NOT LISTED FOR SALE

7161 Caversham Place Unit 4 Indianapolis, IN 46278

Traders Point Neighborhood

Estimated Value: $280,775 - $293,000

3 Beds
4 Baths
2,064 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $255,000 $124 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,002/month

2 Days on Market

About This Home

As of January 2022

Don't miss your chance on this wonderful condo in the perfect location. 7161 Caversham offers over 2000 sqft, 3 bdrms, 2 full baths, 2 half baths and a 2 car garage. The interior has brand new carpet and fresh paint throughout. Other interior features include lots of storage space, fireplace, built in shelving, owners suite with jetted tub and shower, walk-in closets in all bedrooms, spacious kitchen w large island, and laundry on bdrm level. Outside has a covered front porch to enjoy those nice quiet evenings, and a large back deck with view for entertaining your guests. The home is also just minutes from Trader's Point and Eagle Creek for all your shopping, exercise and entertainment needs. Also just seconds away from the interstate.

Last Agent to Sell the Property

Paul Miller

Innovative Home Realty License #RB14042799 Listed on: 12/01/2021

Last Buyer's Agent

Taylor Smith

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • 2009

Lot Details

  • 871

HOA Fees

  • $285 per month

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Property managed by Julie Schaefer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

2009

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Lifestyles: Fourplex
  • Unit Entry Level: 1
  • F H A Certified: 1
  • Architectural Style: TraditonalAmerican
  • Directions: West of I-465 on 71st St to Marshbury Way, Right (North) & veer left at "Y" and proceed North to Loop to Condo straight ahead.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: WESTBOURNE
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood
  • Fireplace Features: Gas Log, Living Room
  • Areas Interior: Foyer Large,Laundry Room Upstairs,Utility Room
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2064
  • Main Level Sq Ft: 528
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Garden
  • Kitchen Features: Center Island,Kitchen Eat In,Pantry
  • Upper Level Sq Ft: 1536
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Screens Complete, Windows Vinyl
  • Other Equipment: Water-Softener Owned

Exterior Features

  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick, Vinyl With Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry
  • Garage Sq Ft: 480
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Management Company Name: Julie Schaefer
  • Management Company Phone: 317-875-5600
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Other/SeeRemarks
  • Condo Type: Vertical
  • Association Fee: 285
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance Structure, Maintenance, Snow Removal, Trash

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 4
  • Lot Size: 1,021

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1041
  • Tax Exemption: HomesteadTaxExemption
  • Tax Annual Amount: 2082
  • Tax Year: 2020

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Gassman Robert W and Farmer Caysey J
Bought by
Simon James Jon and Simon Marney
Current Estimated Value
$287,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,405
Outstanding Balance
$293,148
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
-$5,704

Purchase Details

Closed on
Aug 6, 2024
Sold by
Crenshaw Kylie Nicole and Carmack Kylie Crenshaw
Bought by
Gassman Robert W and Farmer Caysey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 14, 2022
Sold by
Sarah Ratzlaff
Bought by
Crenshaw Kylie Nicole and Carmack Austin Alan
Seller's Agent
Paul Miller
Innovative Home Realty
Buyer's Agent
Taylor Smith
F.C. Tucker Company
List Price
$249,999
Sold Price
$255,000
Premium/Discount to List
$5,001
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$229,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 7, 2022
Sold by
Sarah Ratzlaff
Bought by
Crenshaw Kylie Nicole and Carmack Austin Alan
Seller's Agent
Paul Miller
Innovative Home Realty
Buyer's Agent
Taylor Smith
F.C. Tucker Company
List Price
$249,999
Sold Price
$255,000
Premium/Discount to List
$5,001
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2021
Sold by
Ratzlaff Sarah and Ratzlaff Courtney
Bought by
Ratzlaff Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,624
Interest Rate
4.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2018
Sold by
Terry Ratzlaff
Bought by
Sarah Ratzlaff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,624
Interest Rate
4.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2015
Sold by
Ratzlaff Terry and Ratzlaff Ruth
Bought by
The Terry Ratzlaff & Ruth Anne Ratzlaff

Purchase Details

Closed on
Jul 3, 2008
Sold by
Beazer Homes Indiana Llp
Bought by
Ratzlaff Terry and Ratzlaff Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.1%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Simon James Jon -- First American Title
Gassman Robert W $280,000 First American Title
Crenshaw Kylie Nicole -- Hall Render Killian Heath & Ly
Crenshaw Kylie Nicole $255,000 Hall Render Killian Heath & Ly
Ratzlaff Sarah -- None Listed On Document
Sarah Ratzlaff $180,500 --
Ratzlaff Sarah $180,500 Duvall & Fall, P.C.
The Terry Ratzlaff & Ruth Anne Ratzlaff -- None Available
Ratzlaff Terry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon James Jon $294,405
Previous Owner Gassman Robert W $250,000
Previous Owner Crenshaw Kylie Nicole $229,500
Previous Owner Crenshaw Kylie Nicole $229,500
Previous Owner Ratzlaff Sarah $145,624
Previous Owner Ratzlaff Sarah $145,624
Previous Owner Ratzlaff Terry $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $255,000 +2.0% $124 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $249,999 -- $121 / 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 $2,383 $269,200 $15,700 $253,500
2023 $2,383 $231,400 $15,700 $215,700
2022 $2,391 $229,900 $15,700 $214,200
2021 $2,223 $215,600 $15,700 $199,900
2020 $2,148 $208,200 $15,700 $192,500
2019 $2,069 $200,500 $15,700 $184,800
2018 $1,989 $192,600 $15,700 $176,900
2017 $3,672 $180,500 $15,700 $164,800
2016 $3,649 $179,400 $15,700 $163,700
2014 $3,216 $160,800 $15,700 $145,100
2013 $3,247 $160,800 $15,700 $145,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21827284

MIBOR Broker Listing Cooperative®

APN: 49-04-26-121-003.021-600