NOT LISTED FOR SALE

7961 Benjamin Dr Unit 22 Indianapolis, IN 46226

Estimated Value: $131,000 - $138,170

3 Beds
2 Baths
1,358 Sq Ft
$325/mo HOA Fee

Last Sold February 11, 2022

Last sale price $102,500 $75 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,185/month

35 Days on Market

Highlights

  • End Unit
  • Combination Kitchen and Dining Room
  • 4-minute walk to Lawrence Parks Department
  • Patio

About This Home

As of February 2022

WAW! Glorious! Amazing! 3 bedroom 2 full bath CONDO with garage in popular FRANKLIN TRAIL ESTATES community. Great neighborhood location. Spacious floor plan with vaulted ceiling and a carport. Inside has lots of windows for natural light, fresh neutral paints throughout the house. Beautiful luxury vinyl flooring in main level and new carpet in upstairs. Stunning kitchen with lovely stainless steel appliances with built in range hood and upgraded cabinetry. Beautifully upgraded tiles shower in bathrooms. Say goodbye to yard work and outside maintenance, say hello to peace of mind and tranquility. Large patio you can sit on to enjoy the nice cool breeze. Easy access to downtown, I-65, I-465 and shopping all for an outstanding price MUST SEE!

Last Agent to Sell the Property

Chandra Sekhar Alokam

Forthright Real Estate License #RB17002151 Listed on: 12/03/2021

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $322

Year Built

  • 1974

Lot Details

  • 871

HOA Fees

  • $325 per month

Parking

  • Carport

Home Design

  • Entry on the 1st floor

Additional Features

  • Combination Kitchen and Dining Room
  • Patio
  • End Unit

Community Details

  • Property managed by Meridian Management Co

Property Details

Home Type

Condominium

Est. Annual Taxes

$322

Year Built

1974

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Double/Duplex
  • Unit Entry Level: 1
  • Architectural Style: Contemporary
  • Directions: 465 to 56th St-turn East*Franklin Rd-turn South/right*To Franklin Trails Estates-on right/West*After SECOND speed bump turn left on Benjamin Dr*7961 on left side end of first carports-guest parking-also pk lot
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: FRANKLIN TRAIL ESTATES
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Range Hood
  • Areas Interior: Foyer Large,Laundry Closet
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1358
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 578
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Walk-in Closet(s)
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Fence Full Rear, Fence Privacy, Pool Community, Storage
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio
  • Construction Type: Wood Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Carport
  • Garage Parking Other: Assigned Parking Outside,Guest Parking Premises
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Management Company Name: Meridian Management Co
  • Management Company Phone: 317-262-4989
  • Condo Description Location: End Unit
  • Condo Type: Horizontal
  • Association Fee: 325
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Lawncare, Maintenance Structure, Maintenance, Pool, Management, Snow Removal, Trash, Sewer

Lot Info

  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 161
  • Tax Exemption: HistoricTaxCredit,MortageTaxExemption
  • Tax Annual Amount: 322
  • Tax Year: 2020

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 23, 2022
Sold by
Catalina Realties Llc
Bought by
Gibbs Debbie A
Seller's Agent
Chandra Sekhar Alokam
Forthright Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%
Current Estimated Value
$134,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,543
Avg. Annual Appreciation
7.61%
Original Mortgage
$92,200
Outstanding Balance
$85,615
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$48,428

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 16, 2022
Sold by
Catalina Realties Llc
Bought by
Gibbs Debbie A
Seller's Agent
Chandra Sekhar Alokam
Forthright Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Outstanding Balance
$85,615
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$48,428

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 9, 2022
Sold by
Catalina Realties Llc
Bought by
Gibbs Debbie A
Seller's Agent
Chandra Sekhar Alokam
Forthright Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Outstanding Balance
$85,615
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$48,428

Purchase Details

Closed on
Sep 30, 2021
Sold by
Redevelop Indy Llc S
Bought by
Catalina Realties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2010
Sold by
Maddox Jennifer
Bought by
Starks Hugh B and Starks Norma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,202
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

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
Gibbs Debbie A -- New Title Company Name
Gibbs Debbie A -- New Title Company Name
Gibbs Debbie A $102,500 New Title Company Name
Gibbs Debbie A $102,500 New Title Company Name
Gibbs Debbie A -- New Title Company Name
Catalina Realties Llc -- None Available
Redevelop Indy Llc S -- None Available
Starks Hugh B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Debbie A $92,200
Closed Gibbs Debbie A $92,200
Closed Gibbs Debbie A $92,200
Closed Gibbs Debbie A $92,200
Previous Owner Redevelop Indy Llc S $54,000
Previous Owner Starks Hugh B $59,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $102,500 -6.7% $75 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $109,900 -- $81 / 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 $1,791 $90,700 $15,200 $75,500
2023 $1,791 $81,500 $15,200 $66,300
2022 $1,313 $59,000 $15,200 $43,800
2021 $331 $55,600 $15,200 $40,400
2020 $321 $55,600 $15,200 $40,400
2019 $267 $52,200 $15,200 $37,000
2018 $274 $50,100 $15,200 $34,900
2017 $277 $49,900 $15,200 $34,700
2016 $333 $61,000 $15,200 $45,800
2014 $315 $60,500 $15,200 $45,300
2013 $321 $60,500 $15,200 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21827588

MIBOR Broker Listing Cooperative®

APN: 49-07-12-114-050.000-407