NOT LISTED FOR SALE

Estimated Value: $761,289 - $866,000

0.25 Acre
$3,251,298 Price per Acre
10,803 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $120,000

Est. 572% increase in value since last sale

Current estimated payment $4,811/month

178 Days on Market

About This Lot

As of November 2018

Quiet subdivision, easy access to major thoroughfares, located in northeast Carmel. Lot offers a raised, grassy and tree-lined area at the back that will be maintained by the community, providing natural privacy perfect for outdoor entertaining with no neighbors directly behind you. Choose between 4 approved builders to design and build your custom home in this desirable neighborhood. Homes (with lot) start at $650,000. Min sq ft requirements are 1,800 sq ft. above grade for 1-story, 2,000 above grade for 2-story.

Last Agent to Sell the Property

James Langston

Listed on: 03/17/2018

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60

Lot Details

  • 10,803 Sq Ft Lot

Community Details

  • Association fees include builder controls entrance common
  • Gray Oaks Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 29-10-20-007-013.000-018

Property Details

Property Type

Land

Est. Annual Taxes

$60

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 0.248
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: GRAY OAKS
  • Property Description: Quiet subdivision, easy access to major thoroughfares, located in northeast Carmel. Lot offers a raised, grassy and tree-lined area at the back that will be maintained by the community, providing natural privacy perfect for outdoor entertaining with no neighbors directly behind you. Choose between 4 approved builders to design and build your custom home in this desirable neighborhood. Homes (with lot) start at $650,000. Min sq ft requirements are 1,800 sq ft. above grade for 1-story, 2,000 above grade for 2-story.
  • Transaction Type: Sale
  • Website: aboutgrayoaks.com
  • Website: http://www.oldtowndesigngroup.com/gray-oaks/
  • Special Features: None

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 120000
  • Topography: Level
  • Road Access: CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Phone: 317-816-3151
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Builder Controls,Entrance Common
  • Mandatory Fee: 870

Lot Info

  • Development Status: Finished Lot(s),Plat Recorded
  • Number Of Lots: 1
  • Parcel Number: 29-10-20-007-013.000-018
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Lot Number: 11
  • Lot Size: 10800
  • Improvements: Sidewalks,StormSewer,Paved Streets
  • Land Characteristics: Platted Subdivision
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 483871
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 60
  • Semi Annual Property Tax Amt: 30
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Nov 20, 2018
Sold by
Old Town Design Group Llc
Bought by
Gray Oaks Of Carmel Llc
Seller's Agent
James Langston
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$108,000
Sold Price
$120,000
Premium/Discount to List
$12,000
11.11%
Current Estimated Value
$806,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,322
Avg. Annual Appreciation
31.64%
Original Mortgage
$621,076
Outstanding Balance
$542,917
Interest Rate
4.12%
Mortgage Type
Construction
Estimated Equity
$263,405

Purchase Details

Listed on
Mar 17, 2018
Closed on
Nov 19, 2018
Sold by
Gary Oaks Of Carmel Llc
Bought by
Fecht William J and Fecht Jane C
Seller's Agent
James Langston
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$108,000
Sold Price
$120,000
Premium/Discount to List
$12,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,076
Outstanding Balance
$542,917
Interest Rate
4.12%
Mortgage Type
Construction
Estimated Equity
$263,405
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
Gray Oaks Of Carmel Llc -- Meridian Title Co
Fecht William J -- Meridian Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fecht William J $621,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $120,000 0.0% --
09/12/2018 09/12/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $120,000 +11.1% --
03/17/2018 03/17/18 For Sale $108,000 -- --
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 $6,583 $628,600 $125,900 $502,700
2023 $6,583 $633,800 $125,900 $507,900
2022 $7,189 $633,800 $125,900 $507,900
2021 $6,636 $590,200 $125,900 $464,300
2020 $6,651 $590,200 $125,900 $464,300
2019 $250 $125,900 $125,900 $0
2018 $12 $600 $600 $0
2017 $12 $600 $600 $0
2016 $12 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21551403

MIBOR Broker Listing Cooperative®

APN: 29-10-20-007-011.000-018