NOT LISTED FOR SALE

704 N Park Ave Indianapolis, IN 46202

Chatham Arch Neighborhood

Estimated Value: $944,000 - $1,363,000

3 Beds
3.5 Baths
6,046 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,262,500 $209 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,087/month

609 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Vaulted Ceiling
  • Sauna
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of September 2021

An incredibly unique offering – Frank Lloyd Wright inspired architecture in the heart of the city! This iconic home is oriented in an exceptional location, just steps from Mass Ave & The Cultural Trail. From scale, to finish, no detail has been missed! Walk into the two-story living area – a true elemental display with a bespoke copper waterfall, opposing gas fireplaces, & walls of glass. The home’s flow was created with entertaining in mind, with its multiple living areas & kitchens, both inside & out! The master suite? Expansive and full of natural light! The spacious lower level is outfitted with a home gym, sauna, & ample storage space. This is the ultimate package & in a location that will have you tuned in to all things Downtown.

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 11/25/2019

Co-Listed By

Quinn Demaree

Everhart Studio, Ltd. License #RB17000004

Last Buyer's Agent

Libby Somerville

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,960

Year Built

  • Built in 2005

Lot Details

  • 3,485

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Great Room with Fireplace
  • 3 Fireplaces
  • Combination Dining and Living Room
  • Den with Fireplace
  • Sauna
  • Wood Flooring
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Spa
  • 3,485 Sq Ft Lot

Community Details

  • Waldorf Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491101168017007101

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,960

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2005
  • Building Area Total: 6046
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.08
  • Subdivision Name: WALDORF
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Double Oven, Refrigerator, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2-Sided, Den/Library Fireplace, Great Room
  • Fireplaces: 3
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Wood Work Stained
  • Other Equipment: Hot Tub, Sauna, Security Alarm Paid, Smoke Detector, WetBar
  • Areas Interior: Great Room - 2 Story,Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3816
  • Main Level Sq Ft: 2230
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Sinks Double,Sitting Room,Suite
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Pantry WalkIn
  • Below Grade Sq Ft: 2230
  • Upper Level Sq Ft: 1586
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Patio,Rooftop

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Dual, Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491101168017007101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 5
  • Lot Size: 30x116

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 19960
  • Semi Annual Property Tax Amt: 9980
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Aug 27, 2021
Sold by
Stutz Robert L and Pfister Sandra
Bought by
Park Place Partners
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Libby Somerville
Compass Indiana, LLC
List Price
$1,900,000
Sold Price
$1,262,500
Premium/Discount to List
-$637,500
-33.55%
Current Estimated Value
$1,143,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,783
Avg. Annual Appreciation
-2.35%
Original Mortgage
$1,200,000
Outstanding Balance
$1,085,447
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$58,270

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 14, 2016
Sold by
Divers Family Llc
Bought by
Stutz Robert L and Pfister Sandra
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Joe Everhart
Everhart Studio, Ltd.
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.39%
Original Mortgage
$1,260,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2011
Closed on
Jun 25, 2012
Sold by
Larkin Gregory N and Larkin Lisa C
Bought by
Divers Family Llc
Seller's Agent
Kate Flock
Flock Realty, Inc.
Buyer's Agent
Joe Everhart
Everhart Studio, Ltd.
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%
Original Mortgage
$680,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End 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
Park Place Partners -- None Available
Stutz Robert L -- First American Title
Divers Family Llc -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Place Partners $1,200,000
Previous Owner Stutz Robert L $1,260,000
Previous Owner Divers Family Llc $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $1,262,500 -21.1% $209 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $1,600,000 -1.5% $265 / Sq Ft
02/23/2021 02/23/21 Price Changed $1,625,000 -1.5% $269 / Sq Ft
01/25/2021 01/25/21 Price Changed $1,650,000 -5.7% $273 / Sq Ft
06/23/2020 06/23/20 Price Changed $1,750,000 -7.9% $289 / Sq Ft
11/25/2019 11/25/19 For Sale $1,900,000 +20.6% $314 / Sq Ft
09/27/2016 09/27/16 Sold $1,575,000 0.0% $261 / Sq Ft View Prior Sale
08/18/2016 08/18/16 Off Market $1,575,000 -- --
08/09/2016 08/09/16 For Sale $1,575,000 +85.3% $261 / Sq Ft
06/25/2012 06/25/12 Sold $850,000 0.0% $223 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
03/21/2011 03/21/11 For Sale $850,000 -- $223 / 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 $13,213 $1,136,400 $75,900 $1,060,500
2023 $13,213 $1,066,000 $75,900 $990,100
2022 $15,827 $1,140,000 $75,900 $1,064,100
2021 $23,651 $1,936,300 $176,100 $1,760,200
2020 $21,832 $1,779,800 $176,100 $1,603,700
2019 $20,937 $1,665,500 $176,100 $1,489,400
2018 $20,070 $1,579,100 $176,100 $1,403,000
2017 $17,191 $1,574,500 $176,100 $1,398,400
2016 $9,294 $875,300 $176,100 $699,200
2014 $18,832 $871,000 $176,100 $694,900
2013 $9,879 $871,000 $176,100 $694,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2021

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    21 in this area

    223 Total Sales

    Joe Everhart
    Section Image
  • Quinn Demaree

    Seller Co-Listing Agent in 2021

    Quinn Demaree

    Everhart Studio, Ltd.

    (317) 701-0479

    20 in this area

    175 Total Sales

    Quinn Demaree
    Section Image

  • L

    Buyer's Agent in 2021

    Libby Somerville

    Compass Indiana, LLC

    Section Image

  • R

    Buyer Co-Listing Agent in 2021

    Robert Baxter

    Compass Indiana, LLC

    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2016

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    6 in this area

    235 Total Sales

    Rob Measel
    Section Image
  • Kate Flock

    Seller's Agent in 2012

    Kate Flock

    Flock Realty, Inc.

    (317) 258-8631

    2 in this area

    30 Total Sales

    Kate Flock
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21683864

MIBOR Broker Listing Cooperative®

APN: 49-11-01-168-017.007-101

Indiana Marion County Indianapolis 46202 Chatham Arch

704 N Park Ave, Indianapolis, IN

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