NOT LISTED FOR SALE

4962 Potomac Square Place Unit 12 Indianapolis, IN 46268

Snacks/Guion Creek Neighborhood

Estimated Value: $168,000 - $172,570

2 Beds
2.5 Baths
1,228 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $162,000 $132 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,280/month

Highlights

  • Vaulted Ceiling
  • Woodwork
  • Guest Parking
  • 2 Car Attached Garage
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of June 2023

Convenient, quaint and quiet, 2-bedroom, 2.5 bath condo with 2-car garage, just waiting to be your home! Condo affords the extra space you're looking for within a very tidy community. Brand new heat pump/HVAC unit and new fridge and stove. Located so close to shopping, Eagle Creek Park, Indianapolis Motor Speedway, schools and much more. Bring your decorating ideas and use the large garage as workspace. Escape ever-rising rent and begin building equity! Water and trash removal included in monthly fee!

Last Agent to Sell the Property

Dea Bewley

Velocity Realty LLC License #RB14047242 Listed on: 05/31/2023

Last Buyer's Agent

Brenda Burke

Carpenter, REALTORS®

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 2003

Lot Details

  • Partially Fenced Property

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Patio Lot
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Vinyl Clad Windows
  • Window Screens
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Central Elementary School
  • Lincoln Middle School
  • Pike High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include home owners, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 915-0400
  • 6500 Georgetown Hpr Subdivision
  • Property managed by Association Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 490436138068000600

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,034

Year Built

Built in 2003

Lot Details

0

HOA Fees

$199 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2003
  • Building Area Total: 1228
  • Garage Y N: Yes
  • On Market Date: 2023-05-31
  • Subdivision Name: 6500 Georgetown Hpr
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Garden/Patio/Zero Lot
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: dea@velocityrealty.net
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Vaulted Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Pantry, Screens Complete, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 1228
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 508
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 720
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • List Price: 169500
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Guest Parking

Utilities

  • Cooling: Central Electric, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Trash, Water
  • Association Fee: 199
  • Association Fee Frequency: Monthly
  • Association Phone: 317-915-0400
  • Association YN: Yes
  • Management Company Name: Association Management
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Schools

  • Middle Or Junior School: Lincoln Middle School

Lot Info

  • Lot Features: Curbs, Partial Fencing, Storm Sewer
  • Property Attached Yn: Yes
  • Parcel Number: 490436138068000600
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1034
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 517
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Central Elementary School
  • High School: Pike High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 18, 2023
Sold by
Niese Michelle
Bought by
Long Jasmine
Seller's Agent
Dea Bewley
Velocity Realty LLC
Buyer's Agent
Brenda Burke
Carpenter, REALTORS®
List Price
$169,500
Sold Price
$162,000
Premium/Discount to List
-$7,500
-4.42%
Total Days on Market
0
Views
42
Current Estimated Value
$170,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,393
Avg. Annual Appreciation
2.67%
Original Mortgage
$160,000
Outstanding Balance
$156,759
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$13,634

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 23, 2018
Sold by
Preddie Adrienne E
Bought by
Chu Michelle L
Seller's Agent
Damon Stafford
Mark Dietel Realty, LLC
Buyer's Agent
Barbara Jones
Nix Real Estate Group
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$63,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2007
Sold by
Hsbc Mortgage Services Inc
Bought by
Preddie Adrienne E

Purchase Details

Closed on
Jul 31, 2006
Sold by
Sruart Brenda S
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Mcbride And Son Homes Indianapolis Llc
Bought by
Stuart Brenda S
Source: Public Records

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Range of Values:

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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
Long Jasmine $162,000 First American Title
Chu Michelle L $79,900 --
Chu Michelle L -- Mvp National Title
Preddie Adrienne E -- None Available
Hsbc Mortgage Services Inc $90,022 None Available
Stuart Brenda S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Jasmine $160,000
Previous Owner Chu Michelle L $63,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $162,000 -4.4% $132 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $169,500 +112.1% $138 / Sq Ft
05/23/2018 05/23/18 Sold $79,900 0.0% $62 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $79,900 -- $62 / 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 $1,528 $163,300 $23,000 $140,300
2023 $1,528 $154,700 $23,000 $131,700
2022 $1,276 $127,900 $23,000 $104,900
2021 $1,101 $113,500 $23,000 $90,500
2020 $875 $99,700 $23,000 $76,700
2019 $641 $85,600 $23,000 $62,600
2018 $608 $83,000 $23,000 $60,000
2017 $576 $81,200 $23,000 $58,200
2016 $503 $76,700 $23,000 $53,700
2014 $1,522 $76,100 $23,000 $53,100
2013 $1,536 $76,100 $23,000 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21917695

MIBOR Broker Listing Cooperative®

APN: 49-04-36-138-068.000-600