NOT LISTED FOR SALE

7118 Franklin Parke Blvd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $838,000 - $942,784

5 Beds
3.5 Baths
6,610 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $865,000 $131 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,227/month

3 Days on Market

Highlights

  • 0.66 Acre Lot
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Franklin Central High School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of August 2024

With space for everyone, this stunning 6,300+ sq ft custom built home in sought after Franklin Parke Estates has everything you need to make memories that will last a lifetime. This executive level home boasts tons of natural light and features 5 bedrooms (all with walk-in closets), 3.5 baths and a finished basement complete with fitness room and bar to entertain your guests. The main level consists of an open concept kitchen/living room and the enormous master suite with its own fireplace. Escape to the oasis-like fenced in backyard with your private in-ground pool and water fall feature surrounded by mature trees. This is truly a one of a kind in home and will not last long so schedule your showing today.

Last Agent to Sell the Property

Greg Keyler

HIVE Realty Group Brokerage Email: HiveRealtyGroup@gmail.com License #RB17001379 Listed on: 07/01/2024

Co-Listed By

Tresea Moore

HIVE Realty Group Brokerage Email: HiveRealtyGroup@gmail.com License #RB22000703

Last Buyer's Agent

Tricia Kincaid

Indianapolis Homes Realty Grou

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,164

Year Built

  • Built in 2004

Lot Details

  • 0.66 Acre Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Woodwork
  • Tray Ceiling
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room with Fireplace
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature

Utilities

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

Community Details

  • Association fees include home owners, maintenance
  • Association Phone (317) 570-4358
  • Franklin Parke Estates Subdivision
  • Property managed by Kirkpatrick Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 95,96 / 9
  • Assessor Parcel Number 491513101031000300
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,164

Year Built

Built in 2004

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2004
  • Building Area Total: 6610
  • Co List Office Phone: 765-307-2337
  • Garage Y N: Yes
  • Lot Size Acres: 0.66
  • Subdivision Name: Franklin Parke Estates
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: HiveRealtyGroup@gmail.com
  • Attribution Contact: HiveRealtyGroup@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Daylight/Lookout Windows, Finished, Finished Ceiling
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Oven, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2439
  • Fireplace Features: Primary Bedroom, Great Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Wet Bar, Wood Work Painted, Breakfast Bar, Bath Sinks Double Main, Entrance Foyer, Center Island, Pantry
  • Living Area: 6610
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm, Sump Pump Dual
  • Areas Interior: Living Room - 2 Story,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2439
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1732
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • List Price: 879900
  • Patio And Porch Features: Deck Main Level, Open Patio
  • Pool Features: In Ground
  • Pool Private Y N: Yes
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 825

Utilities

  • Utilities: Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Kirkpatrick Management
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance

Lot Info

  • Lot Features: Sidewalks, Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 28679
  • Parcel Number: 491513101031000300
  • Acres: 1/2-1 Acre
  • Price Acre: 1310606

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 11164
  • Tax Block: 9
  • Tax Lot: 95,96
  • Semi Annual Property Tax Amt: 5582
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 15, 2024
Sold by
Wendi M Shaffer Revocable Trust and Shaffer Wendi M
Bought by
Hughes Sheryl Ann and Stradley Kathryn E
Seller's Agent
Greg Keyler
HIVE Realty Group
Buyer's Agent
Tricia Kincaid
Indianapolis Homes Realty Grou
List Price
$879,900
Sold Price
$865,000
Premium/Discount to List
-$14,900
-1.69%
Views
37
Current Estimated Value
$896,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,696
Avg. Annual Appreciation
3.63%
Original Mortgage
$470,000
Outstanding Balance
$465,439
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$431,257

Purchase Details

Closed on
Sep 20, 2022
Sold by
Shaffer Wendi M
Bought by
Wendi M Shaffer Revocable Trust

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 6, 2021
Sold by
Christy Al
Bought by
Shaffer Wendi M
Seller's Agent
Tricia Kincaid
Indianapolis Homes Realty Group
Buyer's Agent
Sam Southworth
Indianapolis Homes Realty Grou
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Feb 27, 2006
Sold by
J And R Eaton Homes Inc
Bought by
Christy Al
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
Hughes Sheryl Ann $865,000 None Listed On Document
Wendi M Shaffer Revocable Trust -- --
Shaffer Wendi M -- None Available
Christy Al -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Sheryl Ann $470,000
Previous Owner Christy Al $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $865,000 -1.7% $131 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $879,900 +23.9% $133 / Sq Ft
08/06/2021 08/06/21 Sold $710,000 +2.2% $127 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $695,000 -- $124 / 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 $15,286 $823,800 $96,200 $727,600
2023 $15,286 $750,100 $96,200 $653,900
2022 $8,050 $741,500 $96,200 $645,300
2021 $6,490 $598,900 $96,200 $502,700
2020 $6,196 $568,400 $96,200 $472,200
2019 $6,807 $623,500 $65,200 $558,300
2018 $6,640 $602,200 $65,200 $537,000
2017 $7,379 $672,400 $65,200 $607,200
2016 $7,371 $669,100 $65,200 $603,900
2014 $6,872 $649,000 $65,200 $583,800
2013 $6,872 $649,000 $65,200 $583,800
Source: Public Records

Agents Affiliated with this Home

  • Greg Keyler

    Seller's Agent in 2024

    Greg Keyler

    HIVE Realty Group

    (317) 285-9259

    7 in this area

    143 Total Sales

    Greg Keyler
    Section Image
  • Tresea Moore

    Seller Co-Listing Agent in 2024

    Tresea Moore

    HIVE Realty Group

    (317) 441-3319

    1 in this area

    41 Total Sales

    Tresea Moore
    Section Image

  • T

    Buyer's Agent in 2024

    Tricia Kincaid

    Indianapolis Homes Realty Grou

    Section Image
  • Mariah Ante

    Seller Co-Listing Agent in 2021

    Mariah Ante

    Match House Realty Group LLC

    (317) 448-0066

    7 in this area

    111 Total Sales

    Mariah Ante
    Section Image

  • S

    Buyer's Agent in 2021

    Sam Southworth

    Indianapolis Homes Realty Grou

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21988187

MIBOR Broker Listing Cooperative®

APN: 49-15-13-101-031.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7118 Franklin Parke Blvd, Indianapolis, IN

This home is located at 7118 Franklin Parke Blvd, Indianapolis, IN 46259 since 01 July 2024 and is currently estimated at $896,696, approximately $135 per square foot. This property was built in 2004. 7118 Franklin Parke Blvd 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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