NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,041,000

5 Beds
4.5 Baths
4,004 Sq Ft
$252/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $850,000 $212 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,071/month

48 Days on Market

Highlights

  • Waterfront
  • Mature Trees
  • Cathedral Ceiling
  • Smoky Row Elementary School Rated A+
  • Family Room with Fireplace
  • Marble Flooring

About This Home

As of January 2023

Possibly one of the most “perfect custom home designs” you are going to find in one of Carmel’s most desirable west side neighborhoods – Cheswick Place. An amazing setting. Decks & Sunroom w/ serene pond view. A yard that wraps around forever. The floor plan is built for the way your family likely lives and entertains. Flowing and bright common spaces w/ walkout basement. Large bedrooms; 1 private bath, 2 sharing J&J bath, oversized Master Suite and one multifunctional basement bedroom. Location is perfect for children to walk to Smoky Row Elementary (one of Carmel’s most desirable schools). This impeccably maintained, 1-owner (no pets) home is looking for the next family to call it home. Call quickly. See it soon. Plan to stay a long time.

Last Agent to Sell the Property

Julie Morton

Morton Homes Realty, Inc. License #RB14022183 Listed on: 09/15/2022

Co-Listed By

David Morton

Morton Homes Realty, Inc. License #RB18001203

Last Buyer's Agent

Julianne Deely

Berkshire Hathaway Home

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,148

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • Waterfront
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Fireplace in Basement
  • Basement Lookout

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Schools

  • Smoky Row Elementary School
  • Carmel Middle School

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / 1
  • Assessor Parcel Number 290922005019000018

Community Details

Overview

  • Association fees include home owners, parkplayground, management, tennis court(s)
  • Association Phone (317) 706-1706
  • Cheswick Place Subdivision
  • Property managed by Armour Mgmt

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,148

Year Built

Built in 1995

Lot Details

0

HOA Fees

$79 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Builder Name: Morton Custom Homes
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1995
  • Building Area Total: 6084
  • Co List Office Phone: 317-714-8716
  • Garage Y N: Yes
  • Lot Size Acres: 0.53
  • Subdivision Name: Cheswick Place
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: http://www.cheswickplacehoa.com/default.php
  • MBR_AttributionContact: julie@mortonhomesrealty.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Full, Walk Out, Daylight/Lookout Windows, Sump Pump
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Double Oven, Oven, Kitchen Exhaust, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1872
  • Fireplace Features: Basement, Family Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Raised Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Center Island, Pantry
  • Living Area: 4004
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Areas Interior: Bath Jack-n-Jill,Living Room Formal
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 2080
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 1924
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 3
  • SqFt Total: 6084

Exterior Features

  • Construction Materials: Wood Brick
  • Disclosures: Not Applicable
  • Exterior Features: Sprinkler System
  • Foundation Details: Poured Concrete, Full
  • List Price: 874900
  • Pool Features: Association
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Side Load Garage
  • Garage Parking Other: Finished Garage,Keyless Entry,Service Door
  • Garage Sq Ft: 1100

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Dual, Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 475
  • Association Fee Frequency: Semi-Annually
  • Association Phone: 317-706-1706
  • Association YN: Yes
  • Management Company Name: Armour Mgmt
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Transfer Fee

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, ParkPlayground, Management, Tennis Court(s)

Schools

  • Middle Or Junior School: Carmel Middle School

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 23087
  • Parcel Number: 290922005019000018
  • Acres: 1/2-1 Acre
  • Price Acre: 1.65075471698113207547169811320754716981E06

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6148
  • Tax Block: 1
  • Tax Lot: 16
  • Semi Annual Property Tax Amt: 3074
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Smoky Row Elementary School
  • Schools: CARMEL HIGH,CARMEL MIDDLE,SMOKY ROW ELEMENTARY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Jan 9, 2023
Sold by
Bertsch Thomas P and Bertsch Linda L
Bought by
Pan Zhengzheng and Zhou Jiahua
Seller's Agent
Julie Morton
Morton Homes Realty, Inc.
Buyer's Agent
Julianne Deely
Berkshire Hathaway Home
List Price
$874,900
Sold Price
$850,000
Premium/Discount to List
-$24,900
-2.85%
Views
11
Current Estimated Value
$1,007,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,061
Avg. Annual Appreciation
3.92%
Original Mortgage
$680,000
Outstanding Balance
$662,439
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$281,651
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
Pan Zhengzheng $850,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Zhengzheng $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $850,000 -2.8% $212 / Sq Ft
11/03/2022 11/03/22 Price Changed $874,900 0.0% $219 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
09/20/2022 09/20/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $874,900 -- $219 / 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 $7,841 $741,700 $199,300 $542,400
2023 $7,906 $691,200 $148,800 $542,400
2022 $7,079 $618,400 $148,800 $469,600
2021 $6,148 $536,400 $148,800 $387,600
2020 $6,042 $527,200 $148,800 $378,400
2019 $5,766 $503,100 $148,800 $354,300
2018 $5,430 $482,500 $148,800 $333,700
2017 $5,717 $508,000 $148,800 $359,200
2016 $5,495 $496,100 $148,800 $347,300
2014 $5,414 $494,600 $148,800 $345,800
2013 $5,414 $480,800 $148,800 $332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21882489

MIBOR Broker Listing Cooperative®

APN: 29-09-22-005-019.000-018