NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,382,000

3 Beds
3.5 Baths
4,508 Sq Ft
871 Sq Ft Lot

Last Sold April 15, 2016

Last sale price $1,575,000 $349 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $8,180/month

56 Days on Market

Highlights

  • Community Pool
  • Tray Ceiling
  • Wet Bar
  • Elevator
  • Built-in Bookshelves
  • Walk-In Closet

About This Home

As of April 2016

One of the most exceptional urban residences you can imagine. The Villaggio Penthouse offers monumental luxury interiors and breathtaking skyline views from large outdoor entertaining spaces on both levels. The residence has it all, including two separate but equal master suites, a guest suite, fine paneling and superb finishes throughout. The Cultural Trail location affords walk-to proximity to two James Beard award winning restaurants, world-class sports and your corporate offices Downtown.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 02/04/2016

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Lance McElfresh

@properties License #RB14032433

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,314

Year Built

  • Built in 2006

Lot Details

  • 871

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Dryvit Stucco

Interior Spaces

  • 4,508 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Built-in Bookshelves
  • Tray Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Storage

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel

Listing and Financial Details

  • Assessor Parcel Number 491112224011800101

Community Details

Overview

  • Association fees include exercise room, insurance, ground maintenance, pool, security, trash
  • Villaggio Subdivision

Amenities

  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,314

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2006
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: VILLAGGIO
  • Inspection Warranties: Not Applicable
  • Property Description: One of the most exceptional urban residences you can imagine. The Villaggio Penthouse offers monumental luxury interiors and breathtaking skyline views from large outdoor entertaining spaces on both levels. The residence has it all, including two separate but equal master suites, a guest suite, fine paneling and superb finishes throughout. The Cultural Trail location affords walk-to proximity to two James Beard award winning restaurants, world-class sports and your corporate offices Downtown.
  • Transaction Type: Sale
  • Floor Number: 8
  • Unit Entry Level: 8
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Kit Exhaust, Convection Oven, Refrigerator, Trash Compactor, Washer, Wine Cooler
  • Levels: One
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Tray Ceiling(s), Walk-in Closet(s), Storage, Wet Bar
  • Living Area: 4508
  • Other Equipment: Elevator Common, Theater Equipment, WetBar
  • Room Count: 7
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Center Island,Dining Combo/Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 4508
  • Main Level Sq Ft: 4508
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Sinks Double,Tub Full with Separate Shower,Suite,Closet Walk in
  • Total Sq Ft: 4508
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Dryvit
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Slab
  • List Price: 1650000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Rooftop

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 4+ Car Built In
  • Garage Parking Other: Assigned Parking,Shared Garage,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Common Entry,Upper Level

Fee Information

  • Association Fee Includes: Entrance Common, Exercise Room, Insurance, Maintenance Grounds, Pool, Security, Trash
  • Mandatory Fee: 673

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112224011800101
  • Acres: CndHPRCoop
  • Lot Information: Corner,Sidewalks,Street Lights,On Trail
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 9314
  • Semi Annual Property Tax Amt: 4657
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2024
Sold by
Turner Myles
Bought by
Myles Turner Revocable Living Trust and Turner
Current Estimated Value
$1,254,039

Purchase Details

Closed on
Feb 8, 2019
Sold by
Schneider Steven M
Bought by
Turner Myles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 12, 2016
Sold by
Morton Kathleen
Bought by
Schneider Steven M
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Lance McElfresh
@properties
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$240,000
Interest Rate
3.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2014
Sold by
Jupiter 900 Llc
Bought by
Morton Kathleen

Purchase Details

Closed on
Oct 19, 2007
Sold by
Page Pointe Development Llc
Bought by
Jupiter 900 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.44%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Myles Turner Revocable Living Trust -- None Listed On Document
Turner Myles $1,800,000 First American Title Insurance
Schneider Steven M -- First American Title
Morton Kathleen -- Royal Title Services
Jupiter 900 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Myles $1,440,000
Previous Owner Turner Myles $1,710,000
Previous Owner Schneider Steven M $437,883
Previous Owner Schneider Steven M --
Previous Owner Schneider Steven M $70,000
Previous Owner Schneider Steven M $240,000
Previous Owner Schneider Steven M $1,181,250
Previous Owner Jupiter 900 Llc $500,000
Previous Owner Jupiter 900 Llc $200,000
Previous Owner Jupiter 900 Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $1,575,000 0.0% $349 / Sq Ft
02/22/2016 02/22/16 Off Market $1,575,000 -- --
02/04/2016 02/04/16 For Sale $1,650,000 -- $366 / 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 $38,332 $1,481,300 $44,600 $1,436,700
2023 $38,332 $1,613,900 $44,600 $1,569,300
2022 $38,449 $1,613,900 $44,600 $1,569,300
2021 $35,855 $1,552,100 $44,600 $1,507,500
2020 $38,228 $1,648,700 $44,600 $1,604,100
2019 $20,531 $1,639,500 $44,600 $1,594,900
2018 $18,550 $1,466,700 $44,600 $1,422,100
2017 $15,864 $1,458,800 $44,600 $1,414,200
2016 $15,243 $1,443,100 $44,600 $1,398,500
2014 $9,313 $846,900 $44,600 $802,300
2013 $20,867 $1,071,900 $44,600 $1,027,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21397411

MIBOR Broker Listing Cooperative®

APN: 49-11-12-224-011.800-101