NOT LISTED FOR SALE

4950 Potomac Square Way Unit 2 Indianapolis, IN 46268

Snacks/Guion Creek Neighborhood

Estimated Value: $151,346 - $173,000

2 Beds
2 Baths
1,120 Sq Ft
$145/Sq Ft Est. Value

Highlights

  • Contemporary Architecture
  • Balcony
  • Forced Air Heating and Cooling System
  • Breakfast Room
  • 2 Car Attached Garage

About This Home

As of March 2020

This is a great opportunity on a 2 bedroom, 2 bath open concept condo. Large great room with vaulted ceilings and nice fireplace. Your kitchen is open to the breakfast nook. Ready to move in.

Last Agent to Rent the Property

Peggy Pierce

Weichert, Realtors-Tralee Prop License #RB14034242 Listed on: 02/27/2020

Weichert, Realtors-Tralee Prop

Last Renter's Agent

Peggy Pierce

Weichert, Realtors-Tralee Prop

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1999

Lot Details

  • 871

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Great Room with Fireplace
  • Breakfast Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for electricity gas insurance
  • The owner pays for ho fee
  • 12-Month Minimum Lease Term
  • $35 Application Fee
  • Assessor Parcel Number 490436138116000600

Community Details

Overview

  • Association fees include entrance common lawncare maintenance grounds management
  • Georgetown Subdivision
  • Property managed by AMI

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $250

Property Details

Home Type

Co-Op

Year Built

Built in 1999

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity,Gas,Insurance
  • Lease Price: 1000.00
  • Min Lease Req: 12
  • Pet Deposit: 250
  • Security Deposit: 1000
  • Smoking: 0
  • Application Fee: 35.00
  • Security Deposit Refundable Y N: 1
  • Leased Type: Leased
  • Lease Termin Months: 12

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1999
  • Garage Y N: Yes
  • Subdivision Name: GEORGETOWN
  • Inspection Warranties: General,Not Applicable
  • Property Description: This is a great opportunity on a 2 bedroom, 2 bath open concept condo. Large great room with vaulted ceilings and nice fireplace. Your kitchen is open to the breakfast nook. Ready to move in.
  • Transaction Type: Lease
  • Floor Number: 2
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Furnished: Unfurnished
  • Interior Amenities: Ceiling Vaulted,Walk-in Closet(s),Windows Thermal,Windows Vinyl,Wood Work Painted
  • Living Area: 1120
  • Other Equipment: Security Alarm Paid,Smoke Detector
  • Owner Pays: HO Association Fee
  • Room Count: 5
  • Areas Interior: Foyer Small,Laundry in Unit
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1120
  • Main Level Sq Ft: 40
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Suite,TubFull with Shower
  • Total Sq Ft: 1120
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1080

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 1000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Storage Area

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: W/Approval
  • Management Company Name: AMI
  • Management Company Phone: 317-915-0400
  • Condo Description Location: Upper Level
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Entrance Common,Lawncare,Maintenance Grounds,Management
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490436138116000600
  • Acres: <1/4 Acre
  • Lot Number: 550

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1256
  • Semi Annual Property Tax Amt: 628

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2007
Sold by
Olsen Warren A and Olsen Gwenda
Bought by
Zengraf Group Llc
Current Estimated Value
$162,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Outstanding Balance
$33,108
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$129,479

Purchase Details

Closed on
Mar 27, 2007
Sold by
Secretary Of Housing & Urban Development
Bought by
Olsen Warren A and Olsen Gwenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Outstanding Balance
$33,108
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$129,479

Purchase Details

Closed on
Oct 2, 2006
Sold by
Day Kenyel D
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 4, 2006
Sold by
Bank Of New York
Bought by
Secretary Of Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zengraf Group Llc -- None Available
Olsen Warren A -- None Available
Bank Of New York $102,609 None Available
Secretary Of Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Warren A $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Rented $1,000 0.0% --
03/10/2020 03/10/20 Under Contract -- -- --
02/27/2020 02/27/20 For Rent $1,000 +2.6% --
12/13/2018 12/13/18 Rented $975 0.0% --
11/26/2018 11/26/18 Under Contract -- -- --
10/19/2018 10/19/18 For Rent $975 +8.3% --
08/30/2017 08/30/17 Rented $900 0.0% --
08/17/2017 08/17/17 Under Contract -- -- --
08/08/2017 08/08/17 For Rent $900 -- --
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 $2,249 $116,900 $23,000 $93,900
2023 $2,249 $109,000 $23,000 $86,000
2022 $1,896 $91,400 $23,000 $68,400
2021 $1,641 $78,700 $23,000 $55,700
2020 $1,642 $78,800 $23,000 $55,800
2019 $1,448 $69,200 $23,000 $46,200
2018 $1,379 $65,800 $23,000 $42,800
2017 $1,384 $66,100 $23,000 $43,100
2016 $1,317 $62,800 $23,000 $39,800
2014 $1,254 $62,700 $23,000 $39,700
2013 $332 $62,700 $23,000 $39,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2020

    Peggy Pierce

    Weichert, Realtors-Tralee Prop

    Section Image

  • J

    Seller's Agent in 2018

    Julie Burns

    Weichert, Realtors-Tralee Prop

    Section Image

  • J

    Buyer's Agent in 2018

    Julia Burns

    Dropped Members

  • Pam Getz

    Seller's Agent in 2017

    Pam Getz

    Drake Realty

    (317) 446-3148

    29 Total Sales

    Pam Getz
    Section Image

  • F

    Buyer's Agent in 2017

    Felman Brown

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21694498

MIBOR Broker Listing Cooperative®

APN: 49-04-36-138-116.000-600

Indiana Marion County Indianapolis 46268 Snacks/Guion Creek

4950 Potomac Square Way Unit 2, Indianapolis, IN

This home is located at 4950 Potomac Square Way Unit 2, Indianapolis, IN 46268 since 27 February 2020 and is currently priced at $162,587. This property was built in 1999. 4950 Potomac Square Way Unit 2 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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