NOT LISTED FOR SALE

8557 Olde Mill Trace Indianapolis, IN 46260

Estimated Value: $504,000 - $558,000

2 Beds
2.5 Baths
2,230 Sq Ft
$617/mo HOA Fee

Last Sold September 02, 2021

Last sale price $415,000 $186 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,859/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • North Central High School Rated A-
  • Outdoor Water Feature
  • Tennis Courts

About This Home

As of September 2021

Highly desirable Olde Mill and a wonderful location with a beautiful view of the fountain in the pond! This 2BR/2.5Bath plus Den unit features gleaming original parquet floors plus an upgraded kitchen with granite counters and stainless appliances. Current owner upgraded all lights with forged steel fixtures plus new hardware on all cabinets throughout. The master bath features a custom wall of over 12,000 imported Italian glass tiles. Bonus Sunroom off of kitchen was used as an art studio but can be a wonderful all season porch or office. Den has gas fireplace and wall of built-ins. Courtyard features a custom forged gate and perennial garden. Bedrooms have brand new carpet from Brown's Flooring and home is ready for your custom touches!

Last Agent to Sell the Property

Tracy Vatnsdal

F.C. Tucker Company License #RB14015894 Listed on: 08/11/2021

F.C. Tucker Company

Last Buyer's Agent

Michele Ramsey

Keller Williams Indpls Metro N

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1984

Lot Details

  • 1 Common Wall
  • Sprinkler System

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Entry on the 85th floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Gas Log Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Security System Owned

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Water Feature

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490323123006000800

Community Details

Overview

  • Association fees include home owners, clubhouse, insurance, pool, management, snow removal, tennis court(s), sewer
  • Olde Mill Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,984

Year Built

Built in 1984

Lot Details

0

HOA Fees

$617 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1984
  • Building Area Total: 2230
  • Garage Y N: Yes
  • Subdivision Name: OLDE MILL
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Floor Number: 1
  • Lifestyles: Double/Duplex
  • Unit Entry Level: 85
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Den/Library Fireplace, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Walk-in Closet(s), Hardwood Floors, Wood Work Painted, Wood Work Stained
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2230
  • Main Level Sq Ft: 2230
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,TubFull with Shower,Tub Whirlpool
  • Kitchen Features: Kitchen Updated,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Pool Community, Irrigation System, Tennis Community, Water Feature Fountain
  • Foundation Details: Slab
  • List Price: 425000
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 1850
  • Association Fee Frequency: Quarterly
  • Management Company Name: --
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: End Unit,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Entrance Common, Insurance, Insurance, Pool, Management, Snow Removal, Tennis Court(s), Sewer

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490323123006000800
  • Acres: CndHPRCoop
  • Lot Information: Cul-De-Sac,Pond,Tree Mature,Trees Small
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3984
  • Semi Annual Property Tax Amt: 1992
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Willen Charles William
Bought by
Charles William Willen Revocable Trust and Willen
Current Estimated Value
$524,722

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 2, 2021
Sold by
Maxson Ruth E
Bought by
Willen Charles William
Seller's Agent
Tracy Vatnsdal
F.C. Tucker Company
Buyer's Agent
Michele Ramsey
Keller Williams Indpls Metro N
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$336,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Kahn Robert D and Robert D Kahn Revocable Trust
Bought by
Maxson Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Charles William Willen Revocable Trust -- None Listed On Document
Willen Charles William -- None Available
Maxson Ruth E -- None Available
Maxson Ruth E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willen Charles William $336,000
Previous Owner Maxson Ruth E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $415,000 -2.4% $186 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $425,000 -- $191 / 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 $5,515 $526,600 $63,900 $462,700
2023 $5,515 $408,100 $60,700 $347,400
2022 $5,850 $414,700 $60,900 $353,800
2021 $4,531 $328,300 $59,600 $268,700
2020 $4,099 $314,900 $59,300 $255,600
2019 $3,849 $0 $0 $0
2018 $3,727 $313,100 $59,600 $253,500
2017 $3,635 $309,400 $59,600 $249,800
2016 $3,148 $287,400 $59,700 $227,700
2014 $2,664 $256,300 $58,400 $197,900
2013 $3,271 $244,100 $58,100 $186,000
Source: Public Records

Agents Affiliated with this Home

  • Tracy Vatnsdal

    Seller's Agent in 2021

    Tracy Vatnsdal

    F.C. Tucker Company

    (317) 407-7000

    1 in this area

    78 Total Sales

    Tracy Vatnsdal
    Section Image

  • M

    Buyer's Agent in 2021

    Michele Ramsey

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21804905

MIBOR Broker Listing Cooperative®

APN: 49-03-23-123-006.000-800

Indiana Marion County Indianapolis 46260

8557 Olde Mill Trace, Indianapolis, IN

This home is located at 8557 Olde Mill Trace, Indianapolis, IN 46260 since 11 August 2021 and is currently estimated at $524,722, approximately $235 per square foot. This property was built in 1984. 8557 Olde Mill Trace is a home located in Marion County with nearby schools including Spring Mill Elementary School, Westlane Middle School, and North 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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