$390,000
SOLD JUN 14, 2021

538 Indian Lake Rd Hendersonville, TN 37075

5 Beds
3 Baths
3,094 Sq Ft
1 Acres

Recently Sold

$126 Per Sq Ft

9% Below List Price

7 Days on Market

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • No HOA
  • Indian Lake Elementary School Rated A-
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of June 2022

Over 3,000 square feet! 5 bedrooms, 3 full baths! 2 wood-burning fireplaces, finished basement with full kitchen and over 900 square feet of garage space! Home to be sold as-is! Highly desired Indian Lake school district! Closing to be on or before June 18, 2021! All offers to be in by May 31, 2021 with 8pm deadline!

Last Agent to Sell the Property

Steven Fox

Powell Commercial Real Estate License #353615 Listed on: 05/25/2021

Last Buyer's Agent

Bernie Gallerani

Bernie Gallerani Real Estate License # 295782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1966

Lot Details

  • 1 Acre Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Schools

  • Indian Lake Elementary School
  • Robert E Ellis Mid Middle School
  • Hendersonville High School

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Indian Lake Forest Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083169K C 00100 00005169K

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Laminate, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2012
  • Below Grade Sq Ft: 1082
  • Building Area Units: Square Feet
  • Living Area: 3094
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Basement
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1
  • Lot Size: 150 X 231.18 IRR
  • Lot Size Units: Acres
  • Parcel #: 083169K C 00100 00005169K
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2836

MLS Schools

  • Elementary School: Indian Lake Elementary
  • High School: Hendersonville High School
  • Middle Or Junior School: Robert E Ellis Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 15, 2022
Sold by
Carlos Reyes
Bought by
White Dustin and White Angela
Seller's Agent
Wendy Gallerani
RE/MAX Choice Properties
Buyer's Agent
Julian Terrell
Haven Real Estate
List Price
$580,000
Sold Price
$595,000
Premium/Discount to List
$15,000
2.59%
Current Estimated Value
$615,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,207
Avg. Annual Appreciation
1.08%
Original Mortgage
$505,750
Outstanding Balance
$484,534
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$130,673

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 11, 2021
Sold by
Portalatin Christian G and Portalatin Brittany O
Bought by
Reyes Carlos
Seller's Agent
Steven Fox
Powell Commercial Real Estate
Buyer's Agent
Bernie Gallerani
Bernie Gallerani Real Estate
List Price
$427,000
Sold Price
$390,000
Premium/Discount to List
-$37,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.56%

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Lemmonds Phillip and Lemmonds Jane
Bought by
Portalatin Christian G and Portalatin Brittany O
Seller's Agent
Mike Hastings
Network Properties, LLC
Buyer's Agent
Mike Hastings
Network Properties, LLC
List Price
$327,900
Sold Price
$327,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.75%
Original Mortgage
$295,110
Interest Rate
3%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $390,000 None Available
Warranty Deed $327,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,750 New Conventional
Previous Owner $295,110 New Conventional
Previous Owner $144,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $595,000 +2.6% $186 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $580,000 -2.5% $181 / Sq Ft
05/19/2022 05/19/22 Off Market $595,000 -- --
05/19/2022 05/19/22 For Sale $580,000 +48.7% $181 / Sq Ft
06/14/2021 06/14/21 Sold $390,000 -8.7% $126 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $427,000 +30.2% $138 / Sq Ft
07/14/2020 07/14/20 Sold $327,900 0.0% $106 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $327,900 -- $106 / Sq Ft
Source: Realtracs

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 $1,994 $140,350 $50,000 $90,350
2023 $2,899 $89,175 $38,750 $50,425
2022 $2,908 $89,175 $38,750 $50,425
2021 $2,908 $89,175 $38,750 $50,425
2020 $2,908 $89,175 $38,750 $50,425
2019 $2,908 $0 $0 $0
2018 $1,869 $0 $0 $0
2017 $1,869 $0 $0 $0
2016 $1,869 $0 $0 $0
2015 $2,132 $0 $0 $0
2014 $1,683 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2256269

Realtracs

APN: 169K-C-001.00