See Home Value
$618,999*
House - Off Market

8516 PRESERVATION Way

Indianapolis, IN 46278
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
4316 Sqft
$495,000 - $605,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 12, 2021
$503,100
$402,500 by First Financial Bank Fsb
Mortgage
Sold Jun 03, 2005
$622,500
$498,000 by Union Planters Bank Na
Mortgage Due Jun 01, 2035

About This Property

Absolutely beautiful custom 4 bedroom 5 bath home built by Meridian Homes located in The Preserve at Eagle Creek!  Natural light throughout home and views of the 8 acres of wooded common area behind home is stunning. Spend time at the natural fire pit, or hike the paths behind home. All carpet on stairs and upper level is brand new.  Maple kitchen with granite counters, gas fireplace, walk in pantry, Huge master suite with a sitting Rm and huge master closet.  All bedrooms have walk in closets and either a Jack-in-jill or private bath.  Large finished daylight basement with rec room and full bathroom. Home very close to Eagle Creek Reservoir! Schedule your showing today!

The manager has listed the unit size as 4316 square feet.
Unit Size
4,316Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$127
Property Type
House
Property Taxes
$4,536
HOA Dues
-
Year Built
2005

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 12, 2021 Sold to Gladys M Davis, Thomas E Davis $503,100
Sold to Gladys M Davis, Thomas E Davis
Mar 12, 2021 In contract -
In contract
Mar 6, 2021 Listed $550,000
Listed
Jun 3, 2005 Sold to John C Lopshire, Therese M ... $622,500
Sold to John C Lopshire, Therese M ...

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,421
  • Garage Type: Attached
  • Garage Square Area: 755
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 19,341
  • Total Building Area: 4,658
  • Gross Building Area: 4,658
  • Building Area: 3,793
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,793
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE PRESERVE AT EAGLE CRK ESTUARY SEC 2
  • Land Acres: 0.444
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: THE PRESERVE AT EAGLE CRK ESTUARY SEC TWO L46

Ownership

  • Current Owner : DAVIS THOMAS E
  • Current Owner 2: DAVIS GLADYS M
  • Previous Owner : LOPSHIRE JOHN C
  • Previous Owner 2: LOPSHIRE THERESE M
  • Owner Before Previous Owner: MERIDIAN HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pike Township Metropolitan School District
  • Census Tract: 310113

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2007-B7
  • District: 0006
  • Section: 280
  • Parcel: 49-04-28-106-008.000-600
  • Lot: 46
  • Meridian: SEC 28 TWN 17N RNG 02
  • Municipality: PIKE TOWNSHIP
  • Latitude: 39.8921
  • Longitude: -86.3132

    Address

  • Full Address: 8516 Preservation Way
  • Address - House Number: 8516
  • Address - Street Name: Preservation
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R020
  • 4-Digit Zip Code: 9598
  • Zip Code: 46278

Valuation

    Tax

  • Total Area: 3,903
  • Tax Year: 2022
  • Tax Amount: $5,652
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 601,416
  • High Value: 733,012
  • Low Value: 469,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,500
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK FSB
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Loan Amount: $402,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $628,700
  • Market Land Value: $97,400
  • Market Improvement Value: $531,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $628,700
  • Assessed Land Value: $97,400
  • Assessed Improvements Value: $531,300

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11836074348
  • Current Sale Price: $503,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100062244
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Contract Date: May 25, 2005
  • Previous Sale Amount: $622,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK FSB
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $402,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: UNION PLANTERS BANK NA
  • Previous Mortgage Transaction Date: Jun 03, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $498,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
5,348 ft²
$112/ft²
$600,000 Jul 27, 2023
-
$1,250/mo

About Eagle Creek


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Frequently Asked Questions

When was property at 8516 Preservation Way built and last sold?
The property at 8516 Preservation Way was built in 2005 and last sold on May 6, 2021 for $503,100.
How much is this home worth?
The estimated value of the home located at 8516 Preservation Way is $556,064.
What are some comparable homes to 8516 Preservation Way?
There are currently no comparable homes to 8516 Preservation Way.

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