NOT LISTED FOR SALE

Estimated Value: $533,000 - $805,000

5 Beds
4.5 Baths
5,372 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $473,000 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,298/month

3 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Backs to Open Ground
  • Prairie Vista Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2016

Stately brick home, finely appointed with thoughtful attention to detail throughout to include spectacular show winning garden on beautiful Cinnamon Teal Lake in Quail Valley. From the moment you pull up into the long drive that can park 10 cars, you will see brick light pillars and gorgeous landscaping. As you proceed to the front door, you will pass a pond/fountain feature with a stream that flows under the sidewalk. There are also a couple pathways through the landscaping that leads out to the front lawn for guest to enter up to the front door. Once in the home you will find a grand two story open foyer & staircase. The foyer is opened to the formal living and dining room. There is a first floor bedroom with a full bath. This bedroom could also serve as an office/den w/custom built in shelves. The beautiful big bright Kitchen has white cabinetry, granite countertops w/ogee finished edges, stainless steel GE Monogram Appliances, island with prep sink, and a breakfast bar area with sliding doors that lead out to the deck that overlooks Cinnamon Teal Lake. There is a first floor laundry with laundry sink, cabinets, coat closet and the washer & dryer are included. The kitchen area is open to the family room. The family room has vaulted ceilings, skylights, fireplace, sliding doors that lead out to a four seasons room, and there is a back 2nd staircase that leads up to the open loft area. Once upstairs you will find 2 nice size bedrooms, a full bath with dbl sinks, and the Master Suite w/vaulted ceilings and his & her closets. The master bath offers dbl sinks, separate shower and jetted tub. The lower level is finished and offers a walk-out basement, a guest bedroom with daylight windows, wet-bar area, full bath, family room with fireplace, a kitchen room area and another room that could be used as a craft room or exercise room. The lower level walk-out has a patio, area under the four season room is prepped for a sauna and extra storage space plus a paddle boat for the lake. This home has 9' ceiling on the first floor and lots of windows that allows so much natural light in and beautiful views of the lake, all new carpet, hardwoods, light fixtures throughout, and tons of storage. There is a huge 3 car garage that has a staircase that leads down to the lower level family room. The kitchen has a RO system. Close to shopping, hospitals, and banks. Please call today for a private showing.

Last Listed By

Kristin Perkins

RE/MAX 100 Listed on: 06/29/2016

RE/MAX 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,981

Year Built

  • Built in 1991

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 146x160
  • Lake Front
  • Backs to Open Ground
  • Cul-De-Sac
  • Landscaped
  • Irrigation

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-in Bookshelves
  • Chair Railings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • $21 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 71-04-15-306-020.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,981

Year Built

Built in 1991

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1991
  • Age: 25
  • Style: Two Story
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: Quail Valley at knoll wood Sec 4 Lot 105
  • Parcel Number ID: 71-04-15-306-020.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Cable Available, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Chair Rail, Closet(s) Walk-in, Countertops-Solid Surf, Deck Open, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Irrigation System, Kitchen Island, Landscaped, Open Floor Plan, Range/Oven Hook Up Gas, Skylight(s), Utility Sink, Wet Bar, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Formal Dining Room, Garage-Heated, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry
  • Cross Street: Saddle Ridge
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 98.54
  • Special Features: None

Interior Features

  • Total Sq Ft: 5492
  • Total Finished Sq Ft: 5372
  • Above Grade Finished Sq Ft: 3892
  • Below Grade Finished Sq Ft: 1480
  • Below Grade Sq Ft: 120
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Basement, Gas Starter
  • Flooring: Hardwood Floors, Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 14x18, On Level: Main
  • Kitchen: Dimensions: 15x23, On Level: Main
  • Dining Room: Dimensions: 14x23, On Level: Main
  • Family Room: Dimensions: 17x24, On Level: Main
  • Recreation Room: Dimensions: 16x46, On Level: Lower
  • Extra Room: kitchen/storage, Dimensions: 12x12, On Level: Lower
  • Bedroom 1: Dimensions: 14x17, On Level: Upper
  • Bedroom 2: Dimensions: 14x18, On Level: Upper
  • Bedroom 3: Dimensions: 14x14, On Level: Upper
  • Bedroom 4: Dimensions: 14x14, On Level: Main
  • Bedroom 5: Dimensions: 12x17, On Level: Lower
  • Other Room1: craft/storage/workout, Dimensions: 12x14, On Level: Lower
  • Other Room 2: all seasons room, Dimensions: 14x24, On Level: Main
  • Loft: Dimensions: 12x24, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1600

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 32x24
  • Garage Sq Ft: 768

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Indiana Michigan Power
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 125
  • Association Fees Frequency: Annually
  • Other Fee Description: Lake Association Dues
  • Other Fees Dollar: 250

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Prairie Vista
  • Middle School: Schmucker
  • High School: Penn

Lot Info

  • Lot Description: Cul-De-Sac, Waterfront, Water View
  • Lot Dimensions: 146X160
  • Estimated Lot Sq Ft: 23361
  • Estimated Lot Size Acres: 0.5363
  • Lot Number: 105

Tax Info

  • Annual Taxes: 7981
  • Total Assessed Value: 330600

Multi Family

  • Water Access: Lakefront

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Aug 12, 2016
Sold by
Patel Mayur A
Bought by
Patel Mayur A and Patel Sneha M
Seller's Agent
Kristin Perkins
RE/MAX 100
Buyer's Agent
Francie Rosen
Weichert Rltrs-J.Dunfee&Assoc.
List Price
$480,000
Sold Price
$473,000
Premium/Discount to List
-$7,000
-1.46%
Total Days on Market
3
Current Estimated Value
$689,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,427
Avg. Annual Appreciation
4.82%
Original Mortgage
$378,400
Interest Rate
3.41%
Mortgage Type
New Conventional

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
Patel Mayur A -- --
Patel Mayur A -- Metropolitan Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Mayur A $100,000
Open Patel Mayur A $400,000
Closed Patel Mayur A $378,400
Previous Owner Vijay Rao Geeth $326,320
Previous Owner Rao Geeth Vijay $81,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $473,000 -1.5% $88 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $480,000 -- $89 / Sq Ft
Source: Indiana Regional MLS

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 $5,142 $645,500 $152,300 $493,200
2023 $5,094 $566,200 $152,300 $413,900
2022 $5,662 $566,200 $152,300 $413,900
2021 $5,135 $508,700 $120,200 $388,500
2020 $4,906 $485,800 $114,800 $371,000
2019 $4,210 $416,200 $91,400 $324,800
2018 $3,964 $391,100 $85,300 $305,800
2017 $4,071 $385,600 $85,300 $300,300
2016 $4,300 $397,100 $85,300 $311,800
2014 $7,024 $330,600 $76,200 $254,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201630165

Indiana Regional MLS

APN: 71-04-15-306-020.000-011