NOT LISTED FOR SALE

7863 N 700 W Fairland, IN 46126

Estimated Value: $669,000 - $820,977

4 Beds
3.5 Baths
5,037 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $505,000 $100 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,489/month

92 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of April 2015

Gated Estate Home situated in the rolling hills of the 7+ acre property. Features include separate POOL HOUSE w/Heated Pool,retractable roof,full kitchen & full bath. Main house features include Gourmet Kitchen w/granite counters.Den with cherry wood,Formal Dining Room, Family Room, and Living Room with Fireplace. Main-Level Master Suite with walk in closet and on-suite bath w/Italian Flooring. 3 Spacious Bedrooms w/walk-in closets on Upper Level. Full Finished Walk-Out Basement with Rec Room.

Last Agent to Sell the Property

Stephanie Evelo

Keller Williams Indy Metro NE License #RB14024526 Listed on: 11/03/2014

Keller Williams Indy Metro NE

Co-Listed By

Jeff Cloyd

RE/MAX Advanced Realty License #RB14046945

Last Buyer's Agent

Bryan Devore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1995

Lot Details

  • 7.45 Acre Lot

Parking

  • Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 730125200016000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,112

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Builder Name: M&M Contractors
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1995
  • Garage Y N: Yes
  • Lot Size Acres: 7.45
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Gated Estate Home situated in the rolling hills of the 7+ acre property. Features include separate POOL HOUSE w/Heated Pool,retractable roof,full kitchen & full bath. Main house features include Gourmet Kitchen w/granite counters.Den with cherry wood,Formal Dining Room, Family Room, and Living Room with Fireplace. Main-Level Master Suite with walk in closet and on-suite bath w/Italian Flooring. 3 Spacious Bedrooms w/walk-in closets on Upper Level. Full Finished Walk-Out Basement with Rec Room.
  • Transaction Type: Sale
  • Website: www.eveloteam.com
  • Website: www.SearchIndianapolisINhomes.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling,Finished,Walk-Out Access
  • Appliances: Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room,Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access,Built In Book Shelves,Screens Complete,Walk-in Closet(s),Wood Work Painted
  • Living Area: 5037
  • Other Equipment: Security Alarm Paid,Smoke Detector,Sump Pump
  • Room Count: 11
  • Areas Interior: Foyer Large
  • Eating Area: Eat In Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3227
  • Main Level Sq Ft: 1810
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Main Level,Closet Walk in
  • Total Sq Ft: 5037
  • Below Grade Sq Ft: 1810
  • Upper Level Sq Ft: 1417
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 4.0000
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Stone,Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole,Pool House,Pool-Indoor,Water Feature Fountain
  • Foundation Details: Concrete Perimeter
  • List Price: 550000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Heated,Side Load Garage,Service Door

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Propane

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 730125200016000013
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,Irregular,Not In Subdivision,Tree Mature
  • Lot Number: 0
  • Lot Size: 272250

Tax Info

  • Tax Annual Amount: 4112
  • Semi Annual Property Tax Amt: 2056
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Northwestern Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Hiatt Michael and Hiatt Laura J
Bought by
Michael D Hiatt Revocable Trust and Laura J Hiatt Revocable Trust
Current Estimated Value
$744,989

Purchase Details

Listed on
Nov 3, 2014
Closed on
Apr 11, 2015
Sold by
Richey Beverly Aronson
Bought by
Hiatt Michael and Hiatt Laura J
Seller's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
Buyer's Agent
Bryan Devore
List Price
$625,000
Sold Price
$505,000
Premium/Discount to List
-$120,000
-19.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$404,000
Interest Rate
3.73%
Mortgage Type
New Conventional
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
Michael D Hiatt Revocable Trust -- --
Hiatt Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiatt Michael $140,000
Previous Owner Hiatt Michael $394,200
Previous Owner Hiatt Michael $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $505,000 -8.2% $100 / Sq Ft
01/21/2015 01/21/15 Price Changed $550,000 -12.0% $109 / Sq Ft
11/03/2014 11/03/14 For Sale $625,000 -- $124 / 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 $5,242 $673,600 $51,700 $621,900
2023 $5,321 $650,500 $51,700 $598,800
2022 $5,124 $578,700 $48,800 $529,900
2021 $4,302 $483,600 $48,800 $434,800
2020 $4,315 $486,600 $48,800 $437,800
2019 $4,164 $461,800 $48,400 $413,400
2018 $3,831 $432,600 $48,400 $384,200
2017 $3,613 $413,000 $48,400 $364,600
2016 $3,161 $396,400 $47,400 $349,000
2014 $3,132 $409,300 $47,400 $361,900
2013 $3,132 $410,600 $47,400 $363,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21323294

MIBOR Broker Listing Cooperative®

APN: 73-01-25-200-016.000-013