NOT LISTED FOR SALE

6970 Oak Ln Indianapolis, IN 46220

Arden Neighborhood

Estimated Value: $521,000 - $725,000

3 Beds
2 Baths
2,050 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $290,000 $141 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,755/month

27 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Woodwork

About This Home

As of May 2014

Beautiful 3 bed 2 bath stone ranch in sought after Arden has it all! Large living room with masonry fireplace, formal dining room, and bonus room that can be a mud/laundry room or family room. Newer kitchen with 42" cabinets, stainless steel built-in appliances, and pantry with roll-out shelves. Charming sunroom with views of fully fenced and nicely landscaped yard great for entertaining. Close to canal trails, shops, and restaurants.

Last Agent to Sell the Property

Libby Somerville

Compass Indiana, LLC Listed on: 04/02/2014

Compass Indiana, LLC

Co-Listed By

Robert Baxter

Compass Indiana, LLC

Last Buyer's Agent

Michele Lehman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Stone

Interior Spaces

  • 2,050 Sq Ft Home
  • Woodwork
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Arden Subdivision

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number 490335104104000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1947
  • Building Area Total: 2050
  • Garage Y N: Yes
  • Lot Size Acres: 0.18
  • Subdivision Name: Arden
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: libby@somervilleteam.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Hardwood Floors, Wood Work Painted, Window Metal, Entrance Foyer, Primary Bedroom on Main, Pantry
  • Living Area: 2050
  • Main Level Bedrooms: 3
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2050
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2050

Exterior Features

  • Construction Materials: Stone, Wood
  • Disclosures: Not Applicable
  • List Price: 299900

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.19
  • Parcel Number: 490335104104000801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2654
  • Tax Lot: 174
  • Semi Annual Property Tax Amt: 1327
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
Kruse Katharine M
Bought by
Gulley Patricia A
Current Estimated Value
$594,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$249,260
Interest Rate
3.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$362,164

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 6, 2014
Sold by
Gustin Leann F and Gustin David B
Bought by
Kruse Katharine M
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Michele Lehman
List Price
$304,900
Sold Price
$290,000
Premium/Discount to List
-$14,900
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Gustin David B and Frankhauser Leann
Bought by
Gustin David B and Gustin Leann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2008
Sold by
Roeder Lori K
Bought by
Gustin David B and Fankhauser Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Gulley Patricia A $365,000 --
Gulley Patricia A -- Chicago Title
Kruse Katharine M $290,000 Stewart Title Co
Kruse Katharine M -- Stewart Title Company
Gustin David B -- None Available
Gustin David B -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulley Patricia A $292,000
Previous Owner Gustin David B $216,800
Previous Owner Gustin David B $220,000
Previous Owner Gustin David B $46,750
Previous Owner Gustin David B $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $290,000 -3.3% $141 / Sq Ft
04/18/2014 04/18/14 Price Changed $299,900 -1.6% $146 / Sq Ft
04/02/2014 04/02/14 For Sale $304,900 -- $149 / 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 $6,478 $521,800 $71,300 $450,500
2023 $6,478 $524,200 $71,300 $452,900
2022 $5,454 $524,200 $71,300 $452,900
2021 $4,685 $385,600 $51,800 $333,800
2020 $4,476 $367,100 $51,800 $315,300
2019 $4,423 $355,600 $51,800 $303,800
2018 $3,596 $286,000 $51,800 $234,200
2017 $6,167 $284,800 $51,800 $233,000
2016 $5,986 $282,600 $51,800 $230,800
2014 $2,962 $270,300 $51,800 $218,500
2013 $2,439 $231,800 $51,800 $180,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Libby Somerville

    Compass Indiana, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Robert Baxter

    Compass Indiana, LLC

    Section Image

  • M

    Buyer's Agent in 2014

    Michele Lehman

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21282949

MIBOR Broker Listing Cooperative®

APN: 49-03-35-104-104.000-801

Indiana Marion County Indianapolis 46220 Arden

6970 Oak Ln, Indianapolis, IN

This home is located at 6970 Oak Ln, Indianapolis, IN 46220 since 02 April 2014 and is currently estimated at $594,656, approximately $290 per square foot. This property was built in 1947. 6970 Oak Ln is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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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