NOT LISTED FOR SALE

3920 Forest Rise Ln Indianapolis, IN 46203

Estimated Value: $259,000 - $287,000

4 Beds
4.5 Baths
1,846 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $260,000 $141 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,808/month

35 Days on Market

Highlights

  • Basketball Court
  • Deck
  • Traditional Architecture
  • Mature Trees
  • Vaulted Ceiling
  • Second Story Great Room

About This Home

As of October 2022

Open & Bright 4 Bed/4 Bath in Beech Grove Schools! So many updates including HVAC, Lighting, Flooring, SS Appliances & Much More. 1st Floor Master w/ separate tub/shower, dual sinks & walk in closet. 3 Bedrooms Up. One Bedroom is currently used as a bonus room w/ partial kitchen area, additional washer & dryer hookup, full bath & private exit to 2nd floor deck. Tall Ceilings & plenty of entertaining areas inside & out. Oversized garage w/ 4x18 storage area. Full fenced backyard, mature trees, oversized storage shed, full concrete pad, covered paver area & full 2nd floor deck. One of only a few newer neighborhoods in Beech Grove. Close to everything on Emerson Avenue, Shopping, Interstates & Downtown. Perfect Updates to make move in easy!

Last Listed By

Jason Hess

Compass Indiana, LLC License #RB14048495 Listed on: 08/23/2022

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1999

Lot Details

  • 7,405 Sq Ft Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 2.5-Story Property
  • Wet Bar
  • Bar Fridge
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Thermal Windows
  • Bay Window
  • Entrance Foyer
  • Second Story Great Room
  • Attic Access Panel
  • Laundry on main level

Kitchen

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

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Basketball Court
  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Association fees include insurance, maintenance, management
  • Association Phone (317) 534-0200
  • The Woods At Beech Grove Subdivision
  • Property managed by Elite Property Management

Listing and Financial Details

  • Legal Lot and Block 54 / 3
  • Assessor Parcel Number 491027106004000302

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,296

Year Built

Built in 1999

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: M/I Homes
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1999
  • Building Area Total: 1846
  • Co List Office Phone: 317-563-5051
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: The Woods At Beech Grove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: No
  • MBR_AttributionContact: jason.hess@compass.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Bar Fridge, Electric Water Heater
  • Levels: Two and a Half
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Raised Ceiling(s), Vaulted Ceiling(s), Window Bay Bow, Windows Thermal, Wood Work Painted, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Wet Bar
  • Living Area: 1846
  • Main Level Bedrooms: 1
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1164
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 682
  • Rooms Basement: 0
  • SqFt Total: 1846

Exterior Features

  • Construction Materials: Vinyl Siding, Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Basketball Court
  • Fencing: Fence Full Rear
  • Foundation Details: Slab
  • List Price: 268500
  • Patio And Porch Features: Deck UP, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Storage
  • Garage Parking Other: Finished Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Association Phone: 317-534-0200
  • Association YN: Yes
  • Management Company Name: Elite Property Management
  • H O A Disclosures: Covenants & Restrictions,Transfer Fee

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Management

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.17
  • Parcel Number: 491027106004000302
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2296
  • Tax Block: 3
  • Tax Lot: 54
  • Semi Annual Property Tax Amt: 1148
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Oct 27, 2022
Sold by
Challis Johnathan D and Challis Chelsy L
Bought by
Maschmeyer Donald J
Seller's Agent
Jason Hess
Compass Indiana, LLC
Buyer's Agent
Ben Mobley
Carpenter, REALTORS®
List Price
$268,500
Sold Price
$260,000
Premium/Discount to List
-$8,500
-3.17%
Total Days on Market
35
Views
90
Current Estimated Value
$276,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,444
Avg. Annual Appreciation
2.46%
Original Mortgage
$234,000
Outstanding Balance
$226,592
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$49,852

Purchase Details

Closed on
Apr 6, 2021
Sold by
Challis Johnathan D and Challis Chelsy L
Bought by
Challis Johnathann D and Challis Chelsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,725
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2019
Closed on
May 30, 2019
Sold by
Hoagland Nancy C
Bought by
Challis Johnathan D and Dodson Chelsy L
Seller's Agent
Damon Stafford
Mark Dietel Realty, LLC
Buyer's Agent
Bethany Little
Hoosier, REALTORS®
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$166,920
Interest Rate
4.62%
Mortgage Type
FHA

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
Maschmeyer Donald J $260,000 --
Challis Johnathann D -- None Available
Challis Johnathan D $170,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maschmeyer Donald J $234,000
Previous Owner Challis Johathan D $166,725
Previous Owner Challis Johnathan D $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $260,000 -3.2% $141 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $268,500 0.0% $145 / Sq Ft
09/13/2022 09/13/22 For Sale $268,500 -0.6% $145 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $270,000 +58.8% $146 / Sq Ft
05/30/2019 05/30/19 Sold $170,000 +0.6% $92 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $169,000 -- $92 / 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 $3,124 $292,000 $24,200 $267,800
2023 $3,124 $230,200 $24,200 $206,000
2022 $2,583 $180,900 $24,200 $156,700
2021 $2,296 $168,700 $24,200 $144,500
2020 $2,167 $168,700 $24,200 $144,500
2019 $2,015 $163,300 $24,200 $139,100
2018 $4,479 $166,800 $24,200 $142,600
2017 $3,704 $147,900 $24,200 $123,700
2016 $3,784 $146,700 $24,200 $122,500
2014 $3,415 $145,200 $24,200 $121,000
2013 $3,415 $145,200 $24,200 $121,000
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21878879

MIBOR Broker Listing Cooperative®

APN: 49-10-27-106-004.000-302