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