NOT LISTED FOR SALE

6547 Locust Grove Dr Indianapolis, IN 46237

South Franklin Neighborhood

Estimated Value: $332,058 - $357,000

4 Beds
2.5 Baths
2,772 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $206,000 $74 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,282/month

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Walk-In Closet
  • Franklin Central High School Rated A-
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

Welcome Home! A Beautiful spacious Four Bedroom, Two and a Half Bath home in Franklin Township's popular Southern Ridge. Home features a wood burning fireplace in the large great room, a formal dining room. Four bedrooms on same floor as laundry room. Master suite featuring walk-in close, double-sink vanity, garden tub and walk-in shower. The light pours in the sun room's windows overlooking a private back yard fully fenced. Watch the sun set from the covered front porch.

Last Agent to Rent the Property

Leah McNeil

Dropped Members License #RB14049959 Listed on: 09/30/2019

Co-Listed By

Patrina Dunbar

Dropped Members License #RB14049947

Last Renter's Agent

Leah McNeil

Dropped Members License #RB14049959 Listed on: 09/30/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 6,970 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Window Screens
  • Great Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include management, snow removal
  • Southern Ridge Subdivision
  • Property managed by Community Association Services
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $1,585
  • Tenant pays for insurance, all utilities
  • The owner pays for ho fee, insurance
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491523110018000300

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 1585.00
  • Min Lease Req: 12
  • Pet Deposit: 250
  • Security Deposit: 1585
  • Smoking: 0
  • Leased Type: Leased
  • Lease Termin Months: 12

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level, TraditonalAmerican
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2006
  • Co List Office Phone: 317-762-6650
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: SOUTHERN RIDGE
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome Home! A Beautiful spacious Four Bedroom, Two and a Half Bath home in Franklin Township's popular Southern Ridge. Home features a wood burning fireplace in the large great room, a formal dining room. Four bedrooms on same floor as laundry room. Master suite featuring walk-in close, double-sink vanity, garden tub and walk-in shower. The light pours in the sun room's windows overlooking a private back yard fully fenced. Watch the sun set from the covered front porch.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access, Walk-in Closet(s), Screens Complete, Windows Vinyl, WoodWorkStain/Painted
  • Living Area: 2772
  • Other Equipment: Smoke Detector
  • Owner Pays: HO Association Fee, Insurance
  • Room Count: 10
  • Areas Interior: Foyer Small,Laundry Room Upstairs
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2772
  • Main Level Sq Ft: 1256
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Sinks Double,Suite,Tub Garden
  • Total Sq Ft: 2772
  • Kitchen Features: Breakfast Bar,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1516

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Corporate Owned
  • Exterior Features: Fence Full Rear, Fence Privacy
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Pets Allowed: Cats OK, Dogs OK
  • Management Company Name: Community Association Services
  • Management Company Phone: 317-875-5600
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, Management, Snow Removal
  • Mandatory Fee: 340

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491523110018000300
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Trees Small
  • Lot Number: 16
  • Lot Size: 0.17 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3892
  • Semi Annual Property Tax Amt: 1946
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Fkh Sfr Propo A Lp
Bought by
Fkh Sfr Propco A Lp
Current Estimated Value
$344,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,242,000
Outstanding Balance
$731,568,035
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$731,223,520

Purchase Details

Listed on
Aug 3, 2019
Closed on
Sep 16, 2019
Sold by
Naki Dinkar and Naki Manisha
Bought by
Cerberus Sfr Holdings Iii Lp
Seller's Agent
Brian Harbert
REALTY WORLD-Harbert Company
Buyer's Agent
Alexis Betancourt
2.0 Brokerage, LLC
List Price
$209,000
Sold Price
$206,000
Premium/Discount to List
-$3,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
May 31, 2007
Sold by
Beazer Homes Indiana Llp
Bought by
Naik Dinkar and Naik Manisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,032
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Fkh Sfr Propco A Lp -- None Available
Cerberus Sfr Holdings Iii Lp $206,000 First Integrity Title
Naik Dinkar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco A Lp $826,242,000
Previous Owner Naik Dinkar $135,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2019 12/03/19 Rented $1,585 0.0% --
12/03/2019 12/03/19 Under Contract -- -- --
11/27/2019 11/27/19 Price Changed $1,585 -1.9% $1 / Sq Ft
11/19/2019 11/19/19 Price Changed $1,615 -2.1% $1 / Sq Ft
10/29/2019 10/29/19 Price Changed $1,650 -2.7% $1 / Sq Ft
10/21/2019 10/21/19 Price Changed $1,695 -2.3% $1 / Sq Ft
10/01/2019 10/01/19 Price Changed $1,735 +0.3% $1 / Sq Ft
09/30/2019 09/30/19 For Rent $1,730 0.0% --
09/25/2019 09/25/19 Sold $206,000 -1.4% $74 / Sq Ft View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $209,000 0.0% $75 / Sq Ft
04/02/2012 04/02/12 Rented $1,325 +2.3% --
04/01/2012 04/01/12 Under Contract -- -- --
01/09/2012 01/09/12 For Rent $1,295 -- --
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 $5,700 $323,100 $28,600 $294,500
2023 $5,700 $280,600 $28,600 $252,000
2022 $5,758 $280,600 $28,600 $252,000
2021 $4,938 $242,700 $28,600 $214,100
2020 $4,466 $219,200 $28,600 $190,600
2019 $4,225 $207,200 $21,700 $185,500
2018 $3,971 $194,600 $21,700 $172,900
2017 $3,721 $182,200 $21,700 $160,500
2016 $3,427 $167,600 $21,700 $145,900
2014 $3,134 $156,700 $21,700 $135,000
2013 $2,862 $143,100 $21,700 $121,400
Source: Public Records

Agents Affiliated with this Home

  • Brian Harbert

    Seller's Agent in 2019

    Brian Harbert

    REALTY WORLD-Harbert Company

    (317) 903-3218

    6 in this area

    150 Total Sales

    Brian Harbert
    Section Image

  • L

    Landlord's Agent in 2019

    Leah McNeil

    Dropped Members

    Section Image

  • P

    Landlord's Co-Listing Agent in 2019

    Patrina Dunbar

    Dropped Members

  • A

    Seller Co-Listing Agent in 2019

    Anna Morken-Mullin

    Dropped Members

    Section Image

  • A

    Buyer's Agent in 2019

    Alexis Betancourt

    2.0 Brokerage, LLC

    Section Image

  • N

    Buyer's Agent in 2019

    Noah Bradtke-Litwack

    2.0 Brokerage, LLC

    (317) 502-6779

    18 in this area

    694 Total Sales

    Noah Bradtke-Litwack
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21672197

MIBOR Broker Listing Cooperative®

APN: 49-15-23-110-018.000-300

Indiana Marion County Indianapolis 46237 South Franklin

6547 Locust Grove Dr, Indianapolis, IN

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