NOT LISTED FOR SALE

7614 Shady Trails Dr Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $588,000 - $667,000

5 Beds
3 Baths
5,067 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $408,000 $81 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,922/month

63 Days on Market

Highlights

  • 1 Fireplace
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-
  • 3 Car Attached Garage
  • Energy-Efficient Windows

About This Home

As of June 2020

Stunning new plan by Drees Homes in beautiful Iron Stone featuring an open floor plan and huge kitchen. Large island kitchen with built-in stainless steel appliances, upgraded white cabinetry, Chef inspired kitchen, quartz countertops, Breakfast room that walks out to a large back covered patio. Main level guest bedroom with full bath. Owners suite on 2nd level with sitting area, walk in closets, bath with soaker tub, sep shower, large walk-in closet,and double sink vanity. Top floor bedrooms include walk in closets and full bath. unfinished Full basement, 3 car garage.Back covered patio is Overlooking the pond. Convenient to restaurants, Mall, I-65 and Hospitals.Great Franklin township Schools.

Last Agent to Sell the Property

Beenu Sikand

Legacy Homes International License #RB14028951 Listed on: 03/22/2020

Last Buyer's Agent

Beenu Sikand

Legacy Homes International License #RB14028951 Listed on: 03/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 2019

Lot Details

  • 0.34

Parking

  • 3 Car Attached Garage
  • Driveway

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • 0.34 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include home owners entrance common maintenance
  • Ironstone Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491618125020031300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,476

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2019
  • Garage Y N: Yes
  • Green Energy Efficient: Windows
  • Lot Size Acres: 0.338
  • Subdivision Name: IRONSTONE
  • Inspection Warranties: General
  • Property Description: Stunning new plan by Drees Homes in beautiful Iron Stone featuring an open floor plan and huge kitchen. Large island kitchen with built-in stainless steel appliances, upgraded white cabinetry, Chef inspired kitchen, quartz countertops, Breakfast room that walks out to a large back covered patio. Main level guest bedroom with full bath. Owners suite on 2nd level with sitting area, walk in closets, bath with soaker tub, sep shower, large walk-in closet,and double sink vanity. Top floor bedrooms include walk in closets and full bath. unfinished Full basement, 3 car garage.Back covered patio is Overlooking the pond. Convenient to restaurants, Mall, I-65 and Hospitals.Great Franklin township Schools.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Roughed In,Unfinished,Daylight/Lookout Windows,Egress Window(s)
  • Appliances: Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room,Gas Log
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s),Hardwood Floors,Wood Work Painted
  • Living Area: 5067
  • Other Equipment: Network Ready,Multiple Phone Lines,Smoke Detector,Sump Pump,Programmable Thermostat
  • Room Count: 11
  • Areas Interior: Bedroom Other on Main,Foyer Small,In-Law Quarters,Living Room Formal,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3604
  • Main Level Sq Ft: 1463
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Sitting Room,Tub Garden
  • Total Sq Ft: 5067
  • Kitchen Features: Center Island,Kitchen Eat In,Pantry WalkIn
  • Below Grade Sq Ft: 1463
  • Upper Level Sq Ft: 2141
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick,Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter,Full
  • List Price: 417500
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Sq Ft: 683

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners,Entrance Common,Maintenance
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491618125020031300
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Pond
  • Lot Number: 35
  • Lot Size: 14,723

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2476
  • Semi Annual Property Tax Amt: 1238
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township
  • Schools: Franklin Central High,South Creek Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jun 24, 2020
Sold by
Padmanabharao Santhosh Sorab and Ramanath Vidya
Bought by
Singh Mandeep
Seller's Agent
Beenu Sikand
Legacy Homes International
Buyer's Agent
Beenu Sikand
Legacy Homes International
List Price
$435,000
Sold Price
$408,000
Premium/Discount to List
-$27,000
-6.21%
Current Estimated Value
$639,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,841
Avg. Annual Appreciation
8.32%
Original Mortgage
$387,600
Outstanding Balance
$348,096
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$268,540

Purchase Details

Closed on
Mar 28, 2019
Sold by
Drees Preemier Homes Inc
Bought by
Padmanabharao Santhosh Sorab and Ramanath Vidya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,038
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 7, 2018
Sold by
Capstone Land Dev Llc
Bought by
Drees Premier Homes Inc
Source: Public Records

Range of Values:

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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
Singh Mandeep -- None Available
Padmanabharao Santhosh Sorab $417,548 First American Title Insurance
Drees Premier Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Mandeep $387,600
Previous Owner Padmanabharao Santhosh Sorab $332,500
Previous Owner Padmanabharao Santhosh Sorab $334,038
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $408,000 -2.3% $81 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/16/2020 05/16/20 Price Changed $417,500 +0.1% $82 / Sq Ft
05/16/2020 05/16/20 Price Changed $417,000 -3.0% $82 / Sq Ft
05/11/2020 05/11/20 Price Changed $429,900 -1.2% $85 / Sq Ft
03/22/2020 03/22/20 For Sale $435,000 -- $86 / 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 $5,229 $617,400 $100,300 $517,100
2023 $5,229 $512,300 $100,300 $412,000
2022 $4,869 $476,500 $100,300 $376,200
2021 $4,669 $459,900 $100,300 $359,600
2020 $4,583 $451,600 $100,300 $351,300
2019 $2,542 $247,700 $79,500 $168,200
2018 $15 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

  • Beenu Sikand

    Seller's Agent in 2020

    Beenu Sikand

    Legacy Homes International

    (317) 670-1055

    32 in this area

    195 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21701761

MIBOR Broker Listing Cooperative®

APN: 49-16-18-125-020.031-300

Indiana Marion County Indianapolis 46259 South Franklin

7614 Shady Trails Dr, Indianapolis, IN

This home is located at 7614 Shady Trails Dr, Indianapolis, IN 46259 since 22 March 2020 and is currently estimated at $631,328, approximately $124 per square foot. This property was built in 2019. 7614 Shady Trails 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.

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