NOT LISTED FOR SALE

4500 Kessler Boulevard East Dr Indianapolis, IN 46220

Allisonville Neighborhood

Estimated Value: $845,000 - $1,431,751

7 Beds
5.5 Baths
11,004 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $1,575,000 $143 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $7,467/month

132 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Colonial Architecture
  • Clearwater Elementary School Rated A-
  • 4.18 Acre Lot
  • Great Room with Fireplace

About This Home

As of August 2016

This grand, gated estate features a luxury residence, picturesque guest house and multiple garages (3 attached, 3 separate!) that are all on 4 acres just ten minutes from Downtown! The CA 1936 residence has undergone extensive renovations and additions that feature opulent period and luxury modern detail befitting one of early Indy's finest country estates-perfect for gracious daily living. A limestone terrace leads to a salt-water pool, outdoor kitchen and views over the lush landscape.

Last Agent to Sell the Property

Joe Everhart

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

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Joe Everhart

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,996

Year Built

  • Built in 1936

Lot Details

  • 4.18 Acre Lot
  • Property is Fully Fenced

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Sound System
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 3 Fireplaces
  • Den with Fireplace
  • Security System Owned
  • Unfinished Basement

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Fire Pit
  • Outdoor Gas Grill

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Well
  • Gas Water Heater
  • Water Purifier
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 490704132006000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,996

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1936
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 4.18
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: This grand, gated estate features a luxury residence, picturesque guest house and multiple garages (3 attached, 3 separate!) that are all on 4 acres just ten minutes from Downtown! The CA 1936 residence has undergone extensive renovations and additions that feature opulent period and luxury modern detail befitting one of early Indy's finest country estates-perfect for gracious daily living. A limestone terrace leads to a salt-water pool, outdoor kitchen and views over the lush landscape.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Ice Maker, Kit Exhaust, Microwave, Gas Oven, Double Oven, Refrigerator, Washer
  • Levels: Three Or More
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Fireplace Features: Den/Library Fireplace, Gas Log, Great Room, Woodburning Fireplce
  • Fireplaces: 3
  • Interior Amenities: Raised Ceiling(s), Wet Bar
  • Living Area: 11004
  • Other Equipment: Gas Grill, Hot Tub, Security Alarm Paid, Surround Sound, Water Purifier
  • Room Count: 13
  • Areas Interior: Foyer Large,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room,Kitchen Updated,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 9250
  • Main Level Sq Ft: 4900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Shower Stall Full,TubFull,Sitting Room,Closet Walk in
  • Total Sq Ft: 11004
  • Below Grade Sq Ft: 1754
  • Upper Level Sq Ft: 4350
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Carriage/Guest House, Fence Complete, Fire Pit, In Ground Pool
  • Foundation Details: Block
  • List Price: 1950000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Wrap Around Porch

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 3 Car Attached,3 Car Detached,Multiple Garages
  • Garage Parking Other: Garage Door Opener,Heated,Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Well
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490704132006000800
  • Acres: 3-5 Acres
  • Lot Information: Not In Subdivision,Tree Mature,Wooded
  • Lot Number: 1
  • Lot Size: 4.18

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 24996
  • Semi Annual Property Tax Amt: 12498
  • Tax Exemption: None
  • Multiple Tax I D: 490704132004000800

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Aug 12, 2016
Sold by
Deveydt Wayne S
Bought by
Tobias Eric M and Tobias Laura H
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Joe Everhart
Everhart Studio, Ltd.
List Price
$2,000,000
Sold Price
$1,575,000
Premium/Discount to List
-$425,000
-21.25%
Total Days on Market
132
Current Estimated Value
$1,079,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$495,083
Avg. Annual Appreciation
-2.84%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Dillon Francis X and Dillon Elizabeth F
Bought by
Deveydt Wayne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

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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
Tobias Eric M -- First American Title
Deveydt Wayne S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobias Eric M $1,400,000
Previous Owner Deveydt Wayne S $1,012,500
Previous Owner Dillon Elizabeth F $905,000
Previous Owner Dillon Francis X $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $1,575,000 0.0% $143 / Sq Ft
07/19/2016 07/19/16 Off Market $1,575,000 -- --
05/23/2016 05/23/16 Price Changed $1,950,000 -2.5% $177 / Sq Ft
04/04/2016 04/04/16 For Sale $2,000,000 -- $182 / 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 $20,828 $1,634,900 $94,300 $1,540,600
2023 $20,828 $1,381,400 $94,300 $1,287,100
2022 $27,038 $1,354,200 $94,300 $1,259,900
2021 $22,242 $1,449,000 $94,300 $1,354,700
2020 $20,620 $1,433,000 $94,300 $1,338,700
2019 $20,477 $1,538,700 $94,300 $1,444,400
2018 $19,115 $1,476,800 $94,300 $1,382,500
2017 $19,527 $1,530,800 $94,300 $1,436,500
2016 $16,069 $1,357,700 $94,300 $1,263,400
2014 $24,146 $1,171,500 $94,300 $1,077,200
2013 $12,610 $1,171,500 $94,300 $1,077,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21408159

MIBOR Broker Listing Cooperative®

APN: 49-07-04-132-006.000-800