NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,081,000

5 Beds
5.5 Baths
5,745 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $725,495 $126 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,383/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • College Wood Elementary School Rated A+
  • L-Shaped Dining Room
  • Double Oven

About This Home

As of March 2021

Stunning home in Carmel! Gorgeous full brick façade will draw you in! Grandeur entrance w/ soaring foyer. Open living concept including family rm, kitchen, & dining. 10' ceilings on main! Beautiful chef inspired kitchen w/ dark stained cabinetry to ceiling, quartz countertops & ss appliances! Family room w/ detailed tray ceiling! Dining area leading to the covered porch to enjoy cool summe evenings. Main fl guest suite w/ full bath! Enjoy retreating to your study for peace & quiet. 2nd flr master w/ luxurious bath & huge walk in closet! 3 additional bdrms w/ 2 baths (J&J & full). Massive Bonus room for family game night! Enjoy additional entertaining in your full finished bsmt w/ full bath!

Last Agent to Sell the Property

Chris Schrader

Drees Home License #RB14034873 Listed on: 10/14/2020

Last Buyer's Agent

David Cronnin

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 2020

Lot Details

  • 0.33

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 0.33 Acre Lot

Community Details

  • Association fees include insurance, maintenance
  • Albany Place Subdivision
  • Property managed by Stacy Singer
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,265

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts&Crafts/Craftsman
  • Builder Name: Drees Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2020
  • Garage Y N: Yes
  • Lot Size Acres: 0.33
  • Subdivision Name: ALBANY PLACE
  • Inspection Warranties: Warranty Builders
  • Property Description: Stunning home in Carmel! Gorgeous full brick façade will draw you in! Grandeur entrance w/ soaring foyer. Open living concept including family rm, kitchen, & dining. 10' ceilings on main! Beautiful chef inspired kitchen w/ dark stained cabinetry to ceiling, quartz countertops & ss appliances! Family room w/ detailed tray ceiling! Dining area leading to the covered porch to enjoy cool summe evenings. Main fl guest suite w/ full bath! Enjoy retreating to your study for peace & quiet. 2nd flr master w/ luxurious bath & huge walk in closet! 3 additional bdrms w/ 2 baths (J&J & full). Massive Bonus room for family game night! Enjoy additional entertaining in your full finished bsmt w/ full bath!
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Double Oven, Range Hood
  • Levels: Two
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Living Area: 5745
  • Other Equipment: CO Detectors, Smoke Detector, Sump Pump
  • Room Count: 12
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main,Foyer - 2 Story,Foyer Large,Laundry Room Upstairs
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3880
  • Main Level Sq Ft: 1858
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 5745
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 1865
  • Upper Level Sq Ft: 2022
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 729900
  • Association Maintained Building Exterior: 0
  • Construction Stage: Framed
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage
  • Garage Sq Ft: 1012

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Stacy Singer
  • Management Company Phone: 317-863-2051
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance
  • Mandatory Fee: 1220

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 0000000000000
  • Acres: 1/4-1/2 Acre
  • Lot Number: 29
  • Lot Size: 14250

Green Features

  • Green Certification Y N: 0
  • Smart Home Features: Thermostat - WiFi

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Feb 25, 2021
Sold by
Drees Premier Homes Inc
Bought by
Khatri Munir I and Khatri Heena M
Seller's Agent
Chris Schrader
Drees Home
Buyer's Agent
David Cronnin
eXp Realty, LLC
List Price
$729,900
Sold Price
$725,495
Premium/Discount to List
-$4,405
-0.6%
Current Estimated Value
$1,040,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,554
Avg. Annual Appreciation
7.74%
Original Mortgage
$544,121
Outstanding Balance
$493,276
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$517,700
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
Khatri Munir I $725,495 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Munir I $544,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $725,495 -0.6% $126 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $729,900 -- $127 / 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 $8,265 $721,800 $155,700 $566,100
2023 $8,330 $727,600 $155,700 $571,900
2022 $5,470 $659,300 $149,200 $510,100
2021 $5,470 $477,900 $149,200 $328,700
2020 $77 $600 $600 $0
2019 $3,100 $147,700 $147,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21745752

MIBOR Broker Listing Cooperative®

APN: 29-09-20-025-019.000-018