NOT LISTED FOR SALE

561 Indian Spring Ln Buffalo Grove, IL 60089

Estimated Value: $465,000 - $611,000

4 Beds
2.5 Baths
2,115 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $445,000 $210 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,179/month

1 Day on Market

Highlights

  • Landscaped Professionally
  • Property is near a park
  • Wood Flooring
  • Ivy Hall Elementary School Rated A
  • Recreation Room
  • Formal Dining Room

About This Home

As of July 2021

2021 KITCHEN APPLIANCES! 2021 HARDWOOD FLOORING REFINISHED! Beautifully remodeled 4 bedroom, 2.1 bathroom homes nestled in AWARD-WINNING Stevenson High School district and desirable Strathmore subdivision with finished basement and an abundance of natural lighting. Brick-paver walkway and luscious landscaping lead you to the home's bright and airy layout. Gleaming hardwood flooring and neutral paint colors will greet you as you enter. Enjoy entertaining or everyday living in your various gathering spaces including formal dining room, formal living room and inviting family room which is the heart of the home featuring floor to ceiling brick fireplace. Cook your favorite meals in your gourmet kitchen boasting granite countertops, stainless steel appliances, island, eating area with exterior access and plenty of cabinetry - ideal for storage. Laundry room and half bath complete the main level. Escape to your second level master suite highlighting walk in closet and double door closet and updated ensuite. Three additional bedrooms and one full updated bathroom adorn the second level. Finished basement offers a great recreation rooom with wet-bar, game room and unfinished storage space. Fully fenced backyard is your outdoor oasis providing sun-fileld brick-paver patio. Begin enjoying this home today!

Last Agent to Sell the Property

Jane Lee

RE/MAX Top Performers License #471004433 Listed on: 06/16/2021

Last Buyer's Agent

Mafatlal Patel

Provident Realty, Inc. License #475133744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,705

Year Built

  • Built in 1970

Lot Details

  • 8,773 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,115 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Ivy Hall Elementary School
  • Twin Groves Middle School
  • Adlai E Stevenson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Property is near a park

Community Details

  • Strathmore Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,705

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Strathmore
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 593
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, 1st Floor Laundry
  • LivingArea: 2115
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Game Room, Recreation Room, Foyer, Eating Area
  • Estimated Total Finished Sq Ft: 2708
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2115
  • Basement Sq Ft: 1172
  • Fireplace Location: Family Room
  • Total Sq Ft: 3287
  • Unfinished Basement Sq Ft: 579
  • Main Level Sq Ft: 2115
  • Bedroom 2 Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Ceramic Tile
  • Kitchen: Eating Area-Table Space,Island
  • Living Room Flooring: Hardwood
  • MRD_MBB: Full
  • Master Bedroom Flooring: Hardwood
  • Master Bedroom Dimensions: 17X13
  • Bedroom 3 Flooring: Hardwood
  • Bedroom 2 Window: All
  • Laundry Flooring: Ceramic Tile
  • Living Room Windows: All
  • Master Bedroom Windows: All
  • Family Room Flooring: Hardwood
  • Bedroom 3 Window: All
  • Bedroom 4 Flooring: Hardwood
  • Dining Room Windows: All
  • Family Room Windows: All
  • Kitchen Windows: All
  • Bedroom 4 Window: All
  • Laundry Windows: None

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ivy Hall Elementary School
  • High School: Adlai E Stevenson High School
  • Middle/Junior School: Twin Groves Middle School
  • Middle/Junior School District: 96

Lot Info

  • Lot Size Acres: 0.2014
  • Lot Dimensions: 8773
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 12704.66
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 16, 2021
Sold by
Cao Jie and Wang Jing
Bought by
Cherukupally Kishore Kumar and Cherukupally Yuvaharitha
Seller's Agent
Jane Lee
RE/MAX Top Performers
Buyer's Agent
Mafatlal Patel
Provident Realty, Inc.
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$544,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,019
Avg. Annual Appreciation
4.84%
Original Mortgage
$356,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Hammer Belfor Bret H and Hammer Belfor Gael D
Bought by
Cao Jie and Wang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Eakright Lee O and Eakright Gail E
Bought by
Belfor Bret H and Hammer Belfor Gael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Cherukupally Kishore Kumar $445,000 First American Title
Cao Jie $427,000 Rtc
Belfor Bret H $367,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherukupally Kishore Kumar $356,000
Previous Owner Cao Jie $240,000
Previous Owner Cao Jie $280,000
Previous Owner Belfor Bret H $272,500
Previous Owner Eakright Lee O $250,000
Previous Owner Eakright Lee O $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $445,000 -1.1% $210 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $450,000 0.0% $213 / Sq Ft
11/30/2017 11/30/17 Rented $2,700 +17.4% --
11/15/2017 11/15/17 Under Contract -- -- --
10/30/2017 10/30/17 For Rent $2,300 -- --
Source: Midwest Real Estate Data (MRED)

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 $14,410 $157,362 $35,943 $121,419
2023 $13,524 $148,483 $33,915 $114,568
2022 $13,524 $135,694 $30,994 $104,700
2021 $13,011 $134,231 $30,660 $103,571
2020 $12,705 $134,689 $30,765 $103,924
2019 $12,530 $134,193 $30,652 $103,541
2018 $11,165 $123,877 $30,293 $93,584
2017 $10,954 $120,986 $29,586 $91,400
2016 $10,666 $115,854 $28,331 $87,523
2015 $10,382 $108,346 $26,495 $81,851
2014 $10,505 $108,073 $28,456 $79,617
2012 $10,423 $108,290 $28,513 $79,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11125130

Midwest Real Estate Data (MRED)

APN: 15-32-103-117