NOT LISTED FOR SALE

1016 Indian Hills Dr Tuscaloosa, AL 35406

Estimated Value: $661,000 - $708,186

4 Beds
3 Baths
3,289 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $650,000 $198 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,898/month

47 Days on Market

Highlights

  • Lake Front
  • Multiple Fireplaces
  • Granite Countertops
  • Northridge High School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2024

Welcome to your dream lakefront retreat! This stunning home in Indian Hills subdivision boasts 4 bed, 3 bath plus an office. Step into the expansive main room, adorned with two majestic wood-burning fireplaces, perfect for formal gatherings or cozy evenings. Need a more relaxed space? The informal den awaits with its inviting gas fireplace. Whether it's work or relaxation, the office offers solace with its own wood-burning fireplace. But the real gem? The gorgeous lake frontage on Arrowhead Lake which is on hole 7 of Indian Hills. Don't miss out on this rare opportunity to own your own piece of paradise!

Last Agent to Sell the Property

Wilson Glaze

Keller Williams Tuscaloosa Listed on: 02/13/2024

Keller Williams Tuscaloosa

Co-Listed By

Jason Gray

Keller Williams Tuscaloosa

Last Buyer's Agent

Austin Bobo

Keller Williams Tuscaloosa

Keller Williams Tuscaloosa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1962

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 47x271x53x63x168x178x18
  • Lake Front

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,289 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Verner Elementary School
  • Northridge Middle School
  • Northridge High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-01-11-4-002-015.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1962

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Lot Size: 47x271x53x63x168x178x18
  • Road Surface Type: Paved
  • Water Body Name: Other
  • Co List Office Mls Id: KWTUSC
  • Co List Office Phone: (205) 759-3400
  • Subdivision Name: Indian Hills
  • Directions: Head northeast on 5th St/Rice Mine Rd N toward Indian Hills Dr, turn left onto Indian Hills Dr and the home will be on the left
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Over 35
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Oven, Electric Range, Refrigerator, Tankless Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, FamilyLivingGreat Room, Multiple, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Separate/Formal Dining Room, Granite Counters, Pantry, Solid Surface Counters, Cable TV, Walk-In Closet(s)
  • Living Area: 3289.0

Exterior Features

  • Pool Features: None
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Concrete, Driveway, Garage, Two Car Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Gas
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Verner
  • High School: Northridge
  • Middle Or Junior School: Northridge

Lot Info

  • Parcel #: 31-01-11-4-002-015.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 15, 2024
Sold by
Glaze Grayson M and Glaze Wendy G
Bought by
Bobo Austin Russell and Bobo Kayla
Seller's Agent
Wilson Glaze
Keller Williams Tuscaloosa
Buyer's Agent
Austin Bobo
Keller Williams Tuscaloosa
List Price
$774,900
Sold Price
$650,000
Premium/Discount to List
-$124,900
-16.12%
Views
93
Current Estimated Value
$677,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,297
Avg. Annual Appreciation
5.45%
Original Mortgage
$556,000
Outstanding Balance
$550,153
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$145,170

Purchase Details

Closed on
Mar 24, 2006
Sold by
Garner Sarah Jane
Bought by
Glaze Grayson M and Glaze Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
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
Bobo Austin Russell $650,000 North River Title
Bobo Austin Russell $650,000 North River Title
Glaze Grayson M $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobo Austin R $152,000
Open Bobo Austin Russell $556,000
Closed Bobo Austin Russell $556,000
Previous Owner Glaze Grayson M $475,561
Previous Owner Glaze Grayson M $496,000
Previous Owner Glaze Grayson M $476,000
Previous Owner Glaze Grayson M $384,000
Previous Owner Glaze Grayson M $100,000
Previous Owner Glaze Grayson M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $650,000 -13.3% $198 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/16/2024 03/16/24 Price Changed $750,000 -3.2% $228 / Sq Ft
02/13/2024 02/13/24 For Sale $774,900 -- $236 / Sq Ft
Source: West Alabama Multiple Listing Service

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 $2,344 $92,840 $12,000 $80,840
2023 $2,344 $86,300 $12,000 $74,300
2022 $2,008 $79,780 $12,000 $67,780
2021 $1,794 $71,460 $12,000 $59,460
2020 $1,620 $32,350 $6,000 $26,350
2019 $1,649 $32,940 $6,000 $26,940
2018 $1,649 $32,940 $6,000 $26,940
2017 $1,438 $0 $0 $0
2016 $1,488 $0 $0 $0
2015 $1,488 $0 $0 $0
2014 $1,488 $29,790 $6,000 $23,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Alabama Multiple Listing Service

MLS Number: 161045

West Alabama Multiple Listing Service

APN: 31-01-11-4-002-015.000