NOT LISTED FOR SALE

4962 Potomac Square Place Unit 3 Indianapolis, IN 46268

Snacks/Guion Creek Neighborhood

Estimated Value: $165,000 - $173,000

2 Beds
2.5 Baths
1,228 Sq Ft
871 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $110,000 $90 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,027/month

31 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of July 2020

BACK ON THE MARKET. Terrific maintenance free 2 bed,2.5 bath condo with 2 car garage. Granite kitchen counters. Open floor plan where you can relax and enjoy the fireplace. Loft offers extra space for office or sitting area. Hardwood floors on 2nd floor. Each spacious bedroom has walk in closet. Home warranty included. Convenient location. No Rentals as HOA limit has been met. NO FHA. COVID disclosure form in supplemental. Preapproval letter must accompany signed COVID form before approval to show.

Last Agent to Sell the Property

Mary Lou Silverman

United Real Estate Indpls Listed on: 05/14/2020

Last Buyer's Agent

Nicole Nail

Offerpad Brokerage, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $684

Year Built

  • Built in 2003

Lot Details

  • 871

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include entrance common lawncare snow removal trash
  • 6500 Georgetown Hpr Subdivision
  • Property managed by Association Management, Inc
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490436138059000600

Property Details

Home Type

Condominium

Est. Annual Taxes

$684

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: 6500 GEORGETOWN HPR
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: BACK ON THE MARKET. Terrific maintenance free 2 bed,2.5 bath condo with 2 car garage. Granite kitchen counters. Open floor plan where you can relax and enjoy the fireplace. Loft offers extra space for office or sitting area. Hardwood floors on 2nd floor. Each spacious bedroom has walk in closet. Home warranty included. Convenient location. No Rentals as HOA limit has been met. NO FHA. COVID disclosure form in supplemental. Preapproval letter must accompany signed COVID form before approval to show.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Electric,Living Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s),Hardwood Floors,Windows Vinyl,Wood Work Painted
  • Living Area: 1228
  • Other Equipment: Smoke Detector,Water-Softener Rented
  • Room Count: 6
  • Areas Interior: Laundry Closet,Laundry Room Upstairs
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1228
  • Main Level Sq Ft: 508
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,TubFull with Shower
  • Total Sq Ft: 1228
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 720

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 109999
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Association Management, Inc
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common,Lawncare,Snow Removal,Trash
  • Mandatory Fee: 199

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490436138059000600
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Trees Small
  • Lot Number: 0
  • Lot Size: 871

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 684
  • Semi Annual Property Tax Amt: 342
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 27, 2020
Sold by
Sims Kristen V
Bought by
Diallo Abdoul Madjidi
Seller's Agent
Mary Lou Silverman
United Real Estate Indpls
Buyer's Agent
Nicole Nail
Offerpad Brokerage, LLC
List Price
$109,999
Sold Price
$110,000
Premium/Discount to List
$1
0.0%
Total Days on Market
31
Current Estimated Value
$169,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,639
Avg. Annual Appreciation
9.34%
Original Mortgage
$104,500
Outstanding Balance
$93,486
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$76,153

Purchase Details

Listed on
Jul 20, 2017
Closed on
Sep 14, 2017
Sold by
Veronica J
Bought by
Kristen V
Seller's Agent
Karen Adamson
Realty Trust Group, LLC
Buyer's Agent
Darla Culp
List Price
$92,900
Sold Price
$85,000
Premium/Discount to List
-$7,900
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Boyce James
Bought by
Arauz Veronica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2008
Sold by
Secretary Of Housing & Urban Development
Bought by
Boyce James

Purchase Details

Closed on
Aug 7, 2007
Sold by
Countrywide Home Loans Inc
Bought by
The Secrety Of Hud

Purchase Details

Closed on
Jun 26, 2007
Sold by
Dayhuff Michael P
Bought by
Countrywide Home Loans Inc
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
Diallo Abdoul Madjidi $110,000 Meridian Title Corporation
Kristen V $85,000 --
Sims Kristen V $85,000 Meridian Title Corporation
Arauz Veronica J -- Ctic Avon
Boyce James -- Village Title Inc
The Secrety Of Hud -- None Available
Countrywide Home Loans Inc $109,102 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diallo Abdoul Madjidi $104,500
Previous Owner Arauz Veronica J $67,600
Previous Owner Arauz Veronica J $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $110,000 0.0% $90 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $109,999 0.0% $90 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $109,999 +29.4% $90 / Sq Ft
09/14/2017 09/14/17 Sold $85,000 -8.5% $69 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $92,900 -- $76 / 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 $1,345 $127,900 $23,000 $104,900
2021 $1,175 $113,500 $23,000 $90,500
2020 $949 $99,700 $23,000 $76,700
2019 $715 $85,600 $23,000 $62,600
2018 $684 $83,000 $23,000 $60,000
2017 $576 $81,200 $23,000 $58,200
2016 $503 $76,700 $23,000 $53,700
2014 $434 $76,100 $23,000 $53,100
2013 $446 $76,100 $23,000 $53,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mary Lou Silverman

    United Real Estate Indpls

  • Nicole Nail

    Buyer's Agent in 2020

    Nicole Nail

    Offerpad Brokerage, LLC

    (217) 260-2078

    Section Image
  • Karen Adamson

    Seller's Agent in 2017

    Karen Adamson

    Realty Trust Group, LLC

    (317) 753-0455

    9 Total Sales

    Karen Adamson
    Section Image

  • D

    Buyer's Agent in 2017

    Darla Culp

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21709474

MIBOR Broker Listing Cooperative®

APN: 49-04-36-138-059.000-600

Indiana Marion County Indianapolis 46268 Snacks/Guion Creek

4962 Potomac Square Place Unit 3, Indianapolis, IN

This home is located at 4962 Potomac Square Place Unit 3, Indianapolis, IN 46268 since 14 May 2020 and is currently estimated at $169,639, approximately $138 per square foot. This property was built in 2003. 4962 Potomac Square Place Unit 3 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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