NOT LISTED FOR SALE

7640 The Commons Zionsville, IN 46077

Estimated Value: $919,199 - $1,026,000

5 Beds
4 Baths
6,045 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $642,500 $106 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,762/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Formal Dining Room
  • Stonegate Elementary School Rated A
  • Victorian Architecture
  • Double Oven

About This Home

As of June 2020

Classic beauty and an abundance of curb appeal greet you as you enter this custom built home in picturesque Stonegate. Having been exquisitely updated to include everything a discerning buyer might look for: gourmet kitchen with large natural stone island and new stainless steel appliances, plush new carpet, fresh paint and on-trend light fixtures, this home is truly move-in ready. The large open family room and kitchen provide the perfect space to entertain friends and family. Expansive lower level provides a place for everyone to play. A stunning home that is ready for you.

Last Agent to Sell the Property

Sarah Ribolzi

Encore Sotheby's International License #RB16001741 Listed on: 04/21/2020

Last Buyer's Agent

Shannon Gilbert

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,686

Year Built

  • Built in 2006

Lot Details

  • 9,801 Sq Ft Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Victorian Architecture
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Bay Window
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Basement Lookout

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas

Community Details

  • Association fees include clubhouse, parkplayground, pool, snow removal
  • Stonegate Subdivision
  • Property managed by Omni

Listing and Financial Details

  • Assessor Parcel Number 060832000004006005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,686

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2006
  • Garage Y N: Yes
  • Lot Size Acres: 0.225
  • Subdivision Name: STONEGATE
  • Inspection Warranties: Not Applicable
  • Property Description: Classic beauty and an abundance of curb appeal greet you as you enter this custom built home in picturesque Stonegate. Having been exquisitely updated to include everything a discerning buyer might look for: gourmet kitchen with large natural stone island and new stainless steel appliances, plush new carpet, fresh paint and on-trend light fixtures, this home is truly move-in ready. The large open family room and kitchen provide the perfect space to entertain friends and family. Expansive lower level provides a place for everyone to play. A stunning home that is ready for you.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Insert
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Window Bay Bow
  • Living Area: 6045
  • Other Equipment: Sump Pump
  • Room Count: 11
  • Areas Interior: Bath Sinks Double Main,Bedroom Other on Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 3572
  • Main Level Sq Ft: 2473
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Full with Separate Shower,Tub Whirlpool
  • Total Sq Ft: 6045
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 2473
  • Upper Level Sq Ft: 1099
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 650000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Wrap Around Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Omni
  • Management Company Phone: 317-574-1000

Fee Information

  • Association Fee Includes: Clubhouse, ParkPlayground, Pool, Snow Removal
  • Mandatory Fee: 1546

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 060832000004006005
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 135
  • Lot Size: 9,801 Sqft

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 7686
  • Semi Annual Property Tax Amt: 3843
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Zionsville Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jun 25, 2020
Sold by
Ribolzi Dan and Ribolzi Sarah
Bought by
Kosiba Eric and Kosiba Karin
Seller's Agent
Sarah Ribolzi
Encore Sotheby's International
Buyer's Agent
Shannon Gilbert
Highgarden Real Estate
List Price
$650,000
Sold Price
$642,500
Premium/Discount to List
-$7,500
-1.15%
Current Estimated Value
$945,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,924
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
May 11, 2006
Sold by
Reitz Lawrence A
Bought by
Reitz Group Inc
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
Kosiba Eric -- Meridian Title
Reitz Group Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $642,500 -1.2% $106 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $650,000 -- $108 / 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
2025 $9,642 $916,100 $89,800 $826,300
2024 $9,642 $871,500 $89,800 $781,700
2023 $8,421 $795,400 $89,800 $705,600
2022 $7,936 $744,600 $89,800 $654,800
2021 $7,437 $650,600 $89,800 $560,800
2020 $7,558 $672,300 $89,800 $582,500
2019 $7,685 $674,300 $89,800 $584,500
2018 $7,255 $644,000 $89,800 $554,200
2017 $7,118 $641,200 $89,800 $551,400
2016 $6,916 $623,700 $70,900 $552,800
2014 $10,890 $555,200 $70,900 $484,300
2013 $11,860 $541,500 $70,900 $470,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21705197

MIBOR Broker Listing Cooperative®

APN: 06-08-32-000-004.006-005