7161 Caversham Place Indianapolis, IN 46278
Traders Point Neighborhood
3
Beds
4
Baths
2,064
Sq Ft
$325/mo
HOA Fee
Highlights
- Deck
- Wood Flooring
- Formal Dining Room
- Traditional Architecture
- Covered patio or porch
- Balcony
About This Home
As of March 2025Welcome Home to 7161 Caversham Place! This stunning three-story condo offers plenty of space to live, relax, and entertain. With two expansive living areas, a formal dining room, an open kitchen, three bedrooms, and four bathrooms, this home is designed for both comfort and functionality. You will love all of the natural light, oversized kitchen island and walk in pantry. The entry-level provides additional living space, while the uppermost level ensures privacy with all three bedrooms and two full bathrooms. Each bedroom boasts walk in closets and plenty of space. The main level features a bathroom, as well as the primary living area, dining room, and kitchen. Step out onto the spacious deck off the main living area and enjoy the tree-lined view. Cozy up by the gas fireplace, surrounded by stunning built-in bookshelves that add a custom touch. With newer carpet throughout, this home is ready for you to move in and make it your own. Schedule your tour today!
Last Agent to Sell the Property
Carpenter, REALTORS® Brokerage Email: russellrealtygroup@callcarpenter.com License #RB21000939 Listed on: 01/28/2025
Last Buyer's Agent
Carpenter, REALTORS® Brokerage Email: russellrealtygroup@callcarpenter.com License #RB21000939 Listed on: 01/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,314
Year Built
- Built in 2009
HOA Fees
- $325 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 3-Story Property
- Built-in Bookshelves
- Tray Ceiling
- Paddle Fans
- Gas Log Fireplace
- Entrance Foyer
- Formal Dining Room
- Attic Access Panel
- Smart Locks
- Property Views
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- <<builtInMicrowave>>
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Schools
- Central Elementary School
- Lincoln Middle School
- Pike High School
Utilities
- Heating system powered by renewable energy
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 49-04-26-121-003.021-600
- Assessor Parcel Number 490426121003021600
- Seller Concessions Not Offered
Community Details
Overview
- Association fees include sewer, management, trash
- Association Phone (317) 875-5600
- Westbourne Subdivision
- Property managed by Community Association Services of Indiana
- The community has rules related to covenants, conditions, and restrictions
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Aug 6, 2024
Sold by
Crenshaw Kylie Nicole and Carmack Kylie Crenshaw
Bought by
Gassman Robert W and Farmer Caysey J
Seller's Agent
Rachel Firestone
F.C. Tucker Company
Buyer's Agent
Doug Russell
Carpenter, REALTORS®
List Price
$284,000
Sold Price
$280,000
Premium/Discount to List
-$4,000
-1.41%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,848
Avg. Annual Appreciation
3.29%
Original Mortgage
$250,000
Outstanding Balance
$247,838
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$41,010
Purchase Details
Closed on
Jan 14, 2022
Sold by
Sarah Ratzlaff
Bought by
Crenshaw Kylie Nicole and Carmack Austin Alan
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
Jan 7, 2022
Sold by
Sarah Ratzlaff
Bought by
Crenshaw Kylie Nicole and Carmack Austin Alan
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
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
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | First American Title | |
| Warranty Deed | -- | Hall Render Killian Heath & Ly | |
| Warranty Deed | $255,000 | Hall Render Killian Heath & Ly | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $180,500 | -- | |
| Quit Claim Deed | $180,500 | Duvall & Fall, P.C. | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $229,500 | New Conventional | |
| Previous Owner | $229,500 | New Conventional | |
| Previous Owner | $145,624 | Seller Take Back | |
| Previous Owner | $153,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $285,000 | 0.0% | $138 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 01/28/2025 01/28/25 | For Sale | $285,000 | +1.8% | $138 / Sq Ft |
| 08/01/2024 08/01/24 | Sold | $280,000 | +0.4% | $136 / Sq Ft |
| 06/30/2024 06/30/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | Price Changed | $279,000 | -1.8% | $135 / Sq Ft |
| 06/07/2024 06/07/24 | For Sale | $284,000 | -- | $138 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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
-
Doug Russell
Seller's Agent in 2025
Doug Russell
Carpenter, REALTORS®
(317) 453-1210
2 in this area
89 Total Sales
-
Rachel Firestone
R
Seller's Agent in 2024
Rachel Firestone
F.C. Tucker Company
(317) 345-7696
1 in this area
94 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22019237
APN: 49-04-26-121-003.021-600
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