NOT LISTED FOR SALE

7228 Wet Rock Ct Indianapolis, IN 46236

Estimated Value: $262,000 - $294,000

3 Beds
2 Baths
1,220 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $235,000 $193 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,638/month

129 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • Eat-In Kitchen

About This Home

As of February 2024

Freshly painted ranch with huge fenced backyard on a cul-de-sac. Split floorplan for privacy. Open concept living room with fireplace with lots of cabinets in the kitchen and brand new SS appliances & garbage disposal. 2020 HVAC & 2019 water heater. Perfectly located between Oaklandon and McCordsville.

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC Brokerage Email: contracts@offerpad.com License #RB21000603 Listed on: 09/22/2023

Last Buyer's Agent

Jason Hess

Compass Indiana, LLC License #RB14048495

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1993

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • Paddle Fans
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Boulders At Geist Subdivision

Listing and Financial Details

  • Legal Lot and Block 139 / 6
  • Assessor Parcel Number 490127102013000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,786

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1993
  • Building Area Total: 1220
  • Garage Y N: Yes
  • Lot Size Acres: 0.28
  • Subdivision Name: Boulders At Geist
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: contracts@offerpad.com
  • Attribution Contact: contracts@offerpad.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Paddle Fan, Eat-in Kitchen, Entrance Foyer, Pantry
  • Living Area: 1220
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1220
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Fence Full Rear
  • Foundation Details: Slab
  • List Price: 239000
  • Patio And Porch Features: Covered Porch, Open Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Cul-De-Sac
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 12197
  • Parcel Number: 490127102013000407
  • Acres: 1/4-1/2 Acre
  • Price Acre: 839286

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1786
  • Tax Block: 6
  • Tax Lot: 139
  • Semi Annual Property Tax Amt: 893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Feb 22, 2024
Sold by
Op Spe Phx1 Llc
Bought by
Sullivan Josiah and Pine Jessica
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Jason Hess
Compass Indiana, LLC
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%
Views
271
Current Estimated Value
$272,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,497
Avg. Annual Appreciation
10.02%
Original Mortgage
$223,250
Outstanding Balance
$219,516
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$52,981

Purchase Details

Closed on
Aug 23, 2023
Sold by
Peterson Tiara
Bought by
Op Spe Phx1 Llc

Purchase Details

Closed on
Aug 18, 2023
Sold by
Peterson Tiara
Bought by
Op Spe Phx1 Llc

Purchase Details

Closed on
Aug 23, 2022
Sold by
Ann Peterson Lori
Bought by
Peterson Tiara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2008
Sold by
Rinehart Theresa K
Bought by
Peterson Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,026
Interest Rate
6.17%
Mortgage Type
FHA
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
Sullivan Josiah $235,000 First American Title
Op Spe Phx1 Llc $244,000 First American Title
Op Spe Phx1 Llc -- First American Title
Peterson Tiara $115,000 Ata National Title Group
Peterson Lori Ann -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Josiah $223,250
Previous Owner Peterson Tiara $103,500
Previous Owner Peterson Lori Ann $92,855
Previous Owner Peterson Lori Ann $109,026
Previous Owner Rinehart Theresa K $18,748
Previous Owner Rinehart Theresa K $18,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $235,000 -1.7% $193 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $239,000 -0.4% $196 / Sq Ft
12/08/2023 12/08/23 Price Changed $239,900 -2.0% $197 / Sq Ft
11/02/2023 11/02/23 Price Changed $244,900 -2.0% $201 / Sq Ft
10/18/2023 10/18/23 Price Changed $249,900 -3.8% $205 / Sq Ft
09/22/2023 09/22/23 For Sale $259,900 0.0% $213 / Sq Ft
04/13/2021 04/13/21 Rented -- -- --
03/14/2021 03/14/21 Under Contract -- -- --
12/30/1997 12/30/97 For Rent $895 -- --
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 $2,245 $238,600 $29,600 $209,000
2023 $2,245 $202,500 $29,600 $172,900
2022 $2,142 $190,700 $29,600 $161,100
2021 $1,838 $162,000 $29,600 $132,400
2020 $1,643 $143,900 $22,400 $121,500
2019 $1,491 $143,900 $22,400 $121,500
2018 $1,358 $130,800 $22,400 $108,400
2017 $1,306 $125,800 $22,400 $103,400
2016 $1,215 $118,700 $22,400 $96,300
2014 $987 $110,900 $22,400 $88,500
2013 $924 $105,800 $22,400 $83,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21944861

MIBOR Broker Listing Cooperative®

APN: 49-01-27-102-013.000-407