NOT LISTED FOR SALE

7703 Centerstone Dr Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $715,000 - $787,000

5 Beds
4.5 Baths
4,206 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $675,000 $160 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,646/month

195 Days on Market

Highlights

  • Craftsman Architecture
  • Home Energy Rating Service (HERS) Rated Property
  • Double Oven
  • Franklin Central High School Rated A-
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of February 2023

Introducing the Layton Floorplan on the last remaining homesite in Franklin Township. This home has soaring 10’ ceilings on 1st floor w/ 8’ doors & 9’ ceilings on 2nd floor. 1st flr guest suite w/ private bath & walk-in closet. Covered porch entertainment area! 2nd floor offers a j&j bath w/ a private bath for bedroom 2. The master bathroom features a super shower with beautiful tiled floor and walls. Large bonus room for family activities. The gourmet kitchen with tall cabinets, gas cooktop and stainless steel appliances would make the chef of any family happy. Large walk in pantry, boot bench, huge coat closet off the garage. Dream of finishing your full basement with rough in bath & 9’ ceilings. Close by the end of February!

Last Agent to Sell the Property

Chris Schrader

Drees Home License #RB14034873 Listed on: 06/27/2022

Last Buyer's Agent

Joel Clausen

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 2022

Lot Details

  • 0.35

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Smart Thermostat
  • Carbon Monoxide Detectors

Utilities

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

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Covered Patio or Porch
  • 0.35 Acre Lot

Community Details

  • Association fees include insurance, maintenance
  • Ironstone Subdivision
  • Property managed by Mark Hansen
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 491618125021012300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,910

Year Built

Built in 2022

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, TraditonalAmerican
  • Builder Name: Drees Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2022
  • Year Built: 2022
  • Building Area Total: 5838
  • Garage Y N: Yes
  • Lot Size Acres: 0.35
  • Subdivision Name: Ironstone
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • MBR_AttributionContact: cschrader@dreeshomes.com
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: Full, Roughed In, Unfinished
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Double Oven, Oven, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 233
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Tray Ceiling(s), Walk-in Closet(s), Entrance Foyer, Center Island, Pantry
  • Living Area: 4206
  • Main Level Bedrooms: 1
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 2109
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 699900
  • Patio And Porch Features: Covered Porch
  • Construction Stage: Make Interior Selections

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 794

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Mark Hansen
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 15030
  • Parcel Number: 491618125021012300
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1928571.42857143

Green Features

  • Green Building Verification Type: HERS Index Score
  • Green Certification Y N: No
  • Smart Home Features: Thermostat - WiFi

Tax Info

  • Tax Lot: 72
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Feb 17, 2023
Sold by
Drees Homes
Bought by
Reiff Christopher Lucas and Reiff Margaret Ann
Seller's Agent
Chris Schrader
Drees Home
Buyer's Agent
Joel Clausen
Keller Williams Indy Metro S
List Price
$724,900
Sold Price
$675,000
Premium/Discount to List
-$49,900
-6.88%
Views
31
Current Estimated Value
$755,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,380
Avg. Annual Appreciation
3.18%
Original Mortgage
$631,250
Outstanding Balance
$615,533
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$114,721

Purchase Details

Closed on
Feb 9, 2022
Sold by
Capstone Land Development Llc
Bought by
Drees Premier Homes Inc

Purchase Details

Closed on
Jan 28, 2022
Sold by
Capstone Land Development Llc
Bought by
Drees Premier Homes 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
Reiff Christopher Lucas $675,000 First American Title
Drees Premier Homes Inc -- Hall Render Killian Heath & Ly
Drees Premier Homes Inc $73,000 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiff Christopher Lucas $631,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $675,000 -3.6% $160 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
10/28/2022 10/28/22 Price Changed $699,900 -3.4% $166 / Sq Ft
06/27/2022 06/27/22 For Sale $724,900 -- $172 / 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 $5,910 $702,400 $102,300 $600,100
2023 $5,910 $580,400 $102,300 $478,100
2022 $14 $538,800 $102,300 $436,500
2021 $15 $500 $500 $0
2020 $12 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Schrader

    Seller's Agent in 2023

    Chris Schrader

    Drees Home

    (317) 557-4305

    5 in this area

    310 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Joel Clausen

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21864158

MIBOR Broker Listing Cooperative®

APN: 49-16-18-125-021.012-300

Indiana Marion County Indianapolis 46259 South Franklin

7703 Centerstone Dr, Indianapolis, IN

This home is located at 7703 Centerstone Dr, Indianapolis, IN 46259 since 27 June 2022 and is currently estimated at $747,397, approximately $177 per square foot. This property was built in 2022. 7703 Centerstone Dr is a home located in Marion County with nearby schools including Franklin Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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