NOT LISTED FOR SALE

520 Willow Spring Rd Indianapolis, IN 46240

Estimated Value: $3,800,272 - $4,915,000

7 Beds
14 Baths
18,622 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $3,500,000 $188 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $29,804/month

86 Days on Market

Highlights

  • In Ground Pool
  • 1.59 Acre Lot
  • Cathedral Ceiling
  • North Central High School Rated A-
  • Great Room with Fireplace
  • Traditional Architecture

About This Home

As of November 2020

STUNNING WILLIAMS CREEK ESTATES MASTERPIECE UNLIKE ANY HOME YOU HAVE SEEN! BOASTING EVERY CONCEIVABLE AMENITY INCLUDING REMARKABLE COTTAGE ADDITION WITH BREATHTAKING OUTDOOR OASIS W/RESORT-STYLE POOL, SPA & FIREPIT SURROUNDED BY MATURE TREES. EQUALLY IMPRESSIVE INTERIOR SUPERB FOR ENTERTAINING W/VAULTED CEILINGS, GORGEOUS WOOD FLRS, 6 FPLCS, BANQUET-SIZE DINING RM, SLEEK MODERN KITCHEN W/UPSCALE APPL, GENEROUS BDRMS & CLOSETS. ATTACHED COTTAGE WILL BLOW YOU AWAY W/BRIGHT OPEN CONCEPT LIVING FEATURING SOARING CEILINGS, DINING RM, FAMILY RM W/POOL ACCESS, ENTERTAINER'S KITCHEN, CATERING KITCHEN & IMPRESSIVE BAR, OFFICE & BDRM. OUTSTANDING LWR LVL W/REC RM, FULL BASKETBALL COURT, THEATRE, WET BAR, FITNESS RM, BDRMS. TOO MANY FEATURES TO LIST!

Last Agent to Sell the Property

Bif Ward

F.C. Tucker Company License #RB14008792 Listed on: 07/13/2020

F.C. Tucker Company

Last Buyer's Agent

Tyson McKinney

HCA Estates, L.L.C.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,082

Year Built

  • Built in 2007

Lot Details

  • 1.59 Acre Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Wet Bar
  • Home Theater Equipment
  • Bar Fridge
  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace in Hearth Room
  • Great Room with Fireplace
  • 6 Fireplaces
  • Den with Fireplace
  • Recreation Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Water Purifier

Community Details

  • Williams Creek Estates Meridian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490323122142000817

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,082

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2007
  • Garage Y N: Yes
  • Lot Size Acres: 1.59
  • Subdivision Name: WILLIAMS CREEK ESTATES MERIDIAN HILLS
  • Inspection Warranties: General
  • Property Description: STUNNING WILLIAMS CREEK ESTATES MASTERPIECE UNLIKE ANY HOME YOU HAVE SEEN! BOASTING EVERY CONCEIVABLE AMENITY INCLUDING REMARKABLE COTTAGE ADDITION WITH BREATHTAKING OUTDOOR OASIS W/RESORT-STYLE POOL, SPA & FIREPIT SURROUNDED BY MATURE TREES. EQUALLY IMPRESSIVE INTERIOR SUPERB FOR ENTERTAINING W/VAULTED CEILINGS, GORGEOUS WOOD FLRS, 6 FPLCS, BANQUET-SIZE DINING RM, SLEEK MODERN KITCHEN W/UPSCALE APPL, GENEROUS BDRMS & CLOSETS. ATTACHED COTTAGE WILL BLOW YOU AWAY W/BRIGHT OPEN CONCEPT LIVING FEATURING SOARING CEILINGS, DINING RM, FAMILY RM W/POOL ACCESS, ENTERTAINER'S KITCHEN, CATERING KITCHEN & IMPRESSIVE BAR, OFFICE & BDRM. OUTSTANDING LWR LVL W/REC RM, FULL BASKETBALL COURT, THEATRE, WET BAR, FITNESS RM, BDRMS. TOO MANY FEATURES TO LIST!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Refrigerator, Bar Fridge, Ice Maker, Washer
  • Levels: 2 1/2 Levels
  • Full Bathrooms: 8
  • Half Bathrooms: 6
  • Total Bathrooms: 14
  • Total Bedrooms: 7
  • Fireplace Features: Den/Library Fireplace, Great Room, Hearth Room, Recreation Room
  • Fireplaces: 6
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar
  • Living Area: 18622
  • Other Equipment: Hot Tub, Security Alarm Paid, Smoke Detector, Sump Pump, Theater Equipment, WetBar, Water Purifier, Water-Softener Owned
  • Room Count: 14
  • Areas Interior: Bath Sinks Double Main,Bedroom Other on Main,Foyer Large,Great Room - 2 Story,Living Room Formal,Laundry Room Main Level,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 11020
  • Main Level Sq Ft: 7602
  • Basement Half Bathrooms: 3
  • Main Half Bathrooms: 3
  • Master Bedroom Description: Closet Walk in,Sinks Double,Sitting Room,Tub Full with Separate Shower,Tub Whirlpool
  • Total Sq Ft: 18622
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Kitchen Updated,Pantry,Pantry WalkIn
  • Below Grade Sq Ft: 7602
  • Upper Level Sq Ft: 3418
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear, Fire Pit, In Ground Pool, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 3950000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Garage Spaces: 4
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490323122142000817
  • Acres: 1-3 Acres
  • Lot Information: Corner,Tree Mature,Trees Small,Wooded
  • Lot Number: 103
  • Lot Size: 1.59 acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 70082
  • Semi Annual Property Tax Amt: 35041
  • Tax Exemption: None
  • Multiple Tax I D: 490323122146000817

