NOT LISTED FOR SALE

8531 Rockwood Ln Indianapolis, IN 46259

South Franklin Neighborhood

Estimated Value: $585,000 - $649,000

4 Beds
3.5 Baths
4,250 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $395,320 $93 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,720/month

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-

About This Home

As of November 2018

This home is located at 8531 Rockwood Ln, Indianapolis, IN 46259 since 01 November 2018 and is currently estimated at $611,342, approximately $143 per square foot. This property was built in 2018. 8531 Rockwood Ln is a home located in Marion County with nearby schools including Franklin Central High School.

Last Agent to Sell the Property

Chris Schrader

Drees Home License #RB14034873 Listed on: 11/01/2018

Last Buyer's Agent

Tyre Shelton

Hoosier, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 2018

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Association fees include insurance maintenance
  • Ironstone Subdivision
  • Property managed by Mark Hansen
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491618125020016300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican,Two Story
  • Builder Name: Drees Homes
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2018
  • Year Built: 2018
  • Garage Y N: No
  • Lot Size Acres: 0.24
  • Subdivision Name: IRONSTONE
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Special Features: NewHome

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling,Finished Ceiling,Finished,Full
  • Appliances: Gas Cooktop,Dishwasher,Disposal,Microwave,Oven,Double Oven,Range Hood,Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room,Gas Log,Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Ceiling Raised,Ceiling Tray,Ceiling Vaulted,Walk-in Closet(s),Hardwood Floors
  • Living Area: 4250
  • Other Equipment: CO Detectors,Sump Pump
  • Room Count: 12
  • Areas Interior: Foyer Large,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Dining-L
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3013
  • Main Level Sq Ft: 1268
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 4250
  • Kitchen Features: Center Island,Pantry WalkIn
  • Below Grade Sq Ft: 1237
  • Upper Level Sq Ft: 1745
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick,Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 395320
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Covered Patio,Covered Porch

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Mark Hansen
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Insurance,Maintenance
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491618125020016300
  • Acres: <1/4 Acre
  • Lot Number: 20
  • Lot Size: 10304

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • School District: Plainfield Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 14, 2018
Sold by
Drees Premier Homes Inc
Bought by
Patterson Patrick and Patterson Lora
Seller's Agent
Chris Schrader
Drees Home
Buyer's Agent
Tyre Shelton
Hoosier, REALTORS®
List Price
$395,320
Sold Price
$395,320
Current Estimated Value
$611,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,022
Avg. Annual Appreciation
6.30%
Original Mortgage
$355,851
Outstanding Balance
$317,722
Interest Rate
4.9%
Mortgage Type
Construction
Estimated Equity
$283,380

Purchase Details

Closed on
Jul 6, 2018
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
Patterson Patrick $395,390 First American Title Insurance
-- $68,000 --
Drees Premier Homes Inc $68,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Patrick $355,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $395,320 0.0% $93 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $395,320 -- $93 / 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 $4,974 $593,000 $70,300 $522,700
2023 $4,974 $486,800 $70,300 $416,500
2022 $4,455 $450,600 $70,300 $380,300
2021 $4,267 $419,700 $70,300 $349,400
2020 $4,184 $411,700 $70,300 $341,400
2019 $3,068 $300,300 $55,800 $244,500
2018 $12 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Schrader

    Seller's Agent in 2018

    Chris Schrader

    Drees Home

    (317) 557-4305

    5 in this area

    305 Total Sales

    Chris Schrader
    Section Image

  • T

    Buyer's Agent in 2018

    Tyre Shelton

    Hoosier, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21605475

MIBOR Broker Listing Cooperative®

APN: 49-16-18-125-020.016-300

Indiana Marion County Indianapolis 46259 South Franklin

8531 Rockwood Ln, Indianapolis, IN

This home is located at 8531 Rockwood Ln, Indianapolis, IN 46259 since 01 November 2018 and is currently estimated at $611,342, approximately $143 per square foot. This property was built in 2018. 8531 Rockwood Ln is a home located in Marion County with nearby schools including Franklin 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.

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