NOT LISTED FOR SALE

Estimated Value: $498,000 - $581,372

2 Beds
3 Baths
2,766 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 05, 2012

Last sale price $360,000 $130 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,910/month

6 Days on Market

About This Home

As of November 2012

Sophisticated Downtown Living at The DeSoto! Rare 2 bedroom townhome w/ den, 2 car garage and a ROOF TOP PATIO! Excellent location in Lockerbie allows for short walks to Mass Ave, City Market, or Monument Circle. Includes granite, stainless appliances, gas grill, and surround sound. Basement bonus room has plumbed sink that may be converted to a wet-bar. Huge master suite has decorative volume ceiling and garden bath. 2 car, heated garage also includes plenty of additional storage space.

Last Agent to Sell the Property

Eric Jefferson

Onyx and East, LLC License #RB14039259 Listed on: 10/02/2012

Last Buyer's Agent

Tony Papalia

Artisan, REALTORS®

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,808

Year Built

  • 2006

Lot Details

  • 871

HOA Fees

  • $423 per month

Interior Spaces

  • Separate Formal Living Room

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,808

Year Built

2006

Lot Details

0

HOA Fees

$423 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • Architectural Style: Historic
  • Directions: From Meridian, go East on New York St right (South) on Park, then right (West) on Allard. Park in front of 527 Allard.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: DESOTO TOWNHOMES
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Has Basement: Daylight/Lookout Windows, Finished, Roughed In
  • Fireplace Features: Gas Log
  • Areas Interior: Living Room Formal
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1826
  • Main Level Sq Ft: 889
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Closet Walk in
  • Below Grade Sq Ft: 940
  • Upper Level Sq Ft: 937
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Wood Work Painted
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Irrigation System
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Rooftop
  • Construction Type: Cement Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Storage Area

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Condo Description Location: Building Private Entry,End Unit
  • Association Fee: 423
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Insurance, Insurance, Lawncare, Maintenance Grounds, Professional Mgmt, Snow Removal, Trash

Lot Info

  • Acres: CndHPRCoop
  • Lot Information: Corner
  • Lot Number: 0
  • Lot Size: condo

Tax Info

  • Semi Annual Property Tax Amt: 3404
  • Tax Exemption: None
  • Tax Annual Amount: 6808
  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 26, 2012
Sold by
Peyton Eric S and Peyton Lesly N
Bought by
Bailey Richard H and Bailey Tamara J
Seller's Agent
Eric Jefferson
Onyx and East, LLC
Buyer's Agent
Tony Papalia
Artisan, REALTORS®
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$546,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,343
Avg. Annual Appreciation
2.30%
Original Mortgage
$260,000
Outstanding Balance
$183,158
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$297,855

Purchase Details

Listed on
Oct 2, 2012
Closed on
Oct 29, 2012
Sold by
Peyton Eric S
Bought by
Bailey Richard H and Bailey Tamara J
Seller's Agent
Eric Jefferson
Onyx and East, LLC
Buyer's Agent
Tony Papalia
Artisan, REALTORS®
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$183,158
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$297,855

Purchase Details

Closed on
Feb 21, 2007
Sold by
Desoto Townhomes Llc
Bought by
Peyton Eric S and Peyton Lesly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bailey Richard H -- --
Bailey Richard H $360,000 --
Peyton Eric S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Richard H $50,000
Open Bailey Richard H $260,000
Previous Owner Peyton Eric S $220,000
Previous Owner Peyton Eric S $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2012 11/05/12 Sold $360,000 0.0% $130 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $360,000 -- $130 / 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 $5,634 $519,900 $85,200 $434,700
2023 $5,634 $465,200 $85,200 $380,000
2022 $5,587 $453,500 $85,200 $368,300
2021 $5,787 $486,600 $85,200 $401,400
2020 $5,667 $474,600 $85,200 $389,400
2019 $5,638 $462,200 $85,200 $377,000
2018 $4,984 $405,300 $85,200 $320,100
2017 $4,383 $405,100 $85,200 $319,900
2016 $4,315 $408,700 $85,200 $323,500
2014 $3,645 $335,500 $85,200 $250,300
2013 $3,705 $335,500 $85,200 $250,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21199093

MIBOR Broker Listing Cooperative®

APN: 49-11-01-187-038.023-101