NOT LISTED FOR SALE

475 Indian Bay Blvd Merritt Island, FL 32953

Estimated Value: $974,000 - $1,118,000

5 Beds
3.5 Baths
3,579 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $650,000 $182 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,484/month

14 Days on Market

Highlights

  • Home fronts navigable water
  • Boat Lift
  • In Ground Spa
  • Lewis Carroll Elementary School Rated A-
  • Intracoastal View
  • Vaulted Ceiling

About This Home

As of February 2018

Enjoy glorious Indian River sunsets from the privacy of this gorgeous waterfront home in desirable North Merritt Island's Indian Bay Estates with no fixed bridges to Intracoastal. Enter foyer to soaring ceilings with grand balcony and staircase leading to the private and luxurious second story master suite including its own exterior balcony overlooking lush greenery and water views. Inside the master is a fireplace and second sitting area. Its bathroom is beautifully updated with white cabinets, jetted tub, separate shower and marbled grey granite. This home has separate in-law suite with entrances from pavered driveway and pool lanai area. Embrace the Indian River lifestyle with the private dock and 7500lb boat lift. Too many amazing features and amenities to describe; must see!

Last Agent to Sell the Property

Patricia Spangler

HomeSmart Coastal Realty License #3370666 Listed on: 12/26/2017

HomeSmart Coastal Realty

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,130

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • North Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • Canal
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,579 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Loft
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • In Ground Spa
  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Penny Holliday Association, Phone Number (321) 638-8880
  • Indian Bay Estates Phase Ii Stage 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-50-0000b.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,130

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, Sink
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, River, Water, Intracoastal
  • ResoSecurityFeatures: Security System Leased, Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Bay Estates Phase II Stage 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-34-50-0000b.0-0020.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 5129.7
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3579.0
  • General Property Information Building Area Total3: 5372.0
  • General Property Information Lot Size Acres: 0.38
  • General Property Information Lot Size Square Feet2: 16553.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: 321-638-8880 X 708
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Security System Leased: Yes
  • General Property Information Lot Size Dimensions: 100 ft X 165 ft
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Loft: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Guest Suite, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Total Bedrooms: 16
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: Electric Heat, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Acres: 0.38
  • Waterfront Features: Canal Front, Navigable Water, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened, Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 270.0
  • Association Name: Penny Holliday
  • Phone: +321 638-888-0708
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Penny Holliday
  • General Property Information:Association Fee: 270.0

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 100 ft X 165 ft
  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2318534
  • Parcel #: 23-36-34-50-0000b.0-0020.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5129.7

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 23, 2018
Sold by
Salach Roderick H and Salach Linda E
Bought by
Mcintyre Robert Daniel and Mcintyre Carolynn M
Seller's Agent
Patricia Spangler
HomeSmart Coastal Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%
Current Estimated Value
$1,078,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,432
Avg. Annual Appreciation
7.12%
Original Mortgage
$260,000
Interest Rate
4.04%

Purchase Details

Closed on
Feb 11, 1998
Sold by
Watkins David B and Watkins Gina Marie
Bought by
Salach Roderick H and Salach Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.07%

Purchase Details

Closed on
Jul 29, 1993
Sold by
Lawarre Robert W
Bought by
Watkins David B and Watkins Gina Marie
Source: Public Records

Range of Values:

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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
Mcintyre Robert Daniel $650,000 International Title & Esrow
Salach Roderick H $270,000 --
Watkins David B $74,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre Robert D $150,000
Open Mcintyre Robert Daniel $261,359
Closed Mcintyre Robert Daniel $260,000
Previous Owner Salach Linda E $175,000
Previous Owner Salach Roderick H $257,566
Previous Owner Salach Roderick H $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $650,000 -3.0% $182 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $670,000 -- $187 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2023 $7,299 $570,740 $0 $0
2022 $6,833 $554,120 $0 $0
2021 $7,220 $537,990 $0 $0
2020 $7,192 $530,570 $160,000 $370,570
2019 $7,611 $549,760 $175,000 $374,760
2018 $5,059 $356,340 $0 $0
2017 $5,130 $349,020 $0 $0
2016 $5,236 $341,850 $160,000 $181,850
2015 $5,413 $339,480 $160,000 $179,480
2014 $5,458 $336,790 $125,000 $211,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 801094

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-50-0000B.0-0020.00