NOT LISTED FOR SALE

550 Paradise Way E Unit A Greenwood, IN 46143

Estimated Value: $176,000 - $183,000

2 Beds
1.5 Baths
1,094 Sq Ft
$165/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $175,000 $160 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,257/month

2 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Carpet
  • 1 Car Attached Garage
  • Family or Dining Combination

About This Home

As of December 2022

Wonderful affordable condo in a perfect Greenwood location. Super easy commute to downtown Indy. Close to shopping & restaurants in Greenwood. The outside has been freshly updated. The open concept great room welcomes you when you walk in the door. The kitchen is spacious with a service window to the great room dining area + room for a kitchen island. The half a bath is there for when you have guests. The large master bedroom features double closets. The 2nd bedroom could also double as a home office w/built-in shelves. Open patio in the back is just waiting for sipping coffee in the morning. NOT a 55+ community so it is perfect for a young professional or great place to retire. All outside maintenance is covered including mowing the yard!

Last Listed By

Cindy Stockhaus

Carpenter, REALTORS® Listed on: 11/07/2022

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $934

Year Built

  • Built in 1986

Lot Details

  • 1,751 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,094 Sq Ft Home
  • Family or Dining Combination
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include insurance, lawncare, maintenance structure, maintenance, snow removal
  • Eden Estates Subdivision
  • Property managed by HOA Treasurer-Donna Justice

Listing and Financial Details

  • Assessor Parcel Number 410234033052000025

Property Details

Home Type

Co-Op

Est. Annual Taxes

$934

Year Built

Built in 1986

Lot Details

0

HOA Fees

$121 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1986
  • Building Area Total: 1094
  • Co List Office Phone: 317-888-3303
  • Garage Y N: Yes
  • Lot Size Acres: 0.0402
  • Subdivision Name: EDEN ESTATES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Double/Duplex
  • F H A Certified: 1
  • MBR_AttributionContact: hausvalueteam@callcarpenter.com
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Other Equipment: Smoke Detector
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1094
  • Main Level Sq Ft: 1094
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 175000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 240

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 121
  • Association Fee Frequency: Monthly
  • Management Company Name: HOA Treasurer-Donna Justice
  • Management Company Phone: 317-887-1104
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Ground Level
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance Structure, Maintenance, Snow Removal

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 410234033052000025
  • Acres: <1/4 Acre
  • Lot Information: Curbs
  • Lot Number: 51
  • Lot Size: 1,751

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 934
  • Semi Annual Property Tax Amt: 467
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Greenwood Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Dec 9, 2022
Sold by
Lambert Kurt
Bought by
Spencer Brian
Seller's Agent
Cindy Stockhaus
Carpenter, REALTORS®
Buyer's Agent
Lindsay Peterson
F.C. Tucker Company
List Price
$175,000
Sold Price
$175,000
Total Days on Market
2
Views
21
Current Estimated Value
$179,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,995
Avg. Annual Appreciation
1.15%
Original Mortgage
$177,500
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Listed on
Nov 7, 2022
Closed on
Nov 2, 2022
Sold by
Merrick Billie Marie
Bought by
Lambert Kurt
Seller's Agent
Cindy Stockhaus
Carpenter, REALTORS®
Buyer's Agent
Lindsay Peterson
F.C. Tucker Company
List Price
$175,000
Sold Price
$175,000
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.95%
Mortgage Type
VA

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
Spencer Brian -- Quality Title
Lambert Kurt -- Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Brian $183,840
Closed Spencer Brian $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $175,000 0.0% $160 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $175,000 -- $160 / 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 $1,539 $150,900 $21,400 $129,500
2023 $994 $113,100 $21,400 $91,700
2022 $1,062 $107,600 $16,500 $91,100
2021 $934 $98,500 $16,500 $82,000
2020 $784 $88,900 $16,500 $72,400
2019 $664 $81,800 $13,500 $68,300
2018 $667 $80,200 $5,000 $75,200
2017 $642 $79,100 $5,000 $74,100
2016 $549 $74,200 $5,000 $69,200
2014 $565 $71,200 $5,300 $65,900
2013 $565 $71,200 $5,300 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21892065

MIBOR Broker Listing Cooperative®

APN: 41-02-34-033-052.000-025