NOT LISTED FOR SALE

Estimated Value: $450,000 - $590,000

4 Beds
2.5 Baths
4,011 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $440,000 $110 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,452/month

8 Days on Market

Highlights

  • Lake Front
  • Cape Cod Architecture
  • Deck
  • Perry Meridian Middle School Rated A-
  • Mature Trees
  • Wood Flooring

About This Home

As of November 2021

Cozy Lake Front Home with Dock!!!  This welcoming, well-maintained home features 4 bedrooms, 2.5 baths, bonus room (or possible in-law quarters), and TWO sunrooms.  Many updates throughout including herringbone tile, fresh paint, and new Profile appliances.  The spacious main floor master suite features walk-in closet, double vanity, and lake views.  On the second floor, you'll find an open loft area and three spacious bedrooms with walk-in closets.  Oversized heated garage with workshop.  Loads of storage space in easy to access attic.  Irrigation System. Arrowhead Lake is great for large mouth bass fishing (see photos for prize winners). Large deck/dock area perfect for entertaining. Rare lake front property this close to downtown Indy!

Last Agent to Sell the Property

Courtney Baker

My Agent License #RB18000590 Listed on: 10/12/2021

Last Buyer's Agent

Amy Heidelberger

Keller Williams Indy Metro S

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Lake Front
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Workshop in Garage

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Fireplace Features Masonry
  • Great Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Association fees include nature area
  • Valley Ridge Farms Subdivision
  • Property managed by Valley Ridge Farms

Listing and Financial Details

  • Legal Lot and Block 119 / 2
  • Assessor Parcel Number 491422130051000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,150

Year Built

Built in 1987

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1987
  • Building Area Total: 4011
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: Valley Ridge Farms
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: courtneyrbaker@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Double Oven, Oven, Electric Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Masonry
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Tray Ceiling(s), Walk-in Closet(s), Eat-in Kitchen, Pantry
  • Living Area: 4011
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Areas Interior: Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2443
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1568
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 4011

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System, Dock
  • List Price: 475000
  • Patio And Porch Features: Deck Main Level, Glass Enclosed
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Heated, Workshop in Garage
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 780

Utilities

  • Cooling: Central Electric, Heat Pump
  • Heating: Forced Air, Gas
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Valley Ridge Farms

Fee Information

  • Association Fee Includes: Nature Area

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.32
  • Parcel Number: 491422130051000500
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5150
  • Tax Block: 2
  • Tax Lot: 119
  • Semi Annual Property Tax Amt: 2575
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Nov 29, 2021
Sold by
Baker Trust
Bought by
Maurer Erin E and Maurer Gary L
Seller's Agent
Courtney Baker
My Agent
Buyer's Agent
Amy Heidelberger
Keller Williams Indy Metro S
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$531,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,861
Avg. Annual Appreciation
4.83%
Original Mortgage
$245,000
Outstanding Balance
$227,716
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$298,737

Purchase Details

Closed on
Jun 28, 2021
Sold by
Baker Glen A and Baker Rebekah T
Bought by
Baker Trust

Purchase Details

Listed on
Jan 6, 2017
Closed on
Feb 24, 2017
Sold by
Cunha Ralph W
Bought by
Baker Rebekah T
Seller's Agent
Jeff Paxson
Jeff Paxson Team
Buyer's Agent
Priscilla Price-Johnson
F.C. Tucker Company
List Price
$300,000
Sold Price
$292,000
Premium/Discount to List
-$8,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$233,600
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Morey Robert B and Morey Linda K
Bought by
Cunha Ralph W and Cunha Lynn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,075
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Buckley Edward R
Bought by
Morey Robert B and Morey Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Maurer Erin E $440,000 None Available
Baker Trust -- None Available
Baker Rebekah T $292,000 --
Baker Glen A -- Security Title
Cunha Ralph W -- Chicago Title Insurance Co
Morey Robert B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maurer Erin E $245,000
Closed Maurer Gary L $245,000
Previous Owner Baker Glen A $233,600
Previous Owner Cunha Lynn W $32,000
Previous Owner Cunha Lynn W $241,125
Previous Owner Cunha Ralph W $255,075
Previous Owner Morey Robert B $236,000
Previous Owner Buckley Edward R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $440,000 -7.4% $110 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $475,000 +62.7% $118 / Sq Ft
02/24/2017 02/24/17 Sold $292,000 0.0% $57 / Sq Ft
01/25/2017 01/25/17 Off Market $292,000 -- --
01/06/2017 01/06/17 For Sale $300,000 -- $58 / 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 $7,118 $557,000 $37,200 $519,800
2023 $7,118 $535,100 $37,200 $497,900
2022 $6,780 $485,900 $37,200 $448,700
2021 $5,767 $417,400 $37,200 $380,200
2020 $5,151 $370,900 $37,200 $333,700
2019 $4,563 $327,100 $28,900 $298,200
2018 $4,258 $309,000 $28,900 $280,100
2017 $4,285 $310,800 $28,900 $281,900
2016 $3,940 $285,900 $28,900 $257,000
2014 $3,481 $285,400 $28,900 $256,500
2013 $3,288 $269,700 $28,900 $240,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21818507

MIBOR Broker Listing Cooperative®

APN: 49-14-22-130-051.000-500