NOT LISTED FOR SALE

7887 Benjamin Dr Indianapolis, IN 46226

Estimated Value: $130,000 - $144,145

3 Beds
2 Baths
2,028 Sq Ft
$67/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $68,000 $34 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $794/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Room
  • Thermal Windows
  • Community Pool
  • Balcony
  • 5-minute walk to Lawrence Parks Department

About This Home

As of May 2019

NICELY UPDATED 3 BEDROOM 2 FULL BATHROOM TOWNHOUSE-STYLE CONDOMINIUM LOCATED IN LAWRENCE TOWNSHIP SCHOOLS. UPDATES INCLUDE NEW KITCHEN COUNTER TOPS, NEW APPLIANCES, UPDATED BATHROOMS, NEW CARPET, WOOD LAMINATE AND VINYL FLOORING, FRESHLY PAINTED INTERIOR, NEW LIGHT FIXTURES/CEILING FANS, ETC. HOME FEATURES LARGE WALK-OUT BASEMENT/GARAGE, BALCONY, LARGE LIVING ROOM, BREAKFAST ROOM & BREAKFAST BAR, LARGE MASTER BEDROOM W/BUILT-IN SHELVES & WALK-IN CLOSET. NEIGHBORHOOD POOL AND COMPLEX IS ACROSS THE STREET FROM A PARK. CLOSE TO DINING AND SHOPPING.

Last Agent to Sell the Property

Gary Apter

Apter Properties, LLC License #RB14022821 Listed on: 04/22/2019

Last Buyer's Agent

David Mohn

Highgarden Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1974

Lot Details

  • 871

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Breakfast Room
  • Attic Access Panel
  • Laundry closet

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Balcony
  • 871 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 490712114038000407

Community Details

Overview

  • Association fees include maintenance structure, maintenance, pool, snow removal, trash, sewer
  • Franklin Trail Estates Subdivision
  • Property managed by Meridian Mortgage Corp/Stephanie Stone
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,176

Year Built

Built in 1974

Lot Details

871 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1974
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: FRANKLIN TRAIL ESTATES
  • Inspection Warranties: Not Applicable
  • Property Description: NICELY UPDATED 3 BEDROOM 2 FULL BATHROOM TOWNHOUSE-STYLE CONDOMINIUM LOCATED IN LAWRENCE TOWNSHIP SCHOOLS. UPDATES INCLUDE NEW KITCHEN COUNTER TOPS, NEW APPLIANCES, UPDATED BATHROOMS, NEW CARPET, WOOD LAMINATE AND VINYL FLOORING, FRESHLY PAINTED INTERIOR, NEW LIGHT FIXTURES/CEILING FANS, ETC. HOME FEATURES LARGE WALK-OUT BASEMENT/GARAGE, BALCONY, LARGE LIVING ROOM, BREAKFAST ROOM & BREAKFAST BAR, LARGE MASTER BEDROOM W/BUILT-IN SHELVES & WALK-IN CLOSET. NEIGHBORHOOD POOL AND COMPLEX IS ACROSS THE STREET FROM A PARK. CLOSE TO DINING AND SHOPPING.
  • Transaction Type: Sale
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial, Walk-Out Access
  • Appliances: Dishwasher, Disposal, Electric Oven, Range Hood, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Walk-in Closet(s), Screens Complete, Windows Thermal, Windows Vinyl
  • Living Area: 2028
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry Closet
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1248
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in
  • Total Sq Ft: 2028
  • Kitchen Features: Breakfast Bar,Kitchen Some Updates
  • Below Grade Sq Ft: 780
  • Upper Level Sq Ft: 468

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Block
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Built-In
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Mortgage Corp/Stephanie Stone
  • Management Company Phone: 317-262-4989
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Maintenance Structure, Maintenance, Pool, Snow Removal, Trash, Sewer
  • Mandatory Fee: 325

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490712114038000407
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 871

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1176
  • Semi Annual Property Tax Amt: 588
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 22, 2019
Sold by
Apter Properties Llc
Bought by
Patterson Jerald and Patterson Alysse E
Seller's Agent
Gary Apter
Apter Properties, LLC
Buyer's Agent
David Mohn
Highgarden Real Estate
List Price
$64,900
Sold Price
$68,000
Premium/Discount to List
$3,100
4.78%
Current Estimated Value
$135,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,786
Avg. Annual Appreciation
10.67%
Original Mortgage
$66,768
Outstanding Balance
$57,967
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$77,819

Purchase Details

Closed on
Dec 24, 2018
Sold by
Marion County Sheriff
Bought by
Apter Properties Llc and Mid-America Enterprises Llc

Purchase Details

Listed on
May 18, 2012
Closed on
Dec 6, 2012
Sold by
Fannie Mae and Federal National Mortgage Association
Bought by
Gray Allen C and Gray Stacia B
Seller's Agent
Clifford Acoff
LifeStyle Realty Group, INC
Buyer's Agent
Mary Bacon
Victory Real Estate
List Price
$18,000
Sold Price
$18,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%

Purchase Details

Listed on
May 18, 2012
Closed on
Nov 15, 2012
Sold by
Andrew R Drake Atty
Bought by
Gray Allen C and Gray Stacia B
Seller's Agent
Clifford Acoff
LifeStyle Realty Group, INC
Buyer's Agent
Mary Bacon
Victory Real Estate
List Price
$18,000
Sold Price
$18,000

Purchase Details

Closed on
May 3, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 27, 2012
Sold by
Holloway Veronica V
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 30, 2007
Sold by
Wright David C and Wright Sara E
Bought by
Holloway Veronica V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patterson Jerald -- None Available
Apter Properties Llc $9,025 None Available
Gray Allen C -- --
Gray Allen C $18,000 --
Federal National Mortgage Association -- None Available
Bank Of America Na $81,025 None Available
Holloway Veronica V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Jerald $66,768
Previous Owner Holloway Veronica V $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2019 05/23/19 Sold $68,000 +4.8% $34 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $64,900 +260.6% $32 / Sq Ft
11/15/2012 11/15/12 Sold $18,000 0.0% $9 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $18,000 -- $9 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,044 $119,600 $15,200 $104,400
2024 $788 $110,600 $15,200 $95,400
2023 $788 $98,900 $15,200 $83,700
2022 $402 $70,400 $15,200 $55,200
2021 $404 $66,300 $15,200 $51,100
2020 $413 $66,300 $15,200 $51,100
2019 $344 $61,900 $15,200 $46,700
2018 $1,204 $59,400 $15,200 $44,200
2017 $1,191 $58,800 $15,200 $43,600
2016 $1,470 $72,800 $15,200 $57,600
2014 $1,442 $72,100 $15,200 $56,900
2013 $563 $72,100 $15,200 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21632097

MIBOR Broker Listing Cooperative®

APN: 49-07-12-114-038.000-407

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