NOT LISTED FOR SALE

7502 Inverness Dr Indianapolis, IN 46237

South Franklin Neighborhood

Estimated Value: $274,000 - $323,000

4 Beds
2 Baths
2,412 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $130,000 $54 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,815/month

67 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Garage
  • Franklin Central High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

Wonderful family home in a great stable neighborhood near great recreation and shopping. Hard to find 4 bdrm ranch with a newer Great Room addition with gorgeous fireplace and a pool table. Good sized family kitchen with bar. Office just off Master gives the master a little more privacy. Good sized bedrooms. Large lot with lots of room to play for kids, friends, and pets and a patio for family barbecues..

Last Agent to Sell the Property

Julie Tornquist

Welcome Home Indy, LLC License #RB14051620 Listed on: 07/10/2015

Last Buyer's Agent

Hilda Ellis

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1977

Lot Details

  • 0.3

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,412 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Muirfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491514105115000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,340

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1977
  • Garage Y N: Yes
  • Lot Size Acres: 0.301
  • Subdivision Name: MUIRFIELD
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful family home in a great stable neighborhood near great recreation and shopping. Hard to find 4 bdrm ranch with a newer Great Room addition with gorgeous fireplace and a pool table. Good sized family kitchen with bar. Office just off Master gives the master a little more privacy. Good sized bedrooms. Large lot with lots of room to play for kids, friends, and pets and a patio for family barbecues..
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Disposal,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Great Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Wood Work Painted
  • Living Area: 2412
  • Other Equipment: Water-Softener Owned
  • Room Count: 9
  • Eating Area: Breakfast Bar,Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2412
  • Main Level Sq Ft: 2412
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Total Sq Ft: 2412
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 125000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491514105115000300
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Suburban,Tree Mature
  • Lot Number: 43
  • Lot Size: 13103

Tax Info

  • Tax Annual Amount: 1340
  • Semi Annual Property Tax Amt: 670
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Feb 18, 2016
Sold by
Logan Vincent and Logan Jaclyn
Bought by
Perez Karinen
Seller's Agent
Julie Tornquist
Welcome Home Indy, LLC
Buyer's Agent
Hilda Ellis
Berkshire Hathaway Home
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$294,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,533
Avg. Annual Appreciation
8.92%
Original Mortgage
$117,325
Outstanding Balance
$93,603
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$200,048

Purchase Details

Closed on
Oct 8, 2013
Sold by
Brown Michael W and Brown Lisa J
Bought by
Logan Vincent and Logan Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,720
Interest Rate
4.5%
Source: Public Records

Range of Values:

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Average Value
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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
Perez Karinen -- First American Title Ins Co
Logan Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Karinen $117,325
Previous Owner Logan Vincent $4,720
Previous Owner Logan Vincent $115,862
Previous Owner Brown Michael W $24,500
Previous Owner Brown Michael W $102,400
Previous Owner Brown Michael W $12,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Sold $130,000 +4.0% $54 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $125,000 0.0% $52 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $125,000 -- $52 / 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 $2,554 $293,500 $28,400 $265,100
2023 $2,554 $242,800 $28,400 $214,400
2022 $2,552 $242,800 $28,400 $214,400
2021 $2,264 $214,300 $28,400 $185,900
2020 $2,177 $205,900 $28,400 $177,500
2019 $1,857 $174,200 $19,700 $154,500
2018 $1,691 $157,900 $19,700 $138,200
2017 $1,558 $144,900 $19,700 $125,200
2016 $1,588 $148,200 $19,700 $128,500
2014 $1,342 $132,600 $19,700 $112,900
2013 $1,235 $122,100 $19,700 $102,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Julie Tornquist

    Welcome Home Indy, LLC

    Section Image

  • H

    Buyer's Agent in 2016

    Hilda Ellis

    Berkshire Hathaway Home

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21364503

MIBOR Broker Listing Cooperative®

APN: 49-15-14-105-115.000-300

Indiana Marion County Indianapolis 46237 South Franklin

7502 Inverness Dr, Indianapolis, IN

This home is located at 7502 Inverness Dr, Indianapolis, IN 46237 since 10 July 2015 and is currently estimated at $294,533, approximately $122 per square foot. This property was built in 1977. 7502 Inverness Dr is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Southport Presbyterian Christian 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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