NOT LISTED FOR SALE

7764 S Indian Ridge Dr Trafalgar, IN 46181

Estimated Value: $339,000 - $494,000

3 Beds
2.5 Baths
1,976 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $425,000 $215 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,638/month

81 Days on Market

Highlights

  • Private Beach
  • Contemporary Architecture
  • Lake, Pond or Stream
  • Access To Lake
  • Living Room with Fireplace
  • Partially Wooded Lot

About This Home

As of February 2024

Rare Opportunity To Own A Newly Remodeled Full Brick Home With Finished Walk Out Basement! Large 1+ Acre Wooded Lot. One Level Home With Fully Finished Walkout Lower Level. This 3 Bedroom, 2.5 Bath Features an Open Concept On Both Levels Making This Home Great For Hosting & ENJOYING all that Lamb Lake has to offer. Whether You Are Looking For A Full- Time Residence Or A Weekend Home This Home Checks All The Boxes For Low Maintenance Living! White, Bright and Airy Is A Perfect Description Of This Minimalistic Home! Home has just been through EXTENSIVE remodel. All new Kitchen, Baths, Walls removed to Open Up, New Paint In & Out, New Lighting, Flooring, all New Doors & Trim, New Appliances & Counters!

Last Agent to Sell the Property

Tanya Smythe

Smythe & Co Real Estate Listed on: 10/19/2023

Last Buyer's Agent

Michelle Chandler

Keller Williams - Indy Metro South LLC

Keller Williams - Indy Metro South LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1970

Lot Details

  • 1.14 Acre Lot
  • Private Beach
  • Rural Setting
  • Corner Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Walk-Out Ranch
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream

Schools

  • Indian Creek Elementary And Middle School
  • Indian Creek High School

Utilities

  • Central Air
  • Septic System

Community Details

  • Waterfront Owned by Association

Listing and Financial Details

  • Assessor Parcel Number 41-10-27-043-003.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1970
  • Age: 54
  • Architectural Style: Contemporary, Ranch, Walkout Ranch
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: LAMBS LAKE EST 2ND SEC LOT 35
  • Parcel Number ID: 41-10-27-043-003.000-015
  • Platted: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 89.47
  • Year Taxes Payable: 2022
  • Special Features: None

Interior Features

  • Total Sq Ft: 1976
  • Total Finished Sq Ft: 1976
  • Above Grade Finished Sq Ft: 988
  • Below Grade Finished Sq Ft: 988
  • Price Per Sq Ft: 430.16
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Brick
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 24x18, On Level: Main
  • Family Room: Dimensions: 24x24, On Level: Basement
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 988

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None
  • Lake Type: Access to Ski Lake
  • Water Features: Private Beach, Walk to Lake Access, Assoc

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: REMC
  • Water Type: Lake

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Other Fee Description: HOA Fees
  • Other Fees Dollar: 1000

Schools

  • School District: Nineveh-Hensley-Jackson United
  • Elementary School: Indian Creek
  • Middle School: Indian Creek
  • High School: Indian Creek
  • Elementary School: Indian Creek

Lot Info

  • Lot Description: Corner, Partially Wooded, Rolling, 0-2.9999
  • Lot Dimensions: 43,560 SF
  • Estimated Lot Sq Ft: 49489
  • Estimated Lot Size Acres: 1.1361
  • Lot Number: 35

Tax Info

  • Annual Taxes: 1200

MLS Schools

  • High School: Indian Creek
  • Middle School: Indian Creek
  • School District: Nineveh-Hensley-Jackson United

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Feb 8, 2024
Sold by
Turner Ethan W and Turner Tana L
Bought by
Taylor Chadwick E and Taylor Karen S
Seller's Agent
Tanya Smythe
Smythe & Co Real Estate
Buyer's Agent
Michelle Chandler
Keller Williams - Indy Metro South LLC
List Price
$499,900
Sold Price
$425,000
Premium/Discount to List
-$74,900
-14.98%
Views
158
Current Estimated Value
$449,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,793
Avg. Annual Appreciation
3.68%
Original Mortgage
$225,000
Outstanding Balance
$221,243
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$228,550

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 30, 2021
Sold by
Mcpeak Patricia S and Mcpeak Dale
Bought by
Turner Ethan W and Smythe Tana L
Seller's Agent
Ron Rose
Indiana Realty Pros, Inc.
Buyer's Agent
Tanya Smythe
Smythe & Co, Inc
List Price
$380,000
Sold Price
$318,000
Premium/Discount to List
-$62,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$302,100
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Mcpeak Patricia
Bought by
Mcpeak Patricia and Mcpeak Dale
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
Taylor Chadwick E -- Alliance Title
Turner Ethan W -- None Available
Mcpeak Patricia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Chadwick E $28,000
Open Taylor Chadwick E $225,000
Previous Owner Turner Ethan W $302,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $425,000 0.0% $215 / Sq Ft
02/09/2024 02/09/24 Sold $425,000 -6.6% $215 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/06/2024 01/06/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $455,000 -4.2% $230 / Sq Ft
12/18/2023 12/18/23 Price Changed $475,000 0.0% $240 / Sq Ft
12/14/2023 12/14/23 Price Changed $475,000 -2.1% $240 / Sq Ft
10/27/2023 10/27/23 Price Changed $485,000 0.0% $245 / Sq Ft
10/25/2023 10/25/23 Price Changed $485,000 -3.0% $245 / Sq Ft
10/19/2023 10/19/23 For Sale $499,900 0.0% $253 / Sq Ft
10/11/2023 10/11/23 Price Changed $499,900 -1.8% $253 / Sq Ft
09/27/2023 09/27/23 Price Changed $509,000 -2.1% $258 / Sq Ft
09/14/2023 09/14/23 Price Changed $519,900 -3.5% $263 / Sq Ft
08/27/2023 08/27/23 Price Changed $539,000 -2.0% $273 / Sq Ft
08/16/2023 08/16/23 Price Changed $549,900 -0.9% $278 / Sq Ft
07/19/2023 07/19/23 Price Changed $554,900 -5.1% $281 / Sq Ft
07/10/2023 07/10/23 Price Changed $585,000 -2.5% $296 / Sq Ft
06/19/2023 06/19/23 Price Changed $599,900 -4.6% $304 / Sq Ft
06/09/2023 06/09/23 For Sale $629,000 +97.8% $318 / Sq Ft
08/30/2021 08/30/21 Sold $318,000 0.0% $322 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 Off Market $318,000 -- --
06/30/2021 06/30/21 For Sale $380,000 -- $385 / Sq Ft
Source: Indiana Regional MLS

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
2025 $2,481 $387,100 $93,500 $293,600
2024 $2,481 $322,000 $93,500 $228,500
2023 $1,956 $270,600 $93,500 $177,100
2022 $1,994 $259,700 $93,500 $166,200
2021 $1,321 $189,100 $64,400 $124,700
2020 $1,269 $191,700 $64,400 $127,300
2019 $1,250 $191,700 $64,400 $127,300
2018 $1,189 $185,000 $64,400 $120,600
2017 $1,197 $183,300 $64,400 $118,900
2016 $1,121 $183,000 $64,400 $118,600
2014 $974 $172,700 $64,400 $108,300
2013 $974 $168,900 $65,900 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202338391

Indiana Regional MLS

APN: 41-10-27-043-003.000-015