NOT LISTED FOR SALE

7831 Farina Way Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $320,000 - $369,000

2 Beds
2 Baths
2,312 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $325,000 $141 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,142/month

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Franklin Central High School Rated A-
  • Thermal Windows
  • Eat-In Kitchen

About This Home

As of April 2023

This is a stand alone home located in a 55 year & older adult community offering lawn care & snow removal. The oversize 2 car garage has a separate 13x8 heated & cooled room for storage or craft area & there is a pull down stair to attic for additional storage. The primary bedroom is complete with a private bath with a step in shower, double sink vanity & a linen closet plus extra storage cabinets. 2nd bedroom located off 2nd full bath. The den/office is right off main living area that is open to eating area & kitchen. Kitchen includes all appliance & separate laundry room includes washer & dryer. The 16' sunroom overlooks deck with a view of nature, no homes behind this property.

Last Agent to Sell the Property

Mike Duncan

Mike Duncan Real Estate Group License #RB14027252 Listed on: 03/25/2023

Last Buyer's Agent

The Halcomb Group

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,312 Sq Ft Home
  • Woodwork
  • Paddle Fans
  • Thermal Windows
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Halls are 36 inches wide or more
  • Handicap Accessible
  • Accessibility Features
  • Accessible Entrance

Schools

  • Franklin Central Junior High

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • Association fees include lawncare, snow removal
  • Association Phone (317) 372-9374
  • Bentley Commons Subdivision
  • Property managed by Bentley Commons

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 491524117066000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,538

Year Built

Built in 2004

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Hallway - 36 Inch Wide, Accessible Entrance, Accessible Full Bath
  • Tax Year: 2022
  • Year Built: 2004
  • Building Area Total: 2312
  • Garage Y N: Yes
  • Lot Size Acres: 0.26
  • Subdivision Name: Bentley Commons
  • Transaction Type: Sale
  • Website: www.homesbymikeduncan.com
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: mike@duncansemail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Pull Down Stairs, Bath Sinks Double Main, Paddle Fan, Handicap Accessible Interior, Eat-in Kitchen, Windows Thermal, Wood Work Stained
  • Living Area: 2312
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen,Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2312
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sprinkler System
  • Foundation Details: Slab
  • List Price: 314900
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Heated, Storage, Workshop in Garage
  • Garage Parking Other: Finished Garage,Garage Door Opener
  • Garage Sq Ft: 636

Utilities

  • Cooling: Central Electric
  • Heating: Electric, Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association Phone: 317-372-9374
  • Association YN: Yes
  • Community Features: Street Lights
  • Management Company Name: Bentley Commons
  • H O A Disclosures: 55+ Community,Covenants & Restrictions

Fee Information

  • Association Fee Includes: Lawncare, Snow Removal

Schools

  • Middle Or Junior School: Franklin Central Junior High

Lot Info

  • Lot Features: Curbs, Sidewalks, Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 11457
  • Parcel Number: 491524117066000300
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1250000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2538
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 1269
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Apr 6, 2023
Sold by
Watson Barbara J
Bought by
Mcatee Carole
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
The Halcomb Group
Keller Williams Indy Metro S
List Price
$314,900
Sold Price
$325,000
Premium/Discount to List
$10,100
3.21%
Views
40
Current Estimated Value
$341,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,520
Avg. Annual Appreciation
2.30%
Original Mortgage
$140,000
Outstanding Balance
$136,854
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$206,233

Purchase Details

Closed on
Jan 2, 2005
Sold by
Community Development Inc
Bought by
Watson Donald M and Watson Barbara J
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
Mcatee Carole $325,000 Royal Title Services
Watson Donald M -- None Available
Community Development Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcatee Carole $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $325,000 +3.2% $141 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $314,900 -- $136 / 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 $2,822 $328,400 $32,500 $295,900
2023 $2,822 $267,800 $32,500 $235,300
2022 $2,847 $267,800 $32,500 $235,300
2021 $2,673 $253,700 $32,500 $221,200
2020 $2,743 $261,000 $32,500 $228,500
2019 $2,520 $239,100 $28,600 $210,500
2018 $2,396 $227,000 $28,600 $198,400
2017 $2,242 $212,000 $28,600 $183,400
2016 $2,194 $207,600 $28,600 $179,000
2014 $1,772 $177,200 $28,600 $148,600
2013 $1,738 $164,300 $28,600 $135,700
Source: Public Records

Agents Affiliated with this Home

  • Mike Duncan

    Seller's Agent in 2023

    Mike Duncan

    Mike Duncan Real Estate Group

    (317) 888-7000

    1 in this area

    30 Total Sales

    Mike Duncan
    Section Image

  • T

    Buyer's Agent in 2023

    The Halcomb Group

    Keller Williams Indy Metro S

    Section Image

  • T

    Buyer Co-Listing Agent in 2023

    Tyler Halcomb

    Keller Williams Indy Metro S

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21912292

MIBOR Broker Listing Cooperative®

APN: 49-15-24-117-066.000-300

Indiana Marion County Indianapolis 46259 South Franklin

7831 Farina Way, Indianapolis, IN

This home is located at 7831 Farina Way, Indianapolis, IN 46259 since 25 March 2023 and is currently estimated at $341,520, approximately $147 per square foot. This property was built in 2004. 7831 Farina Way is a home located in Marion County with nearby schools including Franklin Central High School, Curtis Wilson Primary School and Academy, and Lutheran High School of Indianapolis.

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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