NOT LISTED FOR SALE

Estimated Value: $876,000 - $965,916

6 Beds
6.5 Baths
5,305 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $505,000 $95 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,405/month

68 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Open Floorplan
  • Aboite Elementary School Rated A
  • 5 Acre Lot
  • Lake, Pond or Stream

About This Home

As of September 2019

Enjoy the privacy of this spacious home. Surrounded by tall, mature trees, the home sits on a 5-acre lot with a scenic pond that often attracts wildlife. The wrap-around driveway leading up to the house is convenient for guests, and a beautiful paved nature trail stands just across the street — perfect for summer evenings. In the backyard, a large 4-season room with heated floors, opens to a nice-sized patio, giving you plenty of room to entertain. Altogether, the home has 6.5 baths and 6 bedrooms. High ceilings and large walk-in closets contribute to the open-floor format. Heated granite floors in many of the rooms are perfect for winter months. Enjoy the daylight basement, with large closets that offer plenty of storage space, as well as a surround-sound system, covered front porch, and three-way gas fireplace. Newer Geothermal heating and cooling system and whole house generator add to your comfort. Located in an exclusive area with gorgeous homes, an ideal school zone, and convenient access to everything in the city, this beautiful home is a great place to live.

Last Agent to Sell the Property

Martin Brandenberger

Coldwell Banker Real Estate Group Listed on: 03/19/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Diane Caudill

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1998

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 333 x 657
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Lot Has A Rolling Slope
  • Property is zoned R1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • 1 Bathroom in Basement
  • Crawl Space
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Aboite Elementary School
  • Summit Middle School
  • Homestead High School

Utilities

  • Geothermal Heating and Cooling
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-11-16-300-009.000-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,123

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1998
  • Age: 21
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 7
  • Total Full Bathrooms: 6
  • Total Number of Half Bathrooms: 1
  • Legal Description: N1/2 SW1/4 EX N 264 OF E 1320FT & EX W 606.64 OF S 320.09 & EX OTHER TRACTS SEC 16
  • Parcel Number ID: 02-11-16-300-009.000-038
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Alarm System-Security, Built-In Entertainment Ct, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet Tub, Generator-Whole House, Guest Quarters, Near Walking Trail, Open Floor Plan, Pantry-Walk In, Patio Open, Porch Covered, Six Panel Doors, Split Br Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry, Jack & Jill Bath
  • Cross Street: Aboite Center Road
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural Subdivision
  • Section Number: 16
  • Sp Lp Percent: 84.18
  • County Zoning: R1
  • Year Taxes Payable: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5447
  • Total Finished Sq Ft: 5305
  • Above Grade Finished Sq Ft: 3937
  • Below Grade Finished Sq Ft: 1368
  • Below Grade Sq Ft: 142
  • Price Per Sq Ft: 128.27
  • Basement: Yes
  • Basement Foundation: Crawl, Daylight, Finished, Slab
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Stone
  • Living Great Room: Dimensions: 20x18, On Level: Main
  • Kitchen: Dimensions: 17x15, On Level: Main
  • Breakfast Room: Dimensions: 17x14, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Recreation Room: Dimensions: 38x14, On Level: Lower
  • Extra Room: Extra Room, Dimensions: 19x16, On Level: Lower
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 21x12, On Level: Main
  • Bedroom 3: Dimensions: 22x12, On Level: Upper
  • Bedroom 4: Dimensions: 14x13, On Level: Upper
  • Bedroom 5: Dimensions: 13x12, On Level: Upper
  • Other Room1: Extra Room, Dimensions: 16x11, On Level: Lower
  • Main Level Sq Ft: 2476
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1510

Exterior Features

  • Exterior: Brick, Wood
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 23x22
  • Garage Sq Ft: 506
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 7
  • Water Type: Pond
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Common Amenities: Sidewalks
  • Other Fee Description: Snow plowing expense through HOA
  • Other Fees Dollar: 300

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Aboite
  • Middle School: Summit
  • High School: Homestead
  • Elementary School: Aboite

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: 333 x 657
  • Estimated Lot Sq Ft: 218781
  • Estimated Lot Size Acres: 5

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 5123

Multi Family

  • Water Access: Frontage Lot

MLS Schools

  • High School: Homestead
  • Middle School: Summit
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Sep 25, 2019
Sold by
Reddy Panduranga K and Reddy Jyothi
Bought by
Kelly Nicholas A and Kelly Molly A
Seller's Agent
Martin Brandenberger
Coldwell Banker Real Estate Group
Buyer's Agent
Diane Caudill
North Eastern Group Realty
List Price
$649,000
Sold Price
$505,000
Premium/Discount to List
-$144,000
-22.19%
Current Estimated Value
$908,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,305
Avg. Annual Appreciation
10.24%
Original Mortgage
$505,000
Outstanding Balance
$442,405
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$465,900

Purchase Details

Closed on
Sep 17, 2002
Sold by
Reddy Panduranga K
Bought by
Reddy Panduranga K and Reddy Jyothi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

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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
Kelly Nicholas A -- Metropolitan Title Of In Llc
Reddy Panduranga K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Nicholas A $505,000
Previous Owner Reddy Panduranga K $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $505,000 -15.8% $95 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
04/06/2019 04/06/19 Price Changed $599,900 -7.6% $113 / Sq Ft
03/19/2019 03/19/19 For Sale $649,000 -- $122 / Sq Ft
Source: Indiana Regional MLS

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 $7,073 $755,000 $239,600 $515,400
2022 $6,176 $713,300 $179,800 $533,500
2021 $5,543 $609,200 $179,800 $429,400
2020 $5,504 $594,100 $179,800 $414,300
2019 $5,272 $575,400 $179,800 $395,600
2018 $5,104 $562,200 $179,800 $382,400
2017 $5,123 $527,700 $179,800 $347,900
2016 $5,401 $542,900 $179,800 $363,100
2014 $5,406 $511,600 $179,800 $331,800
2013 $5,444 $489,400 $179,800 $309,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201909983

Indiana Regional MLS

APN: 02-11-16-300-009.000-038