$255,000
SOLD AUG 25, 2025

5 Watson Dr Trafalgar, IN 46181

3 Beds
2 Baths
1,244 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of August 2025

NEW CUSTOM-BUILT HOME...This new ranch home is light, bright and cheery featuring an open concept living space. The vaulted ceiling and natural light create an inviting atmosphere, perfect for relaxed living and entertaining. The kitchen features stainless steel appliances, a center island with breakfast bar and a pantry...a stylish and practical space for meal preparation and casual dining at the kitchen bar. The residence features three bedrooms and two full baths. A laundry/mud room leads to the backyard. Desirable location...in Spring Lake Estates and within 1/2 mile of Indian Creek Schools.

Last Agent to Sell the Property

Marla Clemens

My Agent License #RB14040001 Listed on: 06/10/2025

Last Buyer's Agent

Angela Young

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,244 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Family or Dining Combination
  • Crawl Space
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Indian Creek Elementary School
  • Indian Creek Middle School
  • Indian Creek Intermediate School
  • Indian Creek Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 9,583 Sq Ft Lot

Community Details

  • Association Phone (317) 494-0299
  • Spring Lake Estates Subdivision
  • Property managed by Spring Lake Estates HOA
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 411002044040000016
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$658

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: VanDeman Builders
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2025
  • Building Area Total: 1244
  • Garage Y N: Yes
  • Lot Size Acres: 0.22
  • Subdivision Name: Spring Lake Estates
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Paddle Fan, Pantry, Walk-In Closet(s)
  • Living Area: 1244
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1244
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered
  • Property Condition: New Construction
  • Construction Stage: Completed

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 90
  • Association Fee Frequency: Annually
  • Association Phone: 317-494-0299
  • Association YN: Yes
  • Management Company Name: Spring Lake Estates HOA
  • H O A Disclosures: Covenants & Restrictions

Schools

  • Middle Or Junior School: Indian Creek Middle School
  • MBR_IntermediateSchool: Indian Creek Intermediate School

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9583
  • Parcel Number: 411002044040000016
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 658
  • Tax Block: 1
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 329

MLS Schools

  • Elementary School: Indian Creek Elementary School
  • High School: Indian Creek Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Aug 25, 2025
Sold by
Vandeman Builders Incorporated
Bought by
Cutrone Mary Cavaliere
Seller's Agent
Marla Clemens
My Agent
Buyer's Agent
Angela Young
List Price
$280,000
Sold Price
$255,000
Premium/Discount to List
-$25,000
-8.93%
Views
33
Current Estimated Value
$258,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,151
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Feb 11, 2022
Sold by
Wilson Brad A and Wilson Kelly J
Bought by
Vandeman Builders Incorporated

Purchase Details

Closed on
Nov 9, 2016
Sold by
Schlenz Thomas P
Bought by
Wilson Brad A and Wilson Kelly J
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed -- Warner Timothy R
Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 Sold $255,000 -5.6% $205 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
07/24/2025 07/24/25 Price Changed $270,000 -1.8% $217 / Sq Ft
07/10/2025 07/10/25 Price Changed $275,000 -1.8% $221 / Sq Ft
06/10/2025 06/10/25 For Sale $280,000 -- $225 / 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
2025 $658 $162,200 $40,000 $122,200
2024 $658 $34,000 $34,000 $0
2023 $665 $34,000 $34,000 $0
2022 $465 $23,500 $23,500 $0
2021 $418 $21,300 $21,300 $0
2020 $344 $17,500 $17,500 $0
2019 $349 $17,500 $17,500 $0
2018 $362 $17,500 $17,500 $0
2017 $366 $17,500 $17,500 $0
2016 $373 $18,700 $18,700 $0
2014 $357 $18,700 $18,700 $0
2013 $357 $18,700 $18,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22044096

MIBOR Broker Listing Cooperative®

APN: 41-10-02-044-040.000-016