8228 Morel Dr Indianapolis, IN 46256
Geist Neighborhood
5
Beds
3.5
Baths
3,976
Sq Ft
0.3
Acres
Highlights
- Mature Trees
- Cathedral Ceiling
- Formal Dining Room
- Traditional Architecture
- Wood Flooring
- Porch
About This Home
As of May 2025Welcome to this beautifully updated 5-bedroom, 3.5-bath home! Located just minutes from Geist Reservoir and Geist Waterfront Park. Inside, you'll find thoughtful upgrades throughout, including R-60 insulation for maximum energy efficiency, a brand-new HVAC system, and a stunning brick fireplace surround that adds warmth and character to the living space. The kitchen has been refreshed with a modern backsplash and a new dishwasher. Upstairs, enjoy the feel of brand-new premium carpet and pad. The finished basement is a standout feature, now with a new full bedroom and full bathroom, perfect for guests or multi-generational living. With a three-car garage and ample storage, this home is as functional as it is beautiful. Don't miss this incredible opportunity to own a move-in-ready home in a prime location!
Last Agent to Sell the Property
Keller Williams Indpls Metro N Brokerage Email: epells@kw.com License #RB21002214 Listed on: 04/03/2025
Co-Listed By
Keller Williams Indpls Metro N Brokerage Email: epells@kw.com License #RB20001832
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,632
Year Built
- Built in 1999
Lot Details
- 0.3 Acre Lot
- Mature Trees
HOA Fees
- $99 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Tray Ceiling
- Cathedral Ceiling
- Paddle Fans
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
- Basement Storage
- Basement Window Egress
Additional Features
- Porch
- Suburban Location
- Gas Water Heater
Community Details
- Association fees include home owners, clubhouse, insurance, maintenance, management
- Ridgewood Hills Subdivision
- Property managed by OMNI Property
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 49-01-19-122-016.000-400
- Assessor Parcel Number 490119122016000400
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2022
Closed on
Mar 4, 2022
Sold by
Condrey and Angela
Bought by
Lockerbie Jesse and Lockerbie Kaylyn
Seller's Agent
Sam Fishre
Keller Williams Indy Metro NE
Buyer's Agent
Bryce Higgins
eXp Realty, LLC
List Price
$425,000
Sold Price
$462,000
Premium/Discount to List
$37,000
8.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$418,950
Outstanding Balance
$393,527
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$154,410
Purchase Details
Listed on
Jan 27, 2022
Closed on
Feb 25, 2022
Sold by
Condrey and Angela
Bought by
Lockerbie Jesse and Lockerbie Kaylyn
Seller's Agent
Sam Fishre
Keller Williams Indy Metro NE
Buyer's Agent
Bryce Higgins
eXp Realty, LLC
List Price
$425,000
Sold Price
$462,000
Premium/Discount to List
$37,000
8.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,950
Outstanding Balance
$393,527
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$154,410
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 4, 2020
Sold by
Richard A Costin Trust
Bought by
Condrey Brent and Holder Angela
Seller's Agent
Jeff Sheets
Circle Real Estate
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%
Original Mortgage
$328,932
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 17, 2012
Closed on
Jun 29, 2012
Sold by
Costin Richard A and Costin Delores K
Bought by
Costin Richard A and Richard A Costin Revocable Tru
Seller's Agent
Ryan Vannatta
Disrupt Real Estate Indiana LLC
Buyer's Agent
Jeff Sheets
Circle Real Estate
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Similar Homes in Indianapolis, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Drake Andrew R | |
| Warranty Deed | $462,000 | Drake Andrew R | |
| Deed | $340,000 | Chicago Title | |
| Quit Claim Deed | $340,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,950 | New Conventional | |
| Closed | $418,950 | New Conventional | |
| Previous Owner | $328,932 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $555,000 | +0.9% | $140 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | For Sale | $550,000 | 0.0% | $138 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $550,000 | +19.0% | $138 / Sq Ft |
| 02/25/2022 02/25/22 | Sold | $462,000 | +8.7% | $116 / Sq Ft |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $425,000 | +25.0% | $107 / Sq Ft |
| 09/04/2020 09/04/20 | Sold | $340,000 | +1.5% | $126 / Sq Ft |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- |
| 07/14/2020 07/14/20 | For Sale | $335,000 | +19.6% | $125 / Sq Ft |
| 06/29/2012 06/29/12 | Sold | $280,000 | 0.0% | $70 / Sq Ft |
| 05/26/2012 05/26/12 | Pending | -- | -- | -- |
| 04/17/2012 04/17/12 | For Sale | $280,000 | -- | $70 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $4,757 | $423,900 | $62,200 | $361,700 |
| 2023 | $4,757 | $423,900 | $62,200 | $361,700 |
| 2022 | $3,997 | $362,500 | $62,200 | $300,300 |
| 2021 | $3,759 | $324,200 | $49,200 | $275,000 |
| 2020 | $3,750 | $320,200 | $49,200 | $271,000 |
| 2019 | $3,279 | $316,600 | $49,200 | $267,400 |
| 2018 | $3,327 | $321,700 | $49,200 | $272,500 |
| 2017 | $3,292 | $318,500 | $49,200 | $269,300 |
| 2016 | $3,384 | $328,000 | $49,200 | $278,800 |
| 2014 | $3,303 | $330,300 | $49,200 | $281,100 |
| 2013 | $3,266 | $330,300 | $49,200 | $281,100 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2025
Eric Pells
Keller Williams Indpls Metro N
-
J
Seller Co-Listing Agent in 2025
Julie Pells
Keller Williams Indpls Metro N
-
C
Buyer's Agent in 2025
Chris Schulhof
RE/MAX Realty Services
-
T
Buyer Co-Listing Agent in 2025
Todd Byczek
RE/MAX Realty Services
-
S
Seller's Agent in 2022
Sam Fishre
Keller Williams Indy Metro NE
-
B
Buyer's Agent in 2022
Bryce Higgins
eXp Realty, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22029325
APN: 49-01-19-122-016.000-400
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