NOT LISTED FOR SALE

4950 Potomac Square Way Unit 1 Indianapolis, IN 46268

Snacks/Guion Creek Neighborhood

Estimated Value: $169,000 - $182,000

2 Beds
2.5 Baths
2,000 Sq Ft
$88/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $80,000 $40 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,068/month

Highlights

  • Thermal Windows
  • Woodwork
  • Central Air
  • 2 Car Attached Garage
  • Walk-In Closet
  • Combination Dining and Living Room

About This Home

As of April 2019

Charming condo nestled in the back of the neighborhood offers maintenance free living. Home has spacious master suite with large walk in closet space, upper level laundry area, guest bedroom has it's own outdoor enclosed deck for enjoying morning sunrise/evening sunsets. Enjoy a reading a good book by the fireplace, or feeding the birds from the private patio adjacent to the dining area. Two car garage, low maintenance fee, professionally managed complex.

Last Agent to Sell the Property

Sandra Welch-Richard

S K Richard & Associates,LLC License #RB14035804 Listed on: 02/20/2019

Last Buyer's Agent

David Morris

eXp Realty, LLC License #RB14033096

eXp Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $542

Year Built

  • Built in 1999

Lot Details

  • 871 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 490436138117000600

Community Details

Overview

  • Association fees include insurance, maintenance structure, maintenance, management
  • 6500 Georgetown Hpr Subdivision
  • Property managed by Association Management

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$542

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1999
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: 6500 GEORGETOWN HPR
  • Inspection Warranties: Not Applicable
  • Property Description: Charming condo nestled in the back of the neighborhood offers maintenance free living. Home has spacious master suite with large walk in closet space, upper level laundry area, guest bedroom has it's own outdoor enclosed deck for enjoying morning sunrise/evening sunsets. Enjoy a reading a good book by the fireplace, or feeding the birds from the private patio adjacent to the dining area. Two car garage, low maintenance fee, professionally managed complex.
  • Transaction Type: Sale
  • Website: www.SandraRichard.com
  • Floor Number: 1
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 2000
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer Small,Laundry Room Upstairs
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2000
  • Main Level Sq Ft: 567
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom, Split,Closet Walk in,TubFull with Shower
  • Total Sq Ft: 2000
  • Kitchen Features: Breakfast Bar,Kitchen Galley
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1433
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 74900
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Guest Street Parking,Courtyard Load Garage
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Association Management
  • Management Company Phone: 317-915-0400
  • Condo Description Location: Building Private Entry,End Unit
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance Structure, Maintenance, Management
  • Mandatory Fee: 185

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490436138117000600
  • Acres: <1/4 Acre
  • Lot Information: Street Lights,Suburban
  • Lot Number: 0
  • Lot Size: 871

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 542
  • Semi Annual Property Tax Amt: 271
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Apr 5, 2019
Sold by
Carlyle Denise L
Bought by
Chu Ming H
Seller's Agent
Sandra Welch-Richard
S K Richard & Associates,LLC
Buyer's Agent
David Morris
eXp Realty, LLC
List Price
$74,900
Sold Price
$80,000
Premium/Discount to List
$5,100
6.81%
Current Estimated Value
$175,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,709
Avg. Annual Appreciation
13.05%
Original Mortgage
$77,600
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Chu Ming H $80,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Ming H $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $80,000 +6.8% $40 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $74,900 -- $37 / 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 $1,639 $175,600 $23,000 $152,600
2023 $1,639 $162,800 $23,000 $139,800
2022 $1,333 $134,300 $23,000 $111,300
2021 $1,133 $115,500 $23,000 $92,500
2020 $888 $100,500 $23,000 $77,500
2019 $665 $87,100 $23,000 $64,100
2018 $644 $85,200 $23,000 $62,200
2017 $604 $82,900 $23,000 $59,900
2016 $530 $78,400 $23,000 $55,400
2014 $460 $77,700 $23,000 $54,700
2013 $448 $77,700 $23,000 $54,700
Source: Public Records

Agents Affiliated with this Home

  • Sandra Welch-Richard

    Seller's Agent in 2019

    Sandra Welch-Richard

    S K Richard & Associates,LLC

    (317) 289-6211

    13 Total Sales

    Sandra Welch-Richard
    Section Image

  • D

    Buyer's Agent in 2019

    David Morris

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21618532

MIBOR Broker Listing Cooperative®

APN: 49-04-36-138-117.000-600

Indiana Marion County Indianapolis 46268 Snacks/Guion Creek

4950 Potomac Square Way Unit 1, Indianapolis, IN

This home is located at 4950 Potomac Square Way Unit 1, Indianapolis, IN 46268 since 20 February 2019 and is currently estimated at $175,709, approximately $87 per square foot. This property was built in 1999. 4950 Potomac Square Way Unit 1 is a home located in Marion County with nearby schools including Pike High School and The Children's House.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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