NOT LISTED FOR SALE

8811 Otter Cove Cir Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $744,000 - $885,000

5 Beds
4.5 Baths
5,551 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $500,000 $90 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,189/month

98 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Attached Garage
  • High Speed Internet
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of July 2019

Rare 1st floor master with 2019 open floor plan. Quality custom built finishes and updates seen in more expensive homes. Impressive 2 story great room flows to big updated kitchen (granite, SS appliances) perfect for large gatherings. Huge master bedroom with updated bath suite, tons of closets. Amazing 1st floor home office. 3 large bedrooms up and guest bedroom in lower level all w/bath access. Finished lower level with billiard room, wet bar, gym; Walkout, lots of light! 14 x 13 screen porch overlooks large yard with privacy.

Last Agent to Sell the Property

David Jessee

F.C. Tucker Company License #RB14007502 Listed on: 03/04/2019

F.C. Tucker Company

Last Buyer's Agent

Tim Jensen

Veridus Real Estate Services License #RB14040375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1994

Lot Details

  • 0.53 Acre Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Association fees include home owners entrance common insurance security snow removal
  • Admirals Sound Subdivision
  • Property managed by CASI
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490116106005000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,840

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1994
  • Garage Y N: Yes
  • Lot Size Acres: 0.53
  • Subdivision Name: ADMIRALS SOUND
  • Inspection Warranties: Not Applicable
  • Property Description: Rare 1st floor master with 2019 open floor plan. Quality custom built finishes and updates seen in more expensive homes. Impressive 2 story great room flows to big updated kitchen (granite, SS appliances) perfect for large gatherings. Huge master bedroom with updated bath suite, tons of closets. Amazing 1st floor home office. 3 large bedrooms up and guest bedroom in lower level all w/bath access. Finished lower level with billiard room, wet bar, gym; Walkout, lots of light! 14 x 13 screen porch overlooks large yard with privacy.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling,Finished,Walk-Out Access,Daylight/Lookout Windows
  • Appliances: Gas Cooktop,Dishwasher,Dryer,Disposal,Kit Exhaust,Microwave,Oven,Double Oven,Refrigerator,Washer
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log,Great Room
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves,Ceiling Cathedral,Ceiling Tray,Walk-in Closet(s),Hardwood Floors,Wet Bar
  • Living Area: 5551
  • Other Equipment: Central Vacuum,Smoke Detector,Sump Pump,WetBar,Water-Softener Rented
  • Room Count: 14
  • Areas Interior: Bath Jack-n-Jill,Bath Sinks Double Main,Foyer Large,Great Room - 2 Story,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 3573
  • Main Level Sq Ft: 2319
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Whirlpool
  • Total Sq Ft: 5551
  • Kitchen Features: Breakfast Bar,Center Island,Pantry
  • Below Grade Sq Ft: 1978
  • Upper Level Sq Ft: 1254
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick,Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete,Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 519900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Service Door,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: CASI
  • Management Company Phone: 317-875-5600
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners,Entrance Common,Insurance,Security,Snow Removal
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490116106005000400
  • Acres: 1/2-1 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 128
  • Lot Size: 23,087

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4840
  • Semi Annual Property Tax Amt: 2420
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jul 22, 2019
Sold by
Karas John G and Karas Mary
Bought by
Jensen Timothy M and Jensen Katie
Seller's Agent
David Jessee
F.C. Tucker Company
Buyer's Agent
Tim Jensen
Veridus Real Estate Services
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Total Days on Market
98
Current Estimated Value
$801,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,591
Avg. Annual Appreciation
8.39%
Original Mortgage
$450,000
Interest Rate
3.8%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Jensen Timothy M $500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Timothy M $155,936
Open Jensen Timothy M $430,000
Closed Jensen Timothy M $450,000
Previous Owner Karas John G $285,000
Previous Owner Karas John G $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $500,000 -3.8% $90 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $519,900 -1.9% $94 / Sq Ft
03/04/2019 03/04/19 For Sale $529,900 -- $95 / 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 $8,266 $702,500 $67,100 $635,400
2023 $8,266 $702,500 $67,100 $635,400
2022 $8,062 $664,600 $67,100 $597,500
2021 $6,960 $569,300 $67,100 $502,200
2020 $5,559 $474,100 $67,100 $407,000
2019 $5,217 $508,800 $67,100 $441,700
2018 $5,310 $518,400 $67,100 $451,300
2017 $4,961 $483,900 $67,100 $416,800
2016 $4,737 $461,900 $67,100 $394,800
2014 $8,214 $410,700 $67,100 $343,600
2013 $4,012 $385,000 $67,100 $317,900
Source: Public Records

Agents Affiliated with this Home

  • David Jessee

    Seller's Agent in 2019

    David Jessee

    F.C. Tucker Company

    (317) 849-5050

    3 in this area

    79 Total Sales

    David Jessee
    Section Image
  • Tim Jensen

    Buyer's Agent in 2019

    Tim Jensen

    Veridus Real Estate Services

    (317) 450-7653

    20 Total Sales

    Tim Jensen
    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21622351

MIBOR Broker Listing Cooperative®

APN: 49-01-16-106-005.000-400

Indiana Marion County Indianapolis 46236 Geist

8811 Otter Cove Cir, Indianapolis, IN

This home is located at 8811 Otter Cove Cir, Indianapolis, IN 46236 since 04 March 2019 and is currently estimated at $801,591, approximately $144 per square foot. This property was built in 1994. 8811 Otter Cove Cir is a home located in Marion County with nearby schools including Amy Beverland Elementary School, Belzer Middle School, and Lawrence Central High School.

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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.

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