NOT LISTED FOR SALE

10523 Laurel Ridge Ln Carmel, IN 46032

West Carmel Neighborhood

Estimated Value: $3,094,000 - $3,741,000

1.56 Acres
$2,208,238 Price per Acre
67,954 Sq Ft Lot

Last Sold February 25, 2016

Last sale price $450,000

Est. 666% increase in value since last sale

Current estimated payment $21,560/month

849 Days on Market

About This Lot

As of February 2016

Owner controlled development with strict architectural controls to protect your investment. 2.5 million dollar plus homes. Best location in Indy! Gated community with large beautiful lots available.

Last Listed By

Stephen Decatur

CENTURY 21 Scheetz Listed on: 07/27/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $88

Year Built

  • 2018

Lot Details

  • 1.56 Acre Lot

Community Details

  • Association fees include insurance, maintenance
  • Laurel Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291310002008000034

Property Details

Property Type

Land

Est. Annual Taxes

$88

Year Built

2018

Lot Details

0

Listing Details

  • Type: Single Lot
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2012
  • Lot Size Acres: 1.56
  • Road Frontage Type: Private Road, City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: LAUREL RIDGE
  • Property Description: Owner controlled development with strict architectural controls to protect your investment. 2.5 million dollar plus homes. Best location in Indy! Gated community with large beautiful lots available.
  • Transaction Type: Sale
  • Website: www.visitlaurelridge.com
  • Website: www.stevedecatur.com
  • Special Features: None
  • Year Built (Public Record): 2018

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 599500
  • Topography: NotApplic
  • Road Access: PrivateRd,CityStreet
  • Water: Municipal Water on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Insurance, Maintenance
  • Mandatory Fee: 1500

Lot Info

  • Development Status: Finished Lot(s)
  • Parcel Number: 291310002008000034
  • Zoning: Single Family Res
  • Acres: 1-3 Acres
  • Lot Number: 8
  • Lot Size: 1.56
  • Improvements: CurbsGuters,PavedStr
  • Land Characteristics: Platted Subdivision,Suburban
  • Potential Zoning: Single Family
  • Present Zoning: Single Family
  • Price Acre: 384295
  • Soil Type: Clay

Tax Info

  • Tax Annual Amount: 88
  • Semi Annual Property Tax Amt: 44
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Carmel Clay Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Mereddy Radhika R
Bought by
Allam Sandeep and Mereddy Radhika R
Total Days on Market
849
Current Estimated Value
$3,444,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,257,973
Interest Rate
3.7%
Mortgage Type
Construction
Estimated Equity
$2,186,879

Purchase Details

Listed on
Jul 27, 2013
Closed on
Feb 25, 2016
Sold by
Ridge Properties Llc
Bought by
Mereddy Radhika R
Seller's Agent
Stephen Decatur
CENTURY 21 Scheetz
Buyer's Agent
Stephen Decatur
CENTURY 21 Scheetz
List Price
$599,500
Sold Price
$450,000
Premium/Discount to List
-$149,500
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.88%
Original Mortgage
$250,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
Not Available
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
Allam Sandeep -- None Available
Mereddy Radhika R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allam Sandeep $750,000
Open Allam Sandeep $1,500,000
Closed Mereddy Radhika R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $450,000 -24.9% --
11/24/2015 11/24/15 Pending -- -- --
07/27/2013 07/27/13 For Sale $599,500 +172.5% --
03/29/2013 03/29/13 Sold $220,000 -76.2% --
01/29/2013 01/29/13 Pending -- -- --
04/17/2012 04/17/12 For Sale $925,000 -- --
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 $28,427 $2,447,200 $411,000 $2,036,200
2023 $28,492 $2,398,300 $411,000 $1,987,300
2022 $29,179 $2,438,000 $411,000 $2,027,000
2021 $26,679 $2,239,400 $411,000 $1,828,400
2020 $20,268 $3,373,400 $508,000 $2,865,400
2019 $34,427 $1,672,200 $306,000 $1,366,200
2018 $6,293 $306,000 $306,000 $0
2017 $6,308 $306,000 $306,000 $0
2016 $77 $600 $600 $0
2014 $12 $600 $600 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephen Decatur

    CENTURY 21 Scheetz

  • Steve Decatur

    Buyer's Agent in 2016

    Steve Decatur

    CENTURY 21 Scheetz

    (317) 590-7807

    4 in this area

    30 Total Sales

    Steve Decatur
    Section Image
  • Mark Zukerman

    Seller's Agent in 2013

    Mark Zukerman

    Encore Sotheby's International

    (260) 854-1212

    9 in this area

    28 Total Sales

    Mark Zukerman
    Section Image
  • Jeffrey Cohen

    Seller Co-Listing Agent in 2013

    Jeffrey Cohen

    Engel & Volkers

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21246967

MIBOR Broker Listing Cooperative®

APN: 29-13-10-002-008.000-018

Indiana Hamilton County Carmel 46032 West Carmel

10523 Laurel Ridge Ln, Carmel, IN

Homes for Sale in Carmel, IN

This home is located at 10523 Laurel Ridge Ln, Carmel, IN 46032 since 27 July 2013 and is currently estimated at $3,444,852. This property was built in 2018. 10523 Laurel Ridge Ln is a home located in Hamilton County with nearby schools including Towne Meadow Elementary School, Creekside Middle School, and Carmel 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.