NOT LISTED FOR SALE

7948 Midlothian Way Indianapolis, IN 46214

Key Meadows Neighborhood

Estimated Value: $269,000 - $292,000

3 Beds
2.5 Baths
1,996 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $201,635 $101 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,722/month

44 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Tennis Courts
  • Ben Davis University High School Rated A
  • Community Pool
  • Breakfast Room

About This Home

As of May 2020

WOW! Amazing home boasts main level owner's suite. Dramatic two-story great room gives home a custom feel. Home is perched perfectly on a premium home site and features a fully fenced back yard. So many goodies, too much to list.

Last Agent to Sell the Property

Michael Bounds

Keller Williams Indy Metro S License #RB14025161 Listed on: 03/15/2020

Keller Williams Indy Metro S

Last Buyer's Agent

Alan Schultz

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Breakfast Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490527126027000900

Community Details

Overview

  • Association fees include home owners, clubhouse, insurance, maintenance, nature area, parkplayground, pool, management, snow removal, trash
  • Turnberry At Country Club Subdivision
  • Property managed by Meridian Managment

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1998
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: TURNBERRY AT COUNTRY CLUB
  • Inspection Warranties: General,Not Applicable
  • Property Description: WOW! Amazing home boasts main level owner's suite. Dramatic two-story great room gives home a custom feel. Home is perched perfectly on a premium home site and features a fully fenced back yard. So many goodies, too much to list.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 1996
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Detector
  • Room Count: 8
  • Areas Interior: Foyer Large
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1996
  • Main Level Sq Ft: 1450
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,TubFull with Shower
  • Total Sq Ft: 1996
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 546

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear, Pool Community, Tennis Community
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Managment
  • Management Company Phone: 317-262-4989

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Insurance, Maintenance, Nature Area, ParkPlayground, Pool, Management, Snow Removal, Trash
  • Mandatory Fee: 45

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490527126027000900
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 38
  • Lot Size: 57X132

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1920
  • Semi Annual Property Tax Amt: 960
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township
  • Schools: Ben Davis High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2020
Closed on
May 27, 2020
Sold by
Brown Brandie
Bought by
Niehaus Erica D
Seller's Agent
Michael Bounds
Keller Williams Indy Metro S
Buyer's Agent
Alan Schultz
Compass Indiana, LLC
List Price
$199,900
Sold Price
$201,635
Premium/Discount to List
$1,735
0.87%
Current Estimated Value
$280,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,425
Avg. Annual Appreciation
6.09%
Original Mortgage
$161,308
Outstanding Balance
$142,941
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$137,119

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 28, 2019
Sold by
Wolfe Frank E
Bought by
Brown Brandie
Seller's Agent
Richard Boals
F.C. Tucker Company
Buyer's Agent
Amy Bounds
List Price
$189,500
Sold Price
$189,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$186,067
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 28, 2017
Sold by
Bowling Travis Shaen
Bought by
Frank Frank E and Frank Wolfe,
Seller's Agent
Joan Lonnemann
F.C. Tucker Company
Buyer's Agent
Richard Boals
F.C. Tucker Company
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
Original Mortgage
$142,373
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 11, 2017
Sold by
Bowling Travis Shawn and Bowling Carissa Kay
Bought by
Wolfe Frank E
Seller's Agent
Joan Lonnemann
F.C. Tucker Company
Buyer's Agent
Richard Boals
F.C. Tucker Company
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2006
Sold by
Nottingham Dennis W
Bought by
Bowling Travis and Cox Carissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Jackson Alphonso and Secretary Of Hud
Bought by
Nottingham Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.72%
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
Niehaus Erica D $201,635 Meridian Title Corporation
Brown Brandie $189,500 First American Title Insurance
Frank Frank E $145,000 --
Wolfe Frank E -- --
Bowling Travis -- None Available
Nottingham Dennis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niehaus Erica D $161,308
Previous Owner Brown Brandie $186,067
Previous Owner Wolfe Frank E $142,373
Previous Owner Bowling Travis $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2020 05/27/20 Sold $201,635 +0.9% $101 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $199,900 +5.5% $100 / Sq Ft
06/28/2019 06/28/19 Sold $189,500 0.0% $95 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $189,500 +30.7% $95 / Sq Ft
04/28/2017 04/28/17 Sold $145,000 0.0% $73 / Sq Ft View Prior Sale
03/18/2017 03/18/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $145,000 -- $73 / 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 $2,986 $280,600 $29,100 $251,500
2023 $2,986 $246,300 $29,100 $217,200
2022 $2,894 $235,600 $29,100 $206,500
2021 $5,240 $190,300 $29,100 $161,200
2020 $2,479 $179,100 $29,100 $150,000
2019 $2,302 $167,100 $29,100 $138,000
2018 $1,920 $157,900 $29,100 $128,800
2017 $1,779 $146,600 $29,100 $117,500
2016 $3,295 $136,400 $29,100 $107,300
2014 $2,772 $138,600 $29,100 $109,500
2013 $2,564 $130,700 $29,100 $101,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Bounds

    Seller's Agent in 2020

    Michael Bounds

    Keller Williams Indy Metro S

    (317) 601-0012

    1 in this area

    115 Total Sales

    Michael Bounds
    Section Image

  • A

    Buyer's Agent in 2020

    Alan Schultz

    Compass Indiana, LLC

    Section Image
  • Richard Boals

    Seller's Agent in 2019

    Richard Boals

    F.C. Tucker Company

    (317) 271-1700

    93 Total Sales

    Richard Boals
    Section Image

  • A

    Buyer's Agent in 2019

    Amy Bounds

    Section Image

  • J

    Seller's Agent in 2017

    Joan Lonnemann

    F.C. Tucker Company

    (317) 590-5289

    Joan Lonnemann
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21695357

MIBOR Broker Listing Cooperative®

APN: 49-05-27-126-027.000-900

Indiana Marion County Indianapolis 46214 Key Meadows

7948 Midlothian Way, Indianapolis, IN

Not Listed for Sale

Detached

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