NOT LISTED FOR SALE

7540 Stones River Dr Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $567,000 - $727,000

5 Beds
4 Baths
5,891 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $475,000 $81 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,071/month

64 Days on Market

Highlights

  • Family Room with Fireplace
  • Wooded Lot
  • Formal Dining Room
  • Franklin Central High School Rated A-
  • Vaulted Ceiling
  • Tray Ceiling

About This Home

As of December 2014

Beautiful two story home in desirable Timber Lakes. Impressive five bedroom features generous island kitchen with breakfast bar, breakfast room plus a formal dining room. Huge master suite with a gas fireplace, whirlpool tub, double sinks, oversized shower and walk-in closet. Basement adds more living space with daylight windows and 9' ceilings. This is a must see home on a beautiful wooded lot.

Last Agent to Sell the Property

Phillip Carroll

Carrsun Realty Company License #RB14019377 Listed on: 09/15/2014

Last Buyer's Agent

Craig West

Berkshire Hathaway Home License #RB14040014

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 2004

Lot Details

  • 0.4 Acre Lot
  • Back Yard Fenced
  • Wooded Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Basement Window Egress

Utilities

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

Community Details

  • Association fees include maintenance
  • Timberlakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491513130012000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,970

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2004
  • Garage Y N: Yes
  • Lot Size Acres: 0.399
  • Subdivision Name: TIMBERLAKES
  • Inspection Warranties: General
  • Property Description: Beautiful two story home in desirable Timber Lakes. Impressive five bedroom features generous island kitchen with breakfast bar, breakfast room plus a formal dining room. Huge master suite with a gas fireplace, whirlpool tub, double sinks, oversized shower and walk-in closet. Basement adds more living space with daylight windows and 9' ceilings. This is a must see home on a beautiful wooded lot.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Egress Window(s)
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 2
  • Interior Amenities: Raised Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s)
  • Living Area: 5891
  • Other Equipment: Sump Pump, Water-Softener Owned
  • Room Count: 10
  • Areas Interior: Foyer - 2 Story,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3997
  • Main Level Sq Ft: 1902
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,Fireplace,Tub Full with Separate Shower,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 5891
  • Below Grade Sq Ft: 1894
  • Upper Level Sq Ft: 2095
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 4.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Concrete Perimeter
  • List Price: 489900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance
  • Mandatory Fee: 300

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491513130012000300
  • Acres: 1/4-1/2 Acre
  • Lot Information: Wooded
  • Lot Number: 132
  • Lot Size: 17376

Tax Info

  • Tax Annual Amount: 3970
  • Semi Annual Property Tax Amt: 1985
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Dec 12, 2014
Sold by
Mcgee Robert C and Mcgee Tia Imhoff
Bought by
Shock Adam and Shock Christine M
Seller's Agent
Phillip Carroll
Carrsun Realty Company
Buyer's Agent
Craig West
Berkshire Hathaway Home
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Current Estimated Value
$664,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,246
Avg. Annual Appreciation
3.10%
Original Mortgage
$427,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Spencer Patrick M and Spencer Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Walker Justin R and Walker Laura L
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shock Adam -- Napa Land Title
Spencer Patrick M -- None Available
Bac Home Loans Servicing Lp $399,794 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shock Adam $353,500
Closed Shock Adam $417,000
Closed Shock Adam $427,500
Previous Owner Spencer Patrick M $360,000
Previous Owner Spencer Patrick M $360,000
Previous Owner Walker Justin R $74,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $475,000 -3.0% $81 / Sq Ft
09/15/2014 09/15/14 For Sale $489,900 +6.5% $83 / Sq Ft
09/26/2013 09/26/13 Sold $460,000 -3.2% $78 / Sq Ft
08/15/2013 08/15/13 For Sale $475,000 -- $81 / 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 $5,424 $659,300 $68,100 $591,200
2023 $5,424 $528,000 $68,100 $459,900
2022 $5,420 $528,000 $68,100 $459,900
2021 $5,085 $494,900 $68,100 $426,800
2020 $4,860 $472,700 $68,100 $404,600
2019 $4,787 $465,800 $56,500 $409,300
2018 $4,677 $455,100 $56,500 $398,600
2017 $4,489 $436,700 $56,500 $380,200
2016 $4,559 $444,100 $56,500 $387,600
2014 $4,386 $438,600 $56,500 $382,100
2013 $3,901 $397,200 $56,500 $340,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Phillip Carroll

    Carrsun Realty Company

    (317) 439-8762

    7 Total Sales

    Section Image
  • Craig West

    Buyer's Agent in 2014

    Craig West

    Berkshire Hathaway Home

    (765) 546-0551

    4 Total Sales

    Section Image

  • B

    Seller's Agent in 2013

    Brian Waters

    Mentor Listing Realty Inc

    (866) 269-1006

    507 Total Sales

    Section Image

  • T

    Buyer's Agent in 2013

    Tom Endicott

    Keller Williams Indy Metro NE

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21315246

MIBOR Broker Listing Cooperative®

APN: 49-15-13-130-012.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7540 Stones River Dr, Indianapolis, IN

This home is located at 7540 Stones River Dr, Indianapolis, IN 46259 since 15 September 2014 and is currently estimated at $664,246, approximately $112 per square foot. This property was built in 2004. 7540 Stones River Dr is a home located in Marion County with nearby schools including Franklin 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.

Nearby Homes