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$700,000

7425 Berkshire Lane Cumberland, IN  46229

  • 4 Beds
  • 5 Baths
  • 5,643 sq. Ft

Property Description for 7425 Berkshire Lane Cumberland, IN 46229

This exceptional 4-bedroom, 5-bathroom residence offers over 5,600 sq. ft. of refined living space, combining timeless elegance with modern convenience. The home's grand entry, adorned with dental crown molding, leads to formal living and dining areas featuring maple hardwood floors, a crystal chandelier, and French doors. The expansive Great Room impresses with 17-foot cathedral ceilings, a striking Chihuly-inspired glass chandelier, floor-to-ceiling brick fireplace, and French patio doors opening to the backyard. A chef's kitchen with granite countertops, a center island, stainless steel appliances, and a breakfast nook with views of the pool provides the perfect setting for culinary endeavors. The main-level primary suite serves as a luxurious retreat, boasting cathedral ceilings, dual walk-in closets, and an ensuite with a jetted jacuzzi tub and tiled shower. Upstairs, two bedrooms share a Jack & Jill bathroom, while a guest suite includes a private bath and walk-in closet. The 75%-finished basement is designed for entertainment, featuring a full bar, 200+ bottle wine rack, pre-wired home theater, fitness/game room, and half bath. Outdoors, the meticulously landscaped backyard showcases a heated 12'x50' inground pool with recent upgrades, surrounded by a cedar picket fence, covered patio, and storage barn. Additional highlights include a 3-car garage with an 18-foot workbench, attic storage, a half-court basketball area, an irrigation system, and scenic pond views from the front porch, making this property a perfect blend of luxury and functionality.

Address:7425 Berkshire Lane Cumberland IN 46229
Status:Active
on site: 7 days
Price:$700,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:5,643
Year Built:1990
Lot Size:0.63
County: Hancock
Township: Sugar Creek
MLS #:22001346
Property Type:Single Family Residence

Lot Dimensions:27486
Lot Features:Curbs, Irregular Lot, Sidewalks, Storm Sewer, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,942
Upper Level Sq. Ft. :1,180
Total Sq. Ft. :5,643
Basement:Yes

Loan Price
$4,448
Price And Interest $3,652/month
Property Tax $504/month
MTG INS $0/month
HOME INS $292/month
Price
$700,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$504/month
Home Owner Insurance
$3,504 / year
HOA Dues
$6 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 27x20 Main
Dining Room 15x11 Main
Kitchen 15x12 Main
Laundry 15x10 Main
Primary Bedroom 14x18' Main
Bedroom 2 14x14 Upper
Bedroom 3 15x11 Upper
Bedroom 4 15x12 Upper
Living Room 15x15 Main
Family Room 22x28 Basement
Exercise Room 24x15 Basement
Play Room 15x10 Basement
Breakfast Room 10x7 Main

Semi-Annual Property Tax:$3,025
Tax Year:2023
Other Disclosures:Broker Owned
Mandatory HOA Fee:$075
HOA Fee Paid:Annually

Area: 3007 - Hancock - Sugar Creek
Subdivision: Glen Oaks Village
Zip Code:46229

Total Sq. Ft.:5,643
Interior Features:Attic Access, Attic Pull Down Stairs, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Cathedral Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Supplemental Storage, Walk-in Closet(s), Windows Thermal, WoodWorkStain/Painted
Interior Area(s):Bath Jack-n-Jill, Laundry in Unit, Living Room Formal
Eating Area(s):Breakfast Room, Dining Combo/Living Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Microwave, Double Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump w/Backup
Exterior Features:Barn Mini, Basketball Court, Outdoor Fire Pit, Sprinkler System
Exterior Type:Brick, Cement Siding
Fireplace(s):Gas Log, Great Room
Cool:Central Electric
Heat:Forced Air, Gas, High Efficiency (90%+ AFUE )
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Microwave, Double Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned
Total Rooms:13
Kurt Simmons, REALTORĀ®/Broker, F. C. Tucker Company
Kurt Simmons
Phone (317) 432-8048
Additional Phone (317) 891-0100
F.C. Tucker Company

Listing provided courtesy of Kurt Simmons with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/12/2024 12:00 AM. 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.





Cumberland Market Report

65
Avg. DOM
$164.62
Avg. $ / Sq.Ft.
$ 333,105
Med. List Price

The house prices in Cumberland are not dropping at the moment. There has been a increase in price of $51,492.35. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Cumberland are going Up. The average house price is $332,605.00 and the average price per square feet is $162.51 per square feet. At the moment, the amount of homes listed is exactly 38 houses, with 8 with active status, 3 with pending status and 27 sold in Cumberland .

The most popular place to buy a home in Cumberland is 3007 - Hancock - Sugar Creek. 3007 - Hancock - Sugar Creek is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Cumberland .

The average amount of property taxes you would have to pay for a home in Cumberland is $176.75. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Cumberland are staying listed for an average of 95 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Cumberland was 11680 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Cumberland is $401,427.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Cumberland is $278,858.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Cumberland in year 2022 and the newest built house is in year 2024.

The average size of properties in Cumberland is 2085.38 sq.ft. , the biggest one being 2511 sq.ft. and the smaller being 1715 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.