NOT LISTED FOR SALE

7077 Republic Ln Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $538,000 - $852,000

4 Beds
3 Baths
2,567 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $489,000 $190 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,955/month

Highlights

  • Home fronts a pond
  • Ranch Style House
  • Covered Patio or Porch
  • Franklin Central High School Rated A-
  • Marble Flooring
  • Cul-De-Sac

About This Home

As of August 2017

Franklin Trace 4 bed/3 bath Executive Home. Stunning entry, marble floors, custom built-ins. Circular floorplan and split bedrooms to maximize flow and privacy. An efficient, well-appointed central kitchen provides additional eat-in options at the breakfast bar and bistro space. Covered lanai for outdoor retreat. In the basement are 3D Theatre Room with 7.2 Dolby digital surround and 144" screen, wet bar, bonus room, bed, bath. Custom 3car garage with high rise door, vehicle lift, epoxy floor.

Last Agent to Sell the Property

Angela Garard

F.C. Tucker Company License #RB14045144 Listed on: 06/15/2017

F.C. Tucker Company

Last Buyer's Agent

Mary Jo Brown

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 2004

Lot Details

  • 0.36 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Aggregate Flooring
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Wet Bar
  • Home Theater Equipment
  • Built-in Bookshelves
  • Bar Fridge
  • Tray Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Utility Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Basement Window Egress
  • Basement Lookout

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Association fees include maintenance, management, snow removal
  • Franklin Parke Estates Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 187 / 10
  • Assessor Parcel Number 491513120009000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,002

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: J & R Eaton
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2004
  • Building Area Total: 5134
  • Garage Y N: Yes
  • Lot Size Acres: 0.36
  • Subdivision Name: Franklin Parke Estates
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: angie.garard@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished Ceiling, Daylight/Lookout Windows, Egress Window(s), Sump Pump w/Backup
  • Appliances: Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Gas Oven, Refrigerator, Bar Fridge, Washer, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2310
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Tray Ceiling(s), Walk-in Closet(s), Screens Complete, Wet Bar, Breakfast Bar, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Network Ready, Primary Bedroom on Main
  • Living Area: 2567
  • Main Level Bedrooms: 3
  • Other Equipment: Theater Equipment
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2567
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3
  • SqFt Total: 5134

Exterior Features

  • Construction Materials: Brick, Cedar
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System
  • Fencing: Fence Full Rear
  • Foundation Details: Concrete Perimeter
  • List Price: 489000
  • Patio And Porch Features: Covered Porch
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Aggregate, Attached, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage,Service Door

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Community Water
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Semi-Annually
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance, Management, Snow Removal

Lot Info

  • Lot Features: Cul-De-Sac, Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 101
  • Parcel Number: 491513120009000300
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5002
  • Tax Block: 10
  • Tax Lot: 187
  • Semi Annual Property Tax Amt: 2501
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Williams Derrick L and Williams Sharon
Bought by
Williams Derrick L and Williams Sharron
Current Estimated Value
$651,877

Purchase Details

Listed on
Jun 15, 2017
Closed on
Aug 1, 2017
Sold by
Schrump Brian
Bought by
Williams Derrick L and Williams Sharron
Seller's Agent
Angela Garard
F.C. Tucker Company
Buyer's Agent
Mary Jo Brown
Carpenter, REALTORS®
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$472,775
Outstanding Balance
$394,494
Interest Rate
3.96%
Mortgage Type
VA
Estimated Equity
$257,383

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 30, 2012
Sold by
Reed Karen M
Bought by
Smith Anthony and Schrump Brian
Seller's Agent
Suzan Gray
Buyer's Agent
Mark Linder
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$382,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 29, 2012
Sold by
Reed Karen M
Bought by
Schrump Brian and Schrump S
Seller's Agent
Suzan Gray
Buyer's Agent
Mark Linder
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2007
Sold by
Reed Karen and Byer Joseph
Bought by
Reed Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,400
Interest Rate
6.21%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2005
Sold by
J & R Eaton Homes Inc
Bought by
Reed Karen and Byer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,387
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Williams Derrick L -- None Available
Williams Derrick L $489,000 --
Williams Derrick L $489,000 Chicago Title
Smith Anthony $425,000 --
Schrump Brian -- --
Reed Karen M -- None Available
Reed Karen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Derrick L $472,775
Previous Owner Schrump Brian $382,500
Previous Owner Reed Karen M $420,400
Previous Owner Reed Karen $507,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2017 08/01/17 Sold $489,000 0.0% $190 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $489,000 +15.1% $190 / Sq Ft
11/30/2012 11/30/12 Sold $425,000 0.0% $83 / Sq Ft View Prior Sale
11/30/2012 11/30/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $425,000 -- $83 / 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 $5,509 $579,600 $74,900 $504,700
2023 $5,509 $534,700 $74,900 $459,800
2022 $10,842 $528,700 $74,900 $453,800
2021 $4,690 $453,600 $74,900 $378,700
2020 $4,446 $429,600 $74,900 $354,700
2019 $4,849 $470,400 $50,800 $419,600
2018 $4,660 $451,900 $50,800 $401,100
2017 $5,175 $503,800 $50,800 $453,000
2016 $5,135 $500,200 $50,800 $449,400
2014 $4,875 $487,500 $50,800 $436,700
2013 $4,875 $487,500 $50,800 $436,700
Source: Public Records

Agents Affiliated with this Home

  • Angela Garard

    Seller's Agent in 2017

    Angela Garard

    F.C. Tucker Company

    (317) 752-6331

    4 in this area

    39 Total Sales

    Angela Garard
    Section Image

  • M

    Buyer's Agent in 2017

    Mary Jo Brown

    Carpenter, REALTORS®

    Section Image

  • S

    Seller's Agent in 2012

    Suzan Gray

  • M

    Buyer's Agent in 2012

    Mark Linder

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21492124

MIBOR Broker Listing Cooperative®

APN: 49-15-13-120-009.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7077 Republic Ln, Indianapolis, IN

This home is located at 7077 Republic Ln, Indianapolis, IN 46259 since 15 June 2017 and is currently estimated at $651,877, approximately $253 per square foot. This property was built in 2004. 7077 Republic Ln is a home located in Marion County with nearby schools including Franklin Central High 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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