NOT LISTED FOR SALE

7404 N Pennsylvania St Indianapolis, IN 46240

Estimated Value: $2,958,000 - $7,090,645

4 Beds
4.5 Baths
7,424 Sq Ft
$722/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $1,250,000 $168 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $35,945/month

344 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Mature Trees
  • North Central High School Rated A-
  • 1.64 Acre Lot
  • Family Room with Fireplace

About This Home

As of November 2017

This totally updated 1950’s ranch style home in desirable Meridian Hills boasts the perfect balance between indoor & outdoor living. Situated on 1.63 acres, this beautiful home features lovely manicured yard, resort like setting w/saltwater pool, tennis court, covered patio & rec/pool house w/full bath. Spacious LR w/frplc, frml DR w/Tiffany chandelier, Butler’s pantry, lrg Gourmet Kitchen w/Brkfst Rm, FR w/frplc, 2 offices, generous sized bdrms & well-appointed Mstr Suite. Truly, A MUST SEE.

Last Agent to Sell the Property

Matt McLaughlin

F.C. Tucker Company License #RB14049997 Listed on: 10/20/2016

F.C. Tucker Company

Last Buyer's Agent

Samuel Hawkins

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,960

Year Built

  • Built in 1950

Lot Details

  • 1.64 Acre Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Block Foundation
  • Cement Siding
  • Stone

Interior Spaces

  • 7,424 Sq Ft Home
  • Built-in Bookshelves
  • Fireplace With Gas Starter
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Outdoor Storage

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Geothermal Heating and Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490326106012000820

Community Details

Overview

  • Stouts Meridian Hills Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,960

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 1.638
  • Subdivision Name: STOUTS MERIDIAN HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: This totally updated 1950’s ranch style home in desirable Meridian Hills boasts the perfect balance between indoor & outdoor living. Situated on 1.63 acres, this beautiful home features lovely manicured yard, resort like setting w/saltwater pool, tennis court, covered patio & rec/pool house w/full bath. Spacious LR w/frplc, frml DR w/Tiffany chandelier, Butler’s pantry, lrg Gourmet Kitchen w/Brkfst Rm, FR w/frplc, 2 offices, generous sized bdrms & well-appointed Mstr Suite. Truly, A MUST SEE.
  • Transaction Type: Sale
  • Website: http://penn.callmatt.in
  • Website: www.CallMatt.in
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Wine Cooler
  • Levels: One
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Starter, Living Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Walk-in Closet(s), Window Bay Bow
  • Living Area: 7424
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 11
  • Areas Interior: Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 4
  • Sq Ft Main Upper: 6093
  • Main Level Sq Ft: 6093
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Shower Stall Full,Suite,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 7424
  • Below Grade Sq Ft: 1331
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, In Ground Pool, Storage, Tennis Court(s)
  • Foundation Details: Block
  • List Price: 1399000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached,2 Car Attached
  • Garage Parking Other: Garage Door Opener

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490326106012000820
  • Acres: 1-3 Acres
  • Lot Information: Tree Mature
  • Lot Number: 6 & 7
  • Lot Size: 71,351

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 11960
  • Semi Annual Property Tax Amt: 5980
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Nov 6, 2017
Sold by
Jean A Reist
Bought by
Reist Jean and Reist Martin
Seller's Agent
Matt McLaughlin
F.C. Tucker Company
Buyer's Agent
Samuel Hawkins
F.C. Tucker Company
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%
Current Estimated Value
$5,358,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,108,215
Avg. Annual Appreciation
19.00%
Original Mortgage
$275,000
Interest Rate
3.94%

Purchase Details

Listed on
Oct 20, 2016
Closed on
Nov 1, 2017
Sold by
Jean A
Bought by
Timothy J
Seller's Agent
Matt McLaughlin
F.C. Tucker Company
Buyer's Agent
Samuel Hawkins
F.C. Tucker Company
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.94%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Hoyt Judith
Bought by
Reist Martin P and Reist Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.22%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2009
Sold by
Semler Rosemary and Hoyt Judith
Bought by
Hoyt Judith
Source: Public Records

Range of Values:

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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
Reist Jean -- --
Timothy J $1,250,000 --
Brugh Timothy J $1,250,000 Title Services, Llc
Reist Martin P -- None Available
Hoyt Judith -- Commerce Title Companys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brugh Timothy J $3,520,000
Closed Reist Jean $275,000
Closed Reist Jean --
Previous Owner Reist Martin P $680,000
Previous Owner Reist Martin P $40,000
Previous Owner Reist Martin P $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $1,250,000 -10.7% $168 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
11/17/2016 11/17/16 Price Changed $1,399,000 -6.7% $188 / Sq Ft
10/20/2016 10/20/16 For Sale $1,499,000 -- $202 / 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 $83,712 $5,644,600 $282,700 $5,361,900
2023 $83,712 $5,546,000 $282,700 $5,263,300
2022 $70,438 $5,462,600 $282,700 $5,179,900
2021 $39,352 $2,578,500 $158,500 $2,420,000
2020 $39,875 $1,585,500 $158,500 $1,427,000
2019 $32,576 $1,374,100 $158,500 $1,215,600
2018 $27,527 $1,174,700 $158,500 $1,016,200
2017 $14,544 $1,012,100 $158,500 $853,600
2016 $11,960 $935,500 $158,500 $777,000
2014 $10,866 $900,900 $158,500 $742,400
2013 $6,753 $769,900 $158,500 $611,400
Source: Public Records

Agents Affiliated with this Home

  • Matt McLaughlin

    Seller's Agent in 2017

    Matt McLaughlin

    F.C. Tucker Company

    (317) 590-0529

    15 in this area

    678 Total Sales

    Matt McLaughlin
    Section Image

  • S

    Buyer's Agent in 2017

    Samuel Hawkins

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21449096

MIBOR Broker Listing Cooperative®

APN: 49-03-26-106-012.000-820

Indiana Marion County Indianapolis 46240

7404 N Pennsylvania St, Indianapolis, IN

This home is located at 7404 N Pennsylvania St, Indianapolis, IN 46240 since 20 October 2016 and is currently estimated at $5,358,215, approximately $721 per square foot. This property was built in 1950. 7404 N Pennsylvania St is a home located in Marion County with nearby schools including Fox Hill Elementary School, Northview Middle School, and North Central 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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