NOT LISTED FOR SALE

7851 Shannon Lakes Way Indianapolis, IN 46217

Glenns Valley Neighborhood

Estimated Value: $401,138 - $455,000

3 Beds
2.5 Baths
3,270 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $215,000 $66 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,623/month

60 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Utility Room
  • Perry Meridian Middle School Rated A-
  • Garage

About This Home

As of March 2017

Covered front porch leads to a comfy & spacious floor plan for all to enjoy. The rooms flow together with the main gathering room featuring a gas log burning fireplace for all to enjoy. Kitchen has ample cabinet & counter space & offers a view of semi private backyard with screened in porch plus large poured patio. Finished basement with recreation room plus exercise room. Upper level bedrooms large enough to give all maximum privacy & master suite includes jetted tub, sep shower, dbl sink & WIC

Last Agent to Sell the Property

Mike Duncan

Mike Duncan Real Estate Group License #RB14027252 Listed on: 12/27/2016

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

  • $2,192

Year Built

  • Built in 1999

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Utility Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Association fees include entrance common maintenance nature area snow removal
  • Shannon Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491415140044000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer,Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1999
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: SHANNON LAKES
  • Inspection Warranties: Not Applicable
  • Property Description: Covered front porch leads to a comfy & spacious floor plan for all to enjoy. The rooms flow together with the main gathering room featuring a gas log burning fireplace for all to enjoy. Kitchen has ample cabinet & counter space & offers a view of semi private backyard with screened in porch plus large poured patio. Finished basement with recreation room plus exercise room. Upper level bedrooms large enough to give all maximum privacy & master suite includes jetted tub, sep shower, dbl sink & WIC
  • Transaction Type: Sale
  • Website: www.homesbymikeduncan.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,Disposal,MicroHood,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log,Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access,Ceiling Tray,Walk-in Closet(s),Windows Thermal,Wood Work Stained
  • Living Area: 3270
  • Other Equipment: Not Applicable
  • Room Count: 11
  • Areas Interior: Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2176
  • Main Level Sq Ft: 1094
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Tub Garden,Porch,Tub Whirlpool
  • Total Sq Ft: 3270
  • Below Grade Sq Ft: 1094
  • Upper Level Sq Ft: 1082
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick,Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 215000
  • Association Maintained Building Exterior: 0
  • Porch: Screened in Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Storage Area

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: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: .

Fee Information

  • Association Fee Includes: Entrance Common,Maintenance,Nature Area,Snow Removal
  • Mandatory Fee: 350

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491415140044000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 201
  • Lot Size: .24

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2192
  • Semi Annual Property Tax Amt: 1096
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
Mar 24, 2017
Sold by
Sickels Tommy
Bought by
David Y
Seller's Agent
Mike Duncan
Mike Duncan Real Estate Group
Buyer's Agent
The Halcomb Group
Keller Williams Indy Metro S
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Current Estimated Value
$419,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,535
Avg. Annual Appreciation
8.13%
Original Mortgage
$172,000
Outstanding Balance
$142,592
Interest Rate
4.16%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$276,943
Source: Public Records

Range of Values:

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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
David Y $215,000 --
Halcomb David Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halcomb David Y $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $215,000 -6.5% $66 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $230,000 -- $70 / 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 $4,786 $392,500 $39,500 $353,000
2023 $4,786 $362,800 $39,500 $323,300
2022 $4,401 $325,700 $39,500 $286,200
2021 $3,884 $282,700 $39,500 $243,200
2020 $3,519 $262,300 $39,500 $222,800
2019 $3,473 $257,300 $28,400 $228,900
2018 $3,463 $252,500 $28,400 $224,100
2017 $3,408 $249,500 $28,400 $221,100
2016 $2,882 $232,800 $28,400 $204,400
2014 $2,726 $224,200 $28,400 $195,800
2013 $2,663 $218,800 $28,400 $190,400
Source: Public Records

Agents Affiliated with this Home

  • Mike Duncan

    Seller's Agent in 2017

    Mike Duncan

    Mike Duncan Real Estate Group

    (317) 888-7000

    30 Total Sales

    Mike Duncan
    Section Image

  • T

    Buyer's Agent in 2017

    The Halcomb Group

    Keller Williams Indy Metro S

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21457970

MIBOR Broker Listing Cooperative®

APN: 49-14-15-140-044.000-500

Indiana Marion County Indianapolis 46217 Glenns Valley

7851 Shannon Lakes Way, Indianapolis, IN

This home is located at 7851 Shannon Lakes Way, Indianapolis, IN 46217 since 27 December 2016 and is currently estimated at $419,535, approximately $128 per square foot. This property was built in 1999. 7851 Shannon Lakes Way is a home located in Marion County with nearby schools including Glenns Valley Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian 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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