NOT LISTED FOR SALE

4840 E 78th St Indianapolis, IN 46250

Allisonville Neighborhood

Estimated Value: $407,352 - $448,000

3 Beds
2.5 Baths
2,430 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $300,000 $123 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,697/month

1 Day on Market

Highlights

  • Tennis Courts
  • Updated Kitchen
  • Ranch Style House
  • Allisonville Elementary School Rated A-
  • Dining Room with Fireplace
  • Covered Patio or Porch

About This Home

As of September 2020

What a great home in a great neighborhood! Arrowhead Estate is known for its large yards, mature trees and well kept homes and 4840 E 78th St. is the 'crown jewel'. The home really "checks" all the boxes your Buyer might be looking for. Restructured exterior for a more relevant look - check! Very large, very open floor plan - check! Updated kitchen and bathrooms - check! Newly installed septic system - check! Multiple fire places - check! Hardwood floors & vinyl windows - check! New furnace and A/C - check!

Check! Check! Check! This list goes on and on but you and your Buyers should come 'check' it out for yourselves.

The Large concrete pad in backyard could be used as FC Bball, pickleball or a safe place for kids to bike & skate

Last Agent to Sell the Property

Nicole Scherrer

United Real Estate Indpls License #RB14046606 Listed on: 07/24/2020

United Real Estate Indpls

Co-Listed By

Chris Scherrer

United Real Estate Indpls License #RB14027703

Last Buyer's Agent

Ronda Pollock

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,430 Sq Ft Home
  • Woodwork
  • Double Sided Fireplace
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 490228128017000800

Community Details

Overview

  • Arrow Head Estates Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1960
  • Co List Office Phone: 317-216-8800
  • Garage Y N: Yes
  • Lot Size Acres: 0.43
  • Subdivision Name: ARROW HEAD ESTATES
  • Inspection Warranties: Other
  • Property Description: What a great home in a great neighborhood! Arrowhead Estate is known for its large yards, mature trees and well kept homes and 4840 E 78th St. is the 'crown jewel'. The home really "checks" all the boxes your Buyer might be looking for. Restructured exterior for a more relevant look - check! Very large, very open floor plan - check! Updated kitchen and bathrooms - check! Newly installed septic system - check! Multiple fire places - check! Hardwood floors & vinyl windows - check! New furnace and A/C - check! Check! Check! Check! This list goes on and on but you and your Buyers should come 'check' it out for yourselves. The Large concrete pad in backyard could be used as FC Bball, pickleball or a safe place for kids to bike & skate
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: 4840E78th.info
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Microwave, Electric Oven, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2-Sided, Dining Room, Family Room, Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Walk-in Closet(s), Windows Vinyl, WoodWorkStain/Painted
  • Living Area: 2430
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Foyer Large,Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Family Room,Formal Dining Room,Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2430
  • Main Level Sq Ft: 2430
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,TubFull with Shower,See Remarks
  • Total Sq Ft: 2430
  • Kitchen Features: Kitchen Some Updates
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Driveway Concrete, Tennis Court(s)
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: 0

Fee Information

  • Association Fee Includes: See Remarks
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490228128017000800
  • Acres: 1/4-1/2 Acre
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 16
  • Lot Size: 175x120

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2474
  • Semi Annual Property Tax Amt: 1237
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Washington Township
  • Schools: Clearwater Elementary School,Eastwood Middle,North Central High

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 10, 2020
Sold by
Phillips James D
Bought by
Wind Gail A
Seller's Agent
Nicole Scherrer
United Real Estate Indpls
Buyer's Agent
Ronda Pollock
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$429,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,088
Avg. Annual Appreciation
6.97%
Original Mortgage
$240,000
Outstanding Balance
$211,608
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$217,480

Purchase Details

Closed on
Jul 20, 2018
Sold by
Winters Donald L
Bought by
Phillips James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wind Gail A -- None Available
Phillips James D -- Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wind Gail A $240,000
Previous Owner Phillips James D $169,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $300,000 +0.3% $123 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $299,000 -- $123 / 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 $5,392 $359,100 $54,000 $305,100
2023 $5,392 $386,100 $54,000 $332,100
2022 $5,778 $305,100 $54,000 $251,100
2021 $4,481 $309,600 $36,000 $273,600
2020 $3,131 $224,000 $36,000 $188,000
2019 $2,669 $276,100 $36,000 $240,100
2018 $3,171 $239,500 $36,000 $203,500
2017 $2,841 $221,900 $36,000 $185,900
2016 $2,460 $204,500 $36,000 $168,500
2014 $2,361 $222,400 $36,000 $186,400
2013 $2,589 $229,200 $36,000 $193,200
Source: Public Records

Agents Affiliated with this Home

  • Nicole Scherrer

    Seller's Agent in 2020

    Nicole Scherrer

    United Real Estate Indpls

    (317) 506-2374

    1 in this area

    80 Total Sales

    Nicole Scherrer
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Chris Scherrer

    United Real Estate Indpls

    (317) 216-3723

    42 Total Sales

    Chris Scherrer
    Section Image

  • R

    Buyer's Agent in 2020

    Ronda Pollock

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21726324

MIBOR Broker Listing Cooperative®

APN: 49-02-28-128-017.000-800

Indiana Marion County Indianapolis 46250 Allisonville

4840 E 78th St, Indianapolis, IN

Not Listed for Sale

Detached

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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