NOT LISTED FOR SALE

551 Forest Blvd Indianapolis, IN 46240

Estimated Value: $1,710,000 - $2,210,214

4 Beds
5 Baths
6,121 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2019

Last sale price $1,015,000 $166 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $12,210 / mo

186 Days on Market

Highlights

  • Updated Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • North Central High School Rated A-
  • Italianate Architecture
  • 2 Car Attached Garage

About This Home

As of April 2019

Wonderful opportunity to own one of the five original homes in Williams Creek. This Italianate English Tudor was featured in the first article on real estate in the Indianapolis News. Meticulously maintained, stunning detailed brickwork, exterior limestone inlays, tile roof, stone fireplace, painted beamed ceiling, stained woodwork & wrought iron. Tastefully updated with an open concept kitchen into the family room offering 10-foot ceilings. Master retreat has heated floors & high-end finishes.

Last Agent to Sell the Property

Samuel Hawkins

F.C. Tucker Company License #RB14023999 Listed on: 09/06/2018

F.C. Tucker Company

Last Buyer's Agent

Thomas Corbett

Keller Williams Indy Metro NE License #RB14038136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,292

Year Built

  • Built in 1925

Lot Details

  • 31,799 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Italianate Architecture
  • English Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Home Theater Equipment
  • Built-in Bookshelves
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Softener is Owned
  • Multiple Phone Lines

Community Details

  • Williams Creek Estates Meridian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490323122183000817

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,292

Year Built

Built in 1925

Lot Details

0.73 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: English/Tudor, Italianate
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1925
  • Garage Y N: Yes
  • Lot Size Acres: 0.73
  • Subdivision Name: WILLIAMS CREEK ESTATES MERIDIAN HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful opportunity to own one of the five original homes in Williams Creek. This Italianate English Tudor was featured in the first article on real estate in the Indianapolis News. Meticulously maintained, stunning detailed brickwork, exterior limestone inlays, tile roof, stone fireplace, painted beamed ceiling, stained woodwork & wrought iron. Tastefully updated with an open concept kitchen into the family room offering 10-foot ceilings. Master retreat has heated floors & high-end finishes.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial
  • Appliances: Gas Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Oven, Refrigerator, Trash Compactor, Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Built In Book Shelves, Walk-in Closet(s), Hardwood Floors
  • Living Area: 6121
  • Other Equipment: Heat Sensor, Multiple Phone Lines, Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Theater Equipment, Water-Softener Owned
  • Room Count: 13
  • Areas Interior: Bath Sinks Double Main,Foyer - 2 Story,Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 4679
  • Main Level Sq Ft: 2562
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Bedroom 2nd Master,Closet Walk in,Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 6121
  • Kitchen Features: Kitchen Updated
  • Below Grade Sq Ft: 1442
  • Upper Level Sq Ft: 2117
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Irrigation System
  • Foundation Details: Block, Block
  • Association Maintained Building Exterior: 0
  • Porch: Breeze Way,Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage
  • Num Parking Spaces: 2

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490323122183000817
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 104
  • Lot Size: 0.73

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 15292
  • Semi Annual Property Tax Amt: 7646
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Multiple Tax I D: 490323122144000817

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Mar 29, 2019
Sold by
Mitlak Bruce H and Mitlak Stefany L
Bought by
Servaas Peter and Clark Holly M
Seller's Agent
Samuel Hawkins
F.C. Tucker Company
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$1,075,000
Sold Price
$1,015,000
Premium/Discount to List
-$60,000
-5.58%
Current Estimated Value
$1,982,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$967,071
Avg. Annual Appreciation
9.99%
Original Mortgage
$943,950
Outstanding Balance
$813,966
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,168,105
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Servaas Peter $1,015,000 Title Services, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Servaas Peter $943,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2019 04/11/19 Sold $1,015,000 -5.6% $166 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $1,075,000 0.0% $176 / Sq Ft
03/08/2019 03/08/19 For Sale $1,075,000 -8.5% $176 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $1,175,000 -- $192 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $21,281 $1,522,100 $115,700 $1,406,400
2024 $22,719 $1,493,300 $115,700 $1,377,600
2023 $22,719 $1,595,600 $115,700 $1,479,900
2022 $21,509 $1,471,800 $115,700 $1,356,100
2021 $20,547 $1,432,000 $115,700 $1,316,300
2020 $17,428 $1,303,300 $115,700 $1,187,600
2019 $16,235 $1,312,400 $115,700 $1,196,700
2018 $15,879 $1,321,600 $115,700 $1,205,900
2017 $15,414 $1,302,800 $115,700 $1,187,100
2016 $13,100 $1,209,100 $115,700 $1,093,400
2014 $7,085 $676,900 $115,700 $561,200
2013 $7,055 $674,200 $115,700 $558,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21593992

MIBOR Broker Listing Cooperative®

APN: 49-03-23-122-144.000-817

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