NOT LISTED FOR SALE

6040 Paperbark Way Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $338,000 - $372,000

3 Beds
2 Baths
1,969 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $358,000 $182 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,988/month

101 Days on Market

Highlights

  • New Construction
  • 1.5-Story Property
  • 2 Car Attached Garage
  • Franklin Central High School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2023

Welcome to the Mackey! This cozy 1-story home showcases 3 bedrooms, 2 bathrooms, a gathering room, a kitchen, a dining nook, a large bonus room and a 2 car garage with storage. The guest entry consists of bedrooms two and three and a full bath. These bedrooms can be utilized as a kid's room, a nursery, or a private home office. Walking farther into the home, you enter the kitchen, gathering room with an electric fireplace, and dining nook. The owner's suite is equipped with a gorgeous tray ceiling and a private, luxury bathroom. Upstairs is the large bonus room perfect for game night. Carpet Stage.

Last Agent to Sell the Property

Cassie Newman

M/I Homes of Indiana, L.P. License #RB14025532 Listed on: 05/25/2023

Last Buyer's Agent

Greg Martin

G. Martin Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,800 Sq Ft Lot
  • Landscaped with Trees

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • Woodwork
  • Tray Ceiling
  • Electric Fireplace
  • Window Screens
  • Great Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Association fees include builder controls
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 604000000000000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$32

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: MI HOMES
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2022
  • Year Built: 2023
  • Building Area Total: 1969
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Lifestyles: Other/See Remarks
  • MBR_AttributionContact: cnewman@mihomes.com
  • Special Features: NewHome

Interior Features

  • Common Walls: No Common Walls
  • Basement: No
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Great Room
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Center Island, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Screens Complete, Walk-in Closet(s), Wood Work Painted
  • Living Area: 1969
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1620
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 349
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • List Price: 364000
  • Patio And Porch Features: Covered Porch
  • Property Condition: New Construction
  • Construction Stage: See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Storage
  • Garage Parking Other: Garage Door Opener

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 330
  • Association Fee Frequency: Semi-Annually
  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Other/See Remarks

Fee Information

  • Association Fee Includes: Association Builder Controls, Entrance Common

Lot Info

  • Lot Features: Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 7800
  • Parcel Number: 604000000000000000
  • Acres: <1/4 Acre
  • Price Acre: 2105882

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 32
  • Tax Block: 1
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 16
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Oct 20, 2023
Sold by
M I Homes Of Indiana Lp
Bought by
Costanzi Anita
Seller's Agent
Cassie Newman
M/I Homes of Indiana, L.P.
Buyer's Agent
Greg Martin
G. Martin Realty
List Price
$399,000
Sold Price
$358,000
Premium/Discount to List
-$41,000
-10.28%
Views
65
Current Estimated Value
$354,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,429
Avg. Annual Appreciation
0.73%
Original Mortgage
$313,390
Outstanding Balance
$308,968
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$53,814
Source: Public Records

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
Costanzi Anita $358,000 Trans Ohio Residential Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costanzi Anita $313,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $358,000 -1.6% $182 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $364,000 -0.3% $185 / Sq Ft
07/27/2023 07/27/23 Price Changed $365,000 -3.7% $185 / Sq Ft
07/21/2023 07/21/23 Price Changed $379,000 -2.6% $192 / Sq Ft
06/21/2023 06/21/23 Price Changed $389,000 -2.5% $198 / Sq Ft
05/25/2023 05/25/23 For Sale $399,000 -- $203 / 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 $7 $347,600 $56,500 $291,100
2023 $7 $300 $300 $0
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cassie Newman

    M/I Homes of Indiana, L.P.

    (317) 475-3621

    5 in this area

    1,129 Total Sales

    Section Image

  • G

    Buyer's Agent in 2023

    Greg Martin

    G. Martin Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21923330

MIBOR Broker Listing Cooperative®

APN: 49-16-09-113-007.003-300

Indiana Marion County Indianapolis 46259 South Franklin

6040 Paperbark Way, Indianapolis, IN

This home is located at 6040 Paperbark Way, Indianapolis, IN 46259 since 25 May 2023 and is currently estimated at $355,748, approximately $180 per square foot. This property was built in 2023. 6040 Paperbark Way is a home located in Marion County with nearby schools including Franklin Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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