
2018 $2,836 $212,300 $21,500 $190,800
2017 $2,692 $201,800 $21,500 $180,300
2016 $2,512 $188,700 $21,500 $167,200
2014 $2,096 $176,000 $21,500 $154,500
2013 $2,340 $195,000 $21,500 $173,500
Source: Public Records

Agents Affiliated with this Home

  • Jill Jansen

    Seller's Agent in 2016

    Jill Jansen

    F.C. Tucker Company

    (317) 714-3665

    26 Total Sales

    Jill Jansen
    Section Image

  • C

    Buyer's Agent in 2016

    Cheryl Sider

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21421009

MIBOR Broker Listing Cooperative®

APN: 49-14-17-100-024.000-500

Indiana Marion County Indianapolis 46217 Southern Dunes

3505 Otisco Ln, Indianapolis, IN

This home is located at 3505 Otisco Ln, Indianapolis, IN 46217 since 01 June 2016 and is currently estimated at $355,518, approximately $104 per square foot. This property was built in 2005. 3505 Otisco Ln is a home located in Marion County with nearby schools including Glenns Valley Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian 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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