NOT LISTED FOR SALE

725 Forest Dr Anderson, IN 46011

Estimated Value: $313,000 - $405,000

4 Beds
2.5 Baths
4,687 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $251,000 $54 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,218/month

Highlights

  • Basketball Court
  • Colonial Architecture
  • Vaulted Ceiling
  • 0.89 Acre Lot
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of August 2021

Stately, enchanting home in coveted Forest Hills on corner lot w/mature trees & nearly 1 acre. The grand foyer will WOW you w/sitting area, wainscoting, hardwoods & exquisite staircase. Family room w/white marble fireplace & oversized french doors leading to brick patio. Eat-in kitchen w/Amish-made cherry cabinets, breakfast bar, butler's pantry, mudroom & formal dining room w/interior french doors and exterior glass doors. Main floor primary bedroom w/full bath. 2nd floor has a 2nd primary bedroom w/unfinished ensuite ready for you to finish; 2 add'l bedrooms; & library w/built-ins. Basement w/2nd living area & fireplace, laundry & several add'l storage areas/rooms. Tranquil backyard, basketball court, 37x6 screened porch, and no HOA fees!

Last Agent to Sell the Property

Kate Broadus

Compass Indiana, LLC License #RB18001950 Listed on: 07/14/2021

Compass Indiana, LLC

Last Buyer's Agent

Nick Rodgers

RE/MAX Real Estate Solutions

RE/MAX Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1929

Lot Details

  • 0.89 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Living Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Rough-In Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Basement Lookout

Outdoor Features

  • Basketball Court
  • Screened Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 481102404036000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1929
  • Building Area Total: 4687
  • Garage Y N: Yes
  • Lot Size Acres: 0.8876
  • Subdivision Name: FOREST HILLS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Roughed In, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wood Work Painted
  • Other Equipment: Sump Pump
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3251
  • Main Level Sq Ft: 1727
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom, Split,Closet Walk in
  • Kitchen Features: Breakfast Bar,Kitchen Eat In
  • Below Grade Sq Ft: 1436
  • Upper Level Sq Ft: 1524
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini, Basketball Court
  • Foundation Details: Block, Full
  • List Price: 234900
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 481102404036000003
  • Acres: 1/2-1 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 18
  • Lot Size: 38,664

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2338
  • Semi Annual Property Tax Amt: 1169
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Anderson Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 9, 2021
Sold by
Long Morris D and Long Katherine M
Bought by
Horne Crystal D and Patterson Migual D
Seller's Agent
Kate Broadus
Compass Indiana, LLC
Buyer's Agent
Nick Rodgers
RE/MAX Real Estate Solutions
List Price
$234,900
Sold Price
$251,000
Premium/Discount to List
$16,100
6.85%
Current Estimated Value
$364,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,681
Avg. Annual Appreciation
7.52%
Original Mortgage
$238,450
Outstanding Balance
$219,443
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$117,945

Purchase Details

Closed on
Oct 16, 2017
Sold by
Watkins Freddy and Watkins Amy
Bought by
Watkins Tanner N
Source: Public Records

Range of Values:

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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
Horne Crystal D $502,000 American Land Title
Watkins Tanner N -- Rowland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Crystal D $238,450
Previous Owner Long Morris D $150,000
Previous Owner Long Morris D $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $251,000 +6.9% $54 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $234,900 -- $50 / 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 $2,957 $265,500 $44,000 $221,500
2023 $2,788 $242,700 $42,100 $200,600
2022 $2,643 $235,900 $39,800 $196,100
2021 $2,450 $217,900 $39,400 $178,500
2020 $2,337 $207,400 $37,600 $169,800
2019 $2,282 $202,500 $37,600 $164,900
2018 $2,129 $185,100 $37,600 $147,500
2017 $1,838 $183,200 $37,600 $145,600
2016 $1,778 $177,200 $36,500 $140,700
2014 $1,864 $184,800 $36,500 $148,300
2013 $1,864 $184,800 $36,500 $148,300
Source: Public Records

Agents Affiliated with this Home

  • Kate Broadus

    Seller's Agent in 2021

    Kate Broadus

    Compass Indiana, LLC

    (317) 363-7375

    1 in this area

    48 Total Sales

    Kate Broadus
    Section Image

  • N

    Buyer's Agent in 2021

    Nick Rodgers

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21798901

MIBOR Broker Listing Cooperative®

APN: 48-11-02-404-036.000-003

Indiana Madison County Anderson 46011

725 Forest Dr, Anderson, IN

This home is located at 725 Forest Dr, Anderson, IN 46011 since 14 July 2021 and is currently estimated at $364,681, approximately $77 per square foot. This property was built in 1929. 725 Forest Dr is a home located in Madison County with nearby schools including Edgewood Elementary School, Highland Middle School, and Anderson High School.

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.

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