NOT LISTED FOR SALE

Estimated Value: $279,000 - $310,000

4 Beds
2.5 Baths
2,428 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $195,000 $80 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,889/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • 2 Car Attached Garage
  • Ben Davis University High School Rated A
  • Breakfast Room
  • Security System Owned

About This Home

As of April 2020

This home is located at 8861 Alto Way, Indianapolis, IN 46231 since 05 March 2020 and is currently estimated at $297,341, approximately $122 per square foot. This property was built in 2003. 8861 Alto Way is a home located in Marion County with nearby schools including Bridgeport Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

Last Agent to Sell the Property

Mukul Khanna

RE/MAX Advanced Realty License #RB14049376 Listed on: 03/05/2020

RE/MAX Advanced Realty

Last Buyer's Agent

Dennis Nottingham

RE/MAX Advanced Realty License #RB14027621

RE/MAX Advanced Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Attic Access Panel

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Utilities

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

Community Details

  • Association fees include insurance, snow removal
  • Berkshire Lakes Subdivision
  • Property managed by Berkshire HOA

Listing and Financial Details

  • Assessor Parcel Number 491216117011000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,780

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: BERKSHIRE LAKES
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Vaulted Ceiling(s)
  • Living Area: 2428
  • Other Equipment: Network Ready, Security Alarm Paid, Smoke Detector, Water-Softener Owned
  • Room Count: 10
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2428
  • Main Level Sq Ft: 974
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Tub Garden
  • Total Sq Ft: 2428
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1454

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 195000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Berkshire HOA
  • Management Company Phone: 317-381-1773

Fee Information

  • Association Fee Includes: Insurance, Snow Removal
  • Mandatory Fee: 279

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491216117011000900
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Trees Small
  • Lot Number: 146
  • Lot Size: 75X125

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1780
  • Semi Annual Property Tax Amt: 890
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Wayne Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 3, 2020
Sold by
Seua Rasy and Men Rithy
Bought by
Hasan and Al
Seller's Agent
Mukul Khanna
RE/MAX Advanced Realty
Buyer's Agent
Dennis Nottingham
RE/MAX Advanced Realty
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$297,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,341
Avg. Annual Appreciation
8.03%
Original Mortgage
$191,468
Outstanding Balance
$172,093
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$122,239

Purchase Details

Closed on
Dec 7, 2006
Sold by
Hineman Harry E and Hineman Stacy D
Bought by
Seua Rasy and Men Rithy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Hasan $195,000 First American Title Insurance
Seua Rasy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahroug El $191,468
Previous Owner Seua Rasy $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $195,000 0.0% $80 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $195,000 -- $80 / 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 $2,967 $240,600 $17,500 $223,100
2023 $2,967 $246,300 $17,500 $228,800
2022 $2,958 $237,700 $17,500 $220,200
2021 $2,687 $194,400 $17,500 $176,900
2020 $2,335 $170,300 $17,500 $152,800
2019 $2,279 $166,600 $17,500 $149,100
2018 $1,859 $154,200 $17,500 $136,700
2017 $1,841 $152,900 $17,500 $135,400
2016 $1,526 $127,400 $17,500 $109,900
2014 $1,257 $125,700 $17,500 $108,200
2013 $1,152 $115,500 $17,500 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21698734

MIBOR Broker Listing Cooperative®

APN: 49-12-16-117-011.000-900