NOT LISTED FOR SALE

8570 Olde Mill Trace Indianapolis, IN 46260

Estimated Value: $478,000 - $551,000

2 Beds
2.5 Baths
2,230 Sq Ft
13,835 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $270,987 $122 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,195/month

42 Days on Market

Highlights

  • Waterfront
  • Clubhouse
  • Wood Flooring
  • North Central High School Rated A-
  • Traditional Architecture
  • End Unit

About This Home

As of November 2015

Spacious 2 bedroom plus den Olde Mill condo in a private location w/water views & extra high fence around courtyard is a special feature. This condo has been nicely maintained with newer furnace but it needs to be updated. 2nd bedroom can be another master suite. Community has pool, tennis and a beautiful clubhouse. Condo has a large patio and has immediate occupancy.

Last Agent to Sell the Property

Sharon Doner

F.C. Tucker Company Listed on: 10/06/2015

Last Buyer's Agent

Michael Johnson

Encore Sotheby's International

Encore Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • End Unit
  • Cul-De-Sac

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Gas Log Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490323123045000800

Community Details

Overview

  • Association fees include clubhouse, insurance, irrigation, ground maintenance, management, snow removal, trash
  • Olde Mill Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,092

Year Built

Built in 1983

Lot Details

0.32 Acres

HOA Fees

$510 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1983
  • Building Area Total: 2230
  • Garage Y N: Yes
  • Lot Size Acres: 0.3176
  • Subdivision Name: Olde Mill
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: sdoner@comcast.net
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • 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: Attic Pull Down Stairs, Built In Book Shelves, Walk-in Closet(s), Hardwood Floors, Wet Bar, Windows Wood, Entrance Foyer, Primary Bedroom on Main
  • Living Area: 2230
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Living Room Formal,Laundry in Unit,Bedroom Other on Main
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2230
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2230

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Clubhouse, Tennis Community
  • Foundation Details: Slab
  • Patio And Porch Features: Open Patio
  • Pool Features: Community, Association
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 510
  • Association Fee Frequency: Monthly
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Irrigation, Maintenance Grounds, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Cul-De-Sac, Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 13835
  • Parcel Number: 490323123045000800
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3092
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1546
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2015
Closed on
Nov 18, 2015
Sold by
Howard Realty Company
Bought by
Gilmore David B and Gilmore Catherine Becker
Seller's Agent
Sharon Doner
F.C. Tucker Company
Buyer's Agent
Michael Johnson
Encore Sotheby's International
List Price
$289,900
Sold Price
$270,987
Premium/Discount to List
-$18,913
-6.52%
Current Estimated Value
$511,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,193
Avg. Annual Appreciation
6.34%
Original Mortgage
$216,789
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 2, 2005
Sold by
Backer David J and Backer Howard D
Bought by
Howard Realty Company

Purchase Details

Closed on
Aug 12, 2005
Sold by
Backer Shirley A
Bought by
Backer David J and Backer Elizabeth Cape
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilmore David B -- None Available
Howard Realty Company -- None Available
Backer David J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gilmore David B $216,789
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $270,987 0.0% $122 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/12/2015 10/12/15 Off Market $270,987 -- --
10/06/2015 10/06/15 For Sale $289,900 -- $130 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $12,299 $496,800 $62,800 $434,000
2024 $9,686 $484,400 $63,900 $420,500
2023 $9,686 $376,700 $60,700 $316,000
2022 $9,967 $382,700 $60,900 $321,800
2021 $8,075 $303,300 $59,600 $243,700
2020 $7,347 $291,100 $59,300 $231,800
2019 $6,927 $291,700 $59,900 $231,800
2018 $6,724 $289,600 $59,600 $230,000
2017 $6,526 $284,400 $59,600 $224,800
2016 $5,685 $264,500 $59,700 $204,800
2014 $3,092 $242,000 $58,400 $183,600
2013 $5,946 $230,700 $58,100 $172,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sharon Doner

    F.C. Tucker Company

  • M

    Buyer's Agent in 2015

    Michael Johnson

    Encore Sotheby's International

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21380358

MIBOR Broker Listing Cooperative®

APN: 49-03-23-123-045.000-800

Indiana Marion County Indianapolis 46260

8570 Olde Mill Trace, Indianapolis, IN

Not Listed for Sale

Condos

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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.
Based on information submitted to the MLS GRID

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