NOT LISTED FOR SALE

471 Breakwater Dr Fishers, IN 46037

Olio Neighborhood

Estimated Value: $1,939,394 - $2,351,000

6 Beds
10 Baths
6,659 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $1,325,000 $199 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,481/month

850 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 1.51 Acre Lot
  • Brooks School Elementary School Rated A
  • Waterfront
  • Mature Trees

About This Home

As of October 2020

Hard to find 1.5 acre property situated in the private/gated lakefront community of Breakwater which includes a boat dock on Geist. Attn to detail is seen throughout this beautiful home designed & built by Palladium Builders. Open floor plan w/large windows & great natural light. Recent additions include, expanded kitchen, hearth rm, screened porch, Gunite saltwater pool & extensive landscaping. Great rm & open kitchen provide ample space for large groups. Owners wing includes a beautiful lib and mstr ste which opens out to the patio/pool. Huge upstairs bonus rm over the spacious 4 car garage. LL includes a lrg theater, circular bar, wine cellar, exec rm + 5th/6th brm. This home is perfect for family living as well as gracious entertaining.

Last Agent to Sell the Property

Matthew Kennedy

F.C. Tucker Company License #RB14044225 Listed on: 05/02/2018

F.C. Tucker Company

Last Buyer's Agent

Maher batarseh

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,348

Year Built

  • Built in 2003

Lot Details

  • 1.51 Acre Lot
  • Waterfront
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Wired For Sound
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Laundry on main level

Kitchen

  • Double Oven
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Screened Patio

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Power Generator
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Legal Lot and Block 20 / 2
  • Assessor Parcel Number 291502009007000020

Community Details

Overview

  • Association fees include insurance, maintenance, nature area, management, snow removal, trash
  • Breakwater Subdivision
  • Property managed by Breakwater HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,348

Year Built

Built in 2003

Lot Details

0

HOA Fees

$208 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2003
  • Building Area Total: 9928
  • Garage Y N: Yes
  • Lot Size Acres: 1.51
  • Subdivision Name: Breakwater
  • Inspection Warranties: General
  • Transaction Type: Sale
  • MBR_AttributionContact: matt_kennedy1@comcast.net
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Full, Daylight/Lookout Windows, Sump Pump w/Backup
  • Appliances: Dishwasher, Disposal, Ice Maker, Kitchen Exhaust, Microwave, Gas Oven, Double Oven, Refrigerator, Wine Cooler, Gas Water Heater, Water Purifier, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bathrooms: 10
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2942
  • Fireplace Features: Gas Log, Great Room, Hearth Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Entrance Foyer, Hi-Speed Internet Availbl, Network Ready, Center Island, Pantry, Surround Sound Wiring
  • Living Area: 6659
  • Main Level Bedrooms: 1
  • Other Equipment: Generator, Security Alarm Paid, Smoke Alarm, Theater Equipment
  • Areas Interior: Great Room - 2 Story,Living Room Formal
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 3592
  • Basement Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 3067
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4
  • SqFt Total: 9928

Exterior Features

  • Construction Materials: Stone, Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Dock
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 1349000
  • Patio And Porch Features: Open Patio, Screened Patio
  • Pool Features: Below Ground
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Asphalt, Attached, Garage Door Opener, Rear/Side Entry, Workshop in Garage
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Dual, Forced Air, Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Breakwater HOA

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Nature Area, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Gated Community, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 1.51
  • Parcel Number: 291502009007000020
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 15348
  • Tax Block: 2
  • Tax Lot: 20
  • Semi Annual Property Tax Amt: 7674
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Oct 23, 2020
Sold by
Velasquez Heriberto and Lee Helen
Bought by
Smadi Malek Mahmoud
Seller's Agent
Matthew Kennedy
F.C. Tucker Company
Buyer's Agent
Maher batarseh
F.C. Tucker Company
List Price
$1,349,000
Sold Price
$1,325,000
Premium/Discount to List
-$24,000
-1.78%
Current Estimated Value
$2,116,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,599
Avg. Annual Appreciation
9.59%
Original Mortgage
$825,000
Outstanding Balance
$743,673
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,297,742

Purchase Details

Closed on
Nov 30, 2010
Sold by
Oakwood Associates Llc
Bought by
Velasquez Heriberto and Lee Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Hale Michael Craig and Hale Ranae Ann
Bought by
Oakwood Associates Llc

Purchase Details

Closed on
Sep 3, 2004
Sold by
Palladium Group Llc
Bought by
Hale Michael Craig and Hale Ranae Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
Ausenbaugh Douglas W and Ausenbaugh Mary Jo
Bought by
Hale Michael Craig and Hale Ranae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,110
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2000
Sold by
National City Bank Of Indiana
Bought by
Ausenbaugh Douglas W and Ausenbaugh Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,637
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smadi Malek Mahmoud -- None Available
Velasquez Heriberto -- None Available
Oakwood Associates Llc $552,903 None Available
Hale Michael Craig -- Investors Titlecorp
Hale Michael Craig -- --
Ausenbaugh Douglas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smadi Malek Mahmoud $825,000
Closed Smadi Malek Mahoud $825,000
Previous Owner Valasquez Herberto $742,000
Previous Owner Velasquez Heriberto $748,000
Previous Owner Velasquez Heriberto $760,000
Previous Owner Hale Michael Craig $520,936
Previous Owner Hale Michael Craig $512,000
Previous Owner Hale Michael Craig $500,000
Previous Owner Hale Michael Craig $270,000
Previous Owner Hale Michael Craig $1,260,000
Previous Owner Hale Michael Craig $950,000
Previous Owner Hale Michael Craig $165,110
Previous Owner Ausenbaugh Douglas W $161,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $1,325,000 -1.8% $199 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $1,349,000 0.0% $203 / Sq Ft
02/03/2020 02/03/20 For Sale $1,349,000 +1.8% $203 / Sq Ft
02/01/2020 02/01/20 Off Market $1,325,000 -- --
03/13/2019 03/13/19 Price Changed $1,399,000 -6.7% $210 / Sq Ft
07/18/2018 07/18/18 Price Changed $1,499,000 -3.3% $225 / Sq Ft
06/12/2018 06/12/18 Price Changed $1,550,000 -3.1% $233 / Sq Ft
05/21/2018 05/21/18 Price Changed $1,599,900 -3.0% $240 / Sq Ft
05/02/2018 05/02/18 For Sale $1,650,000 -- $248 / 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 $18,995 $1,556,200 $296,300 $1,259,900
2023 $18,995 $1,518,900 $296,300 $1,222,600
2022 $17,886 $1,378,400 $296,300 $1,082,100
2021 $18,096 $1,377,900 $296,300 $1,081,600
2020 $18,906 $1,432,900 $296,300 $1,136,600
2019 $19,146 $1,445,400 $296,300 $1,149,100
2018 $18,728 $1,406,700 $296,300 $1,110,400
2017 $15,347 $1,165,100 $296,300 $868,800
2016 $15,615 $1,186,600 $296,300 $890,300
2014 $14,315 $1,195,900 $296,300 $899,600
2013 $14,315 $1,205,300 $296,300 $909,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21563365

MIBOR Broker Listing Cooperative®

APN: 29-15-02-009-007.000-020