NOT LISTED FOR SALE

7641 Lancer Ln Indianapolis, IN 46226

Estimated Value: $176,225 - $221,000

2 Beds
2 Baths
1,177 Sq Ft
$316/ mo HOA Fee

Last Sold December 30, 2022

Last sale price $160,000 $136 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,432/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Woodwork
  • Ranch Style House
  • 2 Car Attached Garage
  • Handicap Accessible

About This Home

As of December 2022

Low-maintenance living & prime location describe this amazing home in The Arbors. This lovely home features 2 beds, 2 baths and 1,177 sq ft of living space. This ranch-condo features open floorplan, soaring ceilings, & many updated touches. The kitchen comes equipped w/ stainless steel appliances, white cabinets, & open window to the dining and family room. The cozy master suite features peaceful colors, his/her closets, & ensuite with luxury vinyl plank flooring along w/ hook-up for another vanity! During the summer, enjoy entertaining in the private backyard or at the community pool. Located minutes from direct access to 465 to get downtown or to the Northside. It is the perfect spot with many local eats & shopping nearby! Welcome Home!

Last Agent to Sell the Property

Staci Woods

Keller Williams Indy Metro NE Listed on: 12/01/2022

Keller Williams Indy Metro NE

Co-Listed By

Nate Woods

Keller Williams Indy Metro NE

Last Buyer's Agent

Jeff Weightman

Weightman Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls
  • Property is Fully Fenced

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,177 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Window Screens
  • Family or Dining Combination
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Accessible Home Design

  • Handicap Accessible

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490712102038000407

Community Details

Overview

  • Association fees include clubhouse, insurance, lawncare, maintenance structure, maintenance, pool, management, snow removal, trash, sewer
  • The Arbors Horizontal Property Regime Subdivision
  • Property managed by Kirkpatrick Mgmt
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,226

Year Built

Built in 1974

Lot Details

1,307 Sq Ft Lot

HOA Fees

$316 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1974
  • Building Area Total: 1177
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Subdivision Name: THE ARBORS HORIZONTAL PROPERTY REGIME
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • MBR_AttributionContact: staci.woods@kw.com
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Pull Down Stairs, Raised Ceiling(s), Handicap Accessible Interior, Screens Some, Windows Vinyl, Wood Work Painted
  • Other Equipment: Smoke Detector, Programmable Thermostat
  • Areas Interior: Foyer Small,Laundry Closet
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1177
  • Main Level Sq Ft: 1177
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Suite,TubFull with Shower
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Complete, Pool Community
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 316
  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick Mgmt
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Lawncare, Maintenance Structure, Maintenance, Pool, Management, Snow Removal, Trash, Sewer

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490712102038000407
  • Acres: CndHPRCoop
  • Lot Information: Curbs,Sidewalks,Trees Small
  • Lot Number: 1/57
  • Lot Size: 1,307

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1226
  • Semi Annual Property Tax Amt: 613
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Dec 28, 2022
Sold by
Guarneri Elizabeth J
Bought by
Elrod Glen L
Seller's Agent
Staci Woods
Keller Williams Indy Metro NE
Buyer's Agent
Jeff Weightman
Weightman Realty Group, LLC
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
17
Current Estimated Value
$188,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,806
Avg. Annual Appreciation
5.29%
Original Mortgage
$70,000
Outstanding Balance
$67,376
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$121,430

Purchase Details

Listed on
Dec 18, 2018
Closed on
Jan 25, 2019
Sold by
Indy Assets Llc
Bought by
Guarneri Elizabeth J
Seller's Agent
Kimberly Gubler
Imperial Realty, LLC
Buyer's Agent
Staci Woods
Keller Williams Indy Metro NE
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$90,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Cleaves Santras A

Purchase Details

Closed on
Oct 2, 2018
Sold by
Cleaves Santras A
Bought by
Indy Assets Llc
Source: Public Records
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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
Elrod Glen L $160,000 Chicago Title
Guarneri Elizabeth J $95,000 Chicago Title Company,Llc
-- $43,000 --
Indy Assets Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elrod Glen L $70,000
Previous Owner Guarneri Elizabeth J $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $160,000 +6.7% $136 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $150,000 +57.9% $127 / Sq Ft
01/25/2019 01/25/19 Sold $95,000 0.0% $81 / Sq Ft View Prior Sale
12/21/2018 12/21/18 Pending -- -- --
12/18/2018 12/18/18 For Sale $95,000 -- $81 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,608 $159,300 $19,900 $139,400
2024 $1,456 $149,500 $19,900 $129,600
2023 $1,456 $140,600 $19,800 $120,800
2022 $1,223 $121,200 $19,600 $101,600
2021 $1,225 $111,400 $19,500 $91,900
2020 $972 $95,900 $19,300 $76,600
2019 $667 $83,000 $19,200 $63,800
2018 $47 $81,000 $19,200 $61,800
2017 $45 $65,300 $19,000 $46,300
2016 $43 $63,200 $18,900 $44,300
2014 $92 $93,800 $19,300 $74,500
2013 $94 $93,800 $19,300 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21895063

MIBOR Broker Listing Cooperative®

APN: 49-07-12-102-038.000-407

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