NOT LISTED FOR SALE

6863 Fair Ridge Dr Indianapolis, IN 46221

Valley Mills Neighborhood

Estimated Value: $257,213 - $274,000

3 Beds
2 Baths
1,510 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $247,400 $164 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,625/month

58 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Walk-In Closet
  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of May 2022

New roof, new granite countertops, new flooring, freshly painted, water view! Check it out today!

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC Listed on: 02/23/2022

Last Buyer's Agent

Miranda Tworek

@properties

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2001

Lot Details

  • 6,970

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Utilities

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

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Community Details

  • Decatur Ridge Subdivision
  • Property managed by Decatur Ridge
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491302105016000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2001
  • Building Area Total: 1510
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: DECATUR RIDGE
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s)
  • Other Equipment: Smoke Detector
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1510
  • Main Level Sq Ft: 1510
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sinks Double
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Management Company Name: Decatur Ridge
  • Management Company Phone: 317-713-0739
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491302105016000200
  • Acres: <1/4 Acre
  • Lot Number: 037
  • Lot Size: 6,970

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1700
  • Semi Annual Property Tax Amt: 850
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Decatur Township
  • Schools: Decatur Central High,Decatur Middle,Valley Mills Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Jun 8, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Guerrero Lorenzo B
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Miranda Tworek
@properties
List Price
$249,900
Sold Price
$247,400
Premium/Discount to List
-$2,500
-1%
Current Estimated Value
$262,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,403
Avg. Annual Appreciation
1.77%
Original Mortgage
$242,918
Outstanding Balance
$231,592
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$31,211

Purchase Details

Closed on
Jan 12, 2022
Sold by
Kreger and Chris
Bought by
Offerpad Spe Borrower A Llc

Purchase Details

Closed on
Dec 30, 2021
Sold by
Kreger and Chris
Bought by
Offerpad Spe Borrower A Llc
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
Offerpad Spe Borrower A Llc -- Hall Render Killian Heath & Ly
Offerpad Spe Borrower A Llc $219,279 Hall Render Killian Heath & Ly
Guerrero Lorenzo B $247,400 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Lorenzo B $242,918
Closed Guerrero Lorenzo B $14,844
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $247,400 -1.0% $164 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $249,900 0.0% $165 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $249,900 0.0% $165 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $249,900 -- $165 / 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 $2,706 $243,800 $18,800 $225,000
2023 $2,706 $233,900 $18,800 $215,100
2022 $2,493 $211,400 $18,800 $192,600
2021 $1,848 $154,900 $18,800 $136,100
2020 $1,701 $151,900 $18,800 $133,100
2019 $1,620 $136,100 $18,800 $117,300
2018 $1,530 $129,900 $18,800 $111,100
2017 $1,416 $119,600 $18,800 $100,800
2016 $1,349 $114,300 $18,800 $95,500
2014 $1,169 $106,900 $18,800 $88,100
2013 $1,081 $100,300 $18,800 $81,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marty Walsh

    Offerpad Brokerage, LLC

    Section Image

  • M

    Buyer's Agent in 2022

    Miranda Tworek

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21839204

MIBOR Broker Listing Cooperative®

APN: 49-13-02-105-016.000-200

Indiana Marion County Indianapolis 46221 Valley Mills

6863 Fair Ridge Dr, Indianapolis, IN

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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