NOT LISTED FOR SALE

8118 Lake Point Way Indianapolis, IN 46256

I-69 Fall Creek Neighborhood

Estimated Value: $401,000 - $424,000

4 Beds
3 Baths
2,480 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $215,000 $87 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,502/month

22 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Tennis Courts

About This Home

As of September 2018

Great family home on a cul-de-sac! Bedroom on main level also! Large yard for entertaining. Community amenities include pool, tennis, and snow removal.

Last Agent to Sell the Property

Hazel Nave

Listed on: 07/24/2018

Last Buyer's Agent

Dick Richwine

Berkshire Hathaway Home License #RB14006231

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1985

Lot Details

  • 0.52 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490224136004000400

Community Details

Overview

  • Association fees include home owners, pool, snow removal, tennis court(s)
  • Castle Cove Subdivision
  • Property managed by CASTLE COVE

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1985
  • Garage Y N: Yes
  • Lot Size Acres: 0.523
  • Subdivision Name: CASTLE COVE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Great family home on a cul-de-sac! Bedroom on main level also! Large yard for entertaining. Community amenities include pool, tennis, and snow removal.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Screens Some, Windows Vinyl
  • Living Area: 2480
  • Other Equipment: Smoke Detector
  • Room Count: 9
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2480
  • Main Level Sq Ft: 1562
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2480
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 918
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Pool Community, Tennis Community
  • Foundation Details: Block
  • List Price: 224500
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: CASTLE COVE
  • Management Company Phone: 317-289-6313

Fee Information

  • Association Fee Includes: Association Home Owners, Pool, Snow Removal, Tennis Court(s)
  • Mandatory Fee: 439

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490224136004000400
  • Acres: 1/2-1 Acre
  • Lot Information: Cul-De-Sac,Tree Mature
  • Lot Number: 50
  • Lot Size: 22,782

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2272
  • Semi Annual Property Tax Amt: 1136
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 17, 2018
Sold by
Patrick Roberta S
Bought by
Scott Adams
Seller's Agent
Hazel Nave
Buyer's Agent
Dick Richwine
Berkshire Hathaway Home
List Price
$224,500
Sold Price
$215,000
Premium/Discount to List
-$9,500
-4.23%
Current Estimated Value
$409,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,575
Avg. Annual Appreciation
8.66%
Original Mortgage
$182,750
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Scott Adams $215,000 --
Adams Scott $215,000 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Scott $182,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $215,000 -4.2% $87 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $224,500 -- $91 / 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 $3,966 $354,000 $57,300 $296,700
2023 $3,966 $354,000 $57,300 $296,700
2022 $3,673 $324,800 $57,300 $267,500
2021 $3,455 $299,200 $40,300 $258,900
2020 $3,077 $263,600 $40,300 $223,300
2019 $2,534 $243,700 $40,300 $203,400
2018 $2,547 $245,300 $40,300 $205,000
2017 $2,363 $227,100 $40,300 $186,800
2016 $2,316 $222,600 $40,300 $182,300
2014 $2,179 $217,900 $40,300 $177,600
2013 $1,947 $194,700 $40,300 $154,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Hazel Nave

  • Dick Richwine

    Buyer's Agent in 2018

    Dick Richwine

    Berkshire Hathaway Home

    (317) 558-6900

    6 in this area

    394 Total Sales

    Dick Richwine
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21583686

MIBOR Broker Listing Cooperative®

APN: 49-02-24-136-004.000-400

Indiana Marion County Indianapolis 46256 I-69 Fall Creek

8118 Lake Point Way, Indianapolis, IN

This home is located at 8118 Lake Point Way, Indianapolis, IN 46256 since 24 July 2018 and is currently estimated at $409,575, approximately $165 per square foot. This property was built in 1985. 8118 Lake Point Way is a home located in Marion County with nearby schools including Crestview Elementary School, Fall Creek Valley Middle School, and Lawrence North 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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