NOT LISTED FOR SALE

Estimated Value: $619,000 - $769,000

3 Beds
2.5 Baths
2,784 Sq Ft
$495/mo HOA Fee

Last Sold December 15, 2023

Last sale price $655,000 $235 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,945/month

5 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Mature Trees
  • Clearwater Elementary School Rated A-
  • Lake Privileges
  • Community Lake

About This Home

As of December 2023

Lake Clearwater is calling your name:) Much desired, maintenance-free, lake-front property in the heart of Indianapolis! This is going to get snapped up quickly:) Only 2 minutes from Keystone at the Crossing with tons of shopping & food options! With a spacious master, 2 spare bedrooms, and an office that could be a 3rd spare bedroom; this unit does not skimp on space. A formal dining room adds to the open concept living/dining configuration which boasts its own hearth to ceiling gas stone fireplace. Located on a quiet loop, this home has the benefit of seclusion from traffic while having one of the most panoramic views of the beautiful waterfront that EVERYONE wants! A full walk-out basement offers a huge entertaining room, spare bedroom#2, super close & easy access path to the dock right off the lower patio, lots of storage and a large laundry room. With the control center for the surround sound built into a easy pull-out located inside built-ins that surround the second gas fireplace, these owners have thought of everything. This is truly a hidden gem. Schedule your showing today!

Last Agent to Sell the Property

Courtney Lutz-Lauck

Esquire Real Estate Group LLC Brokerage Email: courtneyl@esquirerealtors.com License #RB17001165 Listed on: 11/10/2023

Co-Listed By

Kate Vannoy

Esquire Real Estate Group LLC Brokerage Email: courtneyl@esquirerealtors.com License #RB14047847

Last Buyer's Agent

Hayley Molin

@properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • 1 Common Wall
  • Mature Trees

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Patio Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Water Access
  • Lake Privileges
  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • Association fees include home owners, irrigation, lawncare, maintenance structure, maintenance, nature area, management, snow removal, walking trails
  • Association Phone (317) 259-0383
  • Clearwater Cove Subdivision
  • Property managed by Ardsley Management
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 2,240 / H
  • Assessor Parcel Number 490220109003000800

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,630

Year Built

Built in 1987

Lot Details

0

HOA Fees

$495 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1987
  • Building Area Total: 2784
  • Co List Office Phone: 317-781-1377
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Clearwater Cove
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Paired Patio
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: courtneyl@esquirerealtors.com
  • Attribution Contact: courtneyl@esquirerealtors.com
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Yes
  • Basement Type: Exterior Entry, Finished, Interior Entry, Walk Out
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Electric Oven, Refrigerator, Washer, Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1055
  • Fireplace Features: Basement, Living Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Eat-in Kitchen, Surround Sound Wiring
  • Living Area: 2784
  • Main Level Bedrooms: 2
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Laundry in Unit
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1729
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 4

Exterior Features

  • Construction Materials: Brick, Cedar
  • Foundation Details: Concrete Perimeter
  • List Price: 699900
  • Patio And Porch Features: Covered Patio, Deck Main Level
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Boat Slip, Dock, Lake Privileges, Lake Front, Water Access, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Guest Street Parking,Keyless Entry
  • Garage Sq Ft: 506

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Connections All, Laundry Room, In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Beach Access, Boat Dock, Boat Slip
  • Association Fee: 495
  • Association Fee Frequency: Monthly
  • Association Phone: 317-259-0383
  • Association YN: Yes
  • Community Features: Lake, Street Lights
  • Management Company Name: Ardsley Management
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Irrigation, Lawncare, Maintenance Structure, Maintenance, Nature Area, Management, Snow Removal, Walking Trails

Lot Info

  • Lot Features: Street Lights, Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 2240
  • Parcel Number: 490220109003000800
  • Acres: <1/4 Acre
  • Price Acre: 13100000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6630
  • Tax Block: H
  • Tax Lot: 2,240
  • Semi Annual Property Tax Amt: 3315
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 14, 2023
Sold by
Rebecca S Bright Revocable Trust
Bought by
Ho Peter P K and Ho Jessi S
Seller's Agent
Courtney Lutz-Lauck
Esquire Real Estate Group LLC
Buyer's Agent
Hayley Molin
@properties
List Price
$699,900
Sold Price
$655,000
Premium/Discount to List
-$44,900
-6.42%
Views
33
Current Estimated Value
$703,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,369
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bright Stephen R and Bright Rebecca S
Bought by
Bright Rebecca S and The Rebecca S Bright Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Bright Rebecca S
Bought by
Bright Stephen R and Bright Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2008
Sold by
Bright Stephen R and Bright Rebecca S
Bought by
Bright Rebecca S and Rebecca S Bright Revocable Trust
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
Ho Peter P K $655,000 Foundation Title
Bright Rebecca S -- American Title Inc
Bright Stephen R -- None Available
Bright Rebecca S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bright Trust $249,000
Previous Owner Bright Rebecca S $100,000
Previous Owner Bright Stephen R $164,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $655,000 -6.4% $235 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $699,900 -- $251 / 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 $7,183 $666,200 $89,600 $576,600
2023 $7,183 $523,200 $89,600 $433,600
2022 $7,570 $518,800 $89,600 $429,200
2021 $6,732 $486,200 $26,900 $459,300
2020 $6,334 $486,200 $26,900 $459,300
2019 $5,912 $486,200 $26,900 $459,300
2018 $5,468 $461,400 $26,900 $434,500
2017 $5,419 $463,500 $26,900 $436,600
2016 $4,173 $384,400 $26,900 $357,500
2014 $3,913 $375,000 $26,900 $348,100
2013 $3,912 $213,100 $26,900 $186,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21952100

MIBOR Broker Listing Cooperative®

APN: 49-02-20-109-003.000-800