$310,000
SOLD MAY 14, 2025

871 Gazebo Way Greenwood, IN 46142

2 Beds
2 Baths
1,651 Sq Ft
$423/mo HOA Fee

Recently Sold

$188 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Updated Kitchen
  • Clubhouse
  • Engineered Wood Flooring
  • Mature Trees
  • Traditional Architecture
  • Cathedral Ceiling

About This Home

As of May 2025

Maintenance-free living never looked so good! Don't miss this move-in ready condo with fresh paint throughout in the Reserve at Timbers Edge. This highly sought-after "Canterbury" floorplan includes 2 bedrooms, 2 full bathrooms, a beautiful sunroom and a den. The open concept creates an ideal space for everyday living with dramatic cathedral ceilings in every room. The extra cabinetry and countertop along side wall add valuable space for storage and entertainment in the kitchen as well as the stylish backsplash, under cabinet lighting and breakfast bar overlooking the open dining area and great room with corner gas fireplace. Spacious primary suite features a large walk-in closet and 9 ft dual vanity in the bathroom with a separate room for the toilet and walk-in shower (renovated in 2024) offering privacy and functionality. Bedroom 2 includes a Murphy bed, allowing you to transform the room and maximize space! Custom built-in shelving in sunroom adds charm and the perfect spot to display your favorite books and decor while keeping essentials organized. The den and sunroom each have an arch top window and glass panel French doors allowing an abundance of natural light. Whether used as a third bedroom, reading nook or additional entertainment space, the den offers endless possibilities. The laundry room is adjacent to the kitchen and extends to the mudroom with spacious closets and cabinets - the perfect solution for any storage dilemma! Workshop in garage with additional shelving in garage and attic. Water, Trash, Recycling and Sewer (except for a $5 monthly runoff bill to individual owners) are included in the Monthly HOA fee! Don't forget there is also a beautiful swimming pool, workout facility and clubhouse available for community residents and their guests. This home will not disappoint! Schedule a showing today!

Last Agent to Sell the Property

Amy Keizers

Duke Collective, Inc. Brokerage Email: AmyKeizers@DukeCollective.com License #RB14043682 Listed on: 04/11/2025

Duke Collective, Inc.

Last Buyer's Agent

George Adams

Adams Real Estate Concepts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • Cul-De-Sac
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Patio Home
  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Stone

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-in Bookshelves
  • Woodwork
  • Cathedral Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Entrance Foyer
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Greenwood Northeast Elementary Sch
  • Greenwood Middle School
  • Greenwood Community High Sch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 410230024046003026
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include home owners, clubhouse, exercise room, insurance, lawncare, ground maintenance, maintenance structure, maintenance, nature area, management, snow removal, trash, walking trails
  • Association Phone (317) 570-4358
  • Reserve At Timbers Edge Subdivision
  • Property managed by Kirkpatrick Management
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,130

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$423 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2005
  • Building Area Total: 1651
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Reserve At Timbers Edge
  • Transaction Type: Sale
  • Website: https://tours.myersimaging.com/s/871-Gazebo-Way-Greenwood-IN-46142
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Paired Patio
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: AmyKeizers@DukeCollective.com
  • Attribution Contact: AmyKeizers@DukeCollective.com
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Free-Standing Freezer, Washer, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Breakfast Bar, Built In Book Shelves, Cathedral Ceiling(s), Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Pantry, Screens Complete, Surround Sound Wiring, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Living Area: 1651
  • Main Level Bedrooms: 2
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Laundry in Unit,Utility Room
  • Eating Area: Breakfast Room,Dining Combo/Great Room,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1651
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Wood Siding, Stone
  • Exterior Features: Clubhouse
  • Foundation Details: Slab
  • List Price: 325000
  • Patio And Porch Features: No Maintenance, Open Patio
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 557

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Laundry Features: Connections All, Laundry Room, Main Level, Sink
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Exercise Course, Fitness Center, Insurance, Maintenance, Maintenance Grounds, Management, Party Room, Pool, Recreation Room, Snow Removal, Trash
  • Association Fee: 423
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Clubhouse, Pool, Sidewalks, Street Lights
  • Management Company Name: Kirkpatrick Management
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Private Entry,Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Entrance Common, Exercise Room, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Nature Area, Management, Snow Removal, Trash, Walking Trails, See Remarks

Schools

  • Middle Or Junior School: Greenwood Middle School

Lot Info

  • Lot Features: Cul-De-Sac, Street Lights, Mature Trees, Wooded
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 2265
  • Parcel Number: 410230024046003026
  • Acres: <1/4 Acre
  • Price Acre: 6200000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2130
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1065
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Greenwood Northeast Elementary Sch
  • High School: Greenwood Community High Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 14, 2025
Sold by
Barbara O Volkman Revocable Trust and Volkman Barbara O
Bought by
Garland Linda Lou and Garland Amy Dawn
Seller's Agent
Amy Keizers
Duke Collective, Inc.
Buyer's Agent
George Adams
Adams Real Estate Concepts
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
29
Current Estimated Value
$332,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,407
Avg. Annual Appreciation
21.96%
Original Mortgage
$280,250
Outstanding Balance
$279,533
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$51,460

Purchase Details

Closed on
Nov 22, 2005
Sold by
Volkman Joe F and Volkman Barbara O
Bought by
Volkman Barbara O and Barbara O Volkman Revocable Li

Purchase Details

Closed on
Aug 3, 2005
Sold by
Premier Villages Llc
Bought by
Volkman Joe F and Volkman Barbara O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,150
Interest Rate
5.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- Midwest Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,250 New Conventional
Previous Owner $184,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $310,000 -4.6% $188 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $325,000 -- $197 / 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
2025 $2,331 $305,100 $52,000 $253,100
2024 $2,331 $248,600 $52,000 $196,600
2023 $2,130 $240,900 $52,000 $188,900
2022 $2,186 $227,500 $52,000 $175,500
2021 $1,995 $214,100 $52,000 $162,100
2020 $2,004 $209,900 $52,000 $157,900
2019 $1,967 $205,600 $52,000 $153,600
2018 $1,979 $205,000 $52,000 $153,000
2017 $1,756 $186,900 $52,000 $134,900
2016 $1,751 $189,900 $52,000 $137,900
2014 $1,869 $188,000 $52,000 $136,000
2013 $1,869 $179,800 $52,000 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22029939

MIBOR Broker Listing Cooperative®

APN: 41-02-30-024-046.003-026