NOT LISTED FOR SALE

7941 Benjamin Dr Indianapolis, IN 46226

Estimated Value: $120,000 - $134,875

2 Beds
2 Baths
1,248 Sq Ft
871 Sq Ft Lot

Last Sold September 09, 2016

Last sale price $25,000 $20 Per Sq Ft

Est. 410% increase in value since last sale

Current estimated payment $712/month

76 Days on Market

Highlights

  • Mature Trees
  • Breakfast Room
  • Outdoor Storage
  • Traditional Architecture
  • Laundry closet
  • 4-minute walk to Lawrence Parks Department

About This Home

As of September 2016

HUD HOME SOLD IN "AS-IS" CONDITION (CASE # 151-828376) 2BR/2BA CONDO IN FRANKLIN TRAIL ESTATES. INTERIOR FEATURES A LIVING RM, KITCHEN, BREAKFAST RM, OFFICE & LAUNDRY CLOSET. EXTERIOR FEATURES A 1-CAR DETACHED CARPORT, OPEN PORCH & PRIVACY FENCE! ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. (Equal Housing Opportunity)

Last Agent to Sell the Property

Jeffrey Cummings

RE/MAX Complete License #RB14035686 Listed on: 05/18/2016

RE/MAX Complete

Last Buyer's Agent

Barbara Brooks

Carpenter, REALTORS®

Carpenter, REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $314

Year Built

  • Built in 1974

Lot Details

  • Back Yard Fenced
  • Mature Trees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Breakfast Room
  • Attic Access Panel
  • Laundry closet

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include clubhouse, insurance, ground maintenance, parkplayground, snow removal, sewer
  • Franklin Trail Estates Subdivision
  • Property managed by Meridian Management Group

Listing and Financial Details

  • Assessor Parcel Number 490712114057000407

Property Details

Home Type

Condominium

Est. Annual Taxes

$314

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1974
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: FRANKLIN TRAIL ESTATES
  • Inspection Warranties: Not Applicable
  • Property Description: HUD HOME SOLD IN "AS-IS" CONDITION (CASE # 151-828376) 2BR/2BA CONDO IN FRANKLIN TRAIL ESTATES. INTERIOR FEATURES A LIVING RM, KITCHEN, BREAKFAST RM, OFFICE & LAUNDRY CLOSET. EXTERIOR FEATURES A 1-CAR DETACHED CARPORT, OPEN PORCH & PRIVACY FENCE! ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. (Equal Housing Opportunity)
  • Transaction Type: Sale
  • Website: www.gotocomplete.com
  • Floor Number: 1
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Range Hood, None
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access
  • Living Area: 1248
  • 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
  • Total Sq Ft: 1248
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 468
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Cedar
  • Disclosures: HUD-Owned
  • Exterior Features: Fence Full Rear, Storage
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Carport
  • Num Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Management Group
  • Management Company Phone: 317-262-4989
  • Condo Description Location: Building Private Entry,Ground Level

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Insurance, Insurance, Maintenance Grounds, ParkPlayground, Snow Removal, Sewer
  • Mandatory Fee: 300

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490712114057000407
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 1/b
  • Lot Size: 871

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 314
  • Semi Annual Property Tax Amt: 157
  • Tax Exemption: None

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Sep 4, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Brookins Bridget
Seller's Agent
Jeffrey Cummings
RE/MAX Complete
Buyer's Agent
Barbara Brooks
Carpenter, REALTORS®
List Price
$35,927
Sold Price
$25,000
Premium/Discount to List
-$10,927
-30.41%
Current Estimated Value
$127,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,469
Avg. Annual Appreciation
19.01%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 21, 2015
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 21, 2015
Sold by
Stout Jeremy G
Bought by
Midfirst Bank

Purchase Details

Closed on
Apr 30, 2007
Sold by
Breitenbeck Nancy L
Bought by
Stout Jeremy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,946
Interest Rate
6.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Brookins Bridget -- First American Title
Secretary Of Housing & Urban Development -- None Available
Secretary Of Housing & Urban Development -- None Available
Midfirst Bank $46,200 None Available
Stout Jeremy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stout Jeremy G $61,946
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $25,000 -30.4% $20 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $35,927 +43.7% $29 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/25/2016 05/25/16 Off Market $25,000 -- --
05/18/2016 05/18/16 For Sale $35,927 -- $29 / 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 $545 $90,700 $15,200 $75,500
2023 $545 $81,500 $15,200 $66,300
2022 $423 $59,000 $15,200 $43,800
2021 $430 $55,600 $15,200 $40,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Cummings

    Seller's Agent in 2016

    Jeffrey Cummings

    RE/MAX Complete

    (317) 370-4664

    21 in this area

    577 Total Sales

    Jeffrey Cummings
    Section Image

  • B

    Buyer's Agent in 2016

    Barbara Brooks

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21418521

MIBOR Broker Listing Cooperative®

APN: 49-07-12-114-057.000-407

Indiana Marion County Indianapolis 46226

7941 Benjamin Dr, Indianapolis, IN

Not Listed for Sale

Condos

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