NOT LISTED FOR SALE

8940 Promontory Rd Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $519,677 - $583,000

4 Beds
2.5 Baths
3,539 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $334,500 $95 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,324/month

25 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Woodwork
  • Wood Frame Window
  • Built-in Bookshelves
  • Walk-In Closet

About This Home

As of June 2019

UNBELIEVABLE VALUE IN DESIRED ADMIRALS POINTE UNDER $350,000! Pride of ownership is evident the moment you pull up to this 4 bedroom, 2.5 bathroom home situated on ideal wooded lot. This home offers neutral decor throughout, a large screened in porch in back yard with perfect deck for entertaining, large great room with built-ins, huge master with 9X9 walk-in closet, 500+ square feet of storage space on second level, a finished basement, and a back yard setting with landscaping that must be seen to fully appreciate! Great work shop area in finished garage with epoxy coated flooring! New roof in 2012 and new high efficiency furnace in 2015. This home has been meticulously maintained. Hurry, this will not last at $339,900!

Last Agent to Sell the Property

Scott Armstrong

Armstrong Real Estate Brokerag License #RB14037443 Listed on: 04/18/2019

Last Buyer's Agent

Rebecca Wilson

Rhodes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1988

Lot Details

  • 0.42

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Gas Log Fireplace
  • Wood Frame Window
  • Family Room with Fireplace

Kitchen

  • Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Partial Basement
  • Sump Pump

Utilities

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

Additional Features

  • Energy-Efficient HVAC
  • 0.42 Acre Lot

Community Details

  • Association fees include management
  • Admirals Pointe Subdivision
  • Property managed by Geist Harbors
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490115125017000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,410

Year Built

Built in 1988

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: 1988
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.42
  • Subdivision Name: ADMIRALS POINTE
  • Inspection Warranties: Not Applicable
  • Property Description: UNBELIEVABLE VALUE IN DESIRED ADMIRALS POINTE UNDER $350,000! Pride of ownership is evident the moment you pull up to this 4 bedroom, 2.5 bathroom home situated on ideal wooded lot. This home offers neutral decor throughout, a large screened in porch in back yard with perfect deck for entertaining, large great room with built-ins, huge master with 9X9 walk-in closet, 500+ square feet of storage space on second level, a finished basement, and a back yard setting with landscaping that must be seen to fully appreciate! Great work shop area in finished garage with epoxy coated flooring! New roof in 2012 and new high efficiency furnace in 2015. This home has been meticulously maintained. Hurry, this will not last at $339,900!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Partial
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Disposal, Microwave, Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Attic Pull Down Stairs, Built In Book Shelves, Walk-in Closet(s), Windows Wood, Wood Work Stained
  • Living Area: 3539
  • Other Equipment: Sump Pump
  • Room Count: 11
  • Areas Interior: Foyer Large,Living Room Formal,Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2776
  • Main Level Sq Ft: 1435
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Tub Full with Separate Shower,Tub Garden
  • Total Sq Ft: 3539
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 763
  • Upper Level Sq Ft: 1341
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter, Block
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Finished Garage,Side Load Garage,Service Door,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Entrance Common, Management
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490115125017000400
  • Acres: 1/4-1/2 Acre
  • Lot Information: Rural No Subdivision,Tree Mature,Wooded
  • Lot Number: 161
  • Lot Size: 18,295

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3410
  • Semi Annual Property Tax Amt: 1705
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jun 18, 2019
Sold by
Woodworth Robert A and Woodworth Donna A
Bought by
Hutchinson Thomas J and Hutchinson Lori A
Seller's Agent
Scott Armstrong
Armstrong Real Estate Brokerag
Buyer's Agent
Rebecca Wilson
Rhodes Realty, LLC
List Price
$339,900
Sold Price
$334,500
Premium/Discount to List
-$5,400
-1.59%
Current Estimated Value
$555,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,669
Avg. Annual Appreciation
8.36%
Original Mortgage
$264,800
Outstanding Balance
$232,824
Interest Rate
4.1%
Mortgage Type
Construction
Estimated Equity
$322,345
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hutchinson Thomas J $334,500 Near North Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Thomas J $264,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2019 06/18/19 Sold $334,500 -1.6% $95 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $339,900 -- $96 / 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 $4,956 $452,400 $78,900 $373,500
2023 $4,956 $441,900 $78,900 $363,000
2022 $4,384 $389,000 $78,900 $310,100
2021 $3,850 $332,200 $55,400 $276,800
2020 $3,865 $330,100 $55,400 $274,700
2019 $3,456 $334,300 $55,400 $278,900
2018 $3,505 $339,500 $55,400 $284,100
2017 $3,517 $341,000 $55,400 $285,600
2016 $3,041 $293,700 $55,400 $238,300
2014 $3,090 $309,000 $55,400 $253,600
2013 $2,996 $306,800 $55,400 $251,400
Source: Public Records

Agents Affiliated with this Home

  • Scott Armstrong

    Seller's Agent in 2019

    Scott Armstrong

    Armstrong Real Estate Brokerag

    (317) 432-1544

    154 Total Sales

    Scott Armstrong
    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Wilson

    Rhodes Realty, LLC

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21634907

MIBOR Broker Listing Cooperative®

APN: 49-01-15-125-017.000-400

Indiana Marion County Indianapolis 46236 Geist

8940 Promontory Rd, Indianapolis, IN

This home is located at 8940 Promontory Rd, Indianapolis, IN 46236 since 18 April 2019 and is currently estimated at $555,169, approximately $156 per square foot. This property was built in 1988. 8940 Promontory Rd is a home located in Marion County with nearby schools including Amy Beverland Elementary School, Belzer Middle School, and Lawrence 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.

Nearby Homes