$240,000
SOLD MAR 3, 2025
2 Beds
2 Baths
1,396 Sq Ft
$85/mo HOA Fee

Recently Sold

$172 Per Sq Ft

14% Below List Price

107 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • 2 Car Attached Garage
  • Homestead Senior High School Rated A
  • Lake, Pond or Stream
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Welcome to 7474 Glen Gelder Circle, a wonderful villa located in Abbey Place. This amazing home has many desirable features, including two bedrooms and full two bathrooms one of which is the primary with en suite. There is a perfectly sized living area, eat in dining area, and an additional loft area up the stairs that can serve any purpose of your choosing. There is a two-car garage with a pull-down attic that offers additional storage. The back yard has a wonderful deck that offers pond and tree views, giving you a great sense of privacy.

Last Agent to Sell the Property

Derek Daniels

RE/MAX Results Brokerage Email: derekdaniels@kw.com Listed on: 09/23/2024

RE/MAX Results

Last Buyer's Agent

Samantha Stoner

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1997

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,396 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Water Views
  • Gas Oven or Range
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Schools

  • Whispering Meadows Elementary School
  • Woodside Middle School
  • Homestead High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Lake, Pond or Stream
  • Waterfront

Community Details

  • Abbey Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-11-01-302-006.000-075

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,069

Year Built

Built in 1997

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Waterfront: Yes
  • Year Built: 1997
  • Age: 28
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: ABBEY PLACE VILLAS SEC. II LOT 104
  • Parcel Number ID: 02-11-01-302-006.000-075
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Dryer Hook Up Electric, Range/Oven Hook Up Gas, Main Level Bedroom Suite
  • Sp Lp Percent: 98
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1396
  • Total Finished Sq Ft: 1396
  • Above Grade Finished Sq Ft: 1396
  • Price Per Sq Ft: 171.92
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 16x13, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Loft: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx5, On Level: 8
  • Water Type: Pond

Condo/Co-op/Association

  • Association Fees: 255
  • Association Fees Frequency: Quarterly

Schools

  • School District: MSD of Southwest Allen Cnty
  • Elementary School: Whispering Meadows
  • Middle School: Woodside
  • High School: Homestead
  • Elementary School: Whispering Meadows

Lot Info

  • Lot Description: Level, Waterfront, Water View
  • Lot Number: 104

Tax Info

  • Annual Taxes: 2069.4
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Homestead
  • Middle School: Woodside
  • School District: MSD of Southwest Allen Cnty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Mar 3, 2025
Sold by
Mcgehee Carole A
Bought by
Griffin Carlene
Seller's Agent
Derek Daniels
RE/MAX Results
Buyer's Agent
Samantha Stoner
Mike Thomas Assoc., Inc
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Views
259
Current Estimated Value
$240,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167
Avg. Annual Appreciation
0.04%
Original Mortgage
$240,000
Outstanding Balance
$239,402
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$647

Purchase Details

Closed on
Sep 13, 2002
Sold by
Wilkin Tiffany L
Bought by
Mcgehee Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,247
Interest Rate
6.4%
Mortgage Type
FHA
Source: Public Records

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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 Type Sale Price Title Company
Personal Reps Deed $240,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 VA
Previous Owner $106,372 FHA
Previous Owner $118,247 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $240,000 -2.0% $172 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
12/06/2024 12/06/24 Price Changed $244,900 -2.0% $175 / Sq Ft
11/21/2024 11/21/24 Price Changed $249,900 -3.8% $179 / Sq Ft
11/07/2024 11/07/24 Price Changed $259,900 -1.9% $186 / Sq Ft
10/11/2024 10/11/24 Price Changed $264,900 -5.4% $190 / Sq Ft
10/04/2024 10/04/24 For Sale $279,900 -- $201 / Sq Ft
Source: Indiana Regional MLS

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 $2,069 $217,600 $40,000 $177,600
2022 $2,073 $193,300 $23,000 $170,300
2021 $1,740 $166,900 $23,000 $143,900
2020 $1,560 $147,200 $23,000 $124,200
2019 $1,428 $136,100 $23,000 $113,100
2018 $1,439 $136,900 $23,000 $113,900
2017 $1,259 $117,500 $23,000 $94,500
2016 $1,246 $117,900 $23,000 $94,900
2014 $1,163 $111,800 $23,000 $88,800
2013 $1,143 $109,500 $23,000 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202438173

Indiana Regional MLS

APN: 02-11-01-302-006.000-075