NOT LISTED FOR SALE

1016 E Indian School Rd Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $863,899

Studio
-- Bath
3,277 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2026

Last sale price $861,400 $263 Per Sq Ft

Current estimated payment $5,095 / mo

250 Days on Market

Highlights

  • Ceiling height between 10 to 12 feet
  • Central Air
  • Heating Available
  • Longview Elementary School Rated 9+
  • Security Fence

About This Home

As of March 2026

This rare opportunity features a 3,276 SF flex building prominently located on Indian School Road in Midtown Phoenix. The property offers exceptional versatility, with approximately 50% of the shop space boasting an 18' clear height and the remainder at 11'7'' clear height—perfect for a variety of operational needs. The front portion of the building includes well-appointed retail or open office space, complete with a breakroom and restroom, providing a professional and functional layout for daily operations. With its strategic central location and flexible design, this property is an excellent fit for businesses in the mechanical, electrical, and plumbing (MEP) industries. It's also a unique find for automobile collectors seeking a centrally located, secure ''toy garage''.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 05/15/2025

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Garrett Hemeyer

Orion Investment Real Estate License #SA684184000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,659

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Security Fence
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,277 Sq Ft Home
  • Ceiling height between 10 to 12 feet

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Gas Available

Community Details

  • Public Restrooms

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 155-16-072

Property Details

Property Type

Other

Est. Annual Taxes

$4,659

Year Built

Built in 1986

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Cross Street: E Indian School & N 10th Pl
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Lot Size Acres: 0.21
  • Road Surface Type: Asphalt, Gravel
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Commercial, Other (See Remarks)
  • Cooling:Cooling: Central Air, Office A/C, Other, Warehouse A/C, See Remarks
  • Road Surface Type:Road Surface Type: Asphalt, Gravel
  • Electric:Electric: APS, City Electric
  • Ceiling Height: 10.1 Feet to 12 Feet, 16.1 Feet to 28 Feet
  • Building Features: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3277.0
  • Interior Features:Interior Features: Finished, Finished to Suit, Public Restrooms, Other (See Remarks)

Exterior Features

  • Fencing: Other, Security, See Remarks
  • Disclosures: None
  • Construction Type: Concrete, Wood Frame, Other, See Remarks
  • Roof: Built-Up, Other, Rolled/Hot Mop
  • Exterior: Building Sign, Monument Sign, Other (See Remarks)

Garage/Parking

  • Parking Features: Private, Other, See Remarks
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0

Utilities

  • Electric: APS, City Electric
  • Cooling: Office A/C, Other, Warehouse A/C, See Remarks
  • Heating: Electric, Other, See Remarks
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: City Gas, SW Gas

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 155-16-072

Tax Info

  • Tax Annual Amount: 4659.0
  • Tax Book Number: 155.0
  • Tax Lot: 1
  • Tax Map Number: 16.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Mar 17, 2026
Sold by
Bought by
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Garrett Hemeyer
Orion Investment Real Estate
List Price
$1,050,000
Sold Price
$861,400
Premium/Discount to List
-$188,600
-17.96%
Views
35
Current Estimated Value
$863,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,499
Avg. Annual Appreciation
0.88%
Original Mortgage
$732,700
Outstanding Balance
$719,292
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$144,607

Purchase Details

Closed on
Dec 10, 2021
Sold by
Bought by

Purchase Details

Closed on
May 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$861,400 Landmark Title
-- None Available
-- None Available
$225,000 Driggs Title Agency Inc
-- None Available
$162,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $732,700
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 Sold $861,400 -4.3% $263 / Sq Ft
01/20/2026 01/20/26 Pending -- -- --
09/05/2025 09/05/25 Price Changed $900,000 -14.3% $275 / Sq Ft
05/15/2025 05/15/25 For Sale $1,050,000 -- $320 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,821 $37,123
2024 $4,500 $35,355
2023 $4,500 $46,620 $24,270 $22,350
2022 $4,475 $44,100 $23,625 $20,475
2021 $4,551 $44,325 $23,625 $20,700
2020 $4,436 $43,635 $21,945 $21,690
2019 $4,244 $42,300 $20,700 $21,600
2018 $4,924 $45,792 $20,088 $25,704
2017 $4,521 $37,782 $19,494 $18,288
2016 $4,361 $37,386 $19,926 $17,460
2015 $4,166 $29,601 $14,042 $15,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6866628

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-16-072

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