Property detail

Location Address 232 W INDIES DR
Municipality PALM BEACH
Parcel Control Number 50-43-43-10-06-000-0040
Subdivision BRAMS ADD IN
Official Records Book/Page 29656 / 1871
Sale Date 02/15/2018
Legal Description BRAMS ADDITION LT 4

Owner INFORMATION

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Owner(s) Mailing Address
ADS TRUST
232 W INDIES DR
PALM BEACH FL 33480 3409

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/15/2018 $10 29656 / 01871 WARRANTY DEED ADS TRUST
12/19/2014 $4,050,000 27253 / 01272 WARRANTY DEED SCHERER ALLAN D
06/26/2005 $3,475,000 18899 / 01297 WARRANTY DEED VECELLIO MICHAEL A
05/22/2003 $1,425,000 15274 / 01717 WARRANTY DEED PINK HOUSE P B INC
06/01/1987 $650,000 05331 / 01549 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 2016
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
SCHERER ALLAN D 2025 HOMESTEAD
SCHERER ALLAN D 2025 ADDITIONAL HOMESTEAD
SCHERER ALLAN D 2025 QUALIFIED EXEMPTION

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 504
FOP Finished Open Porch 136
BAS Base Area 4104
FST Finished Storage 49
FOP Finished Open Porch 746
FOP Finished Open Porch 133
Total Square Footage 5672
Area Under Air 4104

Number of Units 1
Total Square Feet* 5672
Acres .33
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CONC. BLOCK
Year Built 1960
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 4
Half Baths 1
Exterior Wall 2 WSF: BRICK
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLYWOOD PNL.
Interior Wall 2 DRYWALL
Floor Type 1 HARDWOOD
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1987 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.3311

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $3,865,477 $4,947,100 $3,029,566 $3,076,328 $2,273,356
Land Value $7,426,815 $7,787,340 $7,354,710 $5,552,085 $3,176,094
Total Market Value $11,292,292 $12,734,440 $10,384,276 $8,628,413 $5,449,450
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $3,865,477 $4,947,100 $3,029,566 $3,076,328 $2,273,356 $2,351,211 $2,244,848 $1,854,380 $1,575,724 $1,351,195
Land Value $7,426,815 $7,787,340 $7,354,710 $5,552,085 $3,176,094 $2,844,542 $2,595,780 $2,417,825 $2,628,071 $2,433,399
Total Market Value $11,292,292 $12,734,440 $10,384,276 $8,628,413 $5,449,450 $5,195,753 $4,840,628 $4,272,205 $4,203,795 $3,784,594

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $4,069,563 $3,954,872 $3,839,682 $3,727,847 $3,619,269
Exemption Amount $55,722 $55,000 $55,000 $50,500 $50,500
Taxable Value $4,013,841 $3,899,872 $3,784,682 $3,677,347 $3,568,769
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $4,069,563 $3,954,872 $3,839,682 $3,727,847 $3,619,269 $3,569,299 $3,489,051 $3,423,995 $3,353,570 $3,284,594
Exemption Amount $55722 $55000 $55000 $50500 $50500 $50500 $50500 $50000 $50000 $50000
Taxable Value $4,013,841 $3,899,872 $3,784,682 $3,677,347 $3,568,769 $3,518,799 $3,438,551 $3,373,995 $3,303,570 $3,234,594

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $59,844 $58,151 $56,979 $57,144 $58,076
NON AD VALOREM $1,203 $1,192 $1,095 $1,091 $1,182
TOTAL TAX $61,048 $59,343 $58,074 $58,235 $59,258
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $59,844 $58,151 $56,979 $57,144 $58,076 $58,214 $57,869 $55,150 $55,196 $55,812
NON AD VALOREM $1,203 $1,192 $1,095 $1,091 $1,182 $1,164 $1,165 $1,174 $1,150 $170
TOTAL TAX $61,048 $59,343 $58,074 $58,235 $59,258 $59,378 $59,034 $56,324 $56,346 $55,982

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.