NOT LISTED FOR SALE

7602 W Old Colony Dr New Palestine, IN 46163

Estimated Value: $537,000 - $621,000

5 Beds
3.5 Baths
5,074 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $600,000 $118 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,579/month

23 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Covered Patio or Porch
  • New Palestine Jr High School Rated A-
  • No HOA
  • 3 Car Attached Garage

About This Home

As of April 2024

WOW! METICULOUSLY MAINTAINED 5BED/3.5 BATH HOME IN NEW PALESTINE SCHOOLS. CUSTOM BUILT, OPEN FLR PLAN, PRIMARY BEDROOM ON MAIN, FULLY FINISHED BASEMENT W/ MOVIE THEATER & WET BAR, UPSTAIRS LOFT. HOME HAS LOADS OF STORAGE, LRG BEDROOMS, GOURMET KITCHEN, COVERED PATIO, PRIVATE YARD W/ 0.44 ACRE LOT! MANY UPDATES INCLUDING ROOF, GUTTERS, WINDOWS, SOME APPLIANCES, PAINT, A/C, & MORE. NEIGHBORHOOD IS QUIET WITH SPACIOUS LOTS. HOME IS ABOUT 30 MINUTES TO DOWNTOWN INDIANAPOLIS.

Last Agent to Sell the Property

Amy McIntyre

Circle Real Estate Brokerage Email: amy@circle-re.com License #RB14042428 Listed on: 02/15/2024

Last Buyer's Agent

Tony Papalia

New Quantum Realty Group License #RB14045701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • Rural Setting

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Storage
  • Laundry on main level
  • Finished Basement
  • Sump Pump with Backup
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Schildmeier Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 96 / 3
  • Assessor Parcel Number 300926203096000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,684

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2005
  • Building Area Total: 5074
  • Garage Y N: Yes
  • Lot Size Acres: 0.44
  • Subdivision Name: Schildmeier Village
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: amy@circle-re.com
  • Attribution Contact: amy@circle-re.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Finished Ceiling, Finished Walls
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Convection Oven, Refrigerator, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1982
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Built In Book Shelves, Raised Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Network Ready, Pantry, Screens Complete, Storage, Wet Bar
  • Living Area: 5074
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Sump Pump w/Backup, Theater Equipment
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1982
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1110
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 620000
  • Patio And Porch Features: Covered Patio, Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Rural - Subdivision
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 19036
  • Parcel Number: 300926203096000012
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1363636

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4684
  • Tax Block: 3
  • Tax Lot: 96
  • Semi Annual Property Tax Amt: 2342
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2009
Sold by
Preston Richard
Bought by
Robertson Jeffery E and Robertson Lisa L
Current Estimated Value
$591,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Car Construction Group Inc
Bought by
Preston Richard and Preston Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.71%
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
Robertson Jeffery E -- --
Preston Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Jeffery E $284,798
Closed Robertson Jeffery E $284,798
Closed Robertson Jeffery E $320,750
Closed Robertson Jeffery E $332,000
Previous Owner Preston Richard $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $600,000 -3.2% $118 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $620,000 -- $122 / 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 $5,269 $585,700 $55,600 $530,100
2023 $5,269 $538,100 $76,400 $461,700
2022 $4,685 $500,400 $43,600 $456,800
2021 $4,660 $466,000 $43,600 $422,400
2020 $4,191 $432,100 $43,600 $388,500
2019 $4,136 $413,600 $43,600 $370,000
2018 $3,923 $411,200 $43,600 $367,600
2017 $3,880 $395,700 $43,600 $352,100
2016 $3,884 $388,400 $42,300 $346,100
2014 $3,891 $389,100 $39,200 $349,900
2013 $3,891 $392,900 $39,200 $353,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21963637

MIBOR Broker Listing Cooperative®

APN: 30-09-26-203-096.000-012