NOT LISTED FOR SALE

40 Indigo Trail Madison, CT 06443

Estimated Value: $1,784,000 - $1,898,000

4 Beds
4.5 Baths
5,138 Sq Ft
$361/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $975,000 $190 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,487/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Deck
  • Walter C. Polson Upper Middle School Rated A
  • Colonial Architecture
  • Partially Wooded Lot

About This Home

As of January 2018

Welcome to one of this shoreline area’s most beautiful estates! This grand colonial home was built in 1995, seriously updated and refreshed within the past five years and offering a style and an elegance few properties anywhere can match! The land includes just under two acres of landscaped, manicured lawn with wooded privacy, a pool with a two-year old liner and salt filter system, and an attached 4-bay garage for more than just cars. This exceptional 5,000+ s.f. home offers formal living and dining rooms, a den, and a large, open family room and kitchen leading to a sun-room and a deck. The second level features the luxurious master suite with a sitting room, a second en-suite bedroom/bathroom, two additional bedrooms with a hallway bath, and den/sitting room. The third level features an extra room, a full bath and a huge entertainment room. The lowest, basement level is perfect for expansion, storage, collections, exercise. Three fireplaces, exceptional coffered wainscoting, crown and ceiling moldings, and stylish paint colors are highlights. The amazing kitchen beckons a serious chef for black-tie affairs as well as back-yard smores around the Adirondack fire-pit. The dog fence is ready. This property lacks only one asset. You!

Last Agent to Sell the Property

Jessica Kimball

William Raveis Real Estate License #RES.0784867 Listed on: 11/30/2017

William Raveis Real Estate

Last Buyer's Agent

Kirsten Adams

William Pitt Sotheby's Int'l License #RES.0789096

William Pitt Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,135

Year Built

  • Built in 1995

Lot Details

  • 1.91 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Partially Wooded Lot
  • Garden
  • Property is zoned RU-1

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding
  • Radon Mitigation System

Interior Spaces

  • 5,138 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • 3 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Bonus Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Walkup Attic
  • Finished Attic

Home Security

  • Intercom
  • Smart Thermostat

Parking

  • 4 Car Attached Garage
  • Parking Deck
  • Automatic Garage Door Opener
  • Private Driveway

Pool

  • Heated In Ground Pool
  • Vinyl Pool
  • Fence Around Pool

Outdoor Features

  • Wrap Around Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Private Company Owned Well
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,135

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 5138
  • Public Record Living Room Sq Ft: 5138
  • Total Sq Ft: 5138
  • Year Built: 1995
  • Remarks Public Addendum: 24 Hours notice required. Present owners have 500K in remodeling since 2012. Not to be missed. Relocation addendems will be required.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 10364
  • Directions: Boston post road to wildwood becomes green hill. Left on nortotown rd. stay right right at forkin road. Right onto indigo trail.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 3
  • Attic Description: Walk-up, Finished
  • Basement Description: Full, Unfinished
  • Interior Amenities: Auto Garage Door Opener, Cable - Available, Central Vacuum, Intercom, Open Floor Plan
  • Appliances: Gas Cooktop, Microwave, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer, Wine Chiller
  • Additional Rooms: Bonus Room, Foyer, Laundry Room, Mud Room, Sitting Room
  • Laundry Room Location: 2nd floor laundry room
  • Attic: Yes
  • Home Automation: Thermostat(s)

Exterior Features

  • Exterior Features: Deck, Garden Area, Gutters, Lighting, Patio, Wrap Around Deck
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Pool: In Ground Pool, Heated, Safety Fence, Vinyl
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 4
  • Driveway Type: Private

Utilities

  • Cooling System: Central Air, Zoned
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 1.9100
  • Lot Description: On Cul-De-Sac, Level Lot, Lightly Wooded, Fence - Partial, Professionally Landscaped
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RU-1

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 19135
  • Mil Rate Base: 27.300
  • Assessor Parcel Number: 1157885

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 19, 2018
Sold by
Mutz Chrisopher K
Bought by
Hughes Thomas C and Hughes Victoria M
Seller's Agent
Jessica Kimball
William Raveis Real Estate
Buyer's Agent
Kirsten Adams
William Pitt Sotheby's Int'l
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Current Estimated Value
$1,853,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,463
Avg. Annual Appreciation
8.32%
Original Mortgage
$780,000
Outstanding Balance
$637,410
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,216,053

Purchase Details

Closed on
Aug 5, 1998
Sold by
Maine Medical Center
Bought by
Maghini Lori and Maghini Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 1997
Sold by
Conti Vincent S and Conti Meredith
Bought by
Maine Medical Center

Purchase Details

Closed on
Oct 31, 1995
Sold by
Wilcox & Burt Assoc
Bought by
Conti Vincent S and Conti Meredith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hughes Thomas C $975,000 --
Maghini Lori $610,000 --
Maine Medical Center $635,000 --
Conti Vincent S $580,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conti Vincent S $780,000
Previous Owner Conti Vincent S $588,000
Previous Owner Conti Vincent S $630,000
Previous Owner Conti Vincent S $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2018 01/19/18 Sold $975,000 -11.4% $190 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $1,100,000 +31.0% $214 / Sq Ft
04/03/2012 04/03/12 Sold $840,000 -19.9% $163 / Sq Ft View Prior Sale
01/19/2012 01/19/12 Pending -- -- --
05/12/2011 05/12/11 For Sale $1,049,000 -- $204 / Sq Ft
Source: SmartMLS

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
2025 $22,349 $996,400 $195,100 $801,300
2024 $21,921 $996,400 $195,100 $801,300
2023 $21,309 $711,000 $164,100 $546,900
2022 $20,911 $711,000 $164,100 $546,900
2021 $20,512 $711,000 $164,100 $546,900
2020 $20,157 $711,000 $164,100 $546,900
2019 $20,157 $711,000 $164,100 $546,900
2018 $19,653 $700,900 $130,300 $570,600
2017 $19,135 $700,900 $130,300 $570,600
2016 $18,567 $700,900 $130,300 $570,600
2015 $18,055 $700,900 $130,300 $570,600
2014 $21,918 $870,800 $264,700 $606,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170034868

SmartMLS

APN: MADI-000070-000000-000001-000011