NOT LISTED FOR SALE

Estimated Value: $702,000 - $739,000

3 Beds
3.5 Baths
2,624 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $545,000 $208 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,625/month

Highlights

  • Gated Community
  • Deck
  • Vaulted Ceiling
  • Waterfront
  • Contemporary Architecture
  • 1-minute walk to Colts Canal Playspace

About This Home

As of September 2019

Rare opportunity to lease a slice of paradise in downtown's coveted Watermark community. This meticulous home is perfectly situated along the Cultural Trail w/ breathtaking views of Indy's skyline & canal! Ideal corner lot allows for expansive cityscapes, extra guest parking, loads of natural light & full privacy fence. Light, bright, updated interior w/ 20-ft ceilings, hardwood floors, gas FP & built-ins galore. Desirable main level master suite is quietly tucked away. Upstairs, 2 oversized beds w/ jack & jill bath lead to outdoor oasis. Custom-designed office w/ unparalleled views makes working from home a breeze! Finished BSMT boasts rec rm, stunning bath & bonus rm perfect for guests. Enjoy the perks of home in the heart of the city!

Last Agent to Rent the Property

Chanda Johnson

Maywright Property Co. License #RB14046367 Listed on: 07/16/2019

Co-Listed By

Murphy Hendy

Dropped Members License #RB18001113

Last Renter's Agent

Chanda Johnson

Maywright Property Co. License #RB14046367 Listed on: 07/16/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront
  • Corner Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room with Fireplace

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Water Feature
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 8/1/19
  • Tenant pays for cable TV, carpet cleaning, electricity, gas, insurance, sewer, water
  • The owner pays for dues mandatory, ho fee, ins hazard, lawncare, taxes, trash collection
  • $50 Application Fee
  • Legal Lot and Block 7 / II
  • Assessor Parcel Number 491102250039007101

Community Details

Overview

  • Association fees include home owners, lawncare, maintenance, management, snow removal
  • Association Phone (317) 558-5345
  • Watermark Subdivision
  • Property managed by Kirkpatrick Mgmt Co

Recreation

  • Hiking Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$200 per month

Parking

2

Rental Info

  • Available Date: 2019-08-01
  • Lease Amount: 3200
  • Tenant Pays: Cable TV, Carpet Cleaning, Electricity, Gas, Insurance, Sewer, Water
  • Min Lease Req: 12
  • Security Deposit: 3200
  • Smoking: No
  • Application Fee: 50
  • Security Deposit Refundable Y N: Yes
  • Leased Type: Leased
  • Lease Termin Months: 36

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2005
  • Building Area Total: 3776
  • Co List Office Phone: 317-489-3441
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: Watermark
  • Inspection Warranties: Not Applicable
  • Transaction Type: Lease
  • MBR_AttributionContact: chanda@maywright.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Full, Sump Pump
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1152
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Furnished: Unfurnished
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal, Wood Work Painted, Paddle Fan, Bath Sinks Double Main, Hi-Speed Internet Availbl, Network Ready, Center Island, Pantry
  • Living Area: 2624
  • Main Level Bedrooms: 1
  • Other Equipment: Security Alarm Paid, Smoke Alarm
  • Owner Pays: Dues Mandatory, HO Association Fee, Ins Hazard, Lawncare, Taxes, Trash Collection
  • Areas Interior: Bath Jack-n-Jill,Living Room - 2 Story,Utility Room
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1292
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1332
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2
  • SqFt Total: 3776

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Exterior Features: Outdoor Fire Pit, Water Feature Fountain
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 3200
  • Patio And Porch Features: Deck UP
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Rear/Side Entry, Guest Parking
  • Garage Parking Other: Finished Garage,Keyless Entry

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Quarterly
  • Association Phone: 317-558-5345
  • Association YN: Yes
  • Pets Allowed: No
  • Management Company Name: Kirkpatrick Mgmt Co
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations,Transfer Fee

Fee Information

  • Association Fee Includes: Association Home Owners, Lawncare, Maintenance, Management, Snow Removal

Lot Info

  • Lot Features: Corner Lot, Gated Community, On Trail
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.1
  • Parcel Number: 491102250039007101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 7596
  • Tax Block: II
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 3798
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 30, 2014
Sold by
Rao B D Nageswara
Bought by
Mantravadi Avinash
Seller's Agent
Joan Lonnemann
F.C. Tucker Company
Buyer's Agent
Amy Longoria
eXp Realty, LLC
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Total Days on Market
47
Current Estimated Value
$721,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,252
Avg. Annual Appreciation
2.55%
Original Mortgage
$400,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jul 17, 2014
Sold by
Rao B D Nageswara
Bought by
Mantravadi Avinash and Mantravadi Manasa
Seller's Agent
Joan Lonnemann
F.C. Tucker Company
Buyer's Agent
Amy Longoria
eXp Realty, LLC
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mantravadi Avinash $545,000 Title Services Llc
Mantravadi Avinash -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mantravadi Avinash $500,000
Closed Mantravadi Avinash $400,000
Previous Owner Rao B D Nageswara $322,000
Previous Owner Rao B D Nageswara $396,847
Previous Owner Rao B D Nageswara $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Rented $3,300 +3.1% --
09/02/2019 09/02/19 Under Contract -- -- --
07/16/2019 07/16/19 For Rent $3,200 0.0% --
07/30/2014 07/30/14 Sold $545,000 -5.2% $144 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
07/09/2014 07/09/14 Price Changed $575,000 -3.4% $152 / Sq Ft
04/28/2014 04/28/14 For Sale $595,000 -- $158 / 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 $18,309 $819,400 $119,500 $699,900
2023 $18,309 $768,200 $119,500 $648,700
2022 $22,299 $768,200 $119,500 $648,700
2021 $17,220 $744,600 $93,800 $650,800
2020 $16,698 $719,300 $93,800 $625,500
2019 $15,194 $642,000 $93,800 $548,200
2018 $7,596 $614,500 $93,800 $520,700
2017 $6,236 $576,900 $93,800 $483,100
2016 $6,135 $582,300 $93,800 $488,500
2014 $6,932 $634,000 $93,800 $540,200
2013 $6,316 $604,300 $93,800 $510,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21654981

MIBOR Broker Listing Cooperative®

APN: 49-11-02-250-039.007-101