NOT LISTED FOR SALE

7721 Inverness Dr Indianapolis, IN 46237

South Franklin Neighborhood

Estimated Value: $227,043 - $233,000

3 Beds
2 Baths
1,328 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $151,500 $114 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Patio
  • Franklin Central High School Rated A-
  • Walk-In Closet
  • Programmable Thermostat

About This Home

As of March 2021

This great ranch is in Popular Muirfield off Southport and Combs Rd. Home features lovely laminate flooring, open living room and kitchen space and a large fenced yard with a great deck and storage barn. Pets Negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $30 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp

Last Agent to Rent the Property

Jeremy Tallman

T&H Realty Services, Inc. License #RB14034385 Listed on: 12/29/2020

T&H Realty Services, Inc.

Co-Listed By

Claire Holdsworth

Dropped Members License #RB14045618

Last Renter's Agent

Jeremy Tallman

T&H Realty Services, Inc. License #RB14034385 Listed on: 12/29/2020

T&H Realty Services, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.31

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Rustic Architecture
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,328 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat

Additional Features

  • Patio
  • 0.31 Acre Lot

Community Details

  • Muirfield Subdivision

Listing and Financial Details

  • Security Deposit $1,350
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Assessor Parcel Number 491514101015000300

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Lease Price: 1350.00
  • Min Lease Req: 12
  • Security Deposit: 1350
  • Smoking: 0
  • Application Fee: 65.00

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Rustic
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1978
  • Co List Office Phone: 317-255-7767
  • Garage Y N: Yes
  • Lot Size Acres: 0.3053
  • Subdivision Name: MUIRFIELD
  • Inspection Warranties: Not Applicable
  • Property Description: This great ranch is in Popular Muirfield off Southport and Combs Rd. Home features lovely laminate flooring, open living room and kitchen space and a large fenced yard with a great deck and storage barn. Pets Negotiable! Note: In addition to the monthly rent, Tenant will pay an additional $30 each month for a Tenant Benefits Package. Details can be found here: www.threaltyinc.com/tbp
  • Transaction Type: Lease
  • Website: www.threaltyinc.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access, Walk-in Closet(s)
  • Living Area: 1328
  • Other Equipment: Smoke Detector, Programmable Thermostat
  • Owner Pays: No Utilities
  • Room Count: 7
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1328
  • Main Level Sq Ft: 1328
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,TubFull with Shower
  • Total Sq Ft: 1328

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter, Slab
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491514101015000300
  • Acres: 1/4-1/2 Acre
  • Lot Information: Curbs,Sidewalks,Street Lights
  • Lot Number: 136
  • Lot Size: 13,299

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1138
  • Semi Annual Property Tax Amt: 569
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Penner Douglas
Bought by
Inverness Properties Llc
Current Estimated Value
$230,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Outstanding Balance
$113,398
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,863

Purchase Details

Closed on
Jun 18, 2021
Sold by
Penner Douglas
Bought by
Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Outstanding Balance
$113,398
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,863

Purchase Details

Closed on
May 28, 2021
Sold by
Inverness Properties Llc
Bought by
Penner Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Outstanding Balance
$113,398
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,863

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 3, 2020
Sold by
Hooker Lowell T
Bought by
Inverness Properties Llc
Seller's Agent
Jeremy Hall
Dropped Members
Buyer's Agent
Devon Hicks
T&H Realty Services, Inc.
List Price
$147,500
Sold Price
$151,500
Premium/Discount to List
$4,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 1, 2020
Sold by
Hooker Lowell T
Bought by
Inverness Properties Llc
Seller's Agent
Jeremy Hall
Dropped Members
Buyer's Agent
Devon Hicks
T&H Realty Services, Inc.
List Price
$147,500
Sold Price
$151,500
Premium/Discount to List
$4,000
2.71%
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
Inverness Properties Llc -- None Listed On Document
Investments Properties Llc -- None Available
Penner Douglas -- Security Title
Inverness Properties Llc -- Fidelity National Title
Inverness Properties Llc $151,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penner Douglas $125,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Rented $1,385 +2.6% --
03/10/2021 03/10/21 Under Contract -- -- --
02/15/2021 02/15/21 For Rent $1,350 0.0% --
02/04/2021 02/04/21 Under Contract -- -- --
01/14/2021 01/14/21 Price Changed $1,350 -3.6% $1 / Sq Ft
12/29/2020 12/29/20 For Rent $1,400 0.0% --
12/01/2020 12/01/20 Sold $151,500 +2.7% $114 / Sq Ft View Prior Sale
11/05/2020 11/05/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $147,500 -- $111 / 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 $3,334 $182,100 $28,900 $153,200
2023 $3,334 $162,300 $28,900 $133,400
2022 $3,333 $162,300 $28,900 $133,400
2021 $2,923 $141,900 $28,900 $113,000
2020 $1,452 $136,800 $28,900 $107,900
2019 $1,219 $113,600 $20,000 $93,600
2018 $1,142 $106,100 $20,000 $86,100
2017 $1,029 $97,800 $20,000 $77,800
2016 $1,055 $97,800 $20,000 $77,800
2014 $933 $92,300 $20,000 $72,300
2013 $716 $85,500 $20,000 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Tallman

    Landlord's Agent in 2021

    Jeremy Tallman

    T&H Realty Services, Inc.

    (317) 442-3010

    2 Total Sales

    Jeremy Tallman
    Section Image

  • C

    Landlord's Co-Listing Agent in 2021

    Claire Holdsworth

    Dropped Members

    Section Image

  • J

    Seller's Agent in 2020

    Jeremy Hall

    Dropped Members

    Section Image

  • D

    Buyer's Agent in 2020

    Devon Hicks

    T&H Realty Services, Inc.

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21758656

MIBOR Broker Listing Cooperative®

APN: 49-15-14-101-015.000-300

Indiana Marion County Indianapolis 46237 South Franklin

7721 Inverness Dr, Indianapolis, IN

This home is located at 7721 Inverness Dr, Indianapolis, IN 46237 since 29 December 2020 and is currently priced at $230,261. This property was built in 1978. 7721 Inverness Dr is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Southport Presbyterian Christian 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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