NOT LISTED FOR SALE

7505 Morningside Dr Indianapolis, IN 46240

Estimated Value: $570,000 - $887,000

3 Beds
2.5 Baths
3,368 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 07, 2014

Last sale price $265,000 $79 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,385/month

218 Days on Market

Highlights

  • 1.1 Acre Lot
  • Living Room with Fireplace
  • Central Air
  • North Central High School Rated A-
  • Ranch Style House
  • Garage

About This Home

As of April 2014

This property sits on an incredible 1.1 acres in Meridian Hills! Mature trees line this large, commanding, corner lot. 3 Bedroom ranch with a basement could be torn down leaving more than enough room for YOUR dream home!! Seller has obtained proposal for demolition costs. Minutes from Park Tudor, The Monon Trail and Broad Ripple and I-465. Property sold "As Is".

Last Agent to Sell the Property

Amanda Martin

Listed on: 08/06/2013

Last Buyer's Agent

Julie Downey

CENTURY 21 Scheetz License #RB14044234

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1950

Lot Details

  • 1.1 Acre Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 3,368 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Sump Pump
  • Fireplace in Basement

Parking

  • Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 490326133026000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,486

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: 2013
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 1.1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This property sits on an incredible 1.1 acres in Meridian Hills! Mature trees line this large, commanding, corner lot. 3 Bedroom ranch with a basement could be torn down leaving more than enough room for YOUR dream home!! Seller has obtained proposal for demolition costs. Minutes from Park Tudor, The Monon Trail and Broad Ripple and I-465. Property sold "As Is".
  • Transaction Type: Sale
  • Website: www.dreamhomecompany.com
  • Website: http://www.meridianhills.org/
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Cooktop, Dishwasher, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Living Area: 3368
  • Other Equipment: Sump Pump
  • Room Count: 7
  • Eating Area: Dining Combo/Living Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1924
  • Main Level Sq Ft: 1924
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3368
  • Below Grade Sq Ft: 1444
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 299000
  • Association Maintained Building Exterior: 0

Garage/Parking

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

Utilities

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

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490326133026000820
  • Acres: 1-3 Acres
  • Lot Information: Corner,Tree Mature
  • Lot Number: 0
  • Lot Size: 1.00 AC

Tax Info

  • Tax Annual Amount: 3486
  • Semi Annual Property Tax Amt: 1743
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Shepherd Kameron R and Mataway Melissa D
Bought by
Shepherd Kameron R and Shepherd Melissa D
Current Estimated Value
$716,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$308,637
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$337,088

Purchase Details

Closed on
Jun 10, 2016
Sold by
Shepherd Kameron R
Bought by
Shepherd Kameron R and Mataway Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2013
Closed on
Apr 7, 2014
Sold by
Dunah David A
Bought by
Shepherd Kameron R
Seller's Agent
Amanda Martin
Buyer's Agent
Julie Downey
CENTURY 21 Scheetz
List Price
$460,000
Sold Price
$265,000
Premium/Discount to List
-$195,000
-42.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$238,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2011
Sold by
Dunham L Elizabeth
Bought by
Dunham David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,340
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Shepherd Kameron R -- None Available
Shepherd Kameron R -- Centurion Land Title Inc
Shepherd Kameron R $265,000 Enterprise Title
Shepherd Kameron R -- None Available
Dunham David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Kameron R $345,000
Closed Shepherd Kameron R $130,000
Closed Mataway Melissa D $130,000
Closed Shepherd Kameron R $230,000
Closed Shepherd Kameron R $238,500
Previous Owner Dunham David A $63,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2014 04/07/14 Sold $265,000 0.0% $79 / Sq Ft
04/07/2014 04/07/14 Off Market $265,000 -- --
03/07/2014 03/07/14 Price Changed $299,000 -12.1% $89 / Sq Ft
12/14/2013 12/14/13 Price Changed $340,000 -15.0% $101 / Sq Ft
11/12/2013 11/12/13 Price Changed $399,900 -7.0% $119 / Sq Ft
09/16/2013 09/16/13 Price Changed $429,900 -6.5% $128 / Sq Ft
08/06/2013 08/06/13 For Sale $460,000 -- $137 / 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 $5,794 $469,100 $109,600 $359,500
2023 $5,794 $419,100 $109,600 $309,500
2022 $6,082 $419,100 $109,600 $309,500
2021 $5,418 $389,000 $81,200 $307,800
2020 $5,224 $397,900 $81,200 $316,700
2019 $4,884 $397,900 $81,200 $316,700
2018 $4,470 $373,200 $81,200 $292,000
2017 $4,358 $368,700 $81,200 $287,500
2016 $3,501 $317,600 $81,200 $236,400
2014 $3,437 $328,400 $81,200 $247,200
2013 $3,428 $339,300 $81,200 $258,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Amanda Martin

  • Julie Downey

    Buyer's Agent in 2014

    Julie Downey

    CENTURY 21 Scheetz

    (317) 250-7996

    14 Total Sales

    Julie Downey
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21248732

MIBOR Broker Listing Cooperative®

APN: 49-03-26-133-026.000-820

Indiana Marion County Indianapolis 46240

7505 Morningside Dr, Indianapolis, IN

This home is located at 7505 Morningside Dr, Indianapolis, IN 46240 since 06 August 2013 and is currently estimated at $716,065, approximately $212 per square foot. This property was built in 1950. 7505 Morningside Dr is a home located in Marion County with nearby schools including Spring Mill 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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