NOT LISTED FOR SALE

7818 Cedarbrook Dr Indianapolis, IN 46227

Estimated Value: $231,000 - $288,000

3 Beds
2 Baths
1,505 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $105,000 $70 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,553/month

10 Days on Market

Highlights

  • Ranch Style House
  • Family or Dining Combination
  • Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

HUD home sellling as-is. Must see this ranch with sunroom, separage living and family areas, updated kitchen, just needs a little carpet and paint to be perfect, best deal in area!!

Last Agent to Sell the Property

Kurt Clements

Diverse Property Solutions Ind License #RB14026683 Listed on: 02/23/2014

Last Buyer's Agent

Johnny Kap

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1969

Lot Details

  • 0.29 Acre Lot

Parking

  • Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,505 Sq Ft Home
  • Family or Dining Combination
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Southridge Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491517138011000513

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1969
  • Garage Y N: Yes
  • Lot Size Acres: 0.29
  • Subdivision Name: SOUTHRIDGE VILLAGE
  • Inspection Warranties: General
  • Property Description: HUD home sellling as-is. Must see this ranch with sunroom, separage living and family areas, updated kitchen, just needs a little carpet and paint to be perfect, best deal in area!!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Living Area: 1505
  • Other Equipment: Not Applicable
  • Room Count: 7
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1505
  • Main Level Sq Ft: 1505
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Main Level
  • Total Sq Ft: 1505
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: HUD-Owned
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491517138011000513
  • Acres: 1/4-1/2 Acre
  • Lot Number: 210
  • Lot Size: 0.29 AC

Tax Info

  • Tax Annual Amount: 1202
  • Semi Annual Property Tax Amt: 601
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2014
Closed on
May 9, 2014
Sold by
Sec Of Housing & Urban Development
Bought by
Hei Rai
Seller's Agent
Kurt Clements
Diverse Property Solutions Ind
Buyer's Agent
Johnny Kap
Keller Williams Indy Metro S
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%
Current Estimated Value
$252,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,891
Avg. Annual Appreciation
7.86%
Original Mortgage
$96,637
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 23, 2014
Closed on
May 5, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Hei Rai
Seller's Agent
Kurt Clements
Diverse Property Solutions Ind
Buyer's Agent
Johnny Kap
Keller Williams Indy Metro S
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,637
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2014
Sold by
U S Bank National Association
Bought by
The Sec Of Hud

Purchase Details

Closed on
Aug 13, 2013
Sold by
Layton John R
Bought by
Us Bank National Business

Purchase Details

Closed on
Mar 28, 2008
Sold by
Scheib Carl R
Bought by
Cornwell Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,022
Interest Rate
6.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hei Rai $105,000 Chicago Title
Hei Rai -- Chicago Title Company Llc
The Sec Of Hud $124,129 Foutty & Foutty Llp
Secretary Of Housing & Urban Development -- None Available
Us Bank National Business $124,100 --
Cornwell Dawn -- Fat
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hei Rai $96,637
Previous Owner Cornwell Dawn $103,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $105,000 +10.5% $70 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $95,000 -- $63 / 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 $2,735 $218,200 $25,700 $192,500
2023 $2,735 $208,200 $25,700 $182,500
2022 $2,541 $190,100 $25,700 $164,400
2021 $2,119 $157,600 $25,700 $131,900
2020 $1,856 $138,400 $25,700 $112,700
2019 $1,824 $136,000 $21,400 $114,600
2018 $1,605 $122,200 $21,400 $100,800
2017 $1,580 $120,700 $21,400 $99,300
2016 $1,325 $112,200 $21,400 $90,800
2014 $1,260 $114,700 $21,400 $93,300
2013 $1,203 $116,500 $21,400 $95,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kurt Clements

    Diverse Property Solutions Ind

    (888) 660-9202

    542 Total Sales

    Kurt Clements
    Section Image

  • J

    Buyer's Agent in 2014

    Johnny Kap

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21276035

MIBOR Broker Listing Cooperative®

APN: 49-15-17-138-011.000-513

Indiana Marion County Indianapolis 46227

7818 Cedarbrook Dr, Indianapolis, IN

Not Listed for Sale

Detached

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