NOT LISTED FOR SALE

8542 Palo Verde Terrace Indianapolis, IN 46227

South Perry Neighborhood

Estimated Value: $99,000 - $133,000

2 Beds
2 Baths
966 Sq Ft
$186/mo HOA Fee

Last Sold September 09, 2022

Last sale price $124,000 $128 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $848/month

4 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Perry Meridian Middle School Rated A-
  • Vinyl Plank Flooring

About This Home

As of September 2022

Newly updated condo on the ground floor! Not only does this condo require no stairs, but it also is one of the few condos in the complex that has direct door access from inside the condo to your garage. HOA fee includes includes water, sewer, trash, snow removal, lawn care, pool, playground and much more. You only pay wifi and electric. New updates on the inside including flooring, paint, kitchen, fixtures and more! Essentially walking distance to the mall and tons of restaurants and businesses. You won't find a better condo in this complex!

Last Agent to Sell the Property

Ben Grise

Evermark Property Group, LLC Listed on: 08/07/2022

Co-Listed By

Travis Carpenter

Evermark Property Group, LLC

Last Buyer's Agent

Janet Weile

Indiana New Home Specialists

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $496

Year Built

  • Built in 1978

Lot Details

  • 871

HOA Fees

  • $186 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • No Units Located Below
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawncare, maintenance structure, maintenance, pool, snow removal, trash
  • Casa De Prado Subdivision
  • Property managed by PMI Management

Listing and Financial Details

  • Assessor Parcel Number 491520104207000500

Property Details

Home Type

Condominium

Est. Annual Taxes

$496

Year Built

Built in 1978

Lot Details

0

HOA Fees

$186 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1978
  • Building Area Total: 966
  • Co List Office Phone: 317-645-3034
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: CASA DE PRADO
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Lifestyles: WalkUp
  • Unit Entry Level: Gr
  • MBR_AttributionContact: sales@investwithben.com
  • Special Features: None

Interior Features

  • Common Walls: No One Below
  • Basement: No
  • Appliances: Dishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Windows Vinyl
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 966
  • Main Level Sq Ft: 966
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0

Exterior Features

  • Construction Materials: Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 115000
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached

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: 186
  • Association Fee Frequency: Monthly
  • Management Company Name: PMI Management
  • Management Company Phone: 317-218-0600
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Lawncare, Maintenance Structure, Maintenance, Pool, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491520104207000500
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 871

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 496
  • Semi Annual Property Tax Amt: 248
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Martinez Linda and Weile Janet L
Bought by
Weile Janet L
Current Estimated Value
$115,924

Purchase Details

Closed on
Jan 26, 2024
Sold by
Martinez Linda and Weile Janet L
Bought by
Weile Janet L

Purchase Details

Listed on
Aug 7, 2022
Closed on
Sep 12, 2022
Sold by
Carpenter Investments Llc
Bought by
Martinez Linda and Weile Janet L
Seller's Agent
Ben Grise
Evermark Property Group, LLC
Buyer's Agent
Janet Weile
Indiana New Home Specialists
List Price
$115,000
Sold Price
$124,000
Premium/Discount to List
$9,000
7.83%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.22%
Original Mortgage
$93,600
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2022
Closed on
Jul 19, 2022
Sold by
Dodd Patricia C
Bought by
Carpenter Investments Llc
Seller's Agent
Ben Grise
Evermark Property Group, LLC
Buyer's Agent
Janet Weile
Indiana New Home Specialists
List Price
$115,000
Sold Price
$124,000
Premium/Discount to List
$9,000
7.83%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Weile Janet L -- None Listed On Document
Weile Janet L -- None Listed On Document
Martinez Linda $124,000 Eagle Land Title
Carpenter Investments Llc $65,000 Eagle Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Linda $93,600
Previous Owner Dodd Patricia C $10,000
Previous Owner Dodd Patricia C $52,500
Previous Owner Dodd Patricia C $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $124,000 +7.8% $128 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $115,000 -- $119 / 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 $414 $111,300 $23,100 $88,200
2023 $414 $105,400 $23,200 $82,200
2022 $406 $86,400 $21,700 $64,700
2021 $545 $63,600 $18,400 $45,200
2020 $502 $57,900 $17,600 $40,300
2019 $475 $54,500 $17,100 $37,400
2018 $400 $44,500 $15,700 $28,800
2017 $446 $50,500 $16,600 $33,900
2016 $390 $42,900 $15,500 $27,400
2014 $349 $47,500 $16,200 $31,300
2013 $375 $47,500 $16,200 $31,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Grise

    Evermark Property Group, LLC

    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Travis Carpenter

    Evermark Property Group, LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Janet Weile

    Indiana New Home Specialists

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21875991

MIBOR Broker Listing Cooperative®

APN: 49-15-20-104-207.000-500

Indiana Marion County Indianapolis 46227 South Perry

8542 Palo Verde Terrace, Indianapolis, IN

This home is located at 8542 Palo Verde Terrace, Indianapolis, IN 46227 since 07 August 2022 and is currently estimated at $115,924, approximately $120 per square foot. This property was built in 1978. 8542 Palo Verde Terrace is a home located in Marion County with nearby schools including Winchester Village Elementary School, Perry Meridian 6th Grade Academy, and Perry Meridian Middle 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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