NOT LISTED FOR SALE

7904 S 560 Rd E Selma, IN 47383

Estimated Value: $826,000 - $853,285

6 Beds
6 Baths
6,959 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $850,000 $122 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,004/month

2 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Pier or Dock
  • Basketball Court
  • Selma Elementary School Rated A-
  • Access To Lake
  • 3-minute walk to Prairie Creek Park

About This Home

As of July 2023

Welcome to luxury living with this one-of-a-kind, 6-bedroom/6-bathroom estate sprawled across an expansive 5.75-acre oasis. The property is one of a select few homes with private access to the 1250-acre Prairie Creek Reservoir. This massive brick home boasts a waterfront shoreline with a pier, pond, enormous trees, and plenty of wildlife. Whether you’re looking to relax or entertain, this home has everything. When you’re ready to leave the lake, unwind in the home’s custom gazebo, relax by the fire pit, or lounge in the 20’ x 40’ heated, in-ground pool with brand new electric cover. For those with an active lifestyle, this property is a dream come true. Situated close to the paved Cardinal Greenway Trailhead and just a 1/2 mile from wooded mountain bike and hiking paths, you will have access to miles of scenic trails. The nearby boat launch, park, beach area, and sail club provide ample opportunities for fishing, open water swimming, sailing, kayaking, and enjoying the sun-drenched days. Dock your boat, launch your canoe, kayak, or stand-up paddle board in the convenience of your backyard. Inside, scenic water views adorn all rear windows and coax in natural light. The main floor’s primary bedroom with walk-in closet is spacious and has an adjacent office or extra bedroom. The recently remodeled kitchen with a granite custom island seats six. A walk-out basement with new carpet and an updated kitchen/bar is perfect for entertaining just steps from the pool deck. The basement is an ideal place to host with a wall-sized projector and theatre. None of the bedrooms share walls and each enjoys access to its own full bathroom and closet. The bedroom above the garage is a particularly spacious suite with its own entrance. The large room on the second floor can flex into a playroom, learning area, or game room. The family room has been plumbed to easily add a wet bar. The home has a 2.5 car attached garage and no shortage of storage space. Recent updates include HVAC unit, front and rear vinyl decking, first floor bathroom, fully finished garage, and updated bedroom flooring and fixtures. It is an incredibly rare opportunity to find a home this size with all the amenities, updates, and waterfront property all within an hour of Indianapolis’ northeast side. Don't miss your chance to call this gorgeous property home.

Last Listed By

Austin Rich

NextHome Elite Real Estate Listed on: 06/03/2023

NextHome Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 2000

Lot Details

  • 5.75 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting
  • Property has an invisible fence for dogs
  • Electric Fence
  • Landscaped
  • Property is zoned R-1 Residence Zone

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Workshop
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub With Separate Shower Stall
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Sun Deck
  • Dock Rights
  • Lake, Pond or Stream
  • Basketball Court
  • Balcony
  • Covered patio or porch

Schools

  • Selma Elementary And Middle School
  • Wapahani High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18-16-04-400-013.000-020

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Pier or Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2000
  • Age: 23
  • Style: Two Story
  • Architectural Style: Cape Cod
  • Total Number of Rooms: 14
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: PT W HLF SE QTR S04 T19 R11 5.750 AC
  • Parcel Number ID: 18-16-04-400-013.000-020
  • Platted: Yes
  • Amenities: Alarm System-Security, Balcony, Breakfast Bar, Built-In Speaker System, Built-In Bookcase, Built-in Desk, Built-In Entertainment Ct, Built-In Home Theatre, Cable Ready, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Court-Basketball, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Foyer Entry, Garage Door Opener, Garden Tub, Guest Quarters, Kitchen Island, Landscaped, Near Walking Trail, Porch Covered, Range/Oven Hook Up Elec, Split Br Floor Plan, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Cross Street: 600 S
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100
  • County Zoning: R-1 Residence Zone
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 6959
  • Total Finished Sq Ft: 6959
  • Above Grade Finished Sq Ft: 4998
  • Below Grade Finished Sq Ft: 1961
  • Price Per Sq Ft: 170.07
  • Basement: Yes
  • Basement Foundation: Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 19x17, On Level: Main
  • Dining Room: Dimensions: 16x13, On Level: Main
  • Recreation Room: Dimensions: 14x14, On Level: Upper
  • Extra Room: Workout Room, Dimensions: 13x10, On Level: Basement
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 15x15, On Level: Main
  • Bedroom 4: Dimensions: 15x11, On Level: Basement
  • Bedroom 5: Dimensions: 16x15, On Level: Upper
  • Other Room1: Finished Basement, Dimensions: 52x15, On Level: Basement
  • Loft: Dimensions: 23x12, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1961

