NOT LISTED FOR SALE

Estimated Value: $631,000 - $872,000

4 Beds
2.5 Baths
5,303 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $795,000 $150 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,743/month

3 Days on Market

Highlights

  • Above Ground Spa
  • Contemporary Architecture
  • Wood Flooring
  • 0.81 Acre Lot
  • Cathedral Ceiling
  • 3 Car Attached Garage

About This Home

As of June 2024

This one-of-a kind, custom-built rustic contemporary home is the perfect blend of serenity and functionality. You will be greeted by the stone arch and stunning 3-car garage. Refinished white oak floors usher you into the heart of the home - a great room boasting cathedral ceilings with a cozy "mountain retreat" feel complete with stone fireplace, custom mantle and a wall of windows. Imagine the possibilities with the indoor basketball court that has served as a yoga studio, workout room and gathering space over the years. Large kitchen w/ breakfast nook & formal dining space for family meals. Primary suite on main level w/ walk-in closet, steam shower and bay windows overlooking the serenity of the nearly 1 acre wooded lot. 3 bedrooms upstairs with additional storage space and a large bathroom. Finished basement perfect for movie and game nights that includes a flex space to be used as an additional bedroom or office. Multiple outdoor settings to enjoy the natural surroundings or relax in the hot tub. Incredible opportunity to live in one of Indy's most sought after neighborhoods less than 30 minutes from downtown.

Last Agent to Sell the Property

Joshua Lawrence

@properties Brokerage Email: josh@atpropertiesind.com License #RB16001027 Listed on: 05/16/2024

@properties

Last Buyer's Agent

Richard Bellian

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,720

Year Built

  • Built in 1979

Lot Details

  • 0.81

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Rustic Architecture
  • Block Foundation
  • Cedar
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Above Ground Spa
  • 0.81 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 4020639
  • Assessor Parcel Number 490225122011000400
  • Seller Concessions Offered

Community Details

Overview

  • Knollwood Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,720

Year Built

Built in 1979

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Rustic, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1979
  • Building Area Total: 5345
  • Garage Y N: Yes
  • Lot Size Acres: 0.81
  • Subdivision Name: Knollwood
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Website: https://listings.thehomeaesthetic.com/sites/7225-tuliptree-trl-indianapolis-in-46256-9464315/branded
  • Accessibility Features YN: No
  • MBR_AttributionContact: josh@atpropertiesind.com
  • Attribution Contact: josh@atpropertiesind.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Appliances: Common Laundry, Gas Cooktop, Dishwasher, Dryer, Kitchen Exhaust, MicroHood, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 797
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Hardwood Floors
  • Living Area: 5303
  • Main Level Bedrooms: 1
  • Spa Features: Above Ground
  • Spa Y N: Yes
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 3286
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1220
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Cedar, Stone
  • Foundation Details: Block
  • List Price: 795000

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached
  • Garage Sq Ft: 1257

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 35066
  • Parcel Number: 490225122011000400
  • Acres: 1/2-1 Acre
  • Price Acre: 981481

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6720
  • Tax Lot: 4020639
  • Semi Annual Property Tax Amt: 3360
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Spencer Thomas Craig and Spencer Brenda
Bought by
Thomas C Spencer And Brenda M Spencer Joint R and Spencer
Current Estimated Value
$765,826

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 28, 2024
Sold by
Lyons Niki and Lyons Bradley
Bought by
Spencer Thomas Craig and Spencer Brenda
Seller's Agent
Joshua Lawrence
@properties
Buyer's Agent
Richard Bellian
Carpenter, REALTORS®
List Price
$795,000
Sold Price
$795,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.12%
Original Mortgage
$195,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 21, 2020
Sold by
Hensley Jeffrey A and Hensley Robin Greene
Bought by
Lyons Niki and Lyons Bradley
Seller's Agent
Brian Sanders
CENTURY 21 Scheetz
Buyer's Agent
Joshua Lawrence
@properties
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Thomas C Spencer And Brenda M Spencer Joint R -- None Listed On Document
Spencer Thomas Craig $795,000 Chicago Title
Lyons Niki $570,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Thomas Craig $195,000
Previous Owner Lyons Niki $510,400
Previous Owner Hensley Jeffrey A $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $795,000 0.0% $150 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $795,000 +39.5% $150 / Sq Ft
09/22/2020 09/22/20 Sold $570,000 -4.2% $108 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $595,000 -4.8% $112 / Sq Ft
06/26/2020 06/26/20 For Sale $625,000 -- $118 / 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 $6,931 $614,000 $86,200 $527,800
2023 $6,931 $614,000 $86,200 $527,800
2022 $6,914 $533,100 $86,200 $446,900
2021 $6,496 $556,600 $71,200 $485,400
2020 $4,404 $370,800 $71,200 $299,600
2019 $3,969 $379,100 $71,200 $307,900
2018 $4,186 $401,400 $71,200 $330,200
2017 $4,158 $399,100 $71,200 $327,900
2016 $4,070 $390,800 $71,200 $319,600
2014 $3,907 $390,700 $71,200 $319,500
2013 $3,907 $390,700 $71,200 $319,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21979822

MIBOR Broker Listing Cooperative®

APN: 49-02-25-122-011.000-400