NOT LISTED FOR SALE

7647 Lancer Ln Indianapolis, IN 46226

Estimated Value: $189,972 - $198,000

2 Beds
2 Baths
1,413 Sq Ft
$315/ mo HOA Fee

Last Sold April 21, 2022

Last sale price $165,000 $117 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,473/month

8 Days on Market

Highlights

  • Clubhouse
  • End Unit
  • 2 Car Attached Garage
  • Ranch Style House
  • Community Pool
  • Storm Windows

About This Home

As of April 2022

Move-In Ready, Updated “ranch-style” Condo includes 2 LRG BRs & 2FBs + Living, Dining, Family Rms & Eat-in Kitchen + 2 private patios. MBR complete w/3-piece en-suite. Many closets for plenty storage including 2 WICs. Beautiful updates & upgrades throughout: 2022-all new carpet & LVP, ceiling fans, some lighting & fresh paint. 2021-garbage disposal, 2020-HVAC, 2018-windows & doors, H2O heater & Softener. 2017-Updated Bathrooms. 2016-Kitchen updated w/new appliances & cabinets, countertops, sink, lighting. Appliances Stay. HOA fee includes Water, Sewer, Trash, Snow, Outside Care, Clubhouse, Pool etc. Easy Access to Interstate, Downtown, Fall Creek & Castleton. Neutral Palette waiting for your Personalization! Absolutely Must see!

Last Agent to Sell the Property

Andrea Derrer

Marten Realty Group Listed on: 03/17/2022

Last Buyer's Agent

Tyler Hilton

Good Living Indy, LLC License #RB14051989

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $858

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • 1 Common Wall
  • Privacy Fence

HOA Fees

  • $315 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

  • 1,413 Sq Ft Home
  • Vinyl Clad Windows
  • Window Screens
  • Security System Owned

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490712102007000407

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$858

Year Built

Built in 1974

Lot Details

1,307 Sq Ft Lot

HOA Fees

$315 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: 1413
  • Garage Y N: Yes
  • Lot Size Acres: 0.03
  • Subdivision Name: THE ARBORS HORIZONTAL PROPERTY REGIME
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Laundry Connection in Unit, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Walk-in Closet(s), Screens Complete, Storms Some, Windows Vinyl
  • Other Equipment: Security Alarm Paid, Smoke Detector, Programmable Thermostat
  • Areas Interior: Foyer Small,Living Room Formal,Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1413
  • Main Level Sq Ft: 1413
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Suite,See Remarks
  • Kitchen Features: Kitchen Eat In,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Keyless Entry

Utilities

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

Condo/Co-op/Association

  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Management Company Name: KIRKPATRICK
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: End Unit
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Pool, Management, Snow Removal, Sewer

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490712102007000407
  • Acres: <1/4 Acre
  • Lot Information: Corner,Street Lights,Tree Mature,Trees Small
  • Lot Number: 4019400
  • Lot Size: 1,307

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 858
  • Semi Annual Property Tax Amt: 429
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 19, 2022
Sold by
Grisko Bonita M
Bought by
Hilton Abbie
Seller's Agent
Andrea Derrer
Marten Realty Group
Buyer's Agent
Tyler Hilton
Good Living Indy, LLC
List Price
$144,000
Sold Price
$165,000
Premium/Discount to List
$21,000
14.58%
Current Estimated Value
$193,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,243
Avg. Annual Appreciation
4.12%
Original Mortgage
$144,400
Outstanding Balance
$134,336
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$58,907
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hilton Abbie $165,000 Medley Leroy D
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilton Abbie $144,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold $165,000 +14.6% $117 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $144,000 -- $102 / 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 $1,823 $184,900 $19,900 $165,000
2024 $1,748 $168,900 $19,900 $149,000
2023 $1,748 $158,700 $19,800 $138,900
2022 $1,171 $116,900 $19,600 $97,300
2021 $1,170 $107,300 $19,500 $87,800
2020 $925 $92,400 $19,300 $73,100
2019 $805 $90,500 $19,200 $71,300
2018 $781 $88,200 $19,200 $69,000
2017 $538 $70,700 $19,000 $51,700
2016 $519 $68,400 $18,900 $49,500
2014 $920 $102,600 $19,300 $83,300
2013 $904 $102,600 $19,300 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21842896

MIBOR Broker Listing Cooperative®

APN: 49-07-12-102-007.000-407

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