NOT LISTED FOR SALE

488 W Kessler Blvd Dr W Indianapolis, IN 46228

Estimated Value: $999,000 - $1,386,501

4 Beds
3.5 Baths
5,685 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $715,000 $126 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,034/month

Highlights

  • Cape Cod Architecture
  • Mature Trees
  • 3 Car Attached Garage
  • North Central High School Rated A-
  • Deck
  • Family or Dining Combination

About This Home

As of December 2020

Resting on a private .81 acre lot within desirable Crows Nest, this stunning offering boasts the following: Dramatic open floor plan with two-story entry beaming with natural light, exceptional kitchen with handcrafted cabinetry, stone countertops and custom tile backsplash, remarkable family room looking onto the private backyard with deck and patio with firepit. Impressive main floor master suite with fireplace, distinguished tile shower, double vanities and substantial walk-in closet. Three bedrooms up with massive unfinished bonus room ideal for expansion complete this opportunity. This is a must see!

Last Agent to Sell the Property

Matthew Kressley

F.C. Tucker Company License #RB14047074 Listed on: 11/06/2020

F.C. Tucker Company

Last Buyer's Agent

Gary Swift

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,078

Year Built

  • Built in 1954

Lot Details

  • 0.81 Acre Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace With Gas Starter
  • Family or Dining Combination
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Crows Nest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490602111004000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,078

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1954
  • Garage Y N: Yes
  • Lot Size Acres: 0.81
  • Subdivision Name: CROWS NEST
  • Inspection Warranties: Not Applicable
  • Property Description: Resting on a private .81 acre lot within desirable Crows Nest, this stunning offering boasts the following: Dramatic open floor plan with two-story entry beaming with natural light, exceptional kitchen with handcrafted cabinetry, stone countertops and custom tile backsplash, remarkable family room looking onto the private backyard with deck and patio with firepit. Impressive main floor master suite with fireplace, distinguished tile shower, double vanities and substantial walk-in closet. Three bedrooms up with massive unfinished bonus room ideal for expansion complete this opportunity. This is a must see!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial,Unfinished
  • Appliances: Gas Cooktop,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Disposal,Kit Exhaust,Microwave,Gas Oven,Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Vaulted,Walk-in Closet(s),Hardwood Floors,Windows Wood,Wood Work Painted
  • Living Area: 5685
  • Other Equipment: CO Detectors,Network Ready,Security Alarm Paid,Smoke Detector,Sump Pump,Surround Sound,Programmable Thermostat,Water-Softener Owned
  • Room Count: 9
  • Areas Interior: Bath Jack-n-Jill,Bath Sinks Double Main,Foyer - 2 Story,Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 5200
  • Main Level Sq Ft: 2200
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Fireplace,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 5685
  • Kitchen Features: Center Island,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 485
  • Upper Level Sq Ft: 3000
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Cement Siding,Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Fence Full Rear,Fire Pit
  • Foundation Details: Block
  • List Price: 719900
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck Main Level

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Dual,Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490602111004000800
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature
  • Lot Number: 7
  • Lot Size: 153x231

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 7078
  • Semi Annual Property Tax Amt: 3539
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 15, 2020
Sold by
Burns Camden B and Burns Keri N
Bought by
Lim Ho Steffanie Ran and Ho Darren Jen
Seller's Agent
Matthew Kressley
F.C. Tucker Company
Buyer's Agent
Gary Swift
Compass Indiana, LLC
List Price
$719,900
Sold Price
$715,000
Premium/Discount to List
-$4,900
-0.68%
Current Estimated Value
$1,134,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,625
Avg. Annual Appreciation
10.00%
Original Mortgage
$510,400
Outstanding Balance
$456,497
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$664,828

Purchase Details

Listed on
Sep 15, 2016
Closed on
Aug 1, 2017
Sold by
Bennett Christopher Michael
Bought by
Burns Camden B and Sams Keri N
Seller's Agent
Pat Haddad
Realty World Indy
Buyer's Agent
Rachel Ashcraft
F.C. Tucker Company
List Price
$699,900
Sold Price
$615,000
Premium/Discount to List
-$84,900
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$615,000
Interest Rate
3.96%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2015
Sold by
Bennett Elizabeth L
Bought by
Bennett Christopher Michael and Bennett Elizabeth Lukes

Purchase Details

Closed on
Sep 30, 2014
Sold by
Durham Brian A
Bought by
Bennett Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2014
Sold by
Riesz Nicole
Bought by
Durham Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Sanderson Kenneth R and Sanderson Karen R
Bought by
Durham Brian A and Riesz Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2007
Sold by
Wolfe Geofrey and Wolfe Susan Sanderson
Bought by
Sanderson Kenneth R and Sanderson Karen R
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
Lim Ho Steffanie Ran $715,000 Chicago Title
Burns Camden B $615,000 --
Burns Camden B $615,000 Escrow Office
Bennett Christopher Michael -- None Available
Bennett Elizabeth L -- None Available
Durham Brian A -- None Available
Durham Brian A -- Mid America Title Co Inc
Sanderson Kenneth R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Ho Steffanie Ran $510,400
Previous Owner Burns Camden B $615,000
Previous Owner Bennett Christopher Michael $65,000
Previous Owner Bennett Christopher Michael $46,500
Previous Owner Bennett Elizabeth L $175,750
Previous Owner Durham Brian A $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $715,000 -0.7% $126 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $719,900 +17.1% $127 / Sq Ft
08/01/2017 08/01/17 Sold $615,000 -5.2% $108 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $649,000 -0.2% $114 / Sq Ft
04/20/2017 04/20/17 Price Changed $649,999 0.0% $114 / Sq Ft
03/30/2017 03/30/17 Price Changed $650,000 -1.4% $114 / Sq Ft
03/02/2017 03/02/17 Price Changed $659,000 -0.2% $116 / Sq Ft
01/16/2017 01/16/17 Price Changed $660,000 -1.5% $116 / Sq Ft
01/06/2017 01/06/17 Price Changed $669,900 -0.7% $118 / Sq Ft
12/12/2016 12/12/16 Price Changed $674,900 -2.2% $119 / Sq Ft
10/28/2016 10/28/16 Price Changed $689,900 -1.4% $121 / Sq Ft
09/15/2016 09/15/16 For Sale $699,900 -- $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 $10,370 $735,600 $43,700 $691,900
2023 $10,370 $743,000 $43,700 $699,300
2022 $10,760 $743,000 $43,700 $699,300
2021 $9,319 $663,200 $37,800 $625,400
2020 $7,767 $588,300 $37,800 $550,500
2019 $7,240 $588,300 $37,800 $550,500
2018 $7,255 $605,500 $37,800 $567,700
2017 $2,311 $193,800 $37,800 $156,000
2016 $2,111 $188,200 $37,800 $150,400
2014 $947 $122,700 $37,800 $84,900
2013 $1,005 $122,700 $37,800 $84,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21749628

MIBOR Broker Listing Cooperative®

APN: 49-06-02-111-004.000-800