NOT LISTED FOR SALE

7988 Dean Rd Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $1,110,879 - $1,171,000

4 Beds
3.5 Baths
3,271 Sq Ft
$133/mo HOA Fee

Last Sold October 20, 2023

Last sale price $982,000 $300 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,290/month

122 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Rooftop Deck
  • Clearwater Elementary School Rated A-
  • Fishing
  • Cape Cod Architecture

About This Home

As of October 2023

Location, Location, Location, The best lakefront view in Indy, a must see 4 bd, 3.5 bath condo on Lake Clearwater. Nearly finished remodel, it only needs your creative imput for the custom kitchen, laundry room and outdoor living space.

Last Agent to Sell the Property

Craig Finke

Craig Finke Brokerage Email: craig@sregproperty.com License #RB14035169 Listed on: 06/19/2023

Last Buyer's Agent

Kristie Smith

Indy Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,414

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Lake Front
  • 1 Common Wall

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Paddle Fans
  • Thermal Windows
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Family or Dining Combination
  • Lake Views
  • Crawl Space
  • Attic Access Panel
  • Eat-In Galley Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Water Access
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Breezeway

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 30 / 2
  • Assessor Parcel Number 490220114013000800

Community Details

Overview

  • Lake Clearwater Subdivision

Recreation

  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,414

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Cape Cod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1985
  • Building Area Total: 3271
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Lake Clearwater
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: craig@sregproperty.com
  • Attribution Contact: craig@sregproperty.com
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Screens Some, Wet Bar, Window Bay Bow, Windows Thermal
  • Living Area: 3271
  • Main Level Bedrooms: 2
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2621
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 650
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Wood Siding, Stone
  • Direction Faces: East
  • Disclosures: Common Wall Agreement
  • Exterior Features: Balcony, Dock
  • Fencing: Fence Full Rear
  • Foundation Details: Concrete Perimeter
  • List Price: 1159000
  • Patio And Porch Features: Breeze Way, Covered Porch, Deck Main Level, Deck UP, Rooftop, Screened Patio
  • Property Condition: Updated/Remodeled
  • View: Lake
  • View Y N: Yes
  • Waterfront Features: Lake Front, Water Access
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Sq Ft: 625

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Community Features: Fishing
  • Condo Description Location: Free Standing
  • Condo Type: Vertical

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 9888
  • Parcel Number: 490220114013000800
  • Acres: <1/4 Acre
  • Price Acre: 4269565

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 18414
  • Tax Block: 2
  • Tax Lot: 30
  • Semi Annual Property Tax Amt: 9207
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Oct 20, 2023
Sold by
Lawlor Suzanne Thomas and Lawlor Leslie Alexsandra
Bought by
Lawlor-Leslie Living Trust
Seller's Agent
Craig Finke
Craig Finke
Buyer's Agent
Kristie Smith
Indy Homes
List Price
$1,159,000
Sold Price
$982,000
Premium/Discount to List
-$177,000
-15.27%
Views
290
Current Estimated Value
$1,150,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,293
Avg. Annual Appreciation
8.27%

Purchase Details

Listed on
Jun 19, 2023
Closed on
Oct 17, 2023
Sold by
Adf Construction Of Indiana Llc
Bought by
Lawlor Suzanne Thomas and Lawlor Leslie Alexsandra
Seller's Agent
Craig Finke
Craig Finke
Buyer's Agent
Kristie Smith
Indy Homes
List Price
$1,159,000
Sold Price
$982,000
Premium/Discount to List
-$177,000
-15.27%
Views
290

Purchase Details

Closed on
May 3, 2019
Sold by
Forum Cu
Bought by
Adf Construction Of Indiana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,950
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2018
Sold by
Sheridan Harry C
Bought by
Forum Cu
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
Lawlor-Leslie Living Trust -- --
Lawlor Suzanne Thomas -- None Listed On Document
Lawlor Suzanne Thomas $982,000 None Listed On Document
Adf Construction Of Indiana Llc -- Chicago Title
Forum Cu -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adf Construction Of Indiana Llc $671,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $982,000 -15.3% $300 / Sq Ft
10/18/2023 10/18/23 For Sale $1,159,000 +18.0% $354 / Sq Ft
09/19/2023 09/19/23 Off Market $982,000 -- --
07/25/2023 07/25/23 Price Changed $1,159,000 -1.7% $354 / Sq Ft
07/05/2023 07/05/23 Price Changed $1,179,000 -1.7% $360 / Sq Ft
06/19/2023 06/19/23 For Sale $1,199,000 -- $367 / 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 $24,692 $923,700 $156,600 $767,100
2023 $24,692 $967,200 $156,600 $810,600
2022 $19,592 $809,400 $156,600 $652,800
2021 $18,551 $701,800 $105,300 $596,500
2020 $17,348 $692,800 $105,300 $587,500
2019 $8,468 $0 $0 $0
2018 $8,201 $688,300 $105,300 $583,000
2017 $8,049 $684,400 $105,300 $579,100
2016 $6,630 $607,500 $105,300 $502,200
2014 $6,467 $703,200 $105,300 $597,900
2013 $6,299 $613,100 $105,300 $507,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Craig Finke

    Craig Finke

    (317) 507-9696

    1 in this area

    17 Total Sales

    Craig Finke
    Section Image

  • K

    Buyer's Agent in 2023

    Kristie Smith

    Indy Homes

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21927668

MIBOR Broker Listing Cooperative®

APN: 49-02-20-114-013.000-800

Indiana Marion County Indianapolis 46240 Clearwater

7988 Dean Rd, Indianapolis, IN

This home is located at 7988 Dean Rd, Indianapolis, IN 46240 since 19 June 2023 and is currently estimated at $1,150,293, approximately $351 per square foot. This property was built in 1985. 7988 Dean Rd is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood Middle School, and North Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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