NOT LISTED FOR SALE

7711 S Sherman Dr Indianapolis, IN 46237

South Perry Neighborhood

Estimated Value: $271,000 - $284,000

3 Beds
2 Baths
2,262 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $160,000 $71 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,820/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of May 2017

Once a model home in 1960, this charmer has many original bells & whistles mixed w/a modern flair to make it one of a kind! Orig. hardwoods throughout, marble & tile flooring, renovated kitchen w/granite counters & custom backsplash. Two full Bathrooms remodeled w/updated lighting, tile floors & custom tile shower upstairs. Basement feat. hand-scraped laminate floors, & corner fireplace w/plenty of space to entertain. 3 nice sized bedrooms, large fenced in yard & custom deck! Great Location!

Last Agent to Sell the Property

Kimberly Lyon

Hoosier, REALTORS® License #RB15000743 Listed on: 04/24/2017

Last Buyer's Agent

Jess Martin

Maywright Property Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1960

Lot Details

  • 0.44 Acre Lot

Parking

  • Garage

Interior Spaces

  • Multi-Level Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491516118005000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level,TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1960
  • Garage Y N: Yes
  • Lot Size Acres: 0.44
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Once a model home in 1960, this charmer has many original bells & whistles mixed w/a modern flair to make it one of a kind! Orig. hardwoods throughout, marble & tile flooring, renovated kitchen w/granite counters & custom backsplash. Two full Bathrooms remodeled w/updated lighting, tile floors & custom tile shower upstairs. Basement feat. hand-scraped laminate floors, & corner fireplace w/plenty of space to entertain. 3 nice sized bedrooms, large fenced in yard & custom deck! Great Location!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished,Daylight/Lookout Windows
  • Appliances: Dishwasher,Dryer,Disposal,MicroHood,Electric Oven,Refrigerator,Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement,Family Room,Gas Log
  • Fireplaces: 1
  • Interior Amenities: Screens Some,Wood Work Painted
  • Living Area: 2262
  • Other Equipment: Smoke Detector,Sump Pump
  • Room Count: 7
  • Areas Interior: Foyer Small,Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Dining Combo/Living Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1716
  • Main Level Sq Ft: 1170
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2262
  • Below Grade Sq Ft: 546
  • Upper Level Sq Ft: 546
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick,Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Driveway Gravel,Fence Full Rear,Fire Pit
  • Foundation Details: Crawl Space,Slab
  • List Price: 165000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Porch Open

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491516118005000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Not In Subdivision,Tree Mature,Wooded
  • Lot Number: 0
  • Lot Size: 100x195

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1420
  • Semi Annual Property Tax Amt: 710
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township
  • Schools: Southport High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 28, 2017
Sold by
Ashley Ashley J and Ashley Morelock Reuter, Fka Morelock
Bought by
Kazak Ivan
Seller's Agent
Kimberly Lyon
Hoosier, REALTORS®
Buyer's Agent
Jess Martin
Maywright Property Co.
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$281,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,294
Avg. Annual Appreciation
6.98%
Original Mortgage
$152,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 20, 2014
Sold by
Mina Dominic James
Bought by
Morelock Ashley J
Seller's Agent
Hazel Cooper
Crossroads Real Estate Group LLC
Buyer's Agent
Jill Dixon
RE/MAX Realty Group
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$121,125
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Heid Vincent G and Heid Dana J
Bought by
Mina Dominic James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,777
Interest Rate
4.3%
Mortgage Type
FHA
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
Kazak Ivan $160,000 --
Kazak Ivan $160,000 Security Title Services
Morelock Ashley J $127,500 Quality Title Insurance Inc
Morelock Ashley J -- None Available
Mina Dominic James -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazak Ivan $144,000
Closed Kazak Ivan $152,000
Previous Owner Morelock Ashley J $121,125
Previous Owner Mina Dominic James $90,777
Previous Owner Heid Vincent G $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $160,000 -3.0% $71 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $165,000 +3.1% $73 / Sq Ft
04/28/2017 04/28/17 Off Market $160,000 -- --
04/23/2017 04/23/17 For Sale $165,000 +29.4% $73 / Sq Ft
06/26/2014 06/26/14 Sold $127,500 -1.8% $70 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $129,900 -- $72 / 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 $3,365 $265,800 $16,200 $249,600
2023 $3,365 $257,600 $16,200 $241,400
2022 $3,096 $232,800 $16,200 $216,600
2021 $2,550 $190,400 $16,200 $174,200
2020 $2,506 $186,400 $16,200 $170,200
2019 $2,323 $172,500 $14,600 $157,900
2018 $2,221 $166,900 $14,600 $152,300
2017 $1,745 $133,400 $14,600 $118,800
2016 $1,620 $126,000 $14,600 $111,400
2014 $1,255 $117,900 $14,600 $103,300
2013 $1,202 $110,600 $14,600 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Lyon

    Seller's Agent in 2017

    Kimberly Lyon

    Hoosier, REALTORS®

    (317) 488-9697

    54 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jess Martin

    Maywright Property Co.

    Section Image
  • Hazel Cooper

    Seller's Agent in 2014

    Hazel Cooper

    Crossroads Real Estate Group LLC

    (317) 294-2699

    4 in this area

    83 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    Jill Dixon

    RE/MAX

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21480321

MIBOR Broker Listing Cooperative®

APN: 49-15-16-118-005.000-500

Indiana Marion County Indianapolis 46227 South Perry

7711 S Sherman Dr, Indianapolis, IN

This home is located at 7711 S Sherman Dr, Indianapolis, IN 46237 since 24 April 2017 and is currently estimated at $278,260, approximately $123 per square foot. This property was built in 1960. 7711 S Sherman Dr is a home located in Marion County with nearby schools including Mary Bryan Elementary School, Southport 6th Grade Academy, and Southport Middle 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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