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Teague Jeffery Damarco
Bought by
520 Willow Spring Llc
Current Estimated Value
$4,405,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,995,000
Outstanding Balance
$3,964,948
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$440,476

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 18, 2020
Sold by
Lindsey Trust
Bought by
Teague Jeffrey Damacro
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
Tyson McKinney
HCA Estates, L.L.C.
List Price
$4,875,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,375,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$2,675,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2010
Sold by
Lindsey David and Lindsey Jessica
Bought by
Jessica A Lindsey Revocable Trust

Purchase Details

Closed on
Feb 10, 2009
Sold by
Hoetmer Nicholas J
Bought by
Lindsey David and Lindsey Jessica

Purchase Details

Closed on
Aug 15, 2007
Sold by
Hansen Kahn Margaret M
Bought by
Moetmer Nicholas J
Source: Public Records

Range of Values:

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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
520 Willow Spring Llc $4,700,000 None Listed On Document
Teague Jeffrey Damacro $3,500,000 Title Services, Llc
Jessica A Lindsey Revocable Trust -- None Available
Lindsey David -- Landmark Title Co Inc
Moetmer Nicholas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 520 Willow Spring Llc $3,995,000
Previous Owner Teague Jeffery Damarco $2,380,000
Previous Owner Teague Jeffrey Damacro $2,675,000
Previous Owner Hoetmer Nicholas J $1,620,000
Previous Owner Kahn Margaret Hansen $156,000
Previous Owner Hansen Kahn Margaret $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $3,500,000 -11.4% $188 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $3,950,000 -19.0% $212 / Sq Ft
07/13/2020 07/13/20 For Sale $4,875,000 -- $262 / 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 $64,266 $3,307,700 $138,400 $3,169,300
2023 $64,266 $3,589,800 $138,400 $3,451,400
2022 $60,895 $3,301,100 $138,400 $3,162,700
2021 $59,049 $3,270,400 $138,400 $3,132,000
2020 $50,915 $3,001,800 $138,400 $2,863,400
2019 $70,438 $2,990,900 $138,400 $2,852,500
2018 $46,268 $3,022,600 $138,400 $2,884,200
2017 $44,206 $3,005,100 $138,400 $2,866,700
2016 $37,603 $2,774,900 $138,400 $2,636,500
2014 $36,696 $2,785,200 $138,400 $2,646,800
2013 $16,604 $1,920,700 $138,400 $1,782,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21723370

MIBOR Broker Listing Cooperative®

APN: 49-03-23-122-142.000-817