NOT LISTED FOR SALE

6040 Cedar Bend Way Avon, IN 46123

Estimated Value: $788,689 - $914,000

5 Beds
5.5 Baths
6,705 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $611,000 $91 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,427/month

130 Days on Market

Highlights

  • 0.63 Acre Lot
  • Family Room with Fireplace
  • Traditional Architecture
  • Cedar Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of March 2021

Luxurious custom home sits on wooded, .63-acre, cul-de-sac lot in Cedar Bend! Floorplan showcases a huge eat-in kitchen w/breakfast bar & hearth room w/gas fireplace. Catwalk overlooks two-story great room that features large windows, gas fireplace w/custom built-in bookshelves & surround sound. Main level master suite has tile shower, spa tub & large walk-in closet. Upper level offers large bonus room & each bedroom has its own private bath. Possible in-law/teen retreat with private lounge area. Butler’s pantry leads to home office/formal dining room. Finished walk-out basement has family space including wet bar, game table area, exercise room, 5th bedroom, full bath & storage room. Beautiful landscaping plus deck overlooking mature trees.

Last Listed By

Susan Webb

Homes & Homesites License #RB14030810 Listed on: 09/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,978

Year Built

  • Built in 2005

Lot Details

  • 0.63 Acre Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Sound System
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Bay Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Basement Window Egress

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, maintenance
  • Cedar Bend Subdivision
  • Property managed by Cedar Bend HOA

Listing and Financial Details

  • Assessor Parcel Number 321022102001000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,978

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2005
  • Garage Y N: Yes
  • Lot Size Acres: 0.63
  • Subdivision Name: CEDAR BEND
  • Inspection Warranties: Not Applicable
  • Property Description: Luxurious custom home sits on wooded, .63-acre, cul-de-sac lot in Cedar Bend! Floorplan showcases a huge eat-in kitchen w/breakfast bar & hearth room w/gas fireplace. Catwalk overlooks two-story great room that features large windows, gas fireplace w/custom built-in bookshelves & surround sound. Main level master suite has tile shower, spa tub & large walk-in closet. Upper level offers large bonus room & each bedroom has its own private bath. Possible in-law/teen retreat with private lounge area. Butler’s pantry leads to home office/formal dining room. Finished walk-out basement has family space including wet bar, game table area, exercise room, 5th bedroom, full bath & storage room. Beautiful landscaping plus deck overlooking mature trees.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access, Egress Window(s)
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Disposal, Microwave, Oven, Double Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Great Room, Hearth Room
  • Fireplaces: 3
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Window Bay Bow
  • Living Area: 6705
  • Other Equipment: Network Ready, Security Alarm Paid, Smoke Detector, Sump Pump, Surround Sound, WetBar, Water-Softener Owned
  • Room Count: 14
  • Areas Interior: Bath Sinks Double Main,Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 4265
  • Main Level Sq Ft: 2420
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Whirlpool
  • Total Sq Ft: 6705
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 2440
  • Upper Level Sq Ft: 1845
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 611000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Side Load Garage,Service Door
  • Garage Sq Ft: 890

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Dual, Forced Air, High Efficiency (90%+ AFUE )
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Cedar Bend HOA
  • Management Company Phone: 317-435-0996
  • H O A Disclosures: Covenants & Restrictions,Transfer Fee

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance
  • Mandatory Fee: 200

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 321022102001000031
  • Acres: 1/2-1 Acre
  • Lot Information: Cul-De-Sac,Sidewalks,Street Lights,Wooded
  • Lot Number: 9
  • Lot Size: .63 acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 6978
  • Semi Annual Property Tax Amt: 3489
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Avon Community
  • Schools: Avon Community High School,Avon South Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Mar 8, 2021
Sold by
Patel Milan H
Bought by
Hoff Andrew and Hoff Ashley
Seller's Agent
Susan Webb
Homes & Homesites
Buyer's Agent
Jennifer Wharff
Compass Indiana, LLC
List Price
$611,000
Sold Price
$611,000
Total Days on Market
130
Current Estimated Value
$842,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,922
Avg. Annual Appreciation
7.50%
Original Mortgage
$548,250
Outstanding Balance
$500,320
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,028

Purchase Details

Closed on
May 30, 2008
Sold by
White House Construction Llc
Bought by
Patel Milan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Andrew Edwin D and Andrew Patricia L
Bought by
White House Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.09%
Mortgage Type
New Conventional

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
Hoff Andrew $611,000 Chicago Title
Patel Milan H -- None Available
White House Construction Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoff Andrew $548,250
Closed Hoff Andrew $548,250
Previous Owner Patel Milah H $345,000
Previous Owner Patel Milan H $338,000
Previous Owner Patel Milan H $249,500
Previous Owner Patel Milan H $205,400
Previous Owner Patel Milan H $417,000
Previous Owner White House Construction Llc $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $611,000 0.0% $91 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $611,000 0.0% $91 / Sq Ft
12/31/2020 12/31/20 Off Market $611,000 -- --
12/11/2020 12/11/20 Price Changed $611,000 -0.8% $91 / Sq Ft
11/23/2020 11/23/20 Price Changed $616,040 -0.6% $92 / Sq Ft
11/05/2020 11/05/20 Price Changed $620,000 -0.8% $92 / Sq Ft
09/09/2020 09/09/20 For Sale $625,000 -- $93 / 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 $8,776 $766,900 $114,300 $652,600
2023 $7,920 $697,300 $104,000 $593,300
2022 $7,780 $679,000 $99,900 $579,100
2021 $7,140 $621,100 $99,900 $521,200
2020 $7,115 $612,700 $99,900 $512,800
2019 $6,875 $583,500 $94,400 $489,100
2018 $6,980 $579,400 $94,400 $485,000
2017 $5,522 $552,200 $89,800 $462,400
2016 $5,658 $555,800 $89,800 $466,000
2014 $5,523 $552,300 $87,700 $464,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21732896

MIBOR Broker Listing Cooperative®

APN: 32-10-22-102-001.000-031