NOT LISTED FOR SALE

Estimated Value: $1,472,000

2 Beds
2.5 Baths
1,961 Sq Ft
$520/mo HOA Fee

Last Sold July 15, 2024

Last sale price $949,000 $484 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,363/month

239 Days on Market

Highlights

  • New Construction
  • Downtown View
  • Contemporary Architecture
  • Carmel Elementary School Rated A
  • Deck
  • Great Room with Fireplace

About This Home

As of July 2024

Welcome to Magnolia, Carmel's newest condo community where connectivity and luxury meet. Located minutes from walkable Downtown Carmel, at the southeast corner of City Center and Rangeline Road, directly across from Matt the Millers. Enjoy year-round urban amenities such as boutique shopping, concerts at the Palladium and restaurants just steps from your front door. This condominium building includes just five units in total - creating a rare opportunity for those who are seeking privacy with adjacency to the energy of Midtown Carmel. Each unit has private access to an oversized private 2-car garage as well as a separate finished storage room. Custom-home level options that you'll find in this unit include you'll find 10 foot ceilings, 8ft doors, custom shelving, an upgraded technology package, and other designer-selected fixtures. The covered 21x14 outdoor living space with fireplace, outdoor speakers, and retractable screens with quickly become a favorite space. Units in other buildings also available for those looking to build.

Last Agent to Sell the Property

Stacey Willis

Stacey Willis Brokerage Email: stacey.willis@oldtowndesigngroup.com License #RB14039852 Listed on: 11/09/2023

Last Buyer's Agent

Shannon Lyons

CENTURY 21 Scheetz License #RB14048450

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,961 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Wood Flooring
  • Downtown Views

Kitchen

  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Smart Thermostat
  • Monitored

Accessible Home Design

  • Handicap Accessible
  • Accessibility Features
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Fireplace

Location

  • Suburban Location

Schools

  • Carmel Elementary School
  • Carmel Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 2-2N / Building 2
  • Assessor Parcel Number 291031112006002018
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include builder controls, custodian, entrance private, insurance, irrigation, laundry connection in unit, ground maintenance, maintenance structure, maintenance, security, snow removal, trash
  • Magnolia Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$36

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Builder Name: Old Town Design Grp
  • Property Type: Residential
  • New Construction: Yes
  • Accessibility Features: Accessible Approach with Ramp, Accessible Entrance
  • Tax Year: 2024
  • Year Built: 2024
  • Building Area Total: 1961
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: Magnolia
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Website: https://oldtowndesigngroup.com/where-we-build/carmel/magnolia/
  • Accessibility Features YN: Yes
  • Floor Number: 2
  • Lifestyles: Flat,Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: stacey.willis@oldtowndesigngroup.com
  • Attribution Contact: stacey.willis@oldtowndesigngroup.com
  • Special Features: 4098

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Laundry Connection in Unit, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Tankless Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces: 2
  • Interior Amenities: Bath Sinks Double Main, Raised Ceiling(s), Center Island, Elevator, Entrance Foyer, Handicap Accessible Interior, Hardwood Floors, Hi-Speed Internet Availbl, Network Ready, Pantry, Programmable Thermostat, Screens Some, Supplemental Storage, Surround Sound Wiring, Walk-in Closet(s), WoodWorkStain/Painted
  • Living Area: 1961
  • Main Level Bedrooms: 2
  • Other Equipment: Security Alarm Monitored, Smoke Alarm
  • Areas Interior: Bedroom Other on Main,Laundry in Unit
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1961
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Exterior Features: Balcony, Lighting, Sprinkler System
  • Foundation Details: Slab
  • List Price: 949000
  • Patio And Porch Features: Deck UP, No Maintenance
  • Property Condition: New Construction
  • View: City, Downtown
  • View Y N: Yes
  • Waterfront: No
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Asphalt, Concrete, Garage Door Opener, Storage
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 528

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Electric, Forced Air, Gas, High Efficiency (90%+ AFUE )
  • Laundry Features: Connections All, Laundry Room, Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Maintenance Grounds, Maintenance Structure, Security, Snow Removal, Trash
  • Association Fee: 520
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Sidewalks, Street Lights, Suburban
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Builder Controls, Custodian, Entrance Private, Insurance, Irrigation, Laundry Connection In Unit, Maintenance Grounds, Maintenance Structure, Maintenance, Security, Snow Removal, Trash

Schools

  • Middle Or Junior School: Carmel Middle School

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights, Suburb
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5227
  • Parcel Number: 291031112006002018
  • Acres: <1/4 Acre
  • Price Acre: 7908333

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 36
  • Tax Block: Building 2
  • Tax Lot: 2-2N
  • Semi Annual Property Tax Amt: 18
  • Tax Exemption: None

MLS Schools

  • Elementary School: Carmel Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Aug 8, 2024
Sold by
Old Town North Llc
Bought by
Meza Teresa Keenan
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313
Current Estimated Value
$1,472,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,000
Avg. Annual Appreciation
46.48%
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Aug 2, 2024
Sold by
Old Town North Llc
Bought by
Meinhardt Ernest J and Meinhardt Patricia K
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jul 15, 2024
Sold by
Old Town North Llc
Bought by
Meinhardt Ernest J and Meinhardt Patricia K
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jul 1, 2024
Sold by
Old Town North Llc
Bought by
Williams Tammy
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jun 25, 2024
Sold by
Old Town North Llc
Bought by
Phillips Julia
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jun 14, 2024
Sold by
Old Town North Llc
Bought by
Williams Tammy
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jun 11, 2024
Sold by
Old Town North Llc
Bought by
Spitler Kurt A and Spitler Victoria L
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jun 10, 2024
Sold by
Old Town North Llc
Bought by
Phillips Julia
Seller's Agent
Stacey Willis
Stacey Willis
Buyer's Agent
Shannon Lyons
CENTURY 21 Scheetz
List Price
$949,000
Sold Price
$949,000
Views
313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Meza Teresa Keenan -- Near North Title Group
Old Town North Llc -- Near North Title Group
Meinhardt Ernest J -- Near North Title Group
Old Town North Llc -- Near North Title Group
Meinhardt Ernest J -- Near North Title Group
Williams Tammy $1,567,934 Near North Title Group
Old Town North Llc $1,567,934 Near North Title Group
Phillips Julia -- Near North Title Group
Old Town North Llc -- Near North Title Group
Spitler Kurt A -- Near North Title Group
Old Town North Llc -- Near North Title Group
Williams Tammy -- Near North Title Group
Old Town North Llc -- Near North Title Group
Spitler Kurt A -- Near North Title Group
Old Town North Llc -- Near North Title Group
Phillips Julia -- Near North Title Group
Old Town North Llc -- Near North Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Old Town North Llc $385,200
Previous Owner Meza Teresa Keenan $350,000
Previous Owner Williams Tammy $1,175,950
Previous Owner Williams Tammy $1,175,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $949,000 0.0% $484 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $949,000 -- $484 / 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 $12 $3,249,600 $1,200,000 $2,049,600
2023 $47 $600 $600 $0
2022 $47 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21949632

MIBOR Broker Listing Cooperative®

APN: 29-10-31-112-006.002-018