NOT LISTED FOR SALE

10440 E Us Highway 136 Indianapolis, IN 46234

92 Acres
-- Price per Acre
4,007,520 Sq Ft Lot

Last Sold April 18, 2023

Last sale price $6,500,000

1,275 Days on Market

About This Lot

As of April 2023

This property is part of the old CLERMONT DRIVE-IN THEATER. Currently Re-Zoned from PLANNED BUSINESS PARK/GENERAL BUSINESS (PB/GB) to REGIONAL OUTDOOR ENTERTAINMENT (OE). On Approximately 92+ Acres, the East Side of the property currently consists of FOUR SOFTBALL DIAMONS WITH ASSOCIATED FENCING AND LIGHTING, a 3600 SQUARE FOOT BUILDING THAT SUPPORTS HOSPITLITY/DINING/SNAK BAR (all restaurant equipment & walk-in cooler included), RESTROOMS, ADDITIONAL STORAGE & OFFICE SPACE. The North & West Side of the property consists of a large open field & a 16 acre Nature Preserve. There is a LARGE PAVED ENTRY & PARKING AREA to access the site from Highway 136.

Last Agent to Sell the Property

Andrew Sandler

A. M. Sandler & Associates License #RB14021739 Listed on: 11/09/2018

Last Buyer's Agent

Pat Ploughe

Keller Williams Indy Metro S License #RB14022383

Keller Williams Indy Metro S

Property Details

Property Type

  • Land

Lot Details

  • 92 Acre Lot
  • Additional Parcels

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Assessor Parcel Number 014217621400001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Other,See Remarks
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2018
  • Lot Size Acres: 92
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt, Gravel
  • Subdivision Name: Subdivision Not Available See Legal
  • Transaction Type: Sale
  • Website: http://www.amsandler.com
  • Website: http://10440eushighway136.ihousenet.com/mlsmax/home.htm
  • MBR_AttributionContact: andy@amsandler.com
  • Special Features: VirtualTour

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 8500000
  • Other Structures: Other
  • Topography: Cleared,Level,Pond,See Remarks
  • Road Access: Frontage Road
  • Water: Municipal Water on Site,Well on Site

Utilities

  • Sewer: Municipal Sewer On Site
  • Solid Waste: Yes

Lot Info

  • Additional Parcels Description: 014217621300001
  • Additional Parcels: Yes
  • Development Status: Easements, Surveyed
  • Lot Size Sq Ft: 92
  • Parcel Number: 014217621400001
  • Zoning: GB/PB/OE
  • Acres: >20 Acres
  • Land Characteristics: Irregular Lot,Rural,Rural Not in Subdivision,Mature Trees,Other
  • Present Zoning: Commercial,Recreational,See Remarks
  • Price Acre: 70652.1739130435
  • Soil Type: See Remarks
  • Divisible: No

Tax Info

  • Tax Annual Amount: 175464
  • Tax Lot: N/A
  • Semi Annual Property Tax Amt: 87732
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Apr 27, 2023
Sold by
842 Land Holdings Llc
Bought by
State Of Indiana
Seller's Agent
Andrew Sandler
A. M. Sandler & Associates
Buyer's Agent
Pat Ploughe
Keller Williams Indy Metro S
List Price
$7,500,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,000,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,422,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2018
Closed on
Apr 18, 2023
Sold by
Ed & H Llc
Bought by
842 Land Holdings Llc
Seller's Agent
Andrew Sandler
A. M. Sandler & Associates
Buyer's Agent
Pat Ploughe
Keller Williams Indy Metro S
List Price
$7,500,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,000,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,422,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
State Of Indiana $2,350 None Listed On Document
842 Land Holdings Llc $4,828,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 10440 Holdings Llc $1,422,000
Previous Owner 842 Land Holdings Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $6,500,000 -13.3% --
05/07/2022 05/07/22 Pending -- -- --
11/09/2018 11/09/18 For Sale $7,500,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $84,497 $3,515,700 $2,992,900 $522,800
2023 $52,654 $1,882,200 $1,257,900 $624,300
2022 $38,347 $1,395,400 $758,000 $637,400
2021 $37,650 $1,336,700 $758,000 $578,700
2020 $26,781 $1,399,900 $758,000 $641,900
2019 $24,261 $1,399,600 $758,000 $641,600
2018 $27,252 $1,584,100 $962,000 $622,100
2017 $45,399 $1,603,600 $962,000 $641,600
2016 $23,553 $854,700 $206,700 $648,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew Sandler

    Seller's Agent in 2023

    Andrew Sandler

    A. M. Sandler & Associates

    (317) 331-8121

    3 in this area

    55 Total Sales

    Andrew Sandler
    Section Image
  • Pat Ploughe

    Buyer's Agent in 2023

    Pat Ploughe

    Keller Williams Indy Metro S

    (317) 852-2217

    41 in this area

    182 Total Sales

    Pat Ploughe
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21603184

MIBOR Broker Listing Cooperative®

APN: 32-08-17-400-001.000-016

Indiana Hendricks County Indianapolis 46234

10440 E Us Highway 136, Indianapolis, IN

This home is located at 10440 E Us Highway 136, Indianapolis, IN 46234 since 09 November 2018. 10440 E Us Highway 136 is a home located in Hendricks County with nearby schools including Cardinal Elementary School, Brownsburg West Middle School, and Brownsburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.

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