NOT LISTED FOR SALE

Estimated Value: $383,000 - $441,402

3 Beds
2 Baths
2,200 Sq Ft
$558/mo HOA Fee

Last Sold October 30, 2019

Last sale price $319,000 $145 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,075/month

11 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Cathedral Ceiling
  • Clearwater Elementary School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of October 2019

Charm charm charm.This Absolutely beautiful free standing condo home located on Indy's best keep secrets Lake Somerset has breathtaking views of crystal clear blue water & much more.This 3bd rm 2ba home w/den features light & bright great rm w/soaring ceiling ,warm gas fireplace & built in surround sound adjacent to oversized private rear deck w/ retractable awning overlooking lake & leading to second lakeside deck & boat dock .New gourmet kitchen w/ breakfast bar ,white cabinets, custom backsplash, new granite tops & stainless steel appliances.Master retreat w/lake views, nice bath w/double vanities, shower & large walk in closet. All of this next to community center w/ indoor pool, workout rm, billiards rm, wood working shop. A must see!

Last Agent to Sell the Property

Mark Fox

The Fox Group Real Estate License #RB14042446 Listed on: 09/14/2019

Last Buyer's Agent

Robert Harton

Artisan, REALTORS® License #RB14005922

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1992

Lot Details

  • Lake Front

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Bay Window
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Monitored

Kitchen

  • Electric Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Multiple Outdoor Decks
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490230101009000800

Community Details

Overview

  • Association fees include home owners, exercise room, insurance, irrigation, lawncare, ground maintenance, maintenance structure, security, snow removal
  • Association Phone (317) 558-5345
  • Newport Bay Subdivision
  • Property managed by Kirkpatrick

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,816

Year Built

Built in 1992

Lot Details

0

HOA Fees

$558 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1992
  • Building Area Total: 2200
  • Garage Y N: Yes
  • Subdivision Name: Newport Bay
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Unit Entry Level: m
  • MBR_AttributionContact: homesforfriends@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Cathedral Ceiling(s), Hardwood Floors, Window Bay Bow, Windows Thermal
  • Living Area: 2200
  • Main Level Bedrooms: 3
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Alarm
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2200
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2200

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Dock
  • List Price: 334000
  • Patio And Porch Features: Multiple Decks, Covered Porch
  • Pool Features: Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Attached, Garage Door Opener, Side Load Garage, Guest Parking, Workshop in Garage
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 546

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 558
  • Association Fee Frequency: Monthly
  • Association Phone: 317-558-5345
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • Condo Description Location: Free Standing
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Exercise Room, Insurance, Irrigation, Lawncare, Maintenance Grounds, Maintenance Structure, Security, Snow Removal

Lot Info

  • Lot Features: Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 5358
  • Parcel Number: 490230101009000800
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2816
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1408
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Oct 30, 2019
Sold by
Caroll Katherine L
Bought by
Opat Anthony and Opat Conne Parry
Seller's Agent
Mark Fox
The Fox Group Real Estate
Buyer's Agent
Robert Harton
Artisan, REALTORS®
List Price
$334,000
Sold Price
$319,000
Premium/Discount to List
-$15,000
-4.49%
Current Estimated Value
$410,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,351
Avg. Annual Appreciation
4.09%
Original Mortgage
$287,100
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Lanz Linda Louise and Kordis Diane
Bought by
Carroll Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
4.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Opat Anthony $319,000 First American Title Insurance
Carroll Katherine L -- None Available
Carroll Katherine L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opat Anthony $100,000
Previous Owner Opat Anthony $287,100
Previous Owner Carroll Katherine L $25,000
Previous Owner Carroll Katherine L $175,000
Previous Owner Carroll Katherine L $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $319,000 -4.5% $145 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $334,000 -- $152 / 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 $3,961 $405,300 $70,500 $334,800
2023 $3,961 $304,300 $58,800 $245,500
2022 $4,385 $304,300 $58,800 $245,500
2021 $3,664 $266,600 $57,800 $208,800
2020 $3,399 $261,600 $57,200 $204,400
2019 $3,216 $263,600 $59,200 $204,400
2018 $2,925 $245,400 $58,800 $186,600
2017 $2,926 $248,600 $58,200 $190,400
2016 $2,565 $233,000 $57,700 $175,300
2014 $2,305 $228,500 $60,600 $167,900
2013 $2,524 $242,800 $63,000 $179,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21668034

MIBOR Broker Listing Cooperative®

APN: 49-02-30-101-009.000-800