NOT LISTED FOR SALE

6908 Inverness Way Indianapolis, IN 46237

South Franklin Neighborhood

Estimated Value: $233,000 - $252,000

3 Beds
1.5 Baths
1,296 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $226,000 $174 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,433/month

18 Days on Market

Highlights

  • A-Frame Home
  • Vaulted Ceiling
  • Neighborhood Views
  • Franklin Central High School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of April 2023

This beautiful, recently updated 3 bedroom, 1 1/2 bath ranch in the heart of Franklin Township is a must see! This home offers a wonderful open living space, with vaulted ceilings that leads out to a covered porch area. Other updates include a recently renovated kitchen space, new flooring and carpet throughout the house, new paint, updated furnace and water heater, roof is less that 5 years old, as well as remodeled guest and master half bath.

Last Agent to Sell the Property

Erica Dickey

Bennett Realty License #RB21000790 Listed on: 02/24/2023

Last Buyer's Agent

Sarah Fishburn

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.27 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • A-Frame Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,296 Sq Ft Home
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Neighborhood Views
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Screened Patio
  • Shed

Schools

  • Franklin Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • Muirfield Subdivision

Listing and Financial Details

  • Legal Lot and Block 291 / 03
  • Assessor Parcel Number 491514120013000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1982 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1982
  • Building Area Total: 1296
  • Garage Y N: Yes
  • Lot Size Acres: 0.27
  • Subdivision Name: Muirfield
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: erica@bennetthomerealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s), Windows Vinyl, Eat-in Kitchen
  • Living Area: 1296
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1296
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Exterior Features: Barn Mini
  • Foundation Details: Slab
  • List Price: 240000
  • Patio And Porch Features: Screened Patio
  • Property Condition: Updated/Remodeled
  • View: Neighborhood
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Concrete

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 70
  • Parcel Number: 491514120013000300
  • Acres: 1/4-1/2 Acre
  • Price Acre: 837037.037037037

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1532
  • Tax Block: 03
  • Tax Lot: 291
  • Semi Annual Property Tax Amt: 766
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Franklin Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 1, 2023
Sold by
Grotzinger Israel
Bought by
Martin John
Seller's Agent
Erica Dickey
Bennett Realty
Buyer's Agent
Sarah Fishburn
F.C. Tucker Company
List Price
$240,000
Sold Price
$226,000
Premium/Discount to List
-$14,000
-5.83%
Views
77
Current Estimated Value
$241,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,749
Avg. Annual Appreciation
2.83%
Original Mortgage
$221,906
Outstanding Balance
$215,990
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$25,759

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 28, 2023
Sold by
Grotzinger Israel
Bought by
Martin John
Seller's Agent
Erica Dickey
Bennett Realty
Buyer's Agent
Sarah Fishburn
F.C. Tucker Company
List Price
$240,000
Sold Price
$226,000
Premium/Discount to List
-$14,000
-5.83%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,906
Outstanding Balance
$215,990
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$25,759

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 18, 2022
Sold by
Cathcart Matthew Scott and Cathcart Lisa Ann
Bought by
Grotzinger Israel
Seller's Agent
Bryan Peters
Acup Team, LLC
Buyer's Agent
Erica Dickey
Bennett Realty
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$221,906
Interest Rate
5.49%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2015
Sold by
Cathcart Mildred A and Cathcart Gerald B
Bought by
Cathcart Matthew Scott and Cathcart Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
3.96%
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
Martin John $226,000 Chicago Title
Martin John -- Chicago Title
Grotzinger Israel $226,000 Chicago Title
Cathcart Matthew Scott $112,000 Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin John $221,906
Closed Martin John $221,906
Previous Owner Grotzinger Israel $221,906
Previous Owner Cathcart Matthew Scott $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $226,000 -5.8% $174 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $240,000 +6.2% $185 / Sq Ft
10/13/2022 10/13/22 Sold $226,000 -3.8% $174 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $235,000 0.0% $181 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $235,000 -- $181 / 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 $1,874 $214,800 $25,100 $189,700
2023 $1,874 $178,500 $25,100 $153,400
2022 $1,755 $162,800 $25,100 $137,700
2021 $1,532 $144,600 $25,100 $119,500
2020 $1,476 $139,200 $25,100 $114,100
2019 $1,275 $119,200 $17,300 $101,900
2018 $1,166 $108,500 $17,300 $91,200
2017 $1,098 $101,900 $17,300 $84,600
2016 $1,096 $101,900 $17,300 $84,600
2014 $928 $91,600 $17,300 $74,300
2013 $705 $84,800 $17,300 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Erica Dickey

    Seller's Agent in 2023

    Erica Dickey

    Bennett Realty

    (317) 414-1697

    4 in this area

    88 Total Sales

    Erica Dickey
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Fishburn

    F.C. Tucker Company

    Section Image

  • A

    Buyer Co-Listing Agent in 2023

    Adam McGee

    F.C. Tucker Company

    (317) 941-5595

    1 in this area

    3 Total Sales

    Adam McGee
    Section Image

  • B

    Seller's Agent in 2022

    Bryan Peters

    Acup Team, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21907501

MIBOR Broker Listing Cooperative®

APN: 49-15-14-120-013.000-300

Indiana Marion County Indianapolis 46237 South Franklin

6908 Inverness Way, Indianapolis, IN

This home is located at 6908 Inverness Way, Indianapolis, IN 46237 since 24 February 2023 and is currently estimated at $241,749, approximately $186 per square foot. This property was built in 1982. 6908 Inverness Way is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Southport Presbyterian Christian 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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