NOT LISTED FOR SALE

7498 N Pennsylvania St Indianapolis, IN 46240

Estimated Value: $1,797,000 - $2,252,000

6 Beds
8 Baths
8,204 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $1,240,000 $151 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $12,888/month

128 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Traditional Architecture
  • North Central High School Rated A-
  • Radiant Floor
  • Double Oven

About This Home

As of October 2020

Like-new luxury on 1/2 Acre+ on one of the most desirable streets in Meridian Hills. WORKING FROM HOME,KIDS E-LEARNING? This is the house- separate study and office space. 800+sf Nanny/teen/office wing w/LR, BR, Full Bath + kitchenette w/possible future exterior private entry. Versatile floorplan w/BOTH Main & Upper Owner Suites. Add'l main fl BR/or office. Main & upper laundry. Mstr baths w/heated floors and air baths. Chefs kitchen:Wolf, 48" Sub Zero, 3 sinks, huge island, wine ref. Finished LL theatre, bath, plumbed for bar. 2 story GR w/natural fp leads to pool & outdoor entertainment. Htd Garage. Extensive mature landscaping for a ton of privacy. Short walk to Park Tudor, Marrott Park, more. Under 20 min to downtown, 5 Min to freeways.

Last Agent to Sell the Property

Kristin Tomyn

United Real Estate Indpls License #RB14048731 Listed on: 05/07/2020

United Real Estate Indpls

Last Buyer's Agent

Kristin Tomyn

United Real Estate Indpls License #RB14048731 Listed on: 05/07/2020

United Real Estate Indpls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,176

Year Built

  • Built in 2010

Lot Details

  • 0.58 Acre Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Cement Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Sound System
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Great Room with Fireplace

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Crawl Space
  • Basement Window Egress

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Pool

  • In Ground Pool

Utilities

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

Community Details

  • Stouts Meridian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490326106011000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,176

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2010
  • Garage Y N: Yes
  • Green Energy Efficient: Insulation, Windows
  • Lot Size Acres: 0.58
  • Subdivision Name: STOUTS MERIDIAN HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: Like-new luxury on 1/2 Acre+ on one of the most desirable streets in Meridian Hills. WORKING FROM HOME,KIDS E-LEARNING? This is the house- separate study and office space. 800+sf Nanny/teen/office wing w/LR, BR, Full Bath + kitchenette w/possible future exterior private entry. Versatile floorplan w/BOTH Main & Upper Owner Suites. Add'l main fl BR/or office. Main & upper laundry. Mstr baths w/heated floors and air baths. Chefs kitchen:Wolf, 48" Sub Zero, 3 sinks, huge island, wine ref. Finished LL theatre, bath, plumbed for bar. 2 story GR w/natural fp leads to pool & outdoor entertainment. Htd Garage. Extensive mature landscaping for a ton of privacy. Short walk to Park Tudor, Marrott Park, more. Under 20 min to downtown, 5 Min to freeways.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Egress Window(s)
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Disposal, Microwave, Gas Oven, Double Oven, Refrigerator, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar
  • Living Area: 8204
  • Other Equipment: Sump Pump, Surround Sound, Theater Equipment
  • Room Count: 14
  • Areas Interior: Bath Jack-n-Jill,Bath Sinks Double Main,Bedroom Other on Main,Foyer - 2 Story,Great Room - 2 Story,In-Law Quarters,Laundry Room Main Level,Laundry Room Upstairs
  • Eating Area: Formal Dining Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 6809
  • Main Level Sq Ft: 3294
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom 2nd Master,Closet Walk in,Deck,Sinks Double
  • Total Sq Ft: 8204
  • Kitchen Features: Center Island,Kitchen Eat In,Pantry WalkIn
  • Below Grade Sq Ft: 1395
  • Upper Level Sq Ft: 3515
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Partial, Fence Privacy, In Ground Pool
  • Foundation Details: Concrete Perimeter, Crawl Space
  • List Price: 1325000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated,Side Load Garage,Service Door
  • Garage Sq Ft: 827

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Dual, Forced Air, Radiant Floor
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490326106011000820
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Trees Small
  • Lot Number: 2
  • Lot Size: 256x100

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 16176
  • Semi Annual Property Tax Amt: 8088
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Oct 16, 2020
Sold by
Isaacs David E and Isaacs Karen R
Bought by
Hamilton W James W and Hamilton Wendy M
Seller's Agent
Kristin Tomyn
United Real Estate Indpls
Buyer's Agent
Kristin Tomyn
United Real Estate Indpls
List Price
$1,349,900
Sold Price
$1,240,000
Premium/Discount to List
-$109,900
-8.14%
Current Estimated Value
$1,997,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,173
Avg. Annual Appreciation
8.41%
Original Mortgage
$840,000
Outstanding Balance
$752,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,085,062

Purchase Details

Closed on
Oct 6, 2011
Sold by
James Frye Construction Inc
Bought by
Isaacs David E and Isaacs Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Frye James M
Bought by
James Frye Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Lee Michael
Bought by
Frye James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Hamilton W James W $1,240,000 Ata National Title
Isaacs David E -- None Available
James Frye Construction Inc -- Midwest Title Corporation
Frye James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton W James W $350,000
Open Hamilton W James W $840,000
Previous Owner Isaacs David $595,000
Previous Owner Isaacs David E $564,713
Previous Owner Isaacs David E $700,389
Previous Owner Isaacs David E $675,000
Previous Owner James Frye Construction Inc $820,000
Previous Owner Frye James M $820,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $1,240,000 -6.4% $151 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/13/2020 09/13/20 Price Changed $1,325,000 -1.8% $162 / Sq Ft
09/13/2020 09/13/20 For Sale $1,349,900 0.0% $165 / Sq Ft
09/07/2020 09/07/20 For Sale $1,349,900 +8.9% $165 / Sq Ft
09/03/2020 09/03/20 Off Market $1,240,000 -- --
09/02/2020 09/02/20 Off Market $1,240,000 -- --
07/24/2020 07/24/20 Price Changed $1,349,900 -1.8% $165 / Sq Ft
05/07/2020 05/07/20 For Sale $1,374,900 -- $168 / 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 $24,320 $1,668,900 $132,500 $1,536,400
2023 $24,320 $1,654,500 $132,500 $1,522,000
2022 $20,925 $1,654,500 $132,500 $1,522,000
2021 $18,433 $1,240,000 $72,100 $1,167,900
2020 $18,197 $1,351,100 $72,100 $1,279,000
2019 $16,419 $1,318,000 $72,100 $1,245,900
2018 $16,152 $1,335,100 $72,100 $1,263,000
2017 $14,658 $1,230,600 $72,100 $1,158,500
2016 $13,484 $1,235,200 $72,100 $1,163,100
2014 $12,895 $1,226,200 $72,100 $1,154,100
2013 $10,198 $1,010,700 $72,100 $938,600
Source: Public Records

Agents Affiliated with this Home

  • Kristin Tomyn

    Seller's Agent in 2020

    Kristin Tomyn

    United Real Estate Indpls

    (317) 430-5558

    3 in this area

    73 Total Sales

    Kristin Tomyn
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21707021

MIBOR Broker Listing Cooperative®

APN: 49-03-26-106-011.000-820

Indiana Marion County Indianapolis 46240

7498 N Pennsylvania St, Indianapolis, IN

This home is located at 7498 N Pennsylvania St, Indianapolis, IN 46240 since 07 May 2020 and is currently estimated at $1,997,173, approximately $243 per square foot. This property was built in 2010. 7498 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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