NOT LISTED FOR SALE

8505 Frontgate Ln Indianapolis, IN 46256

I-69 Fall Creek Neighborhood

Estimated Value: $1,744,000 - $2,333,000

6 Beds
8 Baths
11,847 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,040,000 $172 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,654/month

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • Wood Flooring
  • 2.86 Acre Lot
  • French Architecture
  • Breakfast Room

About This Home

As of April 2022

With centrality to all of northeast Indy, this French country chateau sits at the back of a private cul-de-sac on a wooded ravine w/ breathtaking views. The tranquil pool & multiple outdoor gathering areas create a rich entertaining experience. The home exudes old world charm w/ an all-brick exterior, soaring roof lines & porte cochere, providing drive-through access to the rear of home & garages. Interior features create a stunning impression. The estate boasts expansive barrel & coffered ceilings, 3 kitchens, curved central staircase, large mud rm w/ 10 built-in lockers, theater rm, 4 fireplaces, 6 XL bdrms & 8 baths. This gated enclave is located in the rolling hills of Sargent Rd.

Last Agent to Sell the Property

Allen Williams

Berkshire Hathaway Home Listed on: 04/29/2022

Berkshire Hathaway Home

Last Buyer's Agent

Ryan Hoesli

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,616

Year Built

  • Built in 2012

Lot Details

  • 2.86 Acre Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • French Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Pool

  • In Ground Pool

Utilities

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

Community Details

  • Association fees include maintenance
  • Frontgate Subdivision
  • Property managed by Frontgate Development

Listing and Financial Details

  • Assessor Parcel Number 490225107004000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,616

Year Built

Built in 2012

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: French
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2012
  • Building Area Total: 11847
  • Garage Y N: Yes
  • Lot Size Acres: 2.86
  • Subdivision Name: FRONTGATE
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Walk Out
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Bar Fridge, Refrigerator, Warming Drawer, Double Oven
  • Levels: Two
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: Basement, Family Room, Gas Log
  • Fireplaces: 4
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors
  • Other Equipment: Smoke Detector, Sump Pump, WetBar, Water Purifier, Water-Softener Owned
  • Areas Interior: Foyer - 2 Story,Foyer Large,Great Room - 2 Story,Laundry Room Main Level
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 7408
  • Main Level Sq Ft: 4439
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bedroom Description: Closet Walk in,Fireplace,Sinks Double,Tub Full with Separate Shower
  • Kitchen Features: Center Island,Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 4439
  • Upper Level Sq Ft: 2969
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, In Ground Pool, Irrigation System
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Patio

Garage/Parking

  • Garage Spaces: 4
  • 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,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Management Company Name: Frontgate Development
  • Management Company Phone: 317-603-6000
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490225107004000400
  • Acres: 1-3 Acres
  • Lot Information: Cul-De-Sac,Gated Community,Tree Mature
  • Lot Number: 4/5
  • Lot Size: 58,806

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 19616
  • Semi Annual Property Tax Amt: 9808
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 10, 2022
Sold by
Lamotte Jr Stephen R
Bought by
Defalco Christopher A and Defalco Megan E
Seller's Agent
Allen Williams
Berkshire Hathaway Home
Buyer's Agent
Ryan Hoesli
Compass Indiana, LLC
List Price
$2,040,000
Sold Price
$2,040,000
Current Estimated Value
$2,246,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,272
Avg. Annual Appreciation
0.59%
Original Mortgage
$1,520,000
Outstanding Balance
$1,444,225
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$638,677

Purchase Details

Listed on
Apr 29, 2022
Closed on
Apr 29, 2022
Sold by
Lamotte Jr Stephen R
Bought by
Defalco Christopher A and Defalco Megan E
Seller's Agent
Allen Williams
Berkshire Hathaway Home
Buyer's Agent
Ryan Hoesli
Compass Indiana, LLC
List Price
$2,040,000
Sold Price
$2,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Outstanding Balance
$1,444,225
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$638,677

Purchase Details

Closed on
Jan 28, 2008
Sold by
Frontgate Development Co Inc
Bought by
Lamotte Stephen R and Lamotte Crystal D

Purchase Details

Closed on
Jan 25, 2008
Sold by
Colvin Rosevelt and Colvin Tiffany A
Bought by
Frontgate Development Co Inc

Purchase Details

Closed on
Dec 16, 2005
Sold by
Frontgate Development Co Inc
Bought by
Colvin Rosevelt and Colvin Tiffany A
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
Defalco Christopher A -- Indiana Home Title
Defalco Christopher A $2,040,000 Indiana Home Title
Lamotte Stephen R -- None Available
Frontgate Development Co Inc -- None Available
Colvin Rosevelt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defalco Christopher A $1,520,000
Closed Defalco Christopher A $1,520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $2,040,000 0.0% $172 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $2,040,000 -- $172 / 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 $20,858 $1,694,300 $301,800 $1,392,500
2023 $20,858 $1,709,500 $301,800 $1,407,700
2022 $19,965 $1,585,000 $301,800 $1,283,200
2021 $19,353 $1,502,500 $301,800 $1,200,700
2020 $19,834 $1,517,100 $301,800 $1,215,300
2019 $17,316 $1,529,600 $301,800 $1,227,800
2018 $15,855 $1,381,200 $301,800 $1,079,400
2017 $15,831 $1,375,600 $301,800 $1,073,800
2016 $15,524 $1,345,200 $301,800 $1,043,400
2014 $11,577 $1,103,900 $59,400 $1,044,500
2013 $11,596 $1,103,900 $59,400 $1,044,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Allen Williams

    Berkshire Hathaway Home

    Section Image

  • R

    Buyer's Agent in 2022

    Ryan Hoesli

    Compass Indiana, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21851879

MIBOR Broker Listing Cooperative®

APN: 49-02-25-107-004.000-400

Indiana Marion County Indianapolis 46256 I-69 Fall Creek

8505 Frontgate Ln, Indianapolis, IN

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