NOT LISTED FOR SALE

7423 Sylvan Ridge Rd Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $394,000 - $449,000

3 Beds
2.5 Baths
2,396 Sq Ft
$315/mo HOA Fee

Last Sold July 19, 2018

Last sale price $261,500 $109 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,985/month

3 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Traditional Architecture
  • Clearwater Elementary School Rated A-
  • Vaulted Ceiling
  • Community Pool

About This Home

As of July 2018

Wonderful condo located in Sylvan Ridge Lakes. Close to downtown, Broad Ripple, shopping, restaurants and more! This home has 3 bedrooms and 2.5 baths with a finished basement. Ample living space for everyone's needs. Open floor plan with fireplace and wet bar for entertaining. New deck build in 2016!

Last Agent to Sell the Property

Rick Elson

CENTURY 21 Scheetz License #RB14047152 Listed on: 05/31/2018

CENTURY 21 Scheetz

Co-Listed By

John Creamer

CENTURY 21 Scheetz License #RB14014819

Last Buyer's Agent

Nicole Scherrer

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1979

Lot Details

  • Home fronts a pond
  • Lake Front

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Bar Fridge
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Window Screens
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490229117071000800

Community Details

Overview

  • Association fees include home owners, entrance private, insurance, ground maintenance, maintenance structure, snow removal, tennis court(s)
  • Association Phone (317) 781-9579
  • Sylvan Ridge Subdivision
  • Property managed by Communitas Management

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,178

Year Built

Built in 1979

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2008
  • Year Built: 1979
  • Building Area Total: 3817
  • Co List Office Phone: 317-705-2500
  • Garage Y N: Yes
  • Subdivision Name: Sylvan Ridge
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • MBR_AttributionContact: relson@c21scheetz.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dishwasher, Disposal, Refrigerator, Bar Fridge, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s), Walk-in Closet(s), Screens Complete, Skylight(s), Wood Work Painted, Pantry, Wet Bar
  • Living Area: 2396
  • Main Level Bedrooms: 1
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Living Room Formal,Utility Room
  • Eating Area: Formal Dining Room,Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1884
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 512
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1
  • SqFt Total: 3817

Exterior Features

  • Construction Materials: Wood With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Dock
  • Foundation Details: Concrete Perimeter
  • List Price: 260000
  • Patio And Porch Features: Open Patio
  • Pool Features: Association
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association Phone: 317-781-9579
  • Association YN: Yes
  • Management Company Name: Communitas Management
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Private, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Tennis Court(s)

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490229117071000800
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2178
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1089
  • Tax Exemption: Historic Tax Credit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 19, 2018
Bought by
Jeffrey O'Brien
Seller's Agent
Rick Elson
CENTURY 21 Scheetz
Buyer's Agent
Nicole Scherrer
United Real Estate Indpls
List Price
$260,000
Sold Price
$261,500
Premium/Discount to List
$1,500
0.58%
Current Estimated Value
$415,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,311
Avg. Annual Appreciation
6.73%
Original Mortgage
$50,000
Outstanding Balance
$43,870
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$369,847

Purchase Details

Closed on
Apr 23, 2015
Sold by
Agnelneri Barbara Parry and Delk Barbara Parry
Bought by
Elson Linda K

Purchase Details

Closed on
Apr 27, 2009
Sold by
Bindner Ruth M
Bought by
Delk Barbara Parry
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
Jeffrey O'Brien $261,500 --
Obrien Jeffrey J $261,500 Enterprise Title
Elson Linda K -- First American Title
Delk Barbara Parry -- Landmark Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Jeffrey J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $261,500 +0.6% $109 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $260,000 -- $109 / 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 $4,476 $338,000 $60,700 $277,300
2023 $4,476 $338,000 $60,700 $277,300
2022 $4,333 $302,400 $60,400 $242,000
2021 $4,087 $295,400 $27,400 $268,000
2020 $3,706 $283,600 $27,300 $256,300
2019 $3,266 $266,500 $27,200 $239,300
2018 $3,169 $264,800 $27,200 $237,600
2017 $2,749 $231,700 $26,900 $204,800
2016 $2,475 $223,200 $26,900 $196,300
2014 $4,615 $223,900 $26,800 $197,100
2013 $2,094 $199,600 $26,600 $173,000
Source: Public Records

Agents Affiliated with this Home

  • Rick Elson

    Seller's Agent in 2018

    Rick Elson

    CENTURY 21 Scheetz

    (317) 490-5646

    6 in this area

    145 Total Sales

    Section Image
  • John Creamer

    Seller Co-Listing Agent in 2018

    John Creamer

    CENTURY 21 Scheetz

    (317) 250-5646

    3 in this area

    165 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Nicole Scherrer

    United Real Estate Indpls

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21570828

MIBOR Broker Listing Cooperative®

APN: 49-02-29-117-071.000-800

Indiana Marion County Indianapolis 46240 Clearwater

7423 Sylvan Ridge Rd, Indianapolis, IN

This home is located at 7423 Sylvan Ridge Rd, Indianapolis, IN 46240 since 31 May 2018 and is currently estimated at $415,811, approximately $173 per square foot. This property was built in 1979. 7423 Sylvan Ridge Rd is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood 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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