NOT LISTED FOR SALE

7085 N Pennsylvania St Indianapolis, IN 46220

Arden Neighborhood

Estimated Value: $874,000 - $1,377,000

4 Beds
5 Baths
7,672 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $700,000 $91 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,755/month

24 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Great Room with Fireplace
  • Traditional Architecture
  • Skylights

About This Home

As of May 2019

Location! Location! Don't miss this opportunity to own this prestigious Colonial Home in the Historic Merdian Kessler District. Located on a private, wooded lot. Orig. hardwoods throughout most of home. Spacious floor plan allows for easy entertaining. 4 BD, 3 Full/2 half BA. Well appointed kitchen featuring SS Appliances, subway tile back-splash, granite counter-tops, hardwood floor & bkfst room. Walk-out, finished basement w/wet bar, fireplace, family & rec rm leading to patio & pool area. Over-sized 3 car + garage is perfect w/extra storage space. 2 New Dual HVAC units installed w/humidifiers in 2018. Close proximity to top-rated private schools, Broad Ripple, restaurants, shopping, and fine dining. Monon Trail w/in walking distance.

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services License #RB14031306 Listed on: 01/10/2019

RE/MAX Realty Services

Last Buyer's Agent

Kelly Todd

Compass Indiana, LLC License #RB14045315

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,364

Year Built

  • Built in 1950

Lot Details

  • 0.41 Acre Lot
  • Back Yard Fenced

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 4 Fireplaces
  • Den with Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Arden Subdivision
  • Property managed by Arden

Listing and Financial Details

  • Assessor Parcel Number 490335104036000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,364

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 0.41
  • Subdivision Name: ARDEN
  • Inspection Warranties: Not Applicable
  • Property Description: Location! Location! Don't miss this opportunity to own this prestigious Colonial Home in the Historic Merdian Kessler District. Located on a private, wooded lot. Orig. hardwoods throughout most of home. Spacious floor plan allows for easy entertaining. 4 BD, 3 Full/2 half BA. Well appointed kitchen featuring SS Appliances, subway tile back-splash, granite counter-tops, hardwood floor & bkfst room. Walk-out, finished basement w/wet bar, fireplace, family & rec rm leading to patio & pool area. Over-sized 3 car + garage is perfect w/extra storage space. 2 New Dual HVAC units installed w/humidifiers in 2018. Close proximity to top-rated private schools, Broad Ripple, restaurants, shopping, and fine dining. Monon Trail w/in walking distance.
  • Transaction Type: Sale
  • Website: www.IndyPlace.com
  • Website: https://www.youtube.com/watch?v=F744mgO6plg
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Walk-Out Access
  • Appliances: Gas Cooktop, Dishwasher, Microwave, Refrigerator, Warming Drawer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Den/Library Fireplace, Gas Log, Great Room, Woodburning Fireplce
  • Fireplaces: 4
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s), Hardwood Floors, Skylight(s)
  • Living Area: 7672
  • Other Equipment: Security Alarm Paid, Smoke Detector, Water-Softener Owned
  • Room Count: 14
  • Areas Interior: Bath Jack-n-Jill,Foyer Large,Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 4700
  • Main Level Sq Ft: 2972
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony
  • Total Sq Ft: 7672
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 2972
  • Upper Level Sq Ft: 1728
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 799000
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Open Patio

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Arden

Fee Information

  • Association Fee Includes: Other
  • Mandatory Fee: 25

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490335104036000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 278
  • Lot Size: 17921

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 10364
  • Semi Annual Property Tax Amt: 5182
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Nemeth Peter Sean
Bought by
Nemeth Peter Sean
Current Estimated Value
$1,217,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 17, 2019
Sold by
Eckrich Kathleen
Bought by
Nemeth Peter Sean and Nemeth Nicole Elizabeth Roehl
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Kelly Todd
Compass Indiana, LLC
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
Construction
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
Nemeth Peter Sean -- None Listed On Document
Nemeth Peter Sean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nemeth Peter Sean $500,000
Previous Owner Nemeth Peter Sean $501,000
Previous Owner Nemeth Peter Sean $500,000
Previous Owner Nemeth Peter Sean $100,000
Previous Owner Nemeth Peter Sean $455,550
Previous Owner Nemeth Peter Sean $450,000
Previous Owner Nemeth Peter Sean $560,000
Previous Owner Eckrich William J $410,000
Previous Owner Eckrich William J $417,000
Previous Owner Eckrich William J $226,405
Previous Owner Eckrich William J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $700,000 -12.4% $91 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $799,000 -- $104 / 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 $13,463 $1,066,300 $141,200 $925,100
2023 $13,463 $1,047,700 $141,200 $906,500
2022 $11,447 $1,047,700 $141,200 $906,500
2021 $9,844 $775,800 $102,600 $673,200
2020 $9,511 $747,900 $82,500 $665,400
2019 $9,514 $902,000 $82,500 $819,500
2018 $12,054 $902,000 $82,500 $819,500
2017 $10,517 $899,300 $82,500 $816,800
2016 $10,117 $891,700 $82,500 $809,200
2014 $10,306 $863,400 $82,500 $780,900
2013 $8,300 $725,600 $82,500 $643,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Schulhof

    Seller's Agent in 2019

    Chris Schulhof

    RE/MAX Realty Services

    (317) 585-7653

    281 Total Sales

    Section Image
  • Kelly Todd

    Buyer's Agent in 2019

    Kelly Todd

    Compass Indiana, LLC

    (317) 258-5253

    4 in this area

    188 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21613909

MIBOR Broker Listing Cooperative®

APN: 49-03-35-104-036.000-801

Indiana Marion County Indianapolis 46220 Arden

7085 N Pennsylvania St, Indianapolis, IN

This home is located at 7085 N Pennsylvania St, Indianapolis, IN 46220 since 10 January 2019 and is currently estimated at $1,228,748, approximately $160 per square foot. This property was built in 1950. 7085 N Pennsylvania St 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 (9-12).

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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