Exterior Features

  • Exterior: Brick
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Garden Shed, Dimensions: 10x10, 100
  • Pool: Below Ground
  • Pool: Yes
  • Channel Canal Frontage: 200
  • Fence: Electric, Pet Fence
  • Water Features: Boat Docking Rights, Pier/Dock, Pier/Dock Available, Walk to Lake Access
  • Water Frontage: 200
  • Water Name: Prairie Creek Reservoir

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2.5
  • Garage Size: Dimensions: 27x22
  • Garage Sq Ft: 594
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Cable Company: DirectTV
  • Hvac: Ceiling Fan, Geothermal Hvac, High Efficiency Furnace
  • Laundry: Dimensions: Mainx7, On Level: 9
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Liberty-Perry Community S.D.
  • Elementary School: Selma
  • Middle School: Selma
  • High School: Wapahani
  • Elementary School: Selma

Lot Info

  • Lot Description: Waterfront, 3-5.9999, Water View, Waterfront-Level Bank
  • Estimated Lot Sq Ft: 250470
  • Estimated Lot Size Acres: 5.75

Green Features

  • Energy Efficient: Appliances, Doors, Electrical/Lighting, HVAC, Roofing, Water Heater, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 4600
  • Exemptions: Homestead

Multi Family

  • Water Access: Channel Front/Canal

MLS Schools

  • High School: Wapahani
  • Middle School: Selma
  • School District: Liberty-Perry Community S.D.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jul 21, 2023
Sold by
Buck Jason C and Buck Staci R
Bought by
Sarah Cameron S and Sarah Mackenzie P
Seller's Agent
Austin Rich
NextHome Elite Real Estate
Buyer's Agent
Austin Rich
NextHome Elite Real Estate
List Price
$850,000
Sold Price
$850,000
Total Days on Market
2
Views
116
Current Estimated Value
$842,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,572
Avg. Annual Appreciation
-0.50%
Original Mortgage
$600,000
Outstanding Balance
$586,277
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$256,151

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
Sarah Cameron S $850,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarah Cameron S $250,000
Open Sarah Cameron S $600,000
Previous Owner Buck Jason C $480,000
Previous Owner Buck Jason C $285,100
Previous Owner Buck Jason C $295,600
Previous Owner Buck Jason C $304,000
Previous Owner Buck Jason C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $850,000 0.0% $122 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $850,000 -- $122 / Sq Ft
Source: Indiana Regional MLS

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 $3,996 $490,600 $80,600 $410,000
2023 $4,160 $490,600 $80,600 $410,000
2022 $4,561 $498,500 $80,600 $417,900
2021 $4,540 $511,900 $80,600 $431,300
2020 $4,693 $444,500 $80,600 $363,900
2019 $4,252 $417,200 $80,600 $336,600
2018 $4,105 $419,300 $80,600 $338,700
2017 $3,764 $394,400 $80,600 $313,800
2016 $3,852 $399,600 $80,600 $319,000
2014 $3,827 $385,500 $80,600 $304,900
2013 -- $385,300 $80,600 $304,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202318655

Indiana Regional MLS

APN: 18-16-04-400-013.000-020