NOT LISTED FOR SALE

7601 Newport Bay Dr, Unit 206 Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $207,231 - $228,000

2 Beds
2 Baths
1,400 Sq Ft
5,227 Sq Ft Lot

Last Sold December 16, 2013

Last sale price $115,000 $82 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,334/month

110 Days on Market

Highlights

  • Indoor Pool
  • Elevator
  • Walk-In Closet
  • Clearwater Elementary School Rated A-
  • Storm Windows
  • Monitored

About This Home

As of December 2013

Fabulous condo at gated community of Newport Bay, offering tremendous amenities at great value. Super views of the pond and stunning waterfall. Upgraded kitchen with granite counters. Spacious sunroom. Heated garage. Community pontoon on well stocked 80 acre lake. Indoor heated pool with jacuzzi, workshop/hobby area, exercise spa with variety of equipment. Walking distance to shopping & restaurants. Minutes to I-465. Handicap access. Unit 206.

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services License #RB14031306 Listed on: 07/02/2013

RE/MAX Realty Services

Last Buyer's Agent

Larry Jasan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $986

Year Built

  • Built in 1988

Lot Details

  • 5,227

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Window Screens
  • Great Room with Fireplace
  • Storage
  • Monitored

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Pool House

Utilities

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

Additional Features

  • Handicap Accessible
  • Privacy Fence

Listing and Financial Details

  • Assessor Parcel Number 490230101025000800

Community Details

Overview

  • Association fees include lawncare, pool, snow removal
  • Newport Bay Subdivision

Amenities

  • Elevator

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$986

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1988
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: NEWPORT BAY
  • Inspection Warranties: Not Applicable
  • Property Description: Fabulous condo at gated community of Newport Bay, offering tremendous amenities at great value. Super views of the pond and stunning waterfall. Upgraded kitchen with granite counters. Spacious sunroom. Heated garage. Community pontoon on well stocked 80 acre lake. Indoor heated pool with jacuzzi, workshop/hobby area, exercise spa with variety of equipment. Walking distance to shopping & restaurants. Minutes to I-465. Handicap access. Unit 206.
  • Transaction Type: Sale
  • Website: www.indyplace.com
  • Floor Number: 2
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Screens Complete, Storage, Storms Complete, Walk-in Closet(s)
  • Living Area: 1400
  • Other Equipment: Elevator Common, Security Alarm Monitored, Security Alarm Paid, Smoke Detector
  • Room Count: 6
  • Eating Area: Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1400
  • Main Level Sq Ft: 1400
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Shower Stall Full,Main Level,Suite
  • Total Sq Ft: 1400
  • 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, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Fence Privacy, Exterior Handicap Accessible, Pool House, Indoor Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 119000
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Garage Door Opener,Heated,Shared Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Lawncare, Pool, Snow Removal
  • Mandatory Fee: 395

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490230101025000800
  • Acres: CndHPRCoop
  • Lot Information: Gated Community,Pond,Storm Sewer,Tree Mature
  • Lot Number: 206
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 986
  • Semi Annual Property Tax Amt: 493
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Nov 7, 2013
Sold by
Walburn Henrietta J
Bought by
Herrmann Michael F and Ryan Karia N
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Larry Jasan
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%
Current Estimated Value
$224,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,972
Avg. Annual Appreciation
6.02%
Original Mortgage
$109,250
Outstanding Balance
$31,088
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$196,337
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
Herrmann Michael F $115,000 --
Herrmann Michael F -- Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann Michael F $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $115,000 -3.4% $82 / Sq Ft
09/20/2013 09/20/13 Price Changed $119,000 -4.7% $85 / Sq Ft
07/02/2013 07/02/13 For Sale $124,900 -- $89 / 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 $1,224 $164,600 $57,900 $106,700
2023 $1,224 $126,400 $48,300 $78,100
2022 $1,387 $126,400 $48,300 $78,100
2021 $1,263 $121,800 $47,500 $74,300
2020 $1,207 $119,700 $47,000 $72,700
2019 $1,213 $124,900 $48,700 $76,200
2018 $1,130 $121,100 $48,300 $72,800
2017 $1,098 $120,000 $47,900 $72,100
2016 $994 $116,700 $47,400 $69,300
2014 $892 $118,800 $49,900 $68,900
2013 $987 $125,500 $51,800 $73,700
Source: Public Records

Agents Affiliated with this Home

  • Chris Schulhof

    Seller's Agent in 2013

    Chris Schulhof

    RE/MAX Realty Services

    (317) 585-7653

    283 Total Sales

    Section Image

  • L

    Buyer's Agent in 2013

    Larry Jasan

See All Agents

About This Building

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21242013

MIBOR Broker Listing Cooperative®

APN: 49-02-30-101-025.000-800

Indiana Marion County Indianapolis 46240 Clearwater

7601 Newport Bay Dr Unit 206, Indianapolis, IN

This home is located at 7601 Newport Bay Dr Unit 206, Indianapolis, IN 46240 since 02 July 2013 and is currently estimated at $221,058, approximately $157 per square foot. This property was built in 1988. 7601 Newport Bay Dr Unit 206 is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood 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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