NOT LISTED FOR SALE

8338 W Cherokee Ln Fairland, IN 46126

Estimated Value: $448,000 - $505,000

5 Beds
3.5 Baths
4,066 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $465,000 $114 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,841/month

24 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • 1 Fireplace
  • Cape Cod Architecture
  • Wood Flooring
  • No HOA

About This Home

As of July 2023

Come home to this nearly 4100 sf Cape Cod featuring 5 bedrooms, 3.5 baths, a 2 car garage on .65 acres in Fairland. Additional features with this home include a main level primary suite with walk-in closet, updated dual vanities and tile walk in shower. Hardwood floors, white kitchen cabinets, wood burning fireplace, new carpet in bedrooms, 9 new windows, a covered front porch, a home office, family room with vaulted ceiling and more! Bedroom 5 could be possible in-law quarters or game room. Upstairs bonus room could be 6th bedroom but presently no closet.

Last Agent to Sell the Property

Pat Watkins

Mike Watkins Real Estate Group License #RB14036818 Listed on: 05/22/2023

Co-Listed By

Christopher Watkins

Mike Watkins Real Estate Group License #RB14042187

Last Buyer's Agent

Eric Joest

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1992

Lot Details

  • 0.65 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Vaulted Ceiling
  • 1 Fireplace
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Triton Central Elementary School
  • Triton Central Middle School
  • Triton Central High School

Utilities

  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association
  • Pleasant Acres Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 730114200193000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1992
  • Building Area Total: 4066
  • Co List Office Phone: 317-882-6453
  • Garage Y N: Yes
  • Lot Size Acres: 0.65
  • Subdivision Name: Pleasant Acres
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: pwatkins@mikesoldme.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Windows Vinyl, Wood Work Painted
  • Living Area: 4066
  • Main Level Bedrooms: 1
  • Spa Y N: Yes
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2096
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 1970
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • List Price: 475000
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 792

Utilities

  • Utilities: Electricity Connected
  • Cooling: Heat Pump
  • Electric: 200+ Amp Service
  • Heating: Electric
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Triton Central Middle School

Lot Info

  • Lot Features: Rural - Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 28497
  • Parcel Number: 730114200193000013
  • Acres: 1/2-1 Acre
  • Price Acre: 715384.615384615

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2424
  • Tax Lot: 32
  • Semi Annual Property Tax Amt: 1212
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Triton Central Elementary School
  • High School: Triton Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 24, 2023
Sold by
Maddox Joseph T
Bought by
Benedict Mackenzie D and Benedict Brittany A
Seller's Agent
Pat Watkins
Mike Watkins Real Estate Group
Buyer's Agent
Eric Joest
eXp Realty, LLC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Views
159
Current Estimated Value
$488,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,195
Avg. Annual Appreciation
-1.26%
Original Mortgage
$372,000
Outstanding Balance
$365,164
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$87,769

Purchase Details

Closed on
Nov 17, 2017
Sold by
Alfrey Jeffrey Allen
Bought by
Maddox Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2008
Sold by
Alfrey Desiree Marie
Bought by
Alfrey Jeffrey Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,375
Interest Rate
6.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benedict Mackenzie D $465,000 None Listed On Document
Maddox Joseph T -- Stewart Title Company
Alfrey Jeffrey Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benedict Mackenzie D $372,000
Previous Owner Maddox Joseph T $202,800
Previous Owner Maddox Joseph T $208,000
Previous Owner Alfrey Jeffrey Allen $228,375
Previous Owner Alfrey Jeffrey Allen $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $465,000 -2.1% $114 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $475,000 -- $117 / 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 $2,168 $313,500 $29,800 $283,700
2023 $2,258 $322,800 $29,800 $293,000
2022 $2,423 $318,500 $29,800 $288,700
2021 $2,203 $292,900 $29,800 $263,100
2020 $2,085 $281,800 $29,800 $252,000
2019 $2,015 $269,400 $26,400 $243,000
2018 $1,779 $247,200 $24,200 $223,000
2017 $1,909 $258,800 $24,200 $234,600
2016 $1,548 $233,000 $24,200 $208,800
2014 $1,446 $232,000 $24,200 $207,800
2013 $1,446 $232,000 $24,200 $207,800
Source: Public Records

Agents Affiliated with this Home

  • Pat Watkins

    Seller's Agent in 2023

    Pat Watkins

    Mike Watkins Real Estate Group

    (317) 698-9566

    612 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Christopher Watkins

    Mike Watkins Real Estate Group

    (317) 534-8485

    348 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    Eric Joest

    eXp Realty, LLC

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21922489

MIBOR Broker Listing Cooperative®

APN: 73-01-14-200-193.000-013

Indiana Shelby County Fairland 46126

8338 W Cherokee Ln, Fairland, IN

This home is located at 8338 W Cherokee Ln, Fairland, IN 46126 since 22 May 2023 and is currently estimated at $488,195, approximately $120 per square foot. This property was built in 1992. 8338 W Cherokee Ln is a home located in Shelby County with nearby schools including Triton Central Elementary School, Triton Central Middle School, and Triton 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.

Nearby Homes