NOT LISTED FOR SALE

Estimated Value: $562,000 - $622,944

4 Beds
3.5 Baths
3,632 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $328,830 $91 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,635/month

186 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Corner Lot
  • Allisonville Elementary School Rated A-
  • Wood Flooring
  • Breakfast Room

About This Home

As of April 2019

A rare opportunity to purchase one of the most unique and talked about homes in Indianapolis. Built in 1967 by John Kleinops and located in Royal Pine Estates, this home, affectionately referred to by the owner as the Tea House, is an East Asian-style home complete with a pagoda roof, gated courtyard, slate foyer with pagoda bar. Fenced back yard, huge deck, circular floorplan centered by a cathedral ceiling great rm with black marble fireplace and cedar finished basement combine to create the perfect house for entertaining, corner lot with a circular drwy. A hideaway upstairs suite. Mstr BR suite + private courtyard. Main floor + basement Laundry Rms. A huge ginkgo tree in the front yard rounds out the theme. Own a home unlike any other.

Last Agent to Sell the Property

Paul King

The Pro-Group, INC Brokerage Email: paulking@progrouprealestate.com License #RB14027085 Listed on: 08/06/2018

Last Buyer's Agent

Terri Dunville

Dunville & Associates, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,924

Year Built

  • Built in 1967

Lot Details

  • 0.61 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Aggregate Flooring

Home Design

  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Breakfast Room
  • Utility Room
  • Laundry on upper level
  • Attic Access Panel
  • Monitored

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Royal Pine Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 53 / 2nd
  • Assessor Parcel Number 490229110023000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,924

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: See Remarks
  • Builder Name: John Kleinops
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1967
  • Building Area Total: 4835
  • Garage Y N: Yes
  • Lot Size Acres: 0.6116
  • Subdivision Name: Royal Pine Estates
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: http://pgrea.com/
  • Lifestyles: Other/See Remarks
  • F H A Certified: No
  • MBR_AttributionContact: paulking@progrouprealestate.com
  • Attribution Contact: paulking@progrouprealestate.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Down Draft, Gas Oven, Oven, Electric Water Heater, Water Softener Owned
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1082
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Hardwood Floors, Skylight(s), Wet Bar, Bath Sinks Double Main, Entrance Foyer
  • Living Area: 3632
  • Other Equipment: Security Alarm Monitored
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 3108
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 524
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • Patio And Porch Features: Deck Main Level, Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Aggregate, Attached, Concrete

Utilities

  • Utilities: Cable Connected
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: Yes

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 26641
  • Parcel Number: 490229110023000800
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4924
  • Tax Block: 2nd
  • Tax Lot: 53
  • Semi Annual Property Tax Amt: 2462
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • Schools: ALLISONVILLE ELEMENTARY,EASTWOOD MIDDLE,NORTH CENTRAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Apr 18, 2019
Sold by
Fischer Taylor Betty S and Fischer Betty S
Bought by
Dunville Daniel F and Dunville Christina M
Seller's Agent
Paul King
The Pro-Group, INC
Buyer's Agent
Terri Dunville
Dunville & Associates, Inc
List Price
$349,000
Sold Price
$328,830
Premium/Discount to List
-$20,170
-5.78%
Current Estimated Value
$592,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,906
Avg. Annual Appreciation
9.52%
Original Mortgage
$312,389
Outstanding Balance
$274,645
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$318,091
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
Dunville Daniel F $328,830 Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunville Daniel F $312,389
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $328,830 -5.8% $91 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $349,000 +6.1% $96 / Sq Ft
02/06/2019 02/06/19 Off Market $328,830 -- --
12/26/2018 12/26/18 Price Changed $349,000 -4.1% $96 / Sq Ft
11/19/2018 11/19/18 Price Changed $364,000 -4.0% $100 / Sq Ft
10/30/2018 10/30/18 Price Changed $379,000 -3.8% $104 / Sq Ft
10/13/2018 10/13/18 Price Changed $394,000 -3.7% $108 / Sq Ft
10/01/2018 10/01/18 Price Changed $409,000 -3.5% $113 / Sq Ft
09/13/2018 09/13/18 Price Changed $424,000 -4.1% $117 / Sq Ft
08/06/2018 08/06/18 For Sale $442,000 -- $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 $6,319 $459,200 $96,700 $362,500
2023 $6,319 $456,900 $96,700 $360,200
2022 $6,550 $479,000 $96,700 $382,300
2021 $5,507 $392,800 $68,400 $324,400
2020 $5,032 $380,700 $68,400 $312,300
2019 $4,151 $438,800 $68,400 $370,400
2018 $5,195 $431,100 $68,400 $362,700
2017 $5,091 $428,300 $68,400 $359,900
2016 $4,425 $400,900 $68,400 $332,500
2014 $3,943 $377,700 $68,400 $309,300
2013 $4,086 $391,400 $68,400 $323,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21586520

MIBOR Broker Listing Cooperative®

APN: 49-02-29-110-023.000-800