NOT LISTED FOR SALE

Estimated Value: $710,000 - $989,000

5 Beds
4.5 Baths
4,738 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $541,000 $114 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,147/month

390 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Tray Ceiling
  • McCordsville Elementary School Rated A-
  • Bar Fridge
  • Wet Bar

About This Home

As of May 2014

Wonderful Ranch with full walk-out lower level. 5 Bedrooms 4.5 Baths 3+ car side entry garage. Very open home with high ceilings and extra large windows, views to Geist Lake. Lots of updating with new hardwoods, new electronics, flat screen TV's & theater equipment. Second bedroom on main level or Den/Office. 5' wide stairway to lower level. All Kitchen, Wet Bar and Laundry Rm appliances stay. Exercise Room is plumbed for a salon. Screened Porch at main level Large Deck at lower level. Easy Show

Last Agent to Sell the Property

Dick Richwine

Berkshire Hathaway Home License #RB14006231 Listed on: 01/18/2013

Berkshire Hathaway Home

Co-Listed By

Joel Woelfle

Berkshire Hathaway Home License #RB14008894

Last Buyer's Agent

Julie Preston

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1997

Lot Details

  • 0.41 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,738 Sq Ft Home
  • Wet Bar
  • Home Theater Equipment
  • Sound System
  • Bar Fridge
  • Woodwork
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include insurance, maintenance, professional mgmt, snow removal, security
  • Admirals Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490115105055000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,790

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemp, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1997
  • Garage Y N: Yes
  • Lot Size Acres: 0.41
  • Subdivision Name: ADMIRALS BAY
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderful Ranch with full walk-out lower level. 5 Bedrooms 4.5 Baths 3+ car side entry garage. Very open home with high ceilings and extra large windows, views to Geist Lake. Lots of updating with new hardwoods, new electronics, flat screen TV's & theater equipment. Second bedroom on main level or Den/Office. 5' wide stairway to lower level. All Kitchen, Wet Bar and Laundry Rm appliances stay. Exercise Room is plumbed for a salon. Screened Porch at main level Large Deck at lower level. Easy Show
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Bar Fridge, Refrigerator, Washer, Wine Cooler
  • Levels: One
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), WoodWorkStain/Painted, Wet Bar
  • Living Area: 4738
  • Other Equipment: Smoke Detector, Sump Pump, Surround Sound, Theater Equipment, WetBar, Water-Softener Owned
  • Room Count: 13
  • Areas Interior: Foyer - 2 Story,In-Law Quarters,Bath Jack-n-Jill,Laundry Room Main Level,Bedroom Other on Main
  • Eating Area: Breakfast Room,Center Island,Formal Dining Room,Walk In Pantry
  • Basement Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2369
  • Main Level Sq Ft: 2369
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Main Level,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 4738
  • Below Grade Sq Ft: 2369
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 5.0000
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 574500
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks,Screened in Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Dual, Forced Air, Humidifier
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Maintenance, Professional Mgmt, Snow Removal, Security
  • Mandatory Fee: 450

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490115105055000400
  • Acres: 1/4-1/2 Acre
  • Lot Information: Cul-De-Sac,Storm Sewer
  • Lot Number: 319
  • Lot Size: 0.41 AC

Tax Info

  • Tax Annual Amount: 3790
  • Semi Annual Property Tax Amt: 1895
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Lawrence Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Preston Julie and Hofmeister Eric S
Bought by
Hofmeister Julie C and Hofmeister Eric S
Current Estimated Value
$841,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$120,124
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$721,076

Purchase Details

Listed on
Jan 18, 2013
Closed on
May 19, 2014
Sold by
Braswell Brooke
Bought by
Preston Julie C and Hofmeister Eric
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Julie Preston
F.C. Tucker Company
List Price
$598,500
Sold Price
$541,000
Premium/Discount to List
-$57,500
-9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$341,000
Outstanding Balance
$251,577
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$589,623

Purchase Details

Listed on
Jan 18, 2013
Closed on
May 15, 2014
Sold by
Braswell Brooke
Bought by
Preston Julie and Hofmeister Eric S
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Julie Preston
F.C. Tucker Company
List Price
$598,500
Sold Price
$541,000
Premium/Discount to List
-$57,500
-9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Outstanding Balance
$251,577
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$589,623

Purchase Details

Closed on
Nov 22, 2006
Sold by
Rutkauskas Lawrence L and Rutkauskas Leanna L
Bought by
Soule Steven M and Classen Chandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hofmeister Julie C -- None Available
Preston Julie C $541,000 Enterprise Title
Preston Julie -- None Available
Soule Steven M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmeister Julie C $165,000
Open Preston Julie $341,000
Previous Owner Soule Steven M $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2014 05/19/14 Sold $541,000 -5.8% $114 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
01/10/2014 01/10/14 Price Changed $574,500 -4.0% $121 / Sq Ft
07/28/2013 07/28/13 For Sale $598,500 +10.6% $126 / Sq Ft
07/11/2013 07/11/13 Off Market $541,000 -- --
01/18/2013 01/18/13 For Sale $598,500 -- $126 / 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 $8,406 $759,600 $94,300 $665,300
2023 $8,723 $756,800 $94,300 $662,500
2022 $8,513 $702,000 $94,300 $607,700
2021 $6,876 $574,300 $55,600 $518,700
2020 $6,896 $566,000 $55,600 $510,400
2019 $6,346 $592,400 $55,600 $536,800
2018 $5,699 $530,700 $55,600 $475,100
2017 $6,049 $563,200 $55,600 $507,600
2016 $5,640 $525,200 $55,600 $469,600
2014 $4,905 $490,500 $55,600 $434,900
2013 $7,862 $393,100 $55,600 $337,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21212004

MIBOR Broker Listing Cooperative®

APN: 49-01-15-105-055.000-400