NOT LISTED FOR SALE

7124 E Stop 11 Rd Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $478,000 - $659,000

3 Beds
2.5 Baths
2,089 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $415,000 $199 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,345/month

1 Day on Market

Highlights

  • Waterfront
  • 3 Acre Lot
  • Vaulted Ceiling
  • Franklin Central High School Rated A-
  • Mature Trees
  • Ranch Style House

About This Home

As of August 2020

Outstanding brick Ranch on 3 beautiful acres. Professionally landscaped. Huge mini barn. Property backs up to stocked pond which offers great fishing. Sq Footage does not include heated and cooled sunroom which is spacious and relaxing. Custom wood work and trim. Vaulted ceilings in great room and master bedroom. Wood burning fireplace and warm skylights. All appliances stay as well as pool table and accessories in finished basement. Seller is providing 1 year home buyers warranty.

Last Agent to Sell the Property

Jeff Davis

Berkshire Hathaway Home License #RB14015433 Listed on: 06/26/2020

Berkshire Hathaway Home

Last Buyer's Agent

Melissa Mendoza

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 1990

Lot Details

  • 3 Acre Lot
  • Waterfront
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Sump Pump with Backup
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 491513112005000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1990
  • Building Area Total: 2822
  • Garage Y N: Yes
  • Lot Size Acres: 3
  • Subdivision Name: Metes & Bounds
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • MBR_AttributionContact: jdwilbury@comcast.net
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Sump Pump w/Backup
  • Appliances: Electric Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Microwave, Refrigerator, Trash Compactor, Washer, Electric Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 733
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Screens Complete, Skylight(s), Entrance Foyer, Center Island, Pantry
  • Living Area: 2089
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Alarm
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2089
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2822

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini
  • Foundation Details: Concrete Perimeter, Block
  • Patio And Porch Features: Covered Porch
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached

Utilities

  • Utilities: Cable Connected
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 130680
  • Parcel Number: 491513112005000300
  • Acres: 3-5 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2722
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1361
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 7, 2020
Sold by
Lamb Jerry M
Bought by
Alexander George and Alexander Suzanne
Seller's Agent
Jeff Davis
Berkshire Hathaway Home
Buyer's Agent
Melissa Mendoza
CENTURY 21 Scheetz
List Price
$365,000
Sold Price
$415,000
Premium/Discount to List
$50,000
13.7%
Current Estimated Value
$549,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,073
Avg. Annual Appreciation
5.32%
Original Mortgage
$394,250
Outstanding Balance
$349,727
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$199,346

Purchase Details

Closed on
Jun 13, 2017
Sold by
Lamb Jerry M and Lamb Lavonne
Bought by
Lamb Jerry M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alexander George $415,000 Chicago Title
Lamb Jerry M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander George $394,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $415,000 +13.7% $199 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $365,000 -- $175 / 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 $5,692 $463,900 $45,000 $418,900
2023 $5,692 $465,900 $45,000 $420,900
2022 $5,839 $465,900 $45,000 $420,900
2021 $4,221 $383,200 $35,000 $348,200
2020 $3,775 $338,800 $35,000 $303,800
2019 $2,899 $251,100 $35,000 $216,100
2018 $2,603 $222,100 $35,000 $187,100
2017 $2,616 $223,900 $35,000 $188,900
2016 $2,561 $218,900 $35,000 $183,900
2014 $2,209 $196,900 $35,000 $161,900
2013 $2,209 $196,900 $35,000 $161,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff Davis

    Berkshire Hathaway Home

    (317) 862-9265

    1 in this area

    50 Total Sales

    Jeff Davis
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Mendoza

    CENTURY 21 Scheetz

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21721521

MIBOR Broker Listing Cooperative®

APN: 49-15-13-112-005.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7124 E Stop 11 Rd, Indianapolis, IN

Not Listed for Sale

Detached

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.

Nearby Homes