NOT LISTED FOR SALE

7960 N Pennsylvania St Indianapolis, IN 46240

Estimated Value: $2,861,298 - $3,533,000

7 Beds
7.5 Baths
13,815 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $3,250,000 $235 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $20,793/month

Highlights

  • Mature Trees
  • Great Room with Fireplace
  • Traditional Architecture
  • North Central High School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2023

Welcome to this stunning 7-bedroom, 7-bathroom home, boasting an architecturally distinctive and gorgeous interior space that perfectly complements its impressive exterior. As you enter the home, you will be greeted by a 20' foyer leading to a formal living room, dining room, library, and chef's kitchen featuring professional-grade appliances and a custom marble center island. The breakfast room and hearth room provide additional space for relaxing and entertain ing. The 1st floor master suite is a true retreat with an enormous luxury bath complete with custom cabinetry, stone counters, marble sinks, a large steam shower, and a whirlpool tub. Upstairs, you will find five bedrooms with private baths, built-ins, and walk-in closets.

Last Agent to Sell the Property

James Schlueter

Encore Sotheby's International License #RB14046071 Listed on: 06/07/2023

Last Buyer's Agent

Mary Wernke

Encore Sotheby's International

Encore Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,620

Year Built

  • Built in 2010

Lot Details

  • 0.68 Acre Lot
  • Sprinkler System
  • Mature Trees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Home Theater Equipment
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace in Hearth Room
  • Wood Frame Window
  • Great Room with Fireplace
  • 3 Fireplaces
  • Monitored

Kitchen

  • Double Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Finished Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Fireplace in Basement
  • Basement Lookout

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Gas Grill
  • Porch

Utilities

  • Roof Turbine
  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Williams Creek Estates Meridian Hills Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 490323114002000820

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,620

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2010
  • Building Area Total: 13815
  • Garage Y N: Yes
  • Lot Size Acres: 0.68
  • Subdivision Name: Williams Creek Estates Meridian Hills
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: jim_schlueter@yahoo.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Walk Out, Daylight/Lookout Windows, Sump Pump Dual
  • Appliances: Dishwasher, Microwave, Gas Oven, Double Oven, Refrigerator, Wine Cooler, Tankless Water Heater
  • Levels: Two
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 3921
  • Fireplace Features: Basement, Great Room, Hearth Room
  • Fireplaces: 3
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Hardwood Floors, Windows Wood, Paddle Fan, Center Island
  • Living Area: 13815
  • Main Level Bedrooms: 1
  • Other Equipment: Security Alarm Monitored, Theater Equipment
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 6793
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 3101
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 6

Exterior Features

  • Construction Materials: Brick, Stone
  • Exterior Features: Outdoor Fire Pit, Sprinkler System, Gas Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 3250000
  • Patio And Porch Features: Open Patio, Porch Open

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Garage Door Opener
  • Garage Parking Other: Finished Garage,Keyless Entry,Courtyard Load Garage,Service Door

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Roof Turbine(s)
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 29926
  • Parcel Number: 490323114002000820
  • Acres: 1/2-1 Acre
  • Price Acre: 4779411.76470588

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 33620
  • Tax Lot: 9
  • Semi Annual Property Tax Amt: 16810
  • 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
Jun 7, 2023
Closed on
Jun 7, 2023
Sold by
Jeffrey Hagerman 2003 Revocable Trust
Bought by
Lucas Cunningham 2018 Living Trust and Brook Cunningham 2018 Living Trust
Seller's Agent
James Schlueter
Encore Sotheby's International
Buyer's Agent
Mary Wernke
Encore Sotheby's International
List Price
$3,250,000
Sold Price
$3,250,000
Views
2
Current Estimated Value
$3,226,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,901
Avg. Annual Appreciation
-2.70%
Original Mortgage
$2,437,500
Outstanding Balance
$2,385,493
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$679,299

Purchase Details

Closed on
May 26, 2021
Sold by
Hagerman Jeffrey
Bought by
Hagerman 2003 Trust

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 17, 2020
Sold by
Carmichael William B
Bought by
Hagerman Jeffrey
Seller's Agent
Bif Ward
F.C. Tucker Company
Buyer's Agent
James Schlueter
Encore Sotheby's International
List Price
$2,399,000
Sold Price
$2,050,000
Premium/Discount to List
-$349,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$2,000,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
John Eaton Homes Inc
Bought by
Carmichael William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Cohen Alan
Bought by
John Eaton Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2009
Sold by
J&R Eaton Homes Inc
Bought by
Cohen Alan

Purchase Details

Closed on
Apr 15, 2008
Sold by
Klain David S and Klain Linda B
Bought by
J & R Eaton Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hagerman 2003 Trust -- None Available
Hagerman Jeffrey $2,050,000 Fidelity National Title
Carmichael William B -- None Available
John Eaton Homes Inc -- None Available
Cohen Alan -- Chicago Title Greenwood
J & R Eaton Homes Inc -- None Available
Lucas Cunningham 2018 Living Trust $3,250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Cunningham 2018 Living Trust $2,437,500
Previous Owner Hagerman Jeffrey $2,000,000
Previous Owner Hagerman Jeffrey $150,000
Previous Owner Carmichael William B $1,295,000
Previous Owner Carmichael William B $500,000
Previous Owner Carmichael William B $987,500
Previous Owner Carmichael William B $500,000
Previous Owner Carmichael William B $995,000
Previous Owner Carmichael William B $999,999
Previous Owner John Eaton Homes Inc $600,000
Previous Owner J & R Eaton Homes Inc $1,840,000
Previous Owner J & R Eaton Homes Inc $360,000
Previous Owner Klain David S $327,000
Previous Owner Klain Linda B $627,000
Previous Owner Klain David S $100,000
Previous Owner Klain David S $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $3,250,000 0.0% $235 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $3,250,000 +58.5% $235 / Sq Ft
01/17/2020 01/17/20 Sold $2,050,000 -10.8% $148 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $2,299,000 -4.2% $166 / Sq Ft
10/01/2019 10/01/19 For Sale $2,399,000 -- $174 / 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 $35,309 $3,075,200 $155,600 $2,919,600
2023 $35,309 $2,443,400 $155,600 $2,287,800
2022 $33,622 $2,274,400 $155,600 $2,118,800
2021 $30,637 $2,101,600 $121,400 $1,980,200
2020 $28,227 $2,076,800 $121,400 $1,955,400
2019 $25,946 $2,251,800 $121,400 $2,130,400
2018 $27,311 $2,244,200 $121,400 $2,122,800
2017 $26,152 $2,174,000 $121,400 $2,052,600
2016 $23,683 $2,155,500 $121,400 $2,034,100
2014 $31,061 $2,927,000 $121,400 $2,805,600
2013 $31,076 $2,927,000 $121,400 $2,805,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21920113

MIBOR Broker Listing Cooperative®

APN: 49-03-23-114-002.000-820