NOT LISTED FOR SALE

7885 Clearwater Cove Dr Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $620,397 - $831,000

3 Beds
3 Baths
1,626 Sq Ft
$425/mo HOA Fee

Last Sold April 30, 2018

Last sale price $490,000 $301 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,011/month

54 Days on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • Clearwater Elementary School Rated A-
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of April 2018

Rare opportunity in beautiful Lake Clearwater with deeded boat dock. This home features breathtaking lake views with lots of natural light. This original owner, corner unit, features one of the most desirable open floor plans and locations within the neighborhood. This home has cathedral ceilings, with double sliding glass doors, skylights, and two fireplaces. Located minutes from Keystone at the Crossing and Clearwater shops this is truly an oasis in the heart of the city. This private lakeside community offers walking paths, a well-tended community beach for swimming. and a clean, well-stocked lake for fishing.

Last Agent to Sell the Property

Tod Trafelet

Eco-Realty Partners, LLC License #RB14032197 Listed on: 01/17/2018

Co-Listed By

Jeremy Long

Eco-Realty Partners, LLC License #RB14040516

Last Buyer's Agent

Bradley Grant

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1991

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Laundry in Basement
  • Basement Lookout

Home Security

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 490220125049000800

Community Details

Overview

  • Association fees include irrigation, lawncare, ground maintenance, maintenance structure, maintenance, snow removal
  • Association Phone (317) 253-1401
  • Clearwater Cove Subdivision
  • Property managed by Ardsley

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,556

Year Built

Built in 1991

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1991
  • Building Area Total: 3252
  • Co List Office Phone: 317-937-8867
  • Garage Y N: Yes
  • Subdivision Name: Clearwater Cove
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: todtrafelet@msn.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: Yes
  • Basement Type: Finished, Full, Walk Out, Daylight/Lookout Windows, Sump Pump
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1463
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Screens Some, Skylight(s), Paddle Fan, Eat-in Kitchen, Hi-Speed Internet Availbl
  • Living Area: 1626
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Areas Interior: Living Room Formal,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1626
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 4
  • SqFt Total: 3252

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Dock
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • Patio And Porch Features: Deck Main Level
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Association Phone: 317-253-1401
  • Association YN: Yes
  • Management Company Name: Ardsley
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Irrigation, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 2387
  • Parcel Number: 490220125049000800
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3556
  • Tax Lot: 65
  • Semi Annual Property Tax Amt: 1778
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Apr 30, 2018
Sold by
Marcia L Duke Trustee
Bought by
Stephens Roger
Seller's Agent
Tod Trafelet
Eco-Realty Partners, LLC
Buyer's Agent
Bradley Grant
CENTURY 21 Scheetz
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$726,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,099
Avg. Annual Appreciation
6.05%
Original Mortgage
$441,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
Duke Marcia
Bought by
Marcia L Duke Revocable Trust

Purchase Details

Closed on
Mar 10, 2015
Sold by
Duke Marcia L
Bought by
Duke Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Stephens Roger $490,000 --
Stephens Roger $490,000 Security Title Services
Marcia L Duke Revocable Trust -- None Available
Duke Marcia -- Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Roger $427,000
Closed Stephens Roger $434,000
Closed Stephens Roger $441,000
Previous Owner Duke Marcia $207,500
Previous Owner Duke Marcia L $215,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $490,000 -6.7% $301 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $525,000 -- $323 / 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 $7,558 $586,100 $122,900 $463,200
2023 $7,558 $549,900 $122,900 $427,000
2022 $7,207 $545,800 $122,900 $422,900
2021 $6,462 $466,900 $28,400 $438,500
2020 $6,240 $477,800 $28,400 $449,400
2019 $11,384 $483,200 $28,400 $454,800
2018 $4,738 $399,700 $28,400 $371,300
2017 $4,521 $386,500 $28,400 $358,100
2016 $3,646 $335,100 $28,400 $306,700
2014 $3,578 $343,000 $43,400 $299,600
2013 $4,955 $366,900 $43,400 $323,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tod Trafelet

    Eco-Realty Partners, LLC

    (317) 937-8867

    3 in this area

    24 Total Sales

    Tod Trafelet
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jeremy Long

    Eco-Realty Partners, LLC

    (317) 513-1229

    2 in this area

    27 Total Sales

    Jeremy Long
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Grant

    CENTURY 21 Scheetz

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21529715

MIBOR Broker Listing Cooperative®

APN: 49-02-20-125-049.000-800

Indiana Marion County Indianapolis 46240 Clearwater

7885 Clearwater Cove Dr, Indianapolis, IN

This home is located at 7885 Clearwater Cove Dr, Indianapolis, IN 46240 since 17 January 2018 and is currently estimated at $726,099, approximately $446 per square foot. This property was built in 1991. 7885 Clearwater Cove Dr is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood Middle School, and North Central High 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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