NOT LISTED FOR SALE

4685 W Otway Ln New Palestine, IN 46163

Estimated Value: $370,000 - $393,000

3 Beds
2 Baths
2,008 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $295,000 $147 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,345/month

142 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • New Palestine Jr High School Rated A-
  • 3 Car Attached Garage

About This Home

As of August 2020

New construction by D.R. Horton! Welcome to the Hawthorne in Stone Crossing. This Hawthorne is gorgeous with 3 bedrooms and 2 baths and finished 3 car garage. Enjoy a spacious great room with gas fireplace and LVT flooring that leads into your beautiful kitchen and dining area. Kitchen is fabulous with island, stainless appliances, walk in pantry, quartz countertops, tile backsplash, LVT flooring and gorgeous cabinets. Split bedroom design affords the primary bedroom much privacy. Enjoy relaxing in the beautiful primary bedroom en-suite with shower, double sinks and large walk in closet. Community has park and pavilion and is convenient to shopping, dining and much more.

Last Agent to Sell the Property

Marie Edwards

HMS Real Estate, LLC License #RB14030108 Listed on: 02/24/2020

Last Buyer's Agent

Fred Ellis

Ellis Appraisal Service License #CR69100230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 2020

Lot Details

  • 0.29 Acre Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 2,008 Sq Ft Home
  • 1 Fireplace
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Association fees include management
  • Stone Crossing Subdivision
  • Property managed by Ardsley Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 4685otway

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,257

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: D.R. Horton
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2020
  • Garage Y N: Yes
  • Lot Size Acres: 0.2921
  • Subdivision Name: STONE CROSSING
  • Inspection Warranties: Warranty Builders
  • Property Description: New construction by D.R. Horton! Welcome to the Hawthorne in Stone Crossing. This Hawthorne is gorgeous with 3 bedrooms and 2 baths and finished 3 car garage. Enjoy a spacious great room with gas fireplace and LVT flooring that leads into your beautiful kitchen and dining area. Kitchen is fabulous with island, stainless appliances, walk in pantry, quartz countertops, tile backsplash, LVT flooring and gorgeous cabinets. Split bedroom design affords the primary bedroom much privacy. Enjoy relaxing in the beautiful primary bedroom en-suite with shower, double sinks and large walk in closet. Community has park and pavilion and is convenient to shopping, dining and much more.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log,Great Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Raised,Walk-in Closet(s),Windows Thermal,Windows Vinyl
  • Living Area: 2008
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2008
  • Main Level Sq Ft: 2008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 2008
  • Kitchen Features: Center Island,Pantry WalkIn

Exterior Features

  • Construction Materials: Brick,Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 299900
  • Association Maintained Building Exterior: 0
  • Construction Stage: Trim Stage
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry
  • Garage Sq Ft: 662

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Ardsley Management
  • Management Company Phone: 317-253-1401
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management
  • Mandatory Fee: 400

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 4685otway
  • Acres: 1/4-1/2 Acre
  • Lot Number: 229
  • Lot Size: 12727

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None
  • Multiple Tax I D: No

MLS Schools

  • School District: Southern Hancock County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 17, 2020
Sold by
D R Horton Indiana Llc
Bought by
Ellis Thomas R and Ellis Terrance A
Seller's Agent
Marie Edwards
HMS Real Estate, LLC
Buyer's Agent
Fred Ellis
Ellis Appraisal Service
List Price
$309,928
Sold Price
$295,000
Premium/Discount to List
-$14,928
-4.82%
Current Estimated Value
$380,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,632
Avg. Annual Appreciation
5.71%
Original Mortgage
$266,000
Outstanding Balance
$238,191
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$151,697

Purchase Details

Closed on
Nov 9, 2018
Sold by
Westport Homes Inc
Bought by
D R Horton Indiana Llc

Purchase Details

Closed on
Aug 24, 2018
Sold by
Timberstone Development Llc
Bought by
Westport Homes Inc
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
Ellis Thomas R $295,000 Dhi Mortgage Company Ltd
D R Horton Indiana Llc $42,796 First American Title Insurance
Westport Homes Inc $80,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Thomas R $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $295,000 -1.6% $147 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $299,900 -2.3% $149 / Sq Ft
05/08/2020 05/08/20 Price Changed $306,900 -1.0% $153 / Sq Ft
02/24/2020 02/24/20 For Sale $309,928 -- $154 / 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 $3,257 $325,700 $70,000 $255,700
2023 $3,257 $300,300 $70,000 $230,300
2022 $3,147 $314,700 $32,000 $282,700
2021 $2,799 $278,400 $32,000 $246,400
2020 $45 $1,200 $1,200 $0
2019 $45 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21696683

MIBOR Broker Listing Cooperative®

APN: 30-10-20-204-229.000